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Global Home Healthcare Industry to show Impressive Growth of CAGR during the period 2018-2025

Press release   •   Nov 02, 2018 16:40 IST

Home Healthcare Market

Home healthcare market includes a wide range of healthcare services for injuries or illness as at homecare settings. The goal of the home healthcare is to treat injury and improve health outcomes for the patient. These services are more convenient and less expensive and are efficient for wound intravenous or nutrition therapy and monitoring serious illness and unstable health status of the patient.

The growth of the global home healthcare market can be attributed to the increasing geriatric population and increasing incidences of chronic diseases across the globe. The other factors such as rising demand for affordable healthcare delivery systems due to the increasing healthcare cost, technological advancements, and government initiatives are likely to add novel opportunities for the global home healthcare market over the forecast period.

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The “Global Home Healthcare Market Analysis to 2025” is a specialized and in-depth study of the healthcare industry with a focused global market trend. The report aims to provide an overview of global home healthcare market with detailed market segmentation by product, software, services, and geography. The global home healthcare market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Leading Home Healthcare Market Players:

1. General Electric Company
2. Koninklijke Philips N.V.
3. Abbott
4. McKesson Corporation
5. Fresenius Kabi AG
6. The Linde Group
7. F. Hoffmann-La Roche Ltd
8. OMRON
9. Almost Family
10. LHC Group, Inc.

On the basis of product, the market is segmented into home healthcare mobility care products, therapeutic products and testing, screening, & monitoring products and others. By software, the market is classified as hospice solutions, clinical management systems, agency software and others. Based on services, the home healthcare market is segmented into hospice and palliative care services, respiratory therapy services, infusion, therapy services, rehabilitation therapy services, skilled nursing services, pregnancy care services and unskilled care services and others.

The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global home healthcare based on product, software, and services. It also provides market size and forecast till 2025 for overall home healthcare market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East &Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

North America is expected to dominate the home healthcare market in the global arena due to increasing advancements in information technology and integration of healthcare with medical electronics in the region. However, the Asia-Pacific region is anticipated to show a significant growth rate over the next few years in the global home healthcare market due to rapidly incrementing healthcare costs that proportionally increasing the demand for affordable treatment options in the region.

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The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

The report also includes the profiles of key home healthcare manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are General Electric Company, Koninklijke Philips N.V., Abbott, McKesson Corporation, Fresenius Kabi AG, The Linde Group, F. Hoffmann-La Roche Ltd, OMRON, Almost Family, LHC Group, Inc. among others.

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