The global home healthcare market size was USD 179.56 Billion in 2020 and is expected to register a revenue CAGR of 8.4%, during the forecast period, according to latest analysis by Emergen Research. Home healthcare market revenue growth is primarily driven by factors such as rising incidence of chronic diseases such as diabetes, cardiovascular disease, and hypertension and increasing technological advancements made in home healthcare products. Moreover, rising demand for telehealthcare services and virtual consultancy services for advice from healthcare experts without visiting clinics physically are some other factors driving revenue growth of the market.
The Global Home Healthcare Market report brings into light key market dynamics of the sector. This intelligence report includes investigations based on Current scenarios, Historical records, and Future predictions. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, diagrams, graphs, pie charts, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.
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The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Major Players/Manufacturers profiled in the report are:
McKesson Medical-Surgical, Inc., Fresenius Medical Care AG and Co., Medline Industries, Inc., AccentCare Inc., Kindred Healthcare, LLC., Amedisys Inc., LHC Group Inc., The 3M Company, Arkray, Inc., and Baxter International Inc.
Historical data available in the report elaborates on the development of the Home Healthcare on national, regional and international levels. Home Healthcare market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis.
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Some Key Highlights
- The diagnostic devices segment revenue is expected to register a substantially rapid revenue CAGR during the forecast period due to increasing demand for home-based self-diagnostic kits.
- The hospice & palliative care services segment is expected to register a robust revenue growth rate over the forecast period due to rise in aging population and rising incidences of life-threatening diseases among aging population.
- The North America market is expected to account for largest revenue share over the forecast period. This is due to robust presence of major market players, such as Amedisys Inc., Kindred Healthcare, LLC., Medline Industries, Inc., and AccentCare, Inc., in countries in this region.
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Emergen Research has segmented the global home healthcare market based on product, services, ailments, and region:
- Product Outlook (Revenue, USD Billion; 2018–2028)
- Diagnostic Devices
- 1. Vital Sign Monitoring Devices
- 2. Weight Monitoring Devices
- 3. Glucose Monitoring Devices
- Health Maintenance Device
- 1. Geriatric Assistance Devices
- 2. Nutrition Management Devices
- 3. Air Quality Devices
- Locomotive Assistance Devices
- 1. Automated Wheelchair
- 2. Walking Assist Devices
- Home Pregnancy & Fertility Kits
- Drug Delivery Devices
- 1. Pumps
- 2. Syringes
- Dialysis Products
- 1. Continuous
- 2. Automated
- Respiratory Equipment
- 1. Ventilators
- 2. Nebulizers
- 3. Oxygen Therapy Equipment
- Services Outlook (Revenue, USD Billion; 2018–2028)
- Rehabilitation Services
- Infusion Therapy Services
- Unskilled Care Services
- Respiratory Therapy Services
- Pregnancy Care Services
- Skilled Nursing Services
- Hospice & Palliative Care Services
Using secondary sources such as company websites, annual reports, press releases, financial data, investor presentations, articles, news, white papers, certified publications, and government publishing sources as a starting point for the research methodology used to estimate and forecast the size of the Global Home Healthcare Market. In addition, the research takes into account vendor offers in order to categorise the market.
Using this data, the research then calculates the size of the global Home Healthcare market using a bottom-up approach. Primary research included thorough interviews with senior executives, chief executive officers, and directors, as well as vice presidents (VPs) and managers to determine the size of the market. These categories and sub-segments were then confirmed and validated by secondary research. Data triangulation processes are then used to complete the total market engineering process and arrive at precise statistics for all segments and sub-segments
Major Regions Covered in the Home Healthcare Market Report:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
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Key Reasons to Buy This Report:
- The report presents a thorough examination of the Home Healthcare market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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