Home Healthcare Market Research Report 2019 – Global Size, Share, Trends, Historical Analysis, Growth Rate, Business Opportunities and Forecast By 2023
A new market study, titled “Home Healthcare Market Research Report – Forecast to 2023″ Upcoming Trends, Growth Drivers and Challenges” has been featured on MRFR.
pune, India – June 12, 2019 /MarketersMedia/ —
Market Analysis
The global home healthcare market is prognosticated to surpass USD 4,14,681.2 million at a staggering 8.5% CAGR over the assessment period (2017-2023). Home healthcare solutions help in collecting information from different records of patients for conjuring the overall picture of health comprising of sentiment data, lifestyle, medical, genetic and biological. It offers an array of services including skilled nursing, occupational therapy, speech therapy and physical therapy. Generally, the home care services are less expensive, extremely convenient for patients and equally effective to skilled nursing facility. Home health care’s ultimate goal is the treatment of the injury or disease in its entirety that aids the patient in regaining independence and becoming self-sufficient faster. Not only this, home healthcare also includes assisting senior or elderly citizens with day to day activities such as dressing, bathing, eating and also checking the medication routine. Under home healthcare the different professionals include home health aides, therapists and licensed nurses that work mostly for public health departments or home health agencies.
Free Sample “Home Healthcare Market Research Report – Forecast to 2023” report at https://www.marketresearchfuture.com/sample_request/2030
There are several factors that is propelling the growth of the home healthcare market. These factors according to MRFR (Market Research Future) report include improved patient outcome, cost efficiency, long term care, patient preferred settings, impactful and timely treatment, high quality, reduced medical errors, increasing cases of target diseases mainly Alzheimer’s and dementia and also orthopedic diseases, government initiatives that is encouraging home healthcare, technological advancements in healthcare and increasing geriatric population.
Segment Overview
The global home healthcare market is segmented by product, service, software, and region. Products in the market include therapeutic and testing, screening, and monitoring products. The former is sub-segmented into dialysis equipment, respiratory therapy equipment, IV equipment, insulin delivery devices, wound care products, and others. On the other hand, the latter is segmented into holter and event monitors, pulse oximeters & heart rate monitors, sleep apnea monitors, blood glucose monitors, blood pressure monitors, cholesterol monitoring devices, and others.
Software discussed in the report designed to alleviate patient and hospital troubles include hospice solutions, telehealth solution, agency software, and clinical management systems. Based on services, the market is segmented into skilled nursing services, unskilled care services, respiratory therapy services, rehabilitation therapy services, infusion therapy services, and pregnancy care services.
The segments covered in the report are analyzed with respect to four major regions – North America, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA), with respective country-level market sizing. The definition and advantages of “home healthcare” is outlined in the report for a comprehensive understanding of the market. The report discusses in detail the various players and their respective strategies to enhance their value chain.
Regional Analysis
The home healthcare market, by region, has been segmented into Americas, Europe, Asia Pacific, and the Middle East and Africa. Americas holds the major share of the global market and is poised to retain its pole position towards the end of the assessment period. The factors that are favoring the proliferation of the home healthcare market in the region include the consolidation of key players, increasing healthcare expenditure, the large-scale prevalence of chronic diseases, growing government initiatives, etc. The regional market encompasses North America and South America, out of which, North America’s home healthcare market is likely to exhibit a relatively higher growth rate over the next couple of years.
Europe has secured the second spot in the global home healthcare market. It is expected to grow substantially in the forthcoming years due to the presence of well-developed technologies and increasing support from government and private organizations for research & development.
Asia Pacific is projected to strike the highest CAGR over the assessment period. The growth-inducing factors supporting the regional home healthcare market include growing geriatric population, huge patient pool, and availability of skilled labor force. Meanwhile, the Middle East & Africa is prognosticated to account for the least share of the home healthcare market owing to the prevailing poor economic conditions, especially in the African region.
Competitive Analysis
The report identifies various key market players including Fresenius SE & Co KGaA (Germany), GE Healthcare (U.S.), F. Hoffmann-La Roche AG (Switzerland), Abbott (U.S.), B. Braun Melsungen AG (Germany), Koninklijke Philips N.V. (The Netherlands), 3M (U.S.), Medtronic PLC (U.S.), A&D Company (Japan), McKesson Corporation (U.S.), Kinnser Software (U.S.), Becton Dickinson Company (U.S.), Apple (U.S.), Omron Corporation (Japan), LG Electronics (South Korea), and others.
On Feb 2019, Air Liquide continued on its pursuit of developing its home healthcare activity in Europe with a big acquisition of Megamed AG and Sleep & Health SA, two historic market players who are based in Switzerland. This will help patients and healthcare professional’s needs to be addressed in a better manner.
Table Of Contents
1 Executive Summary
2 Market Introduction
2.1 Definition 18
2.2 Scope Of The Study 18
2.3 List Of Assumptions 19
2.4 Market Structure 19
2.5 Key Takeaways 20
2.6 Key Buying Criteria 20
3 Research Methodology
3.1 Primary Research Methodology 22
3.2 Secondary Research Methodology 23
3.3 Market Share Analysis 23
3.4 Trade Analysis 23
3.5 Market Pricing Approach 24
4 Market Impact Analysis
4.1 Porter’s Five Force Analysis 26
4.1.1 Bargaining Power Of Buyer 27
4.1.2 Bargaining Power Of Supplier 27
4.1.3 Threat From Substitute 27
4.1.4 Threat From A New Entrant 27
4.1.5 Intensity Of Competitive Rivalry 28
4.2 Value Chain Analysis 28
4.2.1 Device Manufacturers 28
4.2.2 App Developers 28
4.2.3 Network Providers/ Mobile Operators 29
4.2.4 Healthcare Providers And Pharmaceuticals 29
4.2.5 Patients 29
4.3 Pricing Analysis 29
4.3.1 Cost-Effectiveness And Patients’ Convenience Will Drive The Home Healthcare Market 29
4.4 Investment Opportunity Analysis 30
4.4.1 Continuous Increase In Lifestyle Disease Has Led To The Development Of Personalized Healthcare Solutions 30
5 Market Dynamics
5.1 Introduction 32
5.2 Drivers 33
5.2.1 Growing Geriatric Population 33
5.2.2 Rising Treatment Cost And Hospital Stay 34
5.2.3 Technological Advancements 35
5.3 Restraints 36
5.3.1 Patients Safety Concerns 36
5.4 Opportunities 37
5.4.1 Rising Prevalence Of Chronic Disorders 37
5.4.2 Improvement In Reimbursement Scenario 38
5.5 Mega Trends 39
5.5.1 Telemedicine 39
5.6 Macroeconomic Indicators 39
5.7 Technology Trends & Assessment 39
Read Complete Report @ https://www.marketresearchfuture.com/reports/home-healthcare-market-2030
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact Info:
Name: Reshu
Email: Send Email
Organization: Market Research Future
Address: WantStats Research and Media Pvt. Ltd. Office No. 528, Amanora Chambers
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/home-healthcare-market-2030
Source: MarketersMedia
Release ID: 523527
Copyright © 1999-2013 SproutNews.com
