Health

A Recent Study Says Home Healthcare Market Size Will Make a Huge Impact in near Future

The Global Home Healthcare Market Report overview covering key drivers and latest development. The report evaluates the competitive shares, historic trends, strategic direction of the Leading Players.

Global Home Healthcare Market to Reach USD 469.3 Billion By 2025.

Global Home Healthcare Market is valued at USD 239 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 8.80 % over the forecast period 2018-2025. Major trend for the global home healthcare market is increasing prevalence of chronic diseases. Since, homecare for health offers personal care of chronic infectious and is very common and comfortable for the aging population. As a result, the adoption of home care would increase thereby, aiding the growth of the market across the forecast period.

The regional analysis of Home Healthcare Market Covers:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • ROW

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North America dominates the home healthcare market owing to the well-established medical infrastructure along with the increasing healthcare expenditure. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific region is witnessed owing to government efforts to improve healthcare infrastructure and unmet medical needs in emerging economies. As a result, the adoption of home healthcare would increase across Asia-Pacific region over the forecast period.

The leading market players include-

  • GE Healthcare
  • Omron
  • Mckesson
  • Roche
  • A&D Company
  • Bayada Home Health Care
  • Philips
  • Abbott Laboratories
  • Amedisys
  • Kindred Healthcare

The detailed segments and sub-segment of the market are explained below:

By Product

  • Testing, Screening, & Monitoring Products
  • Therapeutic Products
  • Home Healthcare Mobility Care Products

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By Service:

  • Skilled Nursing Services
  • Rehabilitation Therapy Services
  • Hospice and Palliative Care Services
  • Unskilled Care Services
  • Respiratory Therapy Services
  • Infusion Therapy Services
  • Pregnancy Care services

By Software:

  • Agency Software
  • Clinical Management systems
  • Hospice solutions

By Type of telehealth solution:

  • Home telehealth software
  • Home Telehealth services
  • Home telehealth monitoring devices

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Sumedh Raj

Sumedh is a content marketing coordinator and social media manager for The Innovative Reports and Market Research Analyst. Sumedh holds a Bachelor's Degree in Communications and Public Relations from University of Pune and offers many years of experience in various forms of writing. Some of her favorite hobbies include exploring new music, creative writing and spending time with his dogs.

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