Home Healthcare Market growth, business opportunities, share value, key insights and size estimation by 2031

Global Home Healthcare Market report from Global Insight Services is the single authoritative source of intelligence on Home Healthcare Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Rapid growth in the elderly population and the rising incidence of chronic diseases, as well as the growing need for cost-effective healthcare delivery due to rising medical costs and technological advancements in home care devices, have all contributed to the development of Home Healthcare.

The patient-centered approach of the home healthcare market, as well as additional benefits such as improved patient outcomes, long-term care, cost efficiency, the elimination of unnecessary hospitalization, and the rising tendency to use home health care, are expected to drive market expansion.

COVID-19 Impact Analysis:

On the home healthcare market, the COVID-19 pandemic has had a mixed impact. Since the home healthcare market is made up of both items and services, each has its own set of effects. COVID-19 has improved the market for a variety of home healthcare monitoring devices, including blood glucose monitors, blood pressure monitors, pulse oximeters, and temperature monitors.

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Key Trends and Drivers:

  • Since the aging population is more prone to chronic diseases, it will increase the demand for healthcare and place a considerable burden on governments and health systems.
  • Due to an increase in the prevalence of chronic disorders such as infectious diseases, diabetes, arthritis, cardiopulmonary, and cardiovascular conditions, which require continuous monitoring for efficient treatment, the diagnostic segment is expected to generate the most significant revenue over the forecast period.

Segmentation:

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 Indication:

  • Cardiovascular Disorders & Hypertension
  • Diabetes
  • Respiratory Diseases
  • Pregnancy
  • Mobility Disorders
  • Hearing Disorders
  • Cancer
  • Wound Care

By Product:

  • Respiratory Therapy Equipment
  • Insulin Delivery Devices
  • Home IV Pumps
  • Home Dialysis Equipment
  • Diagnostic

Key Companies:

  • Medline Industries, Inc.
  • 3M Healthcare
  • ConvaTec Group PLC
  • McKesson Medical-Surgical Inc.
  • Braun Melsungen AG
  • Molnlycke Health Care
  • Hollister Inc.
  • Fresenius
  • Abbott

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