New York, NY, April 21, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Home Healthcare Market By Product (Diagnostics and Monitoring Home Devices, Therapeutics Home Healthcare Devices, Home Mobility Assist Devices, and Medical Supplies), By Services (Rehabilitation Services, Telehealth, and Telemedicine Services, Infusion Therapy Services, Respiratory Therapy Services, and Unskilled Home Healthcare Services), By Software (Clinic Management Systems, Agency Management Software, and Hospice Solutions), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”.
“According to the research report, the global Home Healthcare Market was estimated at USD 281.10 Billion in 2019 and is expected to reach USD 454.34 Billion by 2026. The global Home Healthcare Market is expected to grow at a compound annual growth rate (CAGR) of 7.10% from 2019 to 2026”.
Home Healthcare Market: Key Market Insights Overview
The growing geriatric population has increased the prevalence of chronic diseases such as Alzheimer’s, dementia, and orthopedic conditions, thereby increasing the demand for the Home Healthcare market. In addition to this, the rising demand for value-based healthcare is expected to further fuel the growth of the market during the forecast period. Furthermore, the growing demand for more healthcare services and healthcare workers & agencies is anticipated to drive market growth. The Home Healthcare market is set to grow significantly owing to the rising demand for home health and personal healthcare aides in developed and developing countries. The complete or partial in-home service coverage by the government further helps augment the market growth. The demand for improved patient outcomes at a low cost is likely to propel the Home Healthcare market growth.
This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the Home Healthcare industry. The report analyzes and declares the historical and current trends analysis of the Home Healthcare industry and subsequently recommends the projected trends anticipated to be observed in the Home Healthcare market during the upcoming years.
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Our Free Sample Report Includes:
- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 195+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of table & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Key Questions Answered in this Report
1) What were the pre and post-business impacts of COVID-19 on the Home Healthcare Market?
2) What is the market size, share of the Home Healthcare Market?
3) Who are the top market players in Home Healthcare Market?
4) What will be the future market of the Home Healthcare Market?
Key Offerings:
- Market Size & Forecast by Revenue | 2020−2026
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by product, by types, end-user, applications, segments, and geography
- Competitive Landscape – Top key vendors and other prominent vendors
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Home Healthcare Market: Industry Major Market Players
- Air Liquide
- Amedisys
- Koninklijke Philips N.V.
- Arcadia
- Home Health Care Inc
- Davita Inc
- Diaverum
- Home Healthcare Solutions Company LLC
- National HealthCare Corporation and PORTEA MEDICAL
- Apple Home Healthcare
- Kindred Healthcare LLC
- LHC Group Inc.
- OMRON Corporation
- B. Braun Melsungen AG
- Air Liquide
- BPL Medical Technologies
- CARDINAL HEALTH and Sunrise Medical LLC
To know an additional revised 2020 list of market players, request a sample report: https://www.fnfresearch.com/sample/global-home-healthcare-market-by-product-diagnostics-and-791
Market Segment Dominance
- Therapeutic home healthcare devices category dominated the market
The therapeutics home healthcare devices hold the majority of the market share of the global Home Healthcare market during the forecast period. The increasing prevalence of chronic diseases such as Alzheimer’s disease, chronic or acute respiratory illnesses, end-stage renal disease (ESRD), and others have surged the demand for the latest device treatments. In addition to this, low-cost service charges are another factor propelling the demand for therapeutic home healthcare devices.
- Rehabilitation services are expected to lead the market during the forecast period
Rehabilitation services held the majority of the market share and are expected to expand during the forecast period due to the surging demand for skilled nurses providing rehabilitation services.
- Clinic management systems are projected to dominate the global Home Healthcare market
The clinic management systems are expected to lead in the software segment owing to their superior features such as providing in one solution for the agencies. On the other hand, the agency management software highest growth due to its high utilization in billing, roaster scheduling, maintaining records, patient remote monitoring, and associated with the business.
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Home Healthcare Market: Key Growth Factors
The growing geriatric population has increased the prevalence of chronic diseases such as Alzheimer’s, dementia, and orthopedic conditions, thereby increasing the demand for the Home Healthcare market. In addition to this, the rising demand for value-based healthcare is expected to further fuel the growth of the market during the forecast period. Furthermore, the growing demand for more healthcare services and healthcare workers & agencies is anticipated to drive market growth. The Home Healthcare market is set to grow significantly owing to the rising demand for home health and personal healthcare aides in developed and developing countries. The complete or partial in-home service coverage by the government further helps augment the market growth. The demand for improved patient outcomes at a low cost is likely to propel the Home Healthcare market growth.
The global Home Healthcare market research report delivers an acute valuation and taxonomy of the Home Healthcare industry by practically splitting the market on the basis of different products, software, and services, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Home Healthcare industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Home Healthcare industry is provided for the leading economies of the world.
The global Home Healthcare market is segmented based on Product, Software, and Services. By product, the global Home Healthcare market is segmented into Diagnostics and Monitoring Home Devices, Therapeutics Home Healthcare Devices, Home Mobility Assist Devices, and Medical Supplies. On the basis of services, the market is divided into Rehabilitation Services, Telehealth and Telemedicine Services, Infusion Therapy Services, Respiratory Therapy Services, and Unskilled Home Healthcare Services. In terms of software, the market for home healthcare is sectored (Clinic Management Systems, Agency Management Software, and Hospice Solutions.
Browse the full “Home Healthcare Market By Product (Diagnostics and Monitoring Home Devices, Therapeutics Home Healthcare Devices, Home Mobility Assist Devices, and Medical Supplies), By Services (Rehabilitation Services, Telehealth, and Telemedicine Services, Infusion Therapy Services, Respiratory Therapy Services, and Unskilled Home Healthcare Services), By Software (Clinic Management Systems, Agency Management Software, and Hospice Solutions), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” report at https://www.fnfresearch.com/global-home-healthcare-market-by-product-diagnostics-and-791
The taxonomy of the Home Healthcare industry by its scope and segmentation is as follows:
Global Home Healthcare Market: Product Segmentation Analysis
- Diagnostics and Monitoring Home Devices
- Therapeutics Home Healthcare Devices
- Home Mobility Assist Devices
- Medical Supplies
Global Home Healthcare Market: Services Segmentation Analysis
- Rehabilitation Services
- Telehealth and Telemedicine Services
- Infusion Therapy Services
- Respiratory Therapy Services
- Unskilled Home Healthcare Services
Global Home Healthcare Market: Software Segmentation Analysis
- Clinic Management Systems
- Agency Management Software
- Hospice Solutions
KEY REPORT POINTERS & HIGHLIGHTS:
- Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
- Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
- Micro, Meso, Macro, and In-Depth Analysis of Technically relevant and Commercially viable Segments and Sub-segments of the Market
- Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
- Historical and Current Demand (Consumption) and Supply (Production) Scenarios as well as Projected Supply-Demand Scenario Analysis
- Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
- Value Chain and Supply Chain Analysis along with Horizontal and Vertical Integration Scenarios
- Manufacturing and Production Cost Structure Analysis including Labor Cost, Raw Material Expenses, and Other Manufacturing Expenses, wherever relevant
- Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
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