According to a market report published by Lucintel, the future of the home healthcare market looks promising with opportunities in the testing, screening, and monitoring, therapeutic, and mobility care. The global home healthcare market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are rising incidence of chronic diseases, technological advancements, increasing healthcare costs and the growing need for affordable treatment options, and government initiatives to promote home healthcare.
In this market, blood pressure monitors, blood glucose monitors, pulse oximeters, heart rate monitors, fetal monitoring devices, cholesterol monitoring devices, ECG/EKG devices, ventilators, walkers and rollators, wheelchairs are the major product segments.
Within this market, rehabilitation, infusion therapy, unskilled care, respiratory therapy, pregnancy care, hospice and palliative care are the major services. Infusion therapy expected to witness highest growth in the forecast period due to technological advancements and cost-effectiveness.
North America will remain the largest market over the forecast period due to advanced medical infrastructure, high mindfulness among patients, and relatively higher human services consumption in the region.
Fresenius, GE Healthcare, Linde Group, Mckesson, Roche, A&D Company, Bayada Home Health Care, Almost Family, Abbott Laboratories, Amedisys, Kindred Healthcare, Kinnser Software, LHC Group, Omron, and Philips are among the major manufacturers of home healthcare market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global home healthcare market by application, product, service, software, type, and region. Lucintel has prepared a comprehensive research report entitled "Global Home Healthcare Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global home healthcare market by applications, product, service, software, type, and region as follows:
By Applications [$M shipment analysis for 2013 – 2024]:
Testing, Screening, and Monitoring
Therapeutic
Mobility Care
By Product [$M shipment analysis for 2013 – 2024]:
Blood Pressure Monitors
Blood Glucose Monitors
Pulse Oximeters
Heart Rate Monitors
Fetal Monitoring Devices
Cholesterol Monitoring Devices
ECG/EKG Devices
Ventilators
Walkers and Rollators
Wheelchairs
By Service [$M shipment analysis for 2013 – 2024]:
Rehabilitation
Infusion Therapy
Unskilled Care
Respiratory Therapy
Pregnancy Care
Skilled Nursing
Hospice and Palliative Care
By Software [$M shipment analysis for 2013 – 2024]:
Agency Software
Clinical Management Systems
Hospice Solutions
By Type [$M shipment analysis for 2013 – 2024]:
Home Telehealth Monitoring Devices
Home Telehealth Services
Telehealth Software Solutions
By Region [$M shipment analysis for 2013 – 2024]:
United States
Canada
Mexico
United kingdom
Germany
France
Italy
Spain
This research report of more than 150 pages will enable you to make confident
business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.
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