As difficult or hard as it is to witness the number of people falling ill, the healthcare sector it has become lucrative over the last few years. Hospitals are mushrooming across the country owing to the growing need for healthcare facilities.
Home healthcare includes a wide range of healthcare services for injuries or illness as at homecare settings. The goal of the home healthcare is to treat injury and improve health outcomes for the patient. These services are more convenient and less expensive and are efficient for wound intravenous or nutrition therapy and monitoring serious illness and unstable health status of the patient.
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Growth of the global home healthcare market can be attributed to the increasing geriatric population and increasing incidences of chronic diseases across the globe. The other factors such as rising demand for affordable healthcare delivery systems due to the increasing healthcare cost, technological advancements, and government initiatives are likely to add novel opportunities for the global home healthcare market over the forecast period.
Some of the key players influencing the market are:-
General Electric Company, Philips, Abbott, McKesson Corporation, Fresenius Kabi, The Linde Group, Roche, OMRON, Almost Family, LHC Group, among others.
North America is expected to dominate the home healthcare market in the global arena due to increasing advancements in information technology and integration of healthcare with medical electronics in the region. However, the Asia-Pacific region is anticipated to show a significant growth rate over the next few years in the global home healthcare market due to rapidly incrementing healthcare costs that proportionally increasing the demand for affordable treatment options in the region.
“Global Home Healthcare Market Analysis to 2025” is a specialized and in-depth study of the healthcare industry with a focused global market trend. The report aims to provide an overview of global home healthcare market with detailed market segmentation by product, software, services, and geography. The global home healthcare market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
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On the basis of product, the market is segmented into home healthcare mobility care products, therapeutic products and testing, screening, & monitoring products and others. By software, the market is classified as hospice solutions, clinical management systems, agency software and others. Based on services, the home healthcare market is segmented into hospice and palliative care services, respiratory therapy services, infusion, therapy services, rehabilitation therapy services, skilled nursing services, pregnancy care services and unskilled care services and others.
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