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The study segments the Home Healthcare industry in light of major classification such as product type, potential markets, application, and end-user.
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Home Healthcare Market To Reach USD 482.97 Billion By 2026
Market Summary Increasing number of lifestyle disorders and chronic diseases across the world, along with high levels of medical development across the globe will drive the market at a high CAGR during the forecast period. Market Size- USD 260.95 Billion in 2018, Market Growth- CAGR of 7.9%, Market trends- rise in chronic diseases worldwide is boosting the global home healthcare market, Asia Pacific expected to register the highest CAGR during the forecast period According to the current analysis of Reports and Data, the global home healthcare market was valued at USD 260.95 Billion in 2018 and is expected to reach USD 482.97 Billion by year 2026, at a CAGR of 7.9%. The market for home healthcare is growing out of critical customer needs. Not common a few years back and still unheard in many small towns of the world, this is an industry that has grown from its nascent to the advanced stages very rapidly. Home healthcare as a market can be divided into several segments and sub-segments today. It includes services ranging from unskilled care to skilled nursing. The product range is also very wide, and so is the scope and need for specializations. www.reportsanddata.com
Further key findings from the report suggest • Increasing number of trauma and drug abuse cases are multiplying the need of rehabilitation services, both in the general and home healthcare market. These services accounted for almost 50% of all home healthcare services in 2018. • North America has the leading share in the home healthcare industry chiefly because of the converging trends of their ageing population, rise in the number and cases of chronic diseases and technological advancements • Asia Pacific region will witness the highest CAGR during the forecast period on account of cost advantages, rise in the numbers of the ailing population and an increased need of delivery-based healthcare. 10% of healthcare investment in R&D is expected by 2019 • China and India are expected to witness a huge surge in this market, as the market value is expected to double itself in India shortly. As more number of elderly population is expected to be residing in China and Asia Pacific region by 2050 along with that increased healthcare spending and the government of India planning to increase public health spending 2.5% of GDP by 2025. • By product type, Diagnostics occupies the largest market share and is also expected to grow at the highest CAGR of 8.4% during the forecast period. • Latin America and Middle East and Africa will also be showing an average growth of around 6.9% till 2026. As in Latin America the healthcare cost is considerably low • More competitive home healthcare workforce payment, improved trainings, better delivery systems and a broader use of telehealth are some pointers recommended to establish a firm in this industry.
Market Summary Key Players: American Well (USA), CarePredict (USA), Emerald (USA), A&D (Japan), Philips Healthcare (Netherlands), Roche (Switzerland), Omron (Japan). Segmentation: For the purpose of this study, Reports and Data have segmented the Home Healthcare market by Type, by Product, by Software and by Region: Type •Home Telehealth Monitoring •Home Telehealth Services •Telehealth Software Solutions To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/2025 www.reportsanddata.com
Market Summary Product •Diagnostic •Therapeutic •Mobility Care Software •Agency Software •Clinical Management Systems •Hospice Solutions Region •North America •Europe •Asia Pacific •Middle East and Africa •Latin America Grab Your Report at an Impressive Discount! Please Click Here : https://www.reportsanddata.com/discount-enquiry-form/2025 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com
