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Home Healthcare Industry SWOT Analysis, Size, Share, Price, Trends and Growth Forecast to 2025

iCrowdNewswire   Feb 19, 2021  3:48 PM ET

Home Healthcare Industry


Global Home Healthcare market is expected to grow from $252.95 billion in 2016 to reach $494.78 billion by 2023 with a CAGR of 10.1%. Growing global geriatric population, raising health diseases, and cost efficiency of home healthcare are some of the factors influencing the global market growth. In addition, innovative technologies and government policies towards promoting home healthcare are favoring the market growth. However, inadequate insurance coverage, and patient safety issues are the factors hampering the market growth.

By Product, the testing, screening, and monitoring products segment is expected to account for the largest share of the home healthcare products market. The large share of this segment is attributed to the rising emphasis on preventive medicine and technological advancements. North America is expected to dominate the market followed by Europe. The large share of this geographical segment is attributed to factors such as converging trends of aging population, technological advancements, and rising incidence of chronic diseases.

Some of the key players in global home healthcare market include Roche, Mckesson, Linde Group, GE Healthcare (Subsidiary of General Electric Company), Fresenius, A&D Company, Bayada Home Health Care, Almost Family, Abbott Laboratories, Philips, Omron, Kindred Healthcare, Amedisys, Kinnser Software and LHC Group.

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Products Covered: 

• Therapeutic 
o Home Dialysis Equipment
o Home IV Pumps
o Home Respiratory Equipment
o Insulin Delivery Device
o Wound Care Products
o Other Therapeutic Products

• Testing, Screening, & Monitoring Products 
o Apnea and Sleep Monitors
o BP Monitors
o Diabetic Care Unit
o Heart Rate Maters
o Holter Monitors
o Home Pregnancy and Fertility Kits
o Multi Parameter Diagnostic Monitors
o Other Self-Monitoring Equipment

• Mobility Care 
o Ambulatory Assist Devices
o Home Medical Furniture
o Mobility Scooters
o Wheel Chair

Softwares Covered: 
• Clinical Management Systems
• Hospice Solutions
• Agency Software

Services Covered: 
• Hospice and Palliative Care
• Infusion Therapy Services
• Pregnancy Care
• Rehabilitation Services
• Respiratory Therapy Services
• Skilled Nursing
• Unskilled Home Care
• Telehealth
o Telehealth Software Solutions
o Home Telehealth Services
o Home Telehealth Monitoring Devices

Delivery modes Covered: 
• On-premise
• Cloud-based
• Web-based

Regional Description

The outlook of the Medical Specialty Bags market results on a regional level, thus covering major regions of North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The various contributors involved in the value chain of the Medical Specialty Bags market include manufacturers, suppliers, distributors, intermediaries, and customers.

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About the Author :

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

Contact Information:
Wiseguy Research Consultants
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Ph: +44 208 133 9349 (UK)

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