Press release
Canada Home Healthcare Market to Reach US$18.94 bn due to Rising Prevalence of Chronic Diseases
Obtain the Future Forecast of Home Healthcare Market in Canada at: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4898
The Canada home healthcare market is segmented on the basis of region, service, and device type. By device type, the Canada home healthcare market is classified into diagnostics and monitoring devices, home mobility assist devices, home healthcare devices, and medical supplies. In 2013, the diagnostics and monitoring devices segment held a share of 30% in the Canada home healthcare market. The Canada government is constantly taking efforts to spread awareness among people about various chronic diseases and illnesses such as hypertension, sleep apnea, and diabetes. Over the past few years, people have thus become aware of the benefits of home healthcare devices for the management of chronic diseases.
Factors such as challenging regulatory restrictions and the lack of training to operate home healthcare devices are expected to restrict the growth of the Canada home healthcare market in the years to come. However, the constantly rising disposable income, the rising pool of patients with chronic diseases, the development of home healthcare technologies, and the untapped market are some of the factors expected to propel the Canada home healthcare market in the years to come.
By service, the Canada home healthcare market is classified into telehealth and telemedicine, rehabilitation, infusion therapy, unskilled home healthcare, and respiratory therapy services. In 2013, the Canada home healthcare market was dominated by the unskilled home healthcare services owing to the rising geriatric population and the rising uptake of nonprofessional home healthcare services. The telehealth and telemedicine segment is expected to expand at an 11.0% CAGR from 2014 to 2020.
Based on region, the Canada home healthcare market is divided into Quebec, Ontario, Alberta, and Rest of Canada. In 2013, the Canada home healthcare market was dominated by Ontario owing to favorable government policies towards various home healthcare services. Johnson & Johnson, 3M Healthcare, We Care Health Services, Home Care Ontario, Omron Healthcare, GM Healthcare, and The Canadian Home Care Association are some of the key companies operating in the Canada home healthcare market.
Read the Present Market Status of Home Healthcare in Canada at: http://www.transparencymarketresearch.com/canada-home-healthcare-market.html
Key Segments of Canada Home Healthcare Market
Canada Home Healthcare Market, by Device Types
> Diagnostic and Monitoring Devices
> Therapeutic Home Healthcare Devices
> Home Mobility Assist Devices
> Medical Supplies
Canada Home Healthcare Market, by Services
> Rehabilitation Services
> Telehealth and Telemedicine Services
> Infusion Therapy Services
> Respiratory Therapy Services
> Unskilled Home Healthcare Services
Canada Home Healthcare Market, by Provinces
> Ontario
> Quebec
> Alberta
> Rest of Canada
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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