Home Healthcare Market By Component and Major Players Include B. Braun Melsungen AG, Almost Family Inc., Abbott Laboratories, 3M Health Care, Sunrise Medical Inc., Baxter, Cardinal Health Inc., Medtronic, National Healthcare crop., Air Liquide

Industry Trend Analysis
The global home healthcare market was evaluated around USD 195.55 billion in the 2012 and is expected to reach approximately USD 459.53 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 8.92% over the forecast period. Increasing treatment price is amongst the biggest areas of concern for health organizations and government, and these organizations are determined to control rising healthcare expenditure. Home healthcare is a cost-effective option as compared to costly hospital stays. These services assist to save cost considerably, therefore, expected to act as high impact delivering factor for the global home healthcare industry. Rising workforce concerning to these services interprets the growing home healthcare services demand. According to the statistics released by the United States Bureau of Labor Statistics, the position of home care and personal care aids are projected to rise approximately 13.0 million by the end of 2020, which interprets to around 70.0% boost from 2010. Rising aged population is amongst the major driving factor for the profitable growth of the global market. This population is inclined towards the chronic illnesses which need long-term care. Hence, home healthcare presents best potential option rendering inexpensive quality care. The founding and maintenance of healthcare centers and other settings are investment demanding in nature and involve huge investments concerning operational expenses and capital. Thus, healthcare providers are now penetrating the rapidly emerging home healthcare market with the help of mergers and acquisitions in order to gain benefit from the existing opportunities and restrain expenditure.

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Component Outlook and Trend Analysis
In 2015, diagnostics equipment reported for over 35.0% of the total home healthcare equipment industry, and is anticipated to achieve market share around the projected period, due to rising occurrence of cardiovascular, cardiopulmonary and diabetes diseases, also enhanced awareness levels among patients, rising incidence of long-term diseases demanding continuous diagnosis and elevated application rates of fertility and pregnancy tests and BP monitors. In 2015, rehabilitation services reported for around 50.0% of the global home healthcare service market mostly due to rising geriatric population and increasing occurrence rates of surgical procedures concerning to trauma. On the other hand, owing to increasing demand for parenteral and enteral nutrition, infusion therapy is anticipated to achieve market share over the forecast years.

Regional Outlook and Trend Analysis
North American regional market held the major revenue share in 2015 at around 40.0% due to the existence of advance healthcare infrastructure, elevated awareness levels among patient along with moderately higher medical spending levels in this region. Asia Pacific regional market is expected to witness beneficial growth during the forecast years. Developing economy rectifies to develop infrastructure, high unfulfilled requirements of massive population and accessibility skilled labor likely to administer the development of the region.

Competitive Outlook and Trend Analysis
The major market players in global home healthcare market include B. Braun Melsungen AG, Almost Family Inc., Abbott Laboratories, 3M Health Care, Sunrise Medical Inc., Baxter, Cardinal Health Inc., Medtronic, National Healthcare crop., Air Liquide, Roche diagnostics corp., Arcadia Health Care, Omron Healthcare Inc., Bayer AG, Nxstage Medical, Inc., Apria healthcare group, Arkray Inc., Odyssey Healthcare Inc., Critical Homecare, Becton, Dickinson and Company, and Amedisys, Inc. These market players are engaged in a variety of strategic initiatives like collaborations, regional expansion, mergers and acquisitions, service range expansion.

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The global home healthcare market is segmented as follows –
By Component
Equipment
Therapeutic
Home Respiratory Equipment
Insulin Delivery Device
Home IV Pumps
Home Dialysis Equipment
Other Therapeutic Equipment

Diagnostic
Diabetic Care Unit
BP Monitors
Multi Parameter Diagnostic Monitors
Home Pregnancy and Fertility Kits
Other Self-Monitoring Equipment
Apnea and Sleep Monitors
Holter Monitors
Heart Rate Maters
Other

Mobility Assist
Wheel Chair
Home Medical Furniture
Walking Assist Devices
Services
Rehabilitation Services
Unskilled Home Care
Respiratory Therapy Services
Infusion Therapy Services
Telemetry

By Region
North America
U.S
Canada
Mexico

Europe
Germany
France
UK
Italy
Spain
Rest of Europe

Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific

Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others

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Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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