Home Healthcare Market Outlook to 2025 - Fresenius Kabi AG, The Linde Group, F. Hoffmann-La Roche Ltd, OMRON, Almost Family, LHC Group, Inc.,General Electric Company, Koninklijke Philips N.V., Abbott, McKesson Corporation
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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Profiles of Key Home Healthcare Companies
1. General Electric Company
2. Koninklijke Philips N.V.
4. McKesson Corporation
5. Fresenius Kabi AG
6. The Linde Group
7. F. Hoffmann-La Roche Ltd
9. Almost Family
10. LHC Group, Inc.
The 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.
Home healthcare market 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.
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.
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.
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The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
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