Home Health Care Future Market Trends Competition, Growth and Forecast 2025

The report provides forecast and analysis of the North American home healthcare market. It provides market overview of North American home healthcare market in terms of revenue (in US$ Mn). Furthermore, the report includes drivers, restraints, trends and opportunities specific to the North American region in home healthcare market and their impact analysis on each country is carried out during the forecast period.

Home healthcare provides care to homebound individuals who are ill, injured and this requires skilled nursing services. Governments have encouraged these services due to the benefits of this service like to provide skilled services to treat a patient-2019s illness or injury for a finite and predictable period of time. Technological advancements in various healthcare products, increasing awareness on home healthcare coupled with the factors such as rising aging population and increasing chronic diseases are enhancing the market growth.

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The home healthcare market is significantly fragmented owing to the presence of large number of global and regional level vendors. Regional level vendors are emphasizing on targeting limited number of regions and offering specific set of products and services matching the customer requirements.

Segmentation:

The North American home healthcare Market Analysis and Forecasts to 2025 can be segmented into device type, services, and countries. Based on the device type, the market is categorized into diagnostics & monitoring devices, therapeutic home healthcare devices, mobility assist & medical supplies devices. The North American market is further segmented into US, Canada, Mexico and Rest of North American region. In 2017, diagnostic & monitoring devices followed by medical supplies dominated the market in revenue and is expected to continue its dominance during the forecast period. In the coming years, medical supplies segment is expected to grow at the rapid pace in the forecast period. Conversely, the home mobility assists devices product segment held a smaller share of the global home healthcare market in 2017.

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Global North America Home Healthcare Market Major Players List:

• 3M
• Invacare Corporation
• Johnson & Johnson
• Philips Healthcare
• Medtronic PLC
• Omron healthcare co., ltd.
• Cardinal Health, Inc.
• Kinetic Concepts
• Abbott Laboratories
• GE Healthcare

Regional Overview:

North American home healthcare is significantly influenced by Federal policies specifically Medicare. The market has been witnessing significant growth over the past few years owing to rise of older age group population and people with disabilities. Home healthcare being one of the cost effectiveness solutions for delivering care, there is growing interest for these services among older Americans and people with disabilities, thus resulting for demand of home healthcare market.

Home healthcare services are gaining momentum in the recent years especially in the emerging economies of North American region owing to the spreading awareness from the developed economies such as U.S. and Canada. Home healthcare services are helping baby boomers of North American region with activities of daily living including bathing, dressing, and eating and also in assistance during cooking, cleaning, other housekeeping, and monitoring one 2019 medication routine. As per WHO publications, world population with age of over 60 years will be doubled from 12% to 22% by 2050 out of which U.S. accounts for over 20% of the total population of age 65 years and above.

Major TOC Contents

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: North America Home Healthcare Market – Market Dynamics

• Drivers
• Restraints
• Opportunities

Chapter 4: North America Healthcare Market – By Product Type

• Diagnostics & Monitoring Devices
• Therapeutics Home Healthcare Devices
• Home Mobility Assist Devices
• Medical Supplies
•

Chapter 5: North America Healthcare Market – By Services

• Rehabilitation Services
• Telehealth & Telemedicine Services
• Infusion Therapy Services
• Respiratory Therapy Services
• Unskilled Home Healthcare Services

TOC to be continued.

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