Home Healthcare Market SWOT analysis & Key Business Strategies by leading industry Players (B. Braun Melsungen AG, Almost Family Inc., Abbott Laboratories, 3M Health Care, Sunrise Medical Inc., Baxter)

This study provides insights about the Home Healthcare Market in regards to its uses and benefits. We at Crystal Market Research (CMR) provide updated information that is beneficial in decision making regarding business investments.

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.

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.

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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.

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.

Major Points Covered in Table of Contents –

1. Introduction
2. Executive Summary
3. Market Overview
4. Home Healthcare Market, By Component
5. Home Healthcare Market, By Region
6. Company Profiles
6.1. Almost Family Inc.
6.1.1. Business Overview
6.1.2. Product Portfolio
6.1.3. Key Financials
6.1.4. Strategic Developments

6.2. B. Braun Melsungen AG
6.2.1. Business Overview
6.2.2. Product Portfolio
6.2.3. Key Financials
6.2.4. Strategic Developments

6.3. Abbott Laboratories
6.3.1. Business Overview
6.3.2. Product Portfolio
6.3.3. Key Financials
6.3.4. Strategic Developments
…

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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.

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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