Press release
Covid19 Impact on Home Healthcare Market 2020- Trends, Technology Growth, Top 10 Companies, Demand and Forecast to 2023
Home healthcare refers to healthcare services provided to patients within the confines of their home. These services include skilled nursing, occupational therapy, speech therapy, physical therapy among others. It is also known as in-home care, domiciliary care, and social care. The global home healthcare market report by Market Research Future (MRFR) enlightens readers on the latest trends, new technologies, and drivers engulfing the market.
Get Latest Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/2030
The global home healthcare market is estimated to reach a value of significance by exhibiting a CAGR of 8.1% from 2017 to 2023 (forecast period). The expanding numbers of the geriatric populace and exorbitant healthcare costs are factors expected to drive the demand for home healthcare in the coming years. According to the World Health Organization (WHO), the sexagenarian populace can expand by 22% till 2050. Integration of medical connected technologies which can provide bed-ridden patients can provide the market a much-needed impetus. The seamless connectivity with which patients can attain doctor appointments and diagnosis via telemedicine can fuel the home healthcare market growth till 2023.
Technological advances in the healthcare sector as well as stringent regulations by federal agencies have sparked innovation among home healthcare providers. For instance, the launch of wireless solutions by Philips for senior citizens to call on nurses for assistance is a forward step in assisted living care. Introduction of novel payment models such as the Patient-Driven Groupings Model (PGDM) will lead to home healthcare service providers being flexible in their offerings to cater to patient needs.
However, concerns pertaining to patient safety due to a paucity of skilled nursing personnel and others can pose a challenge to the market growth.
Home Healthcare Market Segmentation
The global Home Healthcare Market is segmented by product, service, and software.
By product, it is segmented into therapeutic products and testing, screening, & monitoring products. IV equipment, respiratory therapy equipment, dialysis equipment, insulin delivery devices, wound care products, and others are segments within the therapeutic products segment. Whereas, the testing, screening, & monitoring products segment is sub-segmented into blood glucose monitors, blood pressure monitors, Holter and event monitors, pulse oximeters & heart rate monitors, cholesterol monitoring devices, sleep apnea monitors and others.
By service, it is segmented into infusion therapy services, pregnancy care services, rehabilitation therapy services, respiratory therapy services, unskilled care services, and skilled nursing services.
By software, it is segmented into hospice solutions, telehealth solution, agency software, and clinical management systems.
Home Healthcare Market Regional Analysis
The Middle East & Africa (MEA), Europe, Asia Pacific (APAC), and the Americas are the main regions of focus in the global home healthcare market report.
The Americas are expected to be the dominant region within the market till 2023, with North America facilitating maximum growth. Large number of service providers and the immense healthcare expenditure allocated by countries for the welfare of citizens are drivers of the market in the region. Healthcare providers are assisting patients via telemedicine and remote patient technology to improve patient outcomes.
Europe has the second rank among the regions due to government support and private funding into research and development activities. The APAC region can display a strong CAGR of 8.7% due to the large patient pool and the expanding aging populace. Lastly, the MEA region has the lowest market share due to the presence of nations with low economic conditions.
Home Healthcare Market Competition Outlook
Apple, Koninklijke Philips N.V., 3M, Omron Corporation, Becton Dickinson Company, Kinnser Software, F. Hoffmann-La Roche AG, LG Electronics, Medtronic PLC, Abbott, McKesson Corporation, A&D Company, Fresenius SE & Co KGaA, B. Braun Melsungen AG, GE Healthcare, and others are prominent names in the global home healthcare market.
Industry News
Dignity Health, a U.S. based healthcare provider firm, have made arrangements for their customers for tackling energy issues during public safety power shutoffs. The company is being proactive in its efforts by providing additional equipment or ensuring the existing stock does not affect the daily life of patients during blackouts.
OBTAIN RESEARCH REPORT DETAILS WITH TOC @ https://www.marketresearchfuture.com/reports/home-healthcare-market-2030
Contact:
Akash Anand
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Covid19 Impact on Home Healthcare Market 2020- Trends, Technology Growth, Top 10 Companies, Demand and Forecast to 2023 here
News-ID: 2091339 • Views: …
More Releases from Market Research Future
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years.
Market Overview and Size
The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in…
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends.
Get Sample @ https://www.marketresearchfuture.com/sample_request/41217
Market Size and Growth
The global washable…
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and…
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview:
The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical…
More Releases for Health
Health Coach Market Positioned for Accelerated Growth with Iora Health, Virta He …
Global health coach market is estimated to be valued at USD 18.83 Bn in 2025 and is expected to reach USD 30.65 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.2% from 2025 to 2032.
Latest Report on the Health Coach Market 2025-2032, focuses on a comprehensive analysis of the current and future prospects of the Health Coach Market industry. An in-depth analysis of historical trends, future trends,…
Digital Therapeutics Market Research 2025 Leading Key Players - Proteus Digital …
An exclusive Digital Therapeutics Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Digital Therapeutics Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report…
Digital Therapeutics Market Outlook 2025 : Proteus Digital Health, Omada Health, …
ReportsWeb.com has announced the addition of the “Global Digital Therapeutics Market Size, Status and Forecast 2025” The report focuses on major leading players with information such as company profiles, product picture and specification.
This report studies the global Digital Therapeutics market, analyzes and researches the Digital Therapeutics development status and forecast in United States, EU, Japan, China, India and Southeast Asia.
This report focuses on the top players in global market,…
Digital Therapeutics Market Outlook to 2025 - Propeller Health, CANARY HEALTH, N …
The global digital therapeutics market is segmented on the basis of application, distribution channel, and geography. The application segment includes, respiratory diseases, central nervous system disease, smoking cessation, medication adherence, cardiovascular diseases, musculoskeletal diseases, and other applications. Based on distribution channel, the digital therapeutics market is segmented as, B2B and B2C.
Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and…
Digital Therapeutics Market Analysis 2018 | Growth by Top Companies: Proteus Dig …
Global Digital Therapeutics Market to 2025
This report "Digital Therapeutics Market Analysis to 2025" provides an in-depth insight of medical device industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis.
Digital therapeutics, a subset of digital health, is a health discipline and treatment option that utilizes a digital and often online health technologies to treat a medical or psychological condition. The treatment relies on behavioral and…
Digital Therapeutics Market Global Outlook to 2025 - Proteus Digital Health, Wel …
“Digital Therapeutics Market" covers a detailed research on the industry with financial analysis of the major players. The report provides key information and detailed study relating to the industry along with the Economic Impact and Regulatory and Market Support. The report examines the industry synopsis, strategic investments, Industry Surveys, Economic Impact, etc.
The market of digital therapeutics market is anticipated to grow with a significant rate in the coming years, owing…
