Home Health Care Market Size, Share & Trends Analysis Report By Technology, By Product, By Application, And Segment Forecasts, 2022 - 2027 | Rotech Healthcare, Inc., Comfort Keepers, AccentCare, Inc.

The Home Health Care Market 2022 report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2022 to 2027. The structured analysis contains graphical as well as a diagrammatic representation of the global Home Health Care Market with its specific geographical regions.

The Global Home Health Care Market Size is Projected to Reach at a CAGR of 9% during 2022-2027.

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Market Overview

The primary factor attributing to the growth of the market is a steep rise in the elderly population across all the geographical locations and increased preference for treatment within the home care settings. For instance, according to the United Nations data of World Population Prospects for 2019, the number of people over the age of 65 would increase from 9% in 2019 to more than 16% of the total world's population by 2050. Thus, the rise in the volume of the target patient pool results in a higher demand for the market fueling the global home healthcare market growth over the forecast period.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report:

Rotech Healthcare, Inc., Comfort Keepers, AccentCare, Inc., HCR ManorCare, Apria, VITAS Healthcare, Lincare Holdings, PSA Healthcare, Amedisys, Inc., Franchise Companies, Intrepid USA, National HealthCare Corp., Home Instead, Senior Helpers, Maxim Healthcare, Kindred Healthcare Inc., BAYADA Home Health Care, Addus HealthCare, Inc., Visiting Angels, American HomePatient, Almost Family, Inc.

Recent Developments

In 2021, Invacare introduced the AVIVA STORM RX, a next-generation rear-wheel drive power wheelchair and next-generation Alber e-motion power assist device.
In 2021, Abbott's BinaxNOW COVID-19 rapid self-test kit requires no specialized instrument and can be used at home with a first-of-its-kind complementary app called NAVICA.
In 2021, BAYADA Home Health Care announced partnership with VCU Health System would strengthen in-home health and hospice care in the Richmond metropolitan area of the US.
In 2021, BAYADA Home Health Care announced partnership with Autism Society of Hawaii (US) new partnership would offer services throughout Hawaii for individuals with autism and other developmental disabilities at home, school, in the community, and in their centers.

Segmentation by type:

Products
Services
Solutions

Segmentation by application:

Testing, Screening, and Monitoring
Therapeutic
Mobility Care
Others

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North America Dominates the Market and Expected to do Same in the Forecast Period.

North America is expected to dominate the overall HHC market throughout the forecast period. Dominance is due to the growing prevalence of various chronic diseases, like coronary heart diseases, respiratory disorders, and diabetes, the presence of a huge elderly population with a rise in baby boomers during the forecast period in the United States, necessitating efficient treatment while managing the healthcare costs without facing financial penalties. For instance, according to the International Diabetes Federation in 2019, about 48 million adults in North America were living with diabetes, among which more than half of the patients were over the age of 65. 

The regions are further sub-divided into:

North America - US, Canada, and Mexico
Europe - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific - China, India, Japan, South Korea, Australia & Rest of APAC
Latin America - Brazil, Argentina, Peru, Chile & Rest of Latin America
The Middle East and Africa - Saudi Arabia, UAE, Israel, South Africa

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Highlights of the Home Health Care Market Report:

Detailed overview of Home Health Care Market
Changing the Home Health Care market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Home Health Care market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Home Health Care Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

Finally, the Home Health Care Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. Home Health Care industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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By Product Type, Applications & Growth Factors
Industry Status and Outlook for Major Applications / End Users / Usage Area

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