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Home Healthcare market driven by older population, a high prevalence of chronic diseases

06-23-2022 08:47 AM CET | Health & Medicine

Press release from: Exactitude Consultancy

Demand Analysis of Home Healthcare Market Overview:

Home Healthcare Market is predicted to grow at a moderate CAGR of 9.0 % during the forecast period covering 2020 to 2029. Home Healthcare Market share is estimated to reach a value of nearly US$ 412.66 billion by 2029.

The "Home Healthcare Market" think about 2022, the industry landscape is secured from driving factors to upstream markets and the by and large state of the market. An in-depth examination of the by and large development prospects for the worldwide and regional market was given which was based on an in-depth investigation of key industry players, essential and secondary information.

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As the ageing population becomes more susceptible to chronic diseases, the demand for healthcare will rise, putting a significant strain on governments and health-care systems. This will benefit the home healthcare market, which can improve overall reach and access to healthcare while reducing unnecessary visits, hospital admissions and readmissions, and the time and costs associated with travelling to meet healthcare professionals.

Almost every country in the entire world is seeing an increase in the number and proportion of older people in their population. The world's population of people aged 65 and up totalled 703 million in 2019. The number of elderly people is expected to reach 1.5 billion by 2050. The proportion of the world's population aged 65 and up increased from 6% in 1990 to 9% in 2019. By 2050, that percentage is expected to rise to 16%, implying that one out of every six people on the planet will be 65 or older.

Industry Developments-

To increase their market position, these businesses have implemented a variety of growth tactics. These companies are using expansion, new product development, mergers and acquisitions, and collaboration as important growth strategies to improve their product portfolio and geographical presence in order to meet the rising demand from emerging economies.

Competitive and Segmentation Analysis-
As well as giving an outline of effective promoting procedures, market contributions, and later improvements of driving companies, the report moreover offers a dashboard diagram of driving companies' past and display execution. A few strategies and analyses are utilized within the inquire about report to supply in-depth and precise data approximately the Home Healthcare Market.

Market Growth Reports lists out all the Home Healthcare Market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:, Fresenius SE & Co. KGaA (Germany), GE Healthcare (US), Linde plc (Ireland), F. Hoffmann-La Roche Ltd (Switzerland), Amedisys (US), ResMed (US), and LHC Group, Inc. (US), and others.

Report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

Key Segments
Home Healthcare Market by Product, 2020-2029, (USD Million)

Homecare Diagnostic
Therapeutics
Mobility Care

Home Healthcare Market by Software, 2020-2029, (USD Million)

Agency Software
Clinical Management Systems
Hospice Solutions

Home Healthcare Market by Services, 2020-2029, (USD Million)

Rehabilitation
Infusion Therapy
Unskilled Care
Respiratory Therapy
Pregnancy Care
Skilled Nursing
Telemetry
Hospice & Palliative Care

Home Healthcare Market by Purposes, 2020-2029, (USD Million)

Chronic Diseases
Infectious Diseases
Psychological Diseases
Geriatric Diseases
Pediatric Diseases
Fertility Treatments & Pregnancy
Intensive & Critical Care
Injuries & Accidental Deformity
Nutrition & General Consultancy
Others

Home Healthcare Market by Type, 2020-2029, (USD Million)

Home Healthcare Monitoring
Home Healthcare Services
Home Healthcare Software Solutions

Detailed Table of Content

Introduction
Research Scope
Market Segmentation
Research Methodology and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Global Market Overview
Key Market Indicators
Emerging Market Trends
Macro and Micro Economic Factors
Production Process Analysis
Industry SWOT Analysis

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Global Home Healthcare Market, by Region

North America had the largest market share of 44 %, owing to advanced technology and healthcare research, as well as high-coverage insurance plans and reimbursement schemes. The United States contributes a large portion of the region's value due to factors such as early technological development, awareness of the home-based possibility of healthcare, massive investment in healthcare technology, the highest healthcare expenses per capita, greater availability of telehealth services, and the highest number of COVID-19 infected patient counts in the world.

North America (U.S., Canada, Mexico)
Europe (U.K., France, Germany, Spain, Italy, Central and Eastern Europe)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
Middle East and Africa (Turkey, GCC, Rest of Middle East)
Research Methodology-
Secondary research, primary research, subject matter expert assistance, quality check, and final review were the five phases of the research study on the Home Healthcare Market. Market statistics and coherent models were used to assess and forecast market data. Market shares and significant trends were also taken into account when preparing the research. Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis, and Vendor Share Analysis are some of the various data models available.

Highlights of Home Healthcare Market:

Market Expansion: Comprehensive information on the product portfolios of the top players in the Home Healthcare Market Size.

Product Development/Innovation: Detailed insights on the upcoming technologies, R and D activities, and product launches in the market

Evaluation of Competitors: depth assessment of the market strategies, geographic and business segments of the leading players in the market

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Diversification of the Market: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Home Healthcare Market.

Reasons to Purchase this Report

The most recent market developments, market shares, and strategies implemented by the major market players
The market segment that is expected to dominate, as well as the market segment with the highest CAGR throughout the forecast period
The current and future state of the global cryogenic equipment industry in developed and emerging markets
Regions/countries expected to have the fastest growth rates at some point during the forecast period

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EMAIL ADDRESS: sales@exactitudeconsultancy.com

About Us: Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

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