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At 7.10% CAGR, Global Home Healthcare Market Size to Surpass USD 454.34 Billion by 2026 - Industry Trends, Share, Growth, Analysis & Forecast Report by Facts & Factors

11-16-2022 03:06 PM CET | Health & Medicine

Press release from: Facts & Factors

Home Healthcare Market

Home Healthcare Market

Findings from Facts and Factors report "Home Healthcare Market By Product (Diagnostics and Monitoring Home Devices, Therapeutics Home Healthcare Devices, Home Mobility Assist Devices, and Medical Supplies), By Services (Rehabilitation Services, Telehealth, and Telemedicine Services, Infusion Therapy Services, Respiratory Therapy Services, and Unskilled Home Healthcare Services), By Software (Clinic Management Systems, Agency Management Software, and Hospice Solutions), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global Home Healthcare market in 2019 was approximately USD 281.10 Billion. The market is expected to grow at a CAGR of 7.10% and is anticipated to reach around USD 454.34 Billion by 2026.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @https://www.fnfresearch.com/global-home-healthcare-market-by-product-diagnostics-and-791

Some of the key market players in the global Home Healthcare market include

Air Liquide, Amedisys
Koninklijke Philips N.V.
Arcadia
Home Health Care
Inc, Davita Inc
Diaverum
Home Healthcare Solutions Company
LLC
National HealthCare Corporation and PORTEA MEDICAL
Apple Home Healthcare
Kindred Healthcare
LLC
LHC Group, Inc.
OMRON Corporation
B. Braun Melsungen AG
Air Liquide
BPL Medical Technologies
CARDINAL HEALTH, and Sunrise Medical LLC, among others.

The growing geriatric population has increased the prevalence of chronic diseases such as Alzheimer's, dementia, and orthopedic conditions, thereby increasing the demand for the Home Healthcare market. In addition to this, the rising demand for value-based healthcare is expected to further fuel the growth of the market during the forecast period. Furthermore, the growing demand for more healthcare services and healthcare workers& agencies is anticipated to drive market growth. The Home Healthcare market is set to grow significantly owing to the rising demand for home health and personal healthcare aids in developed and developing countries. The complete or partial in-home service coverage by the government further helps augment the market growth. The demand for improved patient outcomes at a low cost is likely to propel the Home Healthcare market growth.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/sample/global-home-healthcare-market-by-product-diagnostics-and-791

Market Segment Dominance:

The therapeutic home healthcare devices category dominated the market
The therapeutics home healthcare devices hold the majority of the market share of the global Home Healthcare market during the forecast period. The increasing prevalence of chronic diseases such as Alzheimer's disease, chronic or acute respiratory illnesses, end-stage renal disease (ESRD), and others have surged the demand for the latest device treatments. In addition to this, low-cost service charges are another factor propelling the demand for therapeutic home healthcare devices.

Rehabilitation services are expected to lead the market during the forecast period
Rehabilitation services held the majority of the market share and are expected to expand during the forecast period due to the surging demand for skilled nurses providing rehabilitation services.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/inquiry/global-home-healthcare-market-by-product-diagnostics-and-791

Clinic management systems are projected to dominate the global Home Healthcare market

The clinic management systems are expected to lead in the software segment owing to their superior features such as providing all-in-one solutions for the agencies. On the other hand, the agency management software highest growth due to its high utilization in billing, roaster scheduling, maintaining records, patient remote monitoring, and associated with the business.

This report segments the global Home Healthcare market as follows:

Global Home Healthcare Market: Product Segmentation Analysis

Diagnostics and Monitoring Home Devices
Therapeutics Home Healthcare Devices
Home Mobility Assist Devices
Medical Supplies

Global Home Healthcare Market: Services Segmentation Analysis

Rehabilitation Services
Telehealth and Telemedicine Services
Infusion Therapy Services
Respiratory Therapy Services
Unskilled Home Healthcare Services

๐๐ž๐ž๐ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@https://www.fnfresearch.com/customization/global-home-healthcare-market-by-product-diagnostics-and-791

Global Home Healthcare Market: Software Segmentation Analysis

Clinic Management Systems
Agency Management Software
Hospice Solutions

Global Home Healthcare Market: Regional Segmentation Analysis

North America
The U.S.
Canada
Europe
Germany
The UK
France
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa

๐‘๐ž๐š๐ ๐›๐ฎ๐ฒ๐ง๐จ๐ฐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง@https://www.fnfresearch.com/buynow/su/global-home-healthcare-market-by-product-diagnostics-and-791

Facts & Factors
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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client's/customer's conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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