Press release
Middle East and Africa Home Healthcare Market Size, Scope, Insight, Research, Technology, Diagnosis ,Demand, & Global Industry analysis
Middle East and Africa Home Healthcare Market was USD 99,236.36 million in 2021, would rocket up to USD 189193.01 million by 2029, and is expected to undergo a CAGR of 8.4% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework. The growth of the market is attributed to some of the key driving factors such as increasing preference for home healthcare settings in developing nations and rising focus on telehealth. However, limited insurance coverage and patient safety concerns hinder the growth of the market to a certain extent.Home healthcare encompasses a wide range of healthcare services provided for managing illnesses at home. Growing support from the government to encourage establishment of home care settings by encouraging the launch of product required for home care settings are the prominent factors supporting the growth of the home healthcare market in the Middle East and Africa. Hospital-at-home initiatives hospital-at-home programs that confer flexibility to hospitals to provide their patients with hospital-level care in their homes. The concept of home healthcare in countries such as Saudi Arabia and the UAE are still in the early growth phase. Moreover, various strategies adopted by the home care setting industry players, including product launches, collaborations, and innovations, are accelerating the market growth. Health systems are adopting telehealth as a tool to extend care at homes to improve outcomes and lower treatment costs. This is encouraging the introduction of more portable and affordable home healthcare devices. Apart from this, increasing partnerships in service providers is further propelling the growth of the market.
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