Press release
Home Healthcare Market is Projected to Reach USD 384.19 Billion by 2030: Cognitive Market Research
Home Healthcare Market is Projected to Reach USD 384.19 Billion by 2030: Cognitive Market Research
Home healthcare refers to a wide range of medical and non-medical services that are provided to individuals in their homes. This kind of care can involve a range of services, including medical treatment, personal care, and companionship. It is often offered by healthcare professionals including nurses, therapists, and home health aides. Wound treatment, medication management, and monitoring of chronic illnesses like diabetes or heart disease are just a few examples of medical care that can be delivered at home. Assistance with daily living tasks like bathing, clothing, and grooming, as well as light cleaning and meal preparation, can all be considered non-medical care. For those who need ongoing medical care but would rather stay at home, home healthcare might be an alternative to hospital or nursing home care.
Summary:
As per the study of CMR, the Global Home Healthcare Market was valued at USD 218.65 Billion in 2022 and will reach USD 384.19 Billion by 2030 and is expected to grow at a CAGR of 7.3% during the forecast period (2023-2030).
To know more about The Home Healthcare Market statistics click here: https://www.cognitivemarketresearch.com/home-healthcare-market-report
Market Overview:
What is driving the global home healthcare market?
The growing elderly population, rising incidences of target diseases, and increasing incidence of chronic disease are the driving factors for the home healthcare market. According to, World Health Organization, 1 in 6 individuals worldwide will be 60 years of age or older by 2030. Governments and health organizations are working to reduce healthcare expenses because one of their top worries is the rising cost of treatments. An affordable alternative to an expensive hospital stay is home healthcare.
Furthermore, awareness about home care services and devices for different health conditions, and technological advancements are expected to create opportunities for the home healthcare market. However, the reimbursement policies for home healthcare services vary by country and region, and may not cover all services or may have limitations on the amount of reimbursement, which can limit access to care for patients, which can hamper the growth of the market.
Home Healthcare Market Segmentation:
Device Type:
• Therapeutics Home Healthcare Devices
• Diagnostic & Monitoring Home Devices
• Medical Supplies
• Home Mobility Assist Devices
Therapeutics Home Healthcare Devices include Nebulizers, Insulin Delivery Devices, IV Equipment, Ventilator & CPAP Devices, and Dialysis Equipment. Further, the Diagnostic & Monitoring Home Devices segment is bifurcated into Monitors
Blood Pressure Monitors, Temperature Monitors, Pregnancy Test Kits, Coagulation Monitors, Heart Rate Monitors, Sleep, Apnea Monitors, Pulse Oximeters, Pedometers, and Blood Glucose. In addition, the Home Mobility Assist Devices segment is categorized into, Cranes & Crutches, Wheelchairs, and Others.
Service:
• Telehealth and Telemedicine Services
• Rehabilitation Services
• Respiratory Therapy Services
• Infusion Therapy Services
• Unskilled Home Healthcare Services
Indication:
• Diabetes
• Cardiovascular Disorders & Hypertension
• Respiratory Diseases
• Mobility Disorders
• Pregnancy
• Wound Care
• Cancer
• Other
Competitive Analysis of the Home Healthcare Market: Abbott , Johnson Johnson , Omron Healthcare , Koninklijke Philips , Smiths Medical , B.Braun Melsungen , 3M Healthcare , AD Medicalealthcare Services , NX Stage , Roche Holdings , Interim Healthcare , Kindred Healthcare , BD
Get free sample pages of the latest published Home Healthcare Market Report: https://www.cognitivemarketresearch.com/home-healthcare-market-report#request_sample
Home Healthcare Market Regional Analysis:
The home healthcare market is dominated by North America. Some of the important variables include the region's sizable aging population, advanced healthcare infrastructure, and relatively higher levels of disposable income. Additionally, an expanding number of government programs designed to reduce healthcare costs by boosting home healthcare are also contributing to its significant market share. However, during the projection period, APAC is anticipated to develop at the greatest CAGR. The market for home healthcare is primarily driven by the region's aging population as well as the increased prevalence of chronic diseases among them.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Home Healthcare Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Home Healthcare Market Segmentation
1.5.1 Home Healthcare Market Regional Fragmentation
1.5.1 Home Healthcare Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Home Healthcare Market
• 3.1 Global Home Healthcare Market Size 2018 - 2030, (USD Million)
• 3.2 Global Home Healthcare Value, Absolute & Opportunity Analysis
• 3.3 Global Home Healthcare Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Home Healthcare Market Statistics 2022: Snapshot
Chapter 4 Global Home Healthcare Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Home Healthcare Market by Device Type Segmentation Analysis (2018-2030)
Chapter 10 Global Home Healthcare Market by Indication Segmentation Analysis (2018-2030)
Chapter 11 Global Home Healthcare Market by Service Segmentation Analysis (2018-2030)
Chapter 12 Global Home Healthcare Market Regional Analysis
Chapter 13 North America Home Healthcare Market Outlook (2018 - 2030)
Chapter 14 Europe Home Healthcare Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Home Healthcare Market Outlook (2018 - 2030)
Chapter 16 Latin America Home Healthcare Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Home Healthcare Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Home Healthcare Market TOC click here: https://www.cognitivemarketresearch.com/home-healthcare-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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