|04-21-2017 06:54 PM CET - Health & Medicine||
Canada Home Healthcare Market Expected to Reach US$18,939.9 Million by 2020 - due to Rising Prevalence of Chronic Diseases
Press release from: Canada Home Healthcare Market
ResearchMoz added Latest Research Report titled " Canada Home Healthcare Market (By Device Types - Diagnostics and Monitoring Devices, Therapeutic Home Healthcare Devices, Mobility Assist Devices and Medical Supplies; By Services - Rehabilitation, Telehealth and Telemedicine, Respiratory Therapy, Infusion Therapy and Unskilled Home Healthcare Services) - Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 " to it's Large Report database.
The Home Health Care Market includes a wide range of medical devices and services that are used by patients to treat, diagnose, and monitor a variety of chronic diseases. These devices and services play an important role in providing cost-effective health care to the patients. The home health care market offers lucrative business opportunities in Canada due to increased acceptance of home health care, technological advancements, and cost-effective alternatives compared to other modalities (i.e. hospital visits). Factors such as aging population and increasing number of people diagnosed with chronic diseases such as diabetes, cardiac disorders, and respiratory diseases are driving the growth of the home health care market in Canada. The Public Health Agency of Canada estimated that three individuals out of five in Canada (aged 20 years and above) suffer from chronic diseases such as diabetes, cancer, mental illness, and cardiovascular diseases, and four out of five are at risk of developing chronic conditions.
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Moreover, several organizations, such as the Commission on Accreditation of Rehabilitation Facilities Canada, offer accreditation programs to the home care service providers to improve their home care business operation and quality of patient care, which in turn would contribute to the growth of the market. Other factors fueling the growth of the home health care market are aging population, rising government spending on home care services, and cost effectiveness However, the high cost of professional health care services and home medical devices is likely to restrain market growth.
This report encompasses a detailed study of various home medical devices and home health care services in Canada. Home health care devices have been segmented into diagnostic and monitoring devices, therapeutic devices, home mobility assist devices, and medical supplies. The diagnostic and monitoring devices segment includes blood glucose monitors, blood pressure monitors, sleep apnea monitors, pregnancy test kits, pulse oximeters, heart rate monitors, temperature monitors, pedometers, and coagulation monitors.
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Table of Content
Chapter 1 Introduction
1.1 Report Description
1.2 Market Segmentation
1.3 Research Methodology
184.108.40.206 Secondary research
220.127.116.11 Primary research
1.4 List of Abbreviations
Chapter 2 Executive Summary
2.1 Market Snapshot: Canada Home Health Care Market (2013 & 2020)
2.2 Canada Home Health Care Market, by Device Type, 2013 (USD Million)
2.3 Canada Home Health Care Market, by Services, 2013 (USD Million)
2.3.1 Comparative Analysis: Canada Home Health Care Market, by Province, 2013 and 2020 (Value %)
Chapter 3 Market Overview
3.2 Market Dynamics
3.2.1 Market Drivers
18.104.22.168 Increasing incidences of chronic and lifestyle diseases
22.214.171.124 Technological advancements and new health care services would attract new customers
126.96.36.199 Changing demographics supports growth of the home health care market in Canada
188.8.131.52.1 Percentage change in the population of 65 years and over in Canada: 2001 – 2061
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