Press release
Health Caregiving Market: Segment Snapshot and Table of Content (2016-2024)
Health Caregiving Market
Persistence Market Research’s report, titled “Health Caregiving Market: Global Industry Analysis & Forecast, 2016-2024,” estimates that increasing presence of nuclear families, that were instrumented by the popularity of “DINK” trend (Double Income, No Kids), has turned out to be a key factor driving the demand for health caregiving services. These services are being used for taking care of toddlers in families with both parents working, while consanguineal or extended families are also opting for health caregivers to take care of their aged family members at home.
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The global Health Caregiving Market is segmented on the basis of Care Type, product type, end user and region.
Assistance in daily essential activities can be clubbed up to be identified as a key type of health caregiving service being utilized in the world. According to the report, nearly three-fourth of global health caregiving revenues will continue to be accounted by services availed for seeking assistance in daily essential activities. Meanwhile, health caregiving services that provide health & safety awareness and improve “quality of life” are anticipated to contribute more than US$ 30 billion worth of global revenues by the end of 2024. However, health caregiving services availed for social well-being will continue to lose traction in 2016 and beyond, registering a revenue growth at the lowest CAGR – 11.9%.
A segmental analysis of global health caregiving market on the basis of end-users has predicted that by the end of 2024, geriatric population will account for nearly one-third of the global market revenues. The world’s disabled population will be attributing to global health caregiving revenues worth over US$ 50 billion over the forecast period. In 2016, more than US$ 16 billion revenues were amassed from health caregiving services availed for neonatal & pediatric population, rendering infants and toddlers as prominent end-users of health caregiving services.
North America is predicted to be the world’s largest market for health caregiving services. In 2016 and beyond, North America will contribute with more than 50% of global revenues, registering a 15.3% CAGR.
Companies such as Seniorlink, Inc., GreatCall, UnaliWear Inc., Cariloop, Inc., HomeHero Inc., Hometeam, and Honor Technology Inc., are leading providers of health caregiving services in the world, and are all based in the US.
Asia-Pacific’s health caregiving market is being forecasted to reach market value of an estimated US$ 14,756.3 million by the end of 2024.
Demand for health caregiving services in Latin America and the Middle East & Africa (MEA) region is projected to grow at a comparatively sluggish pace.
Europe, on the other hand, is likely to be the fastest-growing regional market for health caregiving services during the forecast period.
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Summary of Table of Content
1. Executive Summary
2. Introduction
3. Market Analysis Scenario
4. Market Dynamics
5. Global Health Caregiving Market Analysis, By Care Type
6. Global Health Caregiving Market Analysis, By End User
7. Global Health Caregiving Market Analysis, By Region
8. North America Health Caregiving Market Analysis
9. Europe Health Caregiving Market Analysis
10. APAC Health Caregiving Market Analysis
11. Latin America Health Caregiving Market Analysis
12. Middle East & Africa Health Caregiving Market Analysis
13. Competitive Landscape
Request to Browse Full Table of Content, figure and Tables @ https://www.persistencemarketresearch.com/market-research/health-caregiving-market/toc
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
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