openPR Logo
Press release

Canada Home Healthcare Market to Reap Excessive Revenues by 2020

01-02-2018 11:05 AM CET | Health & Medicine

Press release from: Transparency Market Research

Canada Home Healthcare Market to Reap Excessive Revenues by 2020

Transparency Market Research has published a new report on the Canada home healthcare market. According to the report, The Canada Home Healthcare Market is expected to expand at an 8.90% CAGR from 2014 to 2020. The report, titled ‘Canada Home Healthcare Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,’ states that the market stood at US$10.45 bn in 2013 and is expected to reach US$18.94 bn by 2020 owing to the rising incidences of lifestyle and chronic diseases and the technical advantages in home healthcare services.

Request to View Brochure of Report -

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4898

The Canada home healthcare market comprises a wide range of home healthcare services and devices to support people with chronic diseases. The prevalence and risk of chronic diseases are continually rising in Canada. This has led to the increasing acceptance of home healthcare services as hospital stays can be both expensive and inconvenient. The changing demographics in Canada are further expected to propel the Canada home healthcare market in the years to come. As per recent statistics, in Canada, there were around 5 million people aged over 60 years in 2011 and the number is predicted to reach 10.4 million in the next 25 years. Chronic diseases are more likely to be detected in elderly people. As the pool of aging people is expected to increase in Canada, the number of people affected by chronic diseases is expected to increase, thus benefiting the Canada home healthcare market.

The Canada home healthcare market is segmented on the basis of region, service, and device type. By device type, the Canada home healthcare market is classified into diagnostics and monitoring devices, home mobility assist devices, home healthcare devices, and medical supplies. In 2013, the diagnostics and monitoring devices segment held a share of 30% in the Canada home healthcare market. The Canada government is constantly taking efforts to spread awareness among people about various chronic diseases and illnesses such as hypertension, sleep apnea, and diabetes. Over the past few years, people have thus become aware of the benefits of home healthcare devices for the management of chronic diseases.

Request to View Sample of Report -

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4898

Factors such as challenging regulatory restrictions and the lack of training to operate home healthcare devices are expected to restrict the growth of the Canada home healthcare market in the years to come. However, the constantly rising disposable income, the rising pool of patients with chronic diseases, the development of home healthcare technologies, and the untapped market are some of the factors expected to propel the Canada home healthcare market in the years to come.

By service, the Canada home healthcare market is classified into telehealth and telemedicine, rehabilitation, infusion therapy, unskilled home healthcare, and respiratory therapy services. In 2013, the Canada home healthcare market was dominated by the unskilled home healthcare services owing to the rising geriatric population and the rising uptake of nonprofessional home healthcare services. The telehealth and telemedicine segment is expected to expand at an 11.0% CAGR from 2014 to 2020.

Based on region, the Canada home healthcare market is divided into Quebec, Ontario, Alberta, and Rest of Canada. In 2013, the Canada home healthcare market was dominated by Ontario owing to favorable government policies towards various home healthcare services. Johnson & Johnson, 3M Healthcare, We Care Health Services, Home Care Ontario, Omron Healthcare, GM Healthcare, and The Canadian Home Care Association are some of the key companies operating in the Canada home healthcare market.

Purchase this Report @

https://www.transparencymarketresearch.com/checkout.php?rep_id=4898<ype=S

About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Canada Home Healthcare Market to Reap Excessive Revenues by 2020 here

News-ID: 881169 • Views: 113

More Releases from Transparency Market Research

Global Waste to Energy Market is Presumed to be Valued at US$ 32 Bn by 2026
Overview TMR’s report on the Waste-to-energy Technologies Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Waste-to-energy Technologies Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Waste-to-energy Technologies Market over the forecast period.
FPSO Market is Likely to Reach a Value of US$ 66 Bn by 2026
Overview TMR’s report on the FPSO Vessels and Equipments Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the FPSO Vessels and Equipments Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the FPSO Vessels and
Recycled Plastic & Plastic Waste to Oil Market Demand and Growth Analysis with F …
Overview TMR’s report on the Recycled Plastics & Plastic Waste to Oil Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Recycled Plastics & Plastic Waste to Oil Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely
Chlorinated Paraffins Market – Size will Observe Lucrative Surge by the End202 …
Overview TMR’s report on the Chlorinated Paraffin Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Chlorinated Paraffin Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Chlorinated Paraffin Market over the forecast period.

All 5 Releases


More Releases for Canada

Employee Benefits in Canada 2018
The Canadian social security system covers various programs, many of which are run by the country's provinces and territories. In general, benefits are similar across all provinces and territories; however, Quebec implements its own pension plan. The government provides financial support to provincial and territorial governments through four main transfer programs-the Canada Health Transfer (CHT), the Canada Social Transfer (CST), and Equalization and Territorial Formula Financing (TFF)-to help them provide
CBF Management, Canada
'''CBF Management''' is the doing-business-as name of CBF Management/CBF and currently a non-franchisor selling and supporting post construction cleaning services, janitorial, commercial, residential, and floor care services through the [[Canada]], and 2 other countries using the “CBF Management” trademarks and systems to commercial services. Company History and Key Dates *2006 – CBF Management Company founded in Vancouver, British Columbia, as a floor care company by Harpreet Sandhu, a former track athlete. *2008 –
Jewellery Market in Canada
Summary This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Jewellery in Canada Market. Description Producers of fine jewellery brands continue to invest and expand across Canada, bringing more competition. In late 2016, David Yurman introduced its high jewellery collection at Holt Renfrew in Vancouver, featuring by-appointment-only pieces. It also aims to open more outlets in luxury
Medium & Heavy Trucks in Canada
ReportsWorldwide has announced the addition of a new report title Medium & Heavy Trucks in Canada to its growing collection of premium market research reports. Medium & Heavy Trucks in Canada industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the
Agrochemicals Market in Canada
ReportsWorldwide has announced the addition of a new report title Canada: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Canada: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
Consumer Payments Country Snapshot: Canada
ReportsWorldwide has announced the addition of a new report title Consumer Payments Country Snapshot: Canada 2016 to its growing collection of premium market research reports. In spite of being a highly mature market, Canada provides increasing opportunities for digital and mobile payment providers to develop innovation. Canada is a developed payment card market due to its robust economy and high level of card penetration. While the market has a high level