The global Home Healthcare market is predicted to reach 469.3 billion by 2017 and is projected to grow with a striking growth rate of 8.80% over the forecast period 2018-2025, divulges a latest research report presented by Big Market Research.
Major trend for the global home healthcare market is increasing prevalence of chronic diseases. Since, homecare for health offers personal care of chronic infectious and is very common and comfortable for the aging population. As a result, the adoption of home care would increase thereby, aiding the growth of the market across the forecast period.
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Increasing geriatric population is considered as a key driver for the global home healthcare market across the globe. Since elderly people prefer home healthcare as they are unable to travel to hospitals and clinics hence all the needed medication facilities are preferred at their homes. According to the Population Reference Bureau, in year 2016 the number of American aged 65 or more is approx. 46 million which is projected to become more than double and will reach approx. 98 million by the year 2060, share in the total population of the people aged 65 and older age group will rise approx. from 15% to 24 %. Similarly, the Office for National Statistics (United Kingdom) estimates, in 2016 the population of United Kingdom is 65.6 million and is projected to reach 74 million by 2039. In 2016, 18% of UK population were aged 65 and over and 2.4 % of population were aged 85 and over. As geriatric population is more prone to the aforementioned complex diseases hence, they require continuous critical care diagnosis and treatment, and thus are expected to contribute towards the market growth. However, changing reimbursement policies is expected to hinder the growth of the market during the forecast period.
This report is a professional and comprehensive research of the global Home Healthcare industry based on the major regional market situations, key driving factors, major competitors, and size & scope of the market. Firstly, the report introduces the Home Healthcare market basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials, and so on. The report also presents Porter’s Five Forces model, value chain analysis, and PEST analysis. Furthermore, the competitive scenario in different regions is outlined in the report to assist leading market players, new entrants, and stakeholders determine emerging economies.
Global Home Healthcare Market: Regional Segment Analysis
- North America– U.S., Canada
- Europe– UK, Germany.
- Asia Pacific– China, India, Japan
- Latin America– Brazil, Mexico, Rest of the World
The report also presents detailed information about the major players as well as some minor players of the Home Healthcare sector.
The Key Players mentioned in our report: GE Healthcare, Omron, Mckesson, Roche, A&D Company, Bayada Home Health Care, Philips, Abbott Laboratories, Amedisys, Kindred Healthcare
The research reveals the performance of each player active in the industry. In addition, the report offers an overview of recent developments of each player in the market. All these insights provided in the report are valuable to anyone interested in investing in the Home Healthcare industry. These insights may help them in determining the strength of their competitors and take the required steps to gain a dominant position in the industry.
Additionally, the research report delivers a complete analysis of the key segments of the Home Healthcare sector with the help of charts, graphs, and tables. An overview of each market segment such as type, application, and region are also provided in the report. Investors, stakeholders, product managers, marketing officials, and other professionals in search of detailed data on supply, demand, and future predictions would find the report beneficial.
This research report is prepared based on an in-depth analysis of the market by expert analysts. The insights provided in the report would help stakeholders determine investment suitability and market players to take hold of opportunities for partnerships, collaborations, and agreements.
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Table of Contents
Chapter 1. Global Home Healthcare Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.3. Market Estimation
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
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