The Global Home Healthcare Market will grow at 12.5% CAGR from 2020 to 2026, as per the latest market research report titled Global Home Healthcare Market (By Type- Home Telehealth Monitoring, Home Telehealth Services, By Product- Diagnostic, Therapeutic, and Mobility Care. By Services- Rehabilitation, Infusion Therapy, Unskilled Care, Respiratory Therapy, Pregnancy Care, Skilled Nursing, Telemetry, Hospice and Palliative Care, and Others. By Software- Agency Software, Clinical Management Systems, Hospice Solutions. By Geography-North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa)– Global industry analysis, size, share, growth, trends, and forecast, 2019-2026, by Sheer Analytics & Insights Pvt. Ltd.
Home Healthcare is the most preferred option by the patients due to the increasing healthcare cost and rising geriatric population. It significantly offers a range of services, such as physical therapy, occupational therapy, and skilled nursing. The digitalization of the health services made it easy for the patients to connect with physicians and get a diagnosis at home. Moreover, technological advancements in diagnosis, other healthcare equipment, and government encouragement for home healthcare services are anticipated to bolster the market growth of home healthcare in the future.
Additionally, increasing demand for testing, monitoring, mobility care products, screening, and therapeutic products may boost the home healthcare market in the forecast period. However, patient safety concerns and limited insurance coverage are some of the factors that can hinder the market growth up to some extent. Apart from this, increasing Focus on Telehealth, and unexplored regions in developing economies is expected to offer a lucrative opportunity for the home healthcare market in the future forecast from 2020 to 2026.
Geographically, The Home Healthcare Market is divided into global regions like Europe, North America, Asia- Pacific, Latin America, Middle East, and Africa.
The primary key players in the Home Healthcare market include Philips Healthcare, Kindred Healthcare, Linde Group, Almost Family Inc., Abbott Laboratories, LHC Group, Amedisys, Fresenius, Omron, McKesson, BAYADA Home Health Care, Kinnser Software, Inc., Hoffmann-La Roche AG, Medtronic PLC, Bayer AG, 3M Health Care, Dickinson and Company, and Cardinal Health Inc.
Global Home Healthcare Market Has Been Segmented Into:
Global Home Healthcare Market: By Type
Global Home Healthcare Market: By Product
Global Home Healthcare Market: By Services
Global Home Healthcare Market: By Software
Global Home Healthcare Market: By Region
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