Home Healthcare Market Size to Witness Huge Growth by 2026

The MarketWatch News Department was not involved in the creation of this content.

Nov 11, 2020 (Market Insight Reports) —
Selbyville, Delaware According to the research report titled ‘Home Healthcare Market Size, Trends, & Industry Analysis Report By Component Type, By Region: Segment Forecast, 2018 – 2026’, available with Market Study Report LLC, global home healthcare market is anticipated to grow with 8.3% CAGR during 2018-2026 and reach a valuation of USD 447.6 billion by the end of forecast period.

Expanding geriatric population, rising number of healthcare workers, escalating demand for home healthcare, and spike in cases of chronic diseases that require long term care are driving global home healthcare market growth.

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/1868584/?utm_source=Marketwatch.com&utm_medium=AN

Moreover, increasing mergers and acquisitions among manufacturers to extend their presence in untapped markets is positively impacting the business landscape. However, high cost of the service providers is expected to restrain global home healthcare market growth in coming years.

Based on component type, global home healthcare market is segmented into service, rehabilitation, and equipment. Among these, the equipment segment is further fragmented into diagnostics, therapeutics, and mobility assist. Further, the service segment is classified into respiratory therapy service, unskilled home care, rehabilitation, infusion therapy service, and telemetry.

From a regional point of reference, global home healthcare market size spans across Europe, Latin America, North America, Asia-Pacific, and MEA. Among these, North America currently accounts for majority market share owing to rising geriatric population that necessitated the demand for home care services.

Whereas, Asia Pacific home healthcare industry is likely to rapid witness expansion during the forecast period mainly due to growing awareness and investments for home healthcare services in emerging nations.

Key players influencing global home healthcare market trends are GE Healthcare Systems, Philips Healthcare (Koninklijke Philips N.V.), Amedisys, Inc., McKesson Corporation, A&D Company Limited, Roche Holding AG, BAYADA Home Health Care, Linde Corporation, Almost Family Personal Care, Abbott Laboratories, Omron Healthcare, Inc., Portea Medical, A&D Company, Limited, Kindred Healthcare, LLC, LHC Group, Inc., Fresenius Group, and Kinnser Software, Inc.

Question & Answer: Global home healthcare market

Question 1: What are the key factors driving the growth of global home healthcare market?

Answer: Expanding geriatric population, rising number of healthcare workers, escalating demand for home healthcare, and spike in cases of chronic diseases that require long term care are driving global home healthcare market growth.

Question 2: Why is North America home healthcare market witnessing constant expansion?

Answer: Rising geriatric population that need home care services is fueling the expansion of North America home healthcare market.

Question 3: Which companies formulate the competitive spectrum of global home healthcare market?

Answer: GE Healthcare Systems, Philips Healthcare (Koninklijke Philips N.V.), Amedisys, Inc., McKesson Corporation, A&D Company Limited, Roche Holding AG, BAYADA Home Health Care, Linde Corporation, Almost Family Personal Care, Abbott Laboratories, Omron Healthcare, Inc., Portea Medical, A&D Company, Limited, Kindred Healthcare, LLC, LHC Group, Inc., Fresenius Group, and Kinnser Software, Inc. are the major companies in global home healthcare market.

Complete Report At: https://www.marketstudyreport.com/reports/home-healthcare-market-size-trends-industry-analysis-report-by-component-type-equipment-mobility-assist-therapeutic-diagnostics-service-infusion-therapy-services-telemetry-respiratory-therapy-service-rehabilitation-unskilled-home-care-by-region-segment-forecast-2018-2026?utm_source=Marketwatch.com&utm_medium=AN

About Us:

Market Study Report, LLC. is a hub for market intelligence products and services.

We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.

Our customers partner with Market Study Report, LLC. to ease their search and evaluation of market intelligence products and services and in turn focus on their company’s core activities.

If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, LLC. is the platform that can help you in achieving any of these objectives.

Contact Us:

Market Study Report LLC

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: [email protected]

Website: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog

This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on [email protected]

COMTEX_374269920/2599/2020-11-11T00:50:33

Is there a problem with this press release? Contact the source provider Comtex at [email protected] You can also contact MarketWatch Customer Service via our Customer Center.

The MarketWatch News Department was not involved in the creation of this content.

Source Article