According to Stratistics MRC, the Global Home Healthcare market is expected to grow from $252.95 billion in 2016 to reach $494.78 billion by 2023 with a CAGR of 10.1%.
Gaithersburg, Maryland, United States – January 9, 2018 —
Growing global geriatric population, raising health diseases, and cost efficiency of home healthcare are some of the factors influencing the global market growth. In addition, innovative technologies and government policies towards promoting home healthcare are favoring the market growth. However, inadequate insurance coverage, and patient safety issues are the factors hampering the market growth.
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By Product, the testing, screening, and monitoring products segment is expected to account for the largest share of the home healthcare products market. The large share of this segment is attributed to the rising emphasis on preventive medicine and technological advancements. North America is expected to dominate the market followed by Europe. The large share of this geographical segment is attributed to factors such as converging trends of aging population, technological advancements, and rising incidence of chronic diseases.
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Some of the key players in global home healthcare market include Roche, Mckesson, Linde Group, GE Healthcare (Subsidiary of General Electric Company), Fresenius, A&D Company, Bayada Home Health Care, Almost Family, Abbott Laboratories, Philips, Omron, Kindred Healthcare, Amedisys, Kinnser Software and LHC Group.
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• Testing, Screening, & Monitoring Products
• Mobility Care
• Clinical Management Systems
• Hospice Solutions
• Agency Software
• Hospice and Palliative Care
• Infusion Therapy Services
• Pregnancy Care
• Rehabilitation Services
• Respiratory Therapy Services
• Skilled Nursing
• Unskilled Home Care
Delivery modes Covered:
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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