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Home Healthcare Market By Component – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030

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According to Report, the home healthcare market size is predicted to surpass around US$ 705.1 billion by 2030 from at US$ 350.0 billion in 2020, growing at a CAGR of 11.8% during the forecast period 2021 to 2030.

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Growth Factors

 This growth can be attributed to cost-efficiency, improved patient outcomes, and convenience offered by home healthcare agencies. In addition, the rising geriatric population and the growing prevalence of chronic diseases, such as Alzheimer’s, dementia, and orthopedic conditions, are expected to drive market growth. The growing geriatric population and rising incidence of target diseases, such as dementia and Alzheimer’s, as well as orthopedic diseases are factors expected to fuel the market growth.  Increasing treatment cost is one of the prime concerns for governments and health organizations, and hence they are striving to curb healthcare costs.

Report Coverage

Report Scope Details
Market Size USD 705.1 billion by 2030
Growth Rate CAGR of 11.8% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Component
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned McKesson Medical-Surgical, Inc.; Fresenius Medical Care; Medline Industries, Inc.; Medtronic PLC; 3M Healthcare; Baxter International, Inc.; B. Braun Melsungen AG; Arkray, Inc.; F. Hoffmann-La Roche AG; Becton, Dickinson And Company; Acelity L.P.; Hollister, Inc.; ConvaTec Group PLC; Molnlycke Health Care; Brookdale Senior Living, Inc.; Home Health Services Ltd.; Sunrise Carlisle, LP; Extendicare, Inc.; Care U.K. Limited; Senior Care Centers of America; Genesis Healthcare Corp.; Sompo Holdings, Inc.; Kindred Healthcare, Inc.; and Home Instead Senior Care, Inc.

Report Highlights

The services segment led the market with a revenue share of over 94% in 2020. The equipment segment, on the other hand, is estimated to register the fastest CAGR from 201 to 2028. The market by services is segmented into skilled home care and unskilled home care. The home healthcare equipment market is segmented into three major categories; diagnostic, therapeutic, and mobility assist. The therapeutic segment led the market in 2020 and will expand further at a steady CAGR over the forecast period.

Diagnostics accounted for approximately 39% of the overall home healthcare equipment market in 2020. It is expected to gain a lucrative share over the forecast period. North America accounted for the highest revenue share of 52.92% in 2020. The presence of a large geriatric population in this region, sophisticated healthcare infrastructure, and relatively higher disposable income levels are some of the key factors driving the growth.

Asia Pacific is estimated to be the fastest-growing regional market. Factors, such as underdeveloped healthcare infrastructure, expensive in-hospital healthcare facilities, and chronic diseases that require long-term care, are resulting in increasing adoption of home healthcare products and services.

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Key Players

  • Manufacturers
    • McKesson Medical-Surgical, Inc.
    • Fresenius Medical Care
    • Medline Industries, Inc.
    • Medtronic PLC
    • 3M Healthcare
    • Baxter International, Inc.
    • B. Braun Melsungen AG
    • Arkray, Inc.
    • F. Hoffmann-La Roche AG
    • Becton, Dickinson And Company
    • Acelity L.P.
    • Hollister, Inc.
    • ConvaTec Group PLC
    • Molnlycke Health Care
  • Service Providers
    • Brookdale Senior Living, Inc.
    • Home Health Services Ltd.
    • Sunrise Carlisle, LP
    • Extendicare, Inc.
    • Care U.K. Limited
    • Senior Care Centers of America
    • Genesis Healthcare Corp.
    • Sompo Holdings, Inc.
    • Kindred Healthcare, Inc.
    • Home Instead Senior Care, Inc.

Market Segmentation

  • Component
    • Equipment
      • Therapeutic
        • Home Respiratory Therapy Equipment
        • Insulin Delivery Devices
        • Home IV Pumps
        • Home Dialysis Equipment
        • Others
      • Diagnostic
        • Diabetic Care Unit
        • BP Monitors
        • Multi Para Diagnostic Monitors
        • Home Pregnancy & Fertility Kits
        • Apnea & Sleep Monitors
        • Holter Monitors
        • Heart Rate Monitors
        • Others
      • Mobility Assist
        • Wheelchair
        • Home Medical Furniture
        • Walking Assist Devices
    • Services
      • Skilled Home Healthcare Services
        • Physician Primary Care
        • Nursing Care
        • Physical/Occupational/Speech Therapy
        • Nutritional Support
        • Hospice & Palliative Care
        • Others
      • Unskilled Home Healthcare Services
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Russia
    • Asia Pacific
      • The Netherlands
      • China
      • Japan
      • India
      • Australia
      • Singapore
      • Malaysia
      • Thailand
      • Philippines
      • South Korea
    • Latin America
      • Brazil
      • Mexico
      • Argentina
    • Middle East & Africa (MEA)
      • South Africa
      • Saudi Arabia
      • Oman
      • UAE
      • Egypt

The Home Healthcare market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Home Healthcare market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Home Healthcare market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Home Healthcare market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Home Healthcare market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Home Healthcare capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Home Healthcare by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Home Healthcare market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Home Healthcare market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Home Healthcare market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Home Healthcare industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Home Healthcare market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Home Healthcare market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Home Healthcare market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Home Healthcare market. These factors have benefited the growth of the global market for Home Healthcare. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Home Healthcare. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

Buy this premium research report (US$ 3500), click here@ https://www.visionresearchreports.com/report/cart/38540 or call: +1 9197 992 333

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Steve Robber

My name is Steve Robber, I’m the Owner of Market Stats News. Steve has served in many positions at various organizations for the past seven years. Currently he is an Author at Finance.Yahoo. Contact us for a free news publication, we look forward to speaking with you!

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