Global Home Healthcare Market - Opportunity Analysis, 2025
According to the National Centers for Caregiving estimates in 2015, the number of individuals using paid long-term care services in settings including home, residential care such as assisted living, or skilled nursing facilities is likely double from the 13 million in 2005, expected to 27 million people in 2050 due to the influenced growth in the population of older people in need of care. The shift of healthcare delivery from traditional clinical settings, increasing adoption of telecommunication services, affordable healthcare delivery systems, and the technological advancements are the major factors attributed to the growth of global home healthcare market. Also, the replacement of expensive hospital stays with the cost effective home healthcare is anticipated to serve as high impact rendering driver. Additionally, the factors driving the growth of global healthcare market include the rising prevalence of chronic diseases, rising aging population, the government initiatives to promote home healthcare, and increasing healthcare costs. However, limited insurance coverage, changing reimbursement policies and patient safety concerns are the factors to restrict the growth of global home healthcare market.
According to the National Centers for Caregiving estimates in 2015, the number of individuals using paid long-term care services in settings including home, residential care such as assisted living, or skilled nursing facilities is likely double from the 13 million in 2005, expected to 27 million people in 2050 due to the influenced growth in the population of older people in need of care. The shift of healthcare delivery from traditional clinical settings, increasing adoption of telecommunication services, affordable healthcare delivery systems, and the technological advancements are the major factors attributed to the growth of global home healthcare market. Also, the replacement of expensive hospital stays with the cost effective home healthcare is anticipated to serve as high impact rendering driver. Additionally, the factors driving the growth of global healthcare market include the rising prevalence of chronic diseases, rising aging population, the government initiatives to promote home healthcare, and increasing healthcare costs. However, limited insurance coverage, changing reimbursement policies and patient safety concerns are the factors to restrict the growth of global home healthcare market.
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<strong>Global</strong> <strong>Home</strong> <strong>Healthcare</strong> <strong>Market</strong> -<br />
GLOBAL INDUSTRY INSIGHTS, TRENDS,<br />
OUTLOOK, AND OPPORTUNITY ANALYSIS, 2017-<br />
<strong>2025</strong><br />
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REPORT DESCRIPTION<br />
<strong>Global</strong> <strong>Home</strong> <strong>Healthcare</strong> <strong>Market</strong> – Overview<br />
<strong>Home</strong> <strong>Healthcare</strong> offers a wide range of healthcare services given from home for the treatment of disease or injury. The diverse<br />
industry includes infusion services, home skilled nursing and physical therapy and is often referred as home medical care. The<br />
home care services are usually less expensive, highly convenient to the patients, equally effective to the hospital care units or<br />
skilled nursing facility. The ultimate goal of home health care is the complete treatment of the disease or injury which helps the<br />
patient regain independence and become self-sufficient faster. <strong>Home</strong> healthcare also involves helping senior citizens with daily<br />
activities like bathing, dressing, eating including monitoring the medication routine. The home health care professionals are<br />
licensed practical nurses, therapists, and home health aides, mostly working for home health agencies or public health<br />
departments.<br />
According to the National Centers for Caregiving estimates in 2015, the number of individuals using paid long-term care<br />
services in settings including home, residential care such as assisted living, or skilled nursing facilities is likely double from the<br />
13 million in 2005, expected to 27 million people in 2050 due to the influenced growth in the population of older people in need<br />
of care. The shift of healthcare delivery from traditional clinical settings, increasing adoption of telecommunication services,<br />
affordable healthcare delivery systems, and the technological advancements are the major factors attributed to the growth of<br />
global home healthcare market. Also, the replacement of expensive hospital stays with the cost effective home healthcare is<br />
anticipated to serve as high impact rendering driver. Additionally, the factors driving the growth of global healthcare market<br />
include the rising prevalence of chronic diseases, rising aging population, the government initiatives to promote home<br />
healthcare, and increasing healthcare costs. However, limited insurance coverage, changing reimbursement policies and patient<br />
safety concerns are the factors to restrict the growth of global home healthcare market.<br />
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REPORT DESCRIPTION<br />
<strong>Global</strong> <strong>Home</strong> <strong>Healthcare</strong> <strong>Market</strong> Taxonomy:<br />
On the basis of products, the global home healthcare market is segmented into:<br />
Diagnostic<br />
Blood Pressure Monitors<br />
Blood Glucose Monitors<br />
Heart Rate Monitors<br />
Fetal Monitoring Devices<br />
Ovulation and Pregnancy Test Kits<br />
<strong>Home</strong> Hemoglobin A1c Test Kits<br />
HIV Test Kits<br />
Sleep Apnea Monitors<br />
Coagulation Monitors<br />
Pulse Oximeters<br />
Drug and Alcohol Test Kits<br />
Event and Holter Monitors<br />
Cholesterol Monitoring Devices<br />
Colon Cancer Test Kits<br />
Electrocardiography Devices<br />
Temperature Monitors<br />
Hearing Aids<br />
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REPORT DESCRIPTION<br />
<strong>Global</strong> <strong>Home</strong> <strong>Healthcare</strong> <strong>Market</strong> Taxonomy:<br />
Therapeutic<br />
Oxygen Delivery Systems<br />
Automated External Defibrillators<br />
Nebulizers<br />
Sleep Apnea Therapeutic Devices<br />
Wound Care Products<br />
Dialysis Equipment<br />
Insulin Delivery Devices<br />
External Stimulation Devices<br />
Mobility Assist<br />
Wheelchairs<br />
Canes<br />
Crutches<br />
Mobility Scooters<br />
Walkers<br />
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REPORT DESCRIPTION<br />
<strong>Global</strong> <strong>Home</strong> <strong>Healthcare</strong> <strong>Market</strong> Taxonomy:<br />
On the basis of service, the global home healthcare market is segmented into:<br />
Rehabilitation<br />
Infusion Therapy<br />
Respiratory Therapy<br />
Pregnancy Care<br />
Skilled Nursing<br />
Palliative Care<br />
On the basis of software, the global home healthcare market is segmented into:<br />
Agency Software<br />
Clinical Management Systems<br />
Hospice Solutions<br />
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REPORT DESCRIPTION<br />
<strong>Global</strong> <strong>Home</strong> <strong>Healthcare</strong> <strong>Market</strong>: Key Players<br />
Major players involved in the global home healthcare market include:<br />
●<br />
Omron <strong>Healthcare</strong><br />
●<br />
McKesson<br />
●<br />
Philips<br />
●<br />
Johnson & Johnson<br />
●<br />
Roche.<br />
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