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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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 />
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Johnson & Johnson<br />
●<br />
Roche.<br />
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