Home Healthcare Market Will Cross USD 391.41 Billion in 2021
Global home healthcare market to surpass $391.41 billion by 2021, at a CAGR of 9.40
Global home healthcare market to surpass $391.41 billion by 2021, at a CAGR of 9.40
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<strong>Home</strong> <strong>Healthcare</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research has published a new report titled “Global <strong>Home</strong> <strong>Healthcare</strong><br />
<strong>Market</strong> (Diagnostics and Monitor<strong>in</strong>g Devices, Therapeutic <strong>Home</strong> <strong>Healthcare</strong><br />
Devices, Mobility Assist Devices and Medical Supplies) and Services<br />
(Rehabilitation, Telehealth and Telemedic<strong>in</strong>e, Respiratory Therapy, Infusion<br />
Therapy and Unskilled <strong>Home</strong> <strong>Healthcare</strong> Services): Global Industry<br />
Perspective, Comprehensive Analysis and Forecast, 2015 – <strong>2021</strong>.” Accord<strong>in</strong>g to<br />
the report, global home healthcare market was valued at <strong>USD</strong> 228.90 billion <strong>in</strong> 2015<br />
and is expected to generate revenue of <strong>USD</strong> <strong>391.41</strong> billion by <strong>2021</strong>, grow<strong>in</strong>g at a CAGR<br />
of 9.40% between 2016 and <strong>2021</strong>.<br />
<strong>Home</strong> healthcare can be referred as home medical care or formal care. <strong>Home</strong> health<br />
care usually <strong>in</strong>volves help<strong>in</strong>g someone to recover from an illness or <strong>in</strong>jury and live<br />
<strong>in</strong>dependently for as long as possible. <strong>Home</strong> health care <strong>in</strong>cludes occupational and<br />
physical therapy and skilled nurs<strong>in</strong>g. It can also <strong>in</strong>volve help<strong>in</strong>g older adults with<br />
activities of daily liv<strong>in</strong>g, such as bath<strong>in</strong>g, dress<strong>in</strong>g, and eat<strong>in</strong>g. Further, it <strong>in</strong>volves<br />
assistance with cook<strong>in</strong>g, clean<strong>in</strong>g, other housekeep<strong>in</strong>g, and monitor<strong>in</strong>g one’s<br />
medication schedule. Entirely the aim of home healthcare is to treat an illness or <strong>in</strong>jury.<br />
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