Home Health Care Market - Industry Analysis and Forecast upto 2024
Albany, NY -- (SBWIRE) -- 11/17/2016 -- The global home health care market is likely to exhibit impressive growth in the next few years. Home health care offers various services to patients in the comfort of their home. Home health care has been growing in popularity for the treatment of minor injuries and illnesses among patients, as it is less expensive and as effective as hospital-based medical care.
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In an increasingly mobile and independent world, health care services alone remain rooted in a professionally controlled and centralized setting. However, the paradigm change in consumer preference to avail quality services from the comforts of their home is necessitating decentralization of health care services to ensure convenience and care to patients. The market study presents insights into the emerging trends in the home health care market and discusses the factors fueling demand in the key market segments.
The report studies the global home healthcare market on the basis of the product, service, delivery mode, and the region. Based on product, the market has been categorized into mobility care products, testing, monitoring, and screening products, and therapeutic products. Among these, the demand for testing, monitoring, and screening products is rising significantly.
Further, the study has classified the mobility care products segment into cranes, crutches, walkers, mobility scooters, and wheelchairs. The testing, monitoring, and screening products segment has been classified into heart monitoring systems, peak flow meters, blood pressure monitors, pulse oximeters, HIV test kits, and ovulation and pregnancy kits. Oxygen delivery systems, ventilators, nebulizers, wound care products, inhalers, insulin delivery devices, and dialysis devices have been identified as the main therapeutic products available in the home healthcare market.
Based on service, the report has segmented the worldwide home healthcare market into rehabilitation services, infusion therapy services, unskilled care services, respiratory therapy services, pregnancy care services, skilled care services, and palliative care and hospice. The infusion services segment is likely to gain significant impetus from the increasing demand for these services over the forecast period.
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By delivery mode, the market has been categorized into cloud-based home healthcare, web-based home healthcare, and on-premise home healthcare. Among these, the cloud-based segment is projected to dominate the global market over the forecast period.
Region-wise, the report has segmented the global market for home healthcare into North America, Asia Pacific, Europe, and the Rest of the World.
A&D Co. Ltd., Apria Healthcare Group Inc., Almost Family Inc., Abbott Laboratories, Amedisys Inc., Fresenius Se & Co. KGaA, General Electric Co., Kindred Healthcare Inc., Kinnser Software Inc., LHC Group Inc., Linde Group, Mckesson Corp., Omron Corp., Philips Healthcare, and Roche are some of the key players operating in the home healthcare market, states the research report.