Global Home Healthcare Market to grow at a CAGR of 8.85% during the period 2016 - 2020; Finds New Report

Report forecast the Global Home Healthcare Market to grow at a CAGR of 8.85% during the period 2016-2020.

Home healthcare refers to a wide range of medical products (include heart rate monitors, blood glucose level indicators, and nebulizers), services, and solutions that provide health monitoring, treatment, and physical support to patients or customers at home. People do not need to visit a hospital or any other healthcare facility to benefit from these offerings; they can be accessed in the comfort of homes. The home healthcare market offers complete solutions that include the product as well as software and support from consultants and physicians.

The report covers the present scenario and the growth prospects of the Global Home Healthcare Market for 2016-2020.

The market is divided into the following segments based on geography:

• Americas
• APAC
• Europe
• MEA

According to the report, a key growth driver is the growing demand for affordable healthcare solutions. Since the early 2000s, the cost of healthcare has been steadily on the rise. In countries like the US, the healthcare cost rose faster than inflation during the last decade. In the US, the consumer price index inflation rate stood at an average of 2.04% during 2005-2015, whereas the healthcare inflation rate moved up to 3.62% during the same time period. This can be attributed to the increase in the prices of drugs, medical devices, and hospital services. These factors have led to the US population looking for more affordable healthcare solutions.

Further, the report states that one challenge that could hamper market growth is the complexity in pricing for home healthcare solutions.

Global Home Healthcare Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Home Healthcare Market 2016-2020: Johnson & Johnson, Omron Healthcare, Philips, McKesson, and Roche Holdings.

Other Prominent Vendors in the market are: A&D Company, Abbott, Almost Family, Apria Healthcare, eCaring, Fresenius, Gentiva Health Services, Interim Healthcare, Kindred Healthcare, Linde Healthcare, LHC Group, Kinnser Software, and Rotech Software.

Market driver

• Growing demand for affordable healthcare solutions
• For a full, detailed list, view our report

Market challenge

• Complexity in pricing
• For a full, detailed list, view our report

Market trend

• Integration of mobile devices with home healthcare systems
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 66 pages and 31 Exhibit “Global Home Healthcare Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by type, Market segmentation by application, Geographical segmentation, Buying criteria, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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