Home Healthcare Market Enabling Growth Through Continuous Improvement

(Heraldkeepers via Comtex)

The Home Healthcare Market size is projected to reach USD XX Million by 2026, from USD XX Million in 2020 growing at a CAGR of XX during 2021-2026. The report also provides extensive competitive analysis and profiles of key market players. Some of the major players in Home Healthcare Market are McKesson Medical-Surgical Inc., Medline Industries, Inc., 3M Healthcare, Brookdale Senior Living, Home Health Services Ltd, Genesis Healthcare Corp., Home Instead Senior Care, Care UK Limited, Becton, Dickinson And Company, ConvaTec Group PLC among others.

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This global Home Healthcare market report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the industry with analysis on vendors, geographical regions, types, and applications. This Home Healthcare market study estimates the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. This report proves to be an indispensable document for every market enthusiast, policymaker, investor, and player. This global Home Healthcare market research report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.

With the effectual use of technology, innovative applications and expertise, this Home Healthcare market research report has been generated which successfully manages bulky and complex market data tables. To give clear idea about the current and future marketplace, most up to date market insights and analysis has been offered via this report. Several critical market factors covered in this Home Healthcare Market report consist of primary research, benchmarking studies, secondary research, company profiles, competitive intelligence & reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. Market research report execution is becoming very central for the businesses to gain success because it offers insights into revenue growth and sustainability initiative.

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Population aging around the world and increased patient preference for value-based healthcare are anticipated to fuel market growth. According to the World Health Organization (WHO), there were 703 million persons aged 65 years or over in the world in 2019. The number of older persons is projected to double to 1.5 billion by 2050. The aging population demands more patient-centric healthcare services, which in return increases the demand for healthcare workers and agencies and is anticipated to drive market growth.

The Bureau of Labor Statistics states that a growing workforce pertaining to healthcare service translates to the increasing demand for home health and personal healthcare aides and is expected to outpace the healthcare sector's growth, with more than 4 million jobs only in the home healthcare sector.

Value-based healthcare is another major factor contributing to the market. In most of the developed and developing nations, the central government is offering either partial or complete coverage for the in-home services. In the U.S., Medicare reimbursements are highly favorable in providing value-based healthcare for improved patient outcomes at a low cost. Thus, in-home care has become a modality of choice for treatment.

In the U.S., Medicare is the largest single payer of home healthcare services. Medicare spending accounts for more than 40% of home health expenditures. Medicaid payments are divided into three main categories: the traditional home health benefit (mandatory), the personal healthcare option, and home and community-based waivers as an optional program. Collectively, these three home healthcare service categories hold a small share of total Medicaid payments.

In Europe, the central government offers some reimbursement benefits for this service. People are free to choose the providers and even the type of healthcare. But the central government does not completely cover the services being provided to the patients attributed to the division of home care into two parts i.e. healthcare and social care. Each part of service is covered by different financial sources and hence different rules govern eligibility, allocation, and administration.

Major Classifications are as follows:

Home Healthcare Market: By Type

Home Healthcare Monitoring
Manual Presence
Telehealth
Home Healthcare Services
Home Healthcare Software Solutions

Home Healthcare Market: By Product

Homecare Diagnostic
Therapeutics
Mobility Care

Home Healthcare Market: By Software

Agency Software
Clinical Management Systems
Hospice Solutions

Home Healthcare Market: By Services

Rehabilitation
Infusion Therapy
Unskilled Care
Respiratory Therapy
Pregnancy Care
Skilled Nursing
Telemetry
Hospice & Palliative Care

Home Healthcare Market: By Purposes

Chronic Diseases
Infectious Diseases
Psychological Diseases
Geriatric Diseases
Pediatric Diseases
Fertility Treatments & Pregnancy
Intensive & Critical Care
Injuries & Accidental Deformity
Nutrition & General Consultancy

Home Healthcare Market: By Geography

Europe
Germany
France
United Kingdom
Italy
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Rest of Asia Pacific
North America
U.S.
Canada
South America
Brazil
Argentina
Rest of South America
Rest of the World
Middle East
Africa

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Home Healthcare Market : Report Chapters

Chapter 01 - Executive Summary

Chapter 02 - Market Overview

Chapter 03 - Key Market Trends

Chapter 04 - Key Success Factors

Chapter 05 - Global Home Healthcare Market – Pricing Analysis

Chapter 06 - Global Home Healthcare Market Demand (in Value or Size in US$ Mn) Analysis and Forecast, 2021-2026

Chapter 07 - Market Background

Chapter 08 - Global Home Healthcare Market Analysis () & Opportunity Assessment , By Product Type

Chapter 09 - Global Home Healthcare Market Analysis & Opportunity Assessment , by Distribution Channel

Chapter 10 - Global Home Healthcare Market Analysis & Opportunity Assessment , by Region

Chapter 11 - North America Home Healthcare market Analysis & Opportunity Assessment

Chapter 12 - Latin America Home Healthcare Market Analysis & Opportunity Assessment

Chapter 13 -Europe Home Healthcare market Analysis & Opportunity Assessment

Chapter 14 - East Asia Home Healthcare market Analysis and Forecast

Chapter 15 - South Asia Home Healthcare market Analysis and Forecast

Chapter 16 - Oceania Home Healthcare market Analysis and Forecast

Chapter 17 - MEA Home Healthcare market Analysis & Opportunity Assessment

Chapter 18 - Market Structure Analysis

Chapter 19 - Competition Analysis

Chapter 20 - Assumptions and Acronyms Used

Chapter 21 - Research Methodology

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Source - HeraldKeeper
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