Home healthcare Market to Earn a Valuation of USD $459.53 billion by the end of 2022
The latest trending report published by Crystal Market Research titled, Home healthcare Market approximates that the Home healthcare Market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
The global home healthcare market was evaluated around USD 195.55 billion in the 2012 and is expected to reach approximately USD 459.53 billion by the end of 2022 while registering itself at a compound annual growth rate (CAGR) of 8.92% over the forecast period.
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Home healthcare Market - Report Overview:
Increasing treatment price is amongst the biggest areas of concern for health organizations and government, and these organizations are determined to control rising healthcare expenditure.
Home healthcare is a cost-effective option as compared to costly hospital stays. These services aid to save cost considerably, therefore, expected to act as high impact delivering factor for the global home healthcare industry. Rising workforce concerning to these services interprets the growing home healthcare services demand.
According to the statistics released by the United States Bureau of Labor Statistics, the position of home care and personal care aids are projected to rise approximately 13.0 million by the end of 2020, which interprets to around 70.0% boost from 2010. Rising aged population is amongst the major driving factor for the profitable growth of the global market. This population is inclined towards the chronic illnesses which need long-term care. Hence, home healthcare presents best potential option rendering inexpensive quality care.
The founding and maintenance of healthcare centers and other settings are investment demanding in nature and involve huge investments concerning operational expenses and capital. Healthcare contributor are now penetrating the rapidly emerging home healthcare market with the help of mergers and acquisitions in order to gain benefit from the existing opportunities and restrain expenditure.
Home healthcare Market - Regional Outlook:
North American regional market held the major revenue share in 2015 at around 40.0% due to the existence of advance healthcare infrastructure, elevated awareness levels among patient along with moderately higher medical spending levels in this region. Asia Pacific regional market is expected to witness beneficial growth during the forecast years. Developing economy rectifies to develop infrastructure, high unfulfilled requirements of massive population and accessibility skilled labor likely to administer the development of the region.
Home healthcare Market - Top Major Market Players:
The major market players in global home healthcare market include B. Braun Melsungen AG, Almost Family Inc., Abbott Laboratories, 3M Health Care, Sunrise Medical Inc., Baxter, Cardinal Health Inc.
Table of Contents
1. Introduction
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.2. Market Dynamics
4. Home Healthcare Market, By Component
4.1. Introduction
4.2. Home Healthcare Market, Assessment and Forecast, By Component, 2012-2022
4.3. Equipment
5. Home Healthcare Market, By Region
5.1. Introduction
5.2. Home Healthcare Market, Assessment and Forecast, By Region, 2012-2022 ($Million)
5.3. North America
5.4. Europe
5.5. Asia-Pacific
5.6. Rest of the World
6. Company Profiles
6.1. Almost Family Inc.
6.2. B. Braun Melsungen AG
6.3. Abbott Laboratories
6.4. Sunrise Medical Inc.
6.5. 3M Healthcare
6.6. Baxter International Inc.
6.7. Medtronic
6.8. Cardinal Health Inc.
6.9. Roche Diagnostics Corp.
6.10. Air Liquide
6.11. Arcadia Resources, Inc.
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