Home Healthcare Market Trends and Forecast 2024

Market-Research

Recent Developments

Allegheny Health Network, Inc. operates health, hospitals and wellness centers, and principal and specialty care offices in Pennsylvania. This company offers cardiovascular, orthopedic, esophageal and lung, women’s health, cancer, neuroscience, bariatric and metabolic, transplant, and outpatient care services.

Allegheny Health Network Company, which is a Pittsburg-based organization, arrived into the market by acquiring four companies, which had proficiency in four different home health services, such as infusion therapy, medical equipment, hospital, and home nursing.

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Market Overview

Market Data Forecast published a report named as Home Healthcare Market. The global Healthcare Market worth was USD 296.52 Billion in 2019 and estimated to reach a CAGR of 9.5%, to reach USD 465.64 Billion by 2024.

Report segmented as:

By Product:

  • Mobility Care Products
  • Screening & Monitoring Products
  • Testing
  • Therapeutic Products

By Service:

  • Infusion Therapy Services
  • Rehabilitation Therapy Services
  • Unskilled Care Services
  • Pregnancy Care Services
  • Hospice and Palliative Care Services
  • Respiratory Therapy Services
  • Skilled Nursing Care Services

Home healthcare offers a wide range of services, including speech therapy, physical therapy, skilled nursing, and occupational therapy. The digitization of data has made it equal for patients to contact clinicians and physicians and gain an exact diagnosis from the comforts of their home.

Geographical Segmentation:

Based on geography, the market divided under many countries such as North America, Europe, Asia-Pacific, and the Rest of the World. North America has led the global Home Healthcare Market

Key market players

  • Kindred Healthcare (US)
  • Philips Healthcare (Netherlands)
  • Almost Family Inc. (US)
  • Linde Group (Germany)
  • LHC Group (US)
  • Abbott Laboratories (US)
  • Amedisys (US)
  • A&D (Japan)
  • Omron (Japan)
  • Fresenius (Germany)
  • BAYADA Home Health Care (US)
  • McKesson (US)
  • Roche (Switzerland)
  • Kinnser Software, Inc. (US)

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The Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

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