Zion Research has published a new report titled “Global Home Healthcare (Diagnostics and Monitoring Devices, Therapeutic Home Healthcare Devices, Mobility Assist Devices and Medical Supplies) and Services (Rehabilitation, Telehealth and Telemedicine, Respiratory Therapy, Infusion Therapy and Unskilled Home Healthcare Services) Market: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021.” According to the report, global demand for home healthcare market was valued at USD 228.90 billion in 2015 and is expected to generate revenue of USD 391.41 billion by 2021, growing at a CAGR of 9.40% between 2016 and 2021.
Home health care is a diversified industry which includes home nursing care, infusion services, companion care, and others. Home healthcare is particularly referred as home medical care. Home health care generally involves helping geriatric people to recover from an illness or injury and live independently for as long as possible. Home health care includes occupational & physical therapy, speech therapy, and skilled nursing. It may involve helping older adults with activities of daily living, like bathing, dressing, and eating. It can also include assistance with cooking, cleaning, other housekeeping, and monitoring one’s medication routine.
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Based on product segments, home healthcare market has been segmented into diagnostics and monitoring home devices, therapeutics home healthcare devices, medical supplies, and home mobility assists devices. Diagnostic and monitoring devices include blood pressure monitors, pregnancy test kits, heart rate monitors, temperature monitors and others. In 2015, diagnostic and monitoring devices were the major segment of in the global home healthcare market in terms of revenue and is expected to continue its dominance in the global market over the forecast period. T
Rehabilitation services, telehealth and telemedicine services, infusion therapy services, respiratory therapy services, unskilled home healthcare services are the key services of home healthcare market. Rehabilitation services segment dominated home healthcare market with largest share in terms of total revenue generated in 2015. This was mainly due to increase demand from the geriatric or aging population. In terms of revenue, telehealth and telemedicine segment was a second largest segment in the home healthcare market and it accounted for 24.25% market share of the total market in 2015.
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Some of the major industry participants in Home healthcare market includes 3M Health Care, Bayer AG, Abbott Laboratories, Cardinal Health, Inc., GE Healthcare, Johnson & Johnson Services, Inc., Gentiva Health Services, Inc., Invacare Corporation, F. Hoffmann-La Roche Ltd., Phillips Healthcare, Medtronic, Inc. and Omron Healthcare, Inc.
Global Home Healthcare Market: ProductSegment Analysis
- Diagnostics and monitoring home devices
- Therapeutics home healthcare devices
- Home mobility assist devices
- Medical supplies
Global Home Healthcare Market: Services Segment Analysis
- Rehabilitation services
- Telehealth and telemedicine services
- Infusion therapy services
- Respiratory therapy services
- Unskilled home healthcare services
Global Home Healthcare Market: Regional Segment Analysis
- North AmericaU.S.
- Asia PacificChina
- Latin AmericaBrazil
- Middle East And Africa
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