The Global Home Healthcare Market was worth USD 227.5 billion in 2016 and estimated to be growing at a CAGR of around 9%, to reach USD 349.8 billion by 2021. The Global home health care market is likely to witness remarkable growth in the coming years. Home Health care offers various administrations to patients in the comfort of their home. Home health care has been developed for the treatment of minor wounds and illness among patients, as it is less costly and as viable as healing centre based therapeutic care.
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In an increasingly free and mobile world, health care benefits alone remain established in a professionally controlled manner and brought together. The global change in customers’ inclination to benefit from quality administrations from the comfort of their house requires decentralization of health care administrations to guarantee accommodation and care to patients.
Global Home Health Care market is driven by rising geriatric population around the globe, the rising need for cost-effective health care delivery, rising chronic diseases and advancements in technology and devices. However, changing reimbursements policies, limited insurance coverage and risk of home care workers for personal safety are restraining the growth of Healthcare Market.
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Home Healthcare is segmented by product, service, software and Type. On basis of the product, Home health care is segmented as Screening, Testing & Monitoring Products, Therapeutic Products, and Mobility Care Products. Based on Service, Home health care market is segmented as Infusion Therapy Services, Rehabilitation Therapy Services, Unskilled Care Services, Pregnancy Care Services, Respiratory Therapy Services, Skilled Nursing Care Services, Hospice and Palliative Care Services. Based on Software, Home health care market is segmented as Agency Software,Clinical Management Systems, and HospiceSolutions. Based on Type, Home healthcare market is segmented as Home Telehealth Monitoring Devices,Home Telehealth Services, and Home Telehealth Software. By region, Market can be segmented as North America, Asia-Pacific, Latin America, Europe and Middle East and Africa.
Major Key players of Home healthcare Market are Apria Healthcare Group, A&D Company Limited , Fresenius Se & Co Kraal , Almost Family Inc , LHC Group Inc, Amedisys Inc, Mckesson Corporation , General Electric Company (GE), Linde Group , Omron Corporation , Roche Holding AG , Philips Healthcare (A Subsidiary of Royal Philips Electronics) , Kindred Healthcare, Abbott Laboratories and Kinnser Software Inc
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