Latin America Home Healthcare Market was worth USD 27.30 billion in 2016 and estimated to be growing at a CAGR of 9.87 %, to reach USD 43.71 billion by 2021.
The United Nations says that the share of Latin America’s population that is aged 65 or over will triple by mid-century, from 6.3 percent in 2005 to 18.5 percent in 2050. Additionally, a few Latin American nations, including Brazil, Chile, and Mexico, may have more population than the United States.
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Accordingly, demand for elderly care is expected to rise essentially. This geriatric population base is exceedingly helpless to different sicknesses, for example, diabetes, circulatory strain, rest apnea, joint pain, and cardiovascular. Subsequently, the developing global geriatric population base combined with the way that around 70% of home patients have a place with the age gathering of 65 years or more, is relied upon to drive advertise interest for home healthcare services and products
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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 Testing, Screening, & Monitoring Products, Therapeutic Products, Mobility Care Products. Based on Service, Home health care market is segmented as Rehabilitation Therapy Services, Infusion Therapy Services, Unskilled Care Services, Respiratory Therapy Services, Pregnancy Care 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 Hospice Solutions. Based on Type, Home healthcare market is segmented as Home Telehealth Monitoring Devices, Home Telehealth Services, and Home Telehealth Software.
Major Key players of Home healthcare Market, A&D Company Limited , Almost Family Inc , Amedisys Inc, General Electric Company (GE), Kinnser Software Inc, Linde Group , Omron Corporation , Roche Holding AG , Philips Healthcare (A Subsidiary of Royal Philips Electronics) , Mckesson Corporation , LHC Group Inc, Kindred Healthcare, Fresenius Se & Co Kgaa , Abbott Laboratories , Apria Healthcare Group.
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