Novel Addition to Payment Models to Disrupt Global Home Healthcare Market
Home healthcare refers to healthcare services provided to patients within the confines of their home. These services include skilled nursing, occupational therapy, speech therapy, physical therapy among others. It is also known as in-home care, domiciliary care, and social care. The global home healthcare market report by Market Research Future (MRFR) enlightens readers on the latest trends, new technologies, and drivers engulfing the market.
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We believe the very comprehensive report on the Home Healthcare Market Research Report – Forecast to 2023 will be of high interest which delivers a thorough understanding of the market’s present status and likely future growth trajectory over the forecast period on the basis of the market’s historical growth
Market Overview
Technological advances in the healthcare sector, as well as stringent regulations by federal agencies, have sparked innovation among home healthcare providers. For instance, the launch of wireless solutions by Philips for senior citizens to call on nurses for assistance is a forward step in assisted living care. The introduction of novel payment models such as the Patient-Driven Groupings Model (PGDM) will lead to home healthcare service providers being flexible in their offerings to cater to patient needs.
However, concerns pertaining to patient safety due to a paucity of skilled nursing personnel and others can pose a challenge to the market growth
Regional Analysis
The global home healthcare market is spread across four regions which are the Americas, Europe, Asia Pacific, and the Middle East and Africa.
The Americas are expected to be the biggest region for the market due to the disbursement of large funds for the healthcare sector by large economies. North America is expected to contribute heavily to the global home healthcare market due to the establishment of public healthcare insurance programs and the availability of generic medicines for the common public.
TABLE OF CONTENT
6 Global Home Healthcare Market by Product
6.1 Introduction
6.1.1 Testing, Screening, & Monitoring Products
6.1.2 Therapeutic Products
7 Global Home Healthcare Market by Services
7.1 Introduction 45
7.1.1 Skilled Nursing Services 46
7.1.2 Rehabilitation Therapy Services 46
7.1.3 Unskilled Care Services 46
7.1.4 Respiratory Therapy Services 47
7.1.5 Infusion Therapy Services 47
7.1.6 Pregnancy Care Services 48
8 Global Home Healthcare Market by Software
8.1 Introduction 50
8.1.1 Clinical Management Systems 51
8.1.2 Agency Software 51
8.1.3 Telehealth Solution 51
8.1.4 Hospice Solutions 52
Continued….
Home Healthcare Market Research Report, by Product (Therapeutic products, Other), Service (Skilled Nursing Services, Respiratory Therapy Service, Other), Software (Clinical Management System, Telehealth Solution, Other) – Global Forecast Till 2023 COLLECT DETAILED REPORT INFORMATION @https://www.marketresearchfuture.com/reports/home-Healthcare-market-2030
Competition Outlook
Apple, Koninklijke Philips N.V., 3M, Omron Corporation, Becton Dickinson Company, Kinnser Software, F. Hoffmann-La Roche AG, LG Electronics, Medtronic PLC, Abbott, McKesson Corporation, A&D Company, Fresenius SE & Co KGaA, B. Braun Melsungen AG, GE Healthcare, and others are prominent names in the global home healthcare market.
Industry News
Dignity Health, a U.S. based healthcare provider firm, have made arrangements for their customers for tackling energy issues during public safety power shutoffs. The company is being proactive in its efforts by providing additional equipment or ensuring the existing stock does not affect the daily life of patients during blackouts.
Key questions addressed by the report:
- At what CAGR is the Home Healthcare Market projected to grow in the forecast period 2023
Global Home Healthcare Market is expected to register a CAGR of 8.1% during the forecast period by 2023.
- What is the major factor driving the Home Healthcare Market?
Technological advances in healthcare and diagnosis equipment and government initiatives encouraging home healthcare are likely to fuel market demand in the forthcoming years.
- Which region is anticipated to hold the highest market share in the Home Healthcare Market?
Asia Pacfic is expected to dominate and hold the highest market share.
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