Home Healthcare Market Examined & Forecast by M&M in Its Insightful Research Report Now Available at MarketPublishers.com
13 Oct 2015 • by Natalie Aster
LONDON – Today, the global home healthcare market is following an upward trend with lucrative prospects to amount to almost USD 350 billion through 2020, registering a 9% CAGR in the next 5 years. In the years to come, the highest CAGR is anticipated to be registered in the home telehealth sector.
The key factors driving growth in the world home healthcare market from pole to pole comprise surging number of elderly population, high incidence of chronic diseases, strong demand for affordable healthcare services and medicine, rising health awareness and increasing need in home healthcare products and services, and a wide application of telecommunication in healthcare.
However, the global home healthcare market also constantly faces certain challenges and restraints trigging the market development, including ever-changing reimbursement policies, restrictions on insurance coverage and patients’ concerns regarding safety. Despite all the market growth hinders, many initiatives are being taken and strategies being adopted by governments to promote home healthcare worldwide.
In-demand research report “Home Healthcare Market” elaborated by MarketsandMarkets (M&M) offers a comprehensive analysis of the global market for home healthcare procedures. The report highlights the current performance and the historical development of the market, furthermore, provides a look at the possible future development of the global home healthcare market. The study describes the competitive environment, profiles the top players and describes their product portfolios. The research study offers an in-depth review of the prevailing trends, emerging opportunities and prospects of the market through 2020. Also, the analysis of the market key growth restraints is included in the report. The vital information on the recent changes in strategic approach, R&D investments, innovations in products and technologies and new product launches is provided here.
Home Healthcare Market by Product (BP & Heart Rate Monitor, Ovulation Kit, HIV Test, ECG, EKG, Nebulizer, Hearing Aids, Pedometer, Cane, Walker, Wheelchairs), Software, Services (Rehabilitation, Skilled, Hospice), & Telehealth - Global Forecasts to 2020
Published: September, 2015
Price: US$ 4,650.00
Other topical research reports by MarketsandMarkets can be easily found at its page.