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– Rise in adoption of the telehealth technology is expected to drive sales opportunities in the home healthcare market
– Increase in patients’ inclination toward dependable, comfortable, cost-effective, and highly efficient home-based services bolsters market growth
– Major home healthcare providers are increasing R&D activities to provide advanced patient care services
ALBANY, N.Y., Feb. 9, 2022 /PRNewswire/ — According to analysts at Transparency Market Research (TMR), the global home healthcare market is projected to gain valuation of US$ 499.6 Bn by 2028.
In recent years, the demand for different home healthcare products such as blood pressure monitors, blood glucose monitors, temperature monitors, and pulse oximeters has increased across the globe. This factor is propelling the global home healthcare market, notes researchers at TMR.
Older population is generally at higher risk of suffering from chronic health problems. Hence, rise in the older populace around the world is boosting the sales prospects in the global market. Moreover, the home healthcare market is driven by factors such as rapidly advancing home healthcare services and increasing accessibility to home nursing care systems globally.
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The global home healthcare market is prognosticated to gain profitable opportunities in North America, owing to the presence of sturdy healthcare infrastructure, rising adoption of home healthcare facilities, and increasing number of older people in the region. Moreover, the regional market is expected to gain sizeable expansion avenues on the back of increased government investments in the healthcare sector, presence of advanced healthcare technologies, and government initiatives for the introduction of telehealth practices for patients. Furthermore, the North America market is anticipated to expand due to an increasing number of skilled professionals that offer healthcare services home-based patients.
Home Healthcare Market: Key Findings
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Home Healthcare Market: Growth Boosters
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Home Healthcare Market: Competition Landscape
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Home Healthcare Market: Key Players
Some of the key players profiled in the report are:
Home Healthcare Market Segmentation
Device Type
Service
Region
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