Global Home Healthcare Market is Expected to Grow at 8.6% in the Forecast Period of 2020 to 2027

Home Healthcare Market is anticipated to grow at 8.6% with factors such as increasing prevalence of chronic diseases and development of innovative home healthcare devices.

Home healthcare market has shown an exceptional penetration in countries such as U.S., U.K. and China. Increasing aging population for the purpose of care and treatment has propelled the demand of the market. In developing countries, increasing advancement in the technology is creating opportunity for home healthcare market.

Home Healthcare Market Scenario

According to Data Bridge Market Research, home healthcare market in North America region has the highest market share followed by Europe and Asia-Pacific. The market leader Koninklijke Philips N.V. accounts an estimated market share of approximately 30% to 35% in home healthcare market. The revenue of Koninklijke Philips N.V. has increased nearly by 2% from 2018 to 2019. 810.10 million 2019 as compared to 2018.

  • In August 2016, Koninklijke Philips N.V. (Netherlands) and Qualcomm Technologies, Inc. (U.S.) entered into strategic collaboration. With the collaboration the company helped to prevent from chronic care management and also provide healthy living.

Home Healthcare Market

Trends Impacting the Market

Now the question is which other regions Koninklijke Philips N.V. and Omron Healthcare, Inc. are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific home healthcare market and the market leaders targeting Japan and India to be their next revenue pockets for 2020.

The home healthcare market is becoming more competitive every year with companies such as Koninklijke Philips N.V., OMRON Corporation and B. Braun MelsungenAG as they are the market leaders for home healthcare. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the home healthcare market.

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Home Healthcare Market Development

  • In July 2018, OMRON Healthcare Inc. acquired 3A Health Care s.r.l., who is a leader in the production and development of surgical aspirators and specialized aerosol therapy devices. It will help the company to prevent and treat airway diseases.

Scope of the Home Healthcare Market

Home healthcare market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Lithuania, Poland, Hungary, Austria, Ireland, Norway and Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in Asia-Pacific, Brazil, Argentina, Peru, Rest of South America in South America, South Africa, UAE, Saudi Arabia, Kuwait and Rest of Middle East & Africa in Middle East & Africa.

  • All country based analysis of home healthcare market is further analyzed based on further segmentation. On the basis of type, home healthcare market is segmented into devices, services and software. On the basis of disease, home healthcare market is segmented into chronic obstructive pulmonary disease, diabetes, hypertension, smoking, asthma, depression, heart, dementia / Alzheimer’s disease (AD), obesity, Parkinson's disease, coronary artery disease, infectious diseases (HIV/AIDS), bone & joint diseases, cardiovascular & metabolic diseases and others. On the basis of distribution channel, home healthcare market is segmented into retail sales and direct tenders.

To know more about the study

Key Pointers Covered in Home Healthcare Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study
  • Supply Chain Competiveness
  • Value Chain Analysis

Key Market Competitors Covered in the Report

  • QuickMedical
  • Singex
  • McKesson Medical-Surgical Inc
  • USA Medical and Surgical Supplies
  • Royal Medical Solutions
  • Home Hospice WTX
  • Condo Pharmacy
  • LA Medical Wholesale
  • MED+
  • Koninklijke Philips N.V.
  • Air Liquide
  • Amedisys
  • Apple Home Healthcare
  • Arcadia
  • Davita Inc
  • Diaverum
  • Home Health Care, Inc
  • Home Healthcare Solutions Company, LLC
  • Kindred Healthcare, LLC
  • LHC Group, Inc.
  • National HealthCare Corporation
  • Omron Healthcare, Inc.
  • B. Braun Melsungen AG
  • BPL Medical Technologies
  • Sunrise Medical (US) LLC.
  • Kinnser Software, Inc
  • Medtronic

Above are the key players covered in the report, to know about more and exhaustive list of home healthcare companies, contact us

Research Methodology: Global Home Healthcare Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Doctors, Nurses, Healthcare Professionals, Researchers
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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