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Aug, 03 2023

The Prominence of Unskilled Home Healthcare in Encouraging Independence for Seniors

 

Unskilled home healthcare services have found wide-ranging applications across various markets. These services primarily focus on providing aid with activities of daily living (ADLs), including bathing, dressing, and meal preparation. They are designed to assist individuals requiring essential support but not requiring skilled medical care. In addition to ADLs, unskilled home healthcare offers companionship, medication reminders, and light housekeeping services. This type of care has become a valuable option for different groups, such as seniors who prefer to age in their own homes, individuals recovering from surgeries or illnesses, and those with chronic conditions that require non-medical assistance. The market for unskilled home healthcare services caters to the growing demand for personalized, affordable, and easily accessible home-based care solutions

According to Data Bridge Market Research, the Unskilled Home Healthcare Market accounted for USD 99,236.36 million in 2021, and is expected to reach the value of USD 1, 67,596.43 million by 2029, and is expected to undergo a CAGR of 6.77% during the forecast period 2022 to 2029.

“Growing research and development (R&D) investments Upsurge the market”

The integration of new technologies in the healthcare market has revolutionized patient-provider communication, leading to improved and more efficient care. The introduction of remote patient monitoring, facilitated by the seamless integration of medical devices and information and communication technology (ICT), has allowed healthcare to be delivered over long distances. This advancement has significantly enhanced the market by enabling better and faster care, as healthcare providers can remotely monitor patients' health conditions and provide timely interventions. The successful integration of technology and healthcare in remote patient monitoring has been a key driver in the market's growth, promoting accessibility and expanding healthcare reach.

What restraints the growth of unskilled home healthcare market?

“Lack of proper training and knowledge in operating geriatric chairs in home healthcare”

Geriatric chairs, while providing comfort and support for elderly individuals, can serve as a restraint for the unskilled home healthcare market. These specialized chairs require proper knowledge and training to ensure safe and appropriate usage. Unskilled caregivers may lack the necessary expertise to effectively operate and manage geriatric chairs, potentially leading to accidents or injuries. These factors contribute to the inability of the unskilled home healthcare market to incorporate geriatric chairs into their service offerings fully.

Segmentation: Unskilled Home Healthcare Market

The unskilled home healthcare market is segmented on the basis of product, type, and disease and distribution channel. 

  • On the basis of products, the unskilled home healthcare market is segmented into patient diagnosis/treatment devices, assistive technology based devices, enteral feeding device, others.
  • On the basis of type, the unskilled home healthcare market is segmented into devices, services, software.
  • On the basis of disease, the unskilled home healthcare market is segmented into heart diseases, hypertension, bone and joint diseases, diabetes, chronic obstructive pulmonary diseases, obesity, dementia/alzheimer's diseases, infective diseases (hiv/aids), parkinson’s diseases, smoking, asthma, depression.
  • On the basis of distribution channel, the unskilled home healthcare market is segmented into direct tenders, retail sales.

To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-unskilled-home-healthcare-market

Regional Insights: North America dominate the unskilled home healthcare market

North America holds a dominant position in the Unskilled Home Healthcare Market. This can be attributed to factors such as a large aging population, increasing prevalence of chronic diseases, and a growing preference for aging in place. Additionally, favorable government policies, advanced healthcare infrastructure, and the availability of skilled caregivers contribute to the region's leadership in this market.

Asia Pacific is poised for significant growth in the Unskilled Home Healthcare Market. The region's rapidly aging population, rising prevalence of chronic diseases, and increasing healthcare expenditure are driving the demand for unskilled home healthcare services. Furthermore, improving healthcare infrastructure, government initiatives to support aging populations, and a shift towards home-based care contribute to the expected market growth in Asia Pacific.

Recent Developments in Unskilled Home Healthcare Market

  • In March 2019, ResMed strengthened its market leadership in Korea by acquiring HB Healthcare (HBH). By acquiring HB Healthcare, a home medical equipment manufacturer based in Korea, ResMed further solidified its position in the country. HB Healthcare specializes in providing coaching and technology solutions to patients and healthcare practitioners, contributing to improved patient care. With this acquisition, ResMed expanded its presence in the Korean market and enhanced its ability to provide innovative healthcare solutions, establishing a strong foothold in the region.

The Prominent Key Players Operating in the Unskilled Home Healthcare Market Include:

  • Omron Healthcare, Inc. (Japan)
  • Air Liquide (France)
  • B. Braun Melsungen AG (Germany)
  • Medtronic (Ireland)
  • Davita Inc. (U.S.)
  • CARDINAL HEALTH (U.S.)
  • Sunrise Medical (U.S.)
  • General Electric (U.S.)
  • A&D Company, Limited (Japan)
  • BAYADA Home Health Care (U.S.)
  • Invacare Corporation (U.S.)
  • Philips Healthcare (Netherlands)
  • Fresenious SE & Co KGaA (Germany)
  • GE Healthcare (U.K.)
  • Baxter (U.S.)
  • F. Hoffmann-La Roche Ltd  (Switzerland)
  • Bupa Home Healthcare, Ltd (U.K.)
  • Healthcare at Home (U.K.)
  • Linde plc  (Germany)

Above are the key players covered in the report, to know about more and exhaustive list of unskilled home healthcare market companies contact, https://www.databridgemarketresearch.com/contact

Research Methodology: Global Unskilled Home Healthcare Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. 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, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.


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