Middle East & Africa Home Healthcare Market By Type (Devices, Services, Software), Disease (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), Distribution Channel (Direct Tenders, Retail Sales), Country (South Africa, UAE, Kuwait, Saudi Arabia, Rest of Middle East & Africa) Market Trends and Forecast to 2027.
Market Analysis and Insights: Middle East and Africa Home Healthcare Market
Home healthcare market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 6.9% in the forecast period of 2020 to 2027and expected to reach USD 14,807.92 million by 2027 from USD 8,767.09 million in 2019. Increasing prevalence of chronic diseases and aging population are the factors for the market growth.
Home health care includes wide range of health care services which are provided to patients at their home for any kind of disease or illness. These services include residential skilful nursing care which is involved in providing long or short-term care for patients who have serious health issues. The countries in Middle East & Africa such as South Africa, UAE, Saudi Arabia and others have high percentage of population above 65 years suffering from illness and these people require home healthcare for their treatment. Due to increase in elderly population and requirement for the home healthcare, market growth is increasing.
This Home Healthcare Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Middle East & Africa Home Healthcare Market Scope and Market Size
Home healthcare market is categorized into three notable segments which are based on the basis of type, disease and distribution channel.
- On the basis of type, the market is segmented into devices, software and services. In 2020, devices segment is dominating as well as growing in the market as devices help the patients to get better treatment at home as well as in hospitals. Devices such as ventilators, wheelchairs, blood glucose meters, apnea and other home monitoring devices are useful for providing health benefits among patients. The devices play an important role in home healthcare hence manufacturers are focusing in providing devices with advanced technology in order to provide better health condition.
- On the basis of disease, the market is segmented into chronic obstructive pulmonary disease, diabetes, hypertension, smoking, asthma, depression, heart diseases, dementia / Alzheimer's diseases, obesity, Parkinson's diseases, infectious diseases (HIV/AIDS), bone & joint diseases and others. In 2020, the heart diseases segment is dominating the market as the patients do not get long term hospitalization suffering from heart disease. Hence, home healthcare services providers provide beneficiary services among these patients.. Prevalence of cardiovascular diseases in middle east region have lead the demand for home healthcare services to get better facilities at home for treatment.
- On the basis of distribution channel, the market is segmented into retail sales and direct tenders. In 2020, the direct tenders segment is dominating the market with the high share as majority of the healthcare services providers have contracts with the manufacturers for the devices (new or advanced) which leads to high revenue generation from the direct tenders.
Home Healthcare Market Country Level Analysis
Home healthcare market is analysed and market size information is provided by country, type, disease and distribution channel.
The countries covered in the home healthcare market report are South Africa, UAE, Kuwait, Saudi Arabia and Rest of Middle East & Africa.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Increasing Cases of Chronic Diseases Leading to Rising Usage of Home Healthcare Devices
Home healthcare market also provides you with detailed market analysis for every country growth in medical device industry with home healthcare sales, impact of technological development in healthcare sector and changes in regulatory scenarios with their support for the home healthcare market.
Competitive Landscape and Home Healthcare Market Share Analysis
Home healthcare market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, , product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Middle East & Africa home healthcare market.
The major players covered in the report are Koninklijke Philips N.V., B. Braun Melsungen AG, OMRON Healthcare, Inc, and Air Liquide among other players. Home healthcare market share data is available for North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many joint ventures and developments are also initiated by the companies worldwide which are also accelerating the Middle East & Africa home healthcare market.
- In January 2018, Air Liquide (France) has entered in acquisition with Thimar Al Jazirah Company, based in Saudi Arabia as well as entered in U.K. home healthcare market in order to develop its activity of healthcare in the Middle East region. It has helped the company to increase its position in the home healthcare market.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for home healthcare through expanded model range.
Customization Available: Middle East and Africa Home Healthcare Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.