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Home Healthcare Market Worth USD 257.33 Billion by 2021

Thursday, November 3, 2016 5:15
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According to a new market research report, “Home Healthcare Market by Products (Patient Diagnosis/Treatment Devices, Assistive Technology Based Devices and Enteral Feeding Devices), Services (Rehabilitation, Home Respiratory Therapy, Home Infusion Therapy, Telehealth and Unskilled Home Healthcare Services) – Global Revenue, Trends, Growth, Share, Size & Forecast to 2021″, published by Scalar Market Research, the home healthcare market is set to grow at a steady CAGR of 8.6% and reach USD 257.33 billion by 2021. In the year 2016, the global home healthcare market is estimated to be worth USD 170.09 billion.

The global home healthcare market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic region, forecast, key players, and premium trends. It also focuses on the key drivers and opportunities in this market.

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Asia-Pacific segment is expected to grow at the highest CAGR of 9.9% from 2016 to 2021. Increasing preference of remote patient monitoring and introduction of novel software connected devices for home healthcare by key companies will help this region to grow at the highest CAGR during the study period.

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Key findings of the report:    

  • The rising geriatric population around the world, growth in the instances of chronic diseases, and the rising demand for various inexpensive healthcare systems are the major driving factors for the home healthcare market.
  • The changes in government policies are also expected to create a strong rise in demand for the home healthcare market on the global scale.
  • Various sub-segments of the portable medical devices segment of the home healthcare market, such as pregnancy kits and blood glucose monitors are also expected to contribute to the overall growth of the market.

This report segments the global home healthcare market by the types of diagnostic devices, treatment devices, applications, and the major geographic regions. The types of diagnostic devices include microscopes, dermatoscopes, and imaging techniques. The types of treatment devices include microdermabrasion, electrosurgical, lasers, light therapy devices, and cryotherapy. The application segments of the market include skin resurfacing, skin rejuvenation, wrinkle removal, cancer diagnosis, psoriasis, acne, vascular lesions, and hair removal.

The major geographic regions of the market include North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.

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The key home healthcare market players highlighted in this report include:

  • Abbott Laboratories
  • Bayer HealthCare AG
  • Fresenius SE & Co KGaA
  • Invacare Corporation
  • Johnson & Johnson
  • Kindred Healthcare, Inc.
  • Koninklijke Philips N.V
  • Medtronic, Inc.

Browse Related Report:

Dermatology Devices Market – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

About Scalar Market Research 

Scalar Market Research, Inc., a U.S.-based market research and consulting firm, aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.

Find out more about our services at:

Mr. Rahul Ganju
8770 W Bryn Mawr Ave.,
Suite 1300
Chicago, IL 60631
Tel.: +1-800-213-5170 (U.S./Canada Toll-free)

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