The Global Home Healthcare Market is expected to reach USD 483.5 Billion by 2026, growing at a CAGR of 8.4% over the forecast period 2020-2026. Increased patient preference for value-based healthcare, growing geriatric population and rising healthcare costs due to rising demand for affordable healthcare delivery systems are anticipated to drive market growth.
Home healthcare is useful in getting diagnosis and treatment of the disease among patients at home. Home healthcare provides wide range of health care services which are usually more convenient, expensive, and provided at door steps. It includes skilled medical professionals, including physical therapy, occupational therapy, skilled nursing care, and speech therapy.
Increasing prevalence of diseases such as cardiovascular, metabolic, Parkinson's diseases, infectious diseases (HIV/AIDS) and others have lead the demand for the home healthcare. Hospitalization for long term is not carried out in hospitals which have led the introduction of home healthcare. Home healthcare provides better treatment facilities with skilled professionals for patients suffering from diseases.
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.