North America Home Healthcare Services Market: Global Demand Analysis & Opportunity Outlook 2033
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
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On the basis of product, market is segmented into Peak Flow Meters, IV Equipment, Coagulation Monitors, and Dialysis Equipment. Out of all, the dialysis equipment segment is to garner the significant revenue by the end of 2033 by growing at a modest CAGR over the forecast period i.e. 2023–2033. This growth is attributed to rise in number of kidney patient all across the world. The global home healthcare services market is expected to grow at a CAGR of approximately 9% over the forecast period.
The global home healthcare services market growth is attributed to proactive participation of government for the public health insurance, rising aged population in the world, more number of people suffering from cognitive & lifestyle disease and higher cost of hospital beds.
On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America is expected to collect the highest revenue by the end of 2033. This growth is expected on the account of higher number geriatric population and people suffering from Alzheimer’s and better healthcare facilities.
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Higher Prevalence of Lifestyle Health Disorder is to Elevate the Growth of Home Healthcare Services
Owing to people’s lazy lifestyle, polluted environment, irregular sleeping patterns and unhealthy eating habits had make them develop the lifestyle disease more rapidly, the lifestyle disease include, diabetes, heart stroke, obesity, blood pressure and others. According to the World Health Organization, globally every year 17.9 million people die of cardiovascular disease and 422 million people are suffering with diabetes.
However, vulnerability of fraud and abuse with patient, shortage of insurance coverage for home healthcare services and population unaware about the home healthcare services are the few factors which are expected to operate as key restraint to the growth of global home healthcare services market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global home healthcare services market which includes company profiling of Amedisys, Inc., LHC Group Inc., Brookdale Senior Living Inc., Trinity Health, AccentCare, Inc., BAYADA Home Health Care, Kindred at Home, Home Instead, Inc., Sompo Care Inc., Extendicare, Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global home healthcare services market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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