Scope of the Study
Household health care is basically related to home health nursing, rehabilitation as well as personal care services. It mainly supports homebound patients by providing coverage for intermittent skilled nursing as well as therapy services. In addition, this service is mostly provided by Medicare-certified home health agencies globally. Increasing usage of household health care in various application such as Home Diagnosis & Home Health and upsurge in geriatric population which finds it difficult to visit hospitals and other diagnostic centers repeatedly are some of the major factors which affect the growth of the market in future.
The market study is being classified by Type (Hardware Devices and Software Services), by Application (Home Diagnosis and Home Health) and major geographies with country level break-up.
Almost Family Inc (United States), B. Braun Melsungen AG (Germany), Abbott Laboratories (United States), Sunrise Medical, Inc. (United States), 3M Healthcare (United States), Medtronic (Ireland), Baxter International (United States), F. Hoffmann-La Roche (Switzerland), Air Liquide S.A. (France) and Amedisys (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are NxStage Medical (United States) and Array (India).
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global household health care market can witness an upsurge in the forecast period. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Household Healthcare market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Household Healthcare market by Type, Application and Region.
On the basis of geography, the market of Household Healthcare has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. If we see Market by Distribution Channel, the sub-segment i.e. Offline Channel will boost the Household Healthcare market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Incidence of Chronic Diseases and Government Initiatives to Promote Home Healthcare
- Increasing Healthcare Costs as well as the Growing Need for Affordable Treatment Options
- Government Initiative for Promoting Household Healthcare. For Instance, in 2016, According to NCBI, More than 3.4 million people have received Medicare Skilled Home Health Care in the United States
- Problem related to Changing Reimbursement Policies
- Rising Demand from Untapped Developing Regions Namely China and India
- Rising Focus on Telehealth globally
- The issue regarding the Shortage of Home Care Workers
In September 2017, the Max Healthcare company has launched Max Home, which brings patient care to homes. Hence, it will affect the growth of the market in the future.
Key Target AudienceHousehold Healthcare Manufacturers, Household Healthcare Providers, Household Healthcare Vendors, Nursing Services Providers, Wound Care Product Manufacturing Companies, Pregnancy Care Product Manufacturers and Service Providers, Supportive Care Product Manufacturers and Service Providers, Diagnostic Companies, Research and Development (R&D) Companies, Business Research and Consulting Service Providers, Medical Research Laboratories and Venture Capitalists
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase