DBMR has added a new report titled Home Healthcare Market with analysis provides the insights which bring marketplace clearly into the focus and thus help organizations make better decisions. The Home Healthcare Market research report offers the market insights from the statistics, gathered from the reliable market information such as manufacturers, channel partners, decision-makers and regulatory bodies. It outlines segment of the market investigates progression such as drivers, limitations and opportunities that at present strongly affect the market and could impact the market in future, Market share analysis mentioned in this report with a specific end goal to clarify the intensity of rivalry between driving market players working over the globe. It validated primary and secondary research methodology and data sources that are implied to collect key information like market size, trends, revenue and analysis.
The main objective of this Home Healthcare Market report is to analyze the opportunities, threats and market drivers. Key insights like competitive industry scenario, gross margin analysis, price structure and cost analysis. It correctly calculates the global market share of important sections, regions and businesses. This research report examines the international market on the business plan based on numerous business verticals.
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 a CAGR of 8.2% in the forecast period of 2020 to 2027 and expected to reach USD 137,425.45 million by 2027 from USD 73,851.16 million in 2019. Increasing cases of chronic diseases leading to rising usage of home healthcare devices are the factors for the market growth.
Home care provides satisfying treatment facilities to the patients with high-quality home-based health care and social services. Increasing geriatric population with diseases is increasing steadily in many European countries which are the major reasons for the demand for home healthcare in Europe region.
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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.
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 Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Norway, Ireland, Austria, Lithuania, Poland, Hungary, Rest of Europe.
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 brands 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 Geriatric Population
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.
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Key Market Competitors Covered in the report
- Home Health Care, Inc,
- Home Healthcare Solutions,
- OMRON Corporation.,
- Koninklijke Philips N.V.,
- Air Liquide,
- B. Braun Melsungen AG
- Cardinal Health
- Medtronic and
- BPL Technologies
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 home healthcare market.
Many joint ventures and developments are also initiated by the companies worldwide which are also accelerating the home healthcare market.
- In April 2018, Air Liquide’s has entered in acquisition with EOVE which is a France based company. The acquisition has leaded the company to reinforce its expertise in home ventilation for chronic respiratory failure. This acquisition has lead company to enhance their business in home healthcare sector. .
- In May 2016, Koninklijke Philips N.V. (Netherlands) has introduced CareSensus connected sensors platform by entering in partnership with Right to home. With this partnership agreement, the company introduced the benefits of Internet of Things (IoT) into the homes of seniors. This may help the company to strengthen their position in 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.
Europe Home Healthcare Market is forecasted to grow at 7.0% with factors such as increase in cases of chronic diseases leads to the growth of the home healthcare market.
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Europe home healthcare market is forecasted to grow at 7.0% with factors such as increase in cases of chronic diseases leads to the growth of the home healthcare market. Europe home healthcare market has shown an exceptional penetration in countries such as Germany, France and U.K. Although safety related concerns such as occupational hazards, sharp injuries may restrict the growth of Europe home healthcare market.
Home Healthcare Market Scenario
According to Data Bridge Market Research the market for home healthcare market, Air Liquide company is dominating the market with largest share which is approximately 21.00% to 23.00%. The company deals in various divisions such as large industries, industrial merchant, healthcare, electronics, gas and service, global markets & technologies. The company has taken various strategic decisions in order to enhance their business and also generated high revenue.
- In January 2018, Air Liquid (France) completes the acquisition of Thimar Al Jazirah Company (Saudi Arabia) in Saudi Arabia and enters into home healthcare market kingdom and expands it healthcare activity in the Middle East.
Trends impacting the market
Now the question is which other regions Air Liquide, OMRON Corporation, Koninklijke Philips N.V., B. Braun Melsungen AG are targeting? Data Bridge Market Research has forecasted a large growth in Europe elderly care market and the market leaders targeting Germany and France to be their next revenue pockets for 2020.
Home healthcare market is becoming more competitive every year with companies like Air Liquide, OMRON Corporation, Koninklijke Philips N.V., B. Braun Melsungen AG are the market leaders for home healthcare. The Data bridge market research new reports highlight the major growth factors and opportunities in the home healthcare market.
New Home Healthcare Market Development
- In September 2017, Air Liquide has launched Chronic Care Connect which is a remote monitoring solution to help patients with chronic conditions at home using digital.
Scope of the Home Healthcare Market
All analysis of the home healthcare market is further analyzed based on maximum granularity into three further segments. On the basis of products, the Europe home healthcare market is segmented into testing, screening, & monitoring products, therapeutic products and home healthcare mobility care products. On the basis of services, the Europe home healthcare market is segmented into unskilled care services, rehabilitation therapy services, short-term nursing services, hospice and palliative care services, infusion therapy services, respiratory therapy services, home health aide services, pregnancy care services and others. On the basis of software, Europe home healthcare market is segmented into clinical management systems, agency software and hospice solutions.
Key Pointers Covered in Europe Home Healthcare Market Industry Trends and Forecast to 2027
- Market size
- Regulatory framework and changes
- Recent developments for market competitors
- Sales data for market competitors
- Key vendors and disruptors study
- Supply chain competiveness
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