Tuesday, 24 March 2020

Global Home Healthcare Market Outlook to 2025:


The report titled “Global Home Healthcare Market Outlook to 2025– By Patient Profile (Elderly Care, Rehabilitation, Physiotherapy, Wound Care and Others), By Age Group in Years (Mother and Infant, Below 25, 25-40, 40-65 and 65 & Above) and By Region (USA, Germany, UK, Canada, Japan, Australia, China, India, South Africa, UAE and Others)” gives an in depth, comprehensive study on the home healthcare market globally. The report covers various aspects including overview and value chain of the market, global home healthcare trends, market size by revenue along with segmentations for four regions (America, Europe, Asia-Pacific and Middle East and Africa). Country profile for 9 countries (USA, Canada, Germany, U.K., Australia, Japan, India, South Africa and UAE), including regulatory scenario, overview, market size, market trends, challenges, recent regulations, competitive scenario and future, along with segmentation by age group, patient profile, service stream and business model is present. A detailed snapshot on China home healthcare market is also present. The report also covers challenges faced in the market, the Porter’s Five Forces model, company profiles of major players, their cross comparison tables on the basis of locations, number of patients/clients, employee size and revenue. The report concludes with the future predictions of the above mentioned sections along with analyst recommendations which include strategies for existing players/new players to have a prominent position in this market.
Global Home Healthcare Market Overview and Size
The global home healthcare market has been observed to be at the growth stage, with the competition being moderately concentrated in the global market. However, in developing countries, the market is fragmented owing to presence of various companies operating in the market as a result of low barriers to entry. Across the globe, hospitalization costs are surging and quality of nursing homes and residential care facilities is reported to be deteriorating. This has paved the way for quality in-home care. The industry is booming with major players expanding their global footprint and investing in growth markets such as India, China and Germany.
Global Home Healthcare Market Segmentation
By Region (Americas, Europe, Asia-Pacific and Middle East and Africa):

The Americas region contributed the highest revenue percentage share in the global market as the United States of America is the leading market of home healthcare with one of the most comprehensive regulations governing the providers and has presence of a well organized market. Home Healthcare Market in European countries such as UK and Germany is also well organized and regulated, complimented by the high geriatric share of population in these countries. The APAC region has the highest growth rate owing to vibrant investment opportunities. However, MEA region has the lowest share of revenue as the geriatric population is comparatively lower in the region and laws pertaining to home healthcare are not present in most countries.
By Age Group (Mother and Infant, Below 25 Years, 25-40 Years, 40-65 Years and 65 Years & Above)
Across all countries, the demand for home healthcare is highest amongst the elderly and middle aged population, followed by mother and infant segment due to rising caesarean and premature deliveries with complex care needs. Children are usually dependent on parents for care and require home healthcare mostly in cases of mental illness or chronic diseases. Government home care schemes are also targeted only at the elderly population, except in a few countries, mainly in North America and Europe.
By Patient Profile (Elderly Care, Rehabilitation, Physiotherapy, Wound Care and Others)
Elderly care is the largest segment for home healthcare services, contributing more than 50% share in various countries. Between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22% and 80% of all older people will live in low- and middle-income countries. Furthermore, as people age, they are more likely to experience several conditions at the same time. Rehabilitation services commonly include occupational and physical therapy, speech therapy, stroke rehabilitation, post-op and post-trauma care. Apart from physiotherapy and wound care, other services such as lab at home, pharma at home and Dementia/Alzheimer’s care have also witnessed growth in developed and emerging markets.
Competitive Landscape in Global Home Healthcare Market
Most of global home healthcare leading players are based out of the U.S. and UK. However, , there are a lot of consolidation activities taking place regionally specifically in the developing markets. One of the recent such transaction was the acquisition of Almost Family by LHC leading to a jump in its current year revenues by USD 800 million. Companies such as Healthcare at Home, Bayada, Right at Home and Home Instead Senior Care are actively looking for expansion opportunities overseas, including countries such as India, China and Germany. Kindred Healthcare, one of the leading players in the US is set to separate its home health, hospice and community care businesses resulting into a standalone company, owned 40% by Humana, whereas Bayada converted its business into a not-profit one in order to prevent any future takeover. It is anticipated that many players will start investing heavily in tech based models/innovations in the coming years to stay ahead from their competition.
Global Home Healthcare Future Market and Projections
The growth of home healthcare market in the past decade was largely limited to America and Europe. The next hotspot for the industry is APAC region, with the highest projected CAGR for 2019-2025. Growth in developed countries such as U.S.A. and Japan will be driven by technology. Comprehensive regulations related to home healthcare still have a long way to go in countries such as India, UAE and South Africa, whereas China has already initiated some reforms for industry growth. Government focus in other countries is largely on elderly care, and therefore other segments are highly dependent on private financing and insurance.
Key Segments Covered:-
Global Home Healthcare Market
By Region
America
Europe
Asia Pacific
Middle East and Africa
By Countries
USA
Canada
Germany
UK
Australia
Japan
India
South Africa
UAE
Snapshot on China Home Healthcare Market
By Age Group
Mother and Infant
Below 25
25-40
40-65
65 Above
By Patient Profile
Elderly Care
Rehabilitation
Physiotherapy
Wound Care
Others (COPD, Lab Tests, Injections, Dementia Care etc.)
By Service Stream
Staff & Support Service (Nurses, Doctors, Assistants and Support Software)
Rental Service (Equipment/Lab/Pharma)
Key Target Audience:-
Home Healthcare Agencies
Healthcare Device Manufacturing Companies
Healthcare Software Companies
Home Care Companies
Nursing/Elderly Care Companies
Government Health Departments/Ministry of Health
Nursing Associations
Home Care Associations
Elderly Care Associations/Companies
Healthcare Consulting Companies
Home Healthcare NGOs and Non-Profit Organizations
Time Period Captured in the Report
Historical Period: 2014-2019
Forecast Period: 2020F-2025F
Companies Covered:-
Healthcare at Home
Kindred Healthcare
Home Instead Senior Care
LHC Group
Bayada
Amedisys
Almost Family
Encompass Health Corporation
Addus Homecare
Right at Home
Portea Medical (Healthvista India Pvt. Ltd.)
Key Topics Covered:-
Global Home Healthcare Market Overview
Global Home Healthcare Market Size
Global Home Healthcare Market Trends and Challenges
Global Home Healthcare Market Porter’s Five Forces
Global Home Healthcare Market Ecosystem and Industry Value Chain
Global Home Healthcare Market Segmentation (By Region, Age Group and Patient Profile)
America Home Healthcare Market Size and Segmentation (By Age Group and Patient Profile)
Europe Home Healthcare Market Size and Segmentation (By Age Group and Patient Profile)
APAC Home Healthcare Market Size and Segmentation (By Age Group, Patient Profile, Service Stream and Business Model)
MEA Home Healthcare Market Size and Segmentation (By Age Group, Patient Profile and Service Stream)
Country Profiles of USA, Canada, Germany, UK, Australia, Japan, India, South Africa and UAE
Country Snapshot of China Home Healthcare Market
Company Profiles of Major Players in Global Home Healthcare Market
Cross Comparison of KPIs of Major Players in Global Home Healthcare Market
Global Home Healthcare Future Market Outlook and Segmentations
Analyst Recommendations
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1 comment:

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    Older Care Physiotherapy in Bhopal

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