Home Healthcare Market (Equipment, Service & Telehealth/Telemedicine) Current Trends, Opportunities & Global Forecasts to 2016

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The geographies studied include Americas (U.S., Canada, Brazil, Mexico, and Rest of Americas), Europe (Germany, France, U.K., Italy, Spain, Russia, and Rest of Europe), Asia (India, China, Japan, South Korea, and Rest of Asia), and ROW (Pacific region which includes Australia and New Zealand, Middle East and Africa). Among all the geographies mentioned above Americas commanded the largest share of 52.1% in the year 2011 of the Global Home Healthcare Market.

Home healthcare includes support and care services and devices which are provided at the patient’s home. These care services include respiratory therapy, home infusion therapy, rehabilitation services, telehealth, unskilled home care and other services.
The most significant healthcare trend witnessed recently is the shift of treatment from hospitals to home in order to gain a cost advantage and reduce hospital expenditure. The move from treatment to proactive monitoring is also opening up new opportunities for the home healthcare market. Patients prefer home healthcare over hospitals mainly for the convenience and cost-effectiveness it offers. Third party home healthcare is witnessing huge demand due to better treatment quality ensured by trained medical professionals. The home healthcare market is expected to grow at a CAGR of 7.7% from 2011 to 2016.

This market is witnessing tremendous growth due to the rise in the aging population not only in the developed regions of the world but also in the developing countries. Awareness about the convenience and cost effectiveness offered by these equipment and services is also increasing the demand for this market. Asia displays a high CAGR owing to the rapidly increasing aging population in countries such as India, China, and Japan. Americas also maintains a stable growth mainly due to the reimbursements offered for specific equipment and the health policies of Medicaid and Medicare. Portability, customization, and automation are the key factors that home healthcare market players use to differentiate their products and services.

The geographies studied include Americas (U.S., Canada, Brazil, Mexico, and Rest of Americas), Europe (Germany, France, U.K., Italy, Spain, Russia, and Rest of Europe), Asia (India, China, Japan, South Korea, and Rest of Asia), and ROW (Pacific region which includes Australia and New Zealand, Middle East and Africa). Among all the geographies mentioned above Americas commanded the largest share of 52.1% in the year 2011 of the Global Home Healthcare Market.

The scope of the report spans the home healthcare equipment market which comprises:
Home healthcare equipment market
Home therapeutic equipment market
Respiratory care devices
Insulin delivery devices
Dialysis equipment
IV equipment
Hearing aids
Other therapeutic devices

Home self-diagnostic monitoring equipment market
Diabetes care devices
Holter monitors
Fertility monitors
Heart rate meters
Apnea and sleep monitors
Patient monitors
Other monitoring devices

Mobility assist and other equipment market
Wheelchairs and related devices
Walking assist devices
Medical furniture

Home healthcare services market
Rehabilitation service providers
Unskilled home healthcare
Infusion therapy
Respiratory therapy

Home telehealth market
Telehealth monitoring devices
Telehealth monitors
Medical peripheral devices
Blood glucose meters
Pulse oximeters
Weight Scale
Peak flow meters
Blood pressure monitors
Others
Telehealth monitoring services
Physician services
Nursing services
Managed Equipment Services

Each section of the Home Healthcare Market research report offers market data for the various market segments and geographies. It also provides market trends with respect to drivers, restraints, and opportunities.
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October 16, 2012 at 8:28 AM

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