Market Research Globe has published a report on the global home healthcare market. Report says the home healthcare market was valued at US $210.61 billion in 2013 with a CAGR of 7.8% owing to the rising geriatric population and frequent occurrence of chronic conditions that need prolonged care is expected to drive the market growth. The global market of this industry is said to reach US $355.3 billion by 2020, growing at a CAGR of 7.8% from 2014 to 2020.

Browse Full Market Research Report on Global Home Healthcare Market: http://www.marketresearchglobe.com/report/global-home-healthcare-market-analysis-market-size-application-analysis-regional-outlook-competitive-strategies-and-forecasts-2012-to-2020

The home healthcare products are in general used to a vast range of equipments and services formulated exclusively for home users or any non-medical establishments by amateur caregivers, family members, or the patients themselves. Rising adoption of telemetry/telehealth and other advance healthcare technologies will drive the market to a lucrative growth during the forecast period. Home healthcare market is rapidly getting accepted and opted as a cost efficient alternative to the hospital based therapy and hence, the increasing geriatric population along with frequent occurrence of chronic conditions that need lengthy care is predicted to have an affirmative impact on the growth. Potentially untouched developing markets of India, China and Brazil along with rising health awareness are predicted to gain profitable growth for this market in the forecast period.

Due to the popular demand for infusion therapy services and telemetry, the home healthcare services ruled the global market with a market share of more than 85% in 2013. In the home healthcare product market, diagnostics services led the total market share at 41.4% in 2013. Increasing number of population having diabetes or cardiovascular diseases has boosted the growth of this market.

With a predicted CAGR of 11.7% from 2014 to 2020, the infusion therapy is expected to be the fastest growing services market. The healthcare service providers take appropriate initiatives in order to curtail expenses linked with specialty drugs and by retail pharmacies to offer effective chronic disease management solutions are a few factors fuelling this market’s growth.

In 2013, North America was the largest regional market accrediting to more than 40% of the revenue generated. Refined healthcare and easy reimbursement infrastructure coupled with patient awareness is encouraging this market’s growth.

Improving healthcare infrastructure in developing markets of China and India along with high unmet needs is resulting in the Asia Pacific market to grow at fast CAGR of 9.7% during 2014 to 2020. With the presence of wide geriatric population base in Japan, the home healthcare market is expected to rise significantly in the forecast period.

The key industry players of this market include A&D Company (Japan), Linde Group (Germany), Roche Holdings AG (Switzerland), Fresenius SE & Co. KGaA (Germany), Abbott Laboratories (U.S.), Almost Family Inc. (U.S.), Johnson & Johnson (U.S.), McKesson Corporation (U.S.), Kinnser Software, Inc. (U.S.), LHC Group (U.S.), Philips Healthcare (Netherlands), Omron Healthcare (Japan), Kindred Healthcare (U.S.), Apria Healthcare Group (U.S.), Amedisys Inc. (U.S.), Baxter international Inc., Nxstage Medical, Inc., Graham-Field health products Inc., Arkray Inc., Hill-Rom holdings Inc. and a few others.

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The global home healthcare market is segmented based on product, services and region:

1) Global Home Healthcare Market - Product Segment Analysis

- Therapeutic equipment
• Home respiratory therapy equipment
• Home insulin delivery devices
• Home IV pumps
• Other therapeutic equipment
• Home dialysis equipment

- Home diagnostic equipment
• Home diabetes care devices
• Home blood pressure monitors
• Home multi-parameter patient monitors
• Home pregnancy and fertility tests
• Other self monitoring equipment
• Apnea and sleep monitors
• Holter monitors
• Heart rate meters

- Mobility assist and other equipment
• Wheelchairs and related devices
• Home medical furniture
• Walking assist devices

2) Global Home Healthcare Market - Services Segment Analysis

• Rehabilitation service providers
• Unskilled home care
• Respiratory therapy services
• Infusion therapy
• Telemetry

3) Global Home Healthcare Market - Regional Segment Analysis

• North America
• Europe
• Asia Pacific
• RoW

4) Global Home Healthcare Market - Competitive Landscape

Almost Family Inc.
B. Braun Melsungen AG
Abbott Laboratories
Sunrise Medical Inc.
3M Healthcare
Baxter International Inc.
Medtronic Inc.
Cardinal Health Inc.
Roche Diagnostics Corp.
Air Liquide
Arcadia Resources, Inc.
Bayer Healthcare AG
Amedisys, Inc.
Nxstage Medical, Inc
Arkray Inc.
Apria Healthcare Group
Odyssey Healthcare Inc.
Becton, Dickinson And Company
Critical Homecare
National Healthcare Corp.
Omron Healthcare, Inc.
Drive Medical Design & Manufacturing
Chubb Community Care
Gambro AB
GE Healthcare
Medline Industries Inc.
Philips Healthcare
Medco Health Solutions Inc.
Graham-Field Health Products Inc.
Hill-Rom Holdings Inc.
Gentiva Health Services Inc
Johnson & Johnson
Linde Healthcare
Lincare Holdings, Inc.
Kinetic Concepts
Carefusion
Covidien
Vygon
Teleflex
Terumo
Moog Inc.
Intersurgical
Fresenius Kabi

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