According to a market report published by Lucintel, the future of the home healthcare market looks promising with opportunities in the testing, screening, and monitoring, therapeutic, and mobility care. The home healthcare market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are rising incidence of chronic diseases, technological advancements, increasing healthcare costs and the growing need for affordable treatment options, and government initiatives to promote home healthcare.
In this market, blood pressure monitors, blood glucose monitors, pulse oximeters, heart rate monitors, fetal monitoring devices, cholesterol monitoring devices, ECG/EKG devices, ventilators, walkers and rollators, wheelchairs are the major product segments.
Within this market, rehabilitation, infusion therapy, unskilled care, respiratory therapy, pregnancy care, hospice and palliative care are the major services. Infusion therapy expected to witness highest growth in the forecast period due to technological advancements and cost-effectiveness.
North America will remain the largest market over the forecast period due to advanced medical infrastructure, high mindfulness among patients, and relatively higher human services consumption in the region.
Fresenius, GE Healthcare, Linde Group, Mckesson, Roche, A&D Company, Bayada Home Health Care, Almost Family, Abbott Laboratories, Amedisys, Kindred Healthcare, Kinnser Software, LHC Group, Omron, and Philips are among the major manufacturers of home healthcare market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the home healthcare market by application, product, service, software, type, and region. Lucintel has prepared a comprehensive research report entitled "Home Healthcare Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the home healthcare market by applications, product, service, software, type, and region as follows:
By Applications [$M shipment analysis for 2013 – 2024]:
• Testing, Screening, and Monitoring
• Therapeutic
• Mobility Care
By Product [$M shipment analysis for 2013 – 2024]:
• Blood Pressure Monitors
• Blood Glucose Monitors
• Pulse Oximeters
• Heart Rate Monitors
• Fetal Monitoring Devices
• Cholesterol Monitoring Devices
• ECG/EKG Devices
• Ventilators
• Walkers and Rollators
• Wheelchairs
By Service [$M shipment analysis for 2013 – 2024]:
• Rehabilitation
• Infusion Therapy
• Unskilled Care
• Respiratory Therapy
• Pregnancy Care
• Skilled Nursing
• Hospice and Palliative Care
By Software [$M shipment analysis for 2013 – 2024]:
• Agency Software
• Clinical Management Systems
• Hospice Solutions
By Type [$M shipment analysis for 2013 – 2024]:
• Home Telehealth Monitoring Devices
• Home Telehealth Services
• Telehealth Software Solutions
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o United States
o Canada
o Mexico
• Europe
o United kingdom
o Germany
o France
o Italy
o Spain
• Asia-Pacific
o China
o India
o Japan
• Rest of the World (ROW)
o Brazil

This research report of more than 150 pages will enable you to make confident
business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the home healthcare market by application (testing, screening and monitoring, therapeutic, and mobility care), product (blood pressure monitors, blood glucose monitors, pulse oximeters, heart rate monitors, fetal monitoring devices, cholesterol monitoring devices, ECG/EKG devices, ventilators, walkers and rollators, wheelchairs), service (rehabilitation, infusion therapy, unskilled care, respiratory therapy, pregnancy care, skilled nursing, hospice and palliative care), software (agency software, clinical management systems, hospice solutions), type (home telehealth monitoring devices, home telehealth services, and telehealth software solutions), and region (North America, Europe, Asia-Pacific, Rest of the World(ROW))?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which regions will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the home healthcare market?
Q.5. What are the business risks and threats to the home healthcare market?
Q.6. What are emerging trends in this home healthcare market and the reasons behind them?
Q.7. What are some changing demands of customers in the home healthcare market?
Q.8. What are the new developments in the home healthcare market? Which companies are leading these developments?
Q.9. Who are the major players in this home healthcare market? What strategic initiatives are being implemented by key players for business growth?
Q.10. What are some of the competitive products and processes in this home healthcare area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M & A activities have taken place in the last 5 years in this home healthcare market?