Home Healthcare Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Home Healthcare Market Size, Market Share, Application

Analysis, Regional Outlook, Growth, Trends, Competitive

Scenario And Forecasts, 2012 To 2020

Industry Insights

The U.S. Food and Drug Administration (FDA) have declared to provide closer overview of home

healthcare equipment in the United States. The U.S. expenditure for homecare was around USD 57.6

billion in 2007, published by U.S. FDA. Growth drivers for home healthcare market are increasing base of

geriatric population.

People over 65 years of age attract chronic medical conditions like asthma, diabetes, chronic obstructive

pulmonary disease and others which require frequent routine health monitoring and health delivery

services. Insurance regulators, government standard organizations, equipment manufacturers are

cumulatively focusing on development and surveillance of home healthcare equipment with respect to

safety, comfort and product usability for caretakers and patients.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Home healthcare market is expected to grow lucratively during the forecast period owing to paradigm

shift of clinical facilities to the home settings as it is more convenient, effective and safe. Home

healthcare products such as denture cleaners, seat lift and others lie in to the category of

technologically advanced product range.

Product Insights

The global home healthcare market on the basis of products is segmented into diagnostic equipment,

therapeutic equipment, and mobility assists. Diagnostic product segment emerged as market leader and

accounted for 41.6% of the overall home healthcare product market in 2013. It is expected to gain share

over the forecast period, owing to increasing prevalence of diabetes, cardiovascular and

cardiopulmonary diseases, patient awareness levels, growing prevalence...