Home Healthcare Market Focus on Opportunities, Development Strategy by 2028

Posted by Savni on February 23rd, 2023

According to our latest market research study on “Home Healthcare Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Service, and Indication,” the market is expected to reach US$ 621,565.89 million by 2028 from US$ 315,139.27 million in 2020; it is estimated to grow at a CAGR of 8.9% from 2020 to 2028. The report highlights the trends prevailing in the market, along with market drivers and deterrents.

The COVID-19 pandemic is having the mixed impact on the home healthcare market. Since the home healthcare sector comprises both products and services, each has its own set of effects. The outbreak pandemic will positively impact on sales variety of home healthcare monitoring devices, such as blood glucose monitors, blood pressure monitors, pulse oximeters, and temperature monitors. On the other side, disruptions in the supply chain caused due to the halt in global operations are hindering the market growth. 

 A few prominent players operating in the home healthcare market are Fresenius SE & Co. KGaA; General Electric Company; LINDE; F. HOFFMANN-LA ROCHE LTD.; A&D Company, Limited; LHC Group, Inc.; BAYADA Home Health Care; Invacare Corporation; Abbott Care; Amedisys; and Kindred Healthcare, LLC.

Competitive scenario:

The study assesses factors such as segmentation, description, and applications of Home Healthcare industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.

Scope of the Report:

The research on the Home Healthcare Market focuses on miningout valuable data on investment pockets, growth opportunities, and major marketvendors to help clients understand their competitor’s methodologies. Theresearch also segments the Home Healthcare Market on the basis of end user,product type, application, and demography for the forecast period2022–2028.  Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

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