This report aims to provide detailed insights into the global home healthcare market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.
Expected Revenue Growth:
The Home Healthcare Market is projected to reach USD 274.7 billion by 2025 from USD 181.9 billion in 2020, at a CAGR of 8.6% during the forecast period.
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Key Factors Driving Market Growth:
The Rapid growth in the elderly population, the rising incidence of chronic diseases, the growing need for cost-effective healthcare delivery due to the increasing healthcare costs, and technological advancements of home care devices are the major factors driving the growth of home healthcare market.
In 2019, the dialysis equipment segment accounted for the largest share of the home healthcare therapeutic products market
Based on therapeutic products, the global home healthcare market is segmented into oxygen delivery systems, nebulizers, ventilators, sleep apnea therapeutic devices, wound care products, IV equipment, dialysis equipment, insulin delivery devices, and other products (ostomy devices and automated external defibrillators). Dialysis equipment accounted for the largest share of the home healthcare therapeutic products market in 2019. Technological advancements and the launch of new products that are safe and easy to use in home care settings, and growing awareness about home therapies are some other major factors driving the growth of the home dialysis market
The diabetes indication segment is expected to grow at the highest CAGR during the forecast period
By indication type, the global home healthcare market is segmented into cancer, respiratory diseases, mobility disorders, cardiovascular diseases & hypertension, pregnancy, wound care, diabetes, hearing disorders, and other indications. The diabetes segment is expected to register the highest CAGR during the forecast period. The increasing number of diabetic patients mainly drives growth in this market. Moreover, monitoring blood sugar at home helps arrive at an overall diabetes treatment plan and aids in managing the medications for blood sugar, diet, and exercise.
Home Healthcare Market: Emerging Trends and Key Players Analysis
But it can also be physically and mentally exhausting, which is why family caregivers should seek help and take regular breaks.
Caregivers can take care of their own needs and manage their stress levels while they are away.
Here are some facts regarding respite care and why it is a good idea for caregivers and their aging relativesIt benefits seniorsRespite care at home is more than simply a momentary break for family caregivers.
Being removed from their caregivers also allows elders to seek advice and ideas from unbiased individuals, seeing things more clearly.
Your loved one's requirements determine personal care alternatives.
Respite care is available for family carers who are having trouble sleeping at night.
Remote patient monitoring, also referred to as remote physiologic monitoring, is the usage of digital technologies to monitor and capture medical and other health data from patients and electronically transmit these details to healthcare providers for assessment and, when necessary, recommendations and instructions.Remote Patient Monitoring Devices are used for digital number of a person's medical health data from location, and electronically transmit the info to healthcare providers in different position for recommendation and assessments.
The monitoring devices collect wide selection of healthcare data from the point-of-care testing, which includes blood pressure, blood oxygen levels, heart rates, electrocardiograms, and blood sugar.
The data obtained through the devices is then transmitted to health professionals in facilities such as hospitals, intensive care units, and nursing facilities for further assessment.Common examples of remote health monitoring devices include continuous glucose monitors that remind diabetes patients to take their insulin, while allowing their physician to monitor the disease, digital blood pressure monitors that enable patients to remotely send physicians their blood pressure and blood oxygen levels.To put it simply, where remote patient monitoring identifies the usage of a particular technology to facilitate interaction between clinicians and patients at home, telehealth is a broader term that identifies the entire industry, methodology and technologies that enable that form of healthcare.Humana has embraced both eVisits and remote patient monitoring.
Along with Blue Cross Blue Shield and United Health, Humana will reimburse healthcare providers for remote visits with patients of all plans even yet in states that don't require them to accomplish so.Besides, doctors have to cover effort to be able to engage patients and motivate them to use RPM.
And finally, the key drawback of this technology is the unproved accuracy of devices.
So long as the chance of imprecision exists, the effectiveness of RPM will remain uncertain to many.Read More@ https://bit.ly/3ikmM4H
Here are some facts about elderly depression along with the ways to deal with it.Do you feel hopeless, distressed and tired all the time?Are you not interested in activities and social life anymore?Do you feel trouble sleeping, functioning and eating?If you have been feeling such things for a time, chances are you may be experiencing depression.Depression is a common mental health disorder among the elders in the USA.
As they age, they have to go through a lot of changes—the death of a spouse, stressful life events, not having someone, and aggravating health problems.
The symptoms of elderly depression can affect every aspect of life, from energy, appetite, interest in work, relationships and sleep.Sadly, not all depressed elders are able to identify the signs of depression or don’t take the help they require.Here we have rounded up some bewildering facts about elderly depression.
[source]Signs of elderly depression can be triggered by other elderly diseases like Alzheimer’s disease, Parkinson’s disease, heart disease, arthritis and cancer.
[source]One-third of widows/widowers are prone to depression in the first month after the demise of their spouse.
[source]Aged patients of depression generally have to pay 50% higher healthcare costs than non-depressed counterparts.
You first need to know what options are available and then decide what level of support is most appropriate.
Services, facilities and prices will vary across location and providers.
If needed, physical alterations can be made to improve the safety of your home.
Rails, mobility aids, gadgets and technology all exist to enhance our environment.
For Jeanette, she felt she still had a choice.
Home care is less expensiveFull-time residential care is expensive because it needs to be.
Technology has brought about transformational changes in the healthcare industry over the past few years.
Medical establishments can now depend on their technology partners to provide them with healthcare technology solutions per their particular needs at reasonable costs.The healthcare industry is now constantly evolving, with new cures discovered daily.
The following are five salient benefits that technology has provided in the healthcare sector.Information when you need itPeople looking for a quick diagnosis of their symptoms usually consult the internet to understand the underlying causes for their ailment better.
It allows healthcare facilities to provide their patients with a seamless experience, thus allowing them to treat more patients in a day.
Robots that doctors control via a computer can carry out surgeries equipped with cameras, mechanical arms, and surgical instruments.
These robots assist doctors with a three-dimensional, magnified view of the surgical site, which significantly helps in the surgery.Faster Medical ResultsEarlier it would take anywhere from a couple of weeks to a month to get the test results.
Extended Care House Call provides “home health care in Louisville KY”.
Our nurse practitioners provide support for households, assistant patients by providing personal care as, bathing, dressing, grooming, medication, food, etc.
Schedule an appointment for home health care providers in Louisville KY.
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global smoke evacuation systems market was worth USD 114.3 million in the year 2020.
The data generated by the study revealed the market is estimated to grow at a CAGR of 6.5%, earning revenue of around USD 176.5 million by the end of 2027.
Smoke evacuation systems are in high demand due to the increase in surgical procedures and the increasing use of heat-generating medical devices and equipment.
However, the growth is still limited in emerging economies such as India, Japan, China, etc.
Countries like South Korea and China are becoming hubs for cosmetic and dermatologic surgeries, which means the local industry, as well as global players, are exposed to enormous opportunities to become the leading smoke evacuation systems manufacturer.Recommendation by Government and Professional OrganizationsMany government and professional organizations are making recommendations for the efficient use of medical equipment and devices while also ensuring the safety of healthcare professionals and hospital staff.
For instance, Occupational Safety and Health Organization (OSHA) recommends the adoption of smoke evacuation systems for ensuring maximum safety at the surgical sites.Global Smoke Evacuation Systems Market - By End-UserBased on end-users, the global smoke evacuation systems market is segmented into hospitals, ambulatory surgery centers, cosmetic surgery centers, dental clinics, and veterinary healthcare providers.
But it can also be physically and mentally exhausting, which is why family caregivers should seek help and take regular breaks.
Caregivers can take care of their own needs and manage their stress levels while they are away.
Here are some facts regarding respite care and why it is a good idea for caregivers and their aging relativesIt benefits seniorsRespite care at home is more than simply a momentary break for family caregivers.
Being removed from their caregivers also allows elders to seek advice and ideas from unbiased individuals, seeing things more clearly.
Your loved one's requirements determine personal care alternatives.
Respite care is available for family carers who are having trouble sleeping at night.
Extended Care House Call provides “home health care in Louisville KY”.
Our nurse practitioners provide support for households, assistant patients by providing personal care as, bathing, dressing, grooming, medication, food, etc.
Schedule an appointment for home health care providers in Louisville KY.
Remote patient monitoring, also referred to as remote physiologic monitoring, is the usage of digital technologies to monitor and capture medical and other health data from patients and electronically transmit these details to healthcare providers for assessment and, when necessary, recommendations and instructions.Remote Patient Monitoring Devices are used for digital number of a person's medical health data from location, and electronically transmit the info to healthcare providers in different position for recommendation and assessments.
The monitoring devices collect wide selection of healthcare data from the point-of-care testing, which includes blood pressure, blood oxygen levels, heart rates, electrocardiograms, and blood sugar.
The data obtained through the devices is then transmitted to health professionals in facilities such as hospitals, intensive care units, and nursing facilities for further assessment.Common examples of remote health monitoring devices include continuous glucose monitors that remind diabetes patients to take their insulin, while allowing their physician to monitor the disease, digital blood pressure monitors that enable patients to remotely send physicians their blood pressure and blood oxygen levels.To put it simply, where remote patient monitoring identifies the usage of a particular technology to facilitate interaction between clinicians and patients at home, telehealth is a broader term that identifies the entire industry, methodology and technologies that enable that form of healthcare.Humana has embraced both eVisits and remote patient monitoring.
Along with Blue Cross Blue Shield and United Health, Humana will reimburse healthcare providers for remote visits with patients of all plans even yet in states that don't require them to accomplish so.Besides, doctors have to cover effort to be able to engage patients and motivate them to use RPM.
And finally, the key drawback of this technology is the unproved accuracy of devices.
So long as the chance of imprecision exists, the effectiveness of RPM will remain uncertain to many.Read More@ https://bit.ly/3ikmM4H
Here are some facts about elderly depression along with the ways to deal with it.Do you feel hopeless, distressed and tired all the time?Are you not interested in activities and social life anymore?Do you feel trouble sleeping, functioning and eating?If you have been feeling such things for a time, chances are you may be experiencing depression.Depression is a common mental health disorder among the elders in the USA.
As they age, they have to go through a lot of changes—the death of a spouse, stressful life events, not having someone, and aggravating health problems.
The symptoms of elderly depression can affect every aspect of life, from energy, appetite, interest in work, relationships and sleep.Sadly, not all depressed elders are able to identify the signs of depression or don’t take the help they require.Here we have rounded up some bewildering facts about elderly depression.
[source]Signs of elderly depression can be triggered by other elderly diseases like Alzheimer’s disease, Parkinson’s disease, heart disease, arthritis and cancer.
[source]One-third of widows/widowers are prone to depression in the first month after the demise of their spouse.
[source]Aged patients of depression generally have to pay 50% higher healthcare costs than non-depressed counterparts.
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global smoke evacuation systems market was worth USD 114.3 million in the year 2020.
The data generated by the study revealed the market is estimated to grow at a CAGR of 6.5%, earning revenue of around USD 176.5 million by the end of 2027.
Smoke evacuation systems are in high demand due to the increase in surgical procedures and the increasing use of heat-generating medical devices and equipment.
However, the growth is still limited in emerging economies such as India, Japan, China, etc.
Countries like South Korea and China are becoming hubs for cosmetic and dermatologic surgeries, which means the local industry, as well as global players, are exposed to enormous opportunities to become the leading smoke evacuation systems manufacturer.Recommendation by Government and Professional OrganizationsMany government and professional organizations are making recommendations for the efficient use of medical equipment and devices while also ensuring the safety of healthcare professionals and hospital staff.
For instance, Occupational Safety and Health Organization (OSHA) recommends the adoption of smoke evacuation systems for ensuring maximum safety at the surgical sites.Global Smoke Evacuation Systems Market - By End-UserBased on end-users, the global smoke evacuation systems market is segmented into hospitals, ambulatory surgery centers, cosmetic surgery centers, dental clinics, and veterinary healthcare providers.
You first need to know what options are available and then decide what level of support is most appropriate.
Services, facilities and prices will vary across location and providers.
If needed, physical alterations can be made to improve the safety of your home.
Rails, mobility aids, gadgets and technology all exist to enhance our environment.
For Jeanette, she felt she still had a choice.
Home care is less expensiveFull-time residential care is expensive because it needs to be.
Technology has brought about transformational changes in the healthcare industry over the past few years.
Medical establishments can now depend on their technology partners to provide them with healthcare technology solutions per their particular needs at reasonable costs.The healthcare industry is now constantly evolving, with new cures discovered daily.
The following are five salient benefits that technology has provided in the healthcare sector.Information when you need itPeople looking for a quick diagnosis of their symptoms usually consult the internet to understand the underlying causes for their ailment better.
It allows healthcare facilities to provide their patients with a seamless experience, thus allowing them to treat more patients in a day.
Robots that doctors control via a computer can carry out surgeries equipped with cameras, mechanical arms, and surgical instruments.
These robots assist doctors with a three-dimensional, magnified view of the surgical site, which significantly helps in the surgery.Faster Medical ResultsEarlier it would take anywhere from a couple of weeks to a month to get the test results.