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Increase in the Number of Regional Startups Propels the Growth of the Global Home Healthcare Market

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According to the MarkNtel Advisors’ research report, “Global Home Healthcare Market Analysis, 2021,” the market is likely to grow at a CAGR of 9.5% during 2021-26 due to the increasing aging population worldwide and increasing preferences of consumers towards value-based healthcare services. Besides, the surging need for patient-centric healthcare services also aids the demand for home healthcare solutions & services, thereby backing the overall market growth. However, strict reimbursement policies, safety issues associated with patients, and low insurance coverage are a few factors that hinder the market growth.

Key questions answered in the study
1. What are the current and future trends in the Global Home Healthcare market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global Home Healthcare market?
5. What is the customer orientation, purchase behavior, and expectations from the Global Home Healthcare market service providers across various regions?

Get the sample copy of the market analysis: https://www.marknteladvisors.com/query/request-sample/global-home-healthcare-market.html

Impact of COVID-19 on the Global Home Healthcare Market
With the outbreak of the COVID-19 pandemic, the Global Home Healthcare Market witnessed a positive impact on its growth rate. It is due to the rising demand for home healthcare consultation services owing to the lockdown imposed and restrictions on the movement of people. Further, due to the spread of the pandemic, the sales of home healthcare devices like oximeter and thermometer increased, thereby accelerating the growth of the Home Healthcare Market across the globe.

“Global Home Healthcare Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Home Healthcare providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors’ success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate ‘Go to Market’ strategies and identify the blue ocean for their offerings.

Blood Pressure Monitor Exhibits Fastest Growth
Based on the Product, the market segments into Testing, Screening, & Monitoring Products, Health Maintenance and Promotion Devices, Diagnostic Devices, IT & Software, and Services. The ‘Testing, Screening, & Monitoring Products’ segment further bifurcates into Blood Glucose Monitors, Blood Pressure Monitors, Pulse Oximeters, Sleep Monitoring Devices, Activity Monitors & Wristbands, and Temperature Monitors. The Blood Pressure Monitor segment is likely to grow at a considerable rate during the forecast period due to the high demand for Blood Pressure Monitors for constantly self-monitoring blood pressure for early diagnosis of any complications.

Further, it is beneficial for encouraging the sense of responsibility for better control and helps in cost-cutting of high medical bills. Hence, based on these factors, the Blood Pressure Monitor segment is likely to contribute to the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, “Global Home Healthcare Market Analysis, 2021.”

According to MarkNtel Advisors, the major leading players in the Global Home Healthcare Market are Fresenius SE & Co. KGaA, GE Healthcare, Linde plc, F. Hoffmann-La Roche Ltd, Amedisys, Kindred at Home, LHC Group, Inc., Asensus Surgical, Inc., Caremax Rehabilitation Equipment Co., Ltd, Vitalograph, advita Pflegedienst GmbH, and RENAFAN GmbH.

Market Segmentation:
1. By Product (Testing, Screening, & Monitoring Products [Blood Glucose Monitors, Blood Pressure Monitors, Pulse Oximeters, Sleep Monitoring Devices, Activity Monitors & Wristbands, Temperature Monitors, Others {Coagulation Monitoring Products, Ovulation & Pregnancy Test Kits, Cholesterol Monitoring Devices, etc.}], Health Maintenance and Promotion Devices [Dental Connected Devices, Acoustic and Ear Buds, Location Tracker Devices, Connection Hub Devices, Mental Health Promotion Devices, Elderly Assistance Devices, Nutrition Management Devices, Air Quality & Humidification Devices, Pain Management Devices, Other Devices], Diagnostic Devices, IT and Software, Services (Including SaaS) [Monitoring and Diagnostic Devices, Health Maintenance and Promotion, Patient Caregiving {Assistive Care, Nursing Care}, Maternity and Child Care, Elderly Care, Big Data, Storage, and Analytics, Security and Value-Added Services])
2. By Purpose (Chronic, Infectious, Nutrition & General Consultancy)
3. By End-User (Independent Homes/Villas, Elderly Care Homes, Others)
4. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
5. By Country (U.S, Canada, Brazil, Argentina, Mexico, Germany, France, The U.K, The Netherlands, Spain, Italy, China, India, Japan, Australia, South Korea, UAE, Saudi Arabia, South Africa)
6. By Competitors (Fresenius SE & Co. KGaA, GE Healthcare, Linde plc, F. Hoffmann-La Roche Ltd, Amedisys, Kindred at Home, LHC Group, Inc., Asensus Surgical, Inc., Caremax Rehabilitation Equipment Co., Ltd, Vitalograph, advita Pflegedienst GmbH, RENAFAN GmbH)

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