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Research and Markets: Global Home Healthcare Market Forecasts & Opportunities, 2018DUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/64q7cs/global_home) has announced the addition of the "Global Home Healthcare Market (2013 - 2018)" report to their offering. The home healthcare equipment and services market is predicted to grow to between 6% to 8% year on year for the next five years. The market is estimated to reach $345 billion by 2020. The demand for home healthcare services is growing at a steady pace across the globe. Increasing costs of in-hospital care and the comfort of convalescing at home are making home healthcare affordable and desirable in both developed and developing nations. Better and cheaper medical devices have moved the diagnosis of various ailments from hospitals to the living room. People suffering from chronic ailments such as cardiovascular diseases, cancer, respiratory diseases and diabetes prefer home healthcare services. The services for geriatric ailments, physical, occupational and speech therapies, and personal care are rapidly becoming a necessity more than luxury. Currently, over 70% of those using home healthcare services belong to the age group of 65-75 years or older. The World Bank estimates that by 2050, close to 21% of the world population will be over 60 years old, making home healthcare a key sector to be followed. The market in Asia for healthcare equipment alone is set to grow from $3bn currently to $11 bn by 2016. This presents a huge growth opportunity for Home Healthcare providers who are looking for opportunities in countries other than the U.S where the growth is almost stable, but tied to reimbrsements from Medicare and Medic-aid policies. Developing countries like India are the high-growth regions. Many players have already started cashing in on this opportunity. The US-based BAYADA Home Healthcare has recently acquired a 26% stake in India-based Indian Home Healthcare (IHHC). The home healthcare market is an aggregate of home health products and services. Awareness about the convenience and cost effectiveness offered by these products and services is also increasing the demand for this market. Advanced economies also maintain a stable growth mainly due to reimbursements offered for specific equipment and health policies of government and private entities. Portability, customization, ease of use, and automation are the key factors that home healthcare market players use to differentiate their products and services. Scope Products
Services
Key Topics Covered: 1. Global Home Healthcare - Market Overview 2. Executive Summary 3. Global Home Healthcare - Market Landscape 4. Global Home Healthcare - Market Forces 5. Global Home Healthcare Market - Strategic Analysis 6. Home Healthcare Services Market 7. Home Healthcare Market - By Type of Aliment / Disease / Problem 8. Home Healthcare Products / Equipment Market 9. Geographic Analysis 10. Market Entropy 11. Investment Opportunities - Analysis by Target (News - Alert) companies/customers, Capital Investments, ROI, Payback Period and Source of Funds. 12. Company Profiles
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