Dublin, May 05, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/n8w4vw/home_healthcare) has announced the addition of the "Home Healthcare Global Market - Forecast to 2020" report to their offering.
Global home healthcare market is expected to reach more than $300+ billion growing at a CAGR of around 8.0%
The home healthcare equipment market is expected to grow at a faster rate compared to home healthcare services market. Home healthcare is gaining a tremendous attention over hospitals for the sophistication, ease and privacy of treatment it offers. Increased in-hospital care cost, comfort of recovering at home and enhanced age-related chronic diseases in developing as well as developed countries are factors driving the overall growth of home healthcare market. Whereas factors such as poor technology adoption, weak reimbursement policies and rapidly changing technologies are hampering the market growth.
Moreover, high capital costs, medical equipment, human resources and conventional model of business are the challenges faced by home healthcare market. The opportunities increasing the market trend is attributed to medical insurance by governments or organizations and cost-effectiveness.North America adopting novel technologies and portable diagnostic devices accounts for the largest share in the home healthcare market. While Europe with the presence of well-equipped healthcare reimbursement structure is the second leading market. Asia-Pacific is expected to grow at the highest CAGR driven by the aging population in countries such as India, China, and Japan.
The major players operating in the home healthcare market include Johnson and Johnson (U.S.), Braun (Germany), GE Healthcare (U.K.), Baxter International (U.S.), Philips Healthcare (Netherlands), Medtronic (U.S.), Abbott Laboratories (U.S.), Invacare (U.S.) and others.
Key Topics Covered:
1. Executive Summary
2. Introduction
3. Market Analysis
4. Home Healthcare Therapeutic Equipment Market
5. Home Healthcare Services Market
6. Home Healthcare Telehealth Market
7. Regional Market Analysis
8. Company Developments
9. Major Company Profiles
- Abbott Laboratories
- Baxter International
- Braun
- Novo Nordisk
- GE Healthcare
- Invacare
- Johnson and Johnson
- Medtronic
- Philips Healthcare
- Roche Holding AG
For more information visit http://www.researchandmarkets.com/research/n8w4vw/home_healthcare