The Global Home Healthcare Market is projected to driven by aging population
Key players operating in the Home Healthcare Market Size are PerkinElmer Inc., Siemens Healthineers, DiaSorin S.p.A., and IBL International GmbH.
The growing demand for cost-effective healthcare delivery along with the rising prevalence of chronic diseases and medical conditions is boosting the home healthcare market. An increasing number of patients preferring home healthcare over expensive hospital stays are driving the market growth globally.
With advancements in medical technology, home-based testing and monitoring devices for diseases like diabetes and respiratory conditions have made disease management more convenient at home. This has further increased the scope of home healthcare services worldwide.
This can be ascribed to rising healthcare investments by emerging economies like India and China coupled with expanding medical technologies and insurance coverage in the region. Governments are supplementing healthcare modernization programs to cater digitally enabled home-based services, thereby promoting the industry scale in Asia Pacific.
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