Home Healthcare Market - Forecast(2021 - 2026)
Home Healthcare Market Overview: According to the World Health Organization (WHO), cancer, diabetes, lung, and heart diseases are responsible for the death of 41 million people annually, accounting for 71% of the deaths globally[1]. While the figures are disquieting, and the prevalence of fatalities due to these diseases is a major concern to the healthcare sector, the people suffering from such diseases prefer in-home care that is creating a myriad of opportunities in the home healthcare market . The global home healthcare market size hovered between $230 billion to $248 billion as of 2018. Furthermore, the demand for home healthcare will observe a remarkable CAGR of 7.2% to 8% during the forecast period of 2019 to 2025. North America boasts of the most advanced healthcare facilities that also include home healthcare services and products. Additionally, there is a discernible escalation in the number of people suffering from various diseases, which is coupled with the better insuranc...