Within the overall healthcare industry, home healthcare represents a small, but exciting opportunity that will grow immensely in the years ahead. The key drivers for the home healthcare industry include the increasing prevalence of chronic diseases, favorable demographics, increasing disposable incomes, and quest for better preventive care.
The global home healthcare market is expected to reach USD 368B by 2020 at a CAGR of 8.0% during the forecast period.
The home healthcare market in India is fragmented and comprises of some exciting start-ups; hospitals that have entered the segment; hospitals that have aligned with home healthcare providers; large MNCs and VC-backed firms.
The Indian home healthcare market is expected to reach USD 6.2B by 2020 at a CAGR of 18.0% during the forecast period.
Indian home healthcare companies are focused on elderly care; rehabilitation; diabetes management. There is a clear focus on innovation, and companies are looking to bank on wearable medical devices that can record patient data in real time and can trigger alerts in the system for quick and pre-emptive action.
The CMR IMG report will help readers to get the big picture on the Indian Home Healthcare Sector. Readers will be able to understand current demand and supply drivers in the home healthcare market, and the major market drivers, restraints, opportunities, and challenges facing this sector.
The report segments the home healthcare market based on devices and services.
Key market players include Portea Medical; Unique Home Healthcare; India Home Healthcare; Nightingales; Homital; Pramaticare; Max Home Healthcare.
Download the (IMG) Initial Market Guidance Report of Home Healthcare Industry for 2016 absolutely free. Just click the link below to download.
CMR’s India Home Healthcare Report 2016