Industryno106 Dec, 2021Business
The global home healthcare market is growing at a significant pace i.e., at 8.1 CAGR during 2021-2027 owing to robust growth in the geriatric population, increasing incidences of chronic diseases, rising demand for cost-effective healthcare delivery, technological development in-home care devices. Nevertheless, the rising prominence of telehealth and untapped emerging regions will create opportunities for players in the home healthcare market. The COVID-19 outbreak has shifted the trend from hospital care to home healthcare, as a result, the demand for home healthcare equipment is expected to increase, thereby creating opportunities for regional and multinational medical device manufacturers.
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