Home Healthcare Market Size, Share & Industry Analysis by 2028
The home healthcare market was valued at US$ 315,139.27 million in 2020 and is projected to reach US$ 621,565.89 million by 2028; it is expected to grow at a CAGR of 8.9% from 2020 to 2028.
Home healthcare comprises a wide range of healthcare services for illness in homecare settings. The goal of home healthcare is to treat injury and improve health outcomes of a patient. These services are more convenient and less expensive and are efficient treatment for chronic diseases and serious illness, elderly population, and nutrition therapy of a patient.
The home healthcare market is segmented on the bases of indication, product type, service, and geography. By geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the market, emphasizing on parameters such as market trends, technological advancements, and market dynamics along with the analysis of competitive landscape of world’s leading market players.
Market Insights
The growth of the home healthcare market is attributed to the factors such as increasing prevalence of chronic diseases, rising geriatric population, and growing development in the medical device industry. As per the United Nations (UN) estimation, by 2060, the geriatric population will reach 1.8 billion, which will account for 17.8% of the world's total population. Chronic diseases, such as cardiovascular disorders, diabetes, autoimmune disorders, and various types of cancer and neurological disorders are leading to death and disability worldwide. These clinical conditions affect patients’ overall quality of life. As per the World Health Organization (WHO), over 50% of the global population is estimated to be suffering from at least one chronic disease. As per the Centers for Disease Control and Prevention (CDC), in the US, 6 in 10 people suffered from at least one chronic disease in 2019. Cardiovascular diseases (CVDs) are a significant cause of mortality globally owing to the hectic lifestyle. Diabetes is one of the life-threatening diseases and can lead to various complications in different parts of the body and can increase the overall risk of premature death. As per the International Diabetes Federation (IDF), in 2019, ~463 million adults were suffering from diabetes, and the number is expected to reach 700 million by 2045. Countries such as the US, Japan, South Korea, Canada, the UK, Spain, and France are significantly experiencing growth in the geriatric population. The countries mentioned above, along with the developing countries such as China, India, Saudi Arabia, the UAE, and Brazil, offer significant growth opportunities for the home healthcare players to provide innovative devices. In addition, the increasing adoption of telemedicine and mHealth technologies is driving the growth of the home healthcare market.
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Home Healthcare Market: Strategic Insights
Market Size Value in US$ 315,139.27 Million in 2020 Market Size Value by US$ 621,565.89 Million by 2028 Growth rate CAGR of 8.9% from 2020-2028 Forecast Period 2020-2028 Base Year 2020
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Home Healthcare Market: Strategic Insights
| Market Size Value in | US$ 315,139.27 Million in 2020 |
| Market Size Value by | US$ 621,565.89 Million by 2028 |
| Growth rate | CAGR of 8.9% from 2020-2028 |
| Forecast Period | 2020-2028 |
| Base Year | 2020 |
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Increasing Homecare Settings Contributes Significantly to Market Growth
Growing support from the government to encourage home care settings by offering all the required comfort for patients, increasing product launches for home care settings, and growing initiatives to expand the home care setting are the prominent factors supporting the growth of the home healthcare market. Countries such as the US, the UK, Canada, and Israel have supported hospital-at-home programs. In addition, the outbreak of the COVID-19 has promoted the adoption of homecare settings owing to shortage of hospitals and medical devices for patients worldwide. Given that, due to COVID-19 situation, the US Centers for Medicare & Medicaid Services (CMS) launched a new hospital-at-home initiative in November 2020. The hospital-at-home initiative will offer flexibilities to hospitals to provide patients with hospital-level care in their homes or home care setting. Also, as of January 2021, nearly 80 hospitals have participated in the initiative. Moreover, the home care setting industry has experienced a rise due to various product launches, collaborations, and innovations by the market players. For instance, in September 2020, SURE Universal (Israel) partnered with the UAE’s Hamad Bin Khalifa (HBK) Department of Projects to launch smart IoT healthcare solution, HBKiCare remote healthcare platform, which monitors vital signs and activities, detects falls and location, offers AI-based insights and voice activation for the UAE and the Middle East regional markets. In February 2019, Fresenius Medical Care (Germany) completed NxStage Medical Inc.'s (US) acquisition to be among the global players for the home treatment segment. In August 2020, LHC Group Inc (US) entered into a joint venture agreement with University Health Care System (US) to strengthen home health and hospice services across eight cities in Georgia and South Carolina. Therefore, such strategies by the market players are likely to accelerate the market growth in the coming years.
Product Type Insights
Based on product type, the global home healthcare market is segmented into therapeutic, diagnostic, and mobility assist. In 2020, the therapeutic segment held the largest share in the market. Moreover, the market for the diagnostic segment is expected to grow at the highest rate by 2028. A physician may recommend the benefits of home health therapy services following surgery, injury, or illness. Home therapy provides three different forms of care treatment—physical therapy, occupational therapy, and speech therapy. This factor is likely to boost the demand for home healthcare across the world during the forecast period
Indication Insights
Based on indication, the global home healthcare market is segmented into cancer, respiratory diseases, mobility disorders, cardiovascular disorders, pregnancy, wound care, diabetes, and other indications. The cancer segment held the largest market share in 2020, and the mobility disorders segment is expected to dominate the market by 2028. The prevalence of cancer is high across the world. Home healthcare can be hugely helpful to a cancer patient, as well as relieve pressure of family members. A nurse visits a patient at home, evaluates the patient's and family's medical needs, and collaborates with the doctor to develop a plan of care.
Service Insights
Based on service, the global home healthcare market is segmented into skilled nursing, rehabilitation therapy, hospice and palliative care, unskilled care, respiratory therapy, infusion therapy, and pregnancy care. The skilled nursing segment held the largest market share in 2020. However, the hospice and palliative care segment is expected to dominate the market by 2028. Hospice and palliative care segment are expected to grow during the forecast period owing to increasing jobs and services for nurses and caregivers. The growing advancements in medical devices are helping in offering training to the nurses to enhance their skills.
Product launches, and mergers and acquisitions are highly adopted strategies by the players operating in the global home healthcare market. A few of the recent key product developments are listed below:
In April 2021, Humana announced an agreement to fully acquire Kindred at Home. Humana will acquire the remaining 60% of Kindred at Home. The company purchased 40% ownership stake in 2018 and since then has collaborated closely with Kindred at Home. The transaction is expected to close in the third quarter of 2021.
In January 2020, CNET, famous for their reviews and buying guides, listed A&D Medical's UA-767F series blood pressure monitors as one of the best devices to use at home. Their authors call out this model's ease of use and accuracy as some of the top features, plus the convenience of multi-user capability (up to 4 users).
The COVID-19 pandemic is having the mixed impact on the home healthcare market. Since the home healthcare sector comprises both products and services, each has its own set of effects. The outbreak pandemic will positively impact on sales of variety of home healthcare monitoring devices, such as blood glucose monitors, blood pressure monitors, pulse oximeters, and temperature monitors. On the other side, disruptions in the supply chain caused due to the halt in global operations are hindering the market growth.
Home Healthcare Market Report Scope
Home Healthcare – Market Segmentation
By Product Type
- Therapeutic
- Diagnostic
- Mobility assist
By Indication
- Cancer
- Respiratory Diseases
- Cardiovascular Disorders
- Mobility Disorders
- Wound Care
- Diabetes
- Pregnancy
- Other Indications
By Service
- Skilled Nursing
- Rehabilitation Therapy
- Hospice and Palliative Care
- Unskilled Care
- Respiratory Therapy
- Infusion Therapy
- Pregnancy Care
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- UK
- Italy
- Spain
- Rest of Europe
Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East & Africa
South and Central America (SCAM)
- Brazil
- Argentina
- Rest of South and Central America
Company Profiles
- Fresenius SE & Co. KGaA
- General Electric Company
- LINDE
- F. HOFFMANN-LA ROCHE LTD.
- A&D Company, Limited
- LHC Group, Inc.
- BAYADA Home Health Care
- Invacare Corporation
- Abbott Care
- Amedisys
- Kindred Healthcare, LLC
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Home Healthcare Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Product ; Software ; Services and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Home Healthcare Market – By Product Type
1.3.2 Global Home Healthcare Market – By Indication
1.3.3 Global Home Healthcare Market – By Service
1.3.4 Global Home Healthcare market – By Geography
2. Home Healthcare Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Home Healthcare Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia Pacific – PEST Analysis
4.2.4 Middle East and Africa (MEA) – PEST Analysis
4.2.5 South and Central America (SCAM) – PEST Analysis
4.1 Expert Opinions
5. Home Healthcare Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Home Healthcare due to Aging Population and Increasing Prevalence of Chronic Diseases
5.1.2 Increasing Homecare Settings
5.2 Key Market Restraints
5.2.1 Shortage of Home Care Workers
5.3 Key Market Opportunities
5.3.1 Homecare Settings in Developing Countries
5.4 Future Trends
5.4.1 Rising Focus on Telehealth
5.5 Impact Analysis
6. Home Healthcare Market – Global Analysis
6.1 Global Home Healthcare Market Revenue Forecast and Analysis
6.2 Global Home Healthcare Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. Home Healthcare Market Analysis – By Product Type
7.1 Overview
7.2 Home Healthcare Market Revenue Share, by Product Type (2020 and 2028)
7.3 Therapeutic
7.3.1 Overview
7.3.2 Therapeutic: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Diagnostic
7.4.1 Overview
7.4.2 Diagnostic: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Mobility Assist
7.5.1 Overview
7.5.2 Mobility Assist: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
8. Home Healthcare Market Analysis – By Indication
8.1 Overview
8.2 Home Healthcare Market Revenue Share, by Indication (2020 and 2028)
8.3 Cancer
8.3.1 Overview
8.3.2 Cancer: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Respiratory Diseases
8.4.1 Overview
8.4.2 Respiratory Diseases: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Mobility Disorders
8.5.1 Overview
8.5.2 Mobility Disorders: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Cardiovascular Disorders
8.6.1 Overview
8.6.2 Cardiovascular Disorders: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Pregnancy
8.7.1 Overview
8.7.2 Pregnancy: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Wound Care
8.8.1 Overview
8.8.2 Wound Care: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
8.9 Diabetes
8.9.1 Overview
8.9.2 Diabetes: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
8.10 Other Indications
8.10.1 Overview
8.10.2 Other Indications: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
9. Home Healthcare Market Analysis – By Service
9.1 Overview
9.2 Home Healthcare Market Revenue Share, by Service (2020 and 2028)
9.3 Skilled Nursing
9.3.1 Overview
9.3.2 Skilled Nursing: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Rehabilitation Therapy
9.4.1 Overview
9.4.2 Rehabilitation Therapy: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Hospice and Palliative Care
9.5.1 Overview
9.5.2 Hospice and Palliative Care: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Unskilled Care
9.6.1 Overview
9.6.2 Unskilled Care: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Respiratory Therapy
9.7.1 Overview
9.7.2 Respiratory Therapy: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Infusion Therapy
9.8.1 Overview
9.8.2 Infusion Therapy: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
9.9 Pregnancy Care
9.9.1 Overview
9.9.2 Pregnancy Care: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
10. Home Healthcare Market – Geographic Analysis
10.1 North America: Home Healthcare Market
10.1.1 Overview
10.1.2 North America: Home Healthcare Market - Revenue and Forecast to 2028 (USD Million)
10.1.3 North America: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.1.4 North America: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.1.5 North America: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.1.6 North America: Home Healthcare Market, by Country, 2020 & 2028 (%)
10.1.7 US: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.1.7.1 US: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.1.7.2 US: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.1.7.3 US: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.1.7.4 US: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.1.8 Canada: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.1.8.1 Canada: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.1.8.2 Canada: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.1.8.3 Canada: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.1.8.4 Canada: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.1.9 Mexico: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.1.9.1 Mexico: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.1.9.2 Mexico: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.1.9.3 Mexico: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.1.9.4 Mexico: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.2 Europe: Home Healthcare Market
10.2.1 Overview
10.2.2 Europe: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.3 Europe: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.2.4 Europe: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.2.5 Europe: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.2.6 Europe: Home Healthcare Market, by Country, 2020 & 2028(%)
10.2.7 Germany: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.7.1 Germany: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.7.2 Germany: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.2.7.3 Germany: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.2.7.4 Germany: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.2.8 France: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.8.1 France: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.8.2 France: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.2.8.3 France: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.2.8.4 France: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.2.9 UK: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.9.1 UK: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.9.2 UK: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.2.9.3 UK: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.2.9.4 UK: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.2.10 Italy: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.10.1 Italy: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.10.2 Italy: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.2.10.3 Italy: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.2.10.4 Italy: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.2.11 Spain: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.11.1 Spain: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.11.2 Spain: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.2.11.3 Spain: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.2.11.4 Spain: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.2.12 Rest of Europe: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.12.1 Rest of Europe: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.2.12.2 Rest of Europe: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.2.12.3 Rest of Europe: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.2.12.4 Rest of Europe: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.3 Asia Pacific: Home Healthcare Market
10.3.1 Overview
10.3.2 Asia Pacific: Home Healthcare Market - Revenue and Forecast to 2028 (USD Million)
10.3.3 Asia Pacific: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.3.4 Asia Pacific: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.3.5 Asia Pacific: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.3.6 Asia Pacific: Home Healthcare Market, by Country, 2020 & 2028 (%)
10.3.7 China: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.7.1 China: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.7.2 China: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.3.7.3 China: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.3.7.4 China: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.3.8 Japan: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.8.1 Japan: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.8.2 Japan: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.3.8.3 Japan: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.3.8.4 Japan: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.3.9 India: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.9.1 India: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.9.2 India: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.3.9.3 India: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.3.9.4 India: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.3.10 South Korea: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.10.1 South Korea: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.10.2 South Korea: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.3.10.3 South Korea: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.3.10.4 South Korea: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.3.11 Australia: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.11.1 Australia: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.11.2 Australia: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.3.11.3 Australia: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.3.11.4 Australia: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.3.12 Rest of Asia Pacific: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.12.1 Rest of Asia Pacific: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.3.12.2 Rest of Asia Pacific: Home Healthcare Market, by Product Type, 2019–2028 (USD Million)
10.3.12.3 Rest of Asia Pacific: Home Healthcare Market, by Indication, 2019–2028 (USD Million)
10.3.12.4 Rest of Asia Pacific: Home Healthcare Market, by Service, 2019–2028 (USD Million)
10.4 Middle East & Africa: Home Healthcare Market
10.4.1 Overview
10.4.2 Middle East & Africa: Home Healthcare Market - Revenue and Forecast to 2028 (US$ Million)
10.4.3 Middle East & Africa Home Healthcare Market, by Product Type – 2019–2028 (USD Million)
10.4.4 Middle East & Africa Home Healthcare Market, by Indication – 2019–2028 (USD Million)
10.4.5 Middle East & Africa Home Healthcare Market, by Service – 2019–2028 (USD Million)
10.4.6 Middle East & Africa: Home Healthcare Market, by Country, 2020 & 2028 (%)
10.4.7 Saudi Arabia: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.4.7.1 Saudi Arabia: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.4.7.2 Saudi Arabia Home Healthcare Market, by Product Type – 2019–2028 (USD Million)
10.4.7.3 Saudi Arabia Home Healthcare Market, by Indication – 2019–2028 (USD Million)
10.4.7.4 Saudi Arabia Home Healthcare Market, by Service – 2019–2028 (USD Million)
10.4.8 UAE: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.4.8.1 UAE: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.4.8.2 UAE Home Healthcare Market, by Product Type – 2019–2028 (USD Million)
10.4.8.3 UAE Home Healthcare Market, by Indication – 2019–2028 (USD Million)
10.4.8.4 UAE Home Healthcare Market, by Service – 2019–2028 (USD Million)
10.4.9 South Africa: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.4.9.1 South Africa: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.4.9.2 South Africa Home Healthcare Market, by Product Type – 2019–2028 (USD Million)
10.4.9.3 South Africa Home Healthcare Market, by Indication – 2019–2028 (USD Million)
10.4.9.4 South Africa Home Healthcare Market, by Service – 2019–2028 (USD Million)
10.4.10 Rest of Middle East and Africa: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.4.10.1 Rest of Middle East & Africa: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.4.10.2 Rest of Middle East and Africa Home Healthcare Market, by Product Type– 2019–2028 (USD Million)
10.4.10.3 Rest of Middle East and Africa Home Healthcare Market, by Indication – 2019–2028 (USD Million)
10.4.10.4 Rest of Middle East and Africa Home Healthcare Market, by Service – 2019–2028 (USD Million)
10.5 South and Central America: Home Healthcare Market
10.5.1 Overview
10.5.2 South and Central America: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.5.3 South and Central America Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
10.5.4 South and Central America Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
10.5.5 South and Central America: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
10.5.6 South and Central America: Home Healthcare Market, by Country, 2020 & 2028 (%)
10.5.7 Brazil: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.5.7.1 Brazil: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.5.7.2 Brazil Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
10.5.7.3 Brazil Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
10.5.7.4 Brazil: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
10.5.8 Argentina: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.5.8.1 Argentina: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.5.8.2 Argentina Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
10.5.8.3 Argentina Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
10.5.8.4 Argentina: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
10.5.9 Rest of South and Central America: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.5.9.1 Rest of South and Central America: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
10.5.9.2 Rest of South and Central America Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
10.5.9.3 Rest of South and Central America Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
10.5.9.4 Rest of South and Central America: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
11. Impact of COVID-19 Pandemic on Global Home Healthcare Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.5 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profiles
13.1 Fresenius SE & Co. KGaA
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 General Electric Company
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 LINDE
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 F. HOFFMANN-LA ROCHE LTD.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 A&D Company, Limited
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 1.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 LHC Group, Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 BAYADA Home Health Care
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Invacare Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Abbott Care
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Amedisys
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Kindred Healthcare, LLC
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. North America: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 2. North America: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 3. North America: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 4. US: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 5. US: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 6. US: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 7. Canada: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 8. Canada: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 9. Canada: Home Healthcare Anti-Allergy Drugs Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 10. Mexico: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 11. Mexico: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 12. Mexico: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 13. Europe: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 14. Europe: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 15. Europe: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 16. Germany: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 17. Germany: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 18. Germany: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 19. France: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 20. France: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 21. France: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 22. UK: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 23. UK: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 24. UK: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 25. Italy: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 26. Italy: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 27. Italy: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 28. Spain: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 29. Spain: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 30. Spain: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 31. Rest of Europe: Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 32. Rest of Europe: Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 33. Rest of Europe: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 34. Asia Pacific: Home Healthcare Market, by Product Type– Revenue and Forecast to 2028 (USD Million)
Table 35. Asia Pacific: Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 36. Asia Pacific: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 37. China: Home Healthcare Market, by Product Type– Revenue and Forecast to 2028 (USD Million)
Table 38. China: Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 39. China: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 40. Japan: Home Healthcare Market, by Product Type– Revenue and Forecast to 2028 (USD Million)
Table 41. Japan: Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 42. Japan: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 43. India: Home Healthcare Market, by Product Type– Revenue and Forecast to 2028 (USD Million)
Table 44. India: Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 45. India: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 46. South Korea: Home Healthcare Market, by Product Type– Revenue and Forecast to 2028 (USD Million)
Table 47. South Korea: Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 48. South Korea: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 49. Australia: Home Healthcare Market, by Product Type– Revenue and Forecast to 2028 (USD Million)
Table 50. Australia: Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 51. Australia: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 52. Rest of Asia Pacific: Home Healthcare Market, by Product Type– Revenue and Forecast to 2028 (USD Million)
Table 53. Rest of Asia Pacific: Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 54. Rest of Asia Pacific: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 55. Middle East & Africa Home Healthcare Market, by Product Type– Revenue and Forecast to 2028 (USD Million)
Table 56. Middle East & Africa Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 57. Middle East & Africa Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 58. Saudi Arabia Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 59. Saudi Arabia Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 60. Saudi Arabia Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 61. UAE Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 62. UAE Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 63. UAE Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 64. South Africa Home Healthcare Market, by Product Type– Revenue and Forecast to 2028 (USD Million)
Table 65. South Africa Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 66. South Africa Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 67. Rest of Middle East and Africa Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 68. Rest of Middle East and Africa Home Healthcare Market, by Indication – Revenue and Forecast to 2028 (USD Million)
Table 69. Rest of Middle East and Africa Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 70. South and Central America Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 71. South and Central America Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 72. South and Central America: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 73. Brazil Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 74. Brazil Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 75. Brazil: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 76. Argentina Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 77. Argentina Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 78. Argentina: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 79. Rest of South and Central America Home Healthcare Market, by Product Type – Revenue and Forecast to 2028 (USD Million)
Table 80. Rest of South and Central America Home Healthcare Market, by Indication– Revenue and Forecast to 2028 (USD Million)
Table 81. Rest of South and Central America: Home Healthcare Market, by Service – Revenue and Forecast to 2028 (USD Million)
Table 82. Organic Developments Done by Companies
Table 83. Inorganic Developments Done by Companies
Table 84. Glossary of Terms, Home Healthcare Market
LIST OF FIGURES
Figure 1. Home Healthcare Market Segmentation
Figure 2. Home Healthcare Market Segmentation, By Region
Figure 3. Home Healthcare Market Overview
Figure 4. Therapeutic Segment Held the Largest Share by Product Type of Home Healthcare Market
Figure 5. APAC to Show Significant Growth During Forecast Period
Figure 6. Home Healthcare Market, by Geography (US$ Million)
Figure 7. Global Home Healthcare Market – Leading Country Markets (US$ Million)
Figure 8. Global Home Healthcare Market, Industry Landscape
Figure 9. North America PEST Analysis
Figure 10. Europe PEST Analysis
Figure 11. Asia Pacific PEST Analysis
Figure 12. Middle East and Africa (MEA) PEST Analysis
Figure 13. South and Central America (SCAM) PEST Analysis
Figure 14. Global Home Healthcare Market – Revenue Forecast and Analysis – 2020- 2028
Figure 15. Global Home Healthcare Market – By Geography Forecast and Analysis – 2020- 2028
Figure 16. Market Positioning of Key Players in Global Home Healthcare Market
Figure 17. Home Healthcare Market Revenue Share, by Product Type (2020 and 2028)
Figure 18. Therapeutic: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Diagnostic: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Mobility Assist: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Home Healthcare Market Revenue Share, by Indication (2020 and 2028)
Figure 22. Cancer: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Respiratory Diseases: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Mobility Disorders: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Cardiovascular Disorders: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Pregnancy: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Wound Care: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Diabetes: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Other Indications: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Home Healthcare Market Revenue Share, by Service (2020 and 2028)
Figure 31. Skilled Nursing: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rehabilitation Therapy: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Hospice and Palliative Care: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Unskilled Care: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Respiratory Therapy: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Infusion Therapy: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Pregnancy Care: Home Healthcare Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. North America: Home Healthcare Market, by Key Country – Revenue (2020) (USD Million)
Figure 39. North America Home Healthcare Market Revenue and Forecast to 2028 (USD Million)
Figure 40. North America: Home Healthcare Market, by Country, 2020 & 2028 (%)
Figure 41. US: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 42. Canada: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 43. Mexico: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 44. Europe: Home Healthcare Market, by Key Country – Revenue (2020) (USD Million)
Figure 45. Europe: Home Healthcare Market Revenue and Forecast to 2028 (USD Million)
Figure 46. Europe: Home Healthcare Market, by Country, 2020 & 2028 (%)
Figure 47. Germany: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 48. France: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 49. UK: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 50. Italy: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 51. Spain: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 52. Rest of Europe: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 53. Asia Pacific: Home Healthcare Market, by Key Country – Revenue (2020) (USD Million)
Figure 54. Asia Pacific: Home Healthcare Market Revenue and Forecast to 2028 (USD Million)
Figure 55. Asia Pacific: Home Healthcare Market, by Country, 2020 & 2028 (%)
Figure 56. China: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 57. Japan: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 58. India: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 59. South Korea: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 60. Australia: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 61. Rest of Asia Pacific: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 62. Middle East & Africa: Home Healthcare Market, by Key Country – Revenue (2020) (USD Million)
Figure 63. Middle East & Africa Home Healthcare Market Revenue and Forecast to 2028 (USD Million)
Figure 64. Middle East & Africa: Home Healthcare Market, by Country, 2020 & 2028 (%)
Figure 65. Saudi Arabia: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 66. UAE: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 67. South Africa: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 68. South Africa: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 69. South and Central America: Home Healthcare Market, by Key Country – Revenue (2020) (USD Million)
Figure 70. South and Central America Home Healthcare Market Revenue and Forecast to 2028 (USD Million)
Figure 71. South and Central America: Home Healthcare Market, by Country, 2020 & 2028 (%)
Figure 72. Brazil: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 73. Argentina: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 74. Rest of South and Central America: Home Healthcare Market – Revenue and Forecast to 2028 (USD Million)
Figure 75. Impact of COVID-19 Pandemic on Home Healthcare Market in North American Country Markets
Figure 76. Impact of COVID-19 Pandemic on Home Healthcare Market in European Countries
Figure 77. Impact of COVID-19 Pandemic on Home Healthcare Market in Asia Pacific Countries
Figure 78. Impact of COVID-19 Pandemic on Home Healthcare Market in Middle East and African Countries
Figure 79. Impact of COVID-19 Pandemic on Home Healthcare Market in South and Central America Countries
Figure 80. Growth Strategies Done by the Companies in the Market, (%)
The List of Companies - Home Healthcare Market
- Fresenius SE & Co. KGaA
- General Electric Company
- LINDE
- F. HOFFMANN-LA ROCHE LTD.
- A&D Company, Limited
- LHC Group, Inc.
- BAYADA Home Health Care
- Invacare Corporation
- Abbott Care
- Amedisys
- Kindred Healthcare, LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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