North,America,Home,Healthcare, business, insurance North America Home Healthcare Market Size, Segmentation To 2


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North America home healthcare market is expected to reach USD 1.7 billion by 2022, according to a new report by Grand View Research Inc. Rising prevalence of chronic condition demanding constant care, rising geriatric population demanding round the clock care and growing hospital stay cost are some factors driving the home care industry. With increasing difference in number of hospital beds and patients, the need for home healthcare is on the rise. Furthermore, financial assistance provided by Medicare, Medicaid and other private insurance companies for long-term care are expected to further propel the demand for such services. Growing geriatric population base, increasing demand for independent living and subsequent rise in demand of wound management, mobility assistance, and other self-care products are the high impact rendering drivers of the home healthcare market in North America. Supportive initiatives by government bodies such as Canadian Home Care Association, designed to incorporate increasing post-operative home based health and long-term care plans boosts the home care industry. Increasing licensing of home care agencies and other specialty care facilities with provision for reimbursement by public insurers is anticipated to drive the demand over the forecast period.Browse full research report on Global North America Home Healthcare Market: http://www.grandviewresearch.com/industry-analysis/north-america-home-healthcare-marketFurther key findings from the study suggest:Wound care and mattress overlays together are expected to capture over 85.0% of the market share by 2022 owing to increasing incidences pressure ulcers, diabetic ulcers, and venous stasis ulcers.Durable Medical Equipment segment is anticipated to witness fastest growth and contribute share of over 25.0% by 2022 owing to rising demand for mobility assistance devices by elderly patients. According to the Population Reference Bureau, currently over 50 million citizens of North America are over the age of 65 and the number is expected to reach to 89 million by 2050.The U.S. is anticipated to contribute for over 85.0% share in 2022, owing to rising geriatric population base, increasing number of immigrants, and rising patient awareness levels coupled with relatively higher healthcare expenditures in the region.Key market players are Johnson & Johnson, Covidien, Stryker Corporation, Invacare, VCP Mobility Inc. and others.In May 2015, ConvaTec expands portfolio of AQUACEL Foam dressings, this expansion includes range of advanced rectangular dimensions and more anatomical wound care applications. This expansion is expected to give comparative edge in wound dressing product portfolio.In July 2015, Smith & Nephew acquired DeOST LLC and DeLLC, part of DeOST group, this acquisition is expected to help the company enhance wound care product portfolio.Read detailed report or request for sample of this research report:  http://www.grandviewresearch.com/industry-analysis/north-america-home-healthcare-market/requestGrand View Research has segmented the North American home healthcare market on the basis of products, services and region: North America Home Healthcare Product Outlook (Revenue, USD Million, 2012 – 2022)Wound careWound care productsWound care dressingsWound closure productsWound cleansers, lotions and creamsSeating cushionsGel and form cushionsLatex cushionsMattress overlaysPressure relief and alternating pressure mattressLow air loss mattressPremium guard water mattressMemory foam mattressHeel protectorsGel heel protectorsSilicon sleeve heel protectorsCushion heel protectorsConvoluted foam boot heel protectorsSynthetic protective boot heel protectors North America Home Healthcare Service Outlook (Revenue, USD Million, 2012 – 2022)Home care servicesUnskilled home care servicesDurable medical equipment (DME) servicesMobility assistanceOther DMEOther servicesNorth America Home Healthcare Country Outlook (Revenue, USD Million, 2012 – 2022)North AmericaU.S.CanadaMexicoBrowse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devicesRead our blogs - www.dniamericas.org, www.divog.org, www.legalworkshop.org

North,America,Home,Healthcare,

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