Pharma and Healthcare Home Healthcare Market | Page 3
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Further key findings from the report
Increasing number of trauma and drug abuse cases are multiplying the need of rehabilitation
services, both in the general and home healthcare market. These services accounted for almost
50% of all home healthcare services in 2018.
North America has the leading share in the home healthcare industry chiefly because of the
converging trends of their ageing population, rise in the number and cases of chronic diseases
and technological advancements
Asia Pacific region will witness the highest CAGR during the forecast period on account of cost
advantages, rise in the numbers of the ailing population and an increased need of delivery-
based healthcare. 10% of healthcare investment in R&D is expected by 2019
China and India are expected to witness a huge surge in this market, as the market value is
expected to double itself in India shortly. As more number of elderly population is expected to
be residing in China and Asia Pacific region by 2050 along with that increased healthcare
spending and the government of India planning to increase public health spending 2.5% of GDP
by 2025.
By product type, Diagnostics occupies the largest market share and is also expected to grow at
the highest CAGR of 8.4% during the forecast period.
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