Home Healthcare Market Expected To Grow At A CAGR Of 7.8% For The Forecast Period From 2019 To 2026: Grand View Research Inc.
San Francisco, 16 July 2019: The Report Home Healthcare Market Size, Share & Trends Analysis Report By Component (Service, Equipment), By Region (Asia Pacific, Latin America, North America, Europe, Middle East & Africa), And Segment Forecasts, 2019 – 2026 The global home healthcare market size is anticipated to reach USD 557.57 billion by 2026 registering a CAGR of 7.8%, according to a new report by Grand View Research, Inc. This growth can be attributed to improved patient outcome, cost-efficiency, and patient convenience provided by home healthcare. In addition, rising cases of diseases, such as dementia, Alzheimer’s, and orthopedic conditions, are expected to fuel market growth. For instance, according to the WHO, nearly 50 million individuals worldwide were suffering from dementia in 2017 and the number is anticipated to reach nearly 82 million by 2030. According to an article by United Nations, the number of individuals in age group of 80 years and above are antic