TechNavio today launched its report, Global Home Healthcare Equipment Market 2011-2015, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”The demand for home healthcare equipment is increasing because of the increasing incidence and prevalence of chronic diseases. The increasing prevalence of chronic diseases such as asthma and chronic obstructive pulmonary disease (COPD) in the elderly population is fueling the growth of the market. Furthermore, the increasing prevalence of diabetes around the world is driving the demand for diabetes care devices. The Diabetes Care Devices segment has the highest number of pipeline products in the Global Home Healthcare Equipment market, reflecting the interest of various companies in this segment. Thus, the increasing prevalence of chronic diseases is expected to significantly increase the demand for home healthcare equipment during the forecast period.”
According to the report, one of the key drivers is the increase in the aging population. The median age of the global population is steadily increasing. Moreover, in the last few years, there has been an increase in the average life span. Population aging is occurring in both developed and developing countries. This clearly signifies that in coming years the elderly population will form the majority of the world population. The increase in the aging population is expected to have a positive effect on the growth of the Global Home Healthcare Equipment market during the forecast period.
Further, the report reveals that one of the main challenges is the safety and effectiveness issues associated with home healthcare equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-home-healthcare-equipment-market…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research Report – Global Home Healthcare Equipment Market 2011-2015
