Research and Markets: Home Healthcare Markets, 2027 - Increasing Growth of the Home-Based Tele-Critical Care & Isolation Due to COVID-19 Pandemic - ResearchAndMarkets.com
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The Global Home Healthcare Market size is forecast to reach USD 680.35 Billion by 2027.
Market growth is driven by an upsurge in demand for telehealth systems, coupled with a rapid adoption rate of endless numbers of home healthcare systems globally amid the COVID-19 outbreak owing to lack of sufficient isolation wards critical units.
The global home healthcare market is, at present, observing a tremendous growth owing to the increasing prevalence of the telehealth system, the rising cost of hospital beds, unavailability of ambulance service in remote areas, availability of skilled home care professionals, overall preference for the home healthcare system compared to hospital admissions, growing geriatric population, the proliferation of chronic diseases, pediatric deformity