Key Players of the Home Health & Hospice Market are Fresenius, Air Liquide, Amedisys and LHC Group
This report presents an in depth analysis of the global home health & hospice market by value, by service, by region, etc. The report provides a regional analysis of the home health & hospice market, including the following regions: North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The report also provides a detailed analysis of the COVID-19 impact on the home health & hospice market.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall home health & hospice market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global home health & hospice market is fragmented with many major market players operating worldwide. The key players of the home health & hospice market - Fresenius, Air Liquide, Amedisys and LHC Group - are also profiled with their financial information and respective business strategies.
Regional Coverage
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Company Coverage
- Fresenius
- Air Liquide
- Amedisys
- LHC Group
Table of Contents
1. Executive Summary
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Executive Summary
Home healthcare comprises a wide range of healthcare services for illness or sickness in homecare settings. The goal of home healthcare is to treat sickness, wounds or disease and improve health results of the patient. These services are more convenient, effective and less expensive and are efficient treatment for chronic diseases and serious illness, aging population, and nutrition therapy of the patient.
Hospice healthcare aims at the supervision, comfort, and wellbeing of patients with a serious sickness who have a short lifespan. Hospice provides comprehensive comfort care as well as support for the family. Hospice care is given for a patient with an extreme sickness whose physician believes that the patient has less time to live if the sickness runs its genuine course.
The home health market can be segmented on the basis of service, named as; skilled care and unskilled care.
The global home health & hospice market has increased significantly during the years 2016-2020 and projections are made that the market would rise in the next four years i.e. 2021-2025 tremendously. The home health & hospice market is expected to increase due to aging population, growing gross national income, increasing prevalence of cancer cases, inversing healthcare spending worldwide, growing urbanization and governments supporting home health & hospice care. Yet, the market faces some challenges such as safety concerns of the patients, shortage of home health nurses or workers and degree of competition.
Companies Mentioned
- Air Liquide
- Amedisys
- Fresenius
- LHC Group
