Global Home Health & Hospice Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)
The key players of the home health & hospice market are Fresenius, Air Liquide, Amedisys and LHC Group are also profiled with their financial information and respective business strategies.
By: Daedal Research
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.
Middle East and Africa
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, wound 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 on the supervision, comfort, and wellbeing of a patient 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 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.
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