Global Health Caregiving Market to reach USD 234.6 billion by 2027. Global Health Caregiving Market is valued approximately USD 111.2 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 11.2 % over the forecast period 2021-2027 A caregiving gives care to someone who needs help taking care of themselves. The person who needs help may be a child, an adult, or an older adult. They may need help because of an injury, chronic illness, or disability.its a paid or unpaid services given by certain group or any organisation for the certain individuals who need proper care.. . The increase in adoption of smartphones is one of the critical factors in the global healthcare because they get every single notifications as well as applications regarding health on just one tap. . The growing trend of nuclear family structure and isolated lifestyles has led the adoption of Health Caregiving across the forecast period because every person can take care of themselves by there own. Expanding pervasiveness of ongoing sicknesses like chronic obstructive pulmonary disease (COPD) is helping in development of the market. For example, as per a report by Global Initiative for Chronic Obstruction Disease's 2018 report, COPD is relied upon to bring about 4.5 million worldwide passing every year by 2030. Online media is winding up being a fundamental device to isolate social and energetic limits causes developing and has emerged to help by keeping eye on making social and social affiliations, improves patient thought and guidance. . Medical care experts are using this stage to share data, improve and contrast nature of administrations being offered with patients and to prepare clinical staff. However, overall fragmented market impedes the growth of the market over the forecast period of 2021-2027. Also, Growing online home delivery services is likely to increase the market growth during the forecast period.
The regional analysis of global Health Caregiving is considered for the key areas like Asia Pacific, North America, Europe, Latin America and Rest of the World.
North America is the main locale across the world as far as assential attributable to the developing geriatric populace and immediacy and reasonableness of dire consideration administrations combined with the grounded medical services framework. Factors like rising discretionary cashflow, wellbeing mindfulness among individuals and improving medical services foundation would make worthwhile development possibilities for the Health Caregiving market across Asia-Pacific area.
Major market player included in this report are:
Honor Technology, Inc.,
Vesta Healthcare ,
Home Hero, Inc.
Senior link, Inc.
Great Call, Inc.
Cariloop, Inc.
Room2Care, Ltd.
UnaliWear, Inc.
Care.com, Inc.
Care Linx, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type
Physical
Psychological
By Care Type
Daily Essential Activities
Health and Safety Awareness
Care Coordination
Social Well-Being
Transition Support
Caregiver Quality of Life
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Health Caregiving Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors