The extensive study on the Therapeutic Homecare Devices market published by TMRR offers valuable insights related to the overall prospects of the Therapeutic Homecare Devices market during the forecast period (2019-2029). The presented study suggests that the Therapeutic Homecare Devices market is anticipated to reach ~US$ by the end of 2029 and grow at a CAGR of ~XX% over the assessment period. The current and future prospects of the Therapeutic Homecare Devices market in the upcoming decade are analyzed in the presented report with utmost precision.
The Therapeutic Homecare Devices market study is an essential source of information for the upcoming market players who are vying to establish a strong presence in the current Therapeutic Homecare Devices market landscape.
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Therapeutic Homecare Devices Market Segregation
Trends and Prospects
The therapeutic homecare devices market promises profitable business opportunities during the forecast period owing to increasing demand for home healthcare, rising technological advancements, and abundance of cost-effective alternatives as compared to hospital modalities. Factors such as growing geriatric population and increasing prevalence of chronic diseases along with orthopedic disorders are further augmenting in the therapeutic homecare devices market growth. According to the American Academy of Orthopedic Surgeons, most of the patients who undergo knee replacement belong to the age group from 50 to 80 years. Furthermore, the number of hospital discharges with knee replacement among people of 65 years of age and above has been observed to be continuously increasing every year. Around 90 people in every 10,000 were reported to have undergone a knee replacement surgery in the U.S. in 2009 as against 58 people per 10,000 in 1997. Growing number of orthopedic surgeries has further accelerated the adoption of therapeutic homecare devices among patients who have undergone orthopedic surgeries, hence driving the market.
Global Therapeutic Homecare Devices Market: Regional Outlook
Region-wise, North America dominates the global therapeutic homecare devices market trailed by Europe. Favorable reimbursement policies, growing number of small scale home healthcare services providers, high prevalence of orthopedic and cardiovascular diseases, and rising investments by the government bodies towards home healthcare market are the prime dynamics stimulating the growth of therapeutic homecare devices in these two regions. Asia Pacific is estimated to emerge as the one of the most opportunistic market for therapeutic homecare devices vendors. The introduction of new technologies, continuous product launch by market players and growing awareness about home healthcare among patients and doctors are some of the factors that are expected to bolster the growth of the market in the region.
Global Therapeutic Homecare Devices Market: Vendor Landscape
The key market players of therapeutic homecare devices market are Pride Mobility Products Corporation, Invacare Corporation, Ottobock Healthcare GmbH, National Pain Care, Sunrise Medical, Inc., GF Health Products, Inc., Levo AG, and Merits Health Product Co. Ltd.
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Key queries addressed in the report:
- How are market players expanding their regional and international market presence?
- Why is the adoption of product 1 expected to outpace that of product 2?
- What is the scope of the Therapeutic Homecare Devices market in region 1?
- What is the most cost-effective distribution channel for market players in region 1 and region 2?
- How are market players adjusting to the fluctuating prices of raw materials?
Critical data that can be drawn from the Therapeutic Homecare Devices market report:
- Analysis of the market structure in each regional market
- Key technological developments relevant to the Therapeutic Homecare Devices market
- The regulatory landscape of the Therapeutic Homecare Devices market in different geographies
- The projected growth of each Therapeutic Homecare Devices market segment and sub-segment during the forecast period
- Sales, promotional, and distribution channels adopted by market players in the Therapeutic Homecare Devices market
The regional assessment of the Therapeutic Homecare Devices market throws light on the market share, size, and value of each regional market. Further, the scope of the Therapeutic Homecare Devices market in each region is discussed in the report along with informative and easy-to-understand graphs, figures, and tables.
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This post was originally published on Analytics News