Here are five takeaways:
1. The market will likely hit $517.2 billion by 2025.
2. Telehealth and technology’s increasing use are spurring market growth.
3. Home healthcare’ cost effectives, an increasing geriatric population and more chronic conditions requiring long-term care are driving expansion.
4. The report says India, Brazil and China will likely pose as opportunities to drive market growth due to increased health awareness.
5. Companies operating in the market include:
● Almost Family in Louisville, Ky.
● B. Braun Melsungen in Melsungen, Germany
● Abbott Laboratories in Chicago
● Sunrise Medical in Fresno, Calif.
● 3M in St. Paul, Minn
● Baxter in Deerfield, Ill.
● Medtronic in Dublin, Ireland
● Cardinal Health in Dublin, Ohio
● Roche Diagnostics in Indianapolis
● Air Liquide in Paris, France
● Arcadia Health Care in Franklin, Tenn.
● Bayer in in Leverkusen, Germany
● Amedisys in Baton Rouge, La.
● Nxstage Medical in Lawrence, Mass.
● Arkray in Minneapolis
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