Market Dynamics in Home Healthcare: Challenges and Opportunities

The home healthcare services market is likely to witness an impressive CAGR of 8% during the forecast period of 2023-2028.

The services provided by home healthcare providers are more beneficial than the services provided in nursing care facilities, hospitals, and other living facilities. The benefits offered by them are – customized and specialized care services, assistance to seniors in using connected healthcare services, and reduction in the cost of care by reducing hospital stays. Such benefits along with tremendous growth in the connected healthcare service market are creating a high demand and growth in the global home healthcare services market.