Middle East And Africa Home Healthcare Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 13,790.52 million |
Market Size (Forecast Year) |
USD 22,558.95 million |
CAGR |
|
Major Markets Players |
Middle East and Africa Home Healthcare Market, By Type (Devices, Services, Software), Disease (Heart Diseases, Hypertension, Bone and Joint Diseases, Diabetes, Chronic Obstructive Pulmonary Diseases, Obesity, Dementia/Alzheimer's Diseases, Infective Diseases (HIV/AIDS), Parkinson’s Diseases, Smoking, Asthma, Depression), Distribution Channel (Direct Tenders, Retail Sales) - Industry Trends and Forecast to 2030.
Middle East and Africa Home Healthcare Market Analysis and Size
Market growth is predicted to be fueled by a growing geriatric population and increased incidence of target diseases such as dementia and Alzheimer's and orthopaedic diseases. Governments and health groups are concerned about rising treatment costs, and they are working to reduce healthcare prices. Home health care is a less expensive alternative to a hospital stay and eventually in the end the Middle East and Africa home healthcare market will witness the significant growth in the forecasted period of 2023 to 2030.
Data Bridge Market Research analyses that the Middle East and Africa home healthcare market which was USD 13,790.52 million in 2022, is expected to reach USD 22,558.95 million by 2030, and is expected to undergo a CAGR of 8.4% during the forecast period 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Middle East and Africa Home Healthcare Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Devices, Services, Software), Disease (Heart Diseases, Hypertension, Bone and Joint Diseases, Diabetes, Chronic Obstructive Pulmonary Diseases, Obesity, Dementia/Alzheimer's Diseases, Infective Diseases (HIV/AIDS), Parkinson’s Diseases, Smoking, Asthma, Depression), Distribution Channel (Direct Tenders, Retail Sales) |
Countries Covered |
Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered |
Koninklijke Philips N.V. (U.S.), Omron Healthcare, Inc. (Japan), Air Liquide (France), B. Braun Melsungen AG (Germany), Medtronic (Ireland), Davita Inc. (U.S.), CARDINAL HEALTH (U.S.), Sunrise Medical (U.S.), General Electric (U.S.), A&D Company, Limited (Japan), BAYADA Home Health Care (U.S.), Invacare Corporation (U.S.), Philips Healthcare (Netherlands), Fresenious SE & Co KGaA (Germany), GE Healthcare (U.K.), Baxter (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Bupa Home Healthcare, Ltd (U.K.), Healthcare at Home (U.K.), and Linde plc (Germany) |
Market Opportunities |
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Market Definition
The home healthcare industry includes a wide range of disease-related healthcare services provided in homecare settings. The goal of home healthcare is to treat injuries and improve the patient's overall health. These services are more convenient and less expensive, and they are helpful for chronic diseases, the elderly, nutrition therapy, and the critical illness of the patient.
Middle East and Africa Home Healthcare Market Dynamics
Drivers
- Rising Research and Development (R&D) Investments
With the advent of modern technology into this industry, the existing communication flow between patients and healthcare professionals has substantially expanded, allowing for better, faster, and more effective care. For instance, remote patient monitoring is based on the successful integration of medical devices and information and communication technology (ICT), as well as the delivery of healthcare over long distances, which drives market growth.
- Rising Demand of Home Healthcare
This is due to the increased convenience of non-skilled labour, caregivers, services, physicians, and other home healthcare equipment in homecare settings, as well as an increase in healthcare expenditures in the region's hospital grounds.
Opportunities
- Increasing Customized Care Plans
Tailoring home healthcare services to meet the specific cultural, linguistic, and dietary needs of different communities can be a significant opportunity. Providers that understand and respect cultural sensitivities can build trust and improve patient outcomes.
- Increasing Demand of Telehealth
Telehealth and telemedicine adoption is growing in the MEA region. There is an opportunity to expand telehealth services in home healthcare, enabling healthcare providers to remotely monitor patients, conduct virtual consultations, and offer medical advice from a distance.
Restrains/ Challenges
- Strict Regulations and Guidelines
Regulatory frameworks for home healthcare services may not be well-established or consistent across all countries in the region. Navigating these regulations and ensuring compliance can be challenging for service providers.
- Limited Access to Services
Many regions within the Middle East and Africa have limited access to traditional healthcare facilities. Home healthcare can be a vital solution in bridging this gap, but establishing infrastructure and ensuring quality care can be challenging. Access to reliable infrastructure and technology for remote monitoring and telehealth services can be limited in some areas, hindering the adoption of advanced home healthcare solutions.
This Middle East and Africa home healthcare market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Middle East and Africa home healthcare market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Middle East and Africa Home Healthcare Market Scope
The Middle East and Africa home healthcare market is segmented on the basis of type, disease and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Therapeutic
- Diagnostic
- Mobility assist
Disease
- Chronic obstructive
- Pulmonary disease
- Diabetes
- Hypertension
- Smoking
- Asthma
- Depression
- Heart diseases
- Dementia / Alzheimer's diseases
- Obesity
- Parkinson's diseases
- Infectious diseases (HIV/AIDS)
- Bone and joint diseases
- Others
Distribution Channel
- Direct Tenders
- Retail Sales
Middle East and Africa Home Healthcare Market Regional Analysis/Insights
The Middle East and Africa home healthcare market size insights and trends are provided by country, type, disease and distribution channel as referenced above.
The countries covered in the Middle East and Africa home healthcare market report are Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Saudi Arabia dominates the Middle East and Africa home healthcare market due to the increasing healthcare initiatives, the strong presence of major players in the market.
U.A.E. is expected to witness significant growth in the Middle East and Africa home healthcare market during the forecast period of 2023 to 2030 due to the growing demand for quality healthcare in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed Base and New Technology Penetration
The Middle East and Africa home healthcare market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Middle East and Africa home healthcare market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Middle East and Africa home healthcare market. The data is available for historic period 2015-2020.
Competitive Landscape and Middle East and Africa Home Healthcare Market Share Analysis
The Middle East and Africa home healthcare market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Middle East and Africa home healthcare market.
Some of the major players operating in the Middle East and Africa home healthcare market are:
- Koninklijke Philips N.V. (U.S.)
- Omron Healthcare, Inc. (Japan)
- Air Liquide (France)
- B. Braun Melsungen AG (Germany)
- Medtronic (Ireland)
- Davita Inc. (U.S.)
- CARDINAL HEALTH (U.S.)
- Sunrise Medical (U.S.)
- General Electric (U.S.)
- A&D Company, Limited (Japan)
- BAYADA Home Health Care (U.S.)
- Invacare Corporation (U.S.)
- Philips Healthcare (Netherlands)
- Fresenious SE & Co KGaA (Germany)
- GE Healthcare (U.K.)
- Baxter (U.S.)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Bupa Home Healthcare, Ltd (U.K.)
- Healthcare at Home (U.K.)
- Linde plc (Germany)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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