Welcome!

News Feed Item

Home Healthcare Market in Latin America Expected to Reach USD 17.5 Billion in 2020: Transparency Market Research

ALBANY, New York, September 2, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Latin America Home Healthcare Market (By Device Types: Diagnostics and Monitoring Devices, Therapeutic Home Healthcare Devices, Mobility Assist Devices and Medical Supplies; By Services: Rehabilitation, Telehealth and Telemedicine, Respiratory Therapy, Infusion Therapy and Unskilled Home Healthcare Services) - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" the Latin American Home Healthcare market was valued at USD 9.8 billion in 2013 and is estimated to reach a market worth of USD 17.5 billion in 2020 growing at a CAGR of 8.7% from 2014 to 2020.

Browse the full Home Healthcare Market in Latin America Report at http://www.transparencymarketresearch.com/latin-america-home-healthcare-market.html

Home healthcare market comprises medical devices and services that are used for the diagnosis and mitigation of variety of chronic diseases such as diabetes, respiratory infections, cardiovascular diseases and others. Home healthcare is widely used by disabled elderly population and patients with chronic diseases. Aging population will boost the market growth of home healthcare devices and services in Latin America. For example, according to United Nations, by 2050, the ratio of geriatric population with respect to the total population would increase to an average of 21% in Brazil, Mexico and Chile. In addition, new product development by key market players will further drive the growth of home healthcare market during the study period. For instance, in February 2014, Omron Healthcare, Inc. introduced Alvita ultimate pedometer. This device features tri-axis technology that enables accurate tracking of body movement - almost anywhere anytime. Additionally, it is integrated with auto-stride technology, which automatically calculates strides based on users' height and weight. Thus, introduction of technologically advanced devices drives the market growth of home healthcare devices.

The home healthcare market comprises medical devices used for the diagnosis of various diseases such as diabetes, cardiovascular diseases, respiratory disorders and sleep disorders. The home healthcare market is witnessing steady growth in Latin America, as developed countries like North America and Europe are increasingly investing in this region. In addition, high acceptance of medical devices coupled with technological advancements (introduction of automated and portable devices) fuel the growth of the home healthcare market in Latin America. The home healthcare market, by device types, in Latin America is categorized as diagnostic and monitoring home healthcare devices (blood glucose monitors, blood pressure monitors, heart rate monitors, temperature monitors, sleep apnea monitors, coagulation monitors, pregnancy test kits, pulse oximeters and pedometers), therapeutic home healthcare devices (insulin delivery devices, nebulizers, medical ventilator and CPAP devices, intravenous equipment and dialysis equipment), mobility assist home healthcare devices (wheelchairs, cranes and crutches and other home mobility assist devices) and medical supplies. In 2013, medical supplies segment accounted for the largest share and is expected to grow at a CAGR of 6.7% during the forecast period from 2014 to 2020.

The home healthcare services comprise treatment for disabled or patients with chronic diseases, who require medical care for diseases such as cardiovascular disorders, diabetes and obstructive pulmonary diseases. Home healthcare service providers offer medical equipment and services such as skilled nursing, medication, personal care and therapies. In terms of services, the home healthcare market in Latin America has been segmented into rehabilitation services, telehealth and telemedicine services, infusion therapy services, respiratory therapy services and unskilled home healthcare services. The home healthcare services market in Latin America is driven by the presence of a large number of global players who provide wide range of home healthcare services in the region. Unskilled home healthcare services segment accounted for the largest share in the Latin American home healthcare market owing to increasing number of patients adopting personalized care.

Related & Recently Published Reports by Transparency Market Research 


Geographically, Latin America home healthcare market is segmented as Brazil, Mexico, Argentina, Colombia and others. Brazil accounted for the largest market share and is expected to dominate the market during the forecast period from 2014 to 2020. Rising incidences of chronic diseases will drive the market growth of home healthcare in Brazil. For instance, the International Diabetes Federation (IDF) has estimated that the prevalence rate of diabetes in Brazil is expected to increase by 65% in the next two decades. Mexico contributed second largest share of the total market in 2013 and is expected to grow at the highest CAGR from 2014 to 2020. Introduction of technologically advanced devices by key players coupled with aging population will drive the growth of home healthcare in Mexico. In addition, factors such as increasing demand of home healthcare, increasing free trade agreement by government helps Argentina and Colombia market to grow consistently during the study period.

Manufacturers are introducing cost-effective and innovative home healthcare devices and services to attract more number of consumers. The Latin American home healthcare market includes major companies namely Johnson & Johnson, Medtronic, Inc., GE Healthcare, The Linde Group and others.

Get Sample of Latin American Home Healthcare Market Research Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3020

The Latin American home healthcare market is segmented as follows:

  • Latin American Home Healthcare Market, by Device Types 

    Diagnostics and Monitoring Home Devices

  • Latin American Home Healthcare Market, by Services 

    Rehabilitation Services

    Telehealth and Telemedicine Services

    Infusion Therapy Services

    Respiratory Therapy Services

    Unskilled Home Healthcare Services


  • Latin American Home Healthcare Market, by Geography 

    Brazil

    Mexico

    Argentina

    Colombia

    Others


Browse All Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

About Us  

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact 

Ms. Sheela AK

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: [email protected]

Website: http://www.transparencymarketresearch.com/

Company Blog: http://www.tmrblog.com/

Company Blog: http://www.europlat.org/

Browse All PR: http://www.transparencymarketresearch.com/press-releases.htm

Browse All Articles: http://www.transparencymarketresearch.com/articles.htm

Browse Press Release "Latin America Home Healthcare Market Expected to Reach USD 17.5 Billion in 2020: at @ http://www.transparencymarketresearch.com/pressrelease/latin-america-home-healthcare-market.htm


SOURCE Transparency Market Research

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Struggling to keep up with increasing application demand? Learn how Platform as a Service (PaaS) can streamline application development processes and make resource management easy.
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, will show how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningfu...
If there is anything we have learned by now, is that every business paves their own unique path for releasing software- every pipeline, implementation and practices are a bit different, and DevOps comes in all shapes and sizes. Software delivery practices are often comprised of set of several complementing (or even competing) methodologies – such as leveraging Agile, DevOps and even a mix of ITIL, to create the combination that’s most suitable for your organization and that maximize your busines...
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
In the world of DevOps there are ‘known good practices’ – aka ‘patterns’ – and ‘known bad practices’ – aka ‘anti-patterns.' Many of these patterns and anti-patterns have been developed from real world experience, especially by the early adopters of DevOps theory; but many are more feasible in theory than in practice, especially for more recent entrants to the DevOps scene. In this power panel at @DevOpsSummit at 18th Cloud Expo, moderated by DevOps Conference Chair Andi Mann, panelists will dis...
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...