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
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today that Enzu, a leading provider of cloud hosting solutions, 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. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to foc...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
IoT generates lots of temporal data. But how do you unlock its value? How do you coordinate the diverse moving parts that must come together when developing your IoT product? What are the key challenges addressed by Data as a Service? How does cloud computing underlie and connect the notions of Digital and DevOps What is the impact of the API economy? What is the business imperative for Cognitive Computing? Get all these questions and hundreds more like them answered at the 18th Cloud Expo...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, will explore the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences betwee...
As cloud and storage projections continue to rise, the number of organizations moving to the cloud is escalating and it is clear cloud storage is here to stay. However, is it secure? Data is the lifeblood for government entities, countries, cloud service providers and enterprises alike and losing or exposing that data can have disastrous results. There are new concepts for data storage on the horizon that will deliver secure solutions for storing and moving sensitive data around the world. ...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
What a difference a year makes. Organizations aren’t just talking about IoT possibilities, it is now baked into their core business strategy. With IoT, billions of devices generating data from different companies on different networks around the globe need to interact. From efficiency to better customer insights to completely new business models, IoT will turn traditional business models upside down. In the new customer-centric age, the key to success is delivering critical services and apps wit...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
Cloud-based NCLC (No-code/low code) application builder platforms empower everyone in the organization to quickly build applications and executable processes that broaden access, deepen collaboration, and enhance transparency for all team members. Line of business owners (LOBO) and operations managers know best their part of the business and their processes. IT departments are beginning to leverage NCLC platforms to empower and enable LOBOs to lead the innovation, transform the organization, an...
@DevOpsSummit taking place June 7-9, 2016 at Javits Center, New York City, and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...