The Asian home health care market is expected to reach USD 62.32 Billion by 2020 from USD 39.07 Billion in 2015, at a CAGR of 9.8% from 2015 to 2020. The market is segmented based on products, services, telehealth, and countries. Based on products, the market is further segmented into testing, screening, and monitoring products; therapeutic products; and mobility care products. The testing, screening, and monitoring products segment is estimated to account for the largest market share in 2015.
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Testing, screening, and monitoring devices include blood glucose meters, blood pressure monitors, pulse oximeters, peak flow meters, heart rate monitors, HIV test kits, sleep apnea monitors, coagulation monitors, ovulation & pregnancy test kits, Holter and event monitors, cholesterol monitoring devices, colon cancer test kits, home hemoglobin A1C test kits, drug & alcohol test kits, ECG/EKG devices, EEG devices, temperature monitors, hearing aids, and pedometers.
Therapeutic products include oxygen delivery systems, nebulizers, ventilators, sleep apnea therapeutic devices, wound care products, IV equipment, dialysis equipment, insulin delivery devices, inhalers, and other devices (ostomy devices, automated external defibrillators, and external stimulation devices). Mobility care products include canes, crutches, mobility scooters, walkers & rollators, and wheelchairs.
On the basis of services, the Asian home health care market is further segmented into rehabilitation therapy services, infusion therapy services, unskilled care services, respiratory care services, pregnancy care services, skilled nursing care services, and hospice and palliative care services. The infusion therapy services segment is expected to grow at the highest CAGR during the forecast period.
The telehealth market is further segmented into telehealth monitoring devices, telehealth services, and telehealth software solutions. In 2015, the telehealth monitoring devices segment is estimated to account for the largest share of the Asian telehealth market as these devices offer easy connectivity and are easy to use.
