Rising Prevalence of Chronic Diseases Propels Latin America Home Healthcare Market to US$17.5 bn by 2020
Albany, NY -- (SBWIRE) -- 12/18/2017 -- The Latin America home healthcare market is exhibiting a CAGR of 8.7% from 2014 to 2020. The market was valued at US$9.8 bn in 2013 and is expected to be valued at US$17.5 bn in 2020. The statistical data has been compiled in a research report released by Transparency Market Research, titled "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 global Latin America Home Healthcare Market is segmented on the basis of Device Types,Services,Geography.
The report broadly classifies the Latin America home healthcare market into devices and services. Among the two segments, the Latin America home healthcare market was thriving on demand for its devices segment, which is growing at the fastest CAGR from 2014 to 2020. This segment's rapid growth rate is attributed to a stronger acceptance of home healthcare devices as well as technological advancements that have led to portable devices and automated devices.
Within devices, the Latin America home healthcare market is driven by the fast-growing CPAP devices and ventilators. The sub-segment is growing at a CAGR of 11.4% in the report's forecast period.
The segment of mobility assistance devices comprises the sub-categories of crutches, cranes, and wheelchairs.
The sub-segments in the services provided in the Latin America home healthcare market are telemedicine services, telehealth services, intuition therapy services, and rehab services.
Geographically, Latin America home healthcare market is segment as Mexico, Argentina, Colombia and others. Additionally, market revenues of segments such as device types and services are estimated and forecasted for all the above mentioned geographies. The market size and forecast in terms of USD million for each geography has been provided for the period 2012 to 2020, considering 2013 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2014 to 2020 for each segment.
Latin America home healthcare market, by services is segmented as rehabilitation services, respiratory therapy services, infusion therapy services, telehealth and telemedicine services and unskilled home healthcare services. The market size and forecast in terms of USD million for each service type has been provided for the period 2012 to 2020, considering 2013 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2014 to 2020 for each segment.
Summary of Table of Content
1. Introduction
2. Executive Summary
3. Market Overview
4. Latin America Home Healthcare Market, by Device Type
5. Latin America Home Healthcare Market, by Services
6. Latin America Home Healthcare Market, by Countries
7. Recommendations
8. Company Profiles
Request to Browse Full Table of Content, figure and Tables @ https://www.transparencymarketresearch.com/report-toc/3020