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Home Healthcare Market Set for Rapid Growth Driven by Aging Population
The home healthcare market is projected to grow from $349.02 billion in 2023 to $571.64 billion by 2028, driven by an aging population and advancements in remote care technology. Key trends include the integration of IoT devices and a focus on chronic disease management, enhancing patient outcomes and reducing hospital visits. Major players in the market include Apple Inc., CVS Health, and McKesson Corporation, among others.
global home healthcare market projected to reach 571 billion by 2028
The global home healthcare market is projected to grow significantly, reaching $571.64 billion by 2028, with a CAGR of 10.5%. This growth is driven by factors such as an aging population, chronic illnesses, and a shift towards home-based care. North America currently leads the market, while Asia-Pacific is expected to be the fastest-growing region.
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