Middle East and Africa Home Healthcare Market

Market Introduction

Home healthcare market includes a wide range of healthcare services for illness in homecare settings. The goal of home healthcare is to treat injury and improve health outcomes for the patient. These services are more convenient and less expensive and are efficient for chronic diseases, elderly population, nutrition therapy and serious illness of the patient.

Middle East and Africa Home Healthcare Strategic Insights

Strategic insights for the Middle East and Africa Home Healthcare provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East and Africa Home Healthcare Report Scope

Middle East and Africa Home Healthcare Regional Insights

The geographic scope of the Middle East and Africa Home Healthcare refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Middle East and Africa home healthcare market is expected to reach US$ 22,558.95 million by 2028 from US$ 13,790.52 million in 2020; it is estimated to grow at a CAGR of 7.3% from 2021 to 2028. The growth of the market is attributed to some of the key driving factors such as increasing preference for home healthcare settings in developing nations and rising focus on telehealth. However, limited insurance coverage and patient safety concerns hinder the growth of the market to a certain extent.

Home healthcare encompasses a wide range of healthcare services provided for managing illnesses at home. Growing support from the government to encourage establishment of home care settings by encouraging the launch of product required for home care settings are the prominent factors supporting the growth of the home healthcare market in the Middle East and Africa. Hospital-at-home initiatives hospital-at-home programs that confer flexibility to hospitals to provide their patients with hospital-level care in their homes. The concept of home healthcare in countries such as Saudi Arabia and the UAE are still in the early growth phase. Moreover, various strategies adopted by the home care setting industry players, including product launches, collaborations, and innovations, are accelerating the market growth. Health systems are adopting telehealth as a tool to extend care at homes to improve outcomes and lower treatment costs. This is encouraging the introduction of more portable and affordable home healthcare devices. Apart from this, increasing partnerships in service providers is further propelling the growth of the market.

As COVID-19 continues to burden health care institutions, the preference for home-based care is growing at a rapid pace. The COVID-19 pandemic has a mixed impact on the Middle East and Africa home healthcare market. It is boosting the adoption of home healthcare monitoring products such as blood glucose monitors, blood pressure monitors, pulse oximeters, and temperature monitors. However, many other companies and service providers have experienced decline in sales due to the discontinuation of manufacturing operations and disruption of supply chains. However, this downturn in is expected to continue for a short term, as the business are gradually picking pace post lockdown. Also, increasing collaborative efforts between service providers is offering lucrative opportunities for the market growth. The pandemic has encouraged trends favoring home care as an alternative to frequent hospital visits.

Key Market Segments

The Middle East and Africa home healthcare market, by product type, is segmented into therapeutic, diagnostic, and mobility assist. The therapeutic segment held the largest share of the market in 2020. Also, the diagnostic segment is anticipated to register the highest CAGR in the market during the forecast period.

The Middle East and Africa home healthcare market, by indication, is segmented into cancer, respiratory diseases, mobility disorders, cardiovascular disorders, pregnancy, wound care, diabetes, and other indications. The cancer segment held the largest market share in 2020. However, the mobility disorders segment is anticipated to register the highest CAGR in the market during the forecast period.

The Middle East and Africa home healthcare market, by service, is segmented into skilled nursing, rehabilitation therapy, hospice and palliative care, unskilled care, respiratory therapy, infusion therapy, and pregnancy care. The skilled nursing segment held the largest share of the market in 2020. Further, the hospice and palliative care segment is anticipated to register the highest CAGR in the market during the forecast period.

Major Sources and Companies Listed

A few of the primary and secondary sources associated with this report on the Middle East and Africa home healthcare market are the Global Burden of Disease (GBD), Hamad Bin Khalifa (HBK), and National Centre for Biotechnology Information (NCBI).

Reasons to buy the report

• Determine prospective investment areas based on a detailed trend analysis of Middle East and Africa home healthcare market over the next years.
• Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
• Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
• Identify the major channels driving the Middle East and Africa home healthcare market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
• Channelize resources by focusing on the ongoing programs undertaken by the different countries within the Middle East and Africa home healthcare market.

MIDDLE EAST AND AFRICA HOME HEALTHCARE MARKET SEGMENTATION

By Product Type

• Therapeutic
• Diagnostic
• Mobility assist

By

Indication

• Cancer
• Respiratory Diseases
• Cardiovascular Disorders
• Mobility Disorders
• Wound Care
• Diabetes
• Pregnancy
• Other Indications

By Service

• Skilled Nursing
• Rehabilitation Therapy
• Hospice and Palliative Care
• Unskilled Care
• Respiratory Therapy
• Infusion Therapy
• Pregnancy Care

By Country

• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East and Africa

Company Profiles

• Fresenius SE & Co. KGaA
• General Electric Company
• LINDE
• F. HOFFMANN-LA ROCHE LTD
• A&D Company, Limited