Netherlands Home Healthcare Market Size To Grow At A CAGR Of 7.9% In The Forecast Period Of 2022-2027 | EMR Inc.
Netherlands Home Healthcare Market Size, Share, Trends, Growth, Price, Key Players, Report, Forecast 2022-2027
The ‘Netherlands Home Healthcare Market Price, Size, Growth, Analysis, Report and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the Netherlands home healthcare market, assessing the market on the basis of its segments like equipment and services.
Netherlands Home Healthcare Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
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The key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 7.9%
|Growth Rate CAGR||7.9%|
|Major Players||Clinical Trial Service B.V., Koninklijke Philips N.V., OneMed BV, Smith & Nephew,
Coloplast Corp, and Medline Industries, LP, among others
The increasing geriatric population and the growing prevalence of chronic mental and physical disability are driving the home healthcare market in Netherlands. The changing preference of patients towards homecare settings, owing to the increasing costs of hospital treatment and costly surgical processes, is another driving factor of the Netherlands home healthcare market.
Home healthcare settings include baby scales, meal services, crutches on lease, and lifting devices, among others. These products and services allow the patients to regain their independence as well as facilitate self-sufficiency. In this regard, the market is expected to project promising numbers in the forecast period. Moreover, the government of Netherlands offers the option of long-term and short-term healthcare services for the convenience of patients, driving the growth of the market in the region.
Approximately 600,000 patients use Dutch home healthcare services . This number is expected to increase in the coming years owing to the technological advancements in the medical devices which are anticipated to come with additional advanced features and patient-friendly interface. These advancements are likely to offer lucrative opportunities to the Netherlands home healthcare market.
Furthermore, the favourable growth opportunities available in the country are anticipated to bolster the pace of product innovations in the forecast period. These innovations are likely to aid the market growth.
Netherlands Home Healthcare Industry Definition and Major Segments
Home healthcare refers to the products and services which are provided in homes to counter injuries, illness, or any sort of disease. Home healthcare is considered affordable, convenient, and the patient can comfortably recover in their homes without the need for hospitalisation. Some of the typical examples of home healthcare include wound care, injections, and medical wearables, among others.
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Based on equipment, the Netherlands home healthcare market can be segmented into:
• Mobility Assist
The market can be broadly categorised based on services into:
- Skilled Home Healthcare Services
- Physician Primary Care
- Nursing Care
- Physical/Occupational/Speech therapy
- Nutritional Support
- Hospice and Palliative Care
- Unskilled Home Healthcare Services
Netherlands Home Healthcare Market Trends
The favourable policies of the government of Netherlands supporting efficient and cost-effective home healthcare settings are the key trends augmenting the Netherlands home healthcare market. The increasing availability of skilled home healthcare service providers is likely to be another key trend in the market.
Netherlands is witnessing a significant increase in efforts and initiatives by the authorities to bolster the home healthcare infrastructure. For instance, municipality and health insurance companies finance nursing and personal care at home. Hence, these initiatives are anticipated to propel the demand for home healthcare products and services in the forecast period. Also, the Social Support Act and Chronic Care Act are two of the major initiatives which are augmenting the expansion of home healthcare services.
Moreover, the growing inclination towards round-the-clock residential home healthcare, due to the increasing hospitalisation costs and increasing fear of hospital acquired contaminations or infections are likely to drive the Netherlands home healthcare market growth.
Various technological advancements and the growing research and development activities by the major market players in the country are likely to propel the market growth in the region. These activities will improve the quality of therapeutic devices such as nebulisers and ventilators, among others.
Key Market Players
Some major players in the market:
• Clinical Trial Service B.V.
• Koninklijke Philips N.V.
• OneMed BV
• Smith & Nephew
• Coloplast Corp
• Medline Industries, LP
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
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