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US Home Healthcare Equipment & Services Market: An Analysis

Published Date : 1 December 2009
Pages : 38
  Add to Cart - US Home Healthcare Equipment & Services Market: An Analysis
 

Home healthcare equipment and services in the US have become a very important part of the healthcare industry over the years. The increasing hospitalization costs has increased the demand for low-cost alternative, which in turn, has resulted in the emergence and growth of home healthcare facilities for the elderly, sick and disabled in the country. It has become a fast-growing competitive market, driven by the aging population who have shown a preference to receive care at their homes.

The home healthcare segment is a significant contributor to the US GDP. The country spends more than any other nation on the healthcare services. Innovations in the medical sector have further increased healthcare spending as the easy availability of new treatments has made it possible for patients to use them at home as well as in clinics. Cost effectiveness, privacy and the comfort of receiving treatments at home has driven the demand for home healthcare services, thereby leading to an increase in the number of home healthcare agencies in the country.

The home healthcare equipment and services industry is growing on account of the changing technological base. For the coming years, the industry is projected to thrive on the back of various factors like the increasing incidences of various chronic diseases, rising number of respiratory diseases, and the aging generation of the baby boomers.

The report titled “Aging Population Driving the US Home Healthcare Equipment & Service Market” analyzes the different segments of the industry. It explores the potential business opportunities that exist for this industry. Further, factors that are driving the growth of the industry have been assessed as well. Also, major industry trends have been outlined. The report also profiles the leading players, underlining their sales and business strategies.

In addition, we have predicted the future growth of the home healthcare expenditure for medicare industry by combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings. We employed various significant variables that have an impact on this industry and created regression models with SPSS to determine the future direction of the industry.
 

 
Table of Contents :

1. Industry Overview

1.1 Industry Definition
1.2 Scope of Study

2. Market Analysis

National Health Care Expenditure
Home Health Care Expenditure

3. Market Segment Analysis

3.1 Home Respiratory Therapy
3.1.1 Growth Factors

Sleep Apnea
Demand of Respiratory Therapy Equipment

3.2 Home Infusion Therapy
3.2.1 Growth Factors

Cost Advantage
Technological Trend

3.3 Durable Medical Equipment
3.3.1 Growth Factors

New Technologies
Aging Population

3.4 Home dialysis Market
3.4.1 Driving Factors (Home Hemodialysis)

Increasing Prevalence of Diabetes & Hypertension
Aging Population
Nocturnal Dialysis & Increase in Survival rates in Home Hemodialysis

4. Key Trends

Aging Population Drivi9ng Home Care
Increase in Employment Level
Rising Number of Home Healthcare Agencies
Cost Effectiveness

5. Major Challenges

Reimbursement Cuts for Medicare & Medicaid Services

6. Opportunities

New Intravenous drugs & Biologic Products
Growing Need of Aging Population
Increasing Awareness of Home Hemodialysis

7. Company Profiles

7.1 Invacare

Overview
Business Segment
Business Strategies
Product Innovation
Cost Reduction

7.2 American Homepatient Inc.

Overview
Business Segment
Business Strategies
Re-focusing on Sales & Marketing
Focus on Respiratory Services

7.3 NxStage

Overview
Business Segment
Business Strategies
Product Quality & Ease of Use
Acquisitions & Strategic Alliances

8. Market Outlook

8.1 Market Forecast

8.2 Forecast Methodology
8.2.1 Dependent and Independent Variables
8.2.2 Correlation analysis
8.2.3 Regression Analysis

List of Tables

Cost of Chemotherapy for Children with Cancer
US: Home & Center Dialysis Treatment in Thousand (2001-08)
Growth in Home & Center Dialysis Treatment (2001-08)
US Population Growth by Age Group (2000-20E)
Increasing Survival Rates in Home Treatment in Dialysis
Cost Comparison between Hospital & Home care
Mix of Medicare Oxygen Equipment & Monthly Payment Rates (2008)
Reduction in Average DME Payment Cut Due to Competitive Bidding (2008)
Revenue by Business Segment for Invacare (2007 & 2008)
Revenue by Business Segments for NxStage (2007 & 2008)
Revenue by Geographic Segments for NxStage (2007 & 2008)
Dependent & Independent Variables (2001– 2009)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output

List of Graphs

US: National Health Care Expenditure as a Percent of GDP
US: Home Health Care Expenditure (2004-08)
US: Number of Patients with OSA (2006A–11E)
US: Estimated Respiratory Market Size & COPD Share (2010E-15E)
US: Durable Medical Equipment Expenditure (2004-08)
US: Population Aged 65 & More (2006A–15E)
US: Number of Diabetic Cases (2008-13E)
US: Patients for Home (Home Hemodialysis) (2009E-12E)
US: Patients for Home (Peritoneal Hemodialysis) (2009E-12E)
US: Age Group 65 & More Population Growth (2004–08)
Home Health Care Services: Total Employment in the US (2002–07)
US: Home Care Agencies Growth (2001–07)
US: Patients for Home Treatment (2009E-12E)
US: Patients for Home Treatment (Remaining Opportunity) (2009E-12E)
US: Home Healthcare Expenditure Forecast (2008A–13E)
US: Durable Medical Equipment Expenditure (2009E-18E)
US: Breakup of National Health Expenditure in 2008 (%)
US: Breakup of Home Healthcare Expenditure in 2008 (%)
Home Medical Equipment & Services Segments (%): (2008)
Invacare: NA/HME: Revenue by Product (2008)
Invacare: Europe: Revenue by Product (2008)
Invacare: Asia/Pacific: Revenue by Product (2008)
American Homepatient: Revenue by Business Segment (2008)

 

Published By :Koncept Analytics

 

 
  

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