SkyQuest’s Europe Home Healthcare Market report provides actionable insights for individuals interested in valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is produced and published concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections.
According to SkyQuest, Europe Home Healthcare Market projected to achieve a value of USD 162.78 billion by 2030, with a CAGR of 7.6% during the forecast period (2023-2030). The market’s growth will be significant due to factors such as the aging population, chronic diseases, government initiatives, cost-effectiveness, and technological advancements. Furthermore, the report states that Europe’s aging population is expected to exceed 150 million by 2050, leading to increased demand for home healthcare services as elderly individuals prefer to receive care at their own homes.
The report also reveals that home healthcare services can reduce healthcare costs by up to 30% compared to hospitalisation or institutional care. This demonstrates the cost-effectiveness of home healthcare services compared to hospitalisation or institutional care, leading to an increased demand for home healthcare services in Europe.
Source: globenewswire
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