While The Patient Protection and Affordable Care Act (unofficially referred to as Obamacare) continues to be a talking point here in the US, making waves on both the newswires and at government level, another significant development is taking shape in the country’s healthcare sector – the rise of the home healthcare business.
Global megatrends such as an aging population and the rise of chronic diseases, coupled with the development of the emerging economies, are driving a rapidly growing demand for medical gases and the use of medical gases outside of the hospital.
Growing public health challenges are also driving the rise of the healthcare at home market, an area of increasing interest to the gases business.
Further, as explained in a new report from Research and Markets, patients prefer home healthcare over hospitals for the convenience, privacy, and cost-effectiveness it offers. The move from treatment to proactive monitoring is also opening up new opportunities for the home healthcare market.
A large and lucrative market
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