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Global Cardio Diabetes Conclave 2019
2019-10-18 - 2019-10-20    
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Articles

Increasing Geriatric Population Has Created a High Demand for Home Healthcare

uk home healthcare

Author’s Bio:
Name: Deepu Bhat
Deepu is currently working as a content specialist in a reputed market research firm Fortune Business Insights. As a content writer and editor, her role involves creating unique contents. She has experience in writing articles, blogs, press releases, and social media marketing. Deepu believes in writing engaging content as per customer requirements. She strongly believes in continuous learning and improving her skill sets. She specializes in offering key insights and relevant information

The adoption of home healthcare services rises in response to the geriatric population. Home healthcare offer several facilities to those ailing and the ageing population. As aged people are often too vulnerable to chronic ailments, frequent hospital visits can be common among them. According to the Central Bureau of Statistics (CBS), the total population over the age of 65 in the UK was an estimated 3.31 million in 2019. This accounted for more than 19% of the total population in the region and such high numbers will favor the growth of the Uk Home Healthcare Market in the coming years. Furthermore, according to the 2023 statistics, the total elderly population increased from 19.4% in 2019 to 23%. The high prevalence of ageing and elderly population provides several growth opportunities for the UK home healthcare market.

Recent Technological Advancements in Home Healthcare Devices Will Favor Growth

The demand for easy-to-use devices has led to several innovations in home healthcare systems. The primary reason behind ease in functionality is the fact that home healthcare devices do not operate under the supervision of any skilled professionals or related doctors. This, in turn, has led to several technological advancements in home healthcare market in the UK. Advancements in products such as breast pumps, prosthetic devices, nebulizers, walkers and wheelchairs, and artificial limbs have contributed to the growth of the UK home healthcare market. Fortune Business Insights has predicted that these technological interventions will enable growth of the market in the forthcoming years.

The report encompasses several market aspects and forecasts market values for the period of 2019-2026. The report includes a detailed analysis of several factors that have aided the growth of the UK home healthcare market. Furthermore, the report provides a thorough assessment of leading companies that are operating in the UK home healthcare market. The report gauges the impact that these companies have on the market and also identifies companies that will lead the market in the forthcoming years.

Source:
https://www.fortunebusinessinsights.com/industry-reports/u-k-home-healthcare-market-100866