Therapeutic Homecare Devices Market Overview and Regional Outlook Study 2021 – 2031

Posted by Govind TMR on August 9th, 2022

Therapeutic homecare devices are defined as the devices or equipment that a patient uses post-surgery. Therapeutic homecare devices are designed for the purpose of helping people to recover from any ailment in an easy and effective manner. Generally, these devices are prescribed to patients after any major orthopedic surgery such as hip or knee replacement, cardiac surgeries or in surgeries after which the patient faces difficulty in performing daily activities. Based on devices, therapeutic homecare devices market has been segmented into custom-made beds, walking aids, bath safety, and wheelchairs. 

The report therapeutic homecare devices market offers an evaluation of the aspects that are expected to influence the development of the market and the primary trends have also been specified in the research study. The research study also offers a broad lookout on the vendor landscape of the market through Porter’s five forces analysis. The research publication provides references of mergers and acquisitions, the research and development activities, specifics on licensing and collaborations. The report probes into the strategies related to marketing, shares, and product portfolio of the key participants in the global therapeutic homecare devices market. 

Global Therapeutic Homecare Devices Market: Trends and Prospects 

The therapeutic homecare devices market promises profitable business opportunities during the forecast period owing to increasing demand for home healthcare, rising technological advancements, and abundance of cost-effective alternatives as compared to hospital modalities. Factors such as growing geriatric population and increasing prevalence of chronic diseases along with orthopedic disorders are further augmenting in the therapeutic homecare devices market growth. According to the American Academy of Orthopedic Surgeons, most of the patients who undergo knee replacement belong to the age group from 50 to 80 years. Furthermore, the number of hospital discharges with knee replacement among people of 65 years of age and above has been observed to be continuously increasing every year. Around 90 people in every 10,000 were reported to have undergone a knee replacement surgery in the U.S. in 2009 as against 58 people per 10,000 in 1997. Growing number of orthopedic surgeries has further accelerated the adoption of therapeutic homecare devices among patients who have undergone orthopedic surgeries, hence driving the market. 

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Govind TMR

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Govind TMR
Joined: July 28th, 2022
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