Long-Term Acute Care Products Market
The size of the worldwide long-term care industry, estimated at USD 991.6 billion in 2021, is predicted to expand at a compound annual growth rate (CAGR) of 6.55% during the next five years. The growing elderly population around the world is a primary driver of the long-term care (LTC) business. Additionally, a longer life expectancy drives demand for LTC services. Elderly people’s unmet requirements also contribute to market expansion. The provision of personal care at home prevents patients from needless hospitalisation, saving them from its high expense and declining quality of life.Long-term care encompasses a wide range of services, from daytime assistance with daily living activities (ADLs) to skilled nursing, rehabilitation, specialist care, and sub-acute care. It is typically provided for a long time, during which the patient’s needs may alter and demand increasing degrees of care. Supporting patients in maintaining the highest level of functional autonomy while providing a seamless continuum of care is one of the fundamental objectives of long-term acute care. The three main types of long-term care are: nursing homes, which primarily provide inpatient nursing and health-related personal care; home health care, which includes medical care services provided at home by nonprofit organisations that provide home-based health care; and hospice care, which provides psychological, medical, and spiritual support.
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Long-Term Acute Care Products Market: Segment Analysis
Global Long-Term Acute Care Products Market: Top Key Players
Medtronic
Baxter
Siemens
BD
Stryker
Philips
Boston Scientific
Cardinal Health
Abbott Laboratories
GE
Terumo
Fresenius Medical Care
Johnson & Johnson
Novartis
Global Long-Term Acute Care Products Market: By Types
Blood Devices
Oxygen Delivery Devices
Aerosol Delivery Devices
Standard and Advanced Wound Dressings
Skin Substitutes
Peritoneal Dialysises
Heart Monitors
Others
Global Long-Term Acute Care Products Market: By Applications
Respiratory Therapy
Wound Care
Dialysis
Other Therapy
Global Long-Term Acute Care Products Market: By Countries
United States
Canada
Germany
UK
France
Italy
Spain
Russia
China
Japan
South Korea
Australia
Thailand
Brazil
Argentina
Chile
South Africa
Egypt
UAE
Saudi Arabia
Key Regions & Countries
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Physiotherapy Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Questions Answered in This Report:
• What is the driving factor for the growth of this market ?
• How will the COVID-19 pandemic impact the demand and consumption of the Long-Term Acute Care Products ?
• What is the major application area of this market?
• Who are the Long-Term Acute Care Products manufacturers across the globe?
• Which geographical location is dominant in this market ?
• Which are the top industry players in this market ?
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