Tag Archives: Rehabilitation

Home Healthcare Market: Asia To Witness Highest Growth Rate

The growth of this market is mainly driven by the growing geriatric population; increasing incidence of chronic diseases; and rising demand for affordable healthcare delivery systems due to increasing healthcare cost, technological advancements, and government initiatives to promote home healthcare.

Rising incidence of chronic diseases

In recent years, chronic diseases that require long-term treatment have replaced infections as the primary cause of age-related death, and this shift is not limited to the developed world. Treating and managing chronic illnesses has become a major concern. Nearly 50% of all home healthcare patients have at least one chronic illness, and this number is expected to keep increasing in future. Chronic diseases, which affect older adults disproportionately, contribute to disabilities, diminish the quality of life, and increase long-term care costs, thus opening an array of opportunities for various home healthcare companies.

Augmented Reality and Virtual Market is anticipated to hit $1.4 Billion by 2023 at a CAGR of 18.02%

According to the new market research report by IndustryARC titled “Augmented Reality and Virtual Reality in Healthcare Market: By Type (Augmented & Virtual Reality); By End-User (Surgical & Rehabilitation, Training, 3D Operation Room Simulations, Simulations, Diagnostics, Virtual Reality Exposure Therapy) – By Geography – With Forecast (2018- 2023)”, the market is influenced by the large demands from emerging economies such as India and China, due to increasing investments in these countries.

Americas held the largest market share in Augmented and Virtual Reality Robotic Surgery Market