The home healthcare equipment market in the UK was valued at $2.1 billion in 2008. It is forecast to reach $3.8 billion in 2015 with a CAGR of 9%.
Online PR News – 09-December-2009 – – The home healthcare equipment market in the UK was valued at $2.1 billion in 2008. It is forecast to reach $3.8 billion in 2015 with a CAGR of 9%. The need to control healthcare costs, technological advances and increasing number of patients are expected to be the drivers behind this growth. Cost effectiveness of home healthcare has resulted in increased adoption rates of these devices.
While lack of reimbursement for advanced technologies and product recalls remain the key challenges, increasing need to control the rising healthcare costs and positive demographics should ensure that the home healthcare equipment market in the UK continues to grow at a steady pace.
This analysis was taken from a research paper published by GlobalData, to download the full Research Paper for free, click below:
Access the latest Diabetes Care Devices analysis for free at http://www.researchviews.com
ResearchViews is your number one portal for industry related news, research, analysis and deals data. ResearchViews offers up to the minute content produced by an expert team of industry analysts.
All content on the site is free to view and allows users to keep up to date with the latest developments in their chosen industry. Free daily and weekly newsletters provide a snapshot of the major issues affecting the industry. The site also features a research store, providing the user with access to premium business intelligence from some of the world's leading market research publishers.