The Latin America, Middle East and Africa Pediatric Home Healthcare Market would witness market growth of 8.4% CAGR during the forecast period (2021-2027).
In recent years, medical interventions from home healthcare have been improved. This leads to a surge in the life expectancy of premature babies. Therefore, it has created a demand for in-home pediatric care services. Those infants who are born prematurely and weigh less than 1 pound, mostly suffer from several chronic conditions. They require extra care in their early stages of growth. Moreover, assistive equipment and devices like gastric tubes, nebulizers, ventilators, CPAP, and apnea monitors are easily accessible. Using these devices, infants with complicated diseases are allowed to get discharged from neonatal intensive care units. However, they still require medical assistance with pediatric nursing care facilities at home.
There is a considerable surge in the number of children with Medical Complexities. These children require in-home care that is expected to boost the pediatric home healthcare market during the forecast period. In-home pediatric services reduced the medical expenditure by decreasing the hospital stays for children who require complex medical assistance. The pediatric care service is a prospering sector in the home healthcare industry. It is offering immense opportunities for players to expand their services. These factors are expected to contribute to the growth of pediatric home healthcare in the forecast period.
The pediatric healthcare market is steadily growing in the Middle East and Africa. Pediatric healthcare involves taking care of children, infants, and adolescents' health conditions. More than half of children below the age of 5 died in Africa due to lack of treatment. Poverty in this region discourages people from buying costly and advance healthcare devices to be used in pediatric home healthcare. This resulted in death of children less than 5 years due to preterm birth complications like pneumonia, diarrhea, and malaria. There is a high possibility of neurological and muscular deficits in premature infants in Africa. It is expected to drive demand for rehabilitation therapy services in this region. Increasing cases of chronic diseases among children, increasing awareness among people, and developing healthcare infrastructure in the Middle East and Africa region is leading the growth for pediatric healthcare.
The Rehabilitation Therapy Services market dominated the Saudi Arabia Pediatric Home Healthcare Market by Service in 2020, thereby, achieving a market value of $537.1 million by 2027. The Skilled Nursing Services market is estimated to grow at a CAGR of 7.5% during (2021 - 2027). Additionally, The Personal Care Assistance market would showcase highest CAGR of 11.8% during (2021 - 2027).
Based on Service, the market is segmented into Rehabilitation Therapy Services, Skilled Nursing Services and Personal Care Assistance. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Pediatric Home Healthcare Market is Predict to reach $59.2 Billion by 2027, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aveanna Healthcare LLC, DJK Home Healthcare LLC (Children’s Home Healthcare), BAYADA Home Health Care, Inc., Tendercare Home Health Services, Inc., Brightstar Care (Moving Health Home), Pediatric Home Healthcare, LLC, EnViva Complex Care Limited (Complete Care Holdings Limited), Interim HealthCare, Inc. (Caring Brands International), eKidzCare, and MGA Home Healthcare, LLC (Flexpoint Ford, LLC).
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