The increasing prevalence of chronic diseases among the geriatric population is driving the “Netherlands home healthcare market”. The above information is published in a report, titled “Netherlands Home Healthcare: Market Analysis, Insights and Forecast, 2019-2026.” Fortune Business Insights in the report predicts that rising geriatric population in the Netherlands is leading to high demand for home healthcare equipment.
A study by Central Bureau Statistics (CBU), it is estimated that around 3.31 million people in the Netherlands are aged above 65 years. Also, the study predicts that the number will increase by 2026. This further indicates that the adoption of home healthcare products will increase in the forthcoming years.
As per the report by Fortune Business Insights, the Netherlands market was worth US$ 570.0 Mn in 2018 and is anticipated to reach US$ 1013.1 Mn by 2026. As home healthcare is a viable option and increasingly adopted by the elderly population, the market for home healthcare in the Netherlands is likely to exhibit a healthy CAGR of 7.6% during the forecast period.
Some of the other companies operating in the Netherlands home healthcare market include
- Molnlycke Health Care,
- ConvaTec Group plc
- Melsungen AG
- Hollister Inc.
- Medline Industries Inc.
- Acelity L.P. among others.
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Baxter Launches an Advanced Remote Management Software Offering Assistance to Home Patients
The Netherlands home healthcare market is semi-consolidated ranging from small-scale to mid-sized companies. Currently, companies such as SCA, Unicharm, and Kimberly Clark are leading the market in the Netherlands. Moreover, these three companies covered 50% of the overall market in the country in 2018. Several companies are involving in strategic decisions to broaden their product portfolio and strengthen their market position. For instance, Baxter International Inc. launched an advanced remote patient management software in 2018. The software called SHARESOURCE is user-friendly and offers healthcare support to home dialysis patients. Another company called Fresenius Medical Care acquired NxStage Medical, Inc. in 2019. The aim of this acquisition is to strengthen its position, especially in home-based hemodialysis machines market.
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