HEALTH CAREGIVING MARKET ANALYSIS

Health Caregiving Market, by Service Type (Daily Essential Activities (Meals, Home, and Personal Care, Home Repair, Home Delivery, Transportation Services), Health and Safety Awareness (Health Vital Alerts, Diet and Nutrition, Medication Management, Personal Safety Monitoring, Telehealth), Care Coordination (Care Planning, Care Professional Engagement, Records and Benefits Management, Recovery Support), Transition Support (Home Retrofit Service, Long-Term Care Insurance Planning, Long-Term Care Provider Referral, Legal Assistance, Hospice/Funeral Planning), Social Well-Being (Digital Inclusion, Life Enrichment and Empowerment, Community Networking, Life Companion), Caregiver Quality of Life), By End User (Geriatric Population, Disabled Population, Neonatal and Pediatric Population, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) -

Published In : Jun 2023
Code : CMI3680
Pages :175
Formats :
Excel and PDF
Industry : Pharmaceutical

Market News

Global Health Caregiving Market: Key Developments

In August 2021, Honor Technology, Inc., a senior care network and technology platform, acquired Home Instead, Inc. provider of personalized home care services for aging adults, safely in their own homes. The acquisition brings together the home care network and the home care technology and operations platform to transform the professional caregiver and client experience and revolutionize care for older adults.

In January 2020, Hometeam Technologies, Inc., a technology and clinical services organization dedicated to supporting caregivers and connecting their insights to the rest of the care team through the Hometeam Program, announced that the company has officially changed its name to Vesta Healthcare. Vesta Healthcare provides intuitive technology for caregivers in the home and supports them through 24/7 telehealth capabilities.

On April 19, 2023, Seniorlink, a tech-enabled health services company transforming care management in the home partnership with Caregiver Homes an expert care team, emotional support, and financial assistance for families. announced they are bringing their multiple brands, which also includes proprietary app brand Vela, together under one name: Careforth. Through its clinical teams, expert coaches, and digital tools, Careforth empowers and enables thousands of family caregivers across America to confidently care at home.

In June 2020, GreatCall, Inc., a connected health for active aging, recalled MobilePlus devices, a medical alert device that keeps older adults safe and independent by providing the fast agent response time, connecting customers to trained urgent response services with one touch of a button. Some portion of its recently launched Lively MobilePlus devices, and has halted the sale of new units. The exact nature of the defect is not clear, but GreatCall referred to the recall in letters to purchasers as an ‘important safety recall.’