Global Home Medical Equipment Market Size, Share, Analysis, Industry Report and Forecast 2019-2025
The global home medical equipment market is anticipated to grow at a CAGR of 6%, during the forecast period. Increasing incidence and prevalence rate of various chronic diseases, such as diabetes, asthma, and CVD is the major factor that is augmenting the global market growth. Due to increasing patient base regarding chronic diseases, the home care solution is experiencing continuous growth across the globe. There are several institutions and organizations along with hospitals, that are providing healthcare solutions to the people at their remote location that provides considerable growth opportunity to the home medical equipment market.
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Moreover, various government
organizations conduct programs and schedules to treat chronic diseases to
people. For instance, Canada Respiratory Home care Solution provides various
facilities such as 24/7 oxygen support, clinical education and oxygen support.
The organization offers oxygen cylinder, oxygen concentrator, home fill oxygen
system and others. Additionally, the increasing demand for wearable healthcare
devices, such as smartwatches and monitoring devices, due to rising awareness
related to healthcare and the sedentary lifestyle, further contribute to the
market growth. One of the finest instances of a popular diabetic wearable
medical device is ‘continuous glucose monitoring system’. This wearable device
tracks an individual’s glucose level round the clock specifying the high and lows
of glucose levels for quick action.
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Global Home
Medical Equipment Market Segmentation
·
Diagnostic
and Monitoring Device
·
Blood
Pressure Monitors
·
Glucose
Monitoring Devices
·
Others
(Pregnancy and Ovulation Kits)
·
Therapeutic
Devices
·
Dialysis
Equipment
·
Respiratory
Equipment
·
Others
(Sleep Apnea Therapeutic Devices)
·
Mobility
Care Devices
·
Wheelchair
·
Mobility
Scooters
·
Walkers,
Canes, and Crutches
·
Medical
Furniture
·
Others
(Rollators)
Regional
Analysis
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
Company
Profiles
·
Abbott
Laboratories Inc.
·
B.
Braun Melsungen AG
·
Bayer
AG
·
Becton,
Dickinson and Co.
·
CESCO
Bio Products
·
F.
Hoffmann-La Roche Ltd.
·
Fresenius
Medical Care Holdings, Inc.
·
General
Electric Co.
·
GF
Health Products, Inc.
·
Hill-Rom
Holdings, Inc.
·
Invacare
Corp.
·
Koninklijke
Philips N.V.
·
L’AIR
LIQUIDE S.A.
·
McKesson
Corp.
·
Medical
Depot, Inc.
·
Medtronic
PLC
·
Omron
Healthcare, Inc.
·
Rotech
Healthcare Inc
·
Stryker
Corp.
·
Sunrise
Medical (US) LLC
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