Europe Home Medical Equipment Market Size, Share and Forecast 2020-2026
The European home medical equipment market is anticipated to grow at a CAGR of 5.6% during the forecast period (2020-2026). With the continuously evolving health care system of the region with more and more people getting aware of home care and its advantages, the European medical equipment industry is poised to experience lucrative growth.
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Additionally, owing to the low birth rates and higher life expectancy,
in 2019, more than one-fifth (20.3%) of the EU-27 population was registered to
be aged 65 and over by Eurostat. The high number of aged populations in the
region are experiencing multiple chronic conditions, such as diabetes or
dementia, and functional impairments, such as difficulty with basic mobility.
This is expected to drive the adoption of home medical equipment in the region.
Moreover, the high adoption of home medical equipment in the region can also be attributed to the cost-effectiveness in comparison to the care in institutions. Furthermore, most countries across the region have a strong presence of different types of companies or agencies involved in the provision of home care, each usually providing services such as domestic aid, home equipment use, and training, or home nursing. It is another major factor that will provide significant momentum to the European home medical equipment market.
Market
Coverage
·
The
market number available: 2019-2026
·
Base
year- 2019
·
Forecast
period- 2020-2026
Segment
Covered-
·
By Type
·
By
Distribution Channel
Regions
Covered-
·
UK
·
France
·
Italy
·
Spain
·
Germany
·
Rest of
Europe
·
Competitive
Landscape- Fresenius Medical Care Holdings, Inc., General Electric Co.,
Koninklijke Philips N.V., Fresen
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Europe Home
Medical Equipment Market Report Segment
By Type
·
Diagnostic
and Monitoring Device
·
Therapeutic
Devices
·
Mobility
Care Devices
·
Medical
Furniture
By
Distribution Channel
·
Online
·
Offline
Company
Profiles
·
Abbott
Laboratories Inc.
·
B.
Braun Melsungen AG
·
Becton,
Dickinson, and Co.
·
F.
Hoffmann-La Roche Ltd.
·
Fisher
& Paykel Healthcare Corp Ltd.
·
Fresenius
Medical Care AG & Co. KGaA
·
General
Electric Co.
·
Hill-Rom
Holdings, Inc.
·
Johnson
& Johnson
·
Koninklijke
Philips N.V.
·
L Air
Liquide Ord ADR
·
Medtronic
PLC
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