North America Home Medical Equipment Market Size, Share and Forecast 2020-2026
The North American home medical equipment market is anticipated to grow with a considerable CAGR of 5.4% during the forecast period (2020-2026). The increase in the popularity of in-home care across the region in order to gain a cost advantage and reduce hospital expenditure is the major growth driver for the home medical equipment market. The increasing preference of patients to opt for home care owing to the convenience and privacy is also driving the growth of the home medical equipment market. Certain factors such as innovation in the products, easy availability of equipment, and aging demographics are also providing an edge to the growing home medical equipment market in North America.
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Furthermore, the burden of chronic diseases has increased significantly
across the region in recent decades. According to the US Center for Disease
Control and Presentation (CDC), six in ten Americans live with at least one
chronic disease, such as heart disease & stroke, cancer, or diabetes.
Moreover, the surge in hospital healthcare costs is also making people adopt
home care, thereby influencing the growth of the home medical equipment market.
Market
Coverage
·
The
market number available for – 2019-2026
·
Base
year- 2019
·
Forecast
period- 2020-2026
Segment
Covered-
·
By Type
·
By
Distribution Channel
Regions
Covered-
·
US
·
Canada
·
Competitive
Landscape- B. Braun Melsungen AG, Abbott Laboratories, F. Hoffmann-La Roche
Ltd., General Electric Co., Invacare Corp.
A
full Report of North America Home Medical Equipment Market is Available
at: https://www.omrglobal.com/industry-reports/north-american-home-medical-equipment-market
North America
Home Medical Equipment Market Report Segment
By Type
·
Diagnostic
and Monitoring Device
·
Therapeutic
Devices
·
Mobility
Care Devices
·
Medical
Furniture
By
Distribution Channel
·
Online
·
Offline
North America
Home Medical Equipment Market Report Segment by Geography
·
US
·
Canada
Company
Profiles
·
Abbott
Laboratories Inc.
·
Arkray
Inc.
·
B.
Braun Melsungen AG
·
Baxter
International Inc.
·
Becton
Dickinson and Co.
·
F.
Hoffmann-La Roche Ltd.
·
Fisher
& Paykel Healthcare Corp Ltd.
·
Fresenius
Medical Care AG & Co.
·
General
Electric Co.
·
GF
Health Products, Inc.
·
Hill-Rom
Holdings, Inc.
·
Invacare
Corp.
·
Johnson
& Johnson
·
Koninklijke
Philips N.V.
·
Medical
Depot, Inc.
·
Medtronic
PLC
·
Omron
Healthcare, Inc.
·
Rotech
Healthcare Inc.
·
Stryker
Corp.
·
Sunrise
Medical, Inc.
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