Home Medical Equipment Market is Witnessing Rapid Growth by 2023

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Presentation transcript:

Opportunity Analysis and Industry Forecast, Homecare Medical Equipment Market Global Opportunity Analysis and Industry Forecast,

The global home medical equipment market accounted for $21,912 million in 2016, and is estimated to reach $32,451 million by 2023, registering a CAGR of 5.7% from 2017 to Therapeutic equipment was the highest contributor in the home medical equipment market with three-fifths share in Home care medical equipment are intended for use in any environment outside a professional healthcare setup such as hospitals and clinics. These equipment can be used for both prevention and treatment of various chronic disease such as respiratory disorders, diabetes, and arthritis. The rise in prevalence of respiratory disorders, growth in geriatric population worldwide, and advancements in the field of home medical devices drive the market growth. In addition, increase in government support encourages the R&D activities for home medical devices, which in turn fuel the growth of the home medical equipment market. However, high risk associated with the usage of medical equipment and growth in reimbursement cuts are expected to restrain the market growth. Introduction of Homecare Medical Equipment Market

Scope ofthe Report Key Benefits Key Audiences Introduction of Homecare Medical Equipment Market

Key Benefits 1.The mobility assist & patient support equipment segment is projected to grow at the highest rate during the analysis period. 2.Japan generated the highest revenue, and is expected to continue its dominance in the future in the Asia-Pacific region. 3.North America dominated the global home medical equipment market, and is projected to continue its dominance in future. 4.Among the mobility assist & patient support equipment segment, wheelchairs are expected to grow at the highest CAGR. 5.Asia-Pacific is expected to be the fastest growing segment. Click to Access Full Summary of Homecare Medical Equipment MarketHomecare Medical Equipment Market

Table of Content (TOC) Chapter 1: Introduction Chapter 2: Executive Summary Chapter 3: Market Overview Chapter 4: Home Medical Equipment Market, By Functionality Chapter 5: Home Medical Equipment Market, By Region Chapter 8: Company Profiles

Segments Homecare Medical Equipment Market Functionality Therapeutic Equipment Patient Monitoring Equipment Mobility Assist & Patient Support Equipment

Segments Homecare Medical Equipment Market Home Respiratory Therapy Equipment Continuous Positive Airway Pressure Equipment Home IV Equipment Home Dialysis Equipment Other Home Therapeutic Equipment

Segments Homecare Medical Equipment Market Patient Monitoring Equipment Blood Glucose Monitors Blood Pressure Monitors Holter Monitors Peak Flow Monitors Apnea Monitors Heart Rate Monitors

Segments Homecare Medical Equipment Market Wheelchairs Manual Wheelchairs Powered Wheelchairs Mobility Scooters Walking Assist Devices Walkers & Rollators Canes & Walking Sticks Crutches Medical Furniture Lift Chairs Medical Beds Stair Lifts Medical Furniture Accessories Bathroom Safety Equipment Bars, Grips & Rails Shower Chairs Elevated Toilet Seats Commodes Mobility Assist & Patient Support Equipment

Company Profiles Homecare Medical Equipment Market 1.ABBOTT LABORATORIES 2.B. BRAUN MELSUNGEN AG 3.BAXTER INTERNATIONAL INC. 4.BECTON, DICKINSON AND COMPANY 5.GE HEALTHCARE (A HEALTHCARE DIVISION OF GE COMPANY) 6.HILL ROM HOLDING INC.

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