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Home medical equipment is a category of devices used for patients whose care is being managed from a home or other private facility managed by a nonprofessional caregiver or family member.
Market Analysis and Insights: Global Home Medical Device Market
Due to the COVID-19 pandemic, the global Home Medical Device market size is estimated to be worth US$ 37790 million in 2022 and is forecast to a readjusted size of US$ 57010 million by 2028 with a CAGR of 7.1% during the review period. Fully considering the economic change by this health crisis, Wheelchairs accounting for % of the Home Medical Device global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Home Tests segment is altered to an % CAGR throughout this forecast period.
Ageing population increase, growing incidence of chronic diseases and rising healthcare expenditure are some of the key factors driving the growth of global home medical equipment market.
Global Home Medical Device Scope and Segment
Home Medical Device market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Home Medical Device market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Wheelchairs
Scooters
Oxygen treatment equipment
Accessibility beds
Lifts
Toilets
Others
Segment by Application
Home Tests
Patient Monitoring
Others
By Company
Abbott
Procter & Gamble
Syntron
GE Healthcare
Philips Healthcare
Spacelabs Healtchare
Schiller
3M Healthcare
Alere
Quidel
Prestige Brands
Church & Dwight
Geratherm Medical
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Market Analysis and Insights: Global Home Medical Device Market
Due to the COVID-19 pandemic, the global Home Medical Device market size is estimated to be worth US$ 37790 million in 2022 and is forecast to a readjusted size of US$ 57010 million by 2028 with a CAGR of 7.1% during the review period. Fully considering the economic change by this health crisis, Wheelchairs accounting for % of the Home Medical Device global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Home Tests segment is altered to an % CAGR throughout this forecast period.
Ageing population increase, growing incidence of chronic diseases and rising healthcare expenditure are some of the key factors driving the growth of global home medical equipment market.
Global Home Medical Device Scope and Segment
Home Medical Device market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Home Medical Device market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Wheelchairs
Scooters
Oxygen treatment equipment
Accessibility beds
Lifts
Toilets
Others
Segment by Application
Home Tests
Patient Monitoring
Others
By Company
Abbott
Procter & Gamble
Syntron
GE Healthcare
Philips Healthcare
Spacelabs Healtchare
Schiller
3M Healthcare
Alere
Quidel
Prestige Brands
Church & Dwight
Geratherm Medical
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
