Global Home Medical Equipment Supply, Demand and Key Producers, 2023-2029
The global Home Medical Equipment market size is expected to reach $ 61920 million by 2029, rising at a market growth of 7.0% CAGR during the forecast period (2023-2029).
Global key players of home medical equipment include Sonova, Medtronic, WS Audiology, Demant, Omron, etc. The top five players hold a share over 22%. North America and Europe are the largest markets, with share about 31%, followed by Asia-Pacific, with share 26%.
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. It is often referred to as "durable" medical equipment (DME) as it is intended to withstand repeated use by non-professionals or the patient, and is appropriate for use in the home.
This report studies the global Home Medical Equipment demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Home Medical Equipment, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Home Medical Equipment that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Home Medical Equipment total market, 2018-2029, (USD Million)
Global Home Medical Equipment total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Home Medical Equipment total market, key domestic companies and share, (USD Million)
Global Home Medical Equipment revenue by player and market share 2018-2023, (USD Million)
Global Home Medical Equipment total market by Type, CAGR, 2018-2029, (USD Million)
Global Home Medical Equipment total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Home Medical Equipment market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Medtronic, Sonova, Demant, WS Audiology, Roche, Lifescan, GN ReSound, Ottobock and Invacare, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Home Medical Equipment market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Home Medical Equipment Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Home Medical Equipment Market, Segmentation by Type
Blood Glucose Monitors
Blood Pressure Monitors
Hearing Aids
Rehabilitation Equipment
Sleep Apnea Devices
Other
Global Home Medical Equipment Market, Segmentation by Application
Retail Pharmacies
Hospital Pharmacies
Online
Companies Profiled:
Medtronic
Sonova
Demant
WS Audiology
Roche
Lifescan
GN ReSound
Ottobock
Invacare
Omron
Abbott Laboratories
Enovis
Ascensia
Starkey
Permobil Corp
Ossur
Yuwell
SANNUO
A&D Company
Microlife
Key Questions Answered
1. How big is the global Home Medical Equipment market?
2. What is the demand of the global Home Medical Equipment market?
3. What is the year over year growth of the global Home Medical Equipment market?
4. What is the total value of the global Home Medical Equipment market?
5. Who are the major players in the global Home Medical Equipment market?
6. What are the growth factors driving the market demand?
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