Global Home Healthcare Equipment Market 2024-2028
Global Home Healthcare Equipment Market 2024-2028
The home healthcare equipment market is forecasted to grow by USD 1683.9 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the home healthcare equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in geriatric population, expansion of product portfolio through new launches, and growing areas of application of home healthcare equipment.
Technavio's home healthcare equipment market is segmented as below:
By Product
- Portable ventilators
- Blood pressure monitor
- Blood glucose meter
- Others
By Geographical Landscape
- North America
- Asia
- Europe
- Rest of World (ROW)
This study identifies the increased incidences of life-threatening diseases as one of the prime reasons driving the home healthcare equipment market growth during the next few years. Also, advancement in home healthcare equipment and expansion of vendors geographical presence will lead to sizable demand in the market.
The report on the home healthcare equipment market covers the following areas:
- Home healthcare equipment market sizing
- Home healthcare equipment market forecast
- Home healthcare equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home healthcare equipment market vendors that include 3M Co., Abbott Laboratories, ARKRAY Inc., B.Braun SE, Baxter International Inc., Becton Dickinson and Co., Boston Scientific Corp., Cardinal Health Inc., General Electric Co., Home Medical Products Inc., Invacare Corp., Johnson and Johnson Services Inc., Medline Industries LP, Medtronic Plc, OMRON Corp., ResMed Inc., Rotech Healthcare Inc., Smiths Group Plc, Stryker Corp., and Thermo Fisher Scientific Inc.. Also, the home healthcare equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.