Global Home Medical Equipment Market Growth (Status and Outlook) 2023-2029

Global Home Medical Equipment Market Growth (Status and Outlook) 2023-2029

The global Home Medical Equipment market size is projected to grow from US$ 36760 million in 2022 to US$ 61150 million in 2029; it is expected to grow at a CAGR of 7.5% from 2023 to 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.

LPI (LP Information)' newest research report, the “Home Medical Equipment Industry Forecast” looks at past sales and reviews total world Home Medical Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Home Medical Equipment sales for 2023 through 2029. With Home Medical Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Medical Equipment industry.

This Insight Report provides a comprehensive analysis of the global Home Medical Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Home Medical Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Home Medical Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Medical Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Home Medical Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Home Medical Equipment market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Blood Glucose Monitors
Blood Pressure Monitors
Hearing Aids
Rehabilitation Equipment
Sleep Apnea Devices
Other

Segmentation by application
Retail Pharmacies
Hospital Pharmacies
Online

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.