Global Homecare Medical Equipment Market Growth (Status and Outlook) 2024-2030
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.
The global Homecare Medical Equipment market size is projected to grow from US$ 42750 million in 2024 to US$ 65860 million in 2030; it is expected to grow at a CAGR of 7.5% from 2024 to 2030.
ReportPrime's newest research report, the “Homecare Medical Equipment Industry Forecast” looks at past sales and reviews total world Homecare Medical Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Homecare Medical Equipment sales for 2023 through 2029.
This Insight Report provides a comprehensive analysis of the global Homecare 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 analyses the strategies of leading global companies with a focus on Homecare Medical Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Homecare Medical Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Homecare Medical Equipment and breaks down the forecast by:
- Type
- Application
- Geography
- Market size
United States market for Homecare Medical Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Homecare Medical Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Homecare Medical Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Homecare Medical Equipment players cover:
- Medtronic
- Sonova
- Demant
- WS Audiology
- Roche
In terms of revenue, the global two largest companies occupied a share of nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Homecare Medical Equipment market by:
- Product type
- Application
- Key players
- Key regions and countries
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
Frequently Asked Questions
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