Home Medical Equipment Market Overview by demand, gross margin, and forecast 2025

25/nov/2020 18:44:40 Market Research Future Contatta l'autore

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The research report provides a big picture on hme industry key Player son a global basis, offering a forecast and statistic in terms of revenue during the forecast period

Global Home Medical Equipment Market Research Report: By Functionality (Therapeutic Equipment, Patient Monitoring Equipment, Mobility Assist & Patient Support Equipment) and By End-User (Hospitals, Emergency Clinics, Homecare Settings) — Forecast to 2025

According to MRFR analysis, Home Medical Equipment Market is expected to register a CAGR of 5.9% during the forecast period of 2019 to 2015 and was valued at USD 24,504.33 Million in 2018.

Also Read https://www.medgadget.com/2020/08/home-medical-equipment-market-2020-global-trends-market-segments-demand-outlook-comprehensive-analysis-and-regional-demand.html

 Home medical equipment consists of a broad range of devices intended for use at home or other non-clinical settings. The delivery of healthcare services will see an evident shift from clinical to homecare settings is positively influencing the home medical equipment market.

Segmentation

The global home medical equipment market has been segmented into functionality and end-user.

By functionality, the market has been segmented into therapeutic equipment, patient monitoring equipment, and mobility assist & patient support equipment. The therapeutic equipment is further classified into home respiratory therapy equipment, home IV equipment, home dialysis equipment, and other home therapeutic equipment. The patient monitoring equipment is subsequently segmented into blood glucose monitors, blood pressure monitors, Holter monitors, apnea monitors, heart rate monitors, baby monitors, electronic thermometers, and coagulation monitors. The mobility assist & patient support equipment is further segmented into wheelchairs, mobility scooters, medical furniture, bathroom safety equipment.

The global home medical equipment market, by end-user, has been segmented into hospitals, emergency clinics, home care settings, and others.

Regional Analysis

On a regional basis, the Americas is anticipated to dominate the global home medical equipment market owing to the rising demand for invasive and non-invasive monitoring devices and the increasing prevalence of chronic diseases in the region. For instance, in 2018, an estimated 1,735,350 cases of cancer were diagnosed in the US. Moreover, the presence of advanced healthcare technologies in the Americas is projected to boost the market growth. Europe accounted for the second-largest share in the market in 2018. This is attributed to improved medical infrastructure and growing patient awareness about home medical equipment.

Read More https://www.marketresearchfuture.com/reports/home-medical-equipment-market-8486

NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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