Home Medical Equipment Market Research and Forecast Report 2023-2028

1. Global Home Medical Equipment Market Research and Forecast Report 2023- 2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Home Medical Equipment Market Research Report: The latest report by IMARC, titled “Home Medical Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global home medical equipment market size reached US$ 37.6 Billion in 2022. Home medical equipment are designed to provide medical support to patients requiring ongoing care at home. This includes oxygen concentrators, high-pressure cylinders, nebulizers, respiratory assist devices, and continuous positive airway pressure (CPAP) machines. Home medical equipment allows patients to receive high-quality medical care at home, which is especially beneficial for patients with chronic conditions or injuries that require ongoing care. Caregivers extensively utilize devices, such as pulse oximeters, blood glucose monitors, and blood pressure monitors, to regularly check and report on the patient's health status, allowing for timely interventions and adjustments to the treatment plan. Furthermore, home medical equipment enhances the safety of patients by reducing the risks associated with hospitalization, such as hospital-acquired infections, medication errors, and falls. By receiving care at home, patients can stay in a familiar and comfortable environment, which can promote faster healing and better overall health outcomes. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/home-medical-equipment-

4. Report Description and Highlights Report Description Global Home Medical Equipment Market Trends: The global market for home medical equipment is being driven by various factors, including the growing prevalence of chronic diseases such as cancer, stroke, arthritis, diabetes, influenza, pneumonia, septicemia, and kidney, heart, respiratory, and Alzheimer's disease. In addition to this, there has been a rising demand for oxygen-related products in home medical equipment owing to the increasing incidence of chronic obstructive pulmonary disease (COPD), which, in turn, is fueling the market growth. Moreover, the development of innovative home medical equipment, such as needle-free diabetic care, medication administration equipment, medical beds, and lift chairs, and the growing geriatric population are boosting the market growth. Apart from this, the rapidly expanding healthcare industry and the rising awareness about the benefits of home medical equipment are other factors driving the market growth. Furthermore, key players in the market are investing heavily in research and development (R&D) activities to incorporate advanced technologies, such as wearable devices, telehealth, and mobile health software in home medical equipment, which is expected to positively influence the market growth. Looking forward, the market value is projected to reach US$ 53.7 Billion by 2028, expanding at a CAGR of 6.4% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Equipment Type: • Therapeutic Equipment • Respiratory Therapy Equipment • Dialysis Equipment • Intravenous Equipment • Others • Patient Monitoring Equipment • Conventional Monitors • Telemedicine Patient Monitoring Equipment • Mobility Assist and Patient Support Equipment • Mobility Assist Equipment • Medical Furniture • Bathroom Safety Equipment Breakup by Distribution Channel: • Retail Medical Stores • Online Retailers • Hospital Pharmacies

6. Report Description and Highlights Report Description Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia

7. Report Description and Highlights Report Description • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • Abbott Laboratories Arkray Inc. B. Braun Melsungen AG Baxter International Inc. Caire Inc. (NGK Spark Plug Co. Ltd.) Inogen Inc. Invacare Corporation Koninklijke Philips N.V. Medline Industries LP Medtronic plc OMRON Healthcare Inc. (Omron Corporation) Resmed Inc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/home-medical-equipment- market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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