Home Medical Equipment Market is Witnessing Rapid Growth by 2023

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Homecare Medical Equipment Market
Opportunity Analysis and Industry Forecast,
2016-2023
Global Opportunity Analysis and Industry
Forecast, 2017-2023
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Introduction of Homecare Medical Equipment Market
The global home medical equipment market
accounted for 21,912 million in 2016, and is
estimated to reach 32,451 million by 2023,
registering a CAGR of 5.7 from 2017 to 2023.
Therapeutic equipment was the highest contributor
in the home medical equipment market with
three-fifths share in 2016. Home care medical
equipment are intended for use in any environment
outside a professional healthcare setup such as
hospitals and clinics. These equipment can be
used for both prevention and treatment of various
chronic disease such as respiratory disorders,
diabetes, and arthritis. The rise in prevalence
of respiratory disorders, growth in geriatric
population worldwide, and advancements in the
field of home medical devices drive the market
growth. In addition, increase in government
support encourages the RD activities for home
medical devices, which in turn fuel the growth of
the home medical equipment market. However, high
risk associated with the usage of medical
equipment and growth in reimbursement cuts are
expected to restrain the market growth.
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Introduction of Homecare Medical Equipment Market
Scope of
the Report
Key Benefits Key Audiences
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Key Benefits

• The mobility assist patient support equipment
  segment is projected to grow at the highest rate
  during the analysis period.
• Japan generated the highest revenue, and is
  expected to continue its dominance in the future
  in the Asia-Pacific region.
• North America dominated the global home medical
  equipment market, and is projected to continue
  its dominance in future.
• Among the mobility assist patient support
  equipment segment, wheelchairs are expected to
  grow at the highest CAGR.
• Asia-Pacific is expected to be the fastest
  growing segment.
• Click to Access Full Summary of Homecare Medical
  Equipment Market

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Table of Content (TOC)
Chapter 1 Introduction Chapter 2 Executive
Summary Chapter 3 Market Overview Chapter 4
Home Medical Equipment Market, By
Functionality Chapter 5 Home Medical Equipment
Market, By Region Chapter 8 Company Profiles
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Segments Homecare Medical Equipment Market
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Segments Homecare Medical Equipment Market
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Segments Homecare Medical Equipment Market
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Segments Homecare Medical Equipment Market
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Company Profiles Homecare Medical Equipment Market

• ABBOTT LABORATORIES
• B. BRAUN MELSUNGEN AG
• BAXTER INTERNATIONAL INC.
• BECTON, DICKINSON AND COMPANY
• GE HEALTHCARE (A HEALTHCARE DIVISION OF GE
  COMPANY)
• HILL ROM HOLDING INC.

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