March 5, 2024

Home Medical Equipment Market Size to Grow US$ 62.1 Billion By 2030

The global home medical equipment market size was valued at US$ 35.7 billion in 2021 and is anticipated to grow US$ 62.1 billion by 2030, registering a compound annual growth rate (CAGR) of 6.34% from 2022 to 2030.

Home Medical Equipment Market Size 2022 To 2030

The home medical equipment market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the home medical equipment market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the home medical equipment report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the home medical equipment market have been studied and analysed across many developments.

Report Scope of the Home Medical Equipment Market

Report Coverage Details
Market Size in 2022 USD 37.96 Billion
Market Size by 2030 USD 62.1 Billion
Growth Rate from 2022 to 2030 CAGR of 6.34%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Equipment Type, Distribution Channel, End Users, and Geography

Research Approach

The comprehensive report on the global home medical equipment market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global home medical equipment market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players

  • Abbott
  • B. Braun SE
  • Baxter
  • BD
  • General Electric
  • Hill-Rom Services, Inc.
  • Medtronic
  • Smith & Nephew
  • Invacare Corporation
  • Johnson & Johnson

Market Segmentations

By Equipment Type

  • Therapeutic Equipment
    • Respiratory Therapy Equipment
    • Dialysis Equipment
    • Intravenous Equipment
    • Other Therapeutic Equipment
  • Patient Monitoring Equipment
    • Conventional Monitors
    • Telemedicine Patient Monitoring Equipment
  • Mobility Assist & Support Equipment
    • Mobility Assist Equipment
    • Medical Furniture
    • Bathroom Safety Equipment

By Distribution Channel

  • Retail Medical Stores
  • Hospital Pharmacies
  • Online Retailers

By End Users

  • Hospitals
  • Home Care Settings
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Home Medical Equipment Market 

5.1. COVID-19 Landscape: Home Medical Equipment Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Home Medical Equipment Market, By Equipment Type

8.1. Home Medical Equipment Market, by Equipment Type, 2022-2030

8.1.1 Therapeutic Equipment

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Patient Monitoring Equipment

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Mobility Assist & Support Equipment

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Home Medical Equipment Market, By Distribution Channel

9.1. Home Medical Equipment Market, by Distribution Channel, 2022-2030

9.1.1. Retail Medical Stores

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Hospital Pharmacies

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Online Retailers

9.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Home Medical Equipment Market, By End Users 

10.1. Home Medical Equipment Market, by End Users, 2022-2030

10.1.1. Hospitals

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Home Care Settings

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Others

10.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Home Medical Equipment Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.1.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.3. Market Revenue and Forecast, by End Users (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.1.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.1.5.3. Market Revenue and Forecast, by End Users (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.2.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.3. Market Revenue and Forecast, by End Users (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.2.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.5.3. Market Revenue and Forecast, by End Users (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.6.3. Market Revenue and Forecast, by End Users (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.2.7.3. Market Revenue and Forecast, by End Users (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.3.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.3. Market Revenue and Forecast, by End Users (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.3.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.5.3. Market Revenue and Forecast, by End Users (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.6.3. Market Revenue and Forecast, by End Users (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.3.7.3. Market Revenue and Forecast, by End Users (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.4.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.5.3. Market Revenue and Forecast, by End Users (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.6.3. Market Revenue and Forecast, by End Users (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.4.7.3. Market Revenue and Forecast, by End Users (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.3. Market Revenue and Forecast, by End Users (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.5.4.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.4.3. Market Revenue and Forecast, by End Users (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Equipment Type (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Distribution Channel (2017-2030)

11.5.5.3. Market Revenue and Forecast, by End Users (2017-2030)

Chapter 12. Company Profiles

12.1. Abbott

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. B. Braun SE

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Baxter

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. BD

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. General Electric

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Hill-Rom Services, Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Medtronic

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Smith & Nephew

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Invacare Corporation

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Johnson & Johnson

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global home medical equipment market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for home medical equipment are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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