The global home medical equipment market size accounted for US$ 35.7 billion in 2021 and is projected to reach around USD 62.1 billion by 2030, growing at a CAGR of 6.34% from 2022 to 2030.
Home Medical Equipment Market Key Takeaways:
- By equipment, the therapeutic equipment segment has captured 43% revenue share in 2021.
- By distribution channel, the retail pharmacy segment has hit 45% market share in 2021.
- North America dominated the market with a 41% revenue share in 2021.
- Asia-Pacific is expected to grow at a CAGR of 7.8% from 2022 to 2030.
Report Summary
The global home medical equipment market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the home medical equipment market across the globe.
A comprehensive estimate on the home medical equipment market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of home medical equipment during the forecast period. Price point comparison by region with global average price is also considered in the study.
Medical Equipment Market Scope Scope
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 |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized home medical equipment market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Orphan Drugs Market Size and Demands Outlook
Home Medical Equipment Market Players
The report includes the profiles of key home medical equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies include
- Abbott
- B. Braun SE
- Baxter
- BD
- General Electric
- Hill-Rom Services, Inc.
- Medtronic
- Smith & Nephew
- Invacare Corporation
- Johnson & Johnson
Market Segmentation
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
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
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
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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