Global Home Healthcare Equipment Market Projected to Grow at a Robust CAGR of 7.0% over the Forecast Period 2016-2024

Posted on 2018-09-01 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Sep-01 — /EPR Network/ —Globally the demographic & attitudinal shift in the healthcare system is witnessed on the back of increasing healthcare cost in institutional care, inclination towards home health care of the physicians and also the private & public insurance organizations and rise in ageing population requiring home care are estimated to be major driving factor for the growth of global home healthcare equipment market.

According to Goldstein Research, global home healthcare equipment market size is expected to reach USD 50.0 billion by 2024, growing at a compounded annual growth rate of 7.0% during the forecast period 2016-2024. Global home healthcare equipment market has nearly 12-15% share in the total global home healthcare market.

Global home healthcare equipment market segmentation has been carried out on the basis of devices, distribution channel, and geography. Based on product, diagnostic & monitoring devices segment accounted for the highest market share. Whereas, therapeutic devices segment is estimated grow at fastest CAGR of 10%-12% over the forecast period. Further, Global home healthcare equipment industry is estimated to be dominated by North America with a market share of 35.0% in 2016 followed by Europe and Asia Pacific home healthcare equipment market share.

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Market Segmentation

On the basis of our in-depth analysis, Global Home Healthcare Equipment Market can be segmented as follows:

Based on Device

Diagnostics and Monitoring Home Healthcare Devices

Blood Pressure Monitors
Blood Glucose Monitors
Pulse Oximeters
Peak Flow Meters
Heart Rate Monitors
Fetal Monitoring Devices
HIV Test Kits
Sleep Apnea Monitors
Coagulation Monitors
Ovulation and Pregnancy Test Kits
Holter and Event Monitors
Cholesterol Monitoring Devices
Colon Cancer Test Kits
Home Hemoglobin A1c Test Kits
Drug and Alcohol Test Kits
ECG/EKG Devices
EEG Devices
Temperature Monitors
Hearing Aids
Pedometers

Therapeutics Home Healthcare Devices

Oxygen Delivery Systems
Nebulizers
Ventilators
Sleep Apnea Therapeutic Devices
Wound Care Products
IV Equipment
Dialysis Equipment
Insulin Delivery Devices
Inhalers
Other Therapeutic Products (Ostomy Devices, Automated External Defibrillators, and External Stimulation Devices)

Home Mobility Assist Devices
1. Canes
2. Crutches
3. Mobility Scooters
4. Walkers and Rollators
5. Wheelchairs
Medical Supplies

Based on Distribution Channel

Offline Channel
Online Sales

Based on End User

Hospitals/Clinics/Diagnostic Lab
Research and Development Centre
Home Care Settings

By Region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Home Healthcare Equipment Market Outlook 2024” contains a detailed overview of the global home healthcare equipment market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by devices, distribution channel, and end user.

Further, for the in-depth analysis, Global Home Healthcare EquipmentMarket Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as Merck & Co., 3M Health Care, Siemens, Bayer AG, Abbott Laboratories, Cardinal Health, Inc., GE Healthcare, Invacare Corporation, F. Hoffmann-La Roche Ltd., Phillips Healthcare, Medtronic, Inc., Omron Healthcare, Inc.,etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global home healthcare equipment market trends along with the market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this Global Home Healthcare Equipment Report

What is the Global Home Healthcare EquipmentMarket Size by 2024 and what would be the expected growth rate of the market?
What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
What are the home healthcare equipment market trends?
What are the factors which are driving this market?
What are the major barriers to home healthcare equipment market growth?
Who are the key vendors in this market space?
What are the market opportunities for the existing and entry-level players?
What are the recent developments and business strategy of the key players?

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on healthcare market reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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