Product Code: HLC054E
Highlights:
The global market for home medical equipment (HME) is estimated to increase from $43.3 billion in 2022 to $64.8 billion by 2027, at a compound annual growth rate (CAGR) of 8.4% from 2022 through 2027.
The global market for telemetry devices is estimated to increase from $14.1 billion in 2022 to $22.1 billion by 2027, at a CAGR of 9.4% from 2022 through 2027.
The global market for monitors and sensors is estimated to increase from $13.0 billion in 2022 to $19.5 billion by 2027, at a CAGR of 8.4% from 2022 through 2027.
Report Scope:
This report is an analytical business tool whose primary purpose is to describe and analyze the dynamics of the global market for home medical equipment. HME is defined as durable equipment-that is, equipment with an expected service life of at least three years that meets the following criteria:
Can withstand repeated use.
- Is primarily and customarily used to serve a medical purpose.
- Is generally not useful to a person in the absence of an illness or injury.
- Is not implanted inside the patient's body.
- Is appropriate for use in the home.
- Does not require a trained medical professional to operate.
- Usually requires a doctor's prescription to buy (excluding most canes, walkers and other elderly and disabled assistive devices).
- Does not generally include drugs and other consumables.
While the report's coverage is global, it focuses on selected international HME markets including -
- North America.
- Europe.
- Asia-Pacific.
- Rest of the World.
Report Includes:
- 20 data tables and 32 additional tables
- An up-to-date overview and analysis of the global markets for home medical equipment (HME) within the industry
- Analyses of the global market trends, with historic market revenue (sales data) for 2020 and 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the current and future market potential of home medical equipment along with a detailed analysis of competitive environment and trends in market growth
- Evaluation and forecast the actual market size for home medical equipment, and corresponding market share analysis based on product type, disease/condition treated, and geographic region
- Assessment of the major driving factors, opportunities and challenges in this innovation driven market, along with technological developments and regulatory implications within the marketplace
- Updated information on ongoing research activities, key technology issues, industry specific challenges, major types of end-user markets, and COVID-19 effects on this market
- Review of recent patents published and granted on home medical equipment during 2018-2021
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
- Descriptive company profiles of the leading global players, including Abbott, B. Braun Melsungen AG, Baxter International, Becton, Dickinson and Co. (BD), F. Hoffmann-La Roche Ltd., Koninklijke Philips N.V., and Medtronic plc
Table of Contents
Chapter 1 Introduction
- Study Goals and Objectives
- Reasons for Doing This Study
- What's New in This Update?
- Scope of Report
- Methodology and Information Sources
- Market Breakdown
- Analyst's Credentials
- BCC Custom Research
- Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Dynamics and Technology Background
- Introduction
- Product Segmentation
- Assistive Devices
- Infusion Products
- Respiratory Therapy Products
- Dialysis Equipment
- Home Defibrillators
- Monitors and Sensors
- Telemetry Devices
- Miscellaneous Types of HME
- Health Conditions that Affect the Market for HME
- Mobility Impairments
- Obesity
- Hypertension
- Cardiovascular Disease
- Diabetes
- High Cholesterol
- Sleep Disorders
- Fetal Disorders
- Asthma
- Chronic Obstructive Pulmonary Disease
- Kidney Failure
- Lymphedema
- Demographics and Economics
- Total Population
- Older People Living in Their Own Homes or with Children
- Household Income
- Other Factors Driving the HME Market
- Physician Attitudes Toward Home Care
- Hospital and Nursing Home Costs
- Regulatory and Legislative Issues
- United States
- European Union
- Japan
- Health Insurance
- United States
- Impact of COVID-19 Pandemic
- Introduction
- Global Confirmed COVID-19 Cases and Deaths
- Collaboration Between Organizations and Governments
- Spread of Disease
- Impact on Medical Device Market
Chapter 4 Global Home Medical Equipment Market
- Overview
- Global Market, by Product Type
- Global Market, by Disease/Condition Treated
- Global Market, by Region
Chapter 5 The North American HME Market
Chapter 6 European HME Market
Chapter 7 Asia-Pacific HME Market
Chapter 8 Rest of the World HME Market
Chapter 9 Patent Analysis
Chapter 10 Company Profile
- 3M
- ABBOTT
- B. BRAUN MELSUNGEN AG
- BAXTER INTERNATIONAL
- BECKTON, DICKINSON AND CO.
- CARDINAL HEALTH
- F. HOFFMANN-LA ROCHE LTD.
- FRESENIUS SE & CO. KGAA
- GENERAL ELECTRIC CO.
- KONINKLIJKE PHILIPS N.V.
- MEDTRONIC PLC
- OMRON CORP.
- RESMED
- SUNRISE MEDICAL (U.S.) LLC