Home Medical Equipment Market 2028 By Functionality, Distribution Channel | The Insight Partners

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Home Medical Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Functionality (Therapeutic Equipment, Patient Monitoring Equipment, Mobility Assist and Patient Support Equipment); Distribution Channel (Pharmacies, Retail Medical Stores, Online Retailers)

Report Code: TIPRE00016715 | No. of Pages: 150 | Category: Medical Device | Status: Upcoming

MARKET INTRODUCTION

Home medical equipment are medical devices that offer safe, convenient, cost-effective, and suitable environment to patients within their home. The home medical equipment market has transformed within recent years, owing to increase in prevalence of various chronic diseases across the globe.

MARKET DYNAMICS

The home medical equipment market is driving due to increasing geriatric population with decreased mobility profile, rising preference for home care, and rapid technological advancements. However, surge in concerns related to patient safety and difficulty in adapting to medical devices might hamper the market growth in the review period.

MARKET SCOPE

The "Home Medical Equipment Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of home medical equipment market with detailed market segmentation by functionality, distribution channel. The home medical equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in home medical equipment market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The home medical equipment market is segmented on the basis of functionality, distribution channel. On the basis of functionality, the market is segmented therapeutic equipment, patient monitoring equipment, mobility assist and patient support equipment. On the basis of distribution channel, the market is segmented into pharmacies, retail medical stores, and online retailers.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Home Medical Equipment market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Home Medical Equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Home Medical Equipment market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Home Medical Equipment market in these regions.



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MARKET PLAYERS


The report covers key developments in the home medical equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from home medical equipment market are anticipated to have lucrative growth opportunities in the future with the rising demand for home medical equipment market in the global market. Below mentioned is the list of few companies engaged in the home medical equipment market.

The report also includes the profiles of key players in home medical equipment market 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 of last 3 years, key development in past five years.

  •  Abbott Laboratories
  •  B Braun Melsungen Ag
  •  Baxter International Incorporated
  •  Becton, Dickinson and Company
  •  General Electric Company
  •  Hill-Rom Holdings Incorporated
  •  Johnson & Johnson
  •  Medtronic plc
  •  Smith and Nephew plc
  •  Invacare Corporation

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The List of Companies

1. Abbott Laboratories
2. B Braun Melsungen Ag
3. Baxter International Incorporated
4. Becton, Dickinson and Company
5. General Electric Company
6. Hill-Rom Holdings Incorporated
7. Johnson & Johnson
8. Medtronic plc
9. Smith and Nephew plc
10. Invacare Corporation

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