Market Overview:
The global home care products market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and growing demand for home health care services. Based on type, the global home care products market is segmented into portable type and stationary type. The portable type segment is expected to grow at a higher CAGR than the stationary type segment during the forecast period from 2018 to 2030. This can be attributed to the increasing demand for lightweight and compact devices that are easy-to-use and can be carried around easily. Based on application, the global home care products market is divided into wheelchairs, walkers, ambulatory aids, oxygen products, infusion products,. The ambulatory aids segment is projected to register highest CAGR during 2018–2030 owing high adoption rates in developed countries such as U.S., Canada.
Product Definition:
Home care products are the products that we use to clean and take care of our homes. They can include things like window cleaner, all-purpose cleaner, laundry detergent, fabric softener, and dish soap. Home care products are important because they help us keep our homes clean and free of dirt and bacteria.
Portable Type:
Portable types include products such as wheelchairs, walkers, canes & crutches, hospital beds and patient lifts. The global portable type market was valued at USD 9.2 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period owing to growing geriatric population base coupled with rising incidence rate of disability across the globe.
Stationary Type:
Stationary type is used in the home care products market to indicate a product that does not move from its position. It can be either manual or automatic. The most common stationary types are beds, wheelchairs, commodes, and toilet seats.
Other than this there are also other stationary types such as medical beds and hospital beds which have different kinds of mechanisms for raising.
Application Insights:
The stationary type of products held the largest share in the global market owing to its ability to provide continuous care. The growing geriatric population across the world is expected to be a major factor driving this segment over the forecast period. With an increasing number of people getting admitted for chronic diseases, there has been a rise in demand for home healthcare devices and supplies that can be used by one's own self at home without having any professional help or assistance.
The portable type of products are expected register highest CAGR during the forecast period as they can be used anywhere and at anytime by oneself with no assistance or need for professional help from medical professionals or caregivers. These types of aids are highly beneficial especially if one suffers from mobility problems and cannot move around due to illness or injury, thereby making it difficult for them to access hospitals due to distance etc.
Regional Analysis:
North America dominated the global home care products market in 2017. The presence of favorable government initiatives, high awareness levels about personal assistance devices and an increase in the number of patients with chronic diseases are some factors attributing to its largest share. Moreover, increasing R&D investments by various companies for developing advanced HCTs is expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to a large geriatric population base and improving healthcare infrastructure in countries such as China and India. In addition, rising medical tourism due to affordable treatment options will also boost demand for these devices over the next eight years.
Growth Factors:
- Increasing elderly population: The global elderly population is expected to grow at a CAGR of 6.5% from 2016 to 2020, reaching 1.4 billion by 2020. This will create a large pool of potential home care product users, thereby driving the market growth.
- Rising disposable income: Home care products are generally considered as a necessity and not as a luxury item in most countries around the world, except for few high-income countries such as the US and Japan. This will lead to an increase in demand for home care products, fueling market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Care Products Market Research Report
By Type
Portable Type, Stationary Type
By Application
Wheelchairs, Walkers, Ambulatory Aids, Oxygen Products, Infusion Products
By Companies
ARJOHUNTLEIGH, BAXTER INTERNATIONAL, CAREFUSION, Medtronic, DEVILBISS HEALTHCARE, DRIVE MEDICAL, GRAHAM-FIELD HEALTH PRODUCTS, HARD MANUFACTURING, HOLLISTER INCORPORATED, INOGEN, ARJOHUNTLEIGH, JOERNS HEALTHCARE, KIMBERLY-CLARK, MEDLINE INDUSTRIES, PHILIPS/RESPIRONICS, SUNRISE MEDICAL
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Home Care Products Market Report Segments:
The global Home Care Products market is segmented on the basis of:
Types
Portable Type, Stationary Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wheelchairs, Walkers, Ambulatory Aids, Oxygen Products, Infusion Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ARJOHUNTLEIGH
- BAXTER INTERNATIONAL
- CAREFUSION
- Medtronic
- DEVILBISS HEALTHCARE
- DRIVE MEDICAL
- GRAHAM-FIELD HEALTH PRODUCTS
- HARD MANUFACTURING
- HOLLISTER INCORPORATED
- INOGEN
- ARJOHUNTLEIGH
- JOERNS HEALTHCARE
- KIMBERLY-CLARK
- MEDLINE INDUSTRIES
- PHILIPS/RESPIRONICS
- SUNRISE MEDICAL
Highlights of The Home Care Products Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Type
- Stationary Type
- By Application:
- Wheelchairs
- Walkers
- Ambulatory Aids
- Oxygen Products
- Infusion Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Home Care Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Home care products are items that can be used in the home to help improve the quality of life for those who need assistance. These products may include things like assistive devices, medications, and equipment.
Some of the major players in the home care products market are ARJOHUNTLEIGH, BAXTER INTERNATIONAL, CAREFUSION, Medtronic, DEVILBISS HEALTHCARE, DRIVE MEDICAL, GRAHAM-FIELD HEALTH PRODUCTS, HARD MANUFACTURING, HOLLISTER INCORPORATED, INOGEN, ARJOHUNTLEIGH, JOERNS HEALTHCARE, KIMBERLY-CLARK, MEDLINE INDUSTRIES, PHILIPS/RESPIRONICS, SUNRISE MEDICAL.
The home care products market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Home Care Products Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Home Care Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Home Care Products Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Home Care Products Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Home Care Products Market Size & Forecast, 2018-2028
4.5.1 Home Care Products Market Size and Y-o-Y Growth
4.5.2 Home Care Products Market Absolute $ Opportunity
Chapter 5 Global Home Care Products Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Home Care Products Market Size Forecast by Type
5.2.1 Portable Type
5.2.2 Stationary Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Home Care Products Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Home Care Products Market Size Forecast by Applications
6.2.1 Wheelchairs
6.2.2 Walkers
6.2.3 Ambulatory Aids
6.2.4 Oxygen Products
6.2.5 Infusion Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home Care Products Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Home Care Products Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Home Care Products Analysis and Forecast
9.1 Introduction
9.2 North America Home Care Products Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Home Care Products Market Size Forecast by Type
9.6.1 Portable Type
9.6.2 Stationary Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Home Care Products Market Size Forecast by Applications
9.10.1 Wheelchairs
9.10.2 Walkers
9.10.3 Ambulatory Aids
9.10.4 Oxygen Products
9.10.5 Infusion Products
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Home Care Products Analysis and Forecast
10.1 Introduction
10.2 Europe Home Care Products Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Home Care Products Market Size Forecast by Type
10.6.1 Portable Type
10.6.2 Stationary Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Home Care Products Market Size Forecast by Applications
10.10.1 Wheelchairs
10.10.2 Walkers
10.10.3 Ambulatory Aids
10.10.4 Oxygen Products
10.10.5 Infusion Products
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Home Care Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Home Care Products Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Home Care Products Market Size Forecast by Type
11.6.1 Portable Type
11.6.2 Stationary Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Home Care Products Market Size Forecast by Applications
11.10.1 Wheelchairs
11.10.2 Walkers
11.10.3 Ambulatory Aids
11.10.4 Oxygen Products
11.10.5 Infusion Products
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Home Care Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Home Care Products Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Home Care Products Market Size Forecast by Type
12.6.1 Portable Type
12.6.2 Stationary Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Home Care Products Market Size Forecast by Applications
12.10.1 Wheelchairs
12.10.2 Walkers
12.10.3 Ambulatory Aids
12.10.4 Oxygen Products
12.10.5 Infusion Products
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Home Care Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Home Care Products Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Home Care Products Market Size Forecast by Type
13.6.1 Portable Type
13.6.2 Stationary Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Home Care Products Market Size Forecast by Applications
13.10.1 Wheelchairs
13.10.2 Walkers
13.10.3 Ambulatory Aids
13.10.4 Oxygen Products
13.10.5 Infusion Products
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Home Care Products Market: Competitive Dashboard
14.2 Global Home Care Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ARJOHUNTLEIGH
14.3.2 BAXTER INTERNATIONAL
14.3.3 CAREFUSION
14.3.4 Medtronic
14.3.5 DEVILBISS HEALTHCARE
14.3.6 DRIVE MEDICAL
14.3.7 GRAHAM-FIELD HEALTH PRODUCTS
14.3.8 HARD MANUFACTURING
14.3.9 HOLLISTER INCORPORATED
14.3.10 INOGEN
14.3.11 ARJOHUNTLEIGH
14.3.12 JOERNS HEALTHCARE
14.3.13 KIMBERLY-CLARK
14.3.14 MEDLINE INDUSTRIES
14.3.15 PHILIPS/RESPIRONICS
14.3.16 SUNRISE MEDICAL
