The global home use medical equipment market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in this market is attributed to the increasing number of people suffering from chronic diseases and the rising awareness about preventive healthcare. The demand for home use medical equipment is also increasing due to its convenience and affordability as compared with hospital-based care.
The global home use medical equipment market by type includes glucose meters, insulin pumps, blood pressure devices, home defibrillators, TENS devices. The application segment includes diagnostic testing devices and treatment equipment. North America accounted for the largest share in terms of revenue in 2018 owing to high adoption rates of these products among patients suffering from chronic diseases such as diabetes mellitus and hypertension in this region. Europe followed North America with a share of 27%. Asia Pacific was third with a share of 23%. Latin America accounted for 12% while Middle East & Africa had 10%.
Some Of The Growth Factors Of This Market:
- The aging population is increasing the demand for home medical equipment.
- The increase in chronic diseases such as diabetes and obesity is also driving the market growth.
- The rise in the number of people living alone has increased the need for home medical equipment to be used by one person at a time, which has led to an increase in demand for these products.
- There are more people with disabilities than ever before, which means that there are more people who require home medical equipment to live independently and maintain their quality of life at home or work place, leading to an increase in demand for these products.
- Increasing awareness about health conditions and treatments among consumers is also driving this market.
Industry Growth Insights published a new data on “Home Use Medical Equipment Market”. The research report is titled “Home Use Medical Equipment Market research by Types (Glucose Meters, Insulin Pumps, Blood Pressure Devices, Home Defibrillators, TENS Devices), By Applications (Diagnostic Testing Devices, Treatment Equipment), By Players/Companies Roche, Johnson & Johnson, Bayer, Abbott, OMRON Healthcare India Pvt Ltd, ARKRAY, Inc., Grace Medical, B. Braun Medical Inc., I-SENS, Infopia Co., Ltd., Hainice Medical Inc, Mendor, All Medicus Co., Ltd., 77 Elektronika Kft., Delta, OK Biotech, MEDISANA AG, FIFTY 50, Nova Biomedical, Oak Tree Health”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Use Medical Equipment Market Research Report
By Type
Glucose Meters, Insulin Pumps, Blood Pressure Devices, Home Defibrillators, TENS Devices
By Application
Diagnostic Testing Devices, Treatment Equipment
By Companies
Roche, Johnson & Johnson, Bayer, Abbott, OMRON Healthcare India Pvt Ltd, ARKRAY, Inc., Grace Medical, B. Braun Medical Inc., I-SENS, Infopia Co., Ltd., Hainice Medical Inc, Mendor, All Medicus Co., Ltd., 77 Elektronika Kft., Delta, OK Biotech, MEDISANA AG, FIFTY 50, Nova Biomedical, Oak Tree Health
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Home Use Medical Equipment Market Report Segments:
The global Home Use Medical Equipment market is segmented on the basis of:
Types
Glucose Meters, Insulin Pumps, Blood Pressure Devices, Home Defibrillators, TENS Devices
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
Diagnostic Testing Devices, Treatment Equipment
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:
- Roche
- Johnson & Johnson
- Bayer
- Abbott
- OMRON Healthcare India Pvt Ltd
- ARKRAY, Inc.
- Grace Medical
- B. Braun Medical Inc.
- I-SENS
- Infopia Co., Ltd.
- Hainice Medical Inc
- Mendor
- All Medicus Co., Ltd.
- 77 Elektronika Kft.
- Delta
- OK Biotech
- MEDISANA AG
- FIFTY 50
- Nova Biomedical
- Oak Tree Health
Highlights of The Home Use Medical Equipment 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:
- Glucose Meters
- Insulin Pumps
- Blood Pressure Devices
- Home Defibrillators
- TENS Devices
- By Application:
- Diagnostic Testing Devices
- Treatment Equipment
- 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 Use Medical Equipment 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.
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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 Use Medical Equipment is any medical equipment that is used in the home, such as a wheelchair.
Some of the major players in the home use medical equipment market are Roche, Johnson & Johnson, Bayer, Abbott, OMRON Healthcare India Pvt Ltd, ARKRAY, Inc., Grace Medical, B. Braun Medical Inc., I-SENS, Infopia Co., Ltd., Hainice Medical Inc, Mendor, All Medicus Co., Ltd., 77 Elektronika Kft., Delta, OK Biotech, MEDISANA AG, FIFTY 50, Nova Biomedical, Oak Tree Health.
The home use medical equipment market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Home Use Medical Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Home Use Medical Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Home Use Medical Equipment Market - Supply Chain
4.5. Global Home Use Medical Equipment Market Forecast
4.5.1. Home Use Medical Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Home Use Medical Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Home Use Medical Equipment Market Absolute $ Opportunity
5. Global Home Use Medical Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Home Use Medical Equipment Market Size and Volume Forecast by Type
5.3.1. Glucose Meters
5.3.2. Insulin Pumps
5.3.3. Blood Pressure Devices
5.3.4. Home Defibrillators
5.3.5. TENS Devices
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Home Use Medical Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Home Use Medical Equipment Market Size and Volume Forecast by Application
6.3.1. Diagnostic Testing Devices
6.3.2. Treatment Equipment
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Home Use Medical Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Home Use Medical Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Home Use Medical Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Home Use Medical Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Home Use Medical Equipment Demand Share Forecast, 2019-2026
9. North America Home Use Medical Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Home Use Medical Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Home Use Medical Equipment Market Size and Volume Forecast by Application
9.4.1. Diagnostic Testing Devices
9.4.2. Treatment Equipment
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Home Use Medical Equipment Market Size and Volume Forecast by Type
9.7.1. Glucose Meters
9.7.2. Insulin Pumps
9.7.3. Blood Pressure Devices
9.7.4. Home Defibrillators
9.7.5. TENS Devices
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Home Use Medical Equipment Demand Share Forecast, 2019-2026
10. Latin America Home Use Medical Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Home Use Medical Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Home Use Medical Equipment Market Size and Volume Forecast by Application
10.4.1. Diagnostic Testing Devices
10.4.2. Treatment Equipment
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Home Use Medical Equipment Market Size and Volume Forecast by Type
10.7.1. Glucose Meters
10.7.2. Insulin Pumps
10.7.3. Blood Pressure Devices
10.7.4. Home Defibrillators
10.7.5. TENS Devices
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Home Use Medical Equipment Demand Share Forecast, 2019-2026
11. Europe Home Use Medical Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Home Use Medical Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Home Use Medical Equipment Market Size and Volume Forecast by Application
11.4.1. Diagnostic Testing Devices
11.4.2. Treatment Equipment
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Home Use Medical Equipment Market Size and Volume Forecast by Type
11.7.1. Glucose Meters
11.7.2. Insulin Pumps
11.7.3. Blood Pressure Devices
11.7.4. Home Defibrillators
11.7.5 TENS Devices
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Home Use Medical Equipment Demand Share, 2019-2026
12. Asia Pacific Home Use Medical Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Home Use Medical Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Home Use Medical Equipment Market Size and Volume Forecast by Application
12.4.1. Diagnostic Testing Devices
12.4.2. Treatment Equipment
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Home Use Medical Equipment Market Size and Volume Forecast by Type
12.7.1. Glucose Meters
12.7.2. Insulin Pumps
12.7.3. Blood Pressure Devices
12.7.4. Home Defibrillators
12.7.5. TENS Devices
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Home Use Medical Equipment Demand Share, 2019-2026
13. Middle East & Africa Home Use Medical Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Home Use Medical Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Home Use Medical Equipment Market Size and Volume Forecast by Application
13.4.1. Diagnostic Testing Devices
13.4.2. Treatment Equipment
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Home Use Medical Equipment Market Size and Volume Forecast by Type
13.7.1. Glucose Meters
13.7.2. Insulin Pumps
13.7.3. Blood Pressure Devices
13.7.4. Home Defibrillators
13.7.5. TENS Devices
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Home Use Medical Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Home Use Medical Equipment Market: Market Share Analysis
14.2. Home Use Medical Equipment Distributors and Customers
14.3. Home Use Medical Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Roche
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Johnson & Johnson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bayer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Abbott
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OMRON Healthcare India Pvt Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ARKRAY, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grace Medical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. B. Braun Medical Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. I-SENS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Infopia Co., Ltd.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hainice Medical Inc
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mendor
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. All Medicus Co., Ltd.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. 77 Elektronika Kft.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Delta
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. OK Biotech
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. MEDISANA AG
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. FIFTY 50
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Nova Biomedical
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Oak Tree Health
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
