openPR Logo
Press release

Home Medical Equipment Market is Expected to Grow US $ 32,451 Million by 2023 | Prominent Leaders Becton, Medtronic, Johnson & Johnson, Smith & Nephew

03-20-2019 08:58 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Home Medical Equipment Market is Expected to Grow US $ 32,451

Home care medical equipment are intended for use in any environment outside a professional healthcare setup such as hospitals and clinics. These equipment can be used for both prevention and treatment of various chronic disease such as respiratory disorders, diabetes, and arthritis.

Global home medical equipment market accounted for $21,912 million in 2016, and is estimated to reach $32,451 million by 2023, registering a CAGR of 5.7% from 2017 to 2023.

Download Request Sample @ https://www.alliedmarketresearch.com/request-sample/4424

Major Key Players:

• Becton
• Dickinson and Company
• General Electric Company
• Hill-Rom Holdings Incorporated
• Johnson & Johnson
• Medtronic plc
• Smith & Nephew plc.

The rise in prevalence of respiratory disorders, growth in geriatric population worldwide, and advancements in the field of home medical devices drive the market growth. In addition, increase in government support encourages the R&D activities for home medical devices, which in turn fuel the growth of the home medical equipment market. However, high risk associated with the usage of medical equipment and growth in reimbursement cuts are expected to restrain the market growth.

Among the functionality segment, mobility assist & patient support equipment segment is expected to be the fastest growing segment to contribute toward the market growth in 2016 and is expected to be a lucrative market due to high prevalence rate of chronic diseases and technological advancements in the area of home medical equipment.

Key Findings of the Home Medical Equipment Report Market:
• The mobility assist & patient support equipment segment is projected to grow at the highest rate during the analysis period.
• Japan generated the highest revenue, and is expected to continue its dominance in the future in the Asia-Pacific region.
• North America dominated the global home medical equipment market, and is projected to continue its dominance in future.
• Among the mobility assist & patient support equipment segment, wheelchairs are expected to grow at the highest CAGR.
• Asia-Pacific is expected to be the fastest growing segment.

Send Enquiry Us @ https://www.alliedmarketresearch.com/purchase-enquiry/4424

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Home Medical Equipment Market is Expected to Grow US $ 32,451 Million by 2023 | Prominent Leaders Becton, Medtronic, Johnson & Johnson, Smith & Nephew here

News-ID: 1663958 • Views: 279

More Releases from Allied Market Research

Proximity and Displacement Sensors Market - 2020: COVID-19 Scenario, Growth Oppo …
The report titled, “Proximity and Displacement Sensors Market By Type (Inductive, Photoelectric, Capacitive, Ultrasonic, Magnetic & LVDT sensors) and Application (Parking Sensor Systems, Ground Proximity Warning System, Anti-aircraft warfare, Assembly line automation, Vibration monitoring system, Roller coasters, Conveyor systems) - Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that proximity and displacement sensors market is expected to grow sustainably by 2027. The report offers an
Asia-Pacific ATM Market - 2020: COVID-19 Impact, Growth Opportunities and Busine …
The report titled, “Asia-Pacific ATM Market By Solutions (ON site ATMs, Off site ATMs, Work site ATMs, Mobile ATMs, Managed services) and by Type (Conventional ATM, Brown label ATM, White label ATM, Smart ATM, Cash dispenser) - Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that Asia-Pacific ATM market is expected to grow sustainably by 2027. The report offers an extensive market analysis focusing on key
Travel Insurance Market - 2020: COVID-19 Scenario, Market Share, Growth Opportun …
The report titled, “Travel Insurance Market By Insurance Cover (SingleTrip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance), Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators), and End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that travel insurance market is expected to grow sustainably by 2027. The
Crystal Oscillator Market – 2020: COVID-19 Impact, Market Share, Growth Opport …
The report titled, “Crystal Oscillator Market By Technology (AT Cut, BT Cut, and SC Cut), Type (Voltage-Controlled Crystal Oscillator, Temperature-Compensated Crystal Oscillator, Oven-Controlled Crystal Oscillator, and Others), Mounting Scheme (Surface Mount and Thru-Hole), and Industry Vertical (Electronics, IT & Telecommunication, Military & Defense, Automotive & Transport, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that crystal oscillator market is expected to grow

All 5 Releases


More Releases for Medical

Affordable Medical Cover Plans
Taking great care of health is important, but it does not assure a healthy life. Even after taking all the precautions, people can still get unwell due to various reasons. Unfortunately, medical treatment is not always affordable for everyone. Losing loved ones due to lack of money is the worst nightmare for any person. Luckily, now you can cover your whole family for medical treatment by purchasing affordable medical covers
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Global Medical Aesthetics Market
The Global Medical Aesthetics Market is expected to reach USD 26.53 billion by 2024 from USD 10.12 billion in 2016, at a CAGR of 12.8% in the forecast period 2017 to 2024. “Global Medical Aesthetics Market”, By Product Type (Aesthetic Laser Devices, Energy Devices, Skin Tightening & Body Contouring Devices, Aesthetic Implants, Facial Aesthetic Devices), Applications (Anti-Aging & Wrinkles, Facial & Skin Rejuvenation, Vascular Lesions, Body Shaping & Cellulite, Breast
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and
Medibmls-Medical Encyclopedia
The Medibmls Medical Encyclopedia contains public health information for patients and others about medical laboratory tests and general healthcare. This medical encyclopedia is developed to provide patients and others with background information about laboratory tests and health as part of the healthcare sector. Please visit us at: Medical Encyclopedia-Medibmls - https://medibmls.org/ Diseases - https://medibmls.org/diseases/ Laboratory Tests - https://medibmls.org/laboratory-tests/ Medibmls is a medical encyclopedia containing health information for patients and others about clinical laboratory tests and
Medical Electrodes Market
Medical electrodes are devices used to transfer energy of ionic currents into electrical current in the body. The currents passed into the body is amplified and has proved to be useful in diagnosing various diseases. Medical electrodes are noninvasive and comprises a metal, electrode conducting plate and lead. Medical electrodes progress with quantification of internal ionic currents results in diagnosis of nervous, cardiac, ocular and muscular disorders. The electrode works