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Home Healthcare Device/Equipment Market - Rising Aging Population Worldwide And Increasing Chronic Diseases Have Forced End-Users To Opt For Home-Based Diagnostic Devices

06-17-2019 12:49 PM CET | Health & Medicine

Press release from: Kenneth Research

HOME HEALTHCARE DEVICE INDUSTRY

HOME HEALTHCARE DEVICE INDUSTRY

Home healthcare device market is one of the growing markets across the globe. Rising aging population worldwide and increasing chronic diseases have forced end-users to opt for home-based diagnostic devices. The innovation and continuous fall in average price of home healthcare devices have bolster the demand in recent years. Further, government support and penetration of healthcare insurance have allowed people to enjoy the home-based services.

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Due to several governmental initiatives, PPP (public private partnership) model, collaboration between big hospitals and small care clinics etc. a boost in the demand for home healthcare devices is expected to be seen in near future. Global home healthcare device market is expected to grow at a CAGR of >7% during the forecast period of 2016-2021 and expected to cross USD 330 Billion by 2021. North America at present has the largest share in home healthcare device market and expected to continue its dominance in near future due to rising number of chronic disease and introduction of Affordable Care Act 2010.

Following the same trend, Asia-pacific region is forecasted to be the second largest contributor to global home healthcare device market due to the advancement of healthcare technology in developing nations like India & China. India which has availability of skilled man power coupled with developed IT sectors & increased penetration of medical insurance etc. would further would bid to boost the home healthcare market in the region in near future. Moving on in the same direction, Indian medical technology sector has funded USD 5.5 Billion recently out of which 7-8% has been spent on the healthcare industries for the new researches & advanced healthcare facilities. Growth in aging population worldwide and up-surged communicable diseases, steep rise in chronic diseases due to population density are projected to fuel the demand of home healthcare device across the globe. Further, advancement in healthcare technologies to create better service, increased in government spending on healthcare services, initiatives taken by international health organizations like WHO are expected to help the global home healthcare market to reach new heights in near future.

However, factors like expensive devices, missing proper medical care and infrastructure in developing and under developed countries, limited government budget for healthcare services are expected to dampen the demand for home healthcare market in coming years. Further, a communication gap and misalignment between beneficiaries and buyers is one of the key factors impacting negatively the use of home healthcare devices at present.

Table of Contents:
1. Executive Summary
1.1 Executive Summary
1.2 Executive Summary
2. Research Methodology
2.1 Research Methodology
3. Risk Analysis
3.1 Demand Risk
3.2 Supply Risk
4. Top countries with highest demand of home healthcare devices
4.1 Top countries with highest demand of home healthcare devices
5. Global Home Healthcare Devices Market Size and Forecast, 2015-2021
5.1 Global Home Healthcare Devices Market Share. By Type-2015-2021
6. Market Dynamics & Its Impact Analysis
6.1 Growth Drivers
6.1.1 Growth Driver
6.1.2 Growth Driver
6.1.3 Growth Driver
6.2 Challenges
6.2.1 Market Restraints
6.2.2 Market Restraints
6.3 Opportunities
6.3.1 Opportunities
6.4 Trends
6.4.1 Market Trends
7. Global Home Healthcare Device Market Share (%) By Type, 2015-2021
7.1 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Device Type - 2015-2021
7.1.1 Global Home Healthcare Device Market Share (%) By Devices, 2015-2021
7.1 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Device Type - 2015-2021
7.1.1 Global Home Healthcare Device Market Share (%) By Devices, 2015-2021
7.1.2 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Diagnostic & Monitoring Devices Type - 2015-2021
7.1.2.1 Global Home Healthcare Device Market Share (%) By Diagnostic & Monitoring Devices, 2015-2021
7.1.2.2 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Blood Sugar/ Glucose Monitor type- 2015-2021
7.1.2.3 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Blood Pressure Monitor type- 2015-2021
7.1.2.4 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Heart Rate Monitor type- 2015-2021
7.1.2.5 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Body Temperature Monitor type- 2015-2021
7.1.2.6 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Sleep Apnea Monitor Type- 2015-2021
7.1.2.7 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Blood Coagulation Monitor Type- 2015-2021
7.1.2.8 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Pregnancy Test Kits Type- 2015-2021
7.1.2.9 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Pulse oximeter type- 2015-2021
7.1.2.10 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Pedometer type- 2015-2021
7.1.2.11 Global Home Healthcare Devices Y-O-Y growth Comparison (%), By Diagnostic & Monitoring Devices - 2015-2021
7.1.2.12 Global Home Healthcare Devices Market Attractiveness-By Diagnostic & Monitoring Devices , 2015-2021
7.2.4 Electric Strike Locks-By Global (Market Size, $ Million & Y-o-Y Growth Analysis, 2015-2022)
7.1.2.13 Global Home Healthcare Devices Market BPS Analysis-By Diagnostic & Monitoring Devices , 2015-2021
7.1.3 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Mobility Assist Devices Type - 2015-2021
7.1.3.1 Global Home Healthcare Device Market Share (%) By Mobility Assist Devices, 2015-2021
7.1.3.2 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Wheel Chairs- 2015-2021
7.1.3.3 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Cranes & Crutches- 2015-2021
7.1.3.4 Global Home Healthcare Devices Market Size (USD Million) & Y-O-Y growth (%), By Others Devices- 2015-2021
7.1.3.5 Global Home Healthcare Devices Y-O-Y growth Comparison (%), By Mobility Assist Devices - 2015-2021
7.1.3.6 Global Home Healthcare Devices Market Attractiveness-By Mobility Assist Devices, 2015-2021
7.1.3.7 Global Home Healthcare Devices Market BPS Analysis-By Mobility Assist Devices, 2015-2021 CONTINUE….

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Contact Us
Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609

About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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