Home Medical Equipment Market Analysis and Forecast to 2028: COVID-19 and Post-COVID Impact, Opportunities and Trends

According to a report from Evolve Business Intelligence, The global home medical equipment market size was valued at $30,545.34 million in 2019, and is estimated to reach $56,457.87 million by 2027, registering a CAGR of 6% from 2020 to 2027. The study covers insights regarding growth leveraging factors and investment strategies for each of the reader's analysts. The reader will gain valuable insights regarding key players and their developmental outlook for 2019, 2020 and 2021. This latest report on Pre-COVID-19 and Post-COVID-19 impact analysis will help investors with keeping up-to-date with current market activity and plan future investments accordingly.

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The report includes 10 key players in the Home Medical Equipment market ecosystem that have been strategically profiled, along with the market ranking/share for major players. The key players profiled in the report are:

• ABBOTT LABORATORIES
• BAXTER INTERNATIONAL INC
• B. BRAUN MELSUNGEN AG
• BECTON, DICKINSON AND COMPANY
• GENERAL ELECTRIC COMPANY (GE HEALTHCARE)
• HILL-ROM HOLDINGS, INC
• INVACARE CORPORATION
• JOHNSON & JOHNSON (DEPUY SYNTHES)
• MEDTRONIC PLC
• SMITH & NEPHEW PLC
• CAIRE INC
• DRIVE DEVILBISS HEALTHCARE
• INOGEN, INC
• SUNRISE MEDICAL (US) LLC
• KONINKLIJKE PHILIPS N.V. (PHILIPS RESPIRONICS)
• O2 CONCEPTS, LLC
• RESMED INC
• CONVATEC GROUP PLC

The research team has conducted a study of the HOME MEDICAL EQUIPMENT market. This study indicated an optimistic outlook for the future based on recent trends, hurdles, and opportunities. Based on our findings, our research team determined specific opportunities for growth for HOME MEDICAL EQUIPMENT Market, including some key areas that we believe could help bolster this innovative project's performance in terms of financial results (which have thus far been quite positive). This report on the HOME MEDICAL EQUIPMENT market shows the industry's historic development, including its evolution and latest developments. The report contains a comprehensive market stat of leading players in this industry. It also provides some important findings on this industry, like the consumption (sales), revenue, market share and growth rate analysis with respect to some major countries of this industry from 2020-2030.

Impact of COVID-19 & Post Covid Scenario
The COVID-19 pandemic has been hitting the market for several months and the repercussions have been felt across several countries and continents. There have been outbreaks of this virus that have amassed and bred among financial markets over a long period of time, disrupting trade and personal profit as well because they were frozen to avoid further spread. We at Evolve Business Intelligence have interviewed hundreds of people in similar geographical regions to help eliminate these risks.
In terms of COVID 19 impact, the Home Medical Equipment market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Market Segment By DISTRIBUTION CHANNEL with focus on market share, consumption trend, and growth rate of Home Medical Equipment Market:
• Hospital Pharmacies
• Retail medical stores
• Online retailer

Market Segment By FUNCTIONALITY with focus on market share, consumption trend, and growth rate of Home Medical Equipment Market:
• Therapeutic Equipment
o Home respiratory therapy equipment
o Continuous Positive Airway Pressure Equipment
• CPAP Machines
o CPAP Masks & Related Interfaces
• CPAP Accessories
o Oxygen delivery equipment
• Oxygen Concentrators
• Home Liquid Oxygen Containers
• Oxygen Cannula
• Other Home Oxygen Delivery Equipment
o Ventilators
o Nebulizers
o Humidifiers
o Home IV Equipment
o IV Pumps
o IV Administration
o IV Accessories
o Home Dialysis Equipment
o Home Peritoneal Dialysis Product
o Home Hemolysis Product
o Other Home Therapeutic Equipment
o Home Physical Therapy Equipment
o Home Negative Pressure Wound Therapy Devices
o Home Braces & Related Products
o Home Enteral Feeding Products
o Home Automated External Defibrillators
o Home Muscle & Nerve Stimulators
o Patient Monitoring Equipment
o Blood Glucose Monitors
o Blood Pressure Monitors
o Holter Monitors
o Peak Flow Monitors
o Apnea Monitors
o Heart Rate Monitors
o Baby Monitors
o Electronic Thermometers
o Coagulation Monitors
o Others
o Mobility Assist & Patient Support Equipment
o Wheelchairs
o Manual Wheelchairs
o Powered Wheelchairs
o Mobility Scooters
o Walking Assist Devices
o Walkers & Rollators
o Canes & Walking Sticks
o Crutches
o Medical Furniture
o Lift Chairs
o Medical Beds
o Stair Lifts
o Medical Furniture Accessories
o Bathroom Safety Equipment
o Bars, Grips & Rails
o Shower Chairs
o Elevated Toilet Seats

Global Home Medical Equipment Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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Key Matrix
• Base Year: 2021
• Estimated Year: 2022
• CAGR: 2022 to 2030

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