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India Home Medical Equipment Market Size, Share, Growth, Analysis and Forecast 2023-2030

11-09-2023 09:47 AM CET | Health & Medicine

Press release from: Orion Market Research

India Home Medical Equipment Market Size, Share, Growth,

The Indian home medical equipment market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. The home medical equipment market in India is gaining momentum and is poised for growth mainly owing to the presence of a large base geriatric population.

According to the State of World Population 2019 report by the United Nations Population Fund (UNFPA), 6% of India's population was of the age 65 and above. The percentage is much lower as compared to other countries globally however due to the 1.36 billion total population, the geriatric population of the country stands around 80 million. Senior citizens are the most potential user of home medical equipment, hence will significantly aid the growth of the market.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/india-home-medical-equipment-market

Additionally, the adoption of home medical equipment for the patients that are not up for frequent travel to the hospitals is also significantly high. This will also provide various growth opportunities for the Indian home medical equipment industry.

Moreover, the increase in chronic diseases, as well as the requirements for improved quality healthcare (primary and post-operative), is aiding the growth of the market. Besides, the integration of web-based management tools or software that improves the overall efficiency of home care by providing real-time feedback from the concerned authority is also driving the adoption of such equipment in the country.

India Home Medical Equipment Market Report Segment

By Type

Diagnostic and Monitoring Device
Therapeutic Devices
Mobility Care Devices
Medical Furniture

By Distribution Channel

Online
Offline

A full report of India Home Medical Equipment Market is available at: https://www.omrglobal.com/industry-reports/india-home-medical-equipment-market

Company Profiles

Abbott Laboratories
Braun Melsungen AG
Baxter International Inc
Cardinal Health Inc
Cipla Ltd.
Hoffmann-La Roche Ltd.
Fresenius SE & Co. KGaA
General Electric Co.
Invacare Corp.
Koninklijke Philips N.V.
Mankind Pharma Ltd.
Medtronic PLC
Microgene Diagnostic Systems Pvt. Ltd.
Ottobock SE & Co. KGaA
Rossmax International Ltd.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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