Press release
Home Medical Equipment Market Surges Amid Rising Demand for At-Home Care Solutions in 2025 | Leading key players - Invacare Corporation, Karman Healthcare Inc., Ottobock.
Home Medical Equipment Market
The Global Home Medical Equipment Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Home Medical Equipment Market refers to a segment of the healthcare industry that provides medical devices and supplies for use in a residential setting. These products include mobility aids, monitoring devices, respiratory therapy equipment, and home dialysis systems. The market supports patient recovery, chronic disease management, and elderly care, enabling cost-effective, convenient, and long-term treatment outside clinical facilities.
Prominent Industry players in the Global Home Medical Equipment Market
The prominent players in Global Home Medical Equipment market research report are: Invacare Corporation, Karman Healthcare Inc., Ottobock, Pride Mobility Products Corp., Medtronic, Koninklijke Philips N.V., GE HealthCare, Abbott, Nihon Kohden Corporation, and Danaher Corporation, among others.
Emerging Players: Livongo, Tyto Care, and iRhythm Tech, among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News
May 2025 - Medtronic: Announced plans to spin off its diabetes division into a separate publicly traded company within 18 months. The $2.5B unit (FY2024 revenue) aims to accelerate growth and overcome past challenges. It will continue offering MiniMed insulin pumps, smart pens, and is co-developing a glucose sensor with Abbott.
January 2025 - Philips: Signed an agreement to sell its Emergency Care business to Bridgefield Capital, a US-based investment firm. The business includes automated external defibrillators (AEDs). A brand license agreement allows continued use of the Philips name on Emergency Care products for up to 15 years.
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Market Segments
By Therapeutic Equipment: Dialysis Equipment, Respiratory Therapy Equipment, Intravenous Equipment.
By Mobility Assist and Patient Support Equipment: Mobility Assist Equipment, Medical Furniture and Bathroom Safety Equipment.
By Patient Monitoring Equipment: Cardiac Monitoring Equipment, Temperature Monitoring Equipment, Blood Glucose Monitoring Equipment, Others.
By End-Users: Home Healthcare Providers, Nursing Homes, Rehabilitation Centers.
The Global Home Medical Equipment industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Global Home Medical Equipment Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Global Home Medical Equipment Market?
✒ Who are the prominent players in the Global Home Medical Equipment Market?
✒ How is the regulatory landscape affecting the Global Home Medical Equipment Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Global Home Medical Equipment Market?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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