Steady Expansion Forecast for Home Healthcare Equipment Market, Projected to Reach $53.41 Billion by 2029

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Home Healthcare Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of home healthcare equipment has seen robust growth in the past few years. It is projected to increase from $35.77 billion in 2024 to $37.83 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%. The notable growth during the historic period is due to factors such as government efforts to promote home healthcare, patients favoring care in the home, cost-effective remedies, improved patient outcomes, heightened awareness and education schemes, access to healthcare in rural areas, and the development of healthcare infrastructure.

Home Healthcare Equipment Market Size Forecast: What's the Projected Valuation by 2029?
The market size of home healthcare equipment is predicted to significantly increase within the coming years, expanding to $53.41 billion in 2029, with a compound annual growth rate (CAGR) of 9.0%. This growth over the projected period can be attributed to factors such as the adoption of digital health, integration with smart homes, healthcare driven by consumers, advancements in remote diagnoses, and the expansion of telemedicine services. Notable trends during the forecast period are expected to be the adoption of remote patient monitoring (RPM) technology, smart home healthcare appliances, user-friendly designs and interfaces for patients, devices managing medication, and the integration of Artificial Intelligence (AI) and machine learning.

View the full report here:
https://www.thebusinessresearchcompany.com/report/home-healthcare-equipment-global-market-report

What Are the Drivers Transforming the Home Healthcare Equipment Market?
The escalation in the number of older individuals is projected to stimulate the advancement of the home healthcare equipment market in the future. The term "ageing population" refers to a rise in the percentage of older people due to demographic alterations. This demographic transition has caused an escalation in the count and ratio of individuals aged 60 and above. Home healthcare equipment enables these seniors to gain control over their bodies, boost their power, avert injuries, and manage ordinary diseases and disorders without the necessity for frequent doctor consultations. For example, as per the World Health Organization, a health agency based in Switzerland, by 2030, one in every six individuals worldwide will be aged 60 or above and is projected to touch 2.1 billion older individuals by 2050. Thus, the escalation in the number of older individuals is fuelling the advancement of the home healthcare equipment market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7867&type=smp

What Long-Term Trends Will Define the Future of the Home Healthcare Equipment Market?
Emerging technologies are a significant trend gaining traction in the home healthcare equipment market. Firms active in this sector are harnessing novel technologies to maintain their market standing. For example, CommScope, a network infrastructure firm based in the US, introduced the HomeSight system for healthcare and homecare in October 2022. This system combines a smart camera connected to a TV with an edge computer, a powerful cloud service for transferring data and managing devices, environmental sensors, and an LTE connectivity module for homes lacking broadband access or in need of a backup connection. This improvement in the end-user experience bolsters patient access, interaction, and adoption of care services, simultaneously reducing the requirement for face-to-face consultations or visits.

Which Segments in the Home Healthcare Equipment Market Offer the Most Profit Potential?
The home healthcare equipment market covered in this report is segmented -

1) By Product: Blood Glucose Monitor, Blood Pressure Monitor, Rehabilitation equipment, Other Product
2) By Service: Rehabilitation, Infusion Therapy, Unskilled Care, Respiratory Therapy, Pregnancy Care, Skilled Nursing, Hospice And Palliative Care
3) By Application: Diagnostics And Monitoring, Therapeutics, Care And Rehabilitation, Other Application
4) By End User: Hospitals Or Clinics Or Diagnostic Lab, Research And Development Centre, Home Care Settings

Subsegments:
1) By Blood Glucose Monitor: Glucometers, Continuous Glucose Monitors (CGMs), Test Strips
2) By Blood Pressure Monitor: Digital Blood Pressure Monitors, Manual Blood Pressure Monitors, Ambulatory Blood Pressure Monitors
3) By Rehabilitation Equipment: Mobility Aids, Exercise Equipment, Home Modification Products
4) By Other Products: Thermometers, Nebulizers, Pulse Oximeters

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7867&type=smp

Which Firms Dominate the Home Healthcare Equipment Market by Market Share and Revenue in 2025?
Major companies operating in the home healthcare equipment market are LifeScan Inc., Microlife Corporation, A&D Company Limited, Abbott Laboratories, Panasonic Corp., Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Sannuo Hong Kong Limited Company, Siemens AG, Insulet Corporation, Phonak Holding AG, William Demant Holding AS, Invacare Holdings Corporation, 3M Company, ARKRAY Inc., Apex Ltd., ApiJect Systems Corp., B. Braun Melsungen AG, Bavaria Medizin Technologie GmbH, Baxter International Inc., Bayada Home Healthcare Agency, Becton Dickinson and Company, Bigfoot Biomedical Inc., BioLife Solutions Inc., Cantel Medical Corp., Cardinal Health Inc., Grand Pharmaceutical Group Ltd., GE Healthcare Technologies Inc., Home Care Delivered Inc., IRadimed Corporation

Which Regions Offer the Highest Growth Potential in the Home Healthcare Equipment Market?
North America was the largest region in the home health care equipment market in 2024. The regions covered in the home healthcare equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7867

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info

The Business Research Company - www.thebusinessresearchcompany.com

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.