Global Home Medical Equipment Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of 5.7% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 13, 2018--The “Home Medical Equipment Market by Functionality, Patient Monitoring Equipment and Mobility Assist & Patient Support Equipment - Global Opportunity Analysis and Industry Forecast, 2017-2023” report has been added to ResearchAndMarkets.com’s offering.
The Global Home Medical Equipment Market was valued at $21,912 million in 2016, and is estimated to reach $32,451 million by 2023, registering a CAGR of 5.7% from 2017 to 2023.
Home medical equipment are medical devices that offer safe, convenient, cost-effective, and suitable environment to patients within their home. The home medical equipment market has transformed during the recent few years, owing to increase in prevalence of various chronic diseases. Further, oxygen-related products in home medical equipment are gaining high adoption, due to increase in incidence of COPD (chronic obstructive pulmonary disease) cases. Numerous devices are used for patient care at home, for example, infusion pumps, wheel chair, apnea monitors, glucose meters, and cannula.
For instance, glucose meters or glucometers are routinely used at home to assess the level of glucose in blood for diabetics. Further, new technologies such as needle-free diabetic care, medication administration equipment, and durable medical equipment, such as medical beds and lift chairs, propel the market growth.
Companies Mentioned:Abbott Laboratories B. Braun Melsungen Ag Baxter International Inc. Becton, Dickinson And Company GE Healthcare Hill Rom Holding Inc. Invacare Corporation Johnson & Johnson Medtronic Plc Smith & Nephew Plc.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Home Medical Equipment Market, By Functionality
Chapter 5 Home Medical Equipment Market, By Region
Chapter 6 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/jk5rcx/global_home?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180613005503/en/
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Related Topics:Home Testing and Home Healthcare,Patient Monitoring Equipment
INDUSTRY KEYWORD: HEALTH MANAGED CARE
SOURCE: Research and Markets
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PUB: 06/13/2018 06:31 AM/DISC: 06/13/2018 06:31 AM