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Global Homecare Medical Equipment Market Analysis & Industry Forecast 2017-2023, With an Expected CAGR of Over 7% - ResearchAndMarkets.com

June 8, 2018

DUBLIN--(BUSINESS WIRE)--Jun 8, 2018--The “Homecare Medical Equipment Market by Functionality] - Global Opportunity Analysis and Industry Forecast, 2017-2023” report has been added to ResearchAndMarkets.com’s offering. The global homecare medical equipment market was valued at $21,912 million in 2016, and is estimated to reach $35,183 million by 2023, registering a CAGR of 7.1% from 2017 to 2023. The growth of the global homecare medical equipment market is driven by the increase in incidence of chronic diseases and rise in geriatric population. Furthermore, cost-effectiveness of HME and technological advancements are expected to fuel the market growth. However, surge in concerns related to patient safety and difficulty in adapting to medical devices restrain the growth. The growth potential in the emerging economies of Asia-Pacific is expected to provide numerous opportunities for market expansion during the forecast period. The global homecare medical equipment market is segmented into functionality and region. Based on functionality, it is divided into therapeutic equipment, patient monitoring equipment, and mobility assist & patient support equipment. The therapeutic equipment is further classified into homecare respiratory therapy equipment, homecare IV equipment, homecare dialysis equipment, and other homecare therapeutic equipment. The market by homecare respiratory equipment is sub-divided into continuous positive airway pressure equipment, oxygen delivery equipment, ventilators, nebulizers, and humidifiers. The continuous positive airway pressure equipment is categorized into CPAP machines, CPAP masks & related interfaces, CPAP accessories, and oxygen delivery equipment. The market based on oxygen delivery equipment is classified into oxygen concentrators, homecare liquid oxygen containers, oxygen cannula, and other homecare oxygen delivery equipment. Companies Mentioned:

Arkray Incorporated Baxter International Incorporated Becton Dickinson and Company B. Braun Melsungen Ag Carefusion Corporation Invacare Corporation General Electric Company Hill-Rom Holdings Incorporated Johnson & Johnson Medline Industries Incorporated Medtronic plc Omron Corporation Resmed Corporation Smiths group plc.

Key Topics Covered: Chapter 1 Introduction Chapter 2 Executive Summary Chapter 3 Market Overview Chapter 4 Homecare Medical Equipment Market, By Functionality Chapter 5 Homecare Medical Equipment Market, By Region Chapter 6 Company Profiles For more information about this report visit https://www.researchandmarkets.com/research/vvjcw7/global_homecare?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180608005289/en/

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Related Topics:Medical Devices

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES MEDICAL SUPPLIES

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/08/2018 07:29 AM/DISC: 06/08/2018 07:29 AM

http://www.businesswire.com/news/home/20180608005289/en

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