The North American home medical equipment market is anticipated to grow at a CAGR of 5.4% during the forecast period. The growth of the market is being influenced mainly by the increasing incidences of chronic disease coupled with the high number of the aging population. Additionally, the increasing hospital charges are also driving the adoption of home care services thereby, driving the growth of the home medical equipment market in the region.
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The North American home medical equipment market is segmented based on the type and distribution channel. By type, it includes diagnostic and monitoring devices, therapeutic devices, mobility care devices, and medical furniture. The diagnostic and monitoring devices include blood pressure monitoring devices, glucose monitoring devices, oxygen & airflow monitoring devices, temperature monitors, baby monitors, and others. Other include pregnancy and ovulation kits, INR self-monitors HIV kits, and more. The therapeutics devices include dialysis equipment, respiratory equipment, cold therapy system, insulin delivery equipment, and others. Respiratory equipment is expected to hold a major market share during the forecast period. Mobility care devices include wheelchairs, mobility scooters, and walkers, rollators, canes, & crutches. Medical furniture sub-segment includes bathroom safety furniture and bedroom safety furniture. Based on the distribution channel, the market is bifurcated into online and offline channels.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
North America Home Medical Equipment Market by Type
- Diagnostic and Monitoring Device
- Blood Pressure monitoring Device
- Glucose Monitoring Devices
- Oxygen & Air Monitoring Devices (Pulse Oximeter, Peak Flow Meters)
- Temperature Monitor
- Baby Monitor
- Others (Pregnancy and Ovulation Kits, INR self-monitors, Holter & Event Monitors, HIV Test Kit, Vital Signs Monitors)
- Therapeutic Devices
- Dialysis Equipment
- Respiratory Equipment (Sleep Apnea Devices, Oxygen Concentrator, Nebulizer, Inhalers, Oxygen Cylinders, PEP Devices)
- Cold Therapy System
- Insulin Delivery Equipment
- Others (Ventilators)
- Mobility Care Devices
- Wheelchair
- Mobility Scooters
- Walkers, Canes, and Crutches
- Medical Furniture
- Bathroom Safety Furniture (Toilet Safety Rail, Bathtub Safety Rail, Grab Bar, Bath Chair)
- Bedroom Safety Furniture (Bed Rail, Overbed Table, Lift Chair)
North America Home Medical Equipment Market by Distribution Channel
- Online Channel
- Offline Channel
Regional Analysis
- US
- Canada
Company Profiles
- Abbott Laboratories Inc.
- Arkray Inc.
- Braun Melsungen AG
- Baxter International Inc.
- Becton Dickinson and Co.
- Hoffmann-La Roche Ltd.
- Fisher & Paykel Healthcare Corp Ltd.
- Fresenius Medical Care AG & Co.
- General Electric Co.
- GF Health Products, Inc.
- Hill-Rom Holdings, Inc.
- Invacare Corp.
- Johnson & Johnson
- Koninklijke Philips N.V.
- Medical Depot, Inc.
- Medtronic PLC
- Omron Healthcare, Inc.
- Rotech Healthcare Inc.
- Stryker Corp.
- Sunrise Medical, Inc.
The Report Covers
- Comprehensive research methodology of the North American home medical equipment market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American home medical equipment industry.
- Insights about market determinants that are stimulating the North American home medical equipment market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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