The US home medical equipment market is anticipated to grow at a CAGR of 5.4% during the forecast period. The growth of the market is attributed to the growing adoption of home medical equipment owing to the advantages such as cost cuts and convenience. In addition to this, the growing awareness of the use of home medical equipment will also provide considerable momentum to the market. Moreover, the presence of a high number of companies engaged in providing home care services will also foster the growth of the home medical equipment market.
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The US home medical equipment market is segmented based on the type and distribution channel. By type, it is further segmented into diagnostic & monitoring devices, therapeutic devices, mobility care devices, and medical furniture. The diagnostic & monitoring devices include blood pressure monitoring devices, glucose monitoring devices, oxygen & airflow monitoring devices, temperature monitors, baby monitors, and others. Baby monitors will witness a substantial growth rate during the forecast period. The therapeutics devices include dialysis equipment, respiratory equipment, cold therapy system, insulin delivery equipment, and others. 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
US Home Medical Equipment Market by Type
- Diagnostic and Monitoring Device
- Blood Pressure Monitors
- 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)
US Home Medical Equipment Market by Distribution Channel
- Online Channel
- Offline Channel
Company Profiles
- Abbott Laboratories
- 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 US home medical equipment industry.
- 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 US home medical equipment market.
- Insights about market determinants that are stimulating the US 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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