Global Home Medical Equipment Market
Trend & Growth Rate Report
Home medical equipments are defined as medical devices that offer safe, cost-effective, convenient,
and suitable environment to patients at their residence. These devices help in efficient recovery of
patients and improves the recovery time. Type of home medical equipment consists therapeutic
equipment, mobility assist equipment, patient monitoring equipment, and other patient support
equipment. Home medical devices helps in reducing time spent in hospitals, nursing homes and clinics
as well as saves costs on healthcare for an individual.
The global home medical equipment market has transformed from past few years, due to the increase
in prevalence of various chronic diseases worldwide. Further, oxygen-related products in home
medical equipment are gaining high adoption, owing to significant rise in incidence of chronic
obstructive pulmonary disease (COPD) across the globe.
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In the report, Global Home Medical Equipment Market has been analyzed through
a segmental perspective. The market segmentation allows a deeper
understanding of the market hotspots.
Various devices are used for patient care at home, for instance, wheel chair, infusion pumps, 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. Also, new technologies like needle-
free diabetic care, medication administration equipment, and durable medical equipment, including
medical beds & lift chairs, fuel the global home medical equipment market growth.
The growth of the home medical equipment market is propelled by the rise in incidence of chronic
diseases and considerable increase in geriatric population across the world. In addition, technological
advancements in home care medical equipment like portability, smaller size