Home Medical Device Market Growth, Business Development, Industry Expansion ,Future Trends by 2027

 Home Medical Device Market Research Report: By Function (Treatment Equipment, Patient Monitoring Equipment, Mobility Assist & Patient Support Equipment) and End User (Hospital, Emergency Clinic, Home Care Settings)-2027 Forecast

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According to MRFR analysis, the home medical device market is expected to register a CAGR of 5.9% during the 2019-2015 forecast period and was valued at US $ 245,433,000 in 2018.

Home medical devices consist of a wide range of devices intended for use at home and in other non-clinical settings. The provision of medical services shows that a clear shift from clinical to home care settings is having a positive impact on the home medical device market.

segmentation

The global home medical device market is divided into functionality and end users.

By function, the market is divided into treatment equipment, patient monitoring equipment, and mobility aid and patient support equipment. Therapeutic devices are further classified into home breathing therapy devices, home IV devices, home dialysis devices, and other home treatment devices. Patient monitoring devices are then segmented into blood glucose monitors, blood pressure monitors, halter monitors, apnea monitors, heart rate monitors, baby monitors, electronic thermometers, and coagulation monitors. Mobility support and patient support devices are further subdivided into wheelchairs, mobile scooters, medical furniture, and bathroom safety devices.

The global home medical device market by end users is categorized into hospitals, emergency clinics, home care settings and more.

Main players

CareFusion, Inc. (USA)
GE Healthcare (USA)
Medlin Industries,
Inc. ( USA) Omron, Inc. (Japan)
Resmed, Inc. (USA)
Striker (USA) Arcley,
Inc. (Japan)
Smith Group PLC (UK ) )
Hoffman La Roche (Switzerland)
Abbott (USA)
Phillips Healthcare (USA)
Inbacare Co., Ltd. (USA)

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