Home Healthcare Equipment Market
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The Business Research Company’s Home Healthcare Equipment Global Market Report 2023 identifies rise in the ageing population as the major driver for the Home Healthcare Equipment market’s growth in the forecast period. Ageing population refers to an increase in the proportion of elderly people due to changes in the age structure of a population. This demographic shift has resulted in an increase in the number and proportion of people over the age of 60. Home healthcare equipment helps the ageing population gain control over their bodies, enhance their strength, prevent injuries, and treat common illnesses and disorders without having to visit the doctor on a regular basis
The global home healthcare equipment market size is expected to grow from $31.99 billion in 2022 to $34.44 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global home healthcare equipment is expected to grow to $45.8 billion in 2027 at a CAGR of 7.4%.
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Major competitors in the Home Healthcare Equipment market are LifeScan Inc., Microlife Corporation, A&D Company Limited, Abbott Laboratories, Roche Healthcare, Panasonic, Yuwell, SANNUO, Osim International, Siemens AG, Insulet Corporation, Phonak, William Demant, Invacare, 3M Company, and ARKRAY Inc
A key trend in the Home Healthcare Equipment market includes Technological advancements. Companies operating in the home healthcare equipment market are adopting new technologies to sustain their position in the market
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The Home Healthcare Equipment market is segmented –
1) By Product: Blood Glucose Monitor, Blood Pressure Monitor, Rehabilitation equipment, Other Product
2) By Service: Rehabilitation, Infusion Therapy, Unskilled Care, Respiratory Therapy, Pregnancy Care, Skilled Nursing, Hospice and Palliative Care
3) By Application: Diagnostics and Monitoring, Therapeutics, Care and Rehabilitation, Other Application
4) By End User: Hospitals or Clinics or Diagnostic Lab, Research and Development Centre, Home Care Settings
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Home Healthcare Equipment market.
The Business Research Company’s “Global Home Healthcare Equipment Market Report 2023” provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Home Healthcare Equipment Market Include:
1. Executive Summary
2. Home Healthcare Equipment Market Characteristics
3. Home Healthcare Equipment Market Trends And Strategies
4. Home Healthcare Equipment Market – Macro Economic Scenario
5. Home Healthcare Equipment Market Size And Growth
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26. Africa Home Healthcare Equipment Market
27. Home Healthcare Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Home Healthcare Equipment Market
29. Home Healthcare Equipment Market Future Outlook and Potential Analysis
30. Appendix
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