Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for global professionals · Sunday, December 16, 2018 · 471,273,033 Articles · 3+ Million Readers

Home Healthcare Equipment Market- Advancement in Technology, Government Initiatives, & Aging Population are Major Factor

PUNE, INDIA, April 17, 2018 / -- with their unique quality of simplifying the market research study, presents a deep diving study report “Global Home Healthcare Equipment Outlook 2024”

Home Healthcare Equipment


The global home healthcare devices market is poised for rapid growth due to rise in aging population, growing demand for home healthcare systems due to the increasing healthcare costs, advancement in technology and government initiatives. Major driving factor behind the positive growth of home healthcare market is increasing geriatric population, health awareness among the population and increase in diagnosis.

Click here for sample report @


Major Players

3M Health Care
Bayer AG
Abbott Laboratories
Cardinal Health, Inc.
GE Healthcare
Invacare Corporation
F. Hoffmann-La Roche Ltd.
Phillips Healthcare
Medtronic, Inc.
Omron Healthcare, Inc.   
Home Healthcare Equipment Major Outlook

Geriatric population is prone to chronic diseases such as diabetes which in turn, is expected to fuel the growth of home healthcare device market. While on the other hand, home healthcare equipment market is facing challenges like providing services for chronic illness, changing reimbursement policies and limited insurance coverage. In global home healthcare equipment market, services segment is the largest, providing services like rehabilitation, tele-health and telemedicine, respiratory therapy, infusion therapy and unskilled home healthcare services. . 

 Home Healthcare Equipment - Competitive Analysis

Key players are making innovative developments in Home Healthcare Equipment.  The same will help in improving the market performance. Heavy investments are made by major players in the R&D sector

Home Healthcare Equipment – Scope

Global home health care equipment market is around 12-15% of total home health care market, which is anticipated to reach USD 50 billion by the end of 2024, growing at a CAGR of 7% during the forecast period and rest of the share is generated by home healthcare services. In 2015, U.S. and Canada were the largest geographies which held 35% share in global home health care equipment market followed by Europe and APAC, being the emerging market. Diabetes among other diseases accounts for largest share (45% in 2006) in home healthcare equipment market. 

Factors restraining the growth of this market include reimbursement availability, limited insurance coverage and risks to personal safety of home care workers. Due to direct sales through the Internet has brought the distribution channel consolidation, leading to a decrease in the number of distributers in the global homecare equipment market


For Detailed Reading Please visit @


About Us

Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.

Contact Us:


Partner Relations & Marketing Manager

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)

Norah Trent
WiseGuy Research Consultants Pvt. Ltd.
+1 646 845 9349 / +44 208 133 9349
email us here

Powered by EIN Presswire

EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release