Home Medical Equipment Market Projected to Grow to $62.89 Billion by 2030

Meticulous Research®, a prominent global market research firm, has recently released an extensive report titled "Home Medical Equipment Market by Product (Therapeutic [CPAP, Nebulizer, Ventilator, Dialysis, IV Equipment], Monitoring [Cardiac, Glucose, Temperature, Apnea], Mobility Assist [Walker, Wheelchair, Scooter]) Distribution Channel – Global Forecast to 2030."
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According to this latest publication from Meticulous Research®, the home medical equipment market is expected to grow to $62.89 billion by 2030, with a CAGR of 6.8% from 2023 to 2030. This growth is fueled by factors such as increasing prevalence of chronic diseases, aging population, technological advancements in home medical equipment, rising healthcare spending, and the adoption of self-health management practices. Emerging economies also present significant growth opportunities, although challenges like high equipment costs and lack of reimbursement may hamper market expansion.
Key Players: The report provides a comprehensive analysis of key players in the home medical equipment market, including Abbott Laboratories (U.S.), Amedisys, Inc (U.S.), Baxter Healthcare (U.S.), Convatec (U.K.), Fisher & Paykel Healthcare (New Zealand), Fresenius Medical Care AG & Co. KGaA (Germany).