Home Medical Equipment Market Growth, Demand and Challenges of the Key Industry Players 2024-32
                     Global Home Medical 
Equipment Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
A c c o r d i n g  t o  t h e  l a t e s t  r e p o r t  b y  I M A R C  G r o u p ,  t i t l e d  " H o m e  M e d i c a l  E q u i p m e n t  M a r k e t :  
G l o b a l  I n d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  G r o w t h ,  O p p o r t u n i t y  a n d  F o r e c a s t  2 0 2 4 -
2 0 3 2 , "  t h e  g l o b a l  h o m e  m e d i c a l  e q u i p m e n t  m a r k e t  s i z e  r e a c h e d  U S $  4 0 . 0  B i l l i o n  i n  2 0 2 3 .
H o m e  m e d i c a l  e q u i p m e n t  a r e  d e s i g n e d  t o  p r o v i d e  m e d i c a l  s u p p o r t  t o  p a t i e n t s  r e q u i r i n g  
o n g o i n g  c a r e  a t  h o m e .  T h i s  i n c l u d e s  o x y g e n  c o n c e n t r a t o r s ,  h i g h - p r e s s u r e  c y l i n d e r s ,  
Report n e b u l i z e r s ,  r e s p i r a t o r y  a s s i s t  d e v i c e s ,  a n d  c o n t i n u o u s  p o s i t i v e  a i r w a y  p r e s s u r e  ( C P A P )  
m a c h i n e s .  H o m e  m e d i c a l  e q u i p m e n t  a l l o w s  p a t i e n t s  t o  r e c e i v e  h i g h - q u a l i t y  m e d i c a l  c a r e  a t  
h o m e ,  w h i c h  i s  e s p e c i a l l y  b e n e f i c i a l  f o r  p a t i e n t s  w i t h  c h r o n i c  c o n d i t i o n s  o r  i n j u r i e s  t h a t  
Highlight and r e q u i r e  o n g o i n g  c a r e .  
C a r e g i v e r s  e x t e n s i v e l y  u t i l i z e  d e v i c e s ,  s u c h  a s  p u l s e  o x i m e t e r s ,  b l o o d  g l u c o s e  m o n i t o r s ,  a n d  
b l o o d  p r e s s u r e  m o n i t o r s ,  t o  r e g u l a r l y  c h e c k  a n d  r e p o r t  o n  t h e  p a t i e n t ' s  h e a l t h  s t a t u s ,  a l l o w i n g  
Description f o r  t i m e l y  i n t e r v e n t i o n s  a n d  a d j u s t m e n t s  t o  t h e  t r e a t m e n t  p l a n .  F u r t h e r m o r e ,  h o m e  m e d i c a l  
e q u i p m e n t  e n h a n c e s  t h e  s a f e t y  o f  p a t i e n t s  b y  r e d u c i n g  t h e  r i s k s  a s s o c i a t e d  w i t h  
h o s p i t a l i z a t i o n ,  s u c h  a s  h o s p i t a l - a c q u i r e d  i n f e c t i o n s ,  m e d i c a t i o n  e r r o r s ,  a n d  f a l l s .  B y  
r e c e i v i n g  c a r e  a t  h o m e ,  p a t i e n t s  c a n  s t a y  i n  a  f a m i l i a r  a n d  c o m f o r t a b l e  e n v i r o n m e n t ,  w h i c h  
c a n  p r o m o t e  f a s t e r  h e a l i n g  a n d  b e t t e r  o v e r a l l  h e a l t h  o u t c o m e s .
R e q u e s t  f o r  a  P D F  s a m p l e  o f  t h i s  r e p o r t :  
h t t p s : / / w w w . i m a r c g r o u p . c o m / h o m e - m e d i c a l - e q u i p m e n t - m a r k e t / r e q u e s t s a m p l e
Report Description
G lo b a l  H o m e  M e d i c a l  E q u ip m e n t  M a r k e t  T r e n d s :
T h e  g l o b a l  m a r k e t  f o r  h o me  m e d i c a l  e q u i p me n t  i s  b e i n g  d r i v e n  b y  v a r i o u s  f a c t o r s ,  i n c l u d i n g  t h e  g r o w i n g  p r e v a l e n c e  o f  c h r o n i c  
d i s e a s e s  s u c h  a s  c a n c e r ,  s t r o k e ,  a r t h r i t i s ,  d i a b e t e s ,  i n f l u e n z a ,  p n e u m o n i a ,  s e p t i c e m i a ,  a n d  k i d n e y ,  h e a r t ,  r e s p i r a t o r y ,  a n d  
A l z h e i m e r ' s  d i s e a s e .  I n  a d d i t i o n  t o  t h i s ,  t h e r e  h a s  b e e n  a  r i s i n g  d e m a n d  f o r  o x y g e n - r e l a t e d  p r o d u c t s  i n  h o m e  m e d i c a l  e q u i p m e n t  
o w i n g  t o  t h e  i n c r e a s i n g  i n c i d e n c e  o f  c h r o n i c  o b s t r u c t i v e  p u l m o n a r y  d i s e a s e  ( C O P D ) ,  w h i c h ,  i n  t u r n ,  i s  f u e l i n g  t h e  m a r k e t  g r o w t h .  
M o r e o v e r ,  t h e  d e v e l o p m e n t  o f  i n n o v a t i v e  h o m e  m e d i c a l  e q u i p m e n t ,  s u c h  a s  n e e d l e - f r e e  d i a b e t i c  c a r e ,  m e d i c a t i o n  a d m i n i s t r a t i o n  
e q u i p m e n t ,  m e d i c a l  b e d s ,  a n d  l i f t  c h a i r s ,  a n d  t h e  g r o w i n g  g e r i a t r i c  p o p u l a t i o n  a r e  b o o s t i n g  t h e  m a r k e t  g r o w t h .  
A p a r t  f r o m  t h i s ,  t h e  r a p i d l y  e x p a n d i n g  h e a l t h c a r e  i n d u s t r y  a n d  t h e  r i s i n g  a w a r e n e s s  a b o u t  t h e  b e n e f i t s  o f  h o m e  m e d i c a l  e q u i p m e n t  
a r e  o t h e r  f a c to r s  d r i v i n g  t h e  m a r k e t  g r o w th .  F u r t h e r m o r e ,  k e y  p l a y e r s  i n  t h e  m a r k e t  a r e  i n v e s t i n g  h e a v i l y  i n  r e s e a r c h  a n d  
d e v e l o p m e n t  ( R & D )  a c t i v i t i e s  t o  i n c o r p o r a t e  a d v a n c e d  t e c h n o l o g i e s ,  s u c h  a s  w e a r a b l e  d e v i c e s ,  t e l e h e a l t h ,  a n d  m o b i l e  h e a l t h  
s o f t w a r e  i n  h o m e  m e d i c a l  e q u i p m e n t ,  w h i c h  i s  e x p e c t e d  t o  p o s i t i v e l y  i n f l u e n c e  t h e  m a r k e t  g r o w t h .
L o o k in g  f o r w a r d ,  t h e  m a r k e t  v a lu e  i s  p r o j e c t e d  t o  r e a c h  U S $  6 7 .0  B i l l i o n  b y  2 0 3 2 ,  e x p a n d in g  a t  a  C A G R  o f  5 .8 %  d u r in g  
2 0 2 4 - 2 0 3 2 .
V ie w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / h o m e - m e d i c a l - e q u ip m e n t - m a r k e t
Breakup by Equipment Type:
• Therapeutic Equipment
o Respiratory Therapy Equipment
o Dialysis  Equipment
o Intravenous Equipment
o Others
• Patient Monitoring Equipment
Report o Conventional  Monitors
o
Segmentation Telemedicine Pat ient Monitoring Equipment
• Mobi l i ty Assist  and Pat ient Support Equipment
o Mobi l i ty Assist Equipment
o Medical  Furniture
o Bathroom Safety Equipment
 
Breakup by Distribution Channel:
• Retai l  Medical  Stores
• Online Retai lers
• Hospital  Pharmacies
Breakup by Region:
• North America
• Europe
Report • Asia-Pacifi c
Segmentation • Latin America
• Middle East and Afr ica
• Abbott Laboratories
• Arkray Inc.
• B. Braun Melsungen AG
Competitive • Baxter International Inc.
• Caire Inc. (NGK Spark Plug Co. Ltd.)
Landscape • Inogen Inc.
with Key • Invacare Corporation
• Koninkli jke Phi l ips N.V.
Players
• Medline Industries LP
• Medtronic plc
• OMRON Healthcare Inc. (Omron Corporation)
• Resmed Inc.
What was the size of the global home medical 
equipment market in 2023?
What is the expected growth rate of the global 
home medical equipment market during 2024-
2032?
What are the key factors driving the global home 
Key medical equipment market?
Questions What has been the impact of COVID-19 on the 
global home medical equipment market?
Answered in 
What is the breakup of the global home medical 
the Report equipment market based on the equipment type?
What is the breakup of the global home medical 
equipment market based on the distribution 
channel?
What are the key regions in the global home 
medical equipment market?
Who are the key players/companies in the global 
home medical equipment market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     K e y  I n d u s t r y  T r e n d s
5     G l o b a l  H o m e  M e d i c a l  E q u i p m e n t  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  E q u i p m e n t  T y p e
    6 . 1     T h e r a p e u t i c  E q u i p m e n t
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  K e y  S e g m e n t s
           6 . 1 . 2 . 1  R e s p i r a t o r y  T h e r a p y  E q u i p m e n t
           6 . 1 . 2 . 2  D i a l y s i s  E q u i p m e n t
           6 . 1 . 2 . 3  I n t r a v e n o u s  E q u i p m e n t
           6 . 1 . 2 . 4  O t h e r s
        6 . 1 . 3  M a r k e t  F o r e c a s t
    6 . 2     P a t i e n t  M o n i t o r i n g  E q u i p m e n t
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  K e y  S e g m e n t s
       
           6 . 2 . 2 . 1  C o n v e n t i o n a l  M o n i t o r s
           6 . 2 . 2 . 2  T e l e m e d i c i n e  P a t i e n t  M o n i t o r i n g  E q u i p m e n t
        6 . 2 . 3  M a r k e t  F o r e c a s t
    6 . 3     M o b i l i t y  A s s i s t  a n d  P a t i e n t  S u p p o r t  E q u i p m e n t
        6 . 3 . 1  M a r k e t  T r e n d s
        6 . 3 . 2  K e y  S e g m e n t s
           6 . 3 . 2 . 1  M o b i l i t y  A s s i s t  E q u i p m e n t
           6 . 3 . 2 . 2  M e d i c a l  F u r n i t u r e
           6 . 3 . 2 . 3  B a t h r o o m  S a f e t y  E q u i p m e n t
        6 . 3 . 3  M a r k e t  F o r e c a s t
7     M a r k e t  B r e a k u p  b y  D i s t r i b u t i o n  C h a n n e l
Table of     7 . 1     R e t a i l  M e d i c a l  S t o r e s        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
    7 . 2     O n l i n e  R e t a i l e r s
Contents         7 . 2 . 1  M a r k e t  T r e n d s        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     H o s p i t a l  P h a r m a c i e s
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
8     M a r k e t  B r e a k u p  b y  R e g i o n
    8 . 1     N o r t h  A m e r i c a
        8 . 1 . 1  U n i t e d  S t a t e s
           8 . 1 . 1 . 1  M a r k e t  T r e n d s
           8 . 1 . 1 . 2  M a r k e t  F o r e c a s t
        8 . 1 . 2  C a n a d a
           8 . 1 . 2 . 1  M a r k e t  T r e n d s
           8 . 1 . 2 . 2  M a r k e t  F o r e c a s t
    8 . 2     A s i a - P a c i f i c
        8 . 2 . 1  C h i n a
           8 . 2 . 1 . 1  M a r k e t  T r e n d s
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. i m a rc g ro u p . c o m / h o m e - m e d i c a l - e q u i p m e n t - m a r ke t / t o c
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