Global Market Report on Home Medical Equipment Technologies

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Date Submitted: 12/25/2015 12:28 AM

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Dec 25 2015 Mumbai, India: Bharatbook.com announces a report on “ Global Market Report on Home Medical Equipment Technologies ”. These trends are global, at least in advanced industrial nations, but most published analyses of the HME industry focus on the U.S. market.

The global market for home medical equipment (HME) is expected to grow from $27.8 billion in 2015 to nearly $44.3 billion by 2020, a compound annual growth rate (CAGR) of 9.7% between 2015 and 2020.

This report provides:

-An overview of the global markets for home medical equipment

-Analyses of global market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020

-Major product types and applications, both commercial and developmental

-Analyses of the impact of demographic, technological, regulatory and other factors that will drive future demand in different segments

-Market size and segmentation, including historical data on sales by product type and geographical breakdowns

-Evaluation of the market's dynamics, specifically growth drivers, restraints, and opportunities

-A relevant patent analysis

-Profiles of major players in the home medical equipment industry

INTRODUCTION

Home medical equipment (HME) is a multibillion-dollar industry. Since the report published its last HME study in 2012, the market has continued to evolve as the population ages and a growing number of seniors are financially able to live in their own home instead of a nursing home or other institutional care facility. Economic trends, such as the rising cost of institutional care, plus a growing receptivity to home health care among physicians and private and public insurers, are also driving the market.

These demographic and attitudinal shifts are being reinforced by technological developments, such as wireless remote monitoring, to meet the demand for treatments stemming from increasing incidences of heart disease and other conditions requiring close patient...