Home Medical Devices Market Scope And Analysis

Report Code : TIPRE00020904
Category : Life Sciences

Status : Published
No. of Pages : 303

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Home Medical Devices Market Scope and Analysis Report by 2028

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Home Medical Devices Market Report Scope

Report Attribute	Details
Market size in 2020	US$ 33.64 Billion
Market Size by 2028	US$ 57.1 Billion
Global CAGR (2020 - 2028)	7.0%
Historical Data	2018-2019
Forecast period	2021-2028
Segments Covered	By Functionality Testing Screening and Monitoring Equipment Therapeutic Products Mobility Care Products Biofeedback Instruments Electrical Stimulation Devices Muscle Stimulators By Services Skilled Nursing Services Rehabilitation Therapy Services Hospice and Palliative Care Services Respiratory Therapy Services Infusion Therapy Services Pregnancy Care Services Unskilled Care Services By Distribution Channel Hospital Pharmacies Retail Pharmacies Online Retailers
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	F Hoffmann la Roche Ltd General Electric Company Abbott Koninklijke Philips N V B Braun Melsungen AG Johnson and Johnson Services Inc Medtronic Medline Industries Inc Baxter International Inc

Distribution Channel-Based Insights

Based on the distribution channel, the global home medical devices market is segmented into hospital pharmacies, retail pharmacies, and online retailers. The hospital pharmacy segment held the largest share of the market in 2020 and is estimated to register the highest CAGR in the market during the forecast period.

Product launches and approvals are the commonly adopted strategies by companies to expand their global footprints and product portfolios in the home medical devices market. Collaboration is one of the major strategies adopted by the home medical devices market players to enlarge customer base worldwide, which, in turn, permits them to maintain their brand name globally.