US demand for home medical equipment will increase 8.2 percent annually to $12.6 billion in 2018, driven by technological advances and cost containment efforts. Remote monitoring and real-time systems based on telemedicine technology will be the fastest growing type. Home therapeutic equipment will remain the largest segment, with growth led by dialysis machinery.This study analyzes the $8.5 billion US home medical equipment industry. It presents historical demand data for 2003, 2008 and 2013, with forecasts for 2018 and 2023 by product (e.g., home respiratory therapy equipment, home dialysis equipment, home IV equipment, conventional patient monitors, telemedicine patient monitoring systems, mobility assist equipment, medical furniture, bathroom safety equipment).The study also considers market environment factors, details industry structure, evaluates company market share and profiles 30 industry players, including Baxter International, Philips Healthcare and ResMed.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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