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MembershipGlobal Home Healthcare Equipment Market Share and Growth 2019
Published Date: 2019-02-03 | Pages: 101 | Tables: 114 | Report Id: 964868 | Hits: 296 | Medical Devices & Consumables
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Home Healthcare equipment is a category of devices used for patients whose care is being managed from a home or other private facility managed by a nonprofessional caregiver or family member. It is often referred to as "durable" medical equipment (DME) as it is intended to withstand repeated use by non-professionals or the patient, and is appropriate for use in the home.
North America is the largest supplier of Home Healthcare Equipment, with production revenue market share about 29%, and the sales market share is 26% in 2015. That is to say, there are few exports in North America, while Europe is the largest consumption region.
Europe, following North America, takes production revenue market share of 25% and the sales market share over 27%. Japan is an important market of Home Healthcare Equipment in Asia, accounting for 14% production revenue market share and 13% sales revenue market share of global market.
Rehabilitation equipment, Blood Pressure Monitor and Blood Glucose Monitor are the main Home Healthcare Equipment.
The global Home Healthcare Equipment market is valued at 16100 million US$ in 2018 is expected to reach 24000 million US$ by the end of 2025, growing at a CAGR of 5.1% during 2019-2025.
This report focuses on Home Healthcare Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall Home Healthcare Equipment market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Lifescan
Medtronic
A&D Company, Limited
Abbott Laboratories
Omron Corporation
Roche
Panasonic
Yuwell
SANNUO
OSIM
Siemens
Insulet
Animas
Microlife
Phonak
William Demant
Invacare
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Blood Glucose Monitor
Blood Pressure Monitor
Rehabilitation equipment
Others
Segment by Application
Diagnostics and Monitoring
Therapeutics
Care and Rehabilitation
Others
Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from QYResearch and presented in this report.
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
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