Industry Report on Global Markets and Technologies for Home Medical Equipment

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Industry Report on Global Markets and
Technologies for Home Medical Equipment
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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
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INTRODUCTION Home medical equipment (HME) is a
multibillion-dollar industry. Since BCC Research
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 monitoring.
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STUDY BACKGROUND These trends are global, at
least in advanced industrial nations, but most
published analyses of the HME industry focus on
the U.S. market. Since U.S. medical equipment
manufacturers are among the largest suppliers to
the global health care market, they need to
acquire the latest data on international markets
for their products, including HME. STUDY GOALS
AND OBJECTIVES This report is intended to provide
an objective, quantitative analysis that
addresses the global market for HME in the
context of technological change and an evolving
market. Specific objectives -Identify and
segment the main types of commercialized
HME. -Analyze the historical and current value of
shipments of each of these product segments in
specified applications, end-users and
geographical markets.
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-Identify and evaluate the impact of demographic,
technological and regulatory factors that will
drive demand in each of these segments. -Forecast
the value of future shipments by
segment. -Identify promising new technologies and
products still in the RD stage that are likely
to be successfully commercialized within the next
five years. -Identify leading HME
vendors. INTENDED AUDIENCE The report has been
written for the entire medical and health care
community, but has been especially tailored for
readers with an interest in the marketing and
management dimensions of home medical
equipment Manufacturers and distributors of
HME. Regulators and health insurers. Investors. Th
e financial and analyst communities.
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SCOPE AND FORMAT This report is an analytical
business tool whose primary purpose is to
describe and analyze the dynamics of the global
market for home medical equipment. HME is defined
as durable equipment, e.g. equipment with an
expected service life of at least three years
that meets the following criteria -Can withstand
repeated use. -Is primarily and customarily used
to serve a medical purpose. -Is generally not
useful to a person in the absence of an illness
or injury. -Is not implanted inside the patients
body. -Is appropriate for use in the home. -Does
not require a trained medical professional to
operate. -Usually requires a doctors
prescription to buy (excluding most canes,
walkers and other elderly and disabled assistive
devices). -Does not generally include drugs and
other consumables.
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While the reports coverage is global, it focuses
on selected international HME markets
including -North America (U.S. and
Canada). -European Union (France, Germany, Italy,
U.K., other European countries). -Japan. -BRIC
nations (Brazil, Russia, India, China). -Rest of
the world. The report includes sections on the
following topics -Major product types and
applications, both commercial and in
development. -Market size and segmentation,
including historical data on sales by product
type and geographical market. -Market drivers and
constraints. -Detailed market projections through
2016. -Patent analysis. -Competitor profiles
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METHODOLOGY AND INFORMATION SOURCES This study
was prepared using both primary and secondary
research methodologies. The findings and
conclusions of this report are based on
information gathered from manufacturers and
distributors of HME, multilateral and government
agencies, caregivers, insurance companies and
other knowledgeable sources. Interview data were
combined with information gathered through an
extensive review of secondary sources such as
trade publications, trade associations, company
literature and online databases to produce the
baseline market estimates contained in this
report.
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The base year for analysis and projection is 2014
with market projections developed for 2015
through 2020. These projections are based on a
consensus among primary research sources as well
as our understanding of key market drivers and
their impact from a historical and analytical
perspective. The analytical methodologies used to
generate the market estimates are described in
detail in the section entitled "Detailed Market
Projections." All dollar projections presented
in this report are in 2014 constant dollars.
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Table of Contents

• Introduction - Complimentary 4 0
• Executive Summary 2 250
• Overview 68 3997
• Global Hme Markets 8 470
• The North American Market 18 1058
• The European Union Market 13 764
• The Japanese Market 6 353
• The Bric Countries Market 9 529
• Rest Of The World Markets 10 588
• Patent Analysis 3 176

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of Contents, please visit Global Markets and
Technologies for Home Medical Equipment Contact
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