Global Homecare Medical Devices Market Overview:
Over the past few years, the demand for homecare medical devices is increasing steadily as it enables people to manage their own health care more conveniently and independently. Home care medical devices are equipment used to diagnose a disease or other conditions to cure, treat, or to prevent disease. It is used by a person who has disabilities, ill, or others. These devices include ventilators, nebulizers, wheelchairs, infusion pumps, and many more home monitoring devices. Home care is a fast grip during the community transmission phase of COVID 19. Astringent regime defined by healthcare experts needs to be followed at home is a booming demand for homecare medical devices.
- The Speedy Growth Of Home Health Care
- A Large Geriatric Population Is Dependent On Assistance For Movement is Key Driving Factor of Growth
- Shifting Trends From Hospitals To Home Care During Covid-19
- Lack of Skilled Professional for Using Homecare Medical Devices
- Increasing Innovation And Use Of New Technologies, Design & Development Of Medical Devices
- Emergence of Technologies In-Home Health Care
- Availability of Cheap products
Some of the key players profiled in the report are Medtronic Plc. (Ireland), Johnson & Johnson (United States), GE Healthcare(United States), Philips Healthcare(United States), Fresenius Medical Care(Germany), Siemens Healthineers (Germany), Becton Dickinson(United States), Cardinal Health (United States), Teijin Limited (Japan) and Abbott Laboratories(United States). Additionally, following companies can also be profiled that are part of our coverage like Sunrise Medical (United States), Respironics, Inc.(United States), Permobil (Sweden) and Pride Mobility (United States). Analyst at AdvanceMarketAnalytics see United States Players to retain maximum share of Global Homecare Medical Devices market by 2025. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Homecare Medical Devices market. Considering Market by Technologies, the sub-segment i.e. Mobility Aids(Wheelchairs, Walkers, Canes, Others) will boost the Homecare Medical Devices market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Homecare Medical Devices market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Homecare Medical Devices market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Homecare Medical Devices Manufacturer, Homecare Medical Devices Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.