Dublin, Sept. 15, 2022 (GLOBE NEWSWIRE) -- The "Home Medical Equipment: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.
Home medical equipment (HME) is a multibillion-dollar industry.
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.
The markets for monitors and sensors and telemetry devices account for the largest share of the market, mainly due to the high demand for home blood glucose testers. Among the various diseases managed or treated with HME, diabetes accounted for the largest share of the global HME market in 2021.
Since 2016, 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. The increasing prevalence of respiratory diseases, diabetes, sleep disorders, hypertension and a rapidly expanding senior population are pushing the growth of the global home medical equipment market. Also, pandemics like the 2019 novel coronavirus (COVID-19) drive the global demand for home medical equipment.
Chapter 2 Summary and Highlights Chapter 3 Market Dynamics and Technology Background
Chapter 4 Global Home Medical Equipment Market
Chapter 5 the North American HME Market
Chapter 8 Rest of the World HME Market
For more information about this report visit https://www.researchandmarkets.com/r/4oe8ff
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