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Home Medical Equipment Industry Analysis and Global Forecast to 2020: Size, Share, Trends and Segments
[October 29, 2014]

Home Medical Equipment Industry Analysis and Global Forecast to 2020: Size, Share, Trends and Segments


(ReleaseWire Via Acquire Media NewsEdge) Persistence Market Research is released new forthcoming report on title "Home Medical Equipment Industry Analysis and Global Forecast to 2020: Size, Share, Trends and Segments".New York, NY -- (ReleaseWire) -- 10/29/2014 -- Home medical equipment (HME) refers to the medical devices that help to provide safe, convenience, cost effective and familiar environment to the patients. This helps in easy recovery of patients and improves their quality of life. Type of home medical equipment includes therapeutic equipment, patient monitoring equipment, mobility assist equipment and other patient support equipment. Home therapeutic equipment market is increasing at a high growth rate due to increasing incidence of chronic diseases such as respiratory disorder, cancer and kidney failure. Home therapeutic equipment includes products such as home dialysis products, home respiratory therapy equipment, home IV equipment and other home therapeutic equipment. Home medical equipment helps in reducing time spent in hospitals, nursing homes and clinics.



Buy Full Report: http://www.persistencemarketresearch.com/market-research/home-medical-equipment-market.asp North America, followed by Europe, has the largest market for home medical equipment due to technological advancement, high disposable income, better healthcare infrastructure and good reimbursement policies in the region. Asia is expected to experience high growth rates in the next few years due to increasing awareness and shortage of professional medical providers in the region.

Increase in ageing population, cost saving advantages, technological advancement, rise in disposable income of consumers, growing incidence of chronic diseases and rising healthcare expenditure are some of the key factors driving the growth for global home medical equipment market. In addition, increasing awareness about the conveniences and cost effectiveness offered by home medical equipment and shifting of treatment cases from hospitals to home, due to high hospital expenditure are expected to drive the market for home medical equipment. However, safety and effectiveness issue are some of the major factors restraining the growth for global home medical equipment market.


Growing demographics and economies in the developing countries such as India and China are expected to result in growth of home medical equipment market in Asia. In addition, technological advancement and innovation of some new products are expected to offer good opportunities in the global home medical equipment market. Increasing number of mergers and acquisitions and new product launches are some of the latest trends have been observed in global home medical equipment market. Some of the major companies operating in the global home medical equipment market are F. Hoffmann-La Roche Ltd, B. Braun Melsungen AG, GE Healthcare, AstraZeneca, Abbott, Baxter, CareFusion Corporation, ResMed, Hospira, Inc., Stryker, Philips Healthcare., Sunrise Medical (US) LLC and Medline Industry, Inc.

Request Full TOC: http://www.persistencemarketresearch.com/toc/3054 About Persistence Market Research Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.For more information on this press release visit: http://www.releasewire.com/press-releases/home-medical-equipment-industry-analysis-and-global-forecast-to-2020-size-share-trends-and-segments-558121.htmMedia Relations ContactGlen HareMarketing HeadPersistence Market ResearchTelephone: 646-568-7751Email: Click to Email Glen HareWeb: http://www.persistencemarketresearch.com/market-research/home-medical-equipment-market.asp

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