Synopsis
The global market for Home Healthcare Equipment was estimated to be worth US$ 39500 million in 2024 and is forecast to a readjusted size of US$ 63420 million by 2031 with a CAGR of 7.1% during the forecast period 2025-2031.
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.
The Home Healthcare Equipment market is primarily driven by the aging global population and the growing prevalence of chronic diseases such as diabetes, cardiovascular disorders, and respiratory illnesses. Patients increasingly prefer home-based care due to its convenience, cost-effectiveness, and ability to improve quality of life. Additionally, technological advancements in medical devices—such as portable oxygen concentrators, blood pressure monitors, and glucose meters—have made home monitoring more accurate and user-friendly. Rising healthcare costs and hospital overcrowding are also pushing governments and insurers to support home healthcare models, thus boosting demand for reliable home-use equipment.
Despite its potential, the market faces several challenges. One of the main concerns is the lack of proper training for patients and caregivers in operating medical devices, which can lead to misuse or inaccurate readings. Data privacy and security are also growing issues as more devices become connected via the Internet of Things (IoT). Furthermore, reimbursement limitations and varying regulatory standards across countries can restrict market growth. High upfront costs for advanced devices may also deter adoption, especially in lower-income or rural settings where healthcare budgets are limited.
A key trend in the Home Healthcare Equipment market is the integration of smart technologies and telehealth features, enabling remote monitoring and real-time data sharing with healthcare providers. This is enhancing personalized care and early intervention capabilities. Wearable devices, mobile health apps, and AI-powered diagnostics are gaining traction, particularly among tech-savvy patients. Sustainability and compact design are also emerging priorities, as users seek environmentally friendly and space-efficient solutions. As digital health continues to evolve, partnerships between tech companies and healthcare providers are reshaping the future of home-based medical care.
Global Home Healthcare Equipment key players include Medtronic, Sonova, William Demant, WS Audiology, Roche, etc. Global top five manufacturers hold a share about 28%. Americas is the largest market, with a share about 39%, followed by Europe and APAC, both have a share over 56 percent. In terms of product, Rehabilitation Equipment is the largest segment, with a share over 32%. And in terms of application, the largest application is Retail Pharmacies, followed by Hospital Pharmacies, etc.
This report aims to provide a comprehensive presentation of the global market for Home Healthcare Equipment, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Home Healthcare Equipment by region & country, by Type, and by Application.
The Home Healthcare Equipment market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Home Healthcare Equipment.
Market Segmentation
By Company
Medtronic
Sonova
William Demant
WS Audiology
Roche
Lifescan
GN ReSound
Ottobock
Invacare
Omron
Abbott Laboratories
DJO Global
Ascensia
Starkey
Permobil Corp
Ossur
Yuwell
SANNUO
A&D Company
Microlife
Segment by Type
Blood Glucose Monitoring
Blood Pressure Monitors
Hearing Aids
Rehabilitation Equipment
Other
Segment by Application
Hospital Pharmacies
Retail Pharmacies
Online Sales
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Home Healthcare Equipment company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Home Healthcare Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Home Healthcare Equipment in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request