The article cited AMA's Global Home Medical Equipment Market Study explored substantial growth with CAGR of 6.77%. According the report, Technological Advancements in the Medical Equipments is one of the primary growth factors for the market. Increased Geriatric Population Worldwide is also expected to contribute significantly to the Home Medical Equipment market. Overall, Diagnostics and Monitoring applications of Home Medical Equipment, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Johnson and Johnson (United States), Medtronic (Ireland), Arkray (Japan), Abbott Laboratories (United States), Omron (Japan), Roche Holding AG (Switzerland), Panasonic (Japan), B Braun (Germany), Baxter (United States) and Becton, Dickinson and Company (United States) may see astonishing sales in this Market and certainly improve revenue growth.

The Distribution Channel, such as Pharmacies, is boosting the Home Medical Equipment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Home Medical Equipment market identified that the demand is rising in many different parts of the world as "Growth in the Healthcare Industry ". Furthermore, some recent industry insights like "In Janauary 2023, Abbott Laboratories announced a strategic partnership with Toshiba Medical Systems Corporation to focus on collaborative efforts in cardiovascular diagnostics. This partnership aimed to leverage each company's strengths in the field" is constantly making the industry dynamic. One of the challenges that industry facing is "Less Knowledge about Medical Equipment Handling"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Home Medical Equipment market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Home Medical Equipment market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Home Medical Equipment market tight?
• Which application/end-user category or Product Type [Home Respiratory Therapy Equipment, Patient Monitoring Equipment, Mobility Assist & Patient Support Equipment and Others] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Home Medical Equipment market and other related sub-markets covered in the study.

o Key & emerging players in the Home Medical Equipment market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Home Medical Equipment market size is calculated using market estimation process, the Home Medical Equipment market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Home Medical Equipment market size has been validated using both top-down and bottom-up approaches.