Market Snapshot:
Home Therapeutic Equipments is a device used for evaluation and work hardening as well as regaining specific movement via attachments. Treadmills, exercise bikes, pedal exerciser or elliptical trainer are some of the most common types of physiotherapy equipment used in most of the home. Another type of exercise equipment includes the Upper Body Ergometer (UBE). This are basically the device used for evaluation and work hardening as well as regaining specific movement via attachments.
Highlights from Home Therapeutic Equipments Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.17% |
The key Players profiled in the report are Medtronics (Ireland), Fisher and Paykel Healthcare (New Zealand), BD Medical (United States), Smiths medical (United States), Invacare Corporation (United States), GE Healthcare (United States), Siemens AG (Germany) and Patterson Medical Ltd. (United Kingdom).
Geographic Breakdown and Segment Analysis
The Global Home Therapeutic Equipments market presents a comprehensive analysis of the Home Therapeutic Equipments market by product type (Home Respiratory Therapy Equipment, Home Dialysis Equipment, Home IV Equipment and Other), by end-user/application (For Children and For Adults), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Home Therapeutic Equipments industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Home Therapeutic Equipments market
Analyst at AMA have segmented the market study of Global Home Therapeutic Equipments market by Type, Application and Region.
Influencing Trend:
Adopting new Technologies in Order to Improve Home Therapeutic Equipments
Market Growth Drivers:
Growing Ageing Population Globally, Successive Increase in the Global Popularity of Chronic Diseases and Increasing Unhealthy Lifestyle Habits
Challenges:
Lack of Trained and Skilled Personnel for Therapeutic
Restraints:
Unstable Scenario For Therapeutic, Adverse Effects Associated with Therapeutic Equipment's and High Cost for Therapeutic Equipment’s
Opportunities:
Emerging Markets for Therapeutic Equipment’s and Technological Advances in Therapeutic Equipment’s
Market Developments Activities:
In October 2023, University Hospitals (UH), one of the nation's leading healthcare systems based in Cleveland, Ohio, has joined forces with Luna, the leading provider of in-home, in-person outpatient physical therapy, to expand access to services. By partnering with Luna, we are reducing barriers to access high quality, convenient physical therapy direct to a patient’s home
In November 2023, Gerresheimer launches Open Innovation Program for the development of home therapy solutions. Gerresheimer aims to improve the safety, efficiency and effectiveness of home therapy with its innovative containment and drug delivery systems for the delivery of liquid medications. In addition, the company is also working on the integration of digital technologies and remote monitoring capabilities to provide patients with seamless care and support.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Key Target Audience
Home Therapeutic Equipments manufactures, Home Therapeutic Equipments distributors, Home Therapeutic Equipments retailers, Hospitals and Others