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Published on : Mar 08, 2016

ALBANY, New York, Mar 08, 2016: A new market study on the homecare medical equipment markets in the global arena has been recently added to huge repository ResearchMoz.us.

The research report, titled “Homecare Medical Equipment Markets Share Analysis: Market Shares, Analysis, and Index, Worldwide, 2006 to Current, Quarterly,” presents a comprehensive analysis of the global homecare medical equipment market on the basis of its current as well as the historical performance, highlighting the share of each segment in the overall market. 

This 15-page study presents a comprehensive overview of the worldwide market for homecare medical equipment, considering driving forces, limitations, challenges, opportunities, and the future forecast of this market. The latest as well as the future trends and their impact on the homecare medical equipment markets across the world has been also discussed in this research study.

According to this market study, the rapid increase in the global geriatric population base and the rising number of individuals with disabilities is the key factor behind the substantial growth of the global market for homecare medical equipment. Apart from this, the rising incidence of chronic obstructive pulmonary diseases (COPD) and other respiratory disorders, where immediate assistance is required, is also boosting the demand for homecare equipment significantly.

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On the flip side, the lack of appropriate setups at home that can accommodate these equipment may act as a hindrance for this market in the coming years. However, the rise in the online sales of homecare medical equipment is likely to open new avenues for companies operating in the worldwide homecare medical equipment market, notes the research study.

As per the report, the market for homecare equipment primarily include wheelchairs, oxygen treatment equipment, scooters, lifts, accessibility beds, and toilets.

The wheelchair market has gained significant impetus due to the increasing number of people with disability across the world. However, the lack of proper reimbursement policies for wheelchairs is limiting their demand. On the other hand, the medical scooters market are registering impressive growth owing to the soaring demand from the geriatric population on account of their good outdoor performance.

The wheelchair market has been classified into indoor maneuverability, manual wheelchair, lightweight wheelchair, standard wheelchair, power wheelchair in the research study.

The oxygen treatment equipment segment includes oxygen concentrators and medical oxygen. Stationary oxygen concentrators and portable oxygen concentrators are the two main types of oxygen concentrators available in the global market. Medical supplies toilets, bariatric rehab shower, and commode chairs are the key components of the medical toilets segment, states the report.

Some of the major participants in the homecare medical equipment markets across the world are AirSep, Philips Respironics, Nordic Capital, Drive Medical, Meyra, TiLite, Teijin, Sunrise Medica, Invacare, Chart Industries, Graham Field, O2Concepts Oxlife, Inogen, and Pride, states the market study.

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