The global home medical equipment market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2022-2028). The increasing demand for wearable healthcare devices, such as smart watches and monitoring devices, due to rising awareness related to healthcare and the sedentary lifestyle, further contribute to the market growth. People are more concern about their health and fitness due to which wearable healthcare devices are more in demand and manufacturers are also focusing in updating their devices according to customers needs. Additionally, integration of artificial intelligence with the smartphones and wearable medical devices have increased the adoption. For instance, in December 2021, Huawei has expanded its smartwatch lineup with the launch of Huawei Watch D in China.The smartwatch comes equipped with a blood pressure and ECG monitor. The smartwatch has also been registered as a Class II medical device by the Drug Administration in China.
Browse the full report description of “Global Home Medical Equipment Market Size, Share & Trends Analysis Report by Type (Diagnostic and Monitoring Device, Therapeutic Devices, and Mobility Care Devices) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/home-medical-equipment-market-size
DexCom to launch new glucose monitoring system in May 2022. Dexcom ONE system is a real-time CGM (rt-CGM) that will be more affordable and accessible for people with diabetes in the UK. Dexcom ONE is currently in review to be added to drug tariffs across the UK regions. Dexcom ONE, a wearable sensor and transmitter, puts people firmly in control of their diabetes. By continuously monitoring glucose levels and sending real-time values wirelessly to a compatible smart device via the Dexcom ONE mobile app, the technology eliminates the need for painful finger pricks.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape-Abbott Laboratories Inc., Becton, Dickinson and Co., F. Hoffmann-La Roche Ltd, General Electric Co., Bayer AG, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Home Medical Equipment Market Report Segment
By Type
• Diagnostic and Monitoring Device
• Therapeutic Devices
• Mobility Care Devices
Global Home Medical Equipment Market Report Segment by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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