Home Medical Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Home Medical Equipment Market Report is Segmented by Equipment Type (Therapeutic Equipment, Patient Monitoring Equipment, and Mobility Assist and Patient Support Equipment), Distribution Channel (Retail Medical Stores, Online Retailers, and Hospital Pharmacies), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Market Values are Provided (in USD Million) for the Above Segments.

Home Medical Equipment Market Size

Compare market size and growth of Home Medical Equipment Market with other markets in Healthcare Industry

Home Medical Equipment Market Analysis

The Home Medical Equipment Market size is estimated at USD 50.68 billion in 2025, and is expected to reach USD 72.12 billion by 2030, at a CAGR of 7.31% during the forecast period (2025-2030).

The COVID-19 pandemic has positively impacted the home medical equipment market owing to the increased demand for home medical equipment such as life-supporting and life-sustaining devices during the pandemic. However, the disruption of conventional manufacturing, and supply chain during the COVID-19 pandemic led to shortages in various medical supplies and equipment. To overcome the shortages of medical supplies the government framed several measures to closely monitor the reason for the disruption as well as to increase the procurement of several medical equipments. Also, the demand for respiratory devices such as ventilators, oxygen concentrators, and other have increased which urged companies to increase their production as well as launch different products during the pandemic. For instance, in April 2021, Philips Respironics launched a new and improved auto CPAP machine named DreamStation 2 CPAP in the United States. Hence, the COVID-19 pandemic has significantly impacted the market during the initial phases of the pandemic, but with resumed services, the demand for home medical equipment has increased and the market has witnessed significant growth.

Factors such as the increasing prevalence of chronic disorders and the rising geriatric population as well as the growing adoption of self-health management are major factors driving the market growth.

The high burden of chronic diseases is the key factor driving the demand for the home medical equipment market. For instance, according to 2022 statistics published by the International Diabetes Federation, about 537 million people were living with diabetes in 2021, globally, and this number is projected to reach 643 million and 784 million by 2030 and 2045, respectively. The high blood sugar caused by diabetes can damage the nerves that control the heart and blood vessels, leading to a variety of cardiovascular diseases like coronary artery disease and stroke, which can narrow the arteries. This is anticipated to rise the need for monitoring glucose levels, blood pressure, and other activities, hence bolstering the demand for medical equipment such as monitoring devices that can provide data to physicians to help them more effectively evaluate patient conditions and react quickly to any abnormalities. Also, as per the German Heart Surgery 2021 report, about 92,838 heart surgeries were performed in Germany, including 36,714 isolated heart valve procedures, 27,947 isolated coronary artery bypass grafting procedures, and 329 isolated heart transplantations in 2021. Thus, the high number of patients with cardiac surgeries requires regular and ongoing monitoring, which increases the demand for patient monitoring equipment, thereby propelling the market growth.

Additionally, the utilization and adoption of self-health management has increased owing to the large proportion of the population suffering from chronic conditions, worldwide, and struggles to manage the symptoms on their own. This has further increased the focus of organizations and companies to launch self-health management programs and applications, respectively. For instance, in March 2022, MFine launched a new feature of heart rate monitoring on its phone-based application called MFine-Pulse and this function uses a camera and flash of the smartphone to detect blood volume changes. Also, in March 2022, Alinche Lifesciences launched a healthcare application for chronic kidney disease (CKD) patients that offers a wide range of information like kidney health, exercises, and daily health routine, in India.

Furthermore, the increasing company activities in adopting various key strategies such as collaborations, partnerships, and new product launches are also expected to increase the availability of novel equipment in the market. For instance, in October 2022, DexCom, Inc launched Dexcom G7 Continuous Glucose Monitoring (CGM) System, for people with diabetes aged two years and older in Germany. Also, in July 2022, OMRON Healthcare launched a portable oxygen concentrator to help home care workers manage the therapy and daily needs of patients with COPD and respiratory diseases.

Therefore, owing to the aforementioned factors, such as the high burden of chronic diseases among the population and the increasing adoption of self-health management, the studied market is expected to grow over the forecast period. However, the high cost associated with home medical equipment and stringent regulations is likely to hinder the growth of the home medical equipment market over the forecast period.

Home Medical Equipment Industry Overview

The home medical equipment market is fragmented owing to the presence of a large number of key players. The companies are adopting various key business strategies such as collaborations, partnerships, agreements, and new product launches to withhold their position in the market. Some of the key companies in the market are Rotech Healthcare Inc., Medline Industries, Inc., Omron Healthcare, Inc., Resmed Corporation, ARKRAY, Inc., and Rotech Healthcare Inc. among others.

Home Medical Equipment Market Leaders

  1. Rotech Healthcare Inc.

  2. ARKRAY, INC.

  3. ResMed

  4. Medline Industries, Inc.

  5. Omron Healthcare, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
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Home Medical Equipment Market News

  • In December 2022, Mindray launched a new wearable monitoring solution, 'mWear System' to continually monitor patient conditions and provide patient-centric care. The system combines complete wireless interconnection with streamlined workflows, accurate multi-parameter monitoring, and seamless integration for home-hospital settings.
  • In July 2022, B. Braun Medical Inc. launched a new Introcan Safety 2 IV Catheter, with one-time blood control for making IV access safer for the clinician by reducing the risk of needlestick injuries and their exposure to blood.

Home Medical Equipment Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Prevalence of Chronic Disorders
    • 4.2.2 Growing Geriatric Population
    • 4.2.3 Rising Adoption of Self-Health Management
  • 4.3 Market Restraints
    • 4.3.1 High Cost Associated with Home Medical Equipment
    • 4.3.2 Stringent Regulations
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - in USD Millions)

  • 5.1 By Equipment Type
    • 5.1.1 Therapeutic Equipment
    • 5.1.1.1 Respiratory Therapy Equipment
    • 5.1.1.2 Dialysis Equipment
    • 5.1.1.3 Intravenous Equipment
    • 5.1.1.4 Other Therapeutic Equipment
    • 5.1.2 Patient Monitoring Equipment
    • 5.1.2.1 Conventional Monitors
    • 5.1.2.2 Telemedicne Patient Monitoring Equipment
    • 5.1.3 Mobility Assist and Patient Support Equipment
    • 5.1.3.1 Mobility Assist Equipment
    • 5.1.3.2 Medical Furniture
    • 5.1.3.3 Bathroom Safety Equipment
  • 5.2 By Distribution Channel
    • 5.2.1 Retail Medical Stores
    • 5.2.2 Online Retailers
    • 5.2.3 Hospital Pharmacies
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Italy
    • 5.3.2.5 Spain
    • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 South Korea
    • 5.3.3.6 Rest of Asia-Pacific
    • 5.3.4 Middle East and Africa
    • 5.3.4.1 GCC
    • 5.3.4.2 South Africa
    • 5.3.4.3 Rest of Middle East and Africa
    • 5.3.5 South America
    • 5.3.5.1 Brazil
    • 5.3.5.2 Argentina
    • 5.3.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Abbott Laboratories
    • 6.1.2 Medline Industries, Inc.
    • 6.1.3 GE Healthcare
    • 6.1.4 Medtronic PLC
    • 6.1.5 ARKRAY, Inc.
    • 6.1.6 Invacare Corporation
    • 6.1.7 Omron Healthcare, Inc.
    • 6.1.8 Resmed Corporation
    • 6.1.9 Smiths Group plc
    • 6.1.10 Rotech Healthcare Inc.
    • 6.1.11 Home Medical Products Inc.
    • 6.1.12 Beckton, Dickinson and Company
    • 6.1.13 Stryker Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments
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Home Medical Equipment Industry Segmentation

As per the scope of the report, home medical equipment can be referred to as the devices that are used to perform patient care at home or other private facilities managed by a nonprofessional caregiver or a family member. The equipment is used for a wide range of applications such as cardiology and urology and other applications. The Home Medical Equipment Market is Segmented by Equipment Type (Therapeutic Equipment, Patient Monitoring Equipment, and Mobility Assist and Patient Support Equipment), Distribution Channel (Retail Medical Stores, Online Retailers, and Hospital Pharmacies), and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.

By Equipment Type Therapeutic Equipment Respiratory Therapy Equipment
Dialysis Equipment
Intravenous Equipment
Other Therapeutic Equipment
Patient Monitoring Equipment Conventional Monitors
Telemedicne Patient Monitoring Equipment
Mobility Assist and Patient Support Equipment Mobility Assist Equipment
Medical Furniture
Bathroom Safety Equipment
By Distribution Channel Retail Medical Stores
Online Retailers
Hospital Pharmacies
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
By Equipment Type
Therapeutic Equipment Respiratory Therapy Equipment
Dialysis Equipment
Intravenous Equipment
Other Therapeutic Equipment
Patient Monitoring Equipment Conventional Monitors
Telemedicne Patient Monitoring Equipment
Mobility Assist and Patient Support Equipment Mobility Assist Equipment
Medical Furniture
Bathroom Safety Equipment
By Distribution Channel
Retail Medical Stores
Online Retailers
Hospital Pharmacies
Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Home Medical Equipment Market Research FAQs

How big is the Home Medical Equipment Market?

The Home Medical Equipment Market size is expected to reach USD 50.68 billion in 2025 and grow at a CAGR of 7.31% to reach USD 72.12 billion by 2030.

What is the current Home Medical Equipment Market size?

In 2025, the Home Medical Equipment Market size is expected to reach USD 50.68 billion.

Who are the key players in Home Medical Equipment Market?

Rotech Healthcare Inc., ARKRAY, INC., ResMed, Medline Industries, Inc. and Omron Healthcare, Inc. are the major companies operating in the Home Medical Equipment Market.

Which is the fastest growing region in Home Medical Equipment Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Home Medical Equipment Market?

In 2025, the North America accounts for the largest market share in Home Medical Equipment Market.

What years does this Home Medical Equipment Market cover, and what was the market size in 2024?

In 2024, the Home Medical Equipment Market size was estimated at USD 46.98 billion. The report covers the Home Medical Equipment Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Home Medical Equipment Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Home Medical Equipment Industry Report

The Home Medical Equipment Market Report provides a comprehensive industry analysis, detailing the market size, market growth, and market share across various segments. The industry outlook highlights the growth rate and market forecast, offering insights into the future trends and market predictions. This report includes market segmentation by equipment type, distribution channel, and geography, providing a detailed market overview and market review.

The industry research covers therapeutic equipment, patient monitoring equipment, and mobility assist and patient support equipment. The market data is segmented by retail medical stores, online retailers, and hospital pharmacies, with a focus on the market value in different regions including North America, Europe, Asia-Pacific, Middle East and Africa, and South America.

Industry reports and industry information are essential for understanding the market leaders and the competitive landscape. The report example and report pdf offer a detailed analysis and industry statistics, making it a valuable resource for research companies and stakeholders. The industry trends and industry sales data provide insights into the current market dynamics and future market outlook.

For a comprehensive understanding of the home medical equipment market, this report includes detailed industry analysis, market forecast, and market predictions. The industry size and industry trends are crucial for market leaders and stakeholders to make informed decisions. The report also provides a market overview, highlighting the key market data and industry statistics. The market review and market segmentation offer a thorough understanding of the market value and growth rate across different regions and segments.

Home Medical Equipment Market Report Snapshots