Global Home Health Care Equipment Market Forecasts, 2019-2025 - United States Market Will Maintain a 7.1% Growth Momentum - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 28, 2019--
The “Home Health Care Equipment - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.
The Home Health Care Equipment market worldwide is projected to grow by US$191.1 Billion, driven by a compounded growth of 8.4%.
Product, one of the segments analyzed and sized in this study, displays the potential to grow at over 8.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$319.9 Billion by the year 2025, Product will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 7.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$6.6 Billion to the region’s size and clout in the next 5 to 6 years. Over US$5.7 Billion worth of projected demand in the region will come from the rest of the European markets.
In Japan, Product will reach a market size of US$16.7 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 12.4% over the next couple of years and add approximately US$53.7 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- A&D Company Ltd.
- Abbott Laboratories
- F. Hoffmann-La Roche AG
- Fresenius SE & Co. KGaA
- General Electric Company
- Linde Healthcare
- Omron Corporation
- Philips Healthcare
- Portea Medical Pvt. Ltd.
- Teijin Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/3dopui
View source version on businesswire.com:https://www.businesswire.com/news/home/20191128005326/en/
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KEYWORD: UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: MANAGED CARE GENERAL HEALTH HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 11/28/2019 06:12 AM/DISC: 11/28/2019 06:12 AM