Top 10 Home Healthcare Devices redefining wellness

08 Sep, 2023 | Blogs

Home Healthcare Devices Market –

Home healthcare devices are medical tools or equipment intended for patients, family members, or carers in the home to help manage medical conditions or support everyday activities. Here are a few instances of typical home medical equipment:

  • Blood Pressure Monitor: A blood pressure monitor is a tool for measuring blood pressure at home. It helps keep an eye on hypertension and make sure blood pressure is properly controlled.
  • Glucometer: A tool used by people with diabetes to track their blood sugar levels. They may monitor their blood sugar levels and change their diet and medication as necessary.
  • Nebulizer: A machine that produces a mist of medicine that may be breathed directly into the lungs. People with respiratory diseases like asthma or COPD often utilize it.
  • Oxygen Concentrator: An oxygen concentrator is a device that concentrates oxygen from the air and distributes it to the patient via a mask or nasal cannula. People with respiratory problems that need more oxygen are treated with it.
  • Home Dialysis Machine: A home dialysis machine is a system that allows kidney failure sufferers to do dialysis at home. It may be more cost- and time-efficient than frequenting a dialysis facility.
  • Mobility Aids: Mobility aids, such as a wheelchair or scooter, enable persons with mobility problems to move about their homes and neighborhoods independently.
  • Hearing Aids: Devices that increase sound for those who have hearing loss are called hearing aids.
  • Shower Chair or Bath Bench: A shower chair or bath bench is a gadget that enables persons with mobility difficulties to shower or wash while seated safely.
  • An adjustable hospital bed makes it simpler for caregivers to help patients who have movement problems or other medical ailments.
  • People with mobility impairments may rise from a sitting position more easily with the help of lift chairs, which raise the person to a standing posture.

Market Stimulants-

Several reasons, including rising awareness and affordability, have contributed to the market's expansion in recent years for home healthcare equipment. This paper will analyze many driving factors in the home healthcare devices industry.

One of the main drivers of the home healthcare equipment industry is the growing elderly population. There is a growing need for aids that can support the elderly with activities of daily living and the management of chronic illnesses like diabetes and cardiovascular disease as the population ages. There will likely be a continuing increase in the market for home healthcare equipment as a growing number of seniors want to remain in their own homes as they age.

Technological advancements have also boosted the market for home healthcare equipment. Patients can now more easily keep tabs on their health and take charge of their diseases without leaving the comfort of their homes, thanks to the proliferation of new home healthcare gadgets that are user-friendly and packed with capabilities like wireless connection and smartphone applications. As a result, more people can benefit from home healthcare gadgets, which has boosted their popularity.

The increasing need to keep healthcare costs down fuels the demand for medical equipment that may be used at home. As healthcare expenses continue to increase, many in the industry are searching for new methods to do both. With the right home healthcare gadgets, people can keep tabs on their health without making as many trips to the doctor or the hospital.

Finally, the market for home healthcare products has been significantly affected by the COVID-19 epidemic. There has been an increase in the demand for home healthcare gadgets that may be used to monitor and manage ailments remotely because people avoid in-person visits to healthcare professionals owing to the fear of exposure to the virus. Telemedicine and other forms of remote healthcare delivery have become more popular as a result, and this trend is predicted to continue long after the epidemic has finished.

In conclusion, several reasons, such as the aging population, technological improvements, the need to manage healthcare costs, and the COVID-19 pandemic, drive growth in the home healthcare equipment market. The need for innovative new products to aid in managing chronic illnesses and improving outcomes is driving the expansion of the home healthcare devices market, which is expected to continue growing as long as these trends persist.

Top market players-

Philips Healthcare-
philips healthcare

Philips Healthcare, headquartered in the Netherlands, is a global leader in manufacturing healthcare IT and medical equipment. Blood pressure monitors, pulse oximeters, and nebulizers are some of the home healthcare gadgets the firm manufactures. Philips has a long history of being an industry frontrunner in creating cutting-edge home healthcare technology.

Almost Family Inc-

Almost family Inc

The United States is home to Almost Family Inc., a provider of home healthcare services that include the distribution of medical equipment. As well as mobility assistance and bath safety goods, the firm provides a variety of gadgets that may help patients manage chronic ailments, including diabetes and heart disease.

Kindred Healthcare-

Kindred Healthcare

Located in the United States, Kindred Healthcare offers a wide variety of in-home medical care options, including the distribution of medical equipment. The organization has over 1,700 sites throughout the United States and is well-known for its dedication to providing excellent treatment with a focus on the individual.

Kindred Healthcare provides a selection of home healthcare equipment to aid patients in managing their chronic diseases and enhancing their quality of life. Blood glucose monitors, nebulizers, and respiratory equipment, along with mobility aids like wheelchairs and walkers, fall under this category.

Kindred Healthcare provides a wide variety of home healthcare services, including skilled nursing, physical therapy, and occupational therapy, in addition to home healthcare gadgets. The organization's mission is to assist patients to improve their health and prevent avoidable hospitalizations by providing them with high-quality, coordinated treatment in the comfort of their homes.

Linde Group-

Linde Group

Linde Group, a German multinational corporation, provides industrial gases and medical services. Oxygen treatment equipment and respiratory goods are only two examples of the many home healthcare gadgets and services the firm provides.

A&D-

A&D

Japanese firm A&D designs and produces a wide range of healthcare products for use in the home. Thermometers, scales, and blood pressure monitors are only some of the firm's products. Products of A&D are commonly praised for their precision, dependability, and user-friendliness.

Amedisys-

Amedisys

Amedisys is a healthcare provider established in the United States that offers hospice care, in-home care, and other related services. Clinical services, such as skilled nursing and physical therapy, are available via this organization. They also provide several home healthcare gadgets, such as glucose monitors, nebulizers, and mobility aids.

Fresenius-

Fresenius

German medical technology and services provider Fresenius offers in-hospital dialysis, medical supplies, and home healthcare. The firm has become an industry leader in home healthcare equipment by providing various options for patients to better cope with their chronic ailments and lead more fulfilling lives.

Blood glucose monitors, nebulizers, and respiratory equipment are just some of the home healthcare gadgets that Fresenius sells. Patients with renal illness may get dialysis treatment without leaving the comfort of their homes thanks to the home dialysis equipment provided by the firm.

LHC Group-

LHC Group

The LHC Group is a US-based healthcare services provider that offers oxygen treatment equipment, mobility aids, and other home medical equipment, among its many other services. The firm also provides clinical services, including skilled nursing, physical therapy, and hospice care.

Omron-

Omron

Omron is a Japanese medical equipment manufacturer that focuses on producing products for use in the home, such as blood pressure monitors, nebulizers, and thermometers. This firm's products have earned a reputation for precision, usability, and dependability.

Recent news- "Shaping the Future 2030" (hereafter referred to as SF2030) is OMRON Group's new long-term vision, first revealed in March 2022. OMRON Healthcare Co., Ltd. (hereafter referred to as the Company), headquartered in Muko City, Kyoto Prefecture, has established a long-term vision, "Going for ZERO, Preventive Care for the Health of Society," and pledges to create novel devices and services to meet the needs of consumers, medical professionals, and society at large.

McKesson-

McKesson

McKesson, headquartered in the United States, offers various medical supplies and services, including those for use in the comfort of one's home. The firm is well-established in the home healthcare sector and is among the world's top healthcare goods and services distributors.

McKesson provides a variety of medical devices and supplies for use in the home, including oxygen therapy equipment, mobility aids, and wound care and incontinence items. Medication management and remote patient monitoring are just two of this organization's many at-home services.

McKesson provides various pharmaceutical distribution, medical supplies, health information technology services, and home healthcare equipment. Healthcare practitioners and their patients may benefit from the Company's extensive selection of goods and services.

McKesson is also dedicated to doing the right thing for the environment and the community by working to lessen its carbon footprint and increasing opportunities for underrepresented groups. The firm is a frontrunner in the home healthcare equipment and service market in the United States and internationally because of its stellar reputation, dedication to quality, and comprehensive offering.


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ABOUT THE AUTHOR(S)

Husain Imran
Husain is a Director in Straits Research. He has been helping Enterprise Tech companies with GTM strategies and audience building for more than a decade. Being an active leader in the domain registry and web hosting space, he leverages his wide reach and network in helping companies to navigate through digital challenges and mitigate cyber risks through consulting.
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