United Kingdom homecare medical
equipment market is expected to witness promising growth during the forecast
period, 2023-2027. The market growth can be attributed to the recurring cases
of several lifestyle and chronic diseases such as diabetes, and various other
cardiovascular and respiratory disorders. For instance, glucose meters are
gaining traction as they assist in assessing glucose levels in the blood for monitoring
diabetes. Moreover, the growing geriatric population in the United Kingdom is
adding to the increased demand for homecare medical equipment. The geriatric
population depends on wheelchairs, accessibility beds, and walkers for
mobility, as a result, demand for such products is rising in the region.
Besides, growing awareness related to early diagnosis of diseases is further
augmenting the demand for home-based medical equipment through 2027.
Homecare medical equipment refers to a
device that is intended to be utilized by an individual in any environment
other than a professional healthcare facility. The medical equipment provides
support and care for both acute and chronic medical ailments . It also extends
support for disease prevention and several lifestyle choices. The homecare
medical equipment mainly includes oxygen treatment devices, glucose meters, wheelchairs,
accessibility beds, infusion pumps, apnea monitors, and cannula.
Technological Advancements Facilitate the
Market Growth
The rapid development in science and
technology is providing a thrust to the United Kingdom homecare healthcare
equipment market. The ongoing trend of miniaturization of technology and
growing demand for cost-effective devices have led to robust growth in the
demand for homecare-based medical devices that are technologically advanced and
portable as well. Moreover, the introduction of new technologies such as
needle-free diabetic devices, minimally or non-invasive diagnosing equipment,
and medication administration equipment is providing a boost to the market. In
addition to this, the fully integrated medical devices have empowered patients
by making them self-reliant and not dependent on healthcare professionals,
enhanced the quality of care, and made diagnosing easy and accessible in the
United Kingdom healthcare market.
Increasing investments by the government
boost the market growth
The healthcare industry in the United
Kingdom is expanding rapidly owing to the increasing investments by the
government and several leading market players. For instance, the UK government
has embarked digital transformation in terms of healthcare by launching a
national health service (NHS) app to facilitate a health and social care system
that is much more effective, easily accessible, and fast to use. It will
deliver more personalized care. In addition to this, the government is
providing support to local manufacturers by extending financial aid and other
resources to let the local manufacturers collaborate with global key leaders
and manufacture cost-effective medical devices locally. This is expected to
propel the United Kingdom healthcare market in the coming years.
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Market Segmentation
The United Kingdom homecare medical
equipment market is segmented by type, by distribution channel, by company,
competitional landscape, and regional distribution. Based on type, the market
is differentiated between therapeutic equipment, patient monitoring equipment,
mobility aids & patient support equipment, and others. By distribution
channel, the market is bifurcated into hospital pharmacies, retail pharmacies,
online pharmacies, and others. The market analysis also studies the regional
segmentation to devise regional market segmentation, divided among London, East
Anglia, Southwest, Southeast, Scotland, East Midlands, and Yorkshire &
Humberside.
Company Profile
Philips Medical Systems UK Limited, GE
Healthcare UK Limited Siemens Healthcare Limited, Medtronic United Kingdom,
Mindray UK Limited, Hitachi Medical Systems UK Limited, Stryker (UK) Limited,
Smith & Nephew Plc., Convatec Group plc, B.Braun Medical Limited, among
others are the market players operating in the United Kingdom homecare medical equipment
market.
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Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historical
Data
|
2017 –
2020
|
|
Estimated Year
|
2022
|
|
Forecast
Period
|
2023
– 2027
|
|
Quantitative Units
|
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
|
|
Report
coverage
|
Revenue
forecast, value forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments covered
|
·
·
Type,
·
Distribution channel,
·
Company,
·
Region
|
|
Regional
scope
|
London, East Anglia, Southwest, Southeast, Scotland, East
Midlands, and Yorkshire & Humberside
|
|
Key companies profiled
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Philips Medical Systems UK Limited, GE Healthcare UK Limited
Siemens Healthcare Limited, Medtronic United Kingdom, Mindray UK Limited,
Hitachi Medical Systems UK Limited, Stryker (UK) Limited, Smith & Nephew
Plc., Convatec Group plc, B.Braun Medical Limited
|
|
Customization
scope
|
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, United Kingdom homecare
medical equipment market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- United Kingdom Homecare Medical
Equipment Market, By Type:
- Therapeutic Equipment
- Patient Monitoring Equipment
- Mobility Aids
- Patient Support Equipment
- United Kingdom Homecare Medical
Equipment Market, By Distribution Channel:
- Hospital
Pharmacies
- Retail
Pharmacies
- Online
Pharmacies
- Others
- United Kingdom Homecare Medical
Equipment Market, By Region:
o
London
o
East
Anglia
o
Southwest
o
Southeast
o
Scotland
o
East
Midlands
o
Yorkshire
& Humberside
Competitive Landscape:
Company
Profiles: Detailed analysis of the major companies present in United
Kingdom homecare medical equipment market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information:
- Detailed analysis and profiling of
additional market players (up to five).
United Kingdom Homecare Medical Equipment Market is an upcoming report
to be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]