Growing geriatric population across the region drives the growth of the United Kingdom homecare medical equipment in the upcoming five years.
According to TechSci Report on, “United Kingdom Homecare Medical Equipment Market – By Region, Competition Forecast & Opportunities, 2027” United Kingdom homecare medical equipment is anticipated to witness significant growth in the CAGR during the forecast period of 2023-2027, due to the growing prevalence of chronic ailments such as diabetes, sugar, thyroid, asthma, and several other cardiovascular diseases. Moreover, with a lack of physical activities, sedentary lifestyle, and unhealthy eating practices individuals are increasingly getting diagnosed with several disorders and ailments. As a result, there is a growing consciousness among the consumers about their health, and they prefer to continuously check and monitor their health condition in order to prevent the ailment before it turns out to be severe. This, in turn, is boosting the product demand in the United Kingdom homecare medical equipment market. Apart from this, the homecare medical equipment related to oxygen is gaining wide traction due to the considerable increase in the cases of chronic obstructive pulmonary disease (COPD) such as Asthma, Bronchitis, and Emphysema across the world. Individuals with such disorders do not necessarily require frequent hospital visits for check-ups as they can be done at home. In order to monitor and treat their symptoms and diseases at their convenient place, patients are likely to require monitoring and treatment devices. For instance, nebulizers are utilized to administer asthma respules into the lungs, and glucometers, are utilized at home to check the amount of glucose present in diabetics’ blood. Therefore, the rising cases of diabetes and asthma are expected to bolster the United Kingdom homecare medical equipment market in the coming years. Furthermore, the introduction of technologically advanced medical devices such as needle-free diabetic devices, miniature, and portable medical equipment, and minimally invasive or non-invasive medical devices are expected to provide a positive outlook to the market over the projected period.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on “UNITED KINGDOM HOMECARE MEDICAL EQUIPMENT MARKET“
The United Kingdom homecare medical equipment is segmented by type, by distribution channel, by company, distribution channel, competitional landscape, and regional distribution. Based on type, the market is further segmented into therapeutic equipment, patient monitoring equipment, mobility aids & patient support equipment, and others. Among these, patient monitoring equipment is expected to register the largest share in the market over the coming years due to the growing demand for home-based care of the patient and the rising trend of self-diagnosing. Rising concerns among the patients about their health have led them to increasingly adopt self-diagnosing and treatment devices in order to prevent their health condition from becoming severe. Increasing cases of obesity, due to sedentary lifestyle, junk food eating, and the growing working population is creating higher risks of blood sugar level increase, which the patient continuously wants to monitor with the help of a glucometer. As a result, the demand for portable home-based devices is increasing significantly. This, in turn, is expected to accelerate the patient monitoring equipment segment over the forecasted period. By distribution channel, the United Kingdom homecare medical device 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.
A partial list of major market players of United Kingdom homecare medical equipment includes:
- 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
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“Increasing investments and introduction of favourable government initiatives and schemes to make medical device accessible would provide a positive outlook to the United Kingdom homecare medical equipment market. Moreover, the COVID-19 conditions have further added to the demand for homecare medical equipment as people, especially children and geriatric population in the region were advised for homecare medical services. New market players are advised to emphasise on developing cost-effective and portable medical devices to lead the market and highlight their brand,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United Kingdom Homecare Medical Equipment By Type (Therapeutic Equipment, Patient Monitoring Equipment, Mobility Aids & Patient Support Equipment, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others), By Region, By Company, Competition Forecast & Opportunities, 2027” has evaluated the future growth potential of United Kingdom sportswear market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United Kingdom sportswear market.
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