Global Markets and Technologies for Home Medical Equipment-Focus on BRIC Countries


March 1, 2012
141 Pages - SKU: WA3878141
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Table of Contents Related Reports
Countries covered: China, India, Russia, Global, Brazil

The global market for home medical equipment (HME) reached $17.9 billion in 2010 and $18.9 billion in 2011. It is expected to grow to $26.2 billion by 2016, a compound annual growth rate (CAGR) of 6.7%.

The BRIC countries were the third largest geographical market; with a 14.3% global market share in 2010. The BRIC market for HME was worth almost $2.6 billion in 2010 and more than $2.7 billion in 2011. By 2016, the market is projected to exceed $3.7 billion, a CAGR of 6.6% between 2011 and 2016.

The BRIC market for home assistive devices such as wheelchairs, scooters and home care beds was valued at nearly $1.28 billion in 2010. BCC projects that this market will grow to almost $1.3 billion in 2011 and $1.42 billion by 2016, a CAGR of 1.9% between 2011 and 2016.



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