The Home-Healthcare Marketplace
January 1, 2005
Originally Published MX January/February 2005
MARKET ANALYSIS
The rapidly growing home-healthcare segment represents win-win potential for both consumers and manufacturers.
Alpesh Gandhi
One of the fastest growing—and most opportunity filled—sectors of the healthcare marketplace is that devoted to home healthcare. As a product-generating sector of the medical device industry, the key segments of the home-healthcare market are those for respiratory devices, infusion-therapy devices, and durable medical equipment (DME). But the range of devices now being developed for home use is extremely diverse, including such varied products as infusion pumps and syringes, rehabilitation equipment and bedside monitors, beds and wheelchairs.
Figure 1. Revenue forecast for the home-healthcare segment of the U.S. medical device market, 2002–2008. Source: Frost & Sullivan.(click to enlarge) |
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