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Market Research Forecasts Home Medical Equipment (HME) Market at $26.2 Billion by 2016(May 01, 2012)
ROCKVILLE, MD -- (Marketwire) -- 05/01/12 -- MarketResearch.com has announced the addition of the new report "Global Markets and Technologies for Home Medical Equipment," to their collection of Biotechnology market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Global-Technologies-Home-Medical-Equipment-6905144/
The global market for home medical equipment (HME) was worth $17.9 billion in 2010, nearly $19 billion in 2011, and is expected to reach $26.2 billion by 2016, a CAGR of 6.7%.
The therapeutic device segment was worth $8.8 billion in 2011. This is expected to grow to $12.8 billion in 2016, demonstrating a CAGR of 7.7% between 2011 and 2016.
The market segment for assistive devices was valued at $5.4 billion in 2011, and this revenue is expected to grow at a CAGR of 1.7%, reaching $5.9 billion in 2016.
For more information, visit http://www.marketresearch.com/BCC-Research-v374/Global-Technologies-Home-Medical-Equipment-6905144/
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