#Telehealth Market Forecast

[desaletushki]

Telehealth Market Size, Share, Trends And Forecast 2030

The global telehealth market size is expected to reach USD 787.4 billion by 2028, registering a CAGR of 36.5% over the forecast period, according to a new report by Grand View Research, Inc. The development and evolution of smartphones and the strengthening of internet connectivity have made telehealth and telemedicine more affordable and accessible, and thereby contributed to its growing adoption rate. Advancements in digital infrastructure are allowing users to seamlessly monitor their health & fitness, book appointments, and avail themselves of medical assistance conveniently. For instance, several platforms and applications, such as Doctor on Demand, MDLive, and Lemonaid, are available for booking appointments, monitoring personal health, honoring medical prescriptions, tracking consultations, and storing healthcare information.

Due to the COVID-19 pandemic, providers and patients are readily adopting teleconsultation and telemedicine services. The ongoing pandemic exposed the shortcomings of the existing healthcare systems and burdened global healthcare facilities & resources, thereby driving the demand for telehealth solutions. The government-imposed travel restrictions and lockdowns to curb the transmission rate led to patients shifting from physical visits to teleconsultation & telemedicine. For instance, as a part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, telehealth services received USD 200 million funding to provide connected & continuum healthcare services to patients in remote locations. Healthcare providers and patients are portraying readiness in adopting digital health and virtual care solutions.

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/telehealth-market-report

In addition, healthcare payers, such as insurance companies, are collaborating with key market players to provide free consultation services to their customers. For instance, in Singapore, AIG and Cigna partnered with Doctor Anywhere to provide free consultation services to their customers across Singapore, Thailand, and Vietnam. Advancements in digital infrastructure, a surge in public-private partnerships, a rise in government initiatives, and the growing adoption of digital health technologies are expected to boost the demand for virtual care services and applications. Several key players, such as Siemens Healthineers, GlobalMed, and Doctor Anywhere, witnessed a significant rise in business revenue earnings and growth in active subscribers during the pandemic.

The services segment dominated the global market in 2021 on account of the increased preference for teleconsultation and telemedicine to reduce physical visits and minimize rising healthcare costs. The development of digital infrastructure is also boosting the services segment growth. The web-based delivery mode segment dominated the global market in the past owing to the high usage recorded among patients and healthcare providers. The healthcare providers end-use segment accounted for the largest revenue share in 2021 due to the increased adoption of telemedicine & teleconsultation platforms by providers to reduce the burden on healthcare facilities & resources.

Telehealth Market Report Highlights

The market is anticipated to have significant growth due to the advancements in digital infrastructure across the globe and growing awareness among healthcare providers, payers, and patients

Services dominated the product type segment in 2021 owing to the growing disease burden and constant technological advancements in the virtual care solutions space

The web-based delivery mode segment led the market in 2021 due to the availability of a large number of web-based telehealth solutions that can be easily accessed from remote locations

The providers end-use segment accounted for the dominant share of the global revenue in 2021

The high share was due to the increased convenience offered by telehealth applications in real-time monitoring and seamless access to patient health records

North America led the market in 2021 due to the advancements in digital infrastructure, increased number of smartphone users, excellent internet connectivity, high prevalence of chronic disease, and the presence of several key players in the region

Key Companies & Market Share Insights

The key market players are devising product and business footprint expansions to serve unmet care gaps in the healthcare network. Some of the strategies deployed by these players are technological collaborations, partnerships, product innovations, and mergers & acquisitions.For instance, in July 2020, Teladoc Health Inc. completed the acquisition of InTouch Health and its product portfolio and healthcare network established across home care, in-patient, and outpatient settings. In August 2020, AMD collaborated with iTelemed to enhance its virtual healthcare solutions and serve gaps in care delivery to the Canadian marginalized population during the pandemic. Some of the key players operating in the global telehealth market are: Koninklijke Philips N.V., Siemens Healthineers, Cerner Corp., GE Healthcare, Medtronic PLC, Teladoc Health, American Well, Doctor on Demand, GlobalMed, MDLive

Request Free Sample Report: https://www.grandviewresearch.com/industry-analysis/telehealth-market-report

[market-insider]

Advancements In Digital Infrastructure And Rising Penetration Of Telehealth

The global telehealth market size is expected to reach USD 455.26 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 24.0% over the forecast period. The rising penetration of the internet and the evolution & development of smartphones are factors that contribute to the growth of the industry. Advancements in digital infrastructure allow users to monitor their health and fitness, avail of medical assistance, and book appointments. For instance, several applications and platforms, such as Doctor on Demand, Lemonaid, and MDLive, allow their users to book appointments, monitor personal health, track consultations, and store healthcare information.

Moreover, the COVID-19 pandemic accelerated the adoption of telemedicine and teleconsultation. The pandemic exposed the shortcomings in the healthcare systems while also burdening the healthcare resources and facilities, which accelerated the adoption of the solutions. The government-imposed travel restrictions and lockdowns to curb the spread of the virus, which led to patients and healthcare institutions shifting toward teleconsultations and telemedicine. In addition, insurance companies and healthcare payers are collaborating with key industry players to provide free consultation services to patients. For instance, AIG and Cigna announced a partnership with Doctor Anywhere in Singapore.

Gain deeper insights on the market and receive your free copy with TOC now @: Telehealth Market Report

Under this partnership, the companies will provide free consultation services to patients across Thailand, Singapore, and Vietnam. Moreover, the rising number of public-private partnerships, advancements in digital infrastructure, rise in government initiatives, and growing advancements in digital health technologies are anticipated to boost the demand for virtual care applications and services. Several key players, such as GlobalMed, Siemens Healthineers, and Doctor Anywhere, reported a significant rise in revenues and active users during the pandemic. The services segment held the largest share of the global revenue in 2022 due to the rising preference for telemedicine and teleconsultation to reduce healthcare costs and physical visits to hospitals.

Moreover, the development of digital infrastructure is expected to boost the growth of the services segment. The web-based delivery mode segment dominated the global industry in 2022 on account of the higher adoption of web-based solutions by patients and healthcare institutions. The healthcare providers end-use segment accounted for the highest share of the overall revenue in 2022. The high share of this segment can be attributed to the increased adoption of teleconsultation and telemedicine platforms by providers to reduce the burden on healthcare resources and facilities.

[mordorintelligencemarketresearch]

The Speech Therapy Services Market: Trends, Opportunities, and Growth 

The speech therapy services market is estimated to reach USD 11.90 billion in 2024 and is projected to grow to USD 15.88 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.94% during this forecast period. This growth is driven by increasing awareness of communication disorders and the vital role speech therapists play in improving individuals' quality of life. In this blog, we will explore the current trends, opportunities, and challenges within the speech therapy services industry, providing insights into its future trajectory. 

Market Overview 

The global speech therapy services market is experiencing significant expansion, fueled by an aging population, rising incidences of speech and language disorders, and advancements in therapy technologies. As healthcare systems increasingly prioritize mental health and rehabilitation, the demand for qualified speech therapists continues to rise. 

Key Trends 

Teletherapy Expansion: The COVID-19 pandemic accelerated the adoption of telehealth services, including speech therapy. Patients are now more open to receiving therapy remotely, allowing practitioners to expand their reach and provide services to underserved areas. 

Integration of Technology: Innovative tools and apps are being developed to help in speech therapy, offering interactive and engaging methods for therapists and patients. These technologies include AI-driven speech analysis, gamification, and virtual reality environments that enhance learning experiences. 

Focus on Pediatric Services: A significant portion of the demand for speech therapy services comes from children with developmental disorders. Early intervention programs are being prioritized, which is crucial for effective treatment and long-term outcomes. 

Holistic Approaches: There’s a growing recognition of the need for a holistic approach to speech therapy, integrating physical, occupational, and behavioral therapies. This multidisciplinary approach helps address the comprehensive needs of patients, particularly those with complex conditions. 

Opportunities 

Aging Population: With an increasing elderly population, there is a rising prevalence of conditions that can affect communication, such as stroke and dementia. Speech therapy is essential in rehabilitation, creating a substantial market opportunity. 

Rising Awareness: Public awareness campaigns about the importance of early diagnosis and treatment of speech disorders are gaining traction. Increased awareness can lead to earlier interventions and a greater demand for speech therapy services. 

Insurance Coverage Expansion: As more insurance providers begin to recognize speech therapy as a necessary medical service, accessibility and affordability for patients will improve, driving market growth. 

Challenges 

Regulatory Hurdles: The speech therapy industry is subject to various regulations and licensing requirements that can vary by region. Navigating these can pose challenges for new entrants and existing providers. 

Workforce Shortages: There is a growing demand for speech therapists, but many regions face workforce shortages. This can limit access to care and impact the quality of services provided. 

Market Competition: As the market expands, competition among providers is intensifying. Companies must differentiate themselves through innovative services, customer experience, and effective marketing strategies. 

Future Outlook 

The speech therapy services market is poised for significant growth in the coming years. As technology continues to evolve and the demand for personalized, accessible therapy increases, providers who adapt to these changes will likely thrive. 

Investing in teletherapy capabilities, staying updated with technological advancements, and fostering partnerships with other healthcare providers can enhance service offerings and improve patient outcomes. 

Conclusion 

The speech therapy services market presents a wealth of opportunities driven by societal changes and technological advancements. By addressing current challenges and embracing innovation, stakeholders in the industry can play a crucial role in enhancing the lives of those with communication disorders. As awareness and acceptance continue to grow, the future of speech therapy looks promising, paving the way for better accessibility and effectiveness in care delivery. 

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/speech-therapy-services-market   

[mordormr]

The Hearing Aids Industry: Trends, Challenges, and Future Outlook

The hearing aids industry plays a vital role in improving the quality of life for millions of people with hearing loss. With advancements in technology, hearing aids have evolved from simple devices into sophisticated instruments that enhance auditory experiences. The Hearing Aids Market Size is projected to be valued at USD 9.64 billion in 2024 and is anticipated to grow to USD 12.28 billion by 2029, with a compound annual growth rate (CAGR) of 4.94% over the forecast period (2024-2029).

Key Market Drivers

Increasing Prevalence of Hearing Loss: The World Health Organization estimates that over 1.5 billion people worldwide have some degree of hearing loss. As the global population ages, the incidence of age-related hearing loss is rising, driving demand for hearing aids.

Technological Advancements: Innovations in hearing aid technology, such as Bluetooth connectivity, artificial intelligence, and advanced sound processing algorithms, are making devices more effective and user-friendly. Smart hearing aids can now connect to smartphones, allowing for personalized adjustments and improved user experience.

Growing Awareness of Hearing Health: There is a growing recognition of the importance of hearing health and its impact on overall well-being. Public health initiatives and campaigns are promoting regular hearing checks, leading to earlier diagnosis and treatment of hearing loss.

Telehealth and Remote Fitting Services: The COVID-19 pandemic accelerated the adoption of telehealth services, allowing audiologists to provide remote consultations and fitting services. This convenience is making hearing aids more accessible to those who may have difficulty visiting clinics.

Government Initiatives and Insurance Coverage: Many governments are recognizing the need to support individuals with hearing loss through subsidies, public health programs, and insurance coverage. This financial support can significantly enhance access to hearing aids.

Market Segmentation

The hearing aids market can be segmented based on product type, technology, distribution channel, and region:

By Product Type: Behind-the-ear (BTE), in-the-ear (ITE), receiver-in-canal (RIC), and completely-in-canal (CIC) hearing aids.

By Technology: Analog, digital, and smart hearing aids.

By Distribution Channel: Retail stores, online sales, audiology clinics, and hospitals.

By Region: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Challenges in the Hearing Aids Market

High Cost of Devices: Although prices have decreased in recent years, high-quality hearing aids can still be expensive. This can limit access for individuals, particularly in low-income communities and developing countries.

Stigma Associated with Hearing Loss: Many individuals may hesitate to seek help for hearing loss due to social stigma. This can lead to late diagnosis and treatment, affecting the overall market growth.

Lack of Awareness and Education: In some regions, there is still a lack of awareness about hearing loss and the benefits of hearing aids. Educational efforts are needed to encourage people to seek help and utilize available technologies.

Regulatory Hurdles: The hearing aids industry is subject to strict regulations that can complicate the approval process for new devices. Navigating these regulatory landscapes can be challenging for manufacturers.

Regional Insights

North America: The North American market is the largest for hearing aids, driven by a high prevalence of hearing loss and strong healthcare infrastructure. The U.S. leads in technological advancements and the adoption of digital hearing aids.

Europe: Europe also has a significant market share, with countries like Germany, the UK, and France prioritizing hearing health through government initiatives and increased awareness.

Asia-Pacific: The Asia-Pacific region is experiencing rapid growth due to a large population base and increasing awareness of hearing health. Rising disposable incomes and urbanization are also contributing to market expansion.

Future Outlook

The future of the hearing aids industry looks promising. As technology continues to advance, hearing aids will become even more integrated into everyday life, with features that enhance connectivity and personalization. The market is expected to witness increased competition, with more companies entering the space and developing innovative solutions.

Additionally, the expansion of telehealth services will continue to improve access to hearing aids, making it easier for individuals to receive fitting and adjustment services from the comfort of their homes. As awareness of hearing health grows and government support increases, the hearing aids market is poised for sustained growth in the coming years.

Conclusion

The hearing aids industry is crucial for addressing the growing global challenge of hearing loss. With advancements in technology and a heightened focus on hearing health, the market is set to expand significantly. While challenges such as stigma and cost remain, ongoing efforts in education, awareness, and innovation will drive the future of hearing aids, enhancing the quality of life for millions of individuals worldwide.

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/hearing-aids-market  

[stocksnews00]

The BTCY Stock Forecast's Possible Market Growth Drivers

Developments in medical technology, the growing use of remote patient monitoring, and fresh regulatory approvals may drive a BTCY stock price increase. Other factors include the growing need for creative healthcare solutions and strategic alliances. Additional factors that can strengthen its market position and draw investors include strong financial performance, market expansion, and advancements in telehealth services.

[market-spy]

Telemedicine Market Forecast to Grow at 17.95%  CAGR from 2024 to 2031 | SkyQuest Technology

The global telemedicine market has rapidly evolved in recent years, driven by the increasing need for remote healthcare solutions. Telemedicine, once considered a futuristic concept, has now become a vital part of modern healthcare, with its global market valued at USD 97.48 billion in 2022. It is expected to soar to USD 430.72 billion by 2031, growing at an impressive CAGR of 17.95% between 2024 and 2031.

In this blog, we’ll dive into the reasons behind the explosive growth of telemedicine, its key segments, industry dynamics, and the innovations shaping the future of healthcare.

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Segmental Analysis

Component Product and Services

Modality Asynchronous and Videoconferencing

Application Teleradiology and Telepsychiatry

End Use Healthcare Provider and Healthcare Consumers

Telemedicine: A Game-Changer in Healthcare

Telemedicine offers the potential to revolutionize how healthcare is delivered. By leveraging digital technologies, it allows healthcare professionals and patients to communicate remotely, bridging the gap between access and affordability. From video consultations to telemonitoring, telemedicine enables patients to receive medical care without stepping foot in a clinic, making healthcare more accessible, especially in remote or underserved areas.

The pandemic only highlighted the importance of telemedicine, making it the go-to solution for millions. Governments around the world are now creating policies to support telehealth initiatives, encouraging healthcare institutions to integrate digital solutions into their operations.

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Top Player’s Company Profiles

AMC Health

Teladoc Health Inc.

The Cigna Group

MDlive, Inc.

Twilio Inc.

SOC Telemed, Inc.

Vsee

ACL Digital

ICliniq

Oracle Corporation

Medtronic Plc

Siemens AG

General Electric Company

American Well Corporation

Doctor on Demand, Inc.

Market Overview: What’s Driving the Growth?

The growth of the telemedicine market can be attributed to several factors:

Demand for Remote Patient Monitoring: With patients seeking safer, more convenient ways to receive care, telemedicine has stepped in to reduce hospital visits and offer remote diagnostics.

Technological Advancements: From Artificial Intelligence (AI) to the Internet of Things (IoT), cutting-edge technology is revolutionizing healthcare, providing real-time monitoring, virtual hospitals, and even AI-powered diagnostic tools.

Affordability and Accessibility: Telemedicine has proven to lower healthcare costs, making it a favorable option for patients and providers alike. It is especially impactful in regions with limited access to healthcare facilities.

Breaking Down the Telemedicine Market

The global telemedicine market is segmented into components, modalities, applications, and end users. Let’s explore the key segments:

1. Component: Services Lead the Way

The services segment dominates the market, with telemonitoring, teleconsultation, and teleradiology being widely adopted. The increasing demand for such services, especially in managing chronic illnesses, drives this trend. On the other hand, telemedicine software is gaining traction, with continuous advancements in mobile health apps, electronic health records (EHR), and telehealth platforms.

2. End User: Healthcare Providers Take the Lead

Hospitals, clinics, and other healthcare providers represent the largest segment in terms of telemedicine adoption. These institutions benefit from the efficiency and flexibility that telemedicine offers, such as real-time patient monitoring and remote diagnostics. On the consumer side, telemedicine is becoming increasingly popular as patients seek quicker access to care through digital means.

Go through the full ToC of the report: https://www.skyquestt.com/report/telemedicine-market

Regional Insights: North America Dominates

North America continues to lead the telemedicine market, thanks to strong government support, widespread teleconsultation services, and companies like Teladoc Health and MDLive. In fact, a survey by the American Medical Association revealed that 93% of physicians in the U.S. were satisfied with digital health technologies by 2022.

Meanwhile, the Asia-Pacific region is seeing a surge of innovation in telemedicine, with start-ups like InstaDoc and FirstCheck reshaping healthcare delivery through mobile apps and virtual care. Latin America, the Middle East, and Africa are also catching up as telemedicine pilot projects gain momentum in these regions.

Key Trends Shaping the Future of Telemedicine

1. AI-Powered Clinics:

One of the most exciting developments in telemedicine is the rise of AI-powered clinics. These innovative booths allow patients to access medications and consultations in minutes. For example, Ping A Good Doctor launched an AI-powered clinic that lets patients consult with doctors via smart booths, delivering rapid care even in non-traditional settings like retail stores and highway stops.

2. Virtual Hospitals:

Virtual hospitals are now a reality, with institutions offering full-fledged healthcare services remotely. For instance, the United Arab Emirates is setting up virtual hospitals in collaboration with telecommunication providers, bringing healthcare to patients' homes.

Challenges: Legal and Infrastructure Hurdles

Despite its potential, the widespread adoption of telemedicine still faces some hurdles. Infrastructure limitations in low-income countries can prevent the integration of digital health technologies, while legal challenges related to licensing, patient privacy, and data protection can also impede growth. Moreover, inconsistent regulatory frameworks between states or countries may pose additional obstacles for the global expansion of telemedicine services.

Conclusion: Telemedicine—The Future of Healthcare

As telemedicine continues to reshape the global healthcare landscape, it’s clear that digital solutions are here to stay. With its ability to improve access to healthcare, reduce costs, and introduce groundbreaking innovations like AI and remote patient monitoring, telemedicine is poised to become an integral part of modern medicine. The future of healthcare is digital, and telemedicine is leading the way.

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific. Contact:

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[mohitbisresearch]

The remote patient monitoring market is being driven by a range of factors, including the rising prevalence of chronic diseases, the growing aging population, and the increasing adoption of telehealth solutions.

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Intravenous Infusion Pumps Market By Product Type, By Manufacturers, By End-User And Market Trend Analysis Forecast 2033

The intravenous infusion pumps global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Intravenous Infusion Pumps Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The intravenous infusion pumps market size has grown strongly in recent years. It will grow from $5.71 billion in 2023 to $6.15 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to advances in medical technology, aging population, home healthcare services, hospital and healthcare facility expansion, regulatory standards.

The intravenous infusion pumps market size is expected to see strong growth in the next few years. It will grow to $8.51 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to increasing chronic disease burden, technological innovation, home infusion services, telehealth and remote monitoring. Major trends in the forecast period include smart infusion pumps, wireless and remote monitoring, home infusion therapy, precision medicine and personalized infusion.

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The rise in the prevalence of people with chronic pain, cancer, and diabetes is a significant driver of the demand for intravenous infusion pumps, as these pumps are commonly used to deliver pharmaceutical drugs during the treatment of these diseases. Chronic illnesses and disorders are on the rise around the world, which can be attributed to an aging population and shifts in social behavior that led to a gradual increase of these widespread and expensive long-term medical issues. Infusion pumps are used to transfer regulated doses of nutrients or drugs into a patient's body, such as chemotherapy medicines, pain relievers, antibiotics, insulin, or other hormones. For instance, in March 2022, according to the Australian Bureau of Statistics, an Australia-based autonomous statutory agency tasked with obtaining and analyzing data and making factual recommendations to local, national, and territorial governments, almost fifty percent of the population (46.6%, or 11.6 million) suffered from at least one chronic illness. Therefore, the rise in the prevalence of chronic diseases is expected to drive the growth of the intravenous infusion pumps market.

The intravenous infusion pumps market covered in this report is segmented –

1) By Product: Volumetric, Syringe, Enteral, Ambulatory, IV Disposables, Other Products 2) By Application: Chemotherapy, Diabetes, Gastroenterology, Analgesia/Pain Management, Pediatrics/Neonatology, Hematology, Other Applications 3) By End-User: Hospitals, Ambulatory Surgical Centers, Cancer Treatment Centers, Specialty Clinics, Other End Users

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Regional Insights - North America was the largest region in the intravenous infusion pumps market in 2023. Western Europe was the second-largest region in the intravenous infusion pumps market. The regions covered in the intravenous infusion pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Key Companies - Major companies operating in the intravenous infusion pumps market include B. Braun Melsungen AG, Baxter International Inc., Medtronic plc, Fresenius Kabi AG, Smiths Medical Inc., Becton Dickinson and Company (BD), Terumo Corporation, F. Hoffmann-La Roche Ltd., ICU Medical Inc., IRadimed Corporation, Mindray Medical International Limited, Zyno Medical LLC, Tandem Diabetes Care Inc., Johnson & Johnson, Micrel Medical Devices SA, Boston Scientific Corporation, Pfizer Inc., Q-Core Medical Ltd., Moog Inc., Roche Diagnostics International AG, Nipro Corporation, Animas Corporation, Ypsomed Holding AG, Valeritas Inc., ZOLL Medical Corporation, Codan Medical A/S, Halyard Health Inc., InfuSystem Holdings Inc., Hospira Infusion Systems, CareFusion Corporation

Table of Contents 1. Executive Summary 2. Intravenous Infusion Pumps Market Report Structure 3. Intravenous Infusion Pumps Market Trends And Strategies 4. Intravenous Infusion Pumps Market – Macro Economic Scenario 5. Intravenous Infusion Pumps Market Size And Growth ….. 27. Intravenous Infusion Pumps Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[desaletushki]

U.S. Telehealth Market Size, Share, Trends And Forecast 2028

The U.S. telehealth market size is expected to reach USD 307.7 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 44.4% from 2022 to 2028. The increasing adoption of digital health services, favorable consumer base, and substantial investment are the major factors contributing to the market growth in the U.S. Besides, growing demand for remote patient monitoring, coupled with the advancement of digital communication technology to support and improve healthcare services, is anticipated to accelerate the market growth over the forecast years. The shortage of physicians and clinicians in the U.S. is also expected to propel the telehealth industry growth. For instance, according to the Association of American Medical Colleges report published in June 2021, the estimated shortage of physicians in the U.S. could be between 37,800 and 124,000 by 2034, in both specialty and primary care.

Increasing remote patient visits using digital healthcare platforms due to social distancing practice during the COVID-19 pandemic in the U.S. are expected to boost the market growth over the forecast years. For instance, according to the Centers for Disease Control and Prevention (CDC), there is a 154% increase in telehealth visits in the U.S. during March 2020 as compared to the previous year i.e. March 2019. Remote digital healthcare services offered multiple benefits during the pandemic by reducing disease exposure for patients and staff. Growing access to the Internet by the U.S. population and increasing use of devices such as computers, tablets, and smartphones are also anticipated to provide potential industry growth opportunities.

The services segment held the largest revenue share in 2021. The growing demand for remote patient monitoring services that offer real-time interactions of the patients with the physicians is anticipated to drive the services segment in the U.S. Remote patient monitoring services have become smarter and affordable with improved clinical outcomes. These types of services attract the service providers to invest more in the telehealth market. Healthcare organizations in the U.S. are constantly changing their infrastructure to catch up to this revolution in healthcare. To integrate remote healthcare services, the healthcare organizations in the U.S. are rapidly upgrading themselves with the six most essential components such as IT infrastructures, hardware, software, Internet of things (IoT), scalable design, data, and patient security. For instance, in June 2021, Persistent Systems collaborated and invested in IBM to improve its digital transformation, core IT modernization facilities, and hybrid cloud platform for the customers

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/us-telehealth-market

U.S. Telehealth Market Report Highlights

The market growth can be attributed to the favorable consumer base, well-equipped digital health infrastructure, and increasing awareness regarding telehealth

On the basis of product type, the services segment dominated the market in 2021 due to the growing adoption of remote patient monitoring services

Based on delivery mode, the web-based segment led the market in 2021 owing to the increasing use of the web-based platform for telehealth and the availability of a large number of web-based telehealth solutions

By end use, the providers segment dominated the market in 2021 owing to the increasing number of providers in the U.S. and they offer telehealth services not only in the U.S. but also all over the world

Key Companies & Market Share Insights

The key market players are rapidly focusing on the expansion of their digital healthcare services through collaborations, acquisitions, and investments. For instance, in June 2021, GE Healthcare collaborated with the American College of Cardiology (ACC) to build a road map for digital technology using Artificial Intelligence (AI) technology for improved health outcomes in cardiology including valvular heart disease, coronary artery disease, and heart failure. Similarly, in January 2018, Philips made partnerships with American Well in telehealth to provide better consumer health and professional healthcare. Further, in May 2020, American Well raised USD 194 million to meet the skyrocketing demand for remote healthcare services. Some prominent players in the U.S. telehealth market include: Koninklijke Philips N.V., Siemens Healthineers, Cerner Corporation, GE Healthcare, Medtronic PLC, Teladoc Health Inc., American Well, Doctor on Demand, U.SMed, MDLive

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[colinwilson11]

Malabsorption Syndrome Market To Grow At 6.8% Owing To Rising Prevalence Of Celiac Disease

The malabsorption syndrome market is comprised of various treatment products offered for celiac disease, Crohn's disease, short bowel syndrome, radiation injury, pancreatic insufficiency, bariatric surgeries, and liver disease. Malabsorption syndrome occurs when the small intestine is unable to absorb enough nutrients, vitamins, and minerals from food due to various diseases and conditions affecting the gastrointestinal tract. Treatments include enzyme replacement therapy, vitamin and mineral supplements, prebiotics and probiotics, dietary changes, and medication.

The Malabsorption Syndrome Market is estimated to be valued at US$ 3.42 Bn in 2024 and is expected to exhibit a CAGR of 6.8% over the forecast period 2024-2031.

Key Takeaways

Key players operating in the malabsorption syndrome market are AbbVie Inc., Immunogen X, LLC, Astra Zeneca, ImmusanT, Inc.,Ritter Pharmaceuticals. AbbVie Inc. holds a major share in the market and offers treatments such as Humira and Stelara.

The growing prevalence of diseases causing malabsorption syndrome such as celiac disease and crohn's disease is a major factor driving the demand for malabsorption treatments. According to statistics, around 1% of the global population suffers from celiac disease.

Technological advancements have led to the development of targeted therapies, diagnostic tests, and personalized treatments. Companies are investing heavily in R&D to develop new drugs, enzymes, vaccines, and gene therapies to better manage malabsorption.

Market Trends

- Increasing adoption of enzyme replacement therapy: Enzyme supplements containing pancreatin, pancrelipase, etc. help breakdown proteins, carbs, and fats which people with pancreatic insufficiency cannot breakdown. Their use is steadily rising.

- Growth in demand for nutritional supplements: Products containing vitamins A, D, E, K, B12, iron, calcium, magnesium are widely used to meet nutritional needs of people with malabsorption. Tailored supplements address individual deficiencies.

Market Opportunities

- Developing new drug formulations: R&D in advanced drug delivery systems like nanoparticles, microspheres can offer improved treatment adherence and outcomes.

- Expanding into emerging markets: While North America and Europe dominate currently, focus on Asia Pacific and Latin America can tap high patient population and drive future growth.

Impact Of COVID-19 On Malabsorption Syndrome Market Growth

The COVID-19 pandemic has significantly impacted the growth trajectory of the malabsorption syndrome market. During the initial outbreak and peak of infections across regions, limited resources and concentrated efforts of healthcare systems towards COVID affected patients negatively impacted the diagnosis and management of malabsorption syndrome patients. Restrictions on non-essential medical visits and hospitalizations led to delays in consultations and treatments. However, with increasing availability of teleconsultation facilities, the impact was mitigated to some extent for stable patients requiring routine follow-ups.

As the pandemic spread, supply chain disruptions affected the production and distribution of important drugs and nutritional supplements used in malabsorption syndrome management. Shortage of raw materials and logistical challenges impacted the consistent supply to patients. This imbalance in demand-supply equilibrium affected patient compliance and clinical outcomes to a certain degree.

As vaccination drives progress and cases decline in many regions globally, healthcare services are rebuilding capacities. Patients are gradually resuming visits for malabsorption syndrome management. Drugmakers too have overcome early hurdles and restored production levels. With accelerated research on COVID therapies, the sector is expected to bounce back faster than anticipated earlier. Telehealth is also expected to continue complementing in-person care delivery, especially for rural populations.

Geographical Regions With Highest Malabsorption Syndrome Market Value

North America dominates the Malabsorption Syndrome Market in terms of value, given the high diagnosis and treatment rates supported by good healthcare infrastructure and reimbursement scenario. The United States accounts for the major share within the region owing to presence of key market players and large patient pool affected by different types of malabsorption disorders like celiac disease and tropical sprue.

Europe follows North America with a significant market presence led by countries such as Germany, United Kingdom and France where awareness levels are rising. Growing geriatric population prone to gastrointestinal issues also supports the regional market growth. However, Asia Pacific is emerging as the fastest growing regional market backed by improving access to healthcare in India and China along with rising incidences of intestinal diseases and gut dysbiosis ingeneral population.

Fastest Growing Region For Malabsorption Syndrome Market

Asia Pacific region holds immense opportunities for malabsorption syndrome market players and is expected to witness the fastest value growth during the forecast period. Factors such as increasing healthcare spending per capita, government focus on strengthening public healthcare through various programs, rising medical tourism and presence of contract manufacturing bases are attracting several global brands to expand in Asia Pacific markets.

At the same time, prevalence of tropical enteropathies, changes in dietary patterns exposing population to maldigestion and malabsorption risks, wider reach of new diagnostic technologies are enhancing the disease detection rates. With economic development, there is growing awareness among patients regarding available treatment options. This is supporting the demand for innovative drugs and supplemental nutrition products in Asia Pacific's malabsorption syndrome market.

Get more insights on this topic: https://www.trendingwebwire.com/malabsorption-syndrome-market-is-estimated-to-witness-high-growth-owing-to-advancements-in-immuno-absorption-therapies/

Author Bio:

Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163 )

What Are The Key Data Covered In This Malabsorption Syndrome Market Report?

:- Market CAGR throughout the predicted period

:- Comprehensive information on the aspects that will drive the Malabsorption Syndrome Market's growth between 2024 and 2031.

:- Accurate calculation of the size of the Malabsorption Syndrome Market and its contribution to the market, with emphasis on the parent market

:- Realistic forecasts of future trends and changes in consumer behaviour

:- Malabsorption Syndrome Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

:- A complete examination of the market's competitive landscape, as well as extensive information on vendors

:- Detailed examination of the factors that will impede the expansion of Malabsorption Syndrome Market vendors

FAQ’s

Q.1 What are the main factors influencing the Malabsorption Syndrome Market?

Q.2 Which companies are the major sources in this industry?

Q.3 What are the market’s opportunities, risks, and general structure?

Q.4 Which of the top Malabsorption Syndrome Market companies compare in terms of sales, revenue, and prices?

Q.5 Which businesses serve as the Malabsorption Syndrome Market’s distributors, traders, and dealers?

Q.6 How are market types and applications and deals, revenue, and value explored?

Q.7 What does a business area’s assessment of agreements, income, and value implicate?

*Note: 1. Source: Coherent Market Insights, Public sources, Desk research 2. We have leveraged AI tools to mine information and compile it

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Healthcare Chatbots Market Insights: Future Trends and Growth

The healthcare chatbots market is set for dramatic expansion, with its size expected to grow from USD 975.88 million in 2023 to an impressive USD 5.45 billion by 2031. This growth represents a robust compound annual growth rate (CAGR) of 24% over the forecast period from 2024 to 2031, highlighting the increasing adoption of AI-driven solutions in the healthcare sector.

Healthcare chatbots are sophisticated AI-powered tools designed to provide instant, automated assistance to patients and healthcare professionals. These chatbots offer a range of functions, including appointment scheduling, symptom checking, medication reminders, and personalized health advice. Their ability to deliver real-time support and streamline healthcare processes is driving their widespread adoption across various healthcare settings.

Key Drivers of Market Growth

Enhanced Patient Engagement and Access: Healthcare chatbots significantly improve patient engagement by providing immediate responses to health-related queries and facilitating easier access to healthcare services. By enabling 24/7 support, these chatbots help bridge gaps in care, reduce wait times, and enhance overall patient satisfaction. This increased engagement is a major factor driving the growth of the market.

Efficiency and Cost Reduction: Chatbots streamline administrative tasks such as appointment scheduling, insurance verification, and patient onboarding. By automating these processes, healthcare providers can reduce operational costs and minimize administrative burdens on staff. The efficiency gained from using chatbots translates into cost savings and more efficient resource allocation, driving further adoption.

Advancements in AI and Natural Language Processing: The continuous advancements in artificial intelligence (AI) and natural language processing (NLP) technologies are enhancing the capabilities of healthcare chatbots. Improved AI algorithms and NLP models enable chatbots to understand and respond to complex queries with greater accuracy. These advancements contribute to the increasing effectiveness of chatbots in delivering high-quality patient interactions and support.

Growing Demand for Telehealth Solutions: The rise of telehealth services, accelerated by the COVID-19 pandemic, has driven the demand for digital solutions that facilitate remote care. Healthcare chatbots play a crucial role in telehealth by assisting with virtual consultations, providing preliminary assessments, and guiding patients through remote care processes. This growing trend in telehealth is a significant driver of market growth.

Personalized Healthcare Experience: Chatbots can deliver personalized health advice based on individual patient data and preferences. By leveraging patient information, chatbots can offer tailored recommendations, reminders, and follow-up care instructions. This level of personalization enhances the overall patient experience and encourages the adoption of chatbot solutions.

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Challenges and Opportunities

Despite the promising growth prospects, the healthcare chatbots market faces challenges such as data privacy concerns, integration with existing healthcare systems, and the need for continuous updates to maintain chatbot accuracy. Addressing these challenges requires robust cybersecurity measures, seamless integration capabilities, and ongoing AI training to ensure that chatbots provide reliable and secure interactions.

Opportunities for growth include the development of more advanced chatbot functionalities, such as integration with electronic health records (EHRs) and the ability to handle a broader range of medical inquiries. Additionally, expanding the use of chatbots in mental health support and chronic disease management presents new avenues for market growth.

Regional Insights

North America is currently the leading market for healthcare chatbots, driven by high adoption rates, advanced healthcare infrastructure, and significant investments in digital health technologies. Europe follows closely, with increasing healthcare digitization and a growing focus on patient-centered care. The Asia-Pacific region is expected to experience the highest growth rate during the forecast period, fueled by rising healthcare expenditures, technological advancements, and expanding telehealth initiatives in countries such as China, India, and Japan.

Future Outlook

The healthcare chatbots market is poised for substantial growth as healthcare providers and patients alike recognize the value of AI-driven solutions. With a projected CAGR of 24% from 2024 to 2031, the market will see continued innovation and expansion, transforming the way healthcare services are delivered and experienced.

In conclusion, the healthcare chatbots market is set to experience explosive growth, expanding from USD 975.88 million in 2023 to USD 5.45 billion by 2031. This growth is driven by advancements in AI technology, increased demand for efficient healthcare solutions, and the need for enhanced patient engagement. As healthcare continues to evolve, chatbots will play an increasingly vital role in shaping the future of digital health.

[ankitab]

Meticulous Research®: Global Alzheimer’s Drugs Market - Trends, Innovations, and Future Forecast

The Alzheimer’s Drugs Market is projected to reach $9.62 billion by 2031, growing at a CAGR of 9.8% from 2024 to 2031. The market growth is driven by the increasing global burden of Alzheimer's disease, rising prevalence of risk factors, surge in research funding, introduction of innovative technologies, increasing number of approvals, and a growing pipeline of clinical trials and products. Additional growth opportunities are expected from expanding research activities in developing countries, heightened awareness programs, public and private initiatives, combination drug therapies, and advanced biomarkers and imaging techniques for diagnosis and management.

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Key Market Growth Drivers

Increasing Burden of Alzheimer’s Disease

Alzheimer’s disease, the most common type of dementia, causes a progressive decline in memory, organizing, learning, and thinking skills. The prevalence of neurodegenerative disorders like Alzheimer's is increasing due to aging populations, traumatic brain injuries, genetic factors, stress, and other lifestyle risk factors. According to the Alzheimer's Association (U.S.), the prevalence of Alzheimer’s disease among those aged 65 and older is projected to rise from 6.2 million in 2021 to 6.9 million in 2024. This growing prevalence is expected to drive demand for Alzheimer’s drugs.

Increase in Research Funding

With the increasing prevalence of Alzheimer’s disease, there is a rising need for novel therapies. Both public and private entities are significantly funding research to understand the disease better and develop effective treatments. For instance, Alzheimer’s and dementia research funding at the National Institutes of Health (NIH) increased from USD 2.8 billion in 2021 to USD 3.8 billion in 2023. Key recent funding highlights include:

May 2024: NeuroTherapia received a grant from the Alzheimer's Association to develop its NTRX-07 drug for Alzheimer's treatment.

October 2023: The National Institute on Aging awarded USD 151 million to the University of California San Francisco for a clinical trial combining anti-amyloid and tau therapies.

Emerging Market Trends

Stem Cell Therapy

Stem cell therapy is a promising treatment for Alzheimer’s disease, reducing amyloid β-protein deposition and alleviating memory loss symptoms. The first stem cell therapy for Alzheimer’s was approved in Japan in 2018, leading to increased research and clinical trials in this field.

Telehealth in Alzheimer’s Care

Telehealth offers a cost-effective and convenient alternative to traditional long-term residential care for Alzheimer's patients. It provides services such as consultations, medication management, and follow-up appointments via video conferencing. Telehealth improves patient adherence to treatment regimens, thereby managing symptoms more effectively and driving market growth.

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Market Opportunities

Combination Therapy

Combination therapy, using two therapeutic agents together, shows promise in treating Alzheimer’s disease. For instance, combining memantine with cholinesterase inhibitors has demonstrated higher efficacy in clinical trials compared to monotherapy. This approach targets multiple pathways involved in Alzheimer’s, offering potential benefits to patients.

Market Segmentation Analysis

By Drug Type

Cholinesterase Inhibitors: Expected to dominate with a 46.9% market share in 2024 due to their effectiveness in treating mild to moderate Alzheimer’s by decreasing acetylcholine breakdown.

NMDA Receptor Antagonists

Glutamate Regulators

Combination Drugs

By Application

Symptom Management: Predicted to account for 87.2% of the market in 2024. Symptom management drugs slow disease progression, reduce healthcare costs, and address symptoms like impaired judgment and memory loss, increasing their demand.

Geographical Analysis

North America

North America is expected to hold the largest market share (43.0%) in 2024, driven by the high prevalence of Alzheimer’s, substantial research funding, the presence of key players, numerous clinical trials, and favorable reimbursement policies. For instance, in February 2024, the Centers for Medicare & Medicaid Services covered Leqembi (Lecanemab), a recently approved Alzheimer’s medication.

Asia-Pacific

Asia-Pacific is anticipated to register the highest growth rate (11.4%) during the forecast period, with significant opportunities in China, India, and South Korea. Factors include a growing pharmaceutical industry, supportive government initiatives, and extensive clinical trials. For example, Bredis Healthcare received USD 1.27 million from the South Korean Ministry of SMEs and Startups in August 2023 for developing diagnostic tests for Alzheimer’s.

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Leading Companies

Key players in the Alzheimer’s drugs market include Biogen, Novartis AG, F. Hoffmann-La Roche AG, AbbVie Inc., Teva Pharmaceutical Industries Ltd., Eisai Co., Ltd., SUPERNUS PHARMACEUTICALS, INC., H. Lundbeck A/S, AC Immune SA, Zydus Lifesciences Limited, Johnson & Johnson, and Daiichi Sankyo Company. These companies are recognized for their extensive product portfolios, strategic geographical presence, and robust growth strategies from 2020 to 2024.

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[mordorintelligencemarketresearch]

Overview of the Pet Care Industry

The pet care industry has experienced remarkable growth in recent years, driven by a deepening human-animal bond and increasing pet ownership rates. This sector encompasses a wide range of products and services, including pet food, grooming, veterinary care, pet supplies, and accessories. 

Market Size and Growth 

The pet care market is projected to be valued at USD 20.02 billion in 2024 and is anticipated to grow to USD 24.59 billion by 2029, reflecting a compound annual growth rate (CAGR) of 4.20% during this forecast period. The United States remains the largest market, accounting for nearly 40% of global sales, followed by Europe and Asia-Pacific. 

Trends Influencing the Market 

Humanization of Pets: 

Pet owners are increasingly viewing pets as family members, leading to higher spending on premium products and services. This trend has spurred demand for high-quality food, pet clothing, and health supplements. 

Sustainability: 

Environmentally conscious consumers are driving the demand for sustainable and eco-friendly products. Brands focusing on sustainable sourcing and packaging are gaining a competitive edge. 

Technological Advancements: 

Innovations in technology, including telehealth services for pets, smart pet devices, and apps for pet care management, are reshaping the industry landscape. 

Aging Pet Population: 

As pets live longer, there is an increased focus on senior pet care, including specialized diets, supplements, and veterinary services tailored to older animals. 

Challenges 

Despite its growth, the pet care industry faces challenges, such as: 

Regulatory Compliance: Strict regulations regarding pet food safety and veterinary practices require companies to invest in compliance and quality assurance. 

Market Saturation: With numerous brands and products available, differentiation is crucial for success. Companies must innovate to stand out. 

Economic Factors: Economic downturns can affect discretionary spending on pets, pushing consumers toward more budget-friendly options. 

Future Outlook 

The pet care market is poised for continued expansion, driven by emerging trends in consumer behavior and advancements in technology. Companies that prioritize sustainability, innovation, and high-quality products will likely thrive in this dynamic environment. The rise of pet ownership in developing markets also presents significant growth opportunities. 

Conclusion 

The pet care industry is not just about products and services; it reflects a profound connection between humans and their pets. As this bond deepens and pet ownership continues to grow, the industry will evolve, presenting new opportunities and challenges. For businesses looking to enter or expand in this market, understanding consumer trends and adapting to changing demands will be essential for success.    For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence: https://www.mordorintelligence.com/industry-reports/pet-care-market 

[mordormr]

How Market Research is Shaping the Future of Home Medical Equipment

Market Overview: How Market Research is Shaping the Future of Home Medical Equipment

The Home Medical Equipment market is projected to be valued at USD 47.23 billion in 2024 and is anticipated to grow to USD 67.21 billion by 2029, with a compound annual growth rate (CAGR) of 7.31% during the forecast period from 2024 to 2029.

The global Home Medical Equipment (HME) market has been witnessing steady growth, driven by factors such as an ageing population, a rise in chronic diseases, and increased patient preference for home-based healthcare. According to research by firms like Mordor Intelligence, the market's expansion is being shaped by several key trends identified through in-depth market research:

1. Aging Population and Chronic Disease Prevalence

Market research shows that the increasing global geriatric population is a primary driver for the HME market. By 2050, the elderly population is expected to nearly double, significantly boosting demand for home-based healthcare services. Furthermore, the rising prevalence of chronic diseases, such as diabetes, heart conditions, and respiratory disorders, has created a sustained need for home medical devices like oxygen concentrators, dialysis equipment, and mobility aids.

2. Technological Advancements

Innovative technologies, such as telehealth integration and IoT-enabled devices, are revolutionizing the HME industry. Market research highlights the growing trend of smart, connected devices that allow patients to monitor their health conditions at home while sharing real-time data with healthcare providers. This trend, fueled by technological advancements, is enhancing patient outcomes and improving cost-effectiveness in home-based care.

3. Shift Towards Patient-Centric Care

As consumer expectations evolve, market research indicates a shift towards more personalized, patient-centric home medical equipment. Companies are now leveraging consumer insights to design devices that are not only functional but also more user-friendly and aesthetically pleasing. This change is making home medical equipment more accessible to patients, improving their overall quality of life.

4. Regulatory Environment and Reimbursement Policies

Market research firms, including Mordor Intelligence, note that stringent regulatory policies and reimbursement challenges continue to influence the HME market. However, there is a growing emphasis on simplifying reimbursement processes, especially in regions like North America and Europe, where healthcare systems are evolving to accommodate home-based treatment options.

5. Increasing Competition and Market Fragmentation

The HME market is highly competitive, with both established players and new entrants vying for market share. Market research provides insights into the competitive landscape, highlighting the strategies employed by key market players to differentiate themselves through product innovation, strategic partnerships, and mergers and acquisitions. These competitive dynamics are shaping the future of the industry by fostering innovation and driving companies to stay ahead of market trends.

6. Emerging Markets and Global Expansion

While developed markets like North America and Europe dominate the HME industry, market research identifies significant growth potential in emerging economies across Asia-Pacific and Latin America. Rapid urbanization, improving healthcare infrastructure, and increasing healthcare awareness are creating opportunities for HME companies to expand into new geographies.

Conclusion

The future of the Home Medical Equipment industry is being shaped by detailed market research that provides critical insights into consumer behaviour, regulatory changes, and technological advancements. Companies that leverage these insights to innovate and adapt to evolving market conditions are likely to thrive in this growing sector. By focusing on patient-centric solutions, improving regulatory compliance, and expanding into emerging markets, the HME industry is poised for sustained growth in the coming years.

Market research reports, such as those from Mordor Intelligence, help industry stakeholders make informed decisions by offering data-driven insights and forecasts that can shape their strategic initiatives and drive innovation.

For a detailed overview and more insights, you can refer to the full market research report by Mordor Intelligence https://www.mordorintelligence.com/industry-reports/global-home-medical-equipment-market