World Home Medical Equipment - Freedonia Group

Study #2964January 2013 6300411 PagesWorld Home Medical EquipmentIndustry Study with Forecasts for 2016 & 2021The US will remain the largest market based on its network of home health care providers, highhealth care spending, widespread insurance coverage, and shift toward home patient care.World demand for home medical equipment is projected to increase 7.0 percentannually to 28 billion in 2016. TheUnited States will remain the largestmarket globally based on its extensivenetwork of home health care providers,high health care spending intensity,widespread insurance coverage forhome treatment and management ofchronic diseases, and shifting patientcare strategies toward home settings.The large developing countries of Brazil,China, India, and Russia will be amongthe fastest growing worldwide marketsfor home medical equipment as increasing economic prosperity boosts the levelof third-party and direct consumerpayments applied to health care. Inthese countries, home health careactivity will expand rapidly due to costsaving advantages and ongoing shortages in professional medical providers.Demand in developingcountries to grow fastestHome medical equipment markets inWestern Europe, Canada, Australia,Japan, South Korea, and other developed countries will provide demand for acomplete range of therapeutic, support,and monitoring products with per capitasales levels of all three groups stayingcomparatively high. However, overallgrowth in most of these markets willdecelerate and will remain below theaverage worldwide pace as nationalhealth insurance plans impose tighterNorth America39%( 28 billion)Asia/Pacific25%Western Europe24%Other Regions12%controls on benefit coverage and productreimbursement rates. By contrast, homemedical equipment demand in the vastmajority of developing countries willincrease well above the global averageas health care markets expand withimproving economic growth. On thedownside, affluent residents covered byprivate health insurance or who are ableto afford direct payments will account formost sales in these countries.Home therapeuticequipment to lead gainsWorldwide demand patterns for varioustypes of home medical equipment willfollow evolving demographic and epidemiological trends. An increasing preva-Click here to purchase onlinePage World Home Medical EquipmentDemand, 2016photo: My Health SoftwareWorld demand to rise 7%annually through 2016lence of chronic conditions, especiallyrespiratory disorders, kidney failure, andcancer, will boost global demand forhome therapeutic equipment 7.5 percentannually to 17.3 billion in 2016. Portable oxygen concentrators for treatingchronic obstructive pulmonary disease(COPD), continuous positive airwaypressure (CPAP) products for managingobstructive sleep apnea, and ventilatorsand accessories for alleviating severebreathing impairments will account forthe fastest sales growth among homerespiratory therapy equipment. Advancesin the ease of use and conveniencefeatures of dialysate machines, coupledwith a rising number of patients with endstage kidney failure, will boost demandfor home dialysis products.Copyright 2013 The Freedonia Group, Inc.Order now, click here!

Study #2964January 2013 6300411 PagesWorld Home Medical EquipmentIndustry Study with Forecasts for 2016 & 2021Sample Text,Table & ChartTABLE VI-6CHINA: HOME MEDICAL EQUIPMENT DEMAND(million dollars)Item2001 2006 2011 2016 2021Health Expenditures (bil )63 147 324 600 1100 home medical equip/000 expend 8.35.94.2 3.52.9asia/pacificHome Medical Equipment Demand 522.0 864.01361.02091.03160.0Therapeutic Equipment: 300.0 504.0 817.01276.01950.0China: Home Medical Equipment DemandRespiratory Therapy Equipment 123.0 203.0 327.0 494.0 745.0Demand for home medical equipment in China will increase9.0Oxygen Delivery Equipment 49.1 76.0 116.0 174.0 250.0percent annually to 2.1 billion in 2016. The aging of the population,CPAP Equipment 30.7 58.9 109.0 175.0 290.0fast expanding prevalence of chronic conditions, and rising personalin- Other Respiratory Therapy Equip43.2 68.1 102.0 145.0 205.0come levels will underlie gains. Home medical equipment is notcoveredDialysis Equipment 65.8 119.0 199.0 330.0 535.0by public health insurance in China. However, an increasing numberofIV Equipment 83.7 137.0 219.0 347.0 520.0residents are purchasing this equipment to take responsibility for theirOther Home Therapeutic Equip 27.5 45.0 72.0 105.0 150.0own health care and avoid visits to overcrowded hospital facilities forPatient Support Equipment: 132.0 208.0 305.0 444.0 639.0treatment.Mobility Assist Equipment 113.0 178.0 258.0 370.0 525.0Medical Furniture 12.5 20.0 31.4 50.0 78.0Although expanding at a fast pace, the market for home medicalBathroom Safety Equipment 6.5 10.0 15.6 24.0 36.0equipment in China faces a number of deterrents to overall growth. PatientFor Monitoring Equipment: 90.0 152.0 239.0 371.0 571.0example, distribution systems for most products fail to extend intomanyBlood Glucose Monitors 24.1 37.2 54.6 79.0 113.0rural areas. Moreover, in major cities where home medical equipmentBlood Pressure Monitors 13.1 25.0 44.4 77.0 130.0is widely available, affordability is often an issue among low incomeOther Patient Monitoring Equip 52.8 89.8 140.0 215.0 328.0residents. Lastly, the market has been flooded with poor quality productsproduced by small companies that have escaped regulatory scrutiny.% China 26.2 27.8 29.0 30.3 31.6Accordingly, many users have become disenchanted with several Asia/PacifictypesHome Medical Equipment 1994 3112 4693 6890 10000of home medical equipment.sampletextsampletableThe vast potential of China’s home medical equipment market willnot be completely accessible to industry competitors until productquality issues are resolved and products become eligible for healthinsurance coverage. However, in spite of these obstacles to growth,most major industry producers are active in the country. Abbott DiabetesCare, ARKRAY, B. Braun Melsungen, Baxter International, Covidien,CHART VIII-1DeVilbiss Healthcare, Fresenius Medical Care, GE Healthcare, Invacare,Medtronic, OMRON HEALTHCARE, Philips Respironics, and SmithsHOME THERAPEUTIC EQUIPMENT MARKET SHAREMedical are among home medical equipment companies that oper( 12.1 billion, 2011)ate production facilities in China. The vast majority of other industryparticipants serve the country through company operated sales offices orpartnerships with local firms.238Copyright 2013 The Freedonia Group, Inc.O th e rs4 2 .9 %Click here to purchase onlinePage samplechartM a rke tL e a d e rs5 7 .1 %17.4%B axt er In t l12.4%P h ilip sH ealt h care9.9%R esM ed7.9%BD5.4%C o n v aT ec4.1%F resen iu sOrder now, click here!

Study #2964January 2013 6300411 PagesWorld Home Medical EquipmentIndustry Study with Forecasts for 2016 & 2021Sample Profile,Table & ForecastTABLE III-16WORLD IV EQUIPMENT DEMAND BY TYPE(million dollars)Item2001 2006 2011 2016 2021World Population 65 Yrs & Older (mil)430.5 482.5 537.0 621.0 740.0 equipment/pop 65 & older 3.44.66.07.38.6World Home IV Equipment Demand1 484 2218 3210 4560 6330Injection Devices 384 591 880 1295 1900IV Administration Sets 444 628 870 1220 1620Premixed IV Solutions 354 542 800 1100 1500IV Catheters 198 308 460 680 970IV Pumps 80 114 150 195 245IV Accessories2435507095% IV equipment 27.4 27.0 26.6 26.4 25.9World Home Therapeutic Equipment 5410 8230 12070 17300 24400sampletableCOMPANY PROFILESCareFusion Corporation3750 Torrey View CourtSan Diego, CA : 3.6 billion (FY 2012)Employment: over 15,000 (August 2012)sampleprofileCareFusion is a global producer and provider of medical devicesKey Products: nebulizers, ventilators, and continuous positive airwaypressure systems and related accessoriesand services. The Company operates through two segments: MedicalSystems and Procedural Solutions.CareFusion participates in the world home medical equipmentindustry through the Medical Systems segment, which generated FY2012 revenues of 2.3 billion. Through this segment, the Companydevelops, manufactures, and markets equipment and related suppliesfor respiratory care, intravenous infusion, medication dispensing, andother applications. CareFusion’s respiratory care products includenebulizers, ventilators, and continuous positive airway pressure (CPAP)systems and related accessories that are suitable for home use. Of thesegment’s total FY 2012 revenues, respiratory care products accountedfor 295 million.CareFusion’s nebulizers for home use include the AIRLIFE MISTYMAX 10 disposable model, which incorporates a one piece jet designengineered to deliver high output rates for faster treatment times andconsistent medication delivery; and the AIRLIFE MISTY INFINITYunit, which provides continuous aerosol therapy, and features spillresistant caps and built-in intravenous ports. The Company also makes341Click here to purchase onlinePage Copyright 2013 The Freedonia Group, Inc.Order now, click here!

Order InformationINDUSTRY MARKET RESEARCH FOR BUSINESSLEADERS, STRATEGISTS, DECISION MAKERSFive Convenient Ways to OrderONLINE: www.freedoniagroup.comMAIL: Print out and complete the orderform and send to The Freedonia Group(see address at the bottom of this form)PHONE: Call toll free, 800.927.5900(US) or 1 440.684.9600FAX: 1 440.646.0484 (US)EMAIL: info@freedoniagroup.comFree Handling & ShippingCredit Card OrdersOrders Outside of the USSave 15%There is NO charge for handling or UPS shippingin the US. Expect delivery in 3 to 5 business days.Outside the US, Freedonia provides free airmailservice. Express delivery is available at cost.Checks must be made payable in US funds,drawn against a US bank and mailed directly toThe Freedonia Group. For wire transfers pleasecontact our customer service department at info@freedoniagroup.com. Credit cards accepted.For convenience, Freedonia accepts American Express, MasterCard or Visa. Credit card purchasesmust include account number, expiration date andauthorized signature.If you order three (3) different titles at the sametime, you can receive a 15% discount. If yourorder is accompanied by a check or wire transfer,you may take a 5% cash discount (discounts donot apply to Corporate Use Licenses).Corporate Use LicenseNow every decision maker in your organization can act on the key intelligence found in allFreedonia studies. For an additional 2600, companies receive unlimited use of an electronicversion (PDF) of the study. Place it on your intranet, e-mail it to coworkers around the world,or print it as many times as you like,Order FormF-WEB.2964World Home Medical Equipment. 6300Corporate Use License (add to study price) * 2600Additional Print Copies @ 600 each *NameTitleCompanyDivisionTotal (including selected option) Enclosed is my check (5% discount) drawn on a US bank and payable toThe Freedonia Group, Inc., in US funds (Ohio residents add 7.75% sales tax)StreetBill my companyCity/State/ZipAmerican ExpressMasterCardClick here to learn more aboutthe Corporate Use LicenseVisaMM(No PO Box please)YYCountryCredit Card #Expiration DatePhoneFaxEmailSignature* Please check appropriate option and sign below to order an electronicversion of the study.Individual Use License AgreementThe above captioned study may be stored on the company’s intranet orshared directory, available to company employees. Copies of the study maybe made, but the undersigned represents that distribution of the study willbe limited to employees of the company.The undersigned hereby represents that the above captioned study will beused by only individual(s) who are employees of the company and thatthe study will not be loaded on a network for multiple users. In the eventthat usage of the study changes, the Company will promptly notify Freedonia of such change and will pay to Freedonia the appropriate fee based onFreedonia’s standard fee schedule then in effect. Note: Entire company corporate use license, add 2600; one additional user, add 600; two additionalusers, add 1200; three additional users, add 1800.SignatureSignatureCorporate Use License AgreementThe Freedonia Group, Inc. 767 Beta Drive Cleveland, OH 44143-2326 USA Web site: www.freedoniagroup.comTel US: 800.927.5900 or 1 440.684.9600 Fax: 1 440.646.0484 e-mail: info@freedoniagroup.comPage 7

INDUSTRY MARKET RESEARCH FOR BUSINESS LEADERS, STRATEGISTS, DECISION MAKERSOther StudiesConsumer Water &Air Treatment SystemsUS demand for consumer water and air treatmentsystems will rise 6.9 percent yearly to 2.3 billionin 2017. Whole-house air treatment systems willbe the fastest growing segment, while point-of-usewater treatment systems will remain the largest.Water filters and membranes will remain the largestconsumables category. This study analyzes the 1.6 billion US consumer market for water and airtreatmen

INDUSTRY MARKET RESEARCH FOR BUSINESS LEADERS, STRATEGISTS, DECISION MAKERS 767 Beta Drive Cleveland, OH 44143-232