Towards Healthcare
U.S. Home Medical Equipment Market to Reach USD 14.25 Bn by 2034

U.S. Home Medical Equipment Market driven by aging demand 2025

Market insights predict, the U.S. home medical equipment industry is expected to grow from USD 7.79 billion in 2024 to USD 14.25 billion by 2034, driven by a CAGR of 6.4%. The U.S. home medical equipment market is growing due to the rising geriatric population and chronic conditions.

  • Insight Code: 6199
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: September 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and market strategy to her research.

Shivani contributes to Towards Healthcare and plays an active role at Precedence Research, where she focuses on delivering in-depth market intelligence, competitive analysis, and trend forecasting across pharmaceuticals, medical devices, digital health, and healthcare services. Her insights support healthcare companies, investors, and policymakers in making data-backed decisions in a highly regulated and rapidly evolving sector.

Additionally, Shivani collaborates with Statifacts, further expanding her healthcare domain reach by engaging in diverse projects across global markets. Her strength lies in transforming complex clinical and commercial data into strategic narratives that help stakeholders navigate the future of healthcare.

FAQ's

The U.S. home medical equipment market in 2025 is valued at USD 8.29 billion and is projected to climb to USD 14.25 billion by 2034, with a CAGR of 6.4% over the forecast period.

The South U.S. is currently leading the U.S. home medical equipment market share by 28% due to advanced home healthcare networks.

Some key players include Medtronic plc, ResMed Inc., Cardinal Health Inc., Abbott Laboratories, etc.

Key trends include rising chronic conditions and demand for home healthcare devices for disabled people.

National Institutes of Health, FDA, WHO, CDC.