Koninklijke Philips N.V., Omron Healthcare, Inc. and B. Braun Melsungen AG are dominating the Global Home Healthcare Market in 2019

Global Home Healthcare Market is expected to grow with the CAGR of 8.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Home healthcare market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.   

The major players dealing in global home healthcare market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in April 2018, B. Braun Melsungen AG introduced five new facilities in Penang so that they can manufacture medical devices for pharmaceutical solutions, surgical instruments and infusion therapy for the treatment of patients in Malaysia and throughout the world. It will help the company to increase their production capacity.

Koninklijke Philips N.V. is the dominating player in global home healthcare market. The other key players existing in the market includes QuickMedical, Singex, McKesson Medical-Surgical Inc, USA Medical and Surgical Supplies, Royal Medical Solutions, Home Hospice WTX, Condo Pharmacy, CARELINC, LA Medical Wholesale, MED+, Air Liquide, Amedisys, Apple Home Healthcare, Arcadia, Davita Inc, Diaverum, Home Health Care, Inc, Home Healthcare Solutions Company, LLC, Kindred Healthcare, LLC, LHC Group, Inc., National HealthCare Corporation, PORTEA MEDICAL, BPL Medical Technologies, CARDINAL HEALTH, Sunrise Medical (US) LLC, Kinnser Software, Inc and Medtronic among others.

Home Healthcare Market

Koninklijke Philips N.V.

Koninklijke Philips N.V., headquartered in Amsterdam, Netherlands. The company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention to diagnosis, treatment and home care. The company has multiple business segments including diagnosis & treatment businesses, personal health businesses, connected care & health, other, in this personal health is the market focused segment. The company offers its products in several categories including for consumer, for professionals, in which home for professionals is the market focused category.

  • For instance, In August 2016, Koninklijke Philips N.V. (Netherlands) and Qualcomm Technologies, Inc. (U.S.) entered into strategic collaboration to prevent from chronic care management and also provide healthy living.

The company has wide global presence across the globe such as Europe, North America, South America, Asia-Pacific, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Philips GmbH (Germany), Philips Consumer Lifestyle B.V. (Netherlands), Philips Medical Systems

Nederland B.V. (Netherlands), Philips Ultrasound, Inc. (U.S.), Philips Oral Healthcare, LLC (U.S.) among others.

Omron Healthcare, Inc.

Omron Healthcare, Inc. established in 1974 and headquartered in Kyoto, Japan. The company manufactures and distributes personal wellness and healthcare products. The company offers wide range of product categories such as blood pressure, EKG, fitness, pain management, respiratory and in that all are the market focused categories.

The company has presence in Africa, Asia-Pacific, Europe, North America, South America.

B. Braun Melsungen AG

B. Braun Melsungen AG is headquartered in Melsungen, Germany which was founded in 1839. The company manufacturers and develops products for healthcare sector like ostomy care, urology, infusion therapy and many more. Among which it is a leading manufacturer for infusion therapy and pain management. The company has multiple business segments which are b.braun hospital care, B.braun aesculap, B.braun outpatient market, B.braun avitum in this B.braun outpatient market is the market focused segment. The product categories include continence care & urology, diabetes care, extracorporeal blood treatment, infection prevention, infusion, interventional vascular diagnostics & therapy, iv drugs, neurosurgery, nutrition, orthopaedic joint replacement, ostomy care, regional anaesthesia, spine surgery, surgical technologies, wound closure, wound management and others and the market focused category is continence care & urology.

  • For instance, In April 2018, B. Braun Melsungen AG introduced five new facilities in Penang so that they can manufacture medical devices for pharmaceutical solutions, surgical instruments and infusion therapyfor the treatment of patients in Malaysia and throughout the world. It will help the company to increase their production capacity.

The company has wide global presence in Africa, Asia-Pacific, Europe, North America, and South America. In addition to it, the company also generates its revenue from the various subsidiary companies such as Africa, Asia-Pacific, Europe, North America, and South America.