Home medical equipment market seen reaching $61.05 billion by 2030

The global home medical equipment devices market is projected to grow from $43.47 billion in 2026 to $61.05 billion by 2030, according to The Business Research Company, as remote patient monitoring, telehealth and home-based care expand. North America led the market in 2025, while Asia-Pacific is expected to grow fastest through the forecast period.

Why it matters: - Home medical equipment is becoming a bigger part of care delivered outside hospitals, which can reduce visits, support chronic disease management and improve patient independence. - The market’s projected 8.9% CAGR through 2030 signals sustained demand for devices that help patients monitor and manage health at home.

What happened: - The Business Research Company released its Home Medical Equipment (HME) Devices Global Market Report 2026. - The report estimates the market rose from $39.9 billion in 2025 to $43.47 billion in 2026. - The report forecasts the market will reach $61.05 billion by 2030, still growing at an 8.9% CAGR. - The report was published Aug. 11, 2026, from London. - A free sample of the report is available. - The full market report is also available.

The details: - Home medical equipment includes medical tools and products designed for use at home under professional supervision or personal care. - The devices help patients manage health conditions, cope with chronic illnesses and recover without frequent hospital visits. - The report cites aging populations, higher chronic disease rates, broader home healthcare services, rising hospital costs and wider acceptance of self-monitoring devices as growth drivers. - Remote patient monitoring is a major catalyst for market expansion. - RPM uses technology such as wearable sensors, mobile applications and electronic tools to track heart rate, blood pressure and glucose levels from a distance. - Wearable technology is making continuous, real-time health tracking more practical. - The report says home medical equipment helps doctors oversee patients, adjust treatments and intervene without frequent office visits. - In April 2024, Insurance Thought Leadership Inc. reported telehealth usage had surged to more than 53 million Medicare participants, with 91% of healthcare systems operating telehealth programs. - The report expects growth to be supported by digital health investment, home-based care demand, telehealth integration, preventive healthcare and smarter medical equipment. - Expected trends include remote patient monitoring devices, portable and easy-to-use equipment, connected home healthcare systems, AI-driven diagnostic features and more focus on patient comfort and independence.

Between the lines: - The report points to a care model shift: more monitoring and treatment are moving from clinics into homes. - That shift favors companies building connected, simple-to-use devices that fit into telehealth workflows. - North America held the largest market share in 2025, while Asia-Pacific is expected to post the fastest growth during the forecast period. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

What's next: - The market is expected to keep expanding through 2030 as home care, telehealth and remote monitoring become more deeply linked. - The Business Research Company says its 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel forecasting dashboards, market hotspots infographics and future trend analysis. - The company invites readers to speak with its experts by email or phone.

The bottom line: - Home medical equipment is moving from a supporting role to a central piece of care delivery, and the market outlook reflects that shift.