India Homecare Medical Equipment Market to grow with a CAGR of 5.65% through 2030

Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the India Homecare Medical Equipment Market.

According to TechSci Research report, “India Homecare Medical Equipment Market - By Region, Competition, Forecast & Opportunities, 2030F”, India Homecare Medical Equipment Market stood at USD 710.40 million in 2024 and is anticipated to witness a steady growth in the forecast period with a CAGR of 5.65% through 2030. This can be due to collaborations and partnerships among leading companies with a diverse approach to merge the expertise of individual companies and to strengthen their position in the market. The rise in lifestyle diseases is a significant driver of the demand for homecare medical equipment. Lifestyle diseases, also known as non-communicable diseases (NCDs), include conditions like diabetes, hypertension, obesity, cardiovascular diseases, and respiratory disorders. These diseases are often linked to unhealthy lifestyle choices, such as poor diet, lack of physical activity, smoking, and excessive alcohol consumption. Many lifestyle diseases require regular monitoring of vital signs and health parameters. Homecare medical equipment, such as blood pressure monitors, glucose meters, and weight scales, enables individuals to monitor their conditions at home. This empowers patients to take control of their health and make informed decisions. Homecare medical equipment provides convenience for patients. They can monitor their conditions without the need for frequent visits to healthcare facilities. This convenience is especially important for individuals with chronic conditions that require ongoing management. Timely detection and monitoring of lifestyle diseases can help in early intervention and better disease management. Home monitoring equipment allows for the early detection of fluctuations in vital signs, helping patients and healthcare providers take timely action. Homecare medical equipment supports preventive healthcare. Individuals at risk of lifestyle diseases can use these devices to track their health proactively, make necessary lifestyle changes, and prevent the development of these conditions. 

India's homecare medical equipment market is witnessing rapid growth, driven by rising healthcare awareness, an ageing population, and an increasing burden of chronic diseases. The shift towards home-based care is gaining momentum due to the growing demand for affordable, accessible, and convenient healthcare solutions. Devices such as oxygen concentrators, nebulizers, mobility aids, BP monitors, and glucose meters are becoming common in Indian households, enabling patients to manage their conditions without frequent hospital visits. The COVID-19 pandemic further accelerated the adoption of homecare equipment, highlighting the need for remote patient monitoring and decentralized care. Also, technological advancements, including digital connectivity and smartphone integration, are enhancing the functionality and appeal of these devices.

The market is also supported by rising disposable incomes, government initiatives promoting elderly and chronic care, and an expanding network of e-commerce platforms offering easy access to medical products. Urbanization and lifestyle-related disorders like diabetes and hypertension continue to boost demand. India’s homecare medical equipment market is evolving into a crucial component of the healthcare ecosystem, offering both patients and caregivers improved quality of life, better disease management, and reduced pressure on clinical infrastructure.

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India Homecare Medical Equipment Market is segmented based on type, distribution channel, and by region.

Based on type, In 2024, the India Homecare Medical Equipment Market largest share was held by Walking Assist Devices segment and is predicted to continue expanding over the coming years. India, like many other countries, has an aging population. The elderly population often experiences mobility issues, and walking assist devices such as canes, walkers, and rollators are in high demand to help them maintain mobility and independence. Mobility impairments due to conditions like arthritis, joint problems, and post-surgery recovery are common in India. Walking assist devices provide crucial support to individuals with these conditions. An increase in lifestyle-related diseases, such as obesity and diabetes, has led to a rise in conditions that affect mobility. People with conditions like diabetes may need walking assist devices due to neuropathy or circulatory issues. As urbanization continues in India, there is a growing need for walking assist devices in urban areas where people may have to walk longer distances and face challenges related to physical disabilities or injuries. There has been a significant increase in awareness and acceptance of walking assist devices among the Indian population. People are more willing to use these devices to improve their mobility and overall quality of life

Based on region, South India is emerging as the fastest-growing region in India's homecare medical equipment market due to a combination of demographic, economic, and healthcare infrastructure factors. The region has a higher proportion of ageing population compared to other parts of the country, leading to greater demand for chronic disease management and elder care solutions at home. States like Tamil Nadu, Kerala, Karnataka, and Andhra Pradesh have relatively higher literacy and health awareness levels, which drive adoption of homecare devices such as blood pressure monitors, glucose meters, nebulizers, and mobility aids.

South India is known for its advanced healthcare infrastructure and early adoption of digital health technologies, fostering a supportive ecosystem for home-based care. The presence of leading hospitals, telemedicine services, and home healthcare providers has facilitated a smooth transition from hospital care to home monitoring.

The region also benefits from higher per capita income, urbanization, and a growing middle-class population willing to invest in preventive and long-term care. In addition, Kerala and Tamil Nadu have high rates of lifestyle diseases like diabetes and hypertension, necessitating regular monitoring through home devices. South India’s proactive healthcare culture, strong infrastructure, and favourable socio-economic conditions make it a key driver in the country’s growing homecare medical equipment market.

Some of the major companies operating in the India Homecare Medical Equipment Market include:

·         India Medtronic Pvt Ltd.

·         Johnson & Johnson Medical India Limited

·         Abbott India Limited

·         Becton, Dickinson Private Limited

·         Roche Diagnostics India limited.

·         Wipro GE Healthcare Pvt. Ltd.

·         Mindray Medical India Pvt Ltd.

·         Siemens India, Philips India Ltd.

·         Hitachi Medical Systems India

·         Stryker India Private Limited

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“The growth of India’s medical equipment market is driven by several key factors. Rising healthcare awareness, increasing incidence of chronic diseases, and a growing ageing population are fueling demand for advanced medical devices. Government initiatives like “Make in India” and increased FDI have encouraged local manufacturing and innovation. The expansion of hospitals, diagnostics centers, and home healthcare services further boosts market needs. Technological advancements, including AI and IoT integration, are enhancing device efficiency and usability. The improved healthcare infrastructure, rising medical tourism, and greater insurance penetration are accelerating adoption, making India a rapidly expanding hub for medical equipment and device solutions" said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.

India Homecare Medical Equipment Market by Type (Therapeutic Equipment {Home Respiratory Therapy Equipment, Home IV Equipment, Home Dialysis Equipment, Others}, Patient Monitoring Equipment {Blood Glucose Monitors, Blood Pressure Monitors, Holter Monitors, Peak Flow Meters, Apnea Monitors, Heart Rate Monitors, Baby Monitors, Electronic Thermometers, Others}, Mobility Aids & Patient Support Equipment {Wheelchairs, Walking Assist Devices, Bathroom Safety Equipment, Others}, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others), By Region, Competition, Forecast & Opportunities, 2020-2030", has evaluated the future growth potential of India Homecare Medical Equipment Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide innovative market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Homecare Medical Equipment Market.

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