The India homecare medical equipment market size reached USD 1.38 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.24 Billion by 2033, exhibiting a growth rate (CAGR) of 5.53% during 2025-2033. The rising geriatric population, increasing prevalence of chronic diseases, growing preference for home-based healthcare solutions, advancements in portable medical devices, government support for home healthcare, and expanding telemedicine adoption are impelling market growth.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 1.38 Billion |
Market Forecast in 2033 | USD 2.24 Billion |
Market Growth Rate 2025-2033 | 5.53% |
Growing Demand for Portable and Wearable Medical Devices
The rising demand for home-based healthcare solutions in India is driving the adoption of portable and wearable medical devices, enabling real-time health monitoring and reducing hospital visits. With chronic diseases on the rise, the market for home-use medical devices is expanding rapidly. The prevalence of COPD in India stands at 7.4%, fueling a 20% annual increase in demand for portable oxygen concentrators and CPAP machines from 2023 to 2025. Wearable health monitoring devices, including ECGs, glucose monitors, and blood pressure monitors, are also gaining traction due to the increasing incidence of diabetes and hypertension. Additionally, advancements in AI-powered and IoT-enabled homecare devices are enhancing remote patient management by allowing seamless data sharing with healthcare providers. With India’s digital health market projected to reach US$ 9 billion by 2025, the adoption of connected homecare solutions is set to accelerate, making remote healthcare more efficient and accessible.
Expansion of Telemedicine and Remote Patient Monitoring (RPM) Solutions
Telemedicine and remote patient monitoring (RPM) are transforming India's homecare medical equipment market, enhancing healthcare accessibility, particularly in rural regions. The surge in teleconsultations is fueling the adoption of homecare devices integrated with telehealth platforms, enabling virtual consultations and real-time health tracking. Government initiatives such as the Ayushman Bharat Digital Mission (ABDM) are further accelerating telehealth adoption, improving medical access in remote areas, and boosting demand for home-based monitoring devices. India is facing a rising chronic disease burden, with around 77 million diabetics and 220 million hypertension patients, the demand for RPM-enabled glucose meters, blood pressure monitors, and ECG devices is projected to increase. These trends reflect India’s strategic shift toward digital and portable homecare solutions, making healthcare more efficient, patient-centric, and accessible across diverse demographics.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on type and distribution channel.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes therapeutic equipment, patient monitoring equipment, mobility aids and patient support equipment, and others.
Distribution Channel Insights:
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes hospital pharmacies, retail pharmacies, online pharmacies, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Therapeutic Equipment, Patient Monitoring Equipment, Mobility Aids and Patient Support Equipment, Others |
Distribution Channels Covered | Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: