May 8, 2024

Reach

U.S. Home Medical Equipment Market Expected to Reach $20 Billion By 2027

PALM BEACH, Fla, July 14, 2021 /PRNewswire/ — The home medical equipment market has transformed within recent years, owing to increase in prevalence of various chronic diseases across the globe. Home medical equipment are medical devices that offer safe, convenient, cost-effective, and suitable environment to patients within their home. Further, oxygen-related products in home medical equipment are gaining high adoption, due to significant increase in incidence of chronic obstructive pulmonary disease (COPD) worldwide. Numerous devices are used for patient care at home, for example, infusion pumps, wheelchair, apnea monitors, glucose meters, and cannula. For instance, glucose meters or glucometers

Deloitte: Back-To-School Spending To Reach Highest Level In Years

Deloitte’s 2021 Back-to-School Survey*, found that back-to-school spending at Kindergarten through 12th grade (K-12) will grow 16 percent this year, reaching its highest level in recent years as clarity surrounding the upcoming school year and consumer sentiment rise.

Deloitte joins a chorus of others forecasting a strong rebound in back-to-school selling. In a separate survey, Deloitte found a more modest recovery for back-to-college spending, up 5 percent.

The overall outlook heading into the fall is bright, with 55 percent of K-12 parents and 46 percent of college parents more confident about the economy (up from 17 percent and 14 percent