Tag: Needham
Recall will shift buying preferences, survey finds
August 10, 2021HME News Staff
NEW YORK – Providers expect to permanently shift an average of 56% of their Philips flow generator purchases and an average of 23.1% of their Philips mask purchases to other companies due to the recall, according to Needham’s 3Q21 HME Sleep and Oxygen Survey.
“And ResMed looks likely to be a beneficiary of this share movement,” Needham states. “Over the near-term, respondents expect ResMed’s share of their flow generator purchases to increase by 3.7% and...
Pandemic impacts patient volume, survey says
June 3, 2020HME News Staff
NEW YORK - Respondents report, on average, a 4.1% decline in their sleep resupply business due to the COVID-19 pandemic in the “2Q20 HME Oxygen, Sleep and Complex Rehab Survey by Needham and HME News.”Respondents saw their sleep patient volume increase by 5.5% in the last 12 months before the pandemic and expect their volume to grow by 5% over the next 12 months.“Both of these growth rates are lower than our prior survey results of 15% and 15.3%, respectively,” writes analyst...
Survey predicts nice bump in POC adoption
January 29, 2020HME News Staff
NEW YORK - Portable oxygen concentrators are expected to increase from 23.9% of the ambulatory oxygen market to 28.2% over the next 12 months, according to the results of a new survey from Needham.Respondents expect 11.3% growth in their POC unit purchases over the next 12 months, with Applied Home Healthcare's OxyGo and Inogen's G4 the two highest rated devices, according to the 4Q19 HME Oxygen, Sleep and Complex Rehab Survey of 48 companies.“Inogen looks likely to gain market share,”...
POCs on the rise, survey finds
June 29, 2018HME News Staff
BOSTON - HME providers will continue to increase adoption of portable oxygen concentrators, to the tune of about 30% over the next 12 months, according to a 2Q 2018 survey on oxygen and sleep trends from Needham & Co.Applied Home Healthcare's OxyGo Fit and OxyGo were the highest rated POCs at 5.9 and 5.8 out of 7, followed by Inogen's G4 and G3, both at 5.7, and Respironics' SimplyGo Mini at 5.1.Survey respondents identify an average of 42% of their ambulatory patients as candidates for POCs, a number...
Sleep growth to slow down, according to survey
February 27, 2018HME News Staff
BOSTON - HME providers expect their sleep volume growth to increase over the next 12 months, but at a slower rate than previously reported, according to Needham's “HME Sleep and Oxygen Survey” for the fourth quarter of 2017. Providers expect their sleep volume growth to increase 3% in the next 12 months, according to the latest survey, compared to 5.1%, according to a prior survey. Providers also reported that flow generator prices declined 3% in the last 12 months, compared to 1.8% in...
Respondents report growing pains in sleep market
November 21, 2016HME News Staff
NEW YORK - HME providers report significantly slower patient volume growth for sleep therapy devices in the fourth quarter “HME Sleep and Oxygen Survey” conducted by investment bank Needham & Co. and HME News.Respondents saw sleep patient volume grow 0.8% in the last 12 months, compared to 3.6% in the previous survey period. They expect volume to grow 2.5% in the next 12 months, compared to 6% in the previous survey period.Respondents also indicated that flow generator prices declined...