Global Durable Medical Equipment Market

Durable Medical Equipment Market Surges to USD 221.44 Bn. in 2023, Anticipates Robust 6.1% CAGR Growth by 2030

Asia Pacific region is forecasted to grow at a CAGR of 6.1% in the Durable Medical Equipment Market at highest rate among all regions in the forecast period of 2024-2030.

Durable Medical Equipment Market Report Scope and Research Methodology

The report gives a thorough overview of the Durable Medical Equipment Industry, including the most recent revenue and trends, as well as its definition, overview, and structure. The primary and secondary data have been compiled to ensure that the Durable Medical Equipment market report is accurate and error-free.

The report conducts a thorough analysis of the Durable Medical Equipment market, including valuable insights, facts, historical data, and statistically supported and industry-validated market statistics. The market size was estimated using a bottom-up approach. Secondary research identified key players in the Durable Medical Equipment industry, while primary and secondary research determined their market revenues. Secondary research included a review of Durable Medical Equipment leading players' annual and financial reports, while primary research involved interviews with key opinion leaders and industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals.

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Durable Medical Equipment Market Dynamics : 

The durable medical equipment (DME) market is driven by various factors that is responsible for its growth and advancement. Escalating prevalence of chronic diseases such as cardiovascular ailments, diabetes, respiratory disorders and orthopedic conditions creates a rising demand for DME as these devices provide vital assistance and support in the management and treatment of these chronic illnesses. Global demographic shift towards an aging population significantly contributes to the growth of the DME market.

Durable Medical Equipment Market Segmentation : 

By Product

Personal Mobility Devices
Bathroom Safety Devices
Medical Furniture
Monitoring and Therapeutic Devices

By End-User

Hospitals
Nursing Homes
Home Healthcare
Other

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Durable Medical Equipment Market Key Players

1. Medtronic
2. Philips Healthcare
3. ResMed Inc.
4. Hill-Rom Holdings, Inc.
5. Stryker Corporation
6. Becton, Dickinson and Company (BD)
7. Invacare Corporation
8. 3M Healthcare
9. GE Healthcare
10. Baxter International Inc.
11. Smith & Nephew
12. Abbott Laboratories
13. Johnson & Johnson
14. Fresenius Medical Care
15. Cardinal Health, Inc.

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Durable Medical Equipment Market Regional Insights

The report is divided into several key countries, with market size, growth rate, import and export of Durable Medical Equipment market in these countries, covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.

Key Questions answered in the Durable Medical Equipment Market Report are:

Key Offerings:

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