December 7, 2022

Durable Medical Equipment Market Trends, Share, Growth and Forecast 2021-26

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According to the latest report by IMARC Group “Durable Medical Equipment (DME) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global durable medical equipment (DME) market reached a value of US$ 183.3 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.2% during 2021-2026.

Durable medical equipment refers tonon-disposable instrument utilized in clinics, hospitals, and home care settings to help patients live a better quality of life. It offers various benefits, such as treating an illness or injury and supporting a disabled body part, which is intended for the management of several medical ailments.

Request for a free sample copy of this report: https://www.imarcgroup.com/durable-medical-equipment-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The global durable medical equipment market is primarily driven by the increasing elderly population, who are more prone to disabilities. Along with this, the rising instances of chronic diseases, such as cancer, cardiac disorders, neurological conditions, are also contributing to the market growth. Besides this, the outbreak of coronavirus disease (COVID-19) has escalated the demand for DME to expand the healthcare capacity in healthcare systems across the globe. Moreover, the integration of medical equipment with artificial intelligence (AI) technology, the introduction of various technologically advanced products and rising expenditure on healthcare infrastructure are some of the other factors providing a positive impact on the market growth.

Breakup by Product:

  • Personal Mobility Devices
    • Wheelchairs
    • Scooters
    • Walker and Rollators
    • Cranes and Crutches
    • Door Openers
    • Others
  • Bathroom Safety Devices and Medical Furniture
    • Commodes and Toilets
    • Mattress and Bedding Devices
  • Monitoring and Therapeutic Devices
    • Blood Sugar Monitors
    • Continuous Passive Motion (CPM)
    • Infusion Pumps
    • Nebulizers
    • Oxygen Equipment
    • Continuous Positive Airway Pressure (CPAP)
    • Suction Pumps
    • Traction Equipment
    • Others

Breakup by End Use:

  • Hospital
  • Nursing Homes
  • Home Healthcare
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • ArjoHuntleigh
  • Becton
  • Dickinson and Company
  • General Electric Company
  • GF Health Products Inc.
  • Hill-Rom Services Inc.
  • Invacare Corporation
  • Koninklijke Philips NV
  • Medical Device Depot Inc.
  • Medline Industries Inc.
  • Medtronic PLC
  • Omron Corporation
  • Siemens Healthineers AG (Siemens AG)
  • Stryker Corporation.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/durable-medical-equipment-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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