Durable Medical Equipment Market 2023 | Trends, Share, Growth and Forecast 2028
According to the latest report by IMARC Group “Durable Medical Equipment (DME) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global durable medical equipment (DME) market size reached US$ 204.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 294.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.
Durable medical equipment (DME) refers to equipment that serves a medical purpose and comprises wheelchairs, oxygen equipment, crutches or blood testing strips for diabetics, infusion pumps and supplies, nebulizers, patient lifts, sleep apnea devices and accessories, walkers, and suction pumps. It offers safety while reducing the need for caregiver assistance to the patient. It enables a patient to become independent and assists in monitoring several chronic diseases among individuals. It also aids in improving the mobility of patients suffering from illness and injury while reducing the time period for hospital stays.
Request for a free sample copy of this report: https://www.imarcgroup.com/durable-medical-equipment-market/requestsample
At present, the rising demand for DME due to the increasing incidence of cancers, cardiac disorders, and neurological and gynecological conditions represents one of the primary factors contributing to the market growth. Besides this, the growing demand for home healthcare DME that reduces the long stays in hospitals is offering a positive market outlook. Apart from this, the rising demand for DME among the geriatric population, as they have low-immunity levels and are more prone to various diseases, is positively influencing the market. Moreover, governing agencies of various countries are organizing several preventive healthcare programs, which is bolstering the growth of the market.
Breakup by Product:
- Personal Mobility Devices
- Walker and Rollators
- Cranes and Crutches
- Door Openers
- 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
- Oxygen Equipment
- Continuous Positive Airway Pressure (CPAP)
- Suction Pumps
- Traction Equipment
Breakup by End Use:
- Nursing Homes
- Home Healthcare
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:
- 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
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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.
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal