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Global Durable Medical Equipment Market Forecast to 2027

 The global durable medical equipment market size is expected to reach USD 305.17 Billion in 2028 at a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Increasing number of disabled care centers and surgical and outpatient services, hospital, and elderly care homes, and major prevalence of cancer, ophthalmic ailments, cardiac disorders, neurological conditions, and gynecological disorders, coupled with rapidly increasing geriatric population, continuous technological advancements in medical equipment manufacturing are some major factors boosting revenue growth of the global durable medical equipment market. Durable medical equipment is designed to manage various medical conditions, illnesses, and offer therapeutic benefits and convenience to patients.

The latest report titled ‘Global Durable Medical Equipment Market,’ published by Emergen Research, provides the reader with a comprehensive view of the global Durable Medical Equipment industry, acquainting them with the latest market trends, industry insights, and market share. The report provides an in-depth investigation of the global market, largely focusing on each segment and sub-segment of the Durable Medical Equipment market.

The market forecasts included in the report are performed by our team of experts and are of great significance as they provide deep insights into various crucial industry parameters. These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period. The market research report contains significant details on the global Durable Medical Equipment market value based on market dynamics and various growth factors. It scrutinizes several key aspects of the market, including the latest technological innovations in the industry, ongoing trends, and developmental opportunities. One of the most vital components of the report is the SWOT analysis, coupled with a detailed overview of the market’s competitive landscape.

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Leading companies profiled in the report are:

Invacare Corporation, GE Healthcare, Stryker Corporation, Hill Rom, Inc., Drive Medical, GF Health Products, Inc., Sunrise Medical, Medline Industries, Inc., Carex Health Brands, Inc., and Intco Medical.

For the purpose of this report, Emergen Research has segmented the global durable medical equipment market based on product type, payers, end-use, and region:

  • Product Type Outlook (Revenue, USD Billion; 2018–2028)
    • Bathroom Safety Devices and Medical Furniture
    • Personal Mobility Devices
    • Monitoring and Therapeutic Devices
  • Payer Outlook (Revenue, USD Billion; 2018–2028)
    • Private
    • Public
    • Out-of-Pocket
  • End-Use Outlook (Revenue, USD Billion; 2018–2028)
    • Clinics
    • Hospitals
    • Long Term Care Centers
    • Home Care Settings
    • Ambulatory Surgical Centers
    • Others

Major Regions Covered in the Durable Medical Equipment Market Report:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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Key Reasons to Buy This Report:

  • The report presents a thorough examination of the Durable Medical Equipment market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
  • The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
  • The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
  • The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.

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A SWOT analysis is performed on the leading companies engaged in the Durable Medical Equipment market to offer a better understanding of the strengths, opportunities, weaknesses, and threats of the leading companies. It also covers production and consumption rate, the volatility of prices and demands, market share, market size, global position, and market position of each player. The report also analyses key elements such as growth trends, concentration area, business expansion strategies, market reach, and other key features that offer companies insightful data to fortify their position in the Durable Medical Equipment industry.

Research Methodology

Data triangulation and market breakdown

Research assumptions Research data including primary and secondary data

Primary data includes breakdown of primaries and key industry insights

Secondary data includes key data from secondary sources

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Durable Medical Equipment Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Durable Medical Equipment Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Durable Medical Equipment Market Segmentation & Impact Analysis

    4.1. Durable Medical Equipment Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Durable Medical Equipment Market indicators analysis

          4.2.2. Durable Medical Equipment Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Durable Medical Equipment Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Durable Medical Equipment products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Durable Medical Equipment Market Revenue Share By Manufacturers

    10.2. Mergers & Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East & Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East & Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Tags: Medical Equipment Market Analysis, Medical Equipment Market Share, Medical Equipment Market Size, Medical Equipment Market revenue

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