Durable Medical Equipment Market Demand, Share, Growth, PESTLE Analysis, Global Industry Overview, 2028

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Growing aging population and increasing adoption of advanced medical equipment in developing countries are key factors driving growth of the global durable medical equipment market

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 Global Durable Medical Equipment Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

Durable medical equipment is segmented into personal mobility devices, bathroom safety devices and medical furniture, monitoring, and therapeutic devices. Personal mobility devices refer to devices that provide mobility to users who are unable to move or walk. This category includes scooters, wheelchairs, walkers, crutches, and canes. Personal mobility devices segment accounted for the largest revenue share in the global market in 2020, which can be attributed to increasing number of elderly patients, care centers, and major prevalence of chronic disorders.

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The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied 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.

Market Segmentation:

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

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End-Use Outlook (Revenue, USD Billion; 2018–2028)

  • Clinics
  • Hospitals
  • Long Term Care Centers
  • Home Care Settings
  • Ambulatory Surgical Centers
  • Others

Regional Bifurcation of the Durable Medical Equipment Market Includes:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report aims to provide a complete analysis of the global Durable Medical Equipment market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Durable Medical Equipment market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.

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Highlights of Table of Contents (TOC):

  • Overview of Global Durable Medical Equipment Market
  • Competitive analysis of the Durable Medical Equipment market
  • Regional analysis of Global Durable Medical Equipment market production and revenue
  • Regional analysis of Global Durable Medical Equipment market supply, consumption, and export import
  • Type-based market analysis of global Durable Medical Equipment production, revenue, and price trends
  • Application-based analysis of the global Durable Medical Equipment market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Durable Medical Equipment market
  • Global Durable Medical Equipment market forecast (2020-2027)
  • Conclusion of the research report
  • Appendix

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About Emergen Research 

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.

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