Durable Medical Equipment Market 2022 Size, Dynamics & Forecast Report to 2030
The global Durable Medical Equipment Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2022-2030. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Durable Medical Equipment market include Invacare Corporation, ArjoHuntleigh, Stryker Corporation, Hill Rom Inc., Drive Medical, GF Health Products Inc., Sunrise Medical, Medline Industries, Carex Health Brands Inc, Becton, Dickinson and Company, General Electric Company, Medtronic PLC, Compass Health Brands, Getinge AB, Resmed Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market
Dynamics
The durable medical equipment (DME) market
was driven by several key factors. The ageing global population and the
prevalence of chronic diseases led to increased demand for DME, which assists
individuals in managing their health conditions and mobility challenges. The
trend towards home healthcare, supported by technological advancements, allowed
patients to receive medical care and monitoring in the comfort of their homes,
boosting the need for user-friendly and connected DME. Surgical procedures also
contributed to demand, as post-operative care often involves the use of
mobility aids and orthopedic devices. Healthcare cost containment strategies,
expanding insurance coverage, and supportive regulatory environments
facilitated greater accessibility to DME. Patients' desire for empowerment and
active health management, as well as innovations in design and functionality,
further fueled the market. Increased awareness of DME's benefits and its
integral role in rehabilitation and elderly care settings also played a role.
The research report covers Porter’s Five
Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These
tools help to get a clear picture of the industry’s structure and evaluate the
competition attractiveness at a global level. Additionally, these tools also
give an inclusive assessment of each segment in the global market of durable
medical equipment. The growth and trends of durable medical equipment industry
provide a holistic approach to this study.
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Market
Segmentation
This section of the durable medical
equipment market report provides detailed data on the segments at country and
regional level, thereby assisting the strategist in identifying the target
demographics for the respective product or services with the upcoming
opportunities.
By
Product
·
Personal Mobility Devices (Wheelchairs, Scooters, Walker And Rollators,
Cranes And Crutches, Door Openers, Other Devices)
·
Bathroom Safety Devices And Medical Furniture (Commodes And Toilets,
Mattress & Bedding Devices)
·
Monitoring And Therapeutic Devices (Blood Sugar Monitors, Continuous
Passive Motion (Cpm), Infusion Pumps Market, Nebulizers, Oxygen Equipment,
Continuous Positive Airway Pressure (Cpap), Suction Pumps, Traction Equipment,
Others Equipment)
By
End Use
·
Hospitals
·
Nursing Homes
·
Home Healthcare
·
Other End-User
Regional
Analysis
This section covers the regional outlook,
which accentuates current and future demand for the Durable Medical Equipment
market across North America, Europe, Asia-Pacific, Latin America, and Middle
East & Africa. Further, the report focuses on demand, estimation, and
forecast for individual application segments across all the prominent regions.
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