Durable Medical Equipment (DME) Market Growth, Demand and Challenges of the Key Industry Players 2023-28


MARKETRESEARCH

Uploaded on Mar 4, 2024

Category Business

According to the latest research report by IMARC Group, 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. More Info:- https://www.imarcgroup.com/durable-medical-equipment-market

Category Business

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Durable Medical Equipment (DME) Market Growth, Demand and Challenges of the Key Industry Players 2023-28

Global Durable Medical Equipment (DME) Market Research and Forecast Report 2023-2028 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Acco r d ing t o t he l a t es t r epo r t by I M ARC G r ou p , t i t l e d " Dura b l e M ed i c a l Equ i pm ent ( DM E) M ark e t : G l o ba l I ndus t ry T rend s , S hare , S i z e , G row t h , O pp or t un i t y and For ec as t 2023 - 2028 , " t he g loba l du r a b le m e d ica l eq u ipm en t ( D M E) m ar ke t s i ze r eac hed US$ 2 04 . 2 B i l l i on i n 20 22 . Dur ab le m ed ica l equ ip m en t i s us ed i n c l i n i cs , h osp i t a l s , and hom e ca r e se t t i ng s t o Report p r ov ide a be t t e r q ua l i t y o f l i f e t o pa t i en t s w i t h deb i l i t a t i ng m e d ica l co nd i t i on s , i l l nes ses , o r i n j u r ie s . I t i s cov e r ed i n m a ny i nsu r ance po l i c i e s and i nc lude s i r on Highlight and l ungs , c a t he t e r s , CP AP, hos p i t a l beds , i r on l un gs , ne bu l i ze r s , oxyge n t e n t s , b loo d -t es t i ng s t r i ps and b lood g luco se m on i t o r s , a nd w hee lch a i r s . I t i s f u r n i she d on a r en t a l bas i s f o r a l ong du r a t i o n o r pu r chase d . I t i s p r esc r ib ed by Description a ph ys i c ian o r hea l t hca r e p r o v ide r t o accom m o da t e a p a t i en t ' s t em p or a r y d i sab i l i t y , as i n t h e c ase o f a whee lc ha i r o r c r u t ch es f o r a r ecove r ing pa t i en t , o r as p a r t o f a pa t i en t ' s l ong - t e r m ca r e p lan f o r t he i r ch r on i c o r l i f e - l im i t i ng c ond i t i o n , suc h as a m ec han ic a l ven t i l a t o r f o r a p a t i en t w i t h adv anced l ung d i se ase . Reque st f o r a PDF sam pl e o f t h i s re por t : h t t p s : / / www. im ar c g r ou p . com / du r ab le - m ed ic a l - eq u ipm e n t - m ar ke t / r e ques t sam p le Report Description Gl o b a l D u r ab l e Me d i c a l E q u ip m e n t ( D M E ) M ar k e t T r e n d s : T he g l o b a l m a r k e t i s m a j o r l y d r i v e n b y t he i nc r e a s i n g i n c i d e n ce s o f c a n c e r , c a r d i a c d i so r d e rs , ne u r o l og i c a l c o nd i t i o n s , a n d gy n e c o l og i c a l c o mp l i c a t i on s . I n l i n e w i t h t h i s , b e t te r c o v e r a g e a n d f av o r a b l e r e i mb u r s e me n t p o l i c i e s fo r d u r ab l e me d i c a l eq u i p me n t p r o d uc t s a r e e x pe c t e d t o p os i t i v e l y i n f l u en c e t h e p r o d u c t de m a n d . F u r t he r mo r e , t h e r i s i n g nu m b e r o f e l d e r l y c a r e ce n t e r s d u e to t he e x p an d i n g ge r i a t r i c p o p u l a t i o n b as e a nd i t s s u s c e p t i b i l i t y t o s k e l e t a l , c a rd i a c , a n d n e u r o l o g i c a l c o n d i t i o n s , w h i c h a ug m e n ts t h e n e e d f o r l o ng - t e rm c a re a n d r e c o v e r y , a r e a n t i c i p a t ed t o i nc r e a se t h e d e m a nd f o r D M E p r o d uc t s . Mo r e ov e r , t he i n t r o du c t i o n o f t e c hn o l o g i c a l l y a d v a nc e d p r o d u c t s w i t h i m p ro v e d p a t i e n t c o mf o r t a n d po r t a b i l i t y i s c r e a t i n g a po s i t i v e o u t l o o k f o r t h e m a r ke t . A d d i t i o n a l l y , t h e e sc a l a t i ng p r e f e r e n c e fo r a v a i l i ng p os t - o pe r a t i v e a n d l o n g - t e r m ca r e a t ho m e i s p r o v i d i n g a bo o s t t o t h e m a rk e t . S o me o f t h e o t h e r f ac t o r s d r i v i ng t he ma r k e t e x p an s i o n i nc l u d e c o n t i n u a l t e c h n o l o g i c a l ad v a n ce m e n ts i n D ME , i n f l a t i n g d i s p o s ab l e i n c om e s o f c o ns u m er s , a nd r a p i d a d o p t i on o f h o m e- b a s e d m o n i to r i n g d e v i c e s . L o o k i n g f o rw a r d , t h e m ar k e t i s an t i c ip a t e d t o r e a c h a v a l u e o f U S $ 2 9 4 . 4 B i l l io n b y 2 02 8 , ex h i b i t i n g a C A G R o f 6 .2 % d u r i n g 2 0 2 3 -2 0 2 8 . V i e w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w ww . i m a r c g ro u p . co m / d u ra b l e - m e d i ca l - e q u i p m en t - m ar k e t Breakup by Product: • Personal Mobi l i ty Devices o Wheelchairs o Scooters o Walker and Rol lators o Cranes and Crutches o Door Openers o Others Report • Bathroom Safety Devices and Medical Furniture Segmentation o Commodes and Toi lets o Mattress and Bedding Devices • Monitor ing and Therapeutic Devices o Blood Sugar Monitors o Cont inuous Pass ive Mot ion (CPM) o In fus ion Pumps o Nebul izers o Oxygen Equipment o Cont inuous Posit ive Airway Pressure (CPAP) o Suct ion Pumps o Tract ion Equipment o Others Breakup by End Use: • Hospita l • Nurs ing Homes Report • Home Healthcare Segmentation • Others Breakup by Region: • North Amer ica • Asia-Pacifi c • Europe • Lat in Amer ica • Middle East and Afr ica • ArjoHuntle igh • Becton • Dick inson and Company • General E lectr ic Company Competitive • GF Health Products Inc. • Landscape Hi l l -Rom Services Inc. , • Invacare Corporat ion with Key • Koninkl i jke Ph i l ips NV Players • Medical Device Depot Inc. • Medl ine Industr ies Inc. • Medtronic PLC • Omron Corporat ion • Siemens Health ineers AG (S iemens AG) • Stryker Corporat ion. What was the size of the global Durable Medical Equipment (DME) market in 2022? What is the expected growth rate of the global Durable Medical Equipment (DME) market during 2023-2028? What are the key factors driving the global Durable Key Medical Equipment (DME) market? Questions What has been the impact of COVID-19 on the global Durable Medical Equipment (DME) market? Answered in What is the breakup of the global Durable Medical the Report Equipment (DME) market based on the product? What is the breakup of the global Durable Medical Equipment (DME) market based on the end use? What are the key regions in the global Durable Medical Equipment (DME) market? Who are the key players/companies in the global Durable Medical Equipment (DME) market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l D u r a b l e M e d i c a l E q u i p m e n t ( D M E ) M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y P r o d u c t 6 . 1 P e r s o n a l M o b i l i t y D e v i c e s 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 K e y S e g m e n t s 6 . 1 . 2 . 1 W h e e l c h a i r s 6 . 1 . 2 . 2 S c o o t e r s 6 . 1 . 2 . 3 W a l k e r a n d R o l l a t o r s 6 . 1 . 2 . 4 C r a n e s a n d C r u t c h e s 6 . 1 . 2 . 5 D o o r O p e n e r s 6 . 1 . 2 . 6 O t h e r s 6 . 1 . 3 M a r k e t F o r e c a s t 6 . 2 B a t h r o o m S a f e t y D e v i c e s a n d M e d i c a l F u r n i t u r e 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 K e y S e g m e n t s 6 . 2 . 2 . 1 C o m m o d e s a n d T o i l e t s 6 . 2 . 2 . 2 M a t t r e s s a n d B e d d i n g D e v i c e s 6 . 2 . 3 M a r k e t F o r e c a s t 6 . 3 M o n i t o r i n g a n d T h e r a p e u t i c D e v i c e s 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 K e y S e g m e n t s 6 . 3 . 2 . 1 B l o o d S u g a r M o n i t o r s Table of 6 . 3 . 2 . 2 C o n t i n u o u s P a s s i v e M o t i o n ( C P M ) 6 . 3 . 2 . 3 I n f u s i o n P u m p s 6 . 3 . 2 . 4 N e b u l i z e r s 6 . 3 . 2 . 5 O x y g e n E q u i p m e n t Contents 6 . 3 . 2 . 6 C o n t i n u o u s P o s i t i v e A i r w a y P r e s s u r e ( C P A P ) 6 . 3 . 2 . 7 S u c t i o n P u m p s 6 . 3 . 2 . 8 T r a c t i o n E q u i p m e n t 6 . 3 . 2 . 9 O t h e r s 6 . 3 . 3 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y E n d U s e 7 . 1 H o s p i t a l 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 N u r s i n g H o m e s 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 H o m e H e a l t h c a r e 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : h t t p s : / / w w w. im a rcg ro u p . co m / d u r a b le - m ed i c a l - eq u ip m e n t - m a r ke t / t o c Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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