Durable Medical Equipment Market
                     Durable Medical Equipment Market
Durable Medical Equipment 
Market to 2027 - Global 
Analysis and Forecasts By 
Device Type (Personal 
Mobility Devices and 
Monitoring & Therapeutic 
Devices), End User (Hospitals 
& Clinics, Ambulatory Care 
Centers and Home 
Healthcare) and Geography
Hemophilia Treatment Market 
Current and future Market Scenario
 According to The Insight Partners market research study titled ‘Durable Medical Equipment Market to 2027 – 
Global Analysis and Forecasts by Device Type, End User, and Geography.’ The global durable medical 
equipment market is expected to reach US$ 291.53 Bn in 2027 from US$ 170.89 Bn in 2018.
  The market is forecasted to grow with a CAGR of 6.5% during 2019-2027. The report highlights the trends 
prevalent in the global durable medical equipment market and the factors driving the market along with 
those that act as deterrents to its growth.
 
 The global durable medical equipment market, based on device type, was segmented as, personal mobility 
devices and monitoring & therapeutic devices. In 2018 monitoring & therapeutic devices held the largest 
share of the market, by device type, since they enable efficient diagnosis of medical conditions and also 
help in reducing the patient hospitalization time and also minimizes hospital visits.
 The market for durable medical equipment is expected to grow owing to factors such as the prevalence of 
chronic diseases, increasing elderly population, and rising incidents of road accidents. Also, the rising 
demand for home-based treatments is likely to have a positive impact on the growth of the market in the 
coming years.
Key Findings
Market Insights
Growing Applications of Durable Medical Equipment in Healthcare to Drive Durable Medical Equipment in 
Healthcare Market Growth
Chronic diseases, namely diabetes, heart disease, obesity, and stroke, are the leading causes of death in the 
world and account for most of the nation’s health care costs. According to the report of CDC, in 2018, 
approximately more than 9% of the population has diabetes, a leading cause of kidney failure, lower-limb 
amputations in the US. Also, the data suggest that nearly1.5 million Americans are diagnosed with diabetes 
every year in the US.
As per the European Cardiovascular Disease Statistics 2017, in Europe, cardiovascular disease (CVD) causes 
3.9 million deaths every year. The CVD accounts for 45.0% of all deaths in Europe and 37.0% of all deaths in 
the EU. CVD is the primary reason for death in men and women in all countries. Moreover, as per the 
American Heart Association (AHA) 2019 statistics, 121.5 million adults in the US, which are around half of the 
US adult population, suffer from cardiovascular disease. Therefore, a rise in the incidences of CVDs is likely 
to increase the demand for cardiovascular diagnostic devices, thereby propelling the growth of the durable 
medical equipment market during the forecast period.
Hemophilia Treatment Market 
 
Market Segments
Global Durable Medical  
Equipment Market – By Device 
Type Global Durable Medical 
Personal Mobility Devices Equipment Market – By 
Wheelchairs End User
Scooters Hospitals & Clinics
Ambulatory Surgical 
Centers
Home Healthcare
Hemophilia Treatment Market 
Dominating Segments
 
 The obesity rates have been increasing at a rapid pace across the globe. Factors such as sedentary life and an 
  unhealthy lifestyle are considered to be the significant factors for the rise in the number of obese 
individuals. As per data published by the National Center for Health Statistics (NCHS), the prevalence of 
obesity is expected to be around 39.8%, affecting approximately 93.3 million US adults between the years 
2015 to 2016. The incidence of obesity found to be significantly high among middle-aged adults (42.7%) as 
compared to younger adults (35.7%). The rise in the number of obese population in the United States has led 
to rising healthcare expenditure as well. A 2016 study revealed that obesity costs the United States around 
$149 billion in medical expenses annually. Out of which, financed Medicare and Medicaid programs pay about 
half of the costs.
 Diabetes is a life-threatening disease with no functional cure. It is primarily caused by the body’s inability to 
produce or utilize insulin. Diabetes is among the most common global health casualties of the 21st century. 
The rate of incidence has increased significantly over the years, leading to life-changing complications. As 
per the International Diabetes Federation (IDF), approximately 425 million people around the globe were 
living with diabetes in 2017, and it is expected to reach 629 million by 2045 around the world. Hence, a rise 
in the prevalence of the above mentioned chronic diseases is anticipated to drive market growth during the 
forecast period.
  
Dominating Segments
 Product Insights
 End User-Based Insights
 In terms of end user, the Durable Medical Equipment in healthcare market is segmented into hospitals & clinics, ambulatory 
care centers and home healthcare. In 2018, the hospitals & clinics segment held the largest share of the market.
 Strategic Insights
  
 The Durable Medical Equipment in healthcare market players are adopting the product launch and expansion strategies to 
cater to changing customer demands worldwide, which also allows them to maintain their brand name globally.
 Download PDF Brochure https://www.theinsightpartners.com/sample/TIPRE00005163/
  
Dominating Segments
 Durable Medical Equipment in Healthcare Market – by Device Type
 Personal Mobility Devices
 Wheelchairs
 Scooters
 Walkers & Rollators
 Canes & Crutches
 Other Personal Mobility Devices
 Monitoring & Therapeutic Devices
 Blood Glucose Monitors
 Vital Signs Monitoring Devices
 Infusion Pumps
 Nebulizers
 Oxygen Equipment
 Continuous Positive Airway Pressure (CPAP)
 Cardiovascular Devices
Dominating Segments
 Durable Medical Equipment in Healthcare Market – by End User
 Hospitals & Clinics
 Ambulatory Care Centers
 Home Healthcare
Hemophilia Treatment Market  
Leading Players
 Company Profiles
Invacare Corporation
Medtronic
BD
Hillrom Services Inc.
Medical Depot, Inc
GF HEALTH PRODUCTS, INC.
Sunrise Medical (US) LLC
Medline Industries, Inc.
Koninklijke Philips N.V
ResMed
  REGIONAL FRAMEWORK
REGIONAL FRAMEWORK
  Hemophilia Treatment Market  
 
 
 Hemophilia Treatment Market 
 
 
        
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https://www.theinsightpartners.com/reports/durable-medical-equipment-market
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