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

The study is a professional probe into the revenue generated and capacity estimates for the Durable Medical Equipment market for the forecast period 2021 – 2028 empower the business owners to maintain a competitive edge over their rivals.

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, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.

Key players operating in the market 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.

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Durable Medical Equipment market expected to boost the growth of the industry in the coming years.

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

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We provide detailed product mapping and investigation of various market scenarios. Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global Durable Medical Equipment market. This helps us to comprehensively analysis the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition.

Key Questions Answered in the Report:

What is the growth rate of the Durable Medical Equipment market? What is the anticipated market valuation of Durable Medical Equipment industry by 2028?

What are the key growth driving and restraining factors of the Durable Medical Equipment market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Durable Medical Equipment industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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Table of Content

Chapter 1. Methodology & Sources

    1.1. 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. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018-2028

Chapter 3. Key Insights

Chapter 4. Global Durable Medical Equipment Market Segmentation & Impact Analysis

    4.1. Global Durable Medical Equipment Market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growing aging population

                    4.2.2.2. Increasing number of hospitals and elderly care centers.

          4.2.3. Market restraints analysis

                    4.2.3.1. Lack of skilled professionals

                    4.2.3.2. High maintenance cost

    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

Continued…!

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