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Jan 27, 2021 (Market Insight Reports) —
Selbyville, Delaware. This report on Durable Medical Equipment (DME) market has keen to several extents of analysis – industry research (global industry trends) and Durable Medical Equipment (DME) market share analysis of topmost companies, along with company profiles, and which cooperatively include about the ultimate views regarding the Durable Medical Equipment (DME) market landscape, emerging and an evolutionary segments of Durable Medical Equipment (DME) market.
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According to a new study the global durable medical equipment (DME) market is anticipated to reach USD 246.6 billion by 2026. Durable Medical Equipment (DME) is provides beneficial benefits to a patient in need because of certain illnesses or/ and medical conditions. The durable medical equipment is primarily used to serve a medical purpose. They can be used at home and they are reusable.
As moving to the next segment Durable Medical Equipment (DME) Market report also evaluates the key opportunities in the market and outlines the factors that are and will be driving the growth of the Durable Medical Equipment (DME) industry. The major vendors in the Durable Medical Equipment (DME) market aggressively focused on enhancing their contributions to meet the business goal.
The technological advancement in medical equipment is one of the key factors responsible for growth of durable equipment market globally. The progress in medical equipment technologies has helped in advance and treatment diagnosis. For example, for blood sugar testing, urine test was used. But these days, introduction of blood glucose strips made easy detection of sugar level in blood. Moreover, rising geriatric population also increases the demand for durable medical equipment. The old people are more susceptible to chronic diseases that require extensive care. According to World Health organization, the number of people aged 60 or above is projected to reach 1.5 billion by 2050. The WHO says, between 2015 and 2050, the proportion of the world’s population over 60 years will almost double from 12% to 22%.
The global durable medical equipment (DME) market is segmented on the basis of device type, end user, and by region. By device type, the global durable medical equipment market is further segmented into three major categories, which includes therapeutic and monitoring devices, personal mobility devices, and medical furniture and bathroom safety devices. The therapeutic and monitoring segment is further segmented into, infusion pumps, nebulizers, blood glucose monitors, oxygen equipment, and other devices. The therapeutic and monitoring segment estimated to grow at high pace during the forecast period. The personal mobility devices segment is further categorized into, Walker and rollators, Scooters, Wheelchairs, Door openers, and other devices. The personal mobility devices are estimated to account major share in global durable medical equipment market in 2017. On the basis of medical furniture and bathroom safety devices, the global durable medical equipment market is further segmented into, Bedding & mattresses devices, and commodes and toilets.
By end user, the global durable medical equipment (DME) market is further sub segmented into Hospitals, specialty clinics, ambulatory surgical centers, diagnostic centers, home healthcare, and others. On the basis of end user, the hospital segmented is expected to hold high share in global durable medical equipment market. The easy availability of medical devices in hospitals is the key factor responsible for high share of the segment in the global durable medical equipment market.
On the basis of geography, the global durable medical equipment market is segmented into five major regions, North America, Europe, Asia Pacific, Latin America, and Middle East& Africa. The North America is estimated to account major share in global durable medical equipment market. The Asia Pacific is expected to grow at high CAGR over the forecast period in the global durable medical equipment market.
The major players in the durable medical equipment (DME) market include as Stryker Corporation, Medtronic plc., Baxter International, Inc., Medline Industries, Inc., Becton, Dickinson and Company, Sunrise Medical (US) LLC, Invacare Corporation, ResMed, Inc., Hill-Rom Holdings, Inc., among other players.
Table of Contents
1 Durable Medical Equipment (DME) Market overview
- Market Introduction
- Research Objectives
- Years Considered
- Market Research Methodology
- Economic Indicators
- Currency Considered
2 Executive Summary
- World Market Overview
- Global Durable Medical Equipment (DME) Consumption analysis and forecast
- Durable Medical Equipment (DME) Consumption CAGR by Region
3 Market Drivers, Challenges and Trends
- Durable Medical Equipment (DME) Market Drivers and Impact
- Growing Demand from Key Regions
- Growing Demand from Key Applications and Potential Industries
- Market Challenges and Impact
- Durable Medical Equipment (DME) Market Trends
4 Marketing, Distributors and Customer
- Sales Channel
- Direct Channels
- Indirect Channels
5 Key Players Analysis
- Company Details
- Durable Medical Equipment (DME) Product Offered
- Main Business Overview
- Product Benchmarking
- Recent Developments and Technological Advancement
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