Durable Medical Equipment Market Size, Share & Trends Report

Durable Medical Equipment Market Size, Share & Trends Analysis Report By Product (Personal Mobility Devices, Monitoring And Therapeutic Devices), By End Use (Hospitals, Nursing Homes), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-1-68038-084-2
  • Number of Pages: 120
  • Format: Electronic (PDF)
  • Historical Range: 2018 - 2021
  • Industry: Healthcare

Market Segmentation

  • Durable Medical Equipment Product Outlook (Revenue, USD Million, 2018 - 2030)
    • 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
  • Durable Medical Equipment End Use Outlook (Revenue, USD Million; 2018 - 2030)  
    • Hospitals
    • Nursing Homes
    • Home Healthcare
    • Other End-user
  • Durable Medical Equipment Regional Outlook (Revenue, USD Million, 2018 - 2030)
    • North America
      • North America Durable Medical Equipment Market, 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
      • North America Durable Medical Equipment Market, By End Use
        • Hospitals
        • Nursing Homes
        • Home Healthcare
        • Other End-user
      • U.S.
        • U.S. Durable Medical Equipment Market, 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
        • U.S. Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Canada
        • Canada Durable Medical Equipment Market, 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
        • Canada Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
    • Europe
      • Europe Durable Medical Equipment Market, 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
      • Europe Durable Medical Equipment Market, By End Use
        • Hospitals
        • Nursing Homes
        • Home Healthcare
        • Other End-user
      • UK
        • UK Durable Medical Equipment Market, 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
        • UK Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Germany
        • Germany Durable Medical Equipment Market, 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
        • Germany Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • France
        • France Durable Medical Equipment Market, 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
        • France Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Italy
        • Italy Durable Medical Equipment Market, 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
        • Italy Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Spain
        • Spain Durable Medical Equipment Market, 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
        • Spain Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Denmark
        • Denmark Durable Medical Equipment Market, 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
        • Denmark Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Sweden
        • Sweden Durable Medical Equipment Market, 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
        • Sweden Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Norway
        • Norway Durable Medical Equipment Market, 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
        • Norway Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
    • Asia Pacific
      • Asia Pacific Durable Medical Equipment Market, 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
      • Asia Pacific Durable Medical Equipment Market, By End Use
        • Hospitals
        • Nursing Homes
        • Home Healthcare
        • Other End-user
      • Japan
        • Japan Durable Medical Equipment Market, 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
        • Japan Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • China
        • China Durable Medical Equipment Market, 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
        • China Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • India
        • India Durable Medical Equipment Market, 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
        • India Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Australia
        • Australia Durable Medical Equipment Market, 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
        • Australia Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • South Korea
        • South Korea Durable Medical Equipment Market, 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
        • South Korea Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Thailand
        • Thailand Durable Medical Equipment Market, 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
        • Thailand Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
    • Latin America
      • Latin America Durable Medical Equipment Market, 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
      • Latin America Durable Medical Equipment Market, By End Use
        • Hospitals
        • Nursing Homes
        • Home Healthcare
        • Other End-user
      • Brazil
        • Brazil Durable Medical Equipment Market, 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
        • Brazil Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Mexico
        • Mexico Durable Medical Equipment Market, 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
        • Mexico Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Argentina
        • Argentina Durable Medical Equipment Market, 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
        • Argentina Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
    • MEA
      • MEA Durable Medical Equipment Market, 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
      • MEA Durable Medical Equipment Market, By End Use
        • Hospitals
        • Nursing Homes
        • Home Healthcare
        • Other End-user
      • South Africa
        • South Africa Durable Medical Equipment Market, 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
        • South Africa Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Saudi Arabia
        • Saudi Arabia Durable Medical Equipment Market, 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
        • Saudi Arabia Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • UAE
        • UAE Durable Medical Equipment Market, 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
        • UAE Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user
      • Kuwait
        • Kuwait Durable Medical Equipment Market, 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
        • Kuwait Durable Medical Equipment Market, By End Use
          • Hospitals
          • Nursing Homes
          • Home Healthcare
          • Other End-user

Durable Medical Equipment Market Dynamics

Driver: Increasing Prevalence Of Chronic Diseases Requiring Long-Term Care

The prevalence of diseases, such as cancer and neurological, gynecological, ophthalmic, & cardiovascular disorders is increasing every year. The treatment of these disorders may involve surgical interventions, thus resulting in the requirement of long-term care until recovery. Occasionally, a postsurgery patient is immobile for several days. In such cases, durable medical equipment forms a key component in the long-term recovery of the patient. Moreover, neurological disorders, such as Alzheimer’s disease, Parkinson’s disease, and epilepsy, are expected to witness an increasing prevalence over the forecast period. In addition, over 100 types of cancer exist, which require unique therapy and postoperative recovery. According to data published by the Surveillance, Epidemiology, and End Results Program, in 2020, approximately 1.8 million people will be diagnosed and 606,520 people will die due to cancer in the U.S. Moreover, it is anticipated that there will be a 70.0% increase in the number of new cases of cancer in the next couple of decades.

Increasing Penetration Of Home Healthcare Services And Staff

With the rising prevalence of diseases, growing geriatric population, and increasing healthcare expenditure are among the factors driving the market. Home healthcare is a cost-effective option over hospital stays. The below graph highlights the cost-effectiveness associated with home healthcare establishments. Moreover, this is favored by payers as they aim for cost-effective services while receiving quality healthcare services. As mentioned earlier, home healthcare is a cost-efficient option for long-term care of chronic diseases and surgical interventions. Statistics published by the U.S. Bureau of Labor Statistics suggest that home healthcare employment is expected to grow at a rate of 55.0% from 2006 to 2016, thus, the occupation is expected to grow in the future.

Restraints: High Purchase And Maintenance Costs

Durable medical equipment is essential for people with disability to assist them in daily activities and help them participate in the community. However, the cost of durable medical equipment is high and accounts for most government and household expenditures. With technological advancements in devices, the cost of devices is rising. Most durable medical equipment involves servicing and maintenance costs, as these equipment are motorized and have braking systems. The rising cost of durable medical equipment is expected to restrain the market growth. However, several government initiatives and insurance schemes are expected to help overcome this limitation.

Lower Remunerations

Durable medical equipment is primarily used in home healthcare settings and the remuneration of home health & personal aides is lower than other personal care & service workers. The remuneration for durable medical equipment is well below the median for all occupations, which is anticipated to restrain the market growth. However, the presence of low entry barriers for this job (a starting job requires an educational qualification of high school or less) is expected to keep the impact of this restraint at a low level over the forecast period.

What Does This Report Include?

This section will provide insights into the contents included in this durable medical equipment market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Durable medical equipment market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Durable medical equipment market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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