GVR Report cover 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

Durable Medical Equipment Market Trends

The global durable medical equipment market size was valued at USD 221.35 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.90% from 2024 to 2030. The prevalence of chronic diseases, such as urological disorders, cancer, cardiovascular disease, neurovascular diseases, and various other chronic conditions, is significantly increasing, leading to a considerable rise in hospital admission rates, thus driving the growth of the durable medical equipment market globally. For instance, as per the WHO, every year, 17 million people die from Non-Communicable Diseases (NCDs) before age 70, and most of these early deaths, around 86%, happen in low- and middle-income countries. Among NCDs, cardiovascular diseases cause the most deaths, affecting 17.9 million people annually. Following closely are cancers (9.3 million), chronic respiratory diseases (4.1 million), and diabetes (2.0 million, which includes deaths from kidney disease caused by diabetes).  

China DME Market size and growth rate, 2024 - 2030

The COVID-19 pandemic disrupted the supply chain of durable medical equipment (DME) due to the lockdown imposed by the government. This has impacted the operations and financial liquidity of market players. The supply chain interruptions have occurred for items such as oxygen equipment, CPAPs and RADs, and nebulizers. The storage of the supply has created complications for the high-risk patients which has further increased the overall demand for the products in the market.

Durable medical equipment helps improve accessibility to perform the task in daily living. DME is covered under Medicare but does not cover disposable items. Medicare Part-B beneficiaries pay 20% of the approved cost of the product and the remaining 80% is paid by Medicare. Better coverage and reimbursement policies for DME products are also likely to help boost the DME market growth. In addition, the rising number of elderly care centers because of the increasing geriatric population base across the globe is projected to drive the DME market further.

Elderly people have low immunity levels and thus, are prone to skeletal, cardiac, and neurological problems, which increases the need for long-term care and recovery. Rising geriatric population is a significant factor propelling the growth of the DME market. As the world's population ages, there is a subsequent increase in the demand for healthcare services and infrastructure to address the unique & evolving healthcare needs of older adults.  According to the WHO data published in 2022, by 2030, one out of every six people worldwide will be 60 years or older. During this period, the number of individuals in this age group will rise from 1 billion in 2020 to 1.4 billion. By 2050, the global population of those aged 60 and above is anticipated to double, reaching 2.1 billion. Moreover, the number of people aged 80 years or older is projected to triple by 2050, reaching a total of 426 million, compared to the figures recorded in 2020. This, in turn, is estimated to augment the demand for DME products over the coming years.

Durable medical equipment plays an important role in long-term care after surgery at home or any other healthcare setting. This is also estimated to propel home medical equipment market growth. On the other hand, stringent regulatory guidelines in developed economies and the lack of skilled professionals for this equipment are said to hinder industry growth.

Market Concentration & Characteristics

The market growth stage is moderate, and pace of the market growth is accelerating. The DME market is characterized by a moderate-to-high degree of growth. Key drivers include the global aging population, prevalence of chronic diseases, and advancements in technology leading to more advance and user-friendly devices. Regulatory compliance, reimbursement policies, and trend towards home healthcare also shape the market dynamics. In addition, emerging trends involve the integration of DME with telehealth solutions and the demand for personalized and customized equipment.

Key strategies implemented by players in DME market are new product launches, expansion, acquisitions, partnerships, and other strategies. In February 2022, Stryker completed the previously announced acquisition of Vocera Communications, Inc. With this acquisition, the company now possesses the capability to wirelessly communicate crucial patient information in near real-time to the Vocera Badge or the nurses' station via Vision, a protocol management dashboard. This integration streamlines workflows, facilitating on-the-go monitoring and presenting significant opportunities for driving innovations and accelerating digital aspirations in healthcare. The acquired capabilities are expected to contribute to market growth, with IoT and connectivity emerging as key drivers in shaping the future of DME market.

Durable Medical Equipment Market Concentration & Characteristics

Degree of Innovation: The durable medical equipment (DME) market is witnessing a substantial degree of innovation driven by rapid technological advancements and the increasing adoption of advanced products, particularly in home care settings. The growing demand for home care services has fueled the development of innovative technologies like artificial intelligence (AI), big data analytics, and remote monitoring within the DME sector. Companies investing significantly in these advanced technologies are gaining a competitive edge, contributing to the overall market growth. The infusion of AI, analytics, and remote monitoring in DME reflects a dynamic landscape that not only meets the evolving healthcare needs but also propels the market forward through continuous advancements and innovations. Such advancements and innovations in DME drive market growth.

Impact of Regulations: The DME market is significantly influenced by stringent quality protocols and regulatory norms enforced by various nations, aimed at ensuring patient safety and data integrity. These regulations have a profound impact on the operational capabilities of companies within the DME sector. Market participants with robust compliance measures and a proven track record of meeting regulatory standards not only enhance patient trust but also gain preference from MedTech sponsors. However, compliance with these rigorous regulations requires substantial resources, posing challenges and acting as a barrier for smaller or newer firms entering the market. The regulatory landscape, while essential for maintaining industry standards, creates a dynamic wherein established entities with a strong regulatory history hold a competitive advantage.

Level of M&A Activities: Companies are actively acquiring development-stage firms to broaden their service portfolios, catering to a larger patient base. Additionally, strategic partnerships with national DME providers under a value-based arrangement align with the goal of enhancing primarily home care services offered to patients nationwide. These collaborative efforts aim to strengthen relationships and improve the implementation of clinical programs pitched towards reducing hospitalizations for members. For instance, in November 2023 Humana Inc., a health and well-being company, has partnered with national organizations Rotech Healthcare Inc. and AdaptHealth Corp. to provide DME services. This collaboration, set to commence on July 1 under a value-based structure which aims to enhance the health support for Humana Medicare Advantage HMO members in their homes. Each national DME provider will serve specific regions of the country, marking a strategic move in the evolving DME market.

Market Highly Fragmentation: The market comprises a large number of medical device manufacturers leads to a highly fragmented market scenario.

Regional Expansion: Companies in the DME market are strategically focusing on regional expansion to capitalize on emerging opportunities and broaden their market presence. This entails establishing a stronger footprint in key geographical areas through partnerships, acquisitions, and localized marketing strategies. By tailoring their products and services to meet regional healthcare needs, DME firms aim to enhance accessibility and responsiveness, ensuring a more comprehensive and effective market penetration. Regional expansion serves as a critical factor for industry leaders to tap into diverse markets, address specific healthcare demands, and ultimately drive sustained growth.

Product Insights

The monitoring and therapeutic devices segment led the market and accounted for 89.35% of the total revenue share in 2023 owing to growing incidence of lifestyle-related diseases, which need vital statistics analysis, and increasing demand for wireless monitoring devices. The market is gaining prominence due to the rising number of health and fitness monitoring applications and devices globally such as wristwatch, fitness band and smart glasses which can monitor heart rate, oxygen, temperature and provide critical health analysis to avoid uncertainty.

The bathroom safety device and medical furniture is expected to witness considerable growth over the analysis period. This is due to the increasing prevalence of obesity and bariatric surgeries worldwide. The introduction of technologically advanced products with supreme patient comfort and portability is expected to fuel the segment growth.

End Use Insights

Hospitals segment dominated the market in 2023 on account of a high volume of patients due to the increasing chronic diseases globally. Hospitals serve as the primary site for handling these disorders since they frequently have access to cutting-edge medical technology and a staff of trained healthcare specialists. In addition, hospitals are taking initiatives to deal with the damages from accidental pullouts. For instance, in January 2022, Sanford Health announced the launch of its first-in-human clinical study of its device to reduce accidental catheter dislodgment. Thus, in turn is expected to drive the segment growth.

Nursing homes are considered to provide the most extensive care that can be offered in a non-hospital setting. Along with the basic line of treatment, nursing homes also offer custodial care, which includes skilled care, such as bathing, dressing, and providing meals. The segment is anticipated to witness a lucrative share over the forecast period on account of the increasing number of these establishments across the globe. Home healthcare is expected to witness the highest growth rate over the forecast period due to the cost-saving approach for the patient to get remote healthcare services.

Global DME Market share and size, 2023

Regional Insights

North America accounted for the highest market share34.83% in 2023. The rapid adoption of advanced equipment in the U.S. has allowed the region to account for a larger market share. The presence of leading manufacturers and quick adoption of advanced products are projected to boost the region’s growth further. The region is continuously developing cost-efficient and advanced devices for the patients to capture a huge share of the market. In addition, the rise in the number of hospitals and the growing geriatric population are factors responsible for the regional market growth.

DME Market Trends, by Region, 2024 - 2030

Furthermore, the strategic focus on market expansion is a significant opportunity in the U.S. durable medical equipment market. This involves capturing revenue synergies by integrating various companies and extending geographic diversification, channel expansion, and enhanced product utilization through market development initiatives. For instance, in October 2023, Numotion officially launched SpinKids, a brand catering to the mobility and equipment needs of the pediatric market. This strategic addition not only enables manufacturers to broaden their capabilities but also provides an additional avenue to serve a wider customer base, contributing to the growth of the DME market.

Asia Pacific is expected to be the fastest-growing region during the forecast period because of the rising target population base with increasing chronic diseases, the need for medical equipment by the patients, and supportive government initiatives. Moreover, economic strides made by countries, such as China, India, and South Korea, coupled with improvements in healthcare infrastructure will contribute to the region’s growth.

  • India DME Market:  Indian market is anticipated to grow at a CAGR of 6.57% over the forecast period. Key factors estimated to drive the market growth are an aging population, increasing prevalence of chronic diseases, and rising healthcare awareness. The market witnessed a surge in demand for technologically advanced and portable medical devices, including home-use equipment. In addition, continued innovation, emphasis on affordability, and strategic collaborations within the industry were key aspects driving the growth of DME market in India.

Key Companies & Market Share Insights

Durable medical equipment market trends are shaping industry leaders strategies. Heavy investments in research and development for technological innovations reflect a commitment to connected healthcare solutions. Top players are adapting to the shift towards home healthcare through strategic partnerships and acquisitions, expanding their offerings for patients seeking accessible solutions. The rise of telehealth services is driving the integration of DME with virtual care platforms, emphasizing a holistic patient management approach. Stringent regulations and evolving reimbursement models are guiding leaders towards compliance and operational efficiency. To stay relevant, market leaders are agilely adjusting their business models to align with the dynamic healthcare landscape, ensuring competitiveness in the rapidly evolving durable medical equipment industry.

Key DME Companies:

  • Invacare Corporation
  • ArjoHuntleigh
  • Stryker Corporation
  • Hill Rom, Inc.
  • Drive Medical
  • GF Health Products, Inc.
  • Sunrise Medical
  • Medline Industries
  • Hill Rom, Inc.
  • Carex Health Brands, Inc
  • Becton, Dickinson and Company
  • General Electric Company
  • Medtronic PLC
  • Compass Health Brands
  • Getinge AB
  • Resmed Inc.

Recent Developments

  • In January 2024,Sunrise Medical has launched the Switch-It Vigo head control, a wireless and proportional alternative drive system designed for power wheelchairs. The system developed by Now Technologies LTD which joined Sunrise Medical in 2022. Vigo allows users to navigate their power wheelchairs and devices with subtle head movements. Its innovative technology has received acclaim in various markets and secured awards, including the 2023 Mobility Product Award in the "Alternative Driving Controls" category from Mobility Management publication. Vigo's addition complements Switch-It's range of advanced controls for power wheelchairs. This strategic move is anticipated to contribute to the increased adoption of durable medical equipment in the near future.

  • In January 2024, Medline introduced the OptiView Transparent Dressing with HydroCore technology as the latest addition to its advanced wound care portfolio. The company aim is to enhance efficiency with tools like OptiView, addressing healing barriers and elevating care standards. Users have reported benefits such as improved treatment and prevention of pressure injuries, along with cost savings due to longer wear time and reduced dressing changes. Thus, due to such advancements, the market is expected to grow in the near future.

  • In October 2023, Home Care Delivered, Inc., successfully acquired Medline Industries, LP's DMEPOS supplier business unit. This strategic acquisition aims to boost HCD's market presence, expand its geographical reach, and broaden its customer base. The move reinforces relationships with patients, healthcare plans, providers, and manufacturers.This strategic move is anticipated to contribute to the increased adoption of durable medical equipment in the near future.

  • In March 2023, GF Health Products, Inc. (Graham-Field) expanded its Sub-Acute Care and Extended Care Beds. The new beds utilize enhanced manufacturing resources, including computer-controlled laser welding, robotic assembly, and an upgraded automated coating line. 

Durable Medical Equipment Market Report Scope

Report Attribute

Details

Market size value in 2024

USD  234.82 billion

Revenue forecast in 2030

USD 331.14 billion

Growth rate

CAGR of 5.90% from 2024 to 2030

Actual data

2018 - 2023

Forecast period

2024 - 2030

Quantitative units

Revenue in USD million and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends, product outlook

Segments covered

Product, End-use, Region

Regional scope

North America, Europe, Asia Pacific, Latin America, MEA

Country Scope

U.S.; Canada; UK; Germany; Italy; France; Spain; Denmark; Sweden; Norway; Japan; China; India; South Korea; Australia; Thailand; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE; Kuwait

Key companies profiled

Invacare Corporation; ArjoHuntleigh; Stryker Corporation; Hill Rom, Inc.; Drive Medical; GF Health Products, Inc.; Sunrise Medical; Medline Industries, Inc.; Carex Health Brands, Inc.

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

Global Durable Medical Equipment Market Report Segmentation

This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the durable medical equipment (DME) market report based on product, end use, and region:

Global DME Market Report Segmentation

  • 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

  • End Use Outlook (Revenue, USD Million; 2018 - 2030)

    • Hospitals

    • Nursing Homes

    • Home Healthcare

    • Other End-user

  • Regional Outlook (Revenue, USD Million; 2018 - 2030)

    • North America

      • U.S.

      • Canada

    • Europe

      • UK

      • Germany

      • France

      • Italy

      • Spain

      • Denmark

      • Sweden

      • Norway

    • Asia Pacific

      • Japan

      • China

      • India

      • Australia

      • South Korea

      • Thailand

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • Middle East and Africa (MEA)

      • South Africa

      • Saudi Arabia

      • UAE

      • Kuwait

Frequently Asked Questions About This Report

Table of Contents

Chapter 1. Durable Medical Equipment Market: Methodology and Scope
                    1.1. Market Segmentation and Scope
                    1.2. Research Methodology
                    1.3. Information Procurement
                    1.4. Information or Data Analysis
                    1.5. Market Formulation & Validation
                    1.6. Model Details
                    1.7. List of Data Sources
Chapter 2. Durable Medical Equipment Market: Executive Summary
                    2.1. Market Outlook
                    2.2. Segment Outlook
                    2.3. Competitive Insights
Chapter 3. Durable Medical Equipment Market: Variables, Trends, & Scope
                    3.1. Market Lineage Outlook
                        3.1.1. Ancillary Market Outlook
                    3.2. Market Dynamics
                        3.2.1. Market Driver Analysis
                            3.2.1.1. Increasing prevalence of chronic diseases requiring long-term care
                            3.2.1.2. Growing geriatric population
                            3.2.1.3. Technological advancements
                        3.2.2. Market Restraint Analysis
                            3.2.2.1. High purchase and maintenance costs
                            3.2.2.2. Lower remunerations
                        3.2.3. Market Opportunity Analysis
                            3.2.3.1. Increasing penetration of home healthcare services and staff
                    3.3. DME Market Analysis Tools
                        3.3.1. Industry Analysis - Porter’s
                            3.3.1.1. Bargaining power of suppliers
                            3.3.1.2. Bargaining power of buyers
                            3.3.1.3. Threat of substitutes
                            3.3.1.4. Threat of new entrants
                            3.3.1.5. Competitive rivalry
                        3.3.2. PESTEL Analysis
                            3.3.2.1. Political & Legal Landscape
                            3.3.2.2. Economic and Social Landscape
                            3.3.2.3. Technological landscape
                        3.3.3. COVID-19 Impact Analysis
                            3.3.3.1. Disrupted DME
                            3.3.3.2. Obstacles in DME
Chapter 4. DME Market: Product Estimates & Trend Analysis
                    4.1. Segment Dashboard
                    4.2. DME Market: Product Movement Analysis & Market Share, 2023 & 2030
                    4.3. Personal Mobility Devices
                        4.3.1. Personal Mobility Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.3.2. Wheelchairs Market
                            4.3.2.1. Wheelchairs Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.3.3. Scooters Market
                            4.3.3.1. Scooters Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.3.4. Walker and Rollators Market
                            4.3.4.1. Walker and Rollators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.3.5. Cranes and Crutches Market
                            4.3.5.1. Cranes and Crutches Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.3.6. Door Openers Market
                            4.3.6.1. Door Openers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.3.7. Other Devices Market
                            4.3.7.1. Other Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    4.4. Bathroom Safety Devices and Medical Furniture
                        4.4.1. Bathroom Safety Devices and Medical Furniture Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.4.2. Commodes and Toilets Market
                            4.4.2.1. Commodes and Toilets Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.4.3. Mattress & Bedding Devices Market
                            4.4.3.1. Mattress & Bedding Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    4.5. Monitoring and Therapeutic Devices
                        4.5.1. Monitoring and Therapeutic Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.5.2. Blood Sugar Monitors Market
                            4.5.2.1. Blood Sugar Monitors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.5.3. Continuous passive motion (CPM) Market
                            4.5.2.1. Commodes and Toilets Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.5.4. Infusion Pumps Market
                            4.5.3.1. Infusion Pumps Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.5.5. Nebulizers Market
                            4.5.4.1. Nebulizers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.5.6. Infusion Pumps Market
                            4.5.5.1. Infusion Pumps Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.5.7. Oxygen Equipment Market
                            4.5.6.1. Oxygen Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.5.8. Continuous Positive Airway Pressure (CPAP) Market
                            4.5.7.1. Continuous Positive Airway Pressure (CPAP) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.5.9. Suction pumps Market
                            4.5.8.1. Suction Pumps Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.5.10. Traction equipment Market
                            4.5.9.1. Traction Equipment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                        4.5.11. Others Market
                            4.5.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. DME Market: End Use Estimates & Trend Analysis
                    5.1. Segment Dashboard
                    5.2. DME Market: Study Design Movement Analysis & Market Share, 2023 & 2030
                    5.3. Hospitals
                        5.3.1. Hospitals Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    5.4. Nursing Homes
                        5.4.1. Nursing Homes Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    5.5. Home Healthcare
                        5.5.1. Home Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
                    5.6. Other End Use
                        5.6.1. Other End Use Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. DME Market: Regional Estimates & Trend Analysis
                    6.1. Regional Outlook
                    6.2. DME Market: Regional Movement Analysis & Market Share, 2023 & 2030
                    6.3. North America
                        6.3.1. North America DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.3.2. U.S.
                            6.3.2.1. Key Country Dynamics
                            6.3.2.2. Competitive Scenario
                            6.3.2.3. Regulatory Scenario
                            6.3.2.4. Reimbursement Scenario
                            6.3.2.5. U.S. DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.3.3. Canada
                            6.3.3.1. Key Country Dynamics
                            6.3.3.2. Competitive Scenario
                            6.3.3.3. Regulatory Scenario
                            6.3.3.4. Reimbursement Scenario
                            6.3.3.5. Canada DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.4. Europe
                        6.4.1. Europe DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.4.2. UK
                            6.4.2.1. Key Country Dynamics
                            6.4.2.2. Competitive Scenario
                            6.4.2.3. Regulatory Scenario
                            6.4.2.4. Reimbursement Scenario
                            6.4.2.5. UK DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.4.3. Germany
                            6.4.3.1. Key Country Dynamics
                            6.4.3.2. Competitive Scenario
                            6.4.3.3. Regulatory Scenario
                            6.4.3.4. Reimbursement Scenario
                            6.4.3.5. Germany DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.4.4. France
                            6.4.4.1. Key Country Dynamics
                            6.4.4.2. Competitive Scenario
                            6.4.4.3. Regulatory Scenario
                            6.4.4.4. Reimbursement Scenario
                            6.4.4.5. France DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.4.5. Italy
                            6.4.5.1. Key Country Dynamics
                            6.4.5.2. Competitive Scenario
                            6.4.5.3. Regulatory Scenario
                            6.4.5.4. Reimbursement Scenario
                            6.4.5.5. Italy DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.4.6. Spain
                            6.4.6.1. Key Country Dynamics
                            6.4.6.2. Competitive Scenario
                            6.4.6.3. Regulatory Scenario
                            6.4.6.4. Reimbursement Scenario
                            6.4.6.5. Spain DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.4.7. Denmark
                            6.4.7.1. Key Country Dynamics
                            6.4.7.2. Competitive Scenario
                            6.4.7.3. Regulatory Scenario
                            6.4.7.4. Reimbursement Scenario
                            6.4.7.5. Denmark DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.4.8. Sweden
                            6.4.8.1. Key Country Dynamics
                            6.4.8.2. Competitive Scenario
                            6.4.8.3. Regulatory Scenario
                            6.4.8.4. Reimbursement Scenario
                            6.4.8.5. Sweden DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.4.9. Norway
                            6.4.9.1. Key Country Dynamics
                            6.4.9.2. Competitive Scenario
                            6.4.9.3. Regulatory Scenario
                            6.4.9.4. Reimbursement Scenario
                            6.4.9.5. Norway DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.5. Asia Pacific
                        6.5.1. Asia Pacific DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.5.2. Japan
                            6.5.2.1. Key Country Dynamics
                            6.5.2.2. Competitive Scenario
                            6.5.2.3. Regulatory Scenario
                            6.5.2.4. Reimbursement Scenario
                            6.5.2.5. Japan DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.5.3. China
                            6.5.3.1. Key Country Dynamics
                            6.5.3.2. Competitive Scenario
                            6.5.3.3. Regulatory Scenario
                            6.5.3.4. Reimbursement Scenario
                            6.5.3.5. China DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.5.4. India
                            6.5.4.1. Key Country Dynamics
                            6.5.4.2. Competitive Scenario
                            6.5.4.3. Regulatory Scenario
                            6.5.4.4. Reimbursement Scenario
                            6.5.4.5. India DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.5.5. South Korea
                            6.5.5.1. Key Country Dynamics
                            6.5.5.2. Competitive Scenario
                            6.5.5.3. Regulatory Scenario
                            6.5.5.4. Reimbursement Scenario
                            6.5.5.5. South Korea DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.5.6. Australia
                            6.5.6.1. Key Country Dynamics
                            6.5.6.2. Competitive Scenario
                            6.5.6.3. Regulatory Scenario
                            6.5.6.4. Reimbursement Scenario
                            6.5.6.5. Australia DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.5.7. Thailand
                            6.5.7.1. Key Country Dynamics
                            6.5.7.2. Competitive Scenario
                            6.5.7.3. Regulatory Scenario
                            6.5.7.4. Reimbursement Scenario
                            6.5.7.5. Thailand DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.6. Latin America
                        6.6.1. Latin America DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.6.2. Brazil
                            6.6.2.1. Key Country Dynamics
                            6.6.2.2. Competitive Scenario
                            6.6.2.3. Regulatory Scenario
                            6.6.2.4. Reimbursement Scenario
                            6.6.2.5. Brazil DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.6.3. Mexico
                            6.6.3.1. Key Country Dynamics
                            6.6.3.2. Competitive Scenario
                            6.6.3.3. Regulatory Scenario
                            6.6.3.4. Reimbursement Scenario
                            6.6.3.5. Mexico DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.6.4. Argentina
                            6.6.4.1. Key Country Dynamics
                            6.6.4.2. Competitive Scenario
                            6.6.4.3. Regulatory Scenario
                            6.6.4.4. Reimbursement Scenario
                            6.6.4.5. Argentina DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                    6.7. Middle East & Africa
                        6.7.1. Middle East & Africa DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.7.2. South Africa
                            6.7.2.1. Key Country Dynamics
                            6.7.2.2. Competitive Scenario
                            6.7.2.3. Regulatory Scenario
                            6.7.2.4. Reimbursement Scenario
                            6.7.2.5. South Africa DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.7.3. Saudi Arabia
                            6.7.3.1. Key Country Dynamics
                            6.7.3.2. Competitive Scenario
                            6.7.3.3. Regulatory Scenario
                            6.7.3.4. Reimbursement Scenario
                            6.7.3.5. Saudi Arabia DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.7.4. UAE
                            6.7.4.1. Key Country Dynamics
                            6.7.4.2. Competitive Scenario
                            6.7.4.3. Regulatory Scenario
                            6.7.4.4. Reimbursement Scenario
                            6.7.4.5. UAE DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
                        6.7.5. Kuwait
                            6.7.5.1. Key Country Dynamics
                            6.7.5.2. Competitive Scenario
                            6.7.5.3. Regulatory Scenario
                            6.7.5.4. Reimbursement Scenario
                            6.7.5.5. Kuwait DME Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
                    7.1. Market Participant Categorization
                    7.2. Key Company Profiles
                        7.2.1. Invacare Corporation
                            7.2.1.1. Company Overview
                            7.2.1.2. Financial Performance
                            7.2.1.3. Product Benchmarking
                            7.2.1.4. Strategic Initiatives
                        7.2.2. ArjoHuntleigh
                            7.2.2.1. Company Overview
                            7.2.2.2. Financial Performance
                            7.2.2.3. Product Benchmarking
                            7.2.2.4. Strategic Initiatives
                        7.2.3. Stryker Corporation
                            7.2.3.1. Company Overview
                            7.2.3.2. Financial Performance
                            7.2.3.3. Product Benchmarking
                            7.2.3.4. Strategic Initiatives
                        7.2.4. Hill Rom, Inc.
                            7.2.4.1. Company Overview
                            7.2.4.2. Financial Performance
                            7.2.4.3. Product Benchmarking
                            7.2.4.4. Strategic Initiatives
                        7.2.5. Drive Medical
                            7.2.5.1. Company Overview
                            7.2.5.2. Financial Performance
                            7.2.5.3. Product Benchmarking
                            7.2.5.4. Strategic Initiatives
                        7.2.6. GF Health Products, Inc.
                            7.2.6.1. Company Overview
                            7.2.6.2. Financial Performance
                            7.2.6.3. Product Benchmarking
                            7.2.6.4. Strategic Initiatives
                        7.2.7. Sunrise Medical
                            7.2.7.1. Company Overview
                            7.2.7.2. Financial Performance
                            7.2.7.3. Product Benchmarking
                            7.2.7.4. Strategic Initiatives
                        7.2.8. Medline Industries
                            7.2.8.1. Company Overview
                            7.2.8.2. Financial Performance
                            7.2.8.3. Product Benchmarking
                            7.2.8.4. Strategic Initiatives
                        7.2.9. Hill Rom, Inc.
                            7.2.9.1. Company Overview
                            7.2.9.2. Financial Performance
                            7.2.9.3. Product Benchmarking
                            7.2.9.4. Strategic Initiatives
                        7.2.10. Carex Health Brands, Inc
                            7.2.10.1. Company Overview
                            7.2.10.2. Financial Performance
                            7.2.10.3. Product Benchmarking
                            7.2.10.4. Strategic Initiatives
                        7.2.11. Becton, Dickinson and Company
                            7.2.11.1. Company Overview
                            7.2.11.2. Financial Performance
                            7.2.11.3. Product Benchmarking
                            7.2.11.4. Strategic Initiatives
                        7.2.12. General Electric Company
                            7.2.12.1. Company Overview
                            7.2.12.2. Financial Performance
                            7.2.12.3. Product Benchmarking
                            7.2.12.4. Strategic Initiatives
                        7.2.13. Medtronic PLC
                            7.2.13.1. Company Overview
                            7.2.13.2. Financial Performance
                            7.2.13.3. Product Benchmarking
                            7.2.13.4. Strategic Initiatives
                        7.2.14. Compass Health Brands
                            7.2.14.1. Company Overview
                            7.2.14.2. Financial Performance
                            7.2.14.3. Product Benchmarking
                            7.2.14.4. Strategic Initiatives
                        7.2.15. Getinge AB
                            7.2.15.1. Company Overview
                            7.2.15.2. Financial Performance
                            7.2.15.3. Service Benchmarking
                            7.2.15.4. Strategic Initiatives
                        7.2.16. Resmed Inc.
                            7.2.16.1. Company Overview
                            7.2.16.2. Financial Performance
                            7.2.16.3. Product Benchmarking
                            7.2.16.4. Strategic Initiatives
                    7.3. Heat Map Analysis/ Company Market Position Analysis
                    7.4. Estimated Company Market Share Analysis, 2022
                    7.5. List of Other Key Market Players


List of Tables

Table 1 List of Secondary Sources
Table 2 List of Abbreviations
Table 3 Global DME Market, by Product, 2018 - 2030 (USD Million)
Table 4 Global DME Market, by End Use, 2018 - 2030 (USD Million)
Table 5 Global DME Market, by Region, 2018 - 2030 (USD Million)
Table 6 North America DME Market, by Country, 2018 - 2030 (USD Million)
Table 7 North America DME Market, by Product, 2018 - 2030 (USD Million)
Table 8 North America DME Market, by End Use, 2018 - 2030 (USD Million)
Table 9 U.S. DME Market, by Product, 2018 - 2030 (USD Million)
Table 10 U.S. DME Market, by End Use, 2018 - 2030 (USD Million)
Table 11 Canada DME Market, by Product, 2018 - 2030 (USD Million)
Table 12 Canada DME Market, by End Use, 2018 - 2030 (USD Million)
Table 13 Europe DME Market, by Country, 2018 - 2030 (USD Million)
Table 14 Europe DME Market, by Product, 2018 - 2030 (USD Million)
Table 15 Europe DME Market, by End Use, 2018 - 2030 (USD Million)
Table 16 Germany DME Market, by Product, 2018 - 2030 (USD Million)
Table 17 Germany DME Market, by End Use, 2018 - 2030 (USD Million)
Table 18 UK DME Market, by Product, 2018 - 2030 (USD Million)
Table 19 UK DME Market, by End Use, 2018 - 2030 (USD Million)
Table 20 France DME Market, by Product, 2018 - 2030 (USD Million)
Table 21 France DME Market, by End Use, 2018 - 2030 (USD Million)
Table 22 Italy DME Market, by Product, 2018 - 2030 (USD Million)
Table 23 Italy DME Market, by End Use, 2018 - 2030 (USD Million)
Table 24 Spain DME Market, by Product, 2018 - 2030 (USD Million)
Table 25 Spain DME Market, by End Use, 2018 - 2030 (USD Million)
Table 26 Denmark DME Market, by Product, 2018 - 2030 (USD Million)
Table 27 Denmark DME Market, by End Use, 2018 - 2030 (USD Million)
Table 28 Sweden DME Market, by Product, 2018 - 2030 (USD Million)
Table 29 Sweden DME Market, by End Use, 2018 - 2030 (USD Million)
Table 30 Norway DME Market, by Product, 2018 - 2030 (USD Million)
Table 31 Norway DME Market, by End Use, 2018 - 2030 (USD Million)
Table 32 Asia Pacific DME Market, by Country, 2018 - 2030 (USD Million)
Table 33 Asia Pacific DME Market, by Product, 2018 - 2030 (USD Million)
Table 34 Asia Pacific DME Market, by End Use, 2018 - 2030 (USD Million)
Table 35 China DME Market, by Product, 2018 - 2030 (USD Million)
Table 36 China DME Market, by End Use, 2018 - 2030 (USD Million)
Table 37 Japan DME Market, by Product, 2018 - 2030 (USD Million)
Table 38 Japan DME Market, by End Use, 2018 - 2030 (USD Million)
Table 39 India DME Market, by Product, 2018 - 2030 (USD Million)
Table 40 India DME Market, by End Use, 2018 - 2030 (USD Million)
Table 41 South Korea DME Market, by Product, 2018 - 2030 (USD Million)
Table 42 South Korea DME Market, by End Use, 2018 - 2030 (USD Million)
Table 43 Australia DME Market, by Product, 2018 - 2030 (USD Million)
Table 44 Australia DME Market, by End Use, 2018 - 2030 (USD Million)
Table 45 Thailand DME Market, by Product, 2018 - 2030 (USD Million)
Table 46 Thailand DME Market, by End Use, 2018 - 2030 (USD Million)
Table 47 Latin America DME Market, by Country, 2018 - 2030 (USD Million)
Table 48 Latin America DME Market, by Product, 2018 - 2030 (USD Million)
Table 49 Latin America DME Market, by End Use, 2018 - 2030 (USD Million)
Table 50 Brazil DME Market, by Product, 2018 - 2030 (USD Million)
Table 51 Brazil DME Market, by End Use, 2018 - 2030 (USD Million)
Table 52 Mexico DME Market, by Product, 2018 - 2030 (USD Million)
Table 53 Mexico DME Market, by End Use, 2018 - 2030 (USD Million)
Table 54 Argentina DME Market, by Product, 2018 - 2030 (USD Million)
Table 55 Argentina DME Market, by End Use, 2018 - 2030 (USD Million)
Table 56 Middle East & Africa DME Market, by Country, 2018 - 2030 (USD Million)
Table 57 Middle East & Africa DME Market, by Product, 2018 - 2030 (USD Million)
Table 58 Middle East & Africa DME Market, by End Use, 2018 - 2030 (USD Million)
Table 59 South Africa DME Market, by Product, 2018 - 2030 (USD Million)
Table 60 South Africa DME Market, by End Use, 2018 - 2030 (USD Million)
Table 61 UAE DME Market, by Product, 2018 - 2030 (USD Million)
Table 62 UAE DME Market, by End Use, 2018 - 2030 (USD Million)
Table 63 Kuwait DME Market, by Product, 2018 - 2030 (USD Million)
Table 64 Kuwait DME Market, by End Use, 2018 - 2030 (USD Million)
Table 65 Participant’s Overview
Table 66 Financial Performance
Table 67 Service Benchmarking
Table 68 Strategic Initiatives


List of Figures

Fig. 1 Information Procurement
Fig. 2 Primary Research Pattern
Fig. 3 Market Research Approaches
Fig. 4 Value Chain-Based Sizing & Forecasting
Fig. 5 Market Formulation & Validation
Fig. 6 DME Market, Market Segmentation
Fig. 7 Market Driver Relevance Analysis (Current & Future Impact)
Fig. 8 Market Restraint Relevance Analysis (Current & Future Impact)
Fig. 9 Market Challenge Relevance Analysis (Current & Future Impact)
Fig. 10 SWOT Analysis, By Factor (Political & Legal, Economic and Technological)
Fig. 11 Porter’s Five Forces Analysis
Fig. 12 Regional Marketplace: Key Takeaways
Fig. 13 Global DME Market, for Personal Mobility Devices, 2018 - 2030 (USD Million)
Fig. 14 Global DME Market, for Wheelchairs, 2018 - 2030 (USD Million)
Fig. 15 Global DME Market, for Scooters, 2018 - 2030 (USD Million)
Fig. 16 Global DME Market, for Walker and Rollators, 2018 - 2030 (USD Million)
Fig. 17 Global DME Market, for Cranes and Crutches, 2018 - 2030 (USD Million)
Fig. 18 Global DME Market, for Door Openers, 2018 - 2030 (USD Million)
Fig. 19 Global DME Market, for Other Device, 2018 - 2030 (USD Million)
Fig. 20 Global DME Market, for Bathroom Safety Devices and Medical Furniture, 2018 - 2030 (USD Million)
Fig. 21 Global DME Market, for Commodes and Toilets, 2018 - 2030 (USD Million)
Fig. 22 Global DME Market, for Mattress & Bedding Devices, 2018 - 2030 (USD Million)
Fig. 23 Global DME Market, for Monitoring and Therapeutic Devices, 2018 - 2030 (USD Million)
Fig. 24 Global DME Market, for Blood sugar monitors, 2018 - 2030 (USD Million)
Fig. 25 Global DME Market, for Continuous passive motion (CPM), 2018 - 2030 (USD Million)
Fig. 26 Global DME Market, for Infusion pumps, 2018 - 2030 (USD Million)
Fig. 27 Global DME Market, for Nebulizers, 2018 - 2030 (USD Million)
Fig. 28 Global DME Market, for Oxygen equipment, 2018 - 2030 (USD Million)
Fig. 29 Global DME Market, for Continuous Positive Airway Pressure (CPAP), 2018 - 2030 (USD Million)
Fig. 30 Global DME Market, for Suction pumps, 2018 - 2030 (USD Million)
Fig. 31 Global DME Market, for Traction equipment, 2018 - 2030 (USD Million)
Fig. 32 Global DME Market, for Others equipment, 2018 - 2030 (USD Million)
Fig. 33 Global DME Market, for Hospitals, 2018 - 2030 (USD Million)
Fig. 34 Global DME Market, for Nursing Homes, 2018 - 2030 (USD Million)
Fig. 35 Global DME Market, for Home Healthcare, 2018 - 2030 (USD Million)
Fig. 36 Global DME Market, for Other End-user, 2018 - 2030 (USD Million)
Fig. 37 Regional Outlook, 2021 & 2030
Fig. 38 North America DME Market, 2018 - 2030 (USD Million)
Fig. 39 U.S. DME Market, 2018 - 2030 (USD Million)
Fig. 40 Canada DME Market, 2018 - 2030 (USD Million)
Fig. 41 Europe DME Market, 2018 - 2030 (USD Million)
Fig. 42 Germany DME Market, 2018 - 2030 (USD Million)
Fig. 43 UK DME Market, 2018 - 2030 (USD Million)
Fig. 44 France DME Market, 2018 - 2030 (USD Million)
Fig. 45 Italy DME Market, 2018 - 2030 (USD Million)
Fig. 46 Spain DME Market, 2018 - 2030 (USD Million)
Fig. 47 Denmark DME Market, 2018 - 2030 (USD Million)
Fig. 48 Sweden DME Market, 2018 - 2030 (USD Million)
Fig. 49 Norway DME Market, 2018 - 2030 (USD Million)
Fig. 50 Asia Pacific DME Market, 2018 - 2030 (USD Million)
Fig. 51 Japan DME Market, 2018 - 2030 (USD Million)
Fig. 52 China DME Market, 2018 - 2030 (USD Million)
Fig. 53 India DME Market, 2018 - 2030 (USD Million)
Fig. 54 Australia DME Market, 2018 - 2030 (USD Million)
Fig. 55 South Korea DME Market, 2018 - 2030 (USD Million)
Fig. 56 Thailand DME Market, 2018 - 2030 (USD Million)
Fig. 57 Latin America DME Market, 2018 - 2030 (USD Million)
Fig. 58 Brazil DME Market, 2018 - 2030 (USD Million)
Fig. 59 Mexico DME Market, 2018 - 2030 (USD Million)
Fig. 60 Argentina DME Market, 2018 - 2030 (USD Million)
Fig. 61 Middle East and Africa DME Market, 2018 - 2030 (USD Million)
Fig. 62 South Africa DME Market, 2018 - 2030 (USD Million)
Fig. 63 Saudi Arabia DME Market, 2018 - 2030 (USD Million)
Fig. 64 UAE DME Market, 2018 - 2030 (USD Million)
Fig. 65 Kuwait DME Market, 2018 - 2030 (USD Million)

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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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Research Methodology

A three-pronged approach was followed for deducing thedurable medical equipment market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process fordurable medical equipment market to gather the most reliable and current information possible.

  • We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
  • We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
  • We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
  • We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
  • We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods ofdurable medical equipment market data depending on the type of information we’re trying to uncover in our research.

  • Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

  • Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

  • Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

  • Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

  • Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

  • Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

  • This step also entails the finalization of the report scope and data representation pattern.

  • Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Durable Medical Equipment Market Categorization:

Thedurable medical equipment market was categorized into three segments, namely product (Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices), end-use (Hospitals, Nursing Homes, Home Healthcare), and region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Segment Market Methodology:

Thedurable medical equipment market was segmented into product, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

  • Demand estimation of each product across countries/regions summed up to from the total market.

  • Variable analysis for demand forecast.

  • Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

  • Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

  • Used extensively for new product forecasting or analyzing penetration levels.

  • Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

  • Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

  • This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

Thedurable medical equipment market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into twenty-three countries, namely, the U.S.; Canada; the UK; Germany; Italy; France; Spain; Denmark; Sweden; Norway; Japan; China; India; South Korea; Australia; Thailand; Brazil; Mexico; Argentina; South Africa; Saudi Arabia; UAE; Kuwait.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Durable medical equipment market companies & financials:

Thedurable medical equipment market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

  • BAXTER INTERNATIONAL, INC. - Baxter International, Inc. offers a broad portfolio of sterile intravenous solutions, acute & chronic dialysis therapies, parenteral nutrition therapies, infusion systems & devices, generic injectable pharmaceuticals, inhaled anesthetics, and surgical hemostat & sealant products. The company operates in more than 100 countries in North America, Europe, APAC, Latin America, and MEA. Its major customers include hospitals, nursing homes, kidney dialysis centers, and rehabilitation centers.

  • INVACARE CORPORATION - Invacare Corporation has core competencies in long-term and home-care medical products. The company distributes and manufactures nonacute medical equipment and respiratory products. It has a distribution network in 80 locations worldwide. Various acquisitions and product development initiatives have helped the company boost its market share. The company has gained popularity by introducing innovative products such as motorized wheelchairs with computerized controls in the market.

  • SUNRISE MEDICAL - Sunrise Medical is a medical device company that develops, designs, manufactures, and distributes electric-powered wheelchairs, manual wheelchairs, seating & positioning systems, and motorized scooters. The company operates in the U.S., UK, Germany, Mexico, China, and Spain. The company’s products are marketed under various proprietary brands such as Breezy, JAY, Quickie, Sopur, Sterling, and Zippie, which are sold across more than 130 countries through the homecare medical product dealers’ network.

  • ARJO - Getinge Group is a Swedish medical technology company founded in 1904. ArjoHuntleigh is subsidiary of Getinge Group catering to the extended patient care devices segment. The company offers products across various segments including patient transfer solutions, therapeutic support systems, medical beds, hygiene systems, vascular therapy, disinfectant products, clinical couches, and diagnostic products. Moreover, the company offers services such as assessment services, rentals, technical services, and architectural services.

  • HILL-ROM SERVICES INC. - Hill-Rom Services is a manufacturer & provider of healthcare technologies and medical services for the industry. The company offers medical equipment rentals, information technology solutions, surgical products, and noninvasive therapeutic products for a variety of acute & chronic medical conditions, safe mobility & handling, and patient care systems. The company was established in 1929 and has a wide range of products & service offerings that are used in hospitals, home care settings, and extended care facilities. The company along with healthcare providers caters to more than 100 countries in the fields of advancing mobility, patient monitoring & diagnostics, wound care & prevention, surgical safety & efficiency, and respiratory health.

  • STRYKER - Stryker offers products and services related to medical, surgical, orthopedics, spine, and neurotechnology fields. Its product offerings include patient handling equipment, Emergency Medical Services (EMS) & evacuation equipment; powered surgical instruments, joint replacement solutions; trauma products; micro & spine implant systems, orthobiologics, endoscopic products, and surgical navigation systems. The company has a presence in more than 100 countries around the world.

  • MEDLINE INDUSTRIES, INC. - Medline Industries, Inc. is a medical device company that specializes in manufacturing and distribution of medical supplies & medical devices. The company offers products in nursing & patient care, wound & skin care, central sterile equipment, furnishing, gloves, infection prevention, lab supplies & diagnostics, linen & cleaning supplies, patient apparel, perioperative supplies, pharmaceutical & nutrition, respiratory care, and incontinence care. The company provides durable medical equipment such as bath safety, transfer equipment, walking aids, and wheelchairs.

  • NUMOTION - Numotion is one of the leading suppliers of Complex Rehab Technology (CRT) in the U.S. The company offers manual & powered wheelchairs, as well as disposable medical supplies. It serves more than 250,000 people from about 140 locations across the U.S.

  • MEDICAL DEVICE DEPOT, INC. - Medical Device Depot, Inc. is a U.S.-based company engaged in the marketing of medical equipment to physicians and other healthcare professionals. The company supplies medical, dental, and hospital supplies to customers in the country. Its product portfolio includes surgical instruments, apparatus, and other medical equipment. In addition, the company distributes products to rehabilitation centers and athletic departments.

  • GF HEALTH PRODUCTS INC. - GF HEALTH PRODUCTS, INC. ("Graham-Field") is a manufacturer of medical equipment & products. The company has a wide product range of over 50,000 devices that are used in extended care facilities, hospitals, clinics, and home care facilities. It is a manufacturer & distributor of medical equipment in Central, North, and Latin America, Europe, and Asia. The company deals with key brands such as Lumex, John Bunn, Everest & Jennings, Basic American/Simmons Clinical Care, Labtron, and Grafco. The company provides manual power & folding wheelchairs, healthcare seating products, beds, and patient room furnishing & respiratory products.

Value chain-based sizing & forecasting

Supply Side Estimates

  • Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

  • Segment revenue determination via variable analysis and penetration modeling.

  • Competitive benchmarking to identify market leaders and their collective revenue shares.

  • Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

  • Identifying parent markets and ancillary markets

  • Segment penetration analysis to obtain pertinent

  • revenue/volume

  • Heuristic forecasting with the help of subject matter experts

  • Forecasting via variable analysis

Durable Medical Equipment Market Report Objectives:

  • Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

  • Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

  • Understanding market estimates and forecasts (with the base year as 2023, historic information from 2018 to 2023, and forecast from 2024 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Durable Medical Equipment Market Report Assumptions:

  • The report provides market value for the base year 2023 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

  • The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

  • We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

  • All market estimates and forecasts have been validated through primary interviews with the key industry participants.

  • Inflation has not been accounted for to estimate and forecast the market.

  • Numbers may not add up due to rounding off.

  • Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

  • Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

  • Latin America includes Central American countries and the South American continent

  • Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

  • Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

  • Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.

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