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

Market Segmentation

• U.S. Durable Medical Equipment Product Outlook (Revenue, USD Million, 2018 - 2030)
  • Personal Mobility Devices
    • Wheelchairs
      • Electric Wheelchairs
      • Manual Wheelchairs
    • Scooters
    • Walker and Rollators
    • Canes and Crutches
    • Door Openers
    • Other Devices
  • Bathroom Safety Devices and Medical Furniture
    • Commodes and Toilets
    • Mattress & Bedding Devices
  • Monitoring and Therapeutic Devices
    • Blood Glucose Monitors
    • Continuous Passive Motion (CPM)
    • Infusion Pumps
    • Nebulizers
    • Oxygen Equipment
    • Continuous Positive Airway Pressure (CPAP)
    • Suction Pumps
    • Traction Equipment
    • Others Equipment
      • Insulin Pumps
      • Ostomy Bags & Accessories
      • Wound Care Products
      • Cardiology Devices
      • Vital Signs Monitor
      • Respiratory Supplies
      • Urinary Supplies
      • Diabetic Supplies
      • Incontinence Products
      • Orthopedic Braces & Support
      • Muscle Stimulators
      • Others
• U.S. Durable Medical Equipment End-use Outlook (Revenue, USD Million, 2018 - 2030)
  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Centers
  • Home Healthcare
  • Others

U.S. Durable Medical Equipment Market Dynamics

Drivers: Increasing Prevalence Of Chronic Diseases Requiring Long Term Care

Every year, cancer, neurological conditions, gynecological, ophthalmic, and cardiac disorders are becoming more prevalent. The treatment of these disorders may require surgical procedures, which increases the demand for surgical intervention, thus resulting in requirement of long-term care until recovery. For instance, the prevalence of cancer is rising, as per statistics published by the WHO. Approximately 8.2 million people die every year from cancer, which accounts for 13.0% of deaths worldwide. Moreover, there is anticipated to be a 70.0% increase in new cancer cases over the next couple of decades. In addition, over 100 types of cancers exist, which require unique therapy and postoperative recovery. Occasionally, a post-surgery patient is immobile for several days. In such cases, DME forms a key component in long-term recovery, offering convenience and support.

Increasing Penetration Of Home Healthcare Services And Staff

Growing healthcare expenditure is a crucial concern, and private players and the government constantly strive to curb these costs. With an ever-increasing prevalence of diseases and a baby boomer population, healthcare expenditure levels are expected to continue to grow during the forecast period. The growth of home healthcare as a cost-effective alternative to hospital stays is expected to serve this market as a key driver over the forecast period. The graph below 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.

Restraints: High Cost Of Dme Devices

Durable medical equipment is essential for people with disability to assist them with daily activities and help them participate in the community. It is one of the basic needs of mobility disabled people. However, mobility equipment costs are high and account for a majority of government and household expenses. With technological advancements in devices, their cost is also rising. Walking aids such as rollators and walkers incur servicing and maintenance costs as they are motorized and have braking systems. Increasing costs of durable medical equipment are expected to restrain the market growth. However, several government initiatives and insurance schemes are expected to help overcome this limitation.

What Does This Report Include?

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

U.S. 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

U.S. 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