Competitive Landscape Of Top 50 U.S. Durable Medical Equipment Players

U.S. DME Market

The U.S. DME market size was estimated at USD 63.14 billion in 2023 and is projected to grow at a CAGR of 5.63% from 2024 to 2030. The increasing geriatric population and the growing focus of industry participants on developing novel products contribute to the market growth. For instance, in May 2024, Medline introduced the Hudson RCI TurboMist small volume nebulizer to help people suffering from respiratory diseases. Many industry participants consider it the fastest small volume nebulizer on the market. In April 2022, Abbott, Ypsomed, and CamDiab collaborated to develop an automated insulin delivery system for helping people with diabetes. These innovative product launches will propel market growth in the coming decade.

Experts expect a significant increase in the demand for home healthcare services due to the growing number of older individuals and the lower costs associated with home care. The increasing prevalence of chronic conditions is another major factor expected to drive the demand for home healthcare. Furthermore, companies operating in the durable medical equipment market are working on developing equipment and devices that can be easily used in home care settings. For instance, in May 2024, CURLIN 8000 Ambulatory Infusion System from Moog Inc. obtained U.S. FDA 510(k) clearance. This infusion system has a specific design that allows for convenient use in home infusion settings. Such approvals from the regulatory authorities for home healthcare medical devices are expected to drive market growth. 

Market Share Analysis For Top U.S. DME Players

Some of the key players in DME market are Invacare Corporation; Sunrise Medical; Arjo; Cardinal Health; Medline Industries, Inc.; and Carex Health Brands. The development of new products, collaborations, and mergers & acquisitions are among the key initiatives undertaken by players in this industry. For instance, in January 2024, Sunrise Medical announced the launch of QUICKIE Q50 R Carbon, the lightest folding power wheelchair in the QUICKIE lineup, weighing just 32 lbs. This compact and easily transportable wheelchair is designed for effortless storage and maneuverability, offering an ideal solution for individuals who wish to stay active & independent without the hassle of a bulky & heavy mobility device.

To stay competitive, companies must focus on offering innovative products and vying for market share in the intense durable medical equipment market. Companies must stay competitive and focus on innovation to maintain their position in the booming market, which poses a significant challenge for industry participants. Established players such as Stryker, Arjo, Invacare Corporation, and Baxter are operating in the market. In addition, emerging players, such as WHILL Inc. and Afon Technology Ltd. offer innovative, durable equipment in the U.S. market. The presence of established players makes it challenging for emerging players to gain market share.

Recent Initiatives By Market Leaders Include

• In March 2024, Medline Industries, Inc. successfully gained the manufacturing rights and intellectual property for AG Cuffill from Hospitech Respiration Ltd. This compact, user-friendly device, resembling a syringe, offers a precise solution for measuring both the pressure and volume of airway cuffs across various clinical settings.

• In January 2024, Sunrise Medical launched the Switch-It Vigo head control. This wireless, proportional device enables users to manage their power wheelchairs and other equipment through subtle and intuitive head movements.

• In April 2024, GE Healthcare announced that its Portrait VSM vital signs monitor received 510(k) clearance from the U.S. FDA. 

Key 50 U.S. DME Players

1. Invacare Corporation
2. Sunrise Medical
3. Arjo
4. Medline Industries, Inc.
5. GE HealthCare
6. GF Healthcare Products, Inc.
7. Carex Health Brands, Inc.
8. Cardinal Health
9. Drive DeVilbiss Healthcare
10. NOVA Medical Products
11. Kaye Products, Inc.
12. Karman Healthcare, Inc.
13. Numotion
14. Pride Mobility Products Corporation
15. Inogen, Inc.
16. CAIRE, Inc. (Niterra Group)
17. Portable Oxygen Solutions
18. Rhythm Healthcare, LLC
19. MedaCure Inc.
20. Compass Health Brands
21. Thermo Fisher Scientific, Inc.
22. Abbott
23. F. Hoffmann-La Roche Ltd.
24. Medtronic
25. Ascensia Diabetes Care Holdings AG
26. Byram Healthcare Centers, Inc. (Owens & Minor)
27. Novo Nordisk
28. Insulet Corporation
29. Baxter
30. B. Braun SE
31. Micrel Medical Devices SA
32. Boston Scientific Corporation
33. Tandem Diabetes Care, Inc.
34. BD (Becton, Dickinson & Corporation)
35. Moog, Inc.
36. IRadimed Corporation
37. Koninklijke Philips N.V.
38. Siemens Medical Solutions USA, Inc.
39. Essity
40. Coloplast Corporation
41. Paul Hartmann AG
42. Hollister Incorporated
43. Convatec Group PLC
44. Enovis Corporation
45. Zynex, Inc.
46. ZOLL Medical Corporation (Asahi Kasei Corporation)
47. Össur (Embla Medical)
48. Breg, Inc.
49. Bauerfeind USA, Inc.
50. Biotronik

Cardinal Health: Profile

Cardinal Health - Overview

Cardinal Health - Product Benchmarking

Cardinal Health - Financial Performance

Cardinal Health - Initiatives