U.S. Durable Medical Equipment Market Worth $92.9 Billion By 2030

U.S. Durable Medical Equipment Market Growth & Trends

The U.S. durable medical equipment market size is expected to reach USD 92.9 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.7% from 2023 to 2030. The rising prevalence of chronic diseases and increasing penetration of home healthcare services and staff are the key factors driving the product demand. The demand for durable medical equipment (DME) is projected to witness a rise during the forecast period due to high adoption.

The COVID-19 pandemic has disrupted the transportation and supply chain of the DME market due to the restrictions imposed by the government. As the demand for the equipment increases for medical purposes to fight against COVID-19, the supply of the product also increases. COVID-19 led to an increase in the demand for medical beds and therapeutic mattresses, and volumes were also high within the U.S. rental operations.

The growing aging population and rising shift towards shorter hospital stays are making home healthcare more common. With these trends, a significant number of medical devices, such as patient monitoring systems and mobility aids, are in great demand. Furthermore, the current coronavirus pandemic has presented unusual and extraordinary challenges to the healthcare system.

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 U.S. Durable Medical Equipment Market Report Highlights

• By product, the monitoring and therapeutic devices segment accounted for the largest revenue share of over 89.3%. This can be attributed to the increasing prevalence of chronic diseases requiring long-term care

• The personal mobility devices product segment is anticipated to be the fastest-growing product segment over the forecast period

• An increasing number of disorders, such as spinal cord injuries, osteoporosis, and rheumatoid arthritis, are driving the demand for mobile devices in the U.S.

U.S. Durable Medical Equipment Market Segmentation

Grand View Research has segmented the U.S. durable medical equipment market based on product and end-use:

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

 List of Key Players in U.S. Durable Medical Equipment Market

• Invacare Corp.

• Sunrise Medical

• Arjo

• Medline Industries, Inc.

• GF Healthcare Products, Inc.

• Carex Health Brands, Inc.

• Cardinal Health

• Drive DeVilbiss Healthcare

• NOVA Medical Products

• Kaye Products, Inc