Durable Medical Equipment Market Share and Major Industry Players and Forecast to 2028 | Emergen Research

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Growing aging population and increasing adoption of advanced medical equipment in developing countries are key factors driving growth of the global durable medical equipment market

The Global Durable Medical Equipment market is further segmented in terms of applications, end-user, end-use, geographic presence, by-products as well as services. In addition, the subject matter experts evaluating the industry provide an all-inclusive category-specific industry outlook. A comprehensive collection of data on major companies occupying a strong foothold in the industry adds immense value to the overall research.

The Global Durable Medical Equipment Market size is expected to reach USD 305.17 Billion in 2028 at a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Increasing number of disabled care centers and surgical and outpatient services, hospital, and elderly care homes, and major prevalence of cancer, ophthalmic ailments, cardiac disorders, neurological conditions, and gynecological disorders, coupled with rapidly increasing geriatric population, continuous technological advancements in medical equipment manufacturing are some major factors boosting revenue growth of the global durable medical equipment market. Durable medical equipment is designed to manage various medical conditions, illnesses, and offer therapeutic benefits and convenience to patients.

The Global Durable Medical Equipment Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.

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Furthermore, the report provides a comprehensive analysis of the impact of the COVID-19 crisis on the market. It offers detailed insights into the impact of COVID-19 on the industry at a regional level and industry level. The report also covers the developments and government regulations related to COVID-19. The report further analyzes the current and future impact of COVID-19 on the global market and provides an insight into the post-COVID-19 situation.

The report is a comprehensive research study of the global Durable Medical Equipment market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.

The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are Invacare Corporation, GE Healthcare, Stryker Corporation, Hill Rom, Inc., Drive Medical, GF Health Products, Inc., Sunrise Medical, Medline Industries, Inc., Carex Health Brands, Inc., and Intco Medical.

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Market Segmentation:

Product Type Outlook (Revenue, USD Billion; 2018–2028)

  • Bathroom Safety Devices and Medical Furniture
  • Personal Mobility Devices
  • Monitoring and Therapeutic Devices

Payer Outlook (Revenue, USD Billion; 2018–2028)

  • Private
  • Public
  • Out-of-Pocket

End-Use Outlook (Revenue, USD Billion; 2018–2028)

  • Clinics
  • Hospitals
  • Long Term Care Centers
  • Home Care Settings
  • Ambulatory Surgical Centers
  • Others

Regional Bifurcation of the Durable Medical Equipment Market Includes:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report aims to provide a complete analysis of the global Durable Medical Equipment market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Durable Medical Equipment market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.

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Highlights of Table of Contents (TOC):

  • Overview of Global Durable Medical Equipment Market
  • Competitive analysis of the Durable Medical Equipment market
  • Regional analysis of Global Durable Medical Equipment market production and revenue
  • Regional analysis of Global Durable Medical Equipment market supply, consumption, and export import
  • Type-based market analysis of global Durable Medical Equipment production, revenue, and price trends
  • Application-based analysis of the global Durable Medical Equipment market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Durable Medical Equipment market
  • Global Durable Medical Equipment market forecast (2020-2027)
  • Conclusion of the research report
  • Appendix

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