Durable Medical Equipment Market was valued at USD 228.78 billion in 2023 and is expected to reach USD 387.17 billion by 2032, growing at a CAGR of 6.04% over the forecast period of 2024-2032.
This report highlights the key statistics of the Durable Medical Equipment (DME) market and the latest trends in the increasing incidence and prevalence of chronic ailments that are increasing the demand for DME. It underscores regional prescription patterns, as more countries are seeing an increase in the prevalence of DME in both developed and emerging economies. The report also looks at device volume growth, in addition to spending characterized by government, private insurers, and out-of-pocket contributions. This segment investigates the extent of home healthcare, drawing attention to its growing movement from clinical to non-clinical application. The report also provides insights into how smart technology is embedded in the DME, with connectivity and remote monitoring reshaping the way a device functions and enabling greater efficiency in patient care. Some key factors that are driving the demand for the durable medical equipment (DME) market include the growing prevalence of chronic diseases, the increase in the geriatric population, and overall improvement in healthcare infrastructure.
The U.S. Durable Medical Equipment (DME) market has been continually growing, from USD 63.26 billion in 2023 to USD 106.01 in 2032 billion and others are expected in the future and throughout the forecast period. This reflects a robust compound annual growth rate (CAGR) of 5.93%, fuelled by the rising prevalence of chronic diseases, an enlarging aging population, and a strong pull towards home health solutions. The growth indicates continued spending and demand in both the public and private healthcare sectors. Amid increasing healthcare expenses in the U.S. which accounted for USD 4.9 trillion in 2023 which accounts for a 7.5% increase, the adoption rate for high-quality medical equipment for home healthcare solutions and home diagnosis has increased significantly. In 2023, over 35% of the global DME market share was accounted for by the U.S. due to the country’s strong infrastructure regarding healthcare and its favorable reimbursement policies.
Drivers:
The increasing prevalence of chronic diseases, such as cardiovascular disorders, is significantly boosting the demand for DME, including monitoring and therapeutic devices.
The escalating prevalence of chronic diseases, notably cardiovascular conditions and diabetes, is a significant driver for the durable medical equipment (DME) market. These conditions often necessitate continuous monitoring and management, leading to increased demand for devices such as blood pressure monitors, glucose meters, and mobility aids. Globally, cardiovascular diseases are the leading cause of mortality, responsible for over 18 million deaths annually. High blood pressure, a major contributor to these diseases, affects approximately 1.3 billion people worldwide, with nearly half unaware of their condition. In India, the situation is particularly concerning. A 2023 survey published in The Lancet revealed that 11.4% of Indians have diabetes, equating to 101 million individuals, and 35.5% suffer from hypertension, affecting 315 million people. These figures represent a significant increase from previous years, highlighting a rapidly growing health challenge. The rising incidence of these chronic conditions underscores the necessity for effective management solutions. For instance, individuals with diabetes require regular blood glucose monitoring to prevent complications, driving the demand for glucometers and related supplies. Similarly, those with hypertension benefit from home blood pressure monitors to track and manage their condition proactively. The increased need for such DME not only aids in better disease management but also reduces the burden on healthcare facilities by enabling home-based care.
Restraint
High costs associated with DME products pose a significant barrier, limiting accessibility for individuals with limited financial resources.
The high cost of durable medical equipment (DME) remains a significant barrier to accessibility for many patients, particularly those with limited financial resources. Advanced medical devices, such as motorized wheelchairs and home oxygen systems, often come with substantial price tags, making them unaffordable for a large segment of the population. For instance, in the United Kingdom, health authorities spent over £2 million in 2024 on specialized equipment to manage the increasing number of obese patients, including £250,000 for reinforced ambulance chassis and £91,000 on slings for moving heavy patients. These expenditures highlight the financial strain on healthcare systems and the challenges individuals face in accessing necessary medical equipment. Additionally, the process of obtaining DME can be prolonged and cumbersome, exacerbating accessibility issues. In a notable case, a disability advocate in Berkeley, California, experienced a 14-month delay in receiving a new wheelchair due to insurance complications and supply chain disruptions. Such delays not only hinder timely medical support but also underscore systemic inefficiencies that can further inflate costs. Addressing these financial and procedural challenges is crucial to enhance patient access to essential durable medical equipment.
Opportunity
Technological advancements, such as the development of wireless and remote monitoring technologies, present significant opportunities by facilitating easier patient monitoring and reducing the need for frequent hospital visits.
The increase in new technology development, particularly wireless and remote monitoring technologies, is also driving growth in the Durable Medical Equipment (DME) market as these technologies help with the efficient management of patients by minimizing the need for regular visits to hospitals. This provides immediate monitoring of crucial health markers, enabling providers to manage medical conditions from afar. A prime example of the impact of home blood pressure monitors on government resources would be in Scotland, implementing home blood pressure monitors led to the freeing up of about 400,000 general practitioner appointments and a significant reduction in cost to the National Health Service (NHS).
Rising cases of chronic diseases like diabetes and cardiovascular diseases have surged the demand for RPM devices. Companies like Dexcom and Abbott Laboratories are expanding their continuous glucose monitoring (CGM) offerings to cater to both diabetic and non-diabetic individuals interested in metabolic health. Abbott wants its Libre glucose monitor franchise to reach $10 billion in annual sales by 2028. However, there is a significant lack of awareness among consumers regarding the benefits of personal medical devices, despite their obvious benefits. A survey revealed that while 80% of respondents owned at least one medical device, only 40% correctly identified these devices as tools for tracking health information. The integration of advanced technologies like artificial intelligence (AI) and 5G connectivity is further propelling the RPM market. These advances make data more secure, improve the interoperability between devices, and allow for quicker decision-making by healthcare providers.
Challenge
Addressing supply chain vulnerabilities has become critical, as disruptions can lead to significant delivery issues and impact the availability of essential medical equipment.
The DME market is currently facing severe supply chain challenges, affecting healthcare providers and patients alike. A prominent example is Hurricane Helene, which crippled Baxter International’s manufacturing plant in North Carolina. This plant accounted for roughly 60% of the intravenous (IV) solutions used in U.S. hospitals. The ensuing shortage led healthcare providers to put off elective surgeries and search for other ways to hydrate patients. Beyond natural disasters, geopolitical tensions have further strained the supply chain. Wars in Ukraine and the Middle East have cut off the supplies of crucial components and raw materials needed for DME manufacture. Sanctions imposed over the Ukraine war, for example, have affected the supply of metals and minerals critical to making medical devices. These supply chain disruptions produce real-world consequences. A recent survey states that in 2024, 67% of healthcare providers stated that they spend more than 10 hours a week managing supply chain issues and product shortages. Almost 40% also reported having to cancel or reschedule procedures at least quarterly because of these shortages. Financially, a medium-sized health system (comprising five hospitals and 650 beds) faces an average annual increase of up to $3.5 million in care costs and $350,000 in lost revenue due to supply shortages
By Product
The monitoring and therapeutic devices segment dominated the durable medical equipment (DME) market in 2023, accounting for an impressive 88% of total revenue. This dominance is mainly due to the increasing burden of chronic diseases, including diabetes, cardiovascular diseases, and respiratory disorders. As an example, the World Health Organization (WHO) stated that around 17.9 million people lose their lives to cardiovascular diseases every year, leading to a need for uninterrupted monitoring devices such as ECG machines and wearable trackers. By comparison, the International Diabetes Federation found that 537 million adults around the world were living with diabetes in 2023, fueling demand for glucose monitors and insulin pumps. Technological advancements have further fueled growth in this segment. Innovations such as wireless monitoring devices, wearable health trackers, and AI-integrated systems have enhanced remote patient care and personalized healthcare solutions. Smartwatches and other activity bands now provide real-time data on vital statistics, like heart rate, oxygen saturation, and temperature. These technologies are particularly beneficial for elderly patients and those requiring long-term care.
Government efforts also have been a significant factor. The Centers for Medicare & Medicaid Services proposed to broaden reimbursement policies for home-use DME in 2023, furnishing patients with products like nebulizers and CPAP machines encourages patient adoption of therapeutic devices. Moreover, the emphasis on preventive healthcare has increased the adoption rates of therapeutic devices designed to minimize hospital visits and enhance patient outcomes. The growth of the segment demonstrates a transition to decentralized healthcare systems where monitoring and therapeutic devices are being used within home settings more often. This trend is expected to continue as healthcare providers prioritize cost-effective solutions that enhance patient comfort while reducing hospital stays.
By End-Use
The hospitals segment emerged as the dominant end-use category in the DME market in 2023 due to its comprehensive infrastructure and ability to cater to high patient volumes. Hospitals are equipped with advanced medical technologies required for intensive care and post-operative recovery, making them indispensable for patients with severe chronic conditions or those undergoing complex surgeries. For example, ventilators, infusion pumps, dialysis machines, and robotic-assisted rehabilitation devices are widely used in hospitals to ensure optimal patient care. One key driver of this segment’s dominance is government support through reimbursement policies. In many countries, including the United States, insurance coverage for hospital-based DME usage has been expanded significantly in recent years. This ensures that patients receive access to high-quality equipment without incurring excessive costs. Furthermore, hospitals often act as innovation hubs for cutting-edge DME technologies due to their partnerships with manufacturers and research institutions.
Hospitals led in the DME market in 2023, owing to their comprehensive infrastructure and capacity to serve high patient volumes. Hospitals have the medical technologies necessary for intensive care, post-operative recovery, and more complex chronic conditions. For instance, these include ventilators, infusion pumps, dialysis machines, and robotic-assisted rehabilitation devices, which are prevalent in hospitals to provide optimal patient care. Government support in the form of reimbursement policies is one of the primary factors contributing to the dominance of this segment. Hospital-based DME use has been gradually expanded to include most payer reimbursements in many parts of the world, including the United States, over the last few years. It ensures patients can be provided with high-quality equipment at no excessive cost. In addition, hospitals are at the forefront of innovative DME technologies that are developed through partnerships between hospitals, manufacturers, and research institutions.
Post-surgery care is another critical factor contributing to this segment’s growth. This investment trend is also driven by the desire to keep patients comfortable during recovery and to reduce the rate of readmission, leading hospitals to invest in durable medical equipment. For example, when a post-operative patient comes home, they are commonly provided with mobility aids, such as wheelchairs, and therapeutic devices, such as compression pumps. Hospitals also achieve cost savings by purchasing durable medical equipment at scale. The end-user segment such as home healthcare or ambulatory surgical centers cannot provide bulk purchases of advanced devices at significant discounts, allowing them to foster partnerships and strong demand from providers.
In 2023, North America held the largest share of the global DME market 35%. Factors such as advanced healthcare infrastructure, high healthcare expenditure, and positive reimbursement policies, have contributed to this leadership. A Honing and Ageing Population Based on 2023 data from the U.S. Census Bureau, over 55 million Americans were aged 65 or older in 2023, an age demographic that typically uses DME like mobility aids and homecare devices the most. In addition to this, the rising incidence of chronic diseases such as diabetes and cardiovascular diseases is aggressive and drives demand for monitoring and treatment equipment in this region. After North America, Europe accounted for a significant share of the market on account of its well-established healthcare reimbursement plans and widespread public coverage policies. Germany, France, and the UK already have inter-operable systems in place to enable access to rented or purchased durable medical equipment for hospitals and homecare settings. Demands for environmental sustainability are defining Europe's market too as the use of green sterilization and refurbishment practices maximize product lifecycle among firms.
The Asia-Pacific region is expected to experience a significant Compound Annual Growth Rate (CAGR) throughout the forecast period 2024–2032. Increasing investments in emerging economies including China, India, and Japan governments in the healthcare infrastructure will drive the growth of the global hospital hardware market. India, for example, has launched initiatives to enhance home healthcare services to elderly patients undergoing surgery, including subsidization of DME. The increasing disposable incomes and urbanization in the Asia-Pacific countries, along with the enhancement of technologically advanced DME products, is also fueling the market.
Medtronic plc (Wheelchairs, Patient Lifts)
Stryker Corporation (Hospital Beds, Stretchers)
Invacare Corporation (Power Wheelchairs, Mobility Scooters)
Hill-Rom Holdings, Inc. (Now part of Baxter) (Hospital Beds, Respiratory Therapy Devices)
Drive DeVilbiss Healthcare (Walkers, CPAP Machines)
GF Health Products, Inc. (Commodes, IV Stands)
Sunrise Medical LLC (Manual Wheelchairs, Pediatric Mobility Devices)
ArjoHuntleigh (part of Arjo) (Patient Transfer Aids, Pressure Relief Mattresses)
ResMed Inc. (CPAP Devices, Ventilators)
Cardinal Health, Inc. (Hospital Furniture, Exam Tables)
Key Users
Mayo Clinic
Cleveland Clinic
HCA Healthcare
Kaiser Permanente
Ascension Health
Veterans Health Administration (VHA)
Fresenius Medical Care
CVS Health (includes Aetna and MinuteClinic)
UnitedHealth Group (Optum)
Encompass Health Corporation
In January 2025, GE Healthcare announced partnerships with hospitals across North America to expand access to robotic-assisted rehabilitation equipment.
In July 2024, Philips introduced portable oxygen concentrators designed specifically for home use, enhancing patient mobility.
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 228.78 Billion |
Market Size by 2032 | USD 387.17 Billion |
CAGR | CAGR of 6.04% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product (Personal Mobility Devices, Monitoring and Therapeutic Devices, Bathroom Safety Devices and Medical Furniture) • By End Use (Hospitals, Nursing Homes, Home Healthcare, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Medtronic plc, Stryker Corporation, Invacare Corporation, Hill-Rom Holdings Inc., Drive DeVilbiss Healthcare, GF Health Products Inc., Sunrise Medical LLC, ArjoHuntleigh, ResMed Inc., Cardinal Health Inc. |
Ans. The projected market size for the Durable Medical Equipment Market is USD 387.17 million by 2032.
Ans: The North American region dominated the Durable Medical Equipment Market in 2023.
Ans. The CAGR of the Durable Medical Equipment Market is 6.04% during the forecast period of 2024-2032.
Ans: Addressing supply chain vulnerabilities has become critical, as disruptions can lead to significant delivery issues and impact the availability of essential medical equipment. ?
Ans: The Monitoring and Therapeutic Devices segment dominated the Durable Medical Equipment Market.
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Prescription Trends by Region (2023)
5.2 Device Volume and Utilization Rate (2020–2023)
5.3 Home Healthcare Penetration and Usage Trends (2023)
5.4 Technology Integration and Smart DME Adoption (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Durable Medical Equipment Market Segmentation, By Product
7.1 Chapter Overview
7.2 Personal Mobility Devices
7.2.1 Personal Mobility Devices Market Trends Analysis (2020-2032)
7.2.2 Personal Mobility Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.3 Wheelchairs
7.2.3.1 Wheelchairs Market Trends Analysis (2020-2032)
7.2.3.2 Wheelchairs Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.4 Scooters
7.2.4.1 Scooters Market Trends Analysis (2020-2032)
7.2.4.2 Scooters Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.5 Canes and Crutches
7.2.5.1 Canes and Crutches Market Trends Analysis (2020-2032)
7.2.5.2 Canes and Crutches Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.6 Walker and Rollators
7.2.6.1 Walker and Rollators Market Trends Analysis (2020-2032)
7.2.6.2 Walker and Rollators Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.7 Door Openers
7.2.7.1 Door Openers Market Trends Analysis (2020-2032)
7.2.7.2 Door Openers Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.8 Other Devices
7.2.8.1 Other Devices Market Trends Analysis (2020-2032)
7.2.8.2 Other Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Monitoring and Therapeutic Devices
7.3.1 Monitoring and Therapeutic Devices Market Trends Analysis (2020-2032)
7.3.2 Monitoring and Therapeutic Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.3 Blood Sugar Monitors
7.3.3.1 Blood Sugar Monitors Market Trends Analysis (2020-2032)
7.3.3.2 Blood Sugar Monitors Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.4 Continuous Passive Motion (CPM)
7.3.4.1 Continuous Passive Motion (CPM) Market Trends Analysis (2020-2032)
7.3.4.2 Continuous Passive Motion (CPM) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.5 Oxygen Equipment
7.3.5.1 Oxygen Equipment Market Trends Analysis (2020-2032)
7.3.5.2 Oxygen Equipment Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.6 Infusion Pumps Market
7.3.6.1 Infusion Pumps Market Trends Analysis (2020-2032)
7.3.6.2 Infusion Pumps Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.7 Nebulizers
7.3.7.1 Nebulizers Market Trends Analysis (2020-2032)
7.3.7.2 Nebulizers Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.8 Continuous Positive Airway Pressure (CPAP)
7.3.8.1 Continuous Positive Airway Pressure (CPAP) Market Trends Analysis (2020-2032)
7.3.8.2 Continuous Positive Airway Pressure (CPAP) Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.9 Traction Equipment
7.3.9.1 Traction Equipment Market Trends Analysis (2020-2032)
7.3.9.2 Traction Equipment Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.10 Suction Pumps
7.3.10.1 Suction Pumps Market Trends Analysis (2020-2032)
7.3.10.2 Suction Pumps Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3.11 Others Equipment
7.3.11.1 Others Equipment Market Trends Analysis (2020-2032)
7.3.11.2 Others Equipment Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Bathroom Safety Devices and Medical Furniture
7.4.1 Bathroom Safety Devices and Medical Furniture Market Trends Analysis (2020-2032)
7.4.2 Bathroom Safety Devices and Medical Furniture Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4.3 Commodes and Toilets
7.4.3.1 Commodes and Toilets Market Trends Analysis (2020-2032)
7.4.3.2 Commodes and Toilets Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4.4 Mattress & Bedding Devices
7.4.4.1 Mattress & Bedding Devices Market Trends Analysis (2020-2032)
7.4.4.2 Mattress & Bedding Devices Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Durable Medical Equipment Market Segmentation, By End-use
8.1 Chapter Overview
8.2 Hospitals
8.2.1 Hospitals Market Trends Analysis (2020-2032)
8.2.2 Hospitals Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Nursing Homes
8.3.1 Nursing Homes Market Trends Analysis (2020-2032)
8.3.2 Nursing Homes Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Home Healthcare
8.4.1 Home Healthcare Market Trends Analysis (2020-2032)
8.4.2 Home Healthcare Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Others
8.5.1 Others Market Trends Analysis (2020-2032)
8.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Durable Medical Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.4 North America Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.5.2 USA Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.6.2 Canada Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.7.2 Mexico Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Durable Medical Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.5.2 Poland Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.6.2 Romania Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Durable Medical Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.4 Western Europe Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.5.2 Germany Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.6.2 France Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.7.2 UK Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.8.2 Italy Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.9.2 Spain Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.12.2 Austria Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Durable Medical Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.4 Asia Pacific Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 China Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 India Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.5.2 Japan Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.6.2 South Korea Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.2.7.2 Vietnam Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.8.2 Singapore Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.9.2 Australia Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Durable Medical Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.4 Middle East Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.5.2 UAE Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Durable Medical Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.4 Africa Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.5.2.7 Rest of Africa
9.5.2.7.1 Rest of Africa Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.5.2.7.2 Rest of Africa Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Durable Medical Equipment Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.4 Latin America Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.5.2 Brazil Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.6.2 Argentina Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.7.2 Colombia Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Durable Medical Equipment Market Estimates and Forecasts, By Product (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Durable Medical Equipment Market Estimates and Forecasts, By End-use (2020-2032) (USD Billion)
10. Company Profiles
10.1 Medtronic plc
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Products/ Services Offered
110.1.4 SWOT Analysis
10.2 Stryker Corporation
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Products/ Services Offered
10.2.4 SWOT Analysis
10.3 Invacare Corporation
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Products/ Services Offered
10.3.4 SWOT Analysis
10.4 Hill-Rom Holdings Inc.
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Products/ Services Offered
10.4.4 SWOT Analysis
10.5 Drive DeVilbiss Healthcare
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Products/ Services Offered
10.5.4 SWOT Analysis
10.6 GF Health Products Inc.
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Products/ Services Offered
10.6.4 SWOT Analysis
10.7 Sunrise Medical LLC
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Products/ Services Offered
10.7.4 SWOT Analysis
10.8 ArjoHuntleigh
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Products/ Services Offered
10.8.4 SWOT Analysis
10.9 ResMed Inc.
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
10.10 Cardinal Health Inc.
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Products/ Services Offered
10.9.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Product
Personal Mobility Devices
Wheelchairs
Scooters
Canes and Crutches
Walker and Rollators
Door Openers
Other Devices
Monitoring and Therapeutic Devices
Blood Sugar Monitors
Continuous Passive Motion (CPM)
Oxygen Equipment
Infusion Pumps Market
Nebulizers
Continuous Positive Airway Pressure (CPAP)
Traction Equipment
Suction Pumps
Others Equipment
Bathroom Safety Devices and Medical Furniture
Commodes and Toilets
Mattress & Bedding Devices
By End Use
Hospitals
Nursing Homes
Home Healthcare
Others
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North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players
The Medical Decision Support Systems for Sepsis Market size was valued at USD 45.10 million in 2023, and is expected to reach USD 328.83 million by 2032, and grow at a CAGR of 24.70% over the forecast period 2024-2032.
The Medical Mask Market size was valued at USD 3.02 billion in 2023 and is expected to reach USD 6.32 billion by 2032, at a CAGR of 8.57% from 2024-2032.c
The Laboratory Information Management System Market size to grow from USD 2.29 billion in 2023 to USD 4.61 billion by 2032, with a CAGR of 8.12%.
The Computer Vision in Healthcare Market Size was valued at USD 1.4 billion in 2023 and is expected to reach USD 49.0 billion by 2032 and grow at a CAGR of 47.8% over the forecast period 2024-2032.
The Urology Devices Market valued at USD 34.08 Billion in 2023, projected to hit USD 64.46 Billion by 2032, growing at a 7.35% CAGR from 2024–2032.
The Pacemakers Market was valued at USD 5.35 Billion in 2023 and is projected to reach USD 8.77 Billion by 2032, growing at a CAGR of 5.66% from 2024 to 2032.
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