Europe Durable Medical Equipment Market, By Product Type ; By End User ; By Application ; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

Europe durable medical equipment market is flourishing because of the growing focus on the prevention and management of increasing prevalence of chronic diseases majorly driven by rapidly aging population in the region.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Europe durable medical equipment market size at USD 51.14 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Europe durable medical equipment market size to grow at a significant CAGR of 6.25% reaching a value of USD 78.17 billion by 2029. Major growth drivers for the Europe durable medical equipment market include rapidly aging European population, escalating chronic maladies, and rapid medical technology advancements. Nations boasting well-established healthcare systems and greater healthcare spending typically exhibit larger DME sectors. Escalating chronic conditions such as diabetes, cardiovascular ailments, and respiratory disorders continue to surge across Europe. Durable medical equipment assumes a pivotal role in managing these conditions and ameliorating patient life quality. The pivot towards home-based care, propelled by patient preferences and cost containment, empowers patients with remote medical care options and curtails hospitalization rates. The uptake of telehealth and remote monitoring technologies, particularly accelerated by the COVID-19 pandemic, establishes links between durable medical equipment and remote patient monitoring, enhancing healthcare decisions. The mounting awareness among patients and healthcare providers about the benefits of durable medical equipment in health condition management has significantly contributed to the market's growth trajectory. Healthcare professionals are increasingly acknowledging the pivotal role of durable medical equipment in enhancing patient outcomes. However, the factors such as stringent regulations and limited reimbursement are anticipated to restrain the overall market growth during the period in analysis.

Europe Durable Medical Equipment Market - Overview:

Europe durable medical equipment (DME) market refers to the sector within the European healthcare industry that involves the production, distribution, and utilization of various medical devices and equipment designed for extended and repeated use by patients for medical purposes. These devices are prescribed by healthcare professionals to assist in the treatment, management, and improvement of various health conditions and disabilities. DME includes a wide range of products, such as mobility aids, orthopedic devices, respiratory equipment, patient monitoring devices, and other durable medical devices, that contribute to enhancing the quality of life, facilitating medical care, and promoting independence for individuals with health-related needs.

Impact of COVID-19 on Europe Durable Medical Equipment Market

COVID-19 pandemic had a mixed impact on the Europe durable medical equipment market. Initially, disrupted supply chains and manufacturing processes slowed operations. However, the crisis highlighted DME's significance in home healthcare and remote monitoring. Demand surged for disposable DME due to infection prevention needs. Telemedicine adoption soared, boosting sales of remote patient monitoring devices. Governments allocated resources to medical equipment, and regulatory flexibility expedited approvals. Economic uncertainties hindered purchasing power, leading to delayed non-essential acquisitions. Ultimately, the pandemic reshaped DME priorities, emphasizing patient safety, remote care capabilities, and readiness for future health crises.

Europe Durable Medical Equipment Market - By Product Type:

Based on product type, the Europe durable medical equipment market is divided into Personal Mobility Devices, Medical Furniture & Bathroom Safety Devices, and Monitoring & Therapeutic Devices segments. The medical furniture & bathroom safety devices segment is expected to hold the highest share in the Europe durable medical equipment market by product type during the forecast period. It can be attributed to the aging population's needs, fall prevention concerns, the trend toward home care, regulatory standards, medical rehabilitation requirements, growing awareness, technological advancements, and government support for accessible living solutions. These factors collectively underscore the significance of medical furniture and bathroom safety devices for both seniors and individuals with disabilities. Also, the medical furniture & bathroom safety devices include medical bed & mattress and commode & toilet. Meanwhile, the monitoring and therapeutic devices segment is expected to witness the fastest growth rate during the forecast period due to escalating demand for advanced medical technologies.

Increasing prevalence of chronic diseases necessitates continuous patient monitoring and personalized treatment approaches. Technological innovations like wearable health trackers, remote patient monitoring systems, and smart therapeutic devices cater to these needs. Moreover, the pandemic accelerated telemedicine adoption, boosting the requirement for remote monitoring tools. Also, the monitoring and therapeutic devices segment include blood glucose monitor, oxygen equipment, vital sign monitor, and infusion pump. Amongst them, the vital sign monitor sub-segment is expected to dominate the market during the forecast period. It can be attributed to the rising diabetic patient population in the area. According to World Health Organization (WHO) estimations, diabetes-related fatalities are projected to double from 2005 to 2030 in this region.

Competitive Landscape:

Major players operating in the Europe durable medical equipment market include: Invacare Corporation, Hill-Rom Holdings Inc., Stryker Corporation, Medtronic plc, Becton, Dickinson and Company, Medline Industries Inc., Johnson & Johnson, Abbott Laboratories, Koninklijke Philips N.V., Siemens AG, General Electric Company, Arjo AB, DeVilbiss Healthcare LLC, Handicare Group AB, and Sunrise Medical. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Europe Durable Medical Equipment Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Europe Durable Medical Equipment Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23733

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Europe Durable Medical Equipment Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Aging population
  - 3.2.1.2. Prevalence of chronic diseases
- 3.2.2. Restraints
  - 3.2.2.1. Stringent regulations
  - 3.2.2.2. Limited reimbursement
- 3.2.3. Opportunities
  - 3.2.3.1. Emerging markets
  - 3.2.3.2. Technological advancements
- 3.2.4. Challenges
  - 3.2.4.1. Technical support and training
  - 3.2.4.2. Market fragmentation
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Europe Durable Medical Equipment Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Billion)
4.2. Market Share & Forecast
- 4.2.1. By Product Type
  - 4.2.1.1. Personal Mobility Devices
  - 4.2.1.1.1. Wheelchair
  - 4.2.1.1.2. Crutch and Cane
  - 4.2.1.1.3. Walker
  - 4.2.1.1.4. Others
  - 4.2.1.2. Medical Furniture and Bathroom Safety Devices
  - 4.2.1.2.1. Medical Bed and Mattress
  - 4.2.1.2.2. Commode and Toilet
  - 4.2.1.2.3. Others
  - 4.2.1.3. Monitoring and Therapeutic Devices
  - 4.2.1.3.1. Blood Glucose Monitor
  - 4.2.1.3.2. Oxygen Equipment
  - 4.2.1.3.3. Vital Sign Monitor
  - 4.2.1.3.4. Infusion Pump
  - 4.2.1.3.5. Others
- 4.2.2. By End User
  - 4.2.2.1. Hospitals
  - 4.2.2.2. ASCs
  - 4.2.2.3. Home Care Settings
- 4.2.3. By Application
  - 4.2.3.1. Orthopedics
  - 4.2.3.2. Cardiovascular
  - 4.2.3.3. Respiratory
  - 4.2.3.4. Diabetes Care
  - 4.2.3.5. Neurology
- 4.2.4. By Country
  - 4.2.4.1. Germany
  - 4.2.4.2. United Kingdom
  - 4.2.4.3. Italy
  - 4.2.4.4. France
  - 4.2.4.5. Spain
  - 4.2.4.6. Belgium
  - 4.2.4.7. Russia
  - 4.2.4.8. The Netherlands
  - 4.2.4.9. Rest of Europe

5. Competitive Landscape

5.1. List of Key Players and Their Range
5.2. Europe Durable Medical Equipment Company Market Share Analysis, 2022
5.3. Competitive Benchmarking, By Operating Parameters
5.4. Key Strategic Development (Merger, Acquisition, Partnership)

6. Impact of Covid-19 on Europe Durable Medical Equipment Market Industry

7. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, SWOT Analysis)

7.1. Invacare Corporation
7.2. Hill-Rom Holdings Inc.
7.3. Stryker Corporation
7.4. Medtronic plc
7.5. Becton, Dickinson and Company
7.6. Medline Industries Inc.
7.7. Johnson & Johnson
7.8. Abbott Laboratories
7.9. Koninklijke Philips N.V.
7.10. Siemens AG
7.11. General Electric Company
7.12. Arjo AB
7.13. DeVilbiss Healthcare LLC
7.14. Handicare Group AB
7.15. Sunrise Medica
7.16. Other prominent players

8. Key Strategic Recommendations

9. Research Methodology

9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
9.2. Quantitative Research
9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
9.4. Breakdown of Primary Research Respondents
9.5. Assumption & Limitation

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

Product Code: BWC23733

List of Figures

Figure 1 Europe Durable Medical Equipment Market Segmentation
Figure 2 Europe Durable Medical Equipment Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Europe Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Figure 5 Europe Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Figure 6 Europe Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Figure 7 Europe Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Figure 8 Europe Durable Medical Equipment Market Share, By Country, By Value, 2019-2029
Figure 9 Germany Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Figure 10 Germany Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Figure 11 Germany Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Figure 12 Germany Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Figure 13 United Kingdom Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Figure 14 United Kingdom Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Figure 15 United Kingdom Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Figure 16 United Kingdom Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Figure 17 Italy Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Figure 18 Italy Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Figure 19 Italy Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Figure 20 Italy Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Figure 21 France Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Figure 22 France Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Figure 23 France Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Figure 24 France Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Figure 25 Spain Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Figure 26 Spain Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Figure 27 Spain Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Figure 28 Spain Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Figure 29 The Netherlands Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Figure 30 The Netherlands Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Figure 31 The Netherlands Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Figure 32 The Netherlands Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Figure 33 Belgium Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Figure 34 Belgium Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Figure 35 Belgium Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Figure 36 Belgium Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Figure 37 NORDIC Countries Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Figure 38 NORDIC Countries Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Figure 39 NORDIC Countries Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Figure 40 NORDIC Countries Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Figure 41 Rest of Europe Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Figure 42 Rest of Europe Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Figure 43 Rest of Europe Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Figure 44 Rest of Europe Durable Medical Equipment Market Share, By Application, By Value, 2019-2029

List of Tables

Table 1 Europe Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Table 2 Europe Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Table 3 Europe Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Table 4 Europe Durable Medical Equipment Market Share, By Country, By Value, 2019-2029
Table 5 Germany Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Table 6 Germany Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Table 7 Germany Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Table 8 Germany Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Table 9 United Kingdom Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Table 10 United Kingdom Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Table 11 United Kingdom Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Table 12 United Kingdom Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Table 13 Italy Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Table 14 Italy Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Table 15 Italy Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Table 16 Italy Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Table 17 France Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Table 18 France Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Table 19 France Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Table 20 France Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Table 21 Spain Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Table 22 Spain Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Table 23 Spain Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Table 24 Spain Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Table 25 The Netherlands Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Table 26 The Netherlands Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Table 27 The Netherlands Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Table 28 The Netherlands Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Table 29 Belgium Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Table 30 Belgium Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Table 31 Belgium Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Table 32 Belgium Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Table 33 NORDIC Countries Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Table 34 NORDIC Countries Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Table 35 NORDIC Countries Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Table 36 NORDIC Countries Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Table 37 Rest of Europe Durable Medical Equipment Market Size, By Value (USD Billion), 2019-2029
Table 38 Rest of Europe Durable Medical Equipment Market Share, By Product Type, By Value, 2019-2029
Table 39 Rest of Europe Durable Medical Equipment Market Share, By End User, By Value, 2019-2029
Table 40 Rest of Europe Durable Medical Equipment Market Share, By Application, By Value, 2019-2029
Table 41 Invacare Corporation Company Overview
Table 42 Invacare Corporation Financial Overview
Table 43 Hill-Rom Holdings Inc. Company Overview
Table 44 Hill-Rom Holdings Inc. Financial Overview
Table 45 Stryker Corporation Company Overview
Table 46 Stryker Corporation Financial Overview
Table 47 Medtronic plc Company Overview
Table 48 Medtronic plc Financial Overview
Table 49 Becton, Dickinson and Company Overview
Table 50 Becton, Dickinson and Company Financial Overview
Table 51 Medline Industries Inc. Company Overview
Table 52 Medline Industries Inc. Financial Overview
Table 53 Johnson & Johnson Company Overview
Table 54 Johnson & Johnson Financial Overview
Table 55 Abbott Laboratories Company Overview
Table 56 Abbott Laboratories Financial Overview
Table 57 Koninklijke Philips N.V. Company Overview
Table 58 Koninklijke Philips N.V. Financial Overview
Table 59 Siemens AG Company Overview
Table 60 Siemens AG Financial Overview
Table 61 General Electric Company Overview
Table 62 General Electric Company Financial Overview
Table 63 Arjo AB Company Overview
Table 64 Arjo AB Financial Overview
Table 65 DeVilbiss Healthcare LLC Company Overview
Table 66 DeVilbiss Healthcare LLC Financial Overview
Table 67 Handicare Group AB Company Overview
Table 68 Handicare Group AB Financial Overview
Table 69 Sunrise Medica Company Overview
Table 70 Sunrise Medica Financial Overview

Europe Durable Medical Equipment Market, By Product Type ; By End User ; By Application ; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

Description

Table of Contents

List of Tables

Europe Durable Medical Equipment Market Size Expanding to Cross USD 78 Billion by 2029.

Europe Durable Medical Equipment Market - Overview:

Impact of COVID-19 on Europe Durable Medical Equipment Market

Europe Durable Medical Equipment Market - By Product Type:

Competitive Landscape:

Table of Contents

1. Research Framework

2. Executive Summary

3. Europe Durable Medical Equipment Market Insights

4. Europe Durable Medical Equipment Market Overview

5. Competitive Landscape

6. Impact of Covid-19 on Europe Durable Medical Equipment Market Industry

7. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, SWOT Analysis)

8. Key Strategic Recommendations

9. Research Methodology

List of Figures

List of Tables