PUBLISHER: IMARC | PRODUCT CODE: 1379068
PUBLISHER: IMARC | PRODUCT CODE: 1379068
Durable Medical Equipment (DME) Market Report by Product (Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices), End Use (Hospital, Nursing Homes, Home Healthcare, and Others), and Region 2023-2028
Abstract
The global durable medical equipment (DME) market size reached US$ 204.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 294.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2022-2028.
Durable medical equipment (DME) comprises wheelchairs, walkers, canes, crutches, ventilators, oxygen monitors, and nebulizers. It is non-disposable equipment utilized in clinics, hospitals, and home care settings to help patients live a better quality of life. It assists in diagnosing or treating an illness or injury, supporting a disabled body part, and preventing a condition from becoming worse. Besides this, it also provides therapeutic benefits intended for the management of several medical ailments. As it is durable and reusable, DME is prescribed by physicians and usually covered in healthcare plans across the globe.
Durable Medical Equipment (DME) Market Trends:
The increasing prevalence of cancer, cardiac disorders, neurological conditions, ophthalmic ailments, and gynecological complications around the world represents one of the key factors significantly contributing to the market growth. Additionally, the rising geriatric population, which is more prone to disabilities, coupled with the increasing number of elderly care centers, is supporting the growth of the market. Furthermore, DME is gaining immense popularity worldwide as it is extensively utilized in long-term care after surgery. Moreover, the introduction of various technologically advanced products that ensure patient comfort and portability, along with the integration of medical equipment with artificial intelligence (AI) technology, is acting as another growth-inducing factor. Besides this, the coronavirus disease (COVID-19) outbreak has resulted in the surging demand for DME to expand the healthcare capacity in local hospitals and healthcare systems across the globe. Other major factors, including better coverage and reimbursement policies for DME products, rising number of hospitals, increasing expenditure on healthcare infrastructure, and the growing presence of skilled professionals, are projected to drive the market further in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global durable medical equipment (DME) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and end use.
Breakup by Product:
Personal Mobility Devices
Wheelchairs
Scooters
Walker and Rollators
Cranes and Crutches
Door Openers
Others
Bathroom Safety Devices and Medical Furniture
Commodes and Toilets
Mattress and Bedding Devices
Monitoring and Therapeutic Devices
Blood Sugar Monitors
Continuous Passive Motion (CPM)
Infusion Pumps
Nebulizers
Oxygen Equipment
Continuous Positive Airway Pressure (CPAP)
Suction Pumps
Traction Equipment
Others
Breakup by End Use:
Hospital
Nursing Homes
Home Healthcare
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ArjoHuntleigh, Becton, Dickinson and Company, General Electric Company, GF Health Products Inc., Hill-Rom Services Inc., Invacare Corporation, Koninklijke Philips NV, Medical Device Depot Inc., Medline Industries Inc., Medtronic PLC, Omron Corporation, Siemens Healthineers AG (Siemens AG) and Stryker Corporation.
Key Questions Answered in This Report
- 1. What was the size of the global Durable Medical Equipment (DME) market in 2022?
- 2. What is the expected growth rate of the global Durable Medical Equipment (DME) market during 2023-2028?
- 3. What are the key factors driving the global Durable Medical Equipment (DME) market?
- 4. What has been the impact of COVID-19 on the global Durable Medical Equipment (DME) market?
- 5. What is the breakup of the global Durable Medical Equipment (DME) market based on the product?
- 6. What is the breakup of the global Durable Medical Equipment (DME) market based on the end use?
- 7. What are the key regions in the global Durable Medical Equipment (DME) market?
- 8. Who are the key players/companies in the global Durable Medical Equipment (DME) market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Durable Medical Equipment (DME) Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Personal Mobility Devices
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Wheelchairs
- 6.1.2.2 Scooters
- 6.1.2.3 Walker and Rollators
- 6.1.2.4 Cranes and Crutches
- 6.1.2.5 Door Openers
- 6.1.2.6 Others
- 6.1.3 Market Forecast
- 6.2 Bathroom Safety Devices and Medical Furniture
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Commodes and Toilets
- 6.2.2.2 Mattress and Bedding Devices
- 6.2.3 Market Forecast
- 6.3 Monitoring and Therapeutic Devices
- 6.3.1 Market Trends
- 6.3.2 Key Segments
- 6.3.2.1 Blood Sugar Monitors
- 6.3.2.2 Continuous Passive Motion (CPM)
- 6.3.2.3 Infusion Pumps
- 6.3.2.4 Nebulizers
- 6.3.2.5 Oxygen Equipment
- 6.3.2.6 Continuous Positive Airway Pressure (CPAP)
- 6.3.2.7 Suction Pumps
- 6.3.2.8 Traction Equipment
- 6.3.2.9 Others
- 6.3.3 Market Forecast
7 Market Breakup by End Use
- 7.1 Hospital
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Nursing Homes
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Home Healthcare
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 ArjoHuntleigh
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Becton, Dickinson and Company
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.2.4 SWOT Analysis
- 13.3.3 General Electric Company
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.4 GF Health Products Inc.
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Hill-Rom Services Inc.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Invacare Corporation
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Koninklijke Philips NV
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.8 Medical Device Depot Inc.
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Medline Industries Inc.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 SWOT Analysis
- 13.3.10 Medtronic PLC
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.11 Omron Corporation
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.11.4 SWOT Analysis
- 13.3.12 Siemens Healthineers AG (Siemens AG)
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.12.3 Financials
- 13.3.12.4 SWOT Analysis
- 13.3.13 Stryker Corporation
- 13.3.13.1 Company Overview
- 13.3.13.2 Product Portfolio
- 13.3.13.3 Financials
- 13.3.13.4 SWOT Analysis
- 13.3.1 ArjoHuntleigh
List of Figures
- Figure 1: Global: Durable Medical Equipment Market: Major Drivers and Challenges
- Figure 2: Global: Durable Medical Equipment Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Durable Medical Equipment Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Durable Medical Equipment Market: Breakup by Product (in %), 2022
- Figure 5: Global: Durable Medical Equipment Market: Breakup by End Use (in %), 2022
- Figure 6: Global: Durable Medical Equipment Market: Breakup by Region (in %), 2022
- Figure 7: Global: Durable Medical Equipment (Personal Mobility Devices) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Durable Medical Equipment (Personal Mobility Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Durable Medical Equipment (Bathroom Safety Devices and Medical Furniture) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Durable Medical Equipment (Bathroom Safety Devices and Medical Furniture) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Durable Medical Equipment (Monitoring and Therapeutic Devices) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Durable Medical Equipment (Monitoring and Therapeutic Devices) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Durable Medical Equipment (Hospital) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Durable Medical Equipment (Hospital) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Durable Medical Equipment (Nursing Homes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Durable Medical Equipment (Nursing Homes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Durable Medical Equipment (Home Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Durable Medical Equipment (Home Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Durable Medical Equipment (Other End Uses) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Durable Medical Equipment (Other End Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: North America: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: North America: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: United States: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: United States: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Canada: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Canada: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Asia-Pacific: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Asia-Pacific: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: China: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: China: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Japan: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Japan: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: India: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: India: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: South Korea: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: South Korea: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: Australia: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: Australia: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Indonesia: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Indonesia: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Others: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Others: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Europe: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Europe: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Germany: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Germany: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: France: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: France: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: United Kingdom: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: United Kingdom: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: Italy: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: Italy: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Spain: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Spain: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Russia: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Russia: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Others: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Others: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Latin America: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Latin America: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Brazil: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Brazil: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Mexico: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Mexico: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Others: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Others: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Middle East and Africa: Durable Medical Equipment Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Middle East and Africa: Durable Medical Equipment Market: Breakup by Country (in %), 2022
- Figure 69: Middle East and Africa: Durable Medical Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Global: Durable Medical Equipment Industry: SWOT Analysis
- Figure 71: Global: Durable Medical Equipment Industry: Value Chain Analysis
- Figure 72: Global: Durable Medical Equipment Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Durable Medical Equipment Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Durable Medical Equipment Market Forecast: Breakup by Product (in Million US$), 2023-2028
- Table 3: Global: Durable Medical Equipment Market Forecast: Breakup by End Use (in Million US$), 2023-2028
- Table 4: Global: Durable Medical Equipment Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Durable Medical Equipment Market: Competitive Structure
- Table 6: Global: Durable Medical Equipment Market: Key Players
