PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755815
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755815
Durable Medical Equipment Market Introduction and Overview
According to SPER market research, 'Global Durable Medical Equipment Market Size- By Product, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Durable Medical Equipment Market is predicted to reach 427.67 billion by 2034 with a CAGR of 6.17%.
Durable medical equipment (DME) refers to medical devices and supplies intended for long-term use, often to manage medical conditions or support daily living activities for people with impairments or chronic illnesses. These items are designed to be reused and are frequently suggested by healthcare experts.
Restraints: The high upfront cost of durable medical equipment (DME) is a major barrier to access, especially for low-income individuals and healthcare facilities with limited budgets. Many patients, particularly the elderly and those without proper insurance, struggle to afford essential devices, leading to delays in treatment. This problem is worse in emerging markets, where healthcare infrastructure is weak and subsidies are scarce.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product, By End User
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered Invacare Corporation, ArjoHuntleigh, Stryker Corporation, Hill Rom, Inc, Drive Medical, GF Health Products, Inc, Sunrise Medical, Medline Industries, Inc, Carex Health Brands, Inc.
Global Durable Medical Equipment Market Segmentation:
By Product: Based on the Product, Global Durable Medical Equipment Market is segmented as; Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring And Therapeutic Devices.
By End-User: Based on the End-User, Global Durable Medical Equipment Market is segmented as; Hospitals, Nursing Homes, Home Healthcare, Other End-user.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.