Durable Medical Equipment Market size is valued at USD 208.71 Billion in 2022 and is forecast to grow at a CAGR of 6.1% from 2023 to 2029, reaching nearly USD 315.90 Billion.

Durable Medical Equipment Market Overview : 

MMR published a Durable Medical Equipment Market report, providing valuable insights into the global Durable Medical Equipment industry to help clients understand future product demand. The report synopsis offers in-depth details about market size, growth factors, statistics, leading players, and a comprehensive regional and national market scenario.

Durable Medical Equipment Market Report Scope and Research Methodology

The Durable Medical Equipment market report provides comprehensive insights into sales, revenue, product types, applications, and leading players. It utilizes primary and secondary research, segmentation, and various forecasting approaches. SVOR analysis estimates new opportunities, strengths, and risks, while PESTEL analysis examines micro and macroeconomic factors. PORTER’s 5 forces analyse key players and market competition.

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Durable Medical Equipment Market Regional Insights

The report offers a comparative explanation of factors such as market size, Durable Medical Equipment growth rate, and import-export across listed regions: North America, Europe, Asia Pacific, South America, the Middle East, and Africa.

Durable Medical Equipment Market Segmentation

By Technology, the Durable Medical Equipment Market is segmented into Traditional and Technologically advanced. The traditional segment is the largest segment of the DME market with share of over 55%. The segment includes products that have been in use for many years which are walkers, wheelchairs and oxygen concentrators. The technologically advanced segment is the second largest segment with share of over 45%. The segment includes products that are newer and use advanced technology such as insulin pumps, continuous glucose monitors and sleep apnea machines.

By Product Type, the Durable Medical Equipment Market is segmented into Mobility aids, Medical supplies and Other. The mobility aids segment is the largest segment of the DME market with share of over 35%. The segment includes products such as walkers, wheelchairs and scooters. The medical supplies segment is the second largest segment with share of over 30%. The segment includes products such as blood pressure monitors, insulin pumps and oxygen concentrators. The other products segment includes products such as hospital beds, patient lifts and wound care supplies.

by Technology

Technologically advanced

by Product Type

Mobility aids
Medical supplies

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Durable Medical Equipment Market Key Players : 

1. Medtronic
2. Philips Healthcare
3. ResMed Inc.
4. Hill-Rom Holdings, Inc.
5. Stryker Corporation
6. Becton, Dickinson and Company (BD)
7. Invacare Corporation
8. 3M Healthcare
9. GE Healthcare
10. Baxter International Inc.
11. Smith & Nephew
12. Abbott Laboratories
13. Johnson & Johnson
14. Fresenius Medical Care
15. Cardinal Health, Inc.
16. Zimmer Biomet Holdings, Inc.
17. Boston Scientific Corporation
18. Siemens Healthineers
19. Teleflex Incorporated
20. Halyard Health, Inc.

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Key questions answered in Durable Medical Equipment Market are:

  • Who held the largest market share in Durable Medical Equipment Market?
  • What is the demand pattern for the Durable Medical Equipment Market?
  • What are the opportunities for the Durable Medical Equipment Market?
  • What are the strategies used by competitors in the Durable Medical Equipment Market?
  • What are the growth prospects in developing countries for the Durable Medical Equipment Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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