Durable Medical Equipment (DME) Market Overview, Supply Chain and Analysis to 2013-2024
Durable medical equipment can be either used alone or in combination with other equipment as well for safety, monitoring and diagnosis of disease. They proficiently assist in recovering health of large population across globe
Durable medical equipment can be either used alone or in combination with other equipment as well for safety, monitoring and diagnosis of disease. They proficiently assist in recovering health of large population across globe
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<strong>Durable</strong> <strong>Medical</strong> <strong>Equipment</strong> (<strong>DME</strong>) <strong>Market</strong> <strong>Overview</strong>, <strong>Supply</strong><br />
<strong>Chain</strong> <strong>and</strong> <strong>Analysis</strong> <strong>to</strong> <strong>2013</strong>-<strong>2024</strong><br />
“<strong>Durable</strong> medical equipment can be either used alone or in combination with<br />
other equipment as well for safety, moni<strong>to</strong>ring <strong>and</strong> diagnosis of disease. They<br />
proficiently assist in recovering health of large population across globe.”<br />
Global <strong>Durable</strong> <strong>Medical</strong> <strong>Equipment</strong> (<strong>DME</strong>) <strong>Market</strong> is estimated <strong>to</strong> reach USD 242.1 billion by <strong>2024</strong> owing <strong>to</strong> the<br />
increasing prevalence of chronic diseases that require long-term care. <strong>Durable</strong> medical equipment enable<br />
therapeutic benefits <strong>to</strong> a patient arising out of medical condition or illness. <strong>DME</strong> are prescribed by a physician<br />
<strong>to</strong> primarily serve medical purposes. They comprise wheelchairs, traction equipment, hospital beds, crutches,<br />
canes, ventila<strong>to</strong>rs, pressure mattresses, oxygen moni<strong>to</strong>rs, walkers, kidney machines, nebulizers, etc. which are<br />
reusable <strong>and</strong> can also be appropriately used at home.<br />
<strong>Durable</strong> medical equipment can be either used alone or in combination with other equipment as well for safety,<br />
moni<strong>to</strong>ring <strong>and</strong> diagnosis of disease. They proficiently assist in recovering health of large population across<br />
globe. The enhancement of medical equipment technologies has improved diagnosis <strong>and</strong> treatments of<br />
patients. Earlier, where the wheelchairs were operated manually, <strong>to</strong>day powered wheelchairs are widely<br />
replacing the manual ones.<br />
Moreover, the growing dem<strong>and</strong> for powered wheelchairs <strong>and</strong> the modernizations in equipment are projected<br />
<strong>to</strong> stimulate the growth of durable medical equipment (<strong>DME</strong>) industry in the years <strong>to</strong> come. Furthermore, the<br />
emergence of transfer lifts <strong>and</strong> mobility scooters in au<strong>to</strong>mated version is predicted <strong>to</strong> propel the growth of<br />
market significantly. These benefits are allowing people <strong>to</strong> avail more reliable healthcare systems <strong>and</strong> services<br />
which ultimately speed up their recovery chances.<br />
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However, chronic diseases like neurological diseases, cardiac diseases <strong>and</strong> cancers are considerably contributing<br />
<strong>to</strong> durable medical equipment (<strong>DME</strong>) market. Along with the growing prevalence of chronic diseases, diseases<br />
like diabetic foot, pressure ulcers & cancer that need long-term patient care <strong>and</strong> pos<strong>to</strong>perative recovery are<br />
expected <strong>to</strong> contribute impressively <strong>to</strong> the market in the long-run.<br />
As compared <strong>to</strong> the expensive hospital stay, home healthcare is a comparatively economic option for patients<br />
<strong>to</strong>day. Therefore, patients prefer <strong>to</strong> opt post-operative recovery <strong>and</strong> long-term care at home itself. The growing<br />
dem<strong>and</strong> for home healthcare services open opportunities for the <strong>DME</strong> market players <strong>to</strong> up sell <strong>and</strong> cross sell<br />
various equipment. Hence, the explosion of home healthcare services has contributed comprehensively <strong>to</strong> the<br />
durable medical equipment (<strong>DME</strong>) industry. Also, the increasing geriatric population base worldwide is<br />
predicted <strong>to</strong> propel the industry in the forecast period. <strong>Durable</strong> medical equipment (<strong>DME</strong>) market is categorized<br />
on the basis of equipment type, end-user, <strong>and</strong> geography. On the basis of equipment type, the market is divided<br />
in<strong>to</strong> bathroom safety devices, personal mobility devices, moni<strong>to</strong>ring <strong>and</strong> therapeutic devices <strong>and</strong> medical<br />
furniture. Personal mobility devices segment is further divided in<strong>to</strong> crutches & canes, wheelchairs, walkers, etc.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/durable-medical-equipment-dme-market<br />
<strong>Medical</strong> furniture is further classified in<strong>to</strong> medical beds, stretchers, lift chairs, mattress, etc. In terms of enduser,<br />
durable medical equipment (<strong>DME</strong>) industry is segmented as hospitals, ambula<strong>to</strong>ry surgical centers, home<br />
care settings, long-term care centers, etc. Hospital segment is projected <strong>to</strong> hold majority share of the market<br />
owing <strong>to</strong> increasing number of hospitals <strong>and</strong> growing government initiatives for improving the health care<br />
segment.<br />
Geographically, the durable medical equipment market is segmented in<strong>to</strong> North America, Latin America, Asia<br />
Pacific, Europe, <strong>and</strong> Middle East & Africa. Asia Pacific is predicted <strong>to</strong> hold larger share of the market in the<br />
coming years due <strong>to</strong> the growing population in this region <strong>and</strong> rising preference for invasive <strong>and</strong> non-invasive<br />
moni<strong>to</strong>ring devices like oxygen equipment <strong>and</strong> negative pressure wound therapy (NPWT) pumps.<br />
Furthermore, the increasing number of investments by governments of emerging economies <strong>to</strong> improve the<br />
healthcare sec<strong>to</strong>r is also predicted <strong>to</strong> impact the market positively. The prominent durable medical equipment<br />
(<strong>DME</strong>) industry players comprise Baxter International Inc., Stryker Corporation, Medtronicplc. Bec<strong>to</strong>n, Drive<br />
DeVilbiss Healthcare, Dickinson <strong>and</strong> Company, Medline Industries, Inc., Invacare Corporation, Sunrise <strong>Medical</strong><br />
(US) LLC, ResMed, Inc., <strong>Medical</strong> Depot Inc., <strong>and</strong> Hill-Rom Holdings, Inc.<br />
<strong>Market</strong> Segmennt:<br />
Global <strong>Durable</strong> <strong>Medical</strong> Devices Product Outlook (Revenue, USD Million, <strong>2013</strong> - <strong>2024</strong>)<br />
• Personal Mobility Devices<br />
• Wheelchairs<br />
• Scooters<br />
• Walker <strong>and</strong> Rolla<strong>to</strong>rs<br />
• Cranes <strong>and</strong> Crutches
• Door Openers<br />
• Other Devices<br />
• Bathroom safety devices <strong>and</strong> medical furniture<br />
• Commodes <strong>and</strong> Toilets<br />
• Mattress & Bedding Devices<br />
• Moni<strong>to</strong>ring <strong>and</strong> therapeutic devices<br />
• Blood sugar moni<strong>to</strong>rs<br />
• Continuous passive motion (CPM)<br />
• Infusion pumps market<br />
• Nebulizers<br />
• Oxygen equipment<br />
• Continuous Positive Airway Pressure (CPAP)<br />
• Suction pumps<br />
• Traction equipment<br />
• Others equipment<br />
Global <strong>Durable</strong> <strong>Medical</strong> Devices End-Use Outlook (Revenue, USD Million, <strong>2013</strong> - <strong>2024</strong>)<br />
• Hospital<br />
• Nursing Homes<br />
• Home Healthcare<br />
• Other End-User<br />
<strong>Durable</strong> <strong>Medical</strong> Devices Regional Outlook (Revenue, USD Million, <strong>2013</strong> - <strong>2024</strong>)<br />
• North America<br />
• U.S.<br />
• Canada<br />
• Europe<br />
• UK<br />
• Germany<br />
• Asia Pacific<br />
• Japan<br />
• China<br />
• Latin America<br />
• Brazil<br />
• Mexico<br />
• MEA<br />
• South Africa<br />
• Saudi Arabia<br />
See More Reports of this Category by Million Insights @<br />
https://www.millioninsights.com/industry/medical-devices
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