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 6.2% during 2023-2028.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Durable Medical
Equipment (DME) Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028," the global durable medical equipment
(DME) market size reached US$ 204.2 Billion in 2022.
Durable medical equipment is used in clinics, hospitals, and home care
settings to provide a better quality of life to patients with debilitating medical
conditions, illnesses, or injuries. It is covered in many insurance policies and
includes iron lungs, catheters, CPAP, hospital beds, iron lungs, nebulizers,
oxygen tents, blood-testing strips and blood glucose monitors, and
wheelchairs.
It is furnished on a rental basis for a long duration or purchased. It is
prescribed by a physician or healthcare provider to accommodate a patient's
temporary disability, as in the case of a wheelchair or crutches for a recovering
patient, or as part of a patient's long-term care plan for their chronic or life-
limiting condition, such as a mechanical ventilator for a patient with advanced
lung disease.
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4. Report Description
Global Durable Medical Equipment (DME) Market Trends:
The global market is majorly driven by the increasing incidences of cancer, cardiac disorders, neurological
conditions, and gynecological complications. In line with this, better coverage and favorable reimbursement
policies for durable medical equipment products are expected to positively influence the product demand.
Furthermore, the rising number of elderly care centers due to the expanding geriatric population base and its
susceptibility to skeletal, cardiac, and neurological conditions, which augments the need for long-term care and
recovery, are anticipated to increase the demand for DME products.
Moreover, the introduction of technologically advanced products with improved patient comfort and portability is
creating a positive outlook for the market. Additionally, the escalating preference for availing post-operative and
long-term care at home is providing a boost to the market. Some of the other factors driving the market expansion
include continual technological advancements in DME, inflating disposable incomes of consumers, and rapid
adoption of home-based monitoring devices.
Looking forward, the market is anticipated to reach a value of US$ 294.4 Billion by 2028, exhibiting a CAGR
of 6.2% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/durable-medical-equipment-market
5. Report
Segmentation
Breakup by Product:
• Personal Mobility Devices
o W heelchairs
o Scooters
o Walker and Rollators
o Cranes and Crutches
o Door Openers
o Others
• Bathroom Safety Devices and Medical Furniture
o Commodes and Toilets
o Mattress and Bedding Devices
• Monitoring and Therapeutic Devices
o Blood Sugar Monitors
o Continuous Passive Motion (CPM)
o Infusion Pumps
o Nebulizers
o Oxygen Equipment
o Continuous Positive Airway Pressure
(CPAP)
6. Report
Segmentation
o Suction Pumps
o Traction Equipment
o Others
Breakup by End Use:
• Hospital
• Nursing Homes
• Home Healthcare
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• 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)
• Stryker Corporation.
8. Key Questions
Answered in
the Report
What was the size of the global Durable Medical Equipment
(DME) market in 2022?
What is the expected growth rate of the global Durable
Medical Equipment (DME) market during 2023-2028?
What are the key factors driving the global Durable Medical
Equipment (DME) market?
What has been the impact of COVID-19 on the global Durable
Medical Equipment (DME) market?
What is the breakup of the global Durable Medical Equipment
(DME) market based on the product?
What is the breakup of the global Durable Medical Equipment
(DME) market based on the end use?
What are the key regions in the global Durable Medical
Equipment (DME) market?
Who are the key players/companies in the global Durable
Medical Equipment (DME) market?
9. 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 W heelchairs
6.1.2.2 Scooters
6.1.2.3 W alker and Rollators
6.1.2.4 Cranes and Crutches
6.1.2.5 Door Openers
6.1.2.6 Others
6.1.3 Mark et Forecast
10. Table of
Contents
6.2 Bathroom Saf ety Devices and Medical Furniture
6.2.1 Mark et 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 Mark et 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 Mark et Forecast
7 Market Breakup by End Use
7.1 Hospital
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Nursing Homes
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Home Healthcare
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
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market/toc