Global Durable Medical Equipment Market is Rising Exponentially at Rate of 5.84% During the Anticipated Period

The Global Durable Medical Equipment Market is expected to rise at annual rate 5.84% in the forecast period of 2021 to 2028, and is estimated to reach the value of USD 176.66 billion by 2028 due to the rising patient preference for home-based care.

On the other hand, rising adoption of minimally invasive surgeries and issues related to reimbursement against the purchase of DME are expected to obstruct the market growth in the above mentioned forecast period. The increase in reduction in the number of beds in public hospitals and long approval for the commercialization of specific DME are projected to challenge the durable medical equipment market.

Durable Medical Equipment Market Scenario

According to Data Bridge Market Research the markets for the durable medical equipment market is escalating due to the increase in prevalence of chronic diseases across the globe and rising geriatric population base. Additionally, rising technological advancements in the medical equipment, and rising number of neurological and cardiovascular disorders positively affect the

Furthermore, technological advancements and modernization in the production of paracetamol extends profitable opportunities to the market players.

Now the question is which are the other regions that durable medical equipment market is targeting? Data Bridge Market Research has estimated Europe is expected to witness significant growth in the forecast period of 2021 to 2028 owning to the rising supportive government initiatives and increasing prevalence of chronic diseases in this region.

For more analysis on the durable medical equipment market, request for a briefing with our analysts, https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-durable-medical-equipment-market

Durable Medical Equipment Market Scope

The durable medical equipment market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

All country-based analysis durable medical equipment market is further analyzed based on maximum granularity into further segmentation. The durable medical equipment market on the basis of device type has been segmented into personal mobility devices, medical furniture, monitoring and therapeutic devices, and bathroom safety devices. Based on end-user, the durable medical equipment market is segmented into hospital/clinic, ambulatory surgical center, research centers, home healthcare and others. The durable medical equipment market is also segmented on the basis of payer into public, private and out-of-pocket.

Medical equipment is generally classified into two types including disposable medical equipment and durable medical equipment. Durable medical equipment is known to be reusable and can also be used for the long run.

To know more about the study, please click on the below mentioned link, https://www.databridgemarketresearch.com/reports/global-durable-medical-equipment-market

Key Pointers Covered in the Durable Medical Equipment Market Industry Trends and Forecast to 2028

Market Size

Market New Sales Volumes

Market Replacement Sales Volumes

Market By Brands

Market Procedure Volumes

Market Product Price Analysis

Market Regulatory Framework and Changes

Market Shares in Different Regions

Recent Developments for Market Competitors

Market Upcoming Applications

Market Innovators Study

Key Market Competitors Covered in the report

GENERAL ELECTRIC COMPANY

Compass Health Brands

Getinge AB

GF HEALTH PRODUCTS, IN

Medtronic

Invacare Corporation

Sunrise Medical

Koninklijke Philips N.V.

Medline Industries, Inc.

Masimo, Arjo

Hill-Rom Services, Inc

Stryker Corporation

Medical Device Depot Inc

BD, Baxter.

Medical Depot, Inc

Above are the key players covered in the report, to know about more and exhaustive list of durable medical equipment companies contact, https://www.databridgemarketresearch.com/toc/?dbmr=global-durable-medical-equipment-market

Research Methodology: Global Durable Medical Equipment Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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