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,

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,

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

  • Compass Health Brands
  • Getinge AB
  • 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,

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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