Durable Medical Equipment (DME) Market Size, Research, Analysis - PowerPoint PPT Presentation

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Durable Medical Equipment (DME) Market Size, Research, Analysis

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The global durable medical equipment (DME) market is estimated to garner around USD 270 billion in revenue by 2031 by growing at a CAGR of nearly 6% over the forecast period, i.e., 2022 – 2031. The growth of the market can be attributed to the growing geriatric population and the rising demand for home healthcare services on the back of increasing patients’ preference of availing post-operative and long-term care at home. – PowerPoint PPT presentation

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Title: Durable Medical Equipment (DME) Market Size, Research, Analysis


1
Growth of the Global Durable Medical Equipment
(DME) Market to be Propelled by Increasing
Geriatric Population and Rising Demand for Home
Healthcare Services by a CAGR of 6 During 2022
2031 Kenneth Research published a report titled
Durable Medical Equipment (DME) Market Global
Demand Analysis Opportunity Outlook 2031 which
delivers detailed overview of the durable
medical equipment in terms of market segmentation
by device, end user, and by region. Further, for
the in-depth analysis, the report encompasses the
industry growth indicators, restraints, supply
and demand risk, along with detailed discussion
on current and future market trends that are
associated with the growth of the
market. Increasing geriatric population, and
rising demand for home healthcare services are
driving the demand for durable medical
equipment. For instance, according to the World
Ageing Population Report 2019 by the United
Nations, the number of people aged 65 years and
above was 703 million, globally, in 2019 and is
expected to double to be more than 1.5 billion in
2050. Owing to these factors, the global durable
medical equipment (DME) market is estimated to
garner approximately USD 270 billion in revenue
by the end of 2031 by growing at a CAGR of
nearly 6 throughout the forecast period, i.e.,
2022 2031. Request sample report -
https//www.kennethresearch.com/sample-request-
10070523 The global market is segmented by device
into personal mobility devices, medical
furniture, bathroom safety devices, monitoring
and therapeutic devices, and others. Out of these
segments, the personal mobility devices segment
is anticipated to hold the major share over the
forecast period. The growth can be attributed to
the launch of the technologically advanced
products with more comfort and portability. Geogra
phically, the market is segmented into five major
regions including North America, Europe, Asia
Pacific, Latin America and Middle East Africa
region. Among these regions, the market in North
America is estimated to hold the largest share of
the market and witness significant growth over
the forecast period. The factors driving the
market growth in the region are increasing
chronic diseases, and growing adoption for
home-based monitoring devices.
2
Additionally, the market in Asia Pacific region
is projected to grow at the highest rate over the
forecast period. The research is global in
nature and covers detailed analysis on the market
in North America (U.S., Canada), Europe (U.K.,
Germany, France, Italy, Spain, Hungary, Belgium,
Netherlands Luxembourg, NORDIC Finland,
Sweden, Norway, Denmark, Poland, Turkey, Russia,
Rest of Europe), Latin America (Brazil, Mexico,
Argentina, Rest of Latin America), Asia-Pacific
(China, India, Japan, South Korea, Indonesia,
Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa
(Israel, GCC Saudi Arabia, UAE, Bahrain, Kuwait,
Qatar, Oman, North Africa, South Africa, Rest
of Middle East and Africa). In addition, analysis
comprising market size, Y-O-Y growth
opportunity analysis, market players competitive
study, investment opportunities, demand for
future outlook etc. has also been covered and
displayed in the research report. Request sample
report - https//www.kennethresearch.com/sample-r
equest- 10070523 Increasing Utility of Durable
Medical Equipment for Diverse Aspects to Boost
the Market Growth The increasing utility of
durable medical equipment for diverse aspects,
such as BP monitoring, blood glucose analyzers,
nebulizers and many others are expected to
increase the demand for these products. This is
a key factor that is anticipated to drive the
growth of the market during the forecast period.
Additionally, increased manufacturing of critical
medical equipment, and improved healthcare
facilities are further expected to boost the
market in upcoming years. However, high cost
involved in the manufacturing of durable medical
equipment, and lack of skilled personnel to
operate the equipment are expected to operate as
key restraints to the growth of the global DME
market over the forecast period. This report also
provides the existing competitive scenario of
some of the key players of the global durable
medical equipment (DME) market which includes
company profiling of Stryker, NIHON KOHDEN
CORPORATION, General Electric Company, GF Health
Products, Inc., Medtronic, Getinge AB, Compass
Health Brands, Dun Bradstreet, Inc.,
Koninklijke Philips N.V., Medical Device Depot,
Inc., and others.
3
The profiling enfolds key information of the
companies which encompasses business overview,
products and services, key financials and recent
news and developments. On the whole, the report
depicts detailed overview of the global durable
medical equipment (DME) market that will help
industry consultants, equipment manufacturers,
existing players searching for expansion
opportunities, new players searching
possibilities and other stakeholders to align
their market centric strategies according to the
ongoing and expected trends in the
future. Request sample report -
https//www.kennethresearch.com/sample-request-
10070523 Kenneth Research is a leading service
provider for strategic market research and
consulting. We aim to provide unbiased,
unparalleled market insights and industry
analysis to help industries, conglomerates and
executives to take wise decisions for their
future marketing strategy, expansion and
investment etc. We believe every business can
expand to its new horizon, provided a right
guidance at a right time is available through
strategic minds. Our out of box thinking helps
our clients to take wise decision in order to
avoid future uncertainties. Contact for more
Info AJ Daniel Email sales_at_kennethresearch.com
U.S. Phone 1 313 462 0609
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