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Durable Medical Equipment (DME)-Global Market Insights and Sales Trends 2024
Synopsis
Durable Medical Equipment (DME) is a medical equipment that durable, can be used in the home and have at least 3 years of life expectancy.
The global Durable Medical Equipment (DME) market size is expected to reach US$ 282900 million by 2029, growing at a CAGR of 6.8% from 2023 to 2029. The market is mainly driven by the significant applications of Durable Medical Equipment (DME) in various end use industries. The expanding demands from the Hospitals, Nursing Homes, Home Healthcare and Others, are propelling Durable Medical Equipment (DME) market. Personal Mobility Devices, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bathroom Safety Devices segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Durable Medical Equipment (DME), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Durable Medical Equipment (DME) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Durable Medical Equipment (DME) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Durable Medical Equipment (DME) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Durable Medical Equipment (DME) covered in this report include Invacare, Sunrise Medical, ArjoHuntleigh, Hill Rom, Stryker, Medline, Drive Medical, GF and Carex, etc.
The global Durable Medical Equipment (DME) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Invacare
Sunrise Medical
ArjoHuntleigh
Hill Rom
Stryker
Medline
Drive Medical
GF
Carex
Global Durable Medical Equipment (DME) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Durable Medical Equipment (DME) market, Segment by Type:
Personal Mobility Devices
Bathroom Safety Devices
Medical Furniture
Monitoring and Therapeutic Devices
Global Durable Medical Equipment (DME) market, by Application
Hospitals
Nursing Homes
Home Healthcare
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Durable Medical Equipment (DME) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Durable Medical Equipment (DME) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Durable Medical Equipment (DME) is a medical equipment that durable, can be used in the home and have at least 3 years of life expectancy.
The global Durable Medical Equipment (DME) market size is expected to reach US$ 282900 million by 2029, growing at a CAGR of 6.8% from 2023 to 2029. The market is mainly driven by the significant applications of Durable Medical Equipment (DME) in various end use industries. The expanding demands from the Hospitals, Nursing Homes, Home Healthcare and Others, are propelling Durable Medical Equipment (DME) market. Personal Mobility Devices, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bathroom Safety Devices segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Durable Medical Equipment (DME), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Durable Medical Equipment (DME) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Durable Medical Equipment (DME) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Durable Medical Equipment (DME) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Durable Medical Equipment (DME) covered in this report include Invacare, Sunrise Medical, ArjoHuntleigh, Hill Rom, Stryker, Medline, Drive Medical, GF and Carex, etc.
The global Durable Medical Equipment (DME) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Invacare
Sunrise Medical
ArjoHuntleigh
Hill Rom
Stryker
Medline
Drive Medical
GF
Carex
Global Durable Medical Equipment (DME) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Durable Medical Equipment (DME) market, Segment by Type:
Personal Mobility Devices
Bathroom Safety Devices
Medical Furniture
Monitoring and Therapeutic Devices
Global Durable Medical Equipment (DME) market, by Application
Hospitals
Nursing Homes
Home Healthcare
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Durable Medical Equipment (DME) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Durable Medical Equipment (DME) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Durable Medical Equipment (DME) Market Overview
1.1 Durable Medical Equipment (DME) Product Overview
1.2 Durable Medical Equipment (DME) Market Segment by Type
1.2.1 Personal Mobility Devices
1.2.2 Bathroom Safety Devices
1.2.3 Medical Furniture
1.2.4 Monitoring and Therapeutic Devices
1.3 Global Durable Medical Equipment (DME) Market Size by Type
1.3.1 Global Durable Medical Equipment (DME) Market Size Overview by Type (2018-2029)
1.3.2 Global Durable Medical Equipment (DME) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Durable Medical Equipment (DME) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Durable Medical Equipment (DME) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Durable Medical Equipment (DME) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Durable Medical Equipment (DME) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Durable Medical Equipment (DME) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Durable Medical Equipment (DME) Sales Breakdown by Type (2018-2023)
2 Global Durable Medical Equipment (DME) Market Competition by Company
2.1 Global Top Players by Durable Medical Equipment (DME) Sales (2018-2023)
2.2 Global Top Players by Durable Medical Equipment (DME) Revenue (2018-2023)
2.3 Global Top Players by Durable Medical Equipment (DME) Price (2018-2023)
2.4 Global Top Manufacturers Durable Medical Equipment (DME) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Durable Medical Equipment (DME) Market Competitive Situation and Trends
2.5.1 Durable Medical Equipment (DME) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Durable Medical Equipment (DME) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Durable Medical Equipment (DME) as of 2022)
2.7 Date of Key Manufacturers Enter into Durable Medical Equipment (DME) Market
2.8 Key Manufacturers Durable Medical Equipment (DME) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Durable Medical Equipment (DME) Status and Outlook by Region
3.1 Global Durable Medical Equipment (DME) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Durable Medical Equipment (DME) Historic Market Size by Region
3.2.1 Global Durable Medical Equipment (DME) Sales in Volume by Region (2018-2023)
3.2.2 Global Durable Medical Equipment (DME) Sales in Value by Region (2018-2023)
3.2.3 Global Durable Medical Equipment (DME) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Durable Medical Equipment (DME) Forecasted Market Size by Region
3.3.1 Global Durable Medical Equipment (DME) Sales in Volume by Region (2024-2029)
3.3.2 Global Durable Medical Equipment (DME) Sales in Value by Region (2024-2029)
3.3.3 Global Durable Medical Equipment (DME) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Durable Medical Equipment (DME) by Application
4.1 Durable Medical Equipment (DME) Market Segment by Application
4.1.1 Hospitals
4.1.2 Nursing Homes
4.1.3 Home Healthcare
4.1.4 Others
4.2 Global Durable Medical Equipment (DME) Market Size by Application
4.2.1 Global Durable Medical Equipment (DME) Market Size Overview by Application (2018-2029)
4.2.2 Global Durable Medical Equipment (DME) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Durable Medical Equipment (DME) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Durable Medical Equipment (DME) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Durable Medical Equipment (DME) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Durable Medical Equipment (DME) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Durable Medical Equipment (DME) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Durable Medical Equipment (DME) Sales Breakdown by Application (2018-2023)
5 North America Durable Medical Equipment (DME) by Country
5.1 North America Durable Medical Equipment (DME) Historic Market Size by Country
5.1.1 North America Durable Medical Equipment (DME) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Durable Medical Equipment (DME) Sales in Volume by Country (2018-2023)
5.1.3 North America Durable Medical Equipment (DME) Sales in Value by Country (2018-2023)
5.2 North America Durable Medical Equipment (DME) Forecasted Market Size by Country
5.2.1 North America Durable Medical Equipment (DME) Sales in Volume by Country (2024-2029)
5.2.2 North America Durable Medical Equipment (DME) Sales in Value by Country (2024-2029)
6 Europe Durable Medical Equipment (DME) by Country
6.1 Europe Durable Medical Equipment (DME) Historic Market Size by Country
6.1.1 Europe Durable Medical Equipment (DME) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Durable Medical Equipment (DME) Sales in Volume by Country (2018-2023)
6.1.3 Europe Durable Medical Equipment (DME) Sales in Value by Country (2018-2023)
6.2 Europe Durable Medical Equipment (DME) Forecasted Market Size by Country
6.2.1 Europe Durable Medical Equipment (DME) Sales in Volume by Country (2024-2029)
6.2.2 Europe Durable Medical Equipment (DME) Sales in Value by Country (2024-2029)
7 Asia-Pacific Durable Medical Equipment (DME) by Region
7.1 Asia-Pacific Durable Medical Equipment (DME) Historic Market Size by Region
7.1.1 Asia-Pacific Durable Medical Equipment (DME) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Durable Medical Equipment (DME) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Durable Medical Equipment (DME) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Durable Medical Equipment (DME) Forecasted Market Size by Region
7.2.1 Asia-Pacific Durable Medical Equipment (DME) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Durable Medical Equipment (DME) Sales in Value by Region (2024-2029)
8 Latin America Durable Medical Equipment (DME) by Country
8.1 Latin America Durable Medical Equipment (DME) Historic Market Size by Country
8.1.1 Latin America Durable Medical Equipment (DME) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Durable Medical Equipment (DME) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Durable Medical Equipment (DME) Sales in Value by Country (2018-2023)
8.2 Latin America Durable Medical Equipment (DME) Forecasted Market Size by Country
8.2.1 Latin America Durable Medical Equipment (DME) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Durable Medical Equipment (DME) Sales in Value by Country (2024-2029)
9 Middle East and Africa Durable Medical Equipment (DME) by Country
9.1 Middle East and Africa Durable Medical Equipment (DME) Historic Market Size by Country
9.1.1 Middle East and Africa Durable Medical Equipment (DME) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Durable Medical Equipment (DME) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Durable Medical Equipment (DME) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Durable Medical Equipment (DME) Forecasted Market Size by Country
9.2.1 Middle East and Africa Durable Medical Equipment (DME) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Durable Medical Equipment (DME) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Invacare
10.1.1 Invacare Company Information
10.1.2 Invacare Introduction and Business Overview
10.1.3 Invacare Durable Medical Equipment (DME) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Invacare Durable Medical Equipment (DME) Products Offered
10.1.5 Invacare Recent Development
10.2 Sunrise Medical
10.2.1 Sunrise Medical Company Information
10.2.2 Sunrise Medical Introduction and Business Overview
10.2.3 Sunrise Medical Durable Medical Equipment (DME) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sunrise Medical Durable Medical Equipment (DME) Products Offered
10.2.5 Sunrise Medical Recent Development
10.3 ArjoHuntleigh
10.3.1 ArjoHuntleigh Company Information
10.3.2 ArjoHuntleigh Introduction and Business Overview
10.3.3 ArjoHuntleigh Durable Medical Equipment (DME) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ArjoHuntleigh Durable Medical Equipment (DME) Products Offered
10.3.5 ArjoHuntleigh Recent Development
10.4 Hill Rom
10.4.1 Hill Rom Company Information
10.4.2 Hill Rom Introduction and Business Overview
10.4.3 Hill Rom Durable Medical Equipment (DME) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Hill Rom Durable Medical Equipment (DME) Products Offered
10.4.5 Hill Rom Recent Development
10.5 Stryker
10.5.1 Stryker Company Information
10.5.2 Stryker Introduction and Business Overview
10.5.3 Stryker Durable Medical Equipment (DME) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Stryker Durable Medical Equipment (DME) Products Offered
10.5.5 Stryker Recent Development
10.6 Medline
10.6.1 Medline Company Information
10.6.2 Medline Introduction and Business Overview
10.6.3 Medline Durable Medical Equipment (DME) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Medline Durable Medical Equipment (DME) Products Offered
10.6.5 Medline Recent Development
10.7 Drive Medical
10.7.1 Drive Medical Company Information
10.7.2 Drive Medical Introduction and Business Overview
10.7.3 Drive Medical Durable Medical Equipment (DME) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Drive Medical Durable Medical Equipment (DME) Products Offered
10.7.5 Drive Medical Recent Development
10.8 GF
10.8.1 GF Company Information
10.8.2 GF Introduction and Business Overview
10.8.3 GF Durable Medical Equipment (DME) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 GF Durable Medical Equipment (DME) Products Offered
10.8.5 GF Recent Development
10.9 Carex
10.9.1 Carex Company Information
10.9.2 Carex Introduction and Business Overview
10.9.3 Carex Durable Medical Equipment (DME) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Carex Durable Medical Equipment (DME) Products Offered
10.9.5 Carex Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Durable Medical Equipment (DME) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Durable Medical Equipment (DME) Industrial Chain Analysis
11.4 Durable Medical Equipment (DME) Market Dynamics
11.4.1 Durable Medical Equipment (DME) Industry Trends
11.4.2 Durable Medical Equipment (DME) Market Drivers
11.4.3 Durable Medical Equipment (DME) Market Challenges
11.4.4 Durable Medical Equipment (DME) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Durable Medical Equipment (DME) Distributors
12.3 Durable Medical Equipment (DME) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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