
Durable Medical Equipment Market by Product (Bathroom Safety Devices & Medical Furniture, Monitoring & Therapeutic Devices, Personal Mobility Devices), Payer (Out-of-Pocket, Private, Public), End-Use - Global Forecast 2024-2030
Description
Durable Medical Equipment Market by Product (Bathroom Safety Devices & Medical Furniture, Monitoring & Therapeutic Devices, Personal Mobility Devices), Payer (Out-of-Pocket, Private, Public), End-Use - Global Forecast 2024-2030
The Durable Medical Equipment Market size was estimated at USD 45.01 billion in 2023 and expected to reach USD 50.84 billion in 2024, at a CAGR 13.04% to reach USD 106.18 billion by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Durable Medical Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Durable Medical Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Durable Medical Equipment Market, highlighting leading vendors and their innovative profiles. These include 3Gen Consulting Services, LLP, Aero Mobility, Inc., Arjo AB, Avante Health Solutions Company, Becton, Dickinson and Company, Braun Corporation, Cardinal Health, Carlisle Medical, Inc., Compass Health Brands by Tenex Capital Management, GF Health Products, Inc., Intco Medical Technology Co., Ltd., Koninklijke Philips N.V., Masimo Corporation, McKesson Corporation, Medline Industries, Inc., and Stryker Corporation.
Market Segmentation & Coverage
This research report categorizes the Durable Medical Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product
Bathroom Safety Devices & Medical Furniture
Monitoring & Therapeutic Devices
Personal Mobility Devices
Payer
Out-of-Pocket
Private
Public
End-Use
Home Healthcare
Hospitals
Nursing Homes
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Durable Medical Equipment Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Durable Medical Equipment Market?
3. What are the technology trends and regulatory frameworks in the Durable Medical Equipment Market?
4. What is the market share of the leading vendors in the Durable Medical Equipment Market?
5. Which modes and strategic moves are suitable for entering the Durable Medical Equipment Market?PDF E-mail From Publisher (2-5)Users License
Table of Contents
180 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Durable Medical Equipment Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing cases of chronic diseases in geriatric population
- 5.1.1.2. Rising growth of home healthcare
- 5.1.1.3. Improvements in standardization of durable medical equipment written order/prescription
- 5.1.2. Restraints
- 5.1.2.1. High maintenance and equipment cost
- 5.1.3. Opportunities
- 5.1.3.1. Growing technological innovation in the medical devices
- 5.1.3.2. Availability of coverage and reimbursement policies
- 5.1.4. Challenges
- 5.1.4.1. Lack of skilled professionals to handle the equipment
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Durable Medical Equipment Market, by Product
- 6.1. Introduction
- 6.2. Bathroom Safety Devices & Medical Furniture
- 6.3. Monitoring & Therapeutic Devices
- 6.4. Personal Mobility Devices
- 7. Durable Medical Equipment Market, by Payer
- 7.1. Introduction
- 7.2. Out-of-Pocket
- 7.3. Private
- 7.4. Public
- 8. Durable Medical Equipment Market, by End-Use
- 8.1. Introduction
- 8.2. Home Healthcare
- 8.3. Hospitals
- 8.4. Nursing Homes
- 9. Americas Durable Medical Equipment Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Durable Medical Equipment Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Durable Medical Equipment Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. 3Gen Consulting Services, LLP
- 13.1.2. Aero Mobility, Inc.
- 13.1.3. Arjo AB
- 13.1.4. Avante Health Solutions Company
- 13.1.5. Becton, Dickinson and Company
- 13.1.6. Braun Corporation
- 13.1.7. Cardinal Health
- 13.1.8. Carlisle Medical, Inc.
- 13.1.9. Compass Health Brands by Tenex Capital Management
- 13.1.10. GF Health Products, Inc.
- 13.1.11. Intco Medical Technology Co., Ltd.
- 13.1.12. Koninklijke Philips N.V.
- 13.1.13. Masimo Corporation
- 13.1.14. McKesson Corporation
- 13.1.15. Medline Industries, Inc.
- 13.1.16. Stryker Corporation
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. DURABLE MEDICAL EQUIPMENT MARKET RESEARCH PROCESS
- FIGURE 2. DURABLE MEDICAL EQUIPMENT MARKET SIZE, 2023 VS 2030
- FIGURE 3. DURABLE MEDICAL EQUIPMENT MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. DURABLE MEDICAL EQUIPMENT MARKET DYNAMICS
- FIGURE 7. DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
- FIGURE 8. DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY PAYER, 2023 VS 2030 (%)
- FIGURE 10. DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY PAYER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
- FIGURE 12. DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA DURABLE MEDICAL EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. DURABLE MEDICAL EQUIPMENT MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. DURABLE MEDICAL EQUIPMENT MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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