Durable Medical Equipment (DME) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Durable Medical Equipment (DME) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global durable medical equipment (DME) market size reached US$ 191.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 277.1 Billion by 2027, exhibiting a CAGR of 6.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Durable medical equipment (DME) comprises wheelchairs, walkers, canes, crutches, ventilators, oxygen monitors, and nebulizers. It is non-disposable equipment utilized in clinics, hospitals, and home care settings to help patients live a better quality of life. It assists in diagnosing or treating an illness or injury, supporting a disabled body part, and preventing a condition from becoming worse. Besides this, it also provides therapeutic benefits intended for the management of several medical ailments. As it is durable and reusable, DME is prescribed by physicians and usually covered in healthcare plans across the globe.

Durable Medical Equipment (DME) Market Trends:
The increasing prevalence of cancer, cardiac disorders, neurological conditions, ophthalmic ailments, and gynecological complications around the world represents one of the key factors significantly contributing to the market growth. Additionally, the rising geriatric population, which is more prone to disabilities, coupled with the increasing number of elderly care centers, is supporting the growth of the market. Furthermore, DME is gaining immense popularity worldwide as it is extensively utilized in long-term care after surgery. Moreover, the introduction of various technologically advanced products that ensure patient comfort and portability, along with the integration of medical equipment with artificial intelligence (AI) technology, is acting as another growth-inducing factor. Besides this, the coronavirus disease (COVID-19) outbreak has resulted in the surging demand for DME to expand the healthcare capacity in local hospitals and healthcare systems across the globe. Other major factors, including better coverage and reimbursement policies for DME products, rising number of hospitals, increasing expenditure on healthcare infrastructure, and the growing presence of skilled professionals, are projected to drive the market further in the coming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global durable medical equipment (DME) market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product and end use.

Breakup by Product:

Personal Mobility Devices
Wheelchairs
Scooters
Walker and Rollators
Cranes and Crutches
Door Openers
Others
Bathroom Safety Devices and Medical Furniture
Commodes and Toilets
Mattress and Bedding Devices
Monitoring and Therapeutic Devices
Blood Sugar Monitors
Continuous Passive Motion (CPM)
Infusion Pumps
Nebulizers
Oxygen Equipment
Continuous Positive Airway Pressure (CPAP)
Suction Pumps
Traction Equipment
Others

Breakup by End Use:

Hospital
Nursing Homes
Home Healthcare
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ArjoHuntleigh, Becton, Dickinson and Company, General Electric Company, GF Health Products Inc., Hill-Rom Services Inc., Invacare Corporation, Koninklijke Philips NV, Medical Device Depot Inc., Medline Industries Inc., Medtronic PLC, Omron Corporation, Siemens Healthineers AG (Siemens AG) and Stryker Corporation.

Key Questions Answered in This Report:
How has the global durable medical equipment (DME) market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global durable medical equipment (DME) market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global durable medical equipment (DME) market and who are the key players?
What is the degree of competition in the industry?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Durable Medical Equipment (DME) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Personal Mobility Devices
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Wheelchairs
6.1.2.2 Scooters
6.1.2.3 Walker and Rollators
6.1.2.4 Cranes and Crutches
6.1.2.5 Door Openers
6.1.2.6 Others
6.1.3 Market Forecast
6.2 Bathroom Safety Devices and Medical Furniture
6.2.1 Market Trends
6.2.2 Key Segments
6.2.2.1 Commodes and Toilets
6.2.2.2 Mattress and Bedding Devices
6.2.3 Market Forecast
6.3 Monitoring and Therapeutic Devices
6.3.1 Market Trends
6.3.2 Key Segments
6.3.2.1 Blood Sugar Monitors
6.3.2.2 Continuous Passive Motion (CPM)
6.3.2.3 Infusion Pumps
6.3.2.4 Nebulizers
6.3.2.5 Oxygen Equipment
6.3.2.6 Continuous Positive Airway Pressure (CPAP)
6.3.2.7 Suction Pumps
6.3.2.8 Traction Equipment
6.3.2.9 Others
6.3.3 Market Forecast
7 Market Breakup by End Use
7.1 Hospital
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Nursing Homes
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Home Healthcare
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 ArjoHuntleigh
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Becton, Dickinson and Company
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 General Electric Company
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.4 GF Health Products Inc.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 Hill-Rom Services Inc.
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.5.4 SWOT Analysis
13.3.6 Invacare Corporation
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7 Koninklijke Philips NV
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.8 Medical Device Depot Inc.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Medline Industries Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 SWOT Analysis
13.3.10 Medtronic PLC
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.10.4 SWOT Analysis
13.3.11 Omron Corporation
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.11.4 SWOT Analysis
13.3.12 Siemens Healthineers AG (Siemens AG)
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis
13.3.13 Stryker Corporation
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.13.3 Financials
13.3.13.4 SWOT Analysis

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