
U.S. Durable Medical Equipment Market Share, Size, Trends, Industry Analysis Report, By Product (Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices, Others); By End-User; Segment Forecast, 2024 - 2
Description
U.S. Durable Medical Equipment Market Share, Size, Trends, Industry Analysis Report, By Product (Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices, Others); By End-User; Segment Forecast, 2024 - 2032
The U.S. durable medical equipment market size is expected to reach USD 218.68 Billion by 2032, according to a new study by Polaris Market Research. The report “U.S. Durable Medical Equipment Market Share, Size, Trends, Industry Analysis Report, By Product (Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices, Others); By End-User; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The substantial growth of the durable medical equipment market is expected to be driven by the expanding global geriatric population in both developed and developing nations. Presently, in the United States, there are over 40 million individuals aged 65 years and above, and this number is projected to double by the year 2050. According to the World Health Organization (WHO), the percentage of the geriatric population is anticipated to rise from 7% in 2000 to 16% in 2050. Aging is recognized as the primary risk factor for chronic conditions, which are on the rise. This increase in the elderly population is expected to heighten their susceptibility to chronic conditions such as diabetes, cardiovascular disorders, and other lifestyle-related health issues.
In line with the aging global population, there is an increasing burden of chronic diseases such as cancer, diabetes, heart disease, and respiratory ailments. The treatment for these conditions is becoming increasingly complex, leading to a growing demand for complementary medical devices and advanced technologies. To meet this surging demand and take advantage of the growth opportunities, manufacturers are increasingly focusing on producing medical equipment that caters to the needs of consumers in this evolving healthcare landscape.
Growing healthcare expenditure level is a key concern and private players along with government constantly strive to curb these costs. With an ever-increasing prevalence of diseases and baby boomer population, healthcare expenditure levels are expected to continue to grow during the forecast period. The growth of home healthcare as a cost-effective alternative over hospital stay is expected to serve this market as a key driver over the forecast period. Technological advancements have made it possible to provide a wide range of medical services at home, including telemedicine, remote monitoring, and medical equipment that can be used at home. This has expanded the scope of care that can be delivered in a home setting. Home healthcare services are often more cost-effective than hospital stays or long-term care facilities. This makes them an appealing option for patients and healthcare payers.
U.S. Durable Medical Equipment Market Report Highlights
The personal mobility devices segment is expected to experience strong growth with a significant CAGR over the forecast period. These devices encompass a wide range of assistive and recreational products aimed at improving the mobility and independence of individuals with disabilities, as well as those looking for alternative transportation options.
In 2023, the U.S. market was primarily led by the hospital segment, given its pivotal role in addressing the varied requirements of patients within hospital environments.
The U.S. key market players include ArjoHuntleigh, Carex Health Brands, GF HEALTH PRODUCTS INC, Hill-Rom, Invacare Corporation, Medical Device Depot, Inc, Medline Industries, Inc., Stryker, Sunrise Medical, and among others.
Polaris Market Research has segmented the U.S. Durable Medical Equipment market report based on product and end-user:
U.S. Durable Medical Equipment, Product Outlook (Revenue - USD Billion, 2019 - 2032)
Personal Mobility Devices
Wheelchairs
Scooters
Walker and Rollators
Canes and Crutches
Door Openers
Other Devices
Bathroom Safety Devices and Medical Furniture
Commodes and Toilets
Mattress & Bedding Devices
Monitoring and Therapeutic Devices
Blood Sugar Monitors
Contineous Passive Motion (CPM)
Infusion Pumps Market
Nebulizers
Oxygen Equipment
Continuous Positive Airway Pressure (CPAP)
Suction Pumps
Traction Equipment
Other Equipment (Insulin pumps, Ostomy bags and accessories, Other equipment)
Others
U.S. Durable Medical Equipment, End-User Outlook (Revenue - USD Billion, 2019 - 2032)
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Diagnostic Centers
Home Healthcare
Skilled Nursing Facilities
Others
Table of Contents
117 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. U.S. Durable Medical Equipment Market Insights
- 4.1. U.S. Durable Medical Equipment Market – Industry Snapshot
- 4.2. U.S. Durable Medical Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing prevalence of chronic diseases requiring long-term care
- 4.2.1.2. Rapidly growing geriatric population
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Performance failure and durability issues of DME
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. U.S. Durable Medical Equipment Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. U.S. Durable Medical Equipment Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. U.S. Durable Medical Equipment, by Product, 2019-2032 (USD Billion)
- 5.3. Personal Mobility Devices
- 5.3.1. U.S. Durable Medical Equipment Market, by Personal Mobility Devices, 2019-2032 (USD Billion)
- 5.3.2. Wheelchairs
- 5.3.2.1. U.S. Durable Medical Equipment Market, by Wheelchairs, 2019-2032 (USD Billion)
- 5.3.3. Scooters
- 5.3.3.1. U.S. Durable Medical Equipment Market, by Scooters, 2019-2032 (USD Billion)
- 5.3.4. Walker and Rollators
- 5.3.4.1. U.S. Durable Medical Equipment Market, by Walker and Rollators, 2019-2032 (USD Billion)
- 5.3.5. Cranes and Crutches
- 5.3.5.1. U.S. Durable Medical Equipment Market, by Cranes and Crutches, 2019-2032 (USD Billion)
- 5.3.6. Door Openers
- 5.3.6.1. U.S. Durable Medical Equipment Market, by Door Openers, 2019-2032 (USD Billion)
- 5.3.7. Other Devices
- 5.3.7.1. U.S. Durable Medical Equipment Market, by Other Devices, 2019-2032 (USD Billion)
- 5.4. Bathroom Safety Devices & Medical Furniture
- 5.4.1. U.S. Durable Medical Equipment Market, by Bathroom Safety Devices & Medical Furniture, 2019-2032 (USD Billion)
- 5.4.2. Commodes and Toilets
- 5.4.2.1. U.S. Durable Medical Equipment Market, by Commodes and Toilets, 2019-2032 (USD Billion)
- 5.4.3. Mattress & Bedding Devices
- 5.4.3.1. U.S. Durable Medical Equipment Market, by Mattress & Bedding Devices, 2019-2032 (USD Billion)
- 5.5. Monitoring & Therapeutic Devices
- 5.5.1. U.S. Durable Medical Equipment Market, by Monitoring & Therapeutic Devices, 2019-2032 (USD Billion)
- 5.5.2. Blood Sugar Monitors
- 5.5.2.1. U.S. Durable Medical Equipment Market, by Blood Sugar Monitors, 2019-2032 (USD Billion)
- 5.5.3. Continuous Passive Motion (CPM)
- 5.5.3.1. U.S. Durable Medical Equipment Market, by Continuous Passive Motion (CPM), 2019-2032 (USD Billion)
- 5.5.4. Infusion Pumps Market
- 5.5.4.1. U.S. Durable Medical Equipment Market, by Infusion Pumps Market, 2019-2032 (USD Billion)
- 5.5.5. Nebulizers
- 5.5.5.1. U.S. Durable Medical Equipment Market, by Nebulizers, 2019-2032 (USD Billion)
- 5.5.6. Oxygen Equipment
- 5.5.6.1. U.S. Durable Medical Equipment Market, by Oxygen Equipment, 2019-2032 (USD Billion)
- 5.5.7. Continuous Positive Airway Pressure (CPAP)
- 5.5.7.1. U.S. Durable Medical Equipment Market, by Continuous Positive Airway Pressure (CPAP), 2019-2032 (USD Billion)
- 5.5.8. Suction Pumps
- 5.5.8.1. U.S. Durable Medical Equipment Market, by Suction Pumps, 2019-2032 (USD Billion)
- 5.5.9. Traction Equipment
- 5.5.9.1. U.S. Durable Medical Equipment Market, by Traction Equipment, 2019-2032 (USD Billion)
- 5.5.10. Other Equipment (Insulin pumps, Ostomy bags and accessories, Other equipment)
- 5.5.10.1. U.S. Durable Medical Equipment Market, by Other Equipment (Insulin pumps, Ostomy bags and accessories, Other equipment), 2019-2032 (USD Billion)
- 5.5.10.1. Others
- 5.5.10.1. U.S. Durable Medical Equipment Market, by Others, 2019-2032 (USD Billion)
- 6. U.S. Durable Medical Equipment Market, by End User
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. U.S. Durable Medical Equipment Market, by End User, 2019-2032 (USD Billion)
- 6.3. Hospitals
- 6.3.1. U.S. Durable Medical Equipment Market, by Hospitals, 2019-2032 (USD Billion)
- 6.4. Specialty Clinics
- 6.4.1. U.S. Durable Medical Equipment Market, by Specialty Clinics, 2019-2032 (USD Billion)
- 6.5. Ambulatory Surgical Centers
- 6.5.1. U.S. Durable Medical Equipment Market, by Ambulatory Surgical Centers, 2019-2032 (USD Billion)
- 6.6. Diagnostic Centers
- 6.6.1. U.S. Durable Medical Equipment Market, by Diagnostic Centers, 2019-2032 (USD Billion)
- 6.7. Home Healthcare
- 6.7.1. U.S. Durable Medical Equipment Market, by Home Healthcare, 2019-2032 (USD Billion)
- 6.8. Skilled Nursing Facilities
- 6.8.1. U.S. Durable Medical Equipment Market, by Skilled Nursing Facilities, 2019-2032 (USD Billion)
- 6.9. Others
- 6.9.1. U.S. Durable Medical Equipment Market, by Others, 2019-2032 (USD Billion)
- 7. Competitive Landscape
- 7.1. Expansion and Acquisition Analysis
- 7.1.1. Expansion
- 7.1.2. Acquisitions
- 7.2. Partnerships/Collaborations/Agreements/Exhibitions
- 8. Company Profiles
- 8.1. ArjoHuntleigh
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.1.4. Recent Development
- 8.2. Carex Health Brands
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.2.4. Recent Development
- 8.3. GF HEALTH PRODUCTS INC
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.3.4. Recent Development
- 8.4. Hill Rom, Inc
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.4.4. Recent Development
- 8.5. Invacare Corporation
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Recent Development
- 8.6. Medical Device Depot, Inc
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.6.4. Recent Development
- 8.7. Medline Industries, Inc
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.7.4. Recent Development
- 8.8. Stryker
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.8.4. Recent Development
- 8.9. Sunrise Medical
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.9.4. Recent Development
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. U.S. Durable Medical Equipment Market Insights
- 4.1. U.S. Durable Medical Equipment Market – Industry Snapshot
- 4.2. U.S. Durable Medical Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing prevalence of chronic diseases requiring long-term care
- 4.2.1.2. Rapidly growing geriatric population
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Performance failure and durability issues of DME
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. U.S. Durable Medical Equipment Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. U.S. Durable Medical Equipment Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. U.S. Durable Medical Equipment, by Product, 2019-2032 (USD Billion)
- 5.3. Personal Mobility Devices
- 5.3.1. U.S. Durable Medical Equipment Market, by Personal Mobility Devices, 2019-2032 (USD Billion)
- 5.3.2. Wheelchairs
- 5.3.2.1. U.S. Durable Medical Equipment Market, by Wheelchairs, 2019-2032 (USD Billion)
- 5.3.3. Scooters
- 5.3.3.1. U.S. Durable Medical Equipment Market, by Scooters, 2019-2032 (USD Billion)
- 5.3.4. Walker and Rollators
- 5.3.4.1. U.S. Durable Medical Equipment Market, by Walker and Rollators, 2019-2032 (USD Billion)
- 5.3.5. Cranes and Crutches
- 5.3.5.1. U.S. Durable Medical Equipment Market, by Cranes and Crutches, 2019-2032 (USD Billion)
- 5.3.6. Door Openers
- 5.3.6.1. U.S. Durable Medical Equipment Market, by Door Openers, 2019-2032 (USD Billion)
- 5.3.7. Other Devices
- 5.3.7.1. U.S. Durable Medical Equipment Market, by Other Devices, 2019-2032 (USD Billion)
- 5.4. Bathroom Safety Devices & Medical Furniture
- 5.4.1. U.S. Durable Medical Equipment Market, by Bathroom Safety Devices & Medical Furniture, 2019-2032 (USD Billion)
- 5.4.2. Commodes and Toilets
- 5.4.2.1. U.S. Durable Medical Equipment Market, by Commodes and Toilets, 2019-2032 (USD Billion)
- 5.4.3. Mattress & Bedding Devices
- 5.4.3.1. U.S. Durable Medical Equipment Market, by Mattress & Bedding Devices, 2019-2032 (USD Billion)
- 5.5. Monitoring & Therapeutic Devices
- 5.5.1. U.S. Durable Medical Equipment Market, by Monitoring & Therapeutic Devices, 2019-2032 (USD Billion)
- 5.5.2. Blood Sugar Monitors
- 5.5.2.1. U.S. Durable Medical Equipment Market, by Blood Sugar Monitors, 2019-2032 (USD Billion)
- 5.5.3. Continuous Passive Motion (CPM)
- 5.5.3.1. U.S. Durable Medical Equipment Market, by Continuous Passive Motion (CPM), 2019-2032 (USD Billion)
- 5.5.4. Infusion Pumps Market
- 5.5.4.1. U.S. Durable Medical Equipment Market, by Infusion Pumps Market, 2019-2032 (USD Billion)
- 5.5.5. Nebulizers
- 5.5.5.1. U.S. Durable Medical Equipment Market, by Nebulizers, 2019-2032 (USD Billion)
- 5.5.6. Oxygen Equipment
- 5.5.6.1. U.S. Durable Medical Equipment Market, by Oxygen Equipment, 2019-2032 (USD Billion)
- 5.5.7. Continuous Positive Airway Pressure (CPAP)
- 5.5.7.1. U.S. Durable Medical Equipment Market, by Continuous Positive Airway Pressure (CPAP), 2019-2032 (USD Billion)
- 5.5.8. Suction Pumps
- 5.5.8.1. U.S. Durable Medical Equipment Market, by Suction Pumps, 2019-2032 (USD Billion)
- 5.5.9. Traction Equipment
- 5.5.9.1. U.S. Durable Medical Equipment Market, by Traction Equipment, 2019-2032 (USD Billion)
- 5.5.10. Other Equipment (Insulin pumps, Ostomy bags and accessories, Other equipment)
- 5.5.10.1. U.S. Durable Medical Equipment Market, by Other Equipment (Insulin pumps, Ostomy bags and accessories, Other equipment), 2019-2032 (USD Billion)
- 5.5.10.1. Others
- 5.5.10.1. U.S. Durable Medical Equipment Market, by Others, 2019-2032 (USD Billion)
- 6. U.S. Durable Medical Equipment Market, by End User
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. U.S. Durable Medical Equipment Market, by End User, 2019-2032 (USD Billion)
- 6.3. Hospitals
- 6.3.1. U.S. Durable Medical Equipment Market, by Hospitals, 2019-2032 (USD Billion)
- 6.4. Specialty Clinics
- 6.4.1. U.S. Durable Medical Equipment Market, by Specialty Clinics, 2019-2032 (USD Billion)
- 6.5. Ambulatory Surgical Centers
- 6.5.1. U.S. Durable Medical Equipment Market, by Ambulatory Surgical Centers, 2019-2032 (USD Billion)
- 6.6. Diagnostic Centers
- 6.6.1. U.S. Durable Medical Equipment Market, by Diagnostic Centers, 2019-2032 (USD Billion)
- 6.7. Home Healthcare
- 6.7.1. U.S. Durable Medical Equipment Market, by Home Healthcare, 2019-2032 (USD Billion)
- 6.8. Skilled Nursing Facilities
- 6.8.1. U.S. Durable Medical Equipment Market, by Skilled Nursing Facilities, 2019-2032 (USD Billion)
- 6.9. Others
- 6.9.1. U.S. Durable Medical Equipment Market, by Others, 2019-2032 (USD Billion)
- 7. Competitive Landscape
- 7.1. Expansion and Acquisition Analysis
- 7.1.1. Expansion
- 7.1.2. Acquisitions
- 7.2. Partnerships/Collaborations/Agreements/Exhibitions
- 8. Company Profiles
- 8.1. ArjoHuntleigh
- 8.1.1. Company Overview
- 8.1.2. Financial Performance
- 8.1.3. Product Benchmarking
- 8.1.4. Recent Development
- 8.2. Carex Health Brands
- 8.2.1. Company Overview
- 8.2.2. Financial Performance
- 8.2.3. Product Benchmarking
- 8.2.4. Recent Development
- 8.3. GF HEALTH PRODUCTS INC
- 8.3.1. Company Overview
- 8.3.2. Financial Performance
- 8.3.3. Product Benchmarking
- 8.3.4. Recent Development
- 8.4. Hill Rom, Inc
- 8.4.1. Company Overview
- 8.4.2. Financial Performance
- 8.4.3. Product Benchmarking
- 8.4.4. Recent Development
- 8.5. Invacare Corporation
- 8.5.1. Company Overview
- 8.5.2. Financial Performance
- 8.5.3. Product Benchmarking
- 8.5.4. Recent Development
- 8.6. Medical Device Depot, Inc
- 8.6.1. Company Overview
- 8.6.2. Financial Performance
- 8.6.3. Product Benchmarking
- 8.6.4. Recent Development
- 8.7. Medline Industries, Inc
- 8.7.1. Company Overview
- 8.7.2. Financial Performance
- 8.7.3. Product Benchmarking
- 8.7.4. Recent Development
- 8.8. Stryker
- 8.8.1. Company Overview
- 8.8.2. Financial Performance
- 8.8.3. Product Benchmarking
- 8.8.4. Recent Development
- 8.9. Sunrise Medical
- 8.9.1. Company Overview
- 8.9.2. Financial Performance
- 8.9.3. Product Benchmarking
- 8.9.4. Recent Development
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