Durable Medical Equipment Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Product Type

Durable Medical Equipment Market Overview

The global durable medical equipment (DME) market is poised for significant growth, driven by an aging population, increasing prevalence of chronic diseases, and advancements in medical technology. Durable medical equipment includes devices such as wheelchairs, bath safety products, transfer equipment, walking aids, and others, which are essential for improving the quality of life for patients with mobility issues or chronic conditions. The market is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2030, reaching a valuation of approximately $250 billion by 2030.

Market Size and Share Analysis

In 2022, the global DME market was valued at $170 billion. By product type, wheelchairs held the largest market share at 35%, followed by walking aids at 25%, bath safety products at 15%, transfer equipment at 10%, and other products accounting for the remaining 15%. The increasing demand for mobility aids, particularly in developed regions, is a key driver of this growth.

By Product Type

• Wheelchairs: The wheelchair segment is expected to grow at a CAGR of 6.2% from 2025 to 2030, driven by technological advancements such as powered wheelchairs and lightweight designs.
• Bath Safety: This segment is projected to grow at a CAGR of 5.5%, fueled by the rising demand for home healthcare solutions.
• Transfer Equipment: With a CAGR of 5.7%, transfer equipment is gaining traction due to its importance in patient care and rehabilitation.
• Walking Aids: Walking aids, including canes and walkers, are expected to grow at a CAGR of 5.9%, supported by the aging population.
• Others: This category, which includes products like hospital beds and patient lifts, is anticipated to grow at a CAGR of 5.3%.

By Key Players

The DME market is highly competitive, with key players such as Invacare Corporation, Sunrise Medical, Meyra, Drive Medical Limited, Ottobock, Permobil, GF Health Products, Medline Industries Inc, Sizewise Rentals LLC, and Pride Mobility Products Corp dominating the landscape. These companies are focusing on product innovation, strategic partnerships, and mergers & acquisitions to strengthen their market position.

Market Trends and Drivers

The DME market is influenced by several key trends and drivers:

• Aging Population: The global population aged 65 and above is expected to reach 1.5 billion by 2050, driving demand for DME products.
• Chronic Diseases: The rising prevalence of chronic conditions such as arthritis, diabetes, and cardiovascular diseases is increasing the need for mobility aids and other DME products.
• Technological Advancements: Innovations such as smart wheelchairs, wearable devices, and IoT-enabled equipment are transforming the DME market.
• Home Healthcare: The shift towards home-based care is boosting demand for portable and user-friendly DME products.

Regional Analysis

The DME market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

• North America: North America held the largest market share in 2022, accounting for 40% of the global market. The region is expected to maintain its dominance, growing at a CAGR of 5.7%.
• Europe: Europe is the second-largest market, with a projected CAGR of 5.6%. The region's aging population and robust healthcare infrastructure are key growth drivers.
• Asia-Pacific: The Asia-Pacific region is expected to witness the highest growth rate, with a CAGR of 6.5%, driven by increasing healthcare expenditure and a growing elderly population.
• Latin America and Middle East & Africa: These regions are anticipated to grow at CAGRs of 5.2% and 5.0%, respectively, supported by improving healthcare access and infrastructure.

Market News on Policy and Companies

Recent developments in the DME market include:

• Policy Changes: Governments worldwide are implementing policies to improve access to DME products. For example, the U.S. Centers for Medicare & Medicaid Services (CMS) has introduced new reimbursement policies to support home healthcare.
• Company Innovations: Key players are investing in R&D to launch innovative products. For instance, Invacare Corporation recently introduced a new line of lightweight wheelchairs with advanced ergonomic features.
• Mergers & Acquisitions: The market has seen several strategic acquisitions, such as Sunrise Medical's acquisition of a leading European DME manufacturer to expand its product portfolio.

Segment Forecasts (2025 - 2030)

The DME market is expected to witness steady growth across all segments:

• Wheelchairs: The segment is projected to reach $90 billion by 2030, driven by demand for advanced mobility solutions.
• Bath Safety: This segment is expected to grow to $35 billion, supported by the increasing focus on home safety for the elderly.
• Transfer Equipment: The market for transfer equipment is forecasted to reach $25 billion, driven by its critical role in patient care.
• Walking Aids: Walking aids are anticipated to grow to $60 billion, fueled by the aging population and rising chronic disease prevalence.
• Others: The Others segment is expected to reach $40 billion, driven by demand for hospital beds and patient lifts.

Conclusion

The global durable medical equipment market is set for robust growth, driven by demographic trends, technological advancements, and increasing healthcare needs. With a projected CAGR of 5.8% and a market size of $250 billion by 2030, the DME market offers significant opportunities for key players and new entrants. Companies that focus on innovation, strategic partnerships, and expanding their geographic presence are likely to succeed in this dynamic market.