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Durable Medical Equipment Market is expected to register a CAGR close to 7.0% during 2018 – 2023 | Global Key Players – ArjoHuntleigh, GF Health Products, Hill-Rom Services, Invacare, Medtronic, Stryker

01-07-2019 08:05 PM CET | Health & Medicine

Press release from: Market Prognosis

Durable Medical Equipment Market

Durable Medical Equipment Market

Marketprognosis.com Publish a New Market Research Report On “Global Durable Medical Equipment Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Durable Medical Equipment Market:

The Global Durable Medical Equipment (DME) Market is expected to register a CAGR of about 7.0% during the forecast period, 2018-2023.

Durable Medical Equipment (DME) refers to the equipment providing therapeutic benefits to patients. The DME market is primarily driven by the rise of chronic diseases, technological advancements, and increasing government initiatives. Regional dynamics, the well-developed healthcare infrastructure, significant presence of multinational medical device companies, and well-planned reimbursement policies are among the major factors contributing to the dominance of the North American region in the DME market.

Get a Sample Copy of this Report @ https://marketprognosis.com/sample-request/17129 .

Over the last decade, there has been a rise in the prevalence of several chronic diseases, which in several cases need long hospital stays. Some of the major chronic diseases include cancer, kidney failure, and heart diseases, etc. The World Health Organization (WHO) states that approximately 30% (nearly 18 million people) of the global deaths can be attributed to cardiovascular diseases. Monitoring and therapeutics devices play major roles in the management and diagnosis of several heart diseases, such as congenital heart diseases, valvular diseases, and arterial stiffness, and the assessment of cardiac electrophysiology and cardiovascular health. In case of critical diabetic patients, continuous monitoring and control glycemic levels is essential. Moreover, the increasing prevalence of cancer accounts for a large number of deaths, globally. Thus, the increasing patient pool and prevalence of chronic diseases is anticipated to boost the growth of the DME market.

The need for skilled professionals and improved facilities is increasing each year both in developed and emerging markets. These markets suffer from an inadequate supply of trained and qualified healthcare professionals, particularly physicians, medical laboratory professionals, nurses, paramedics, and technologists. As per a report from the International Journal of Africa Nursing Sciences, in 2017, poor infrastructure, inadequate resources, and the shortage of skilled staff were the primary reasons for the poor working conditions in public hospitals of South Africa. Similarly, Indian hospitals suffer from an acute shortage of paramedics and administrative professionals in emergency cases. The United States is also struggling with the demand of more efficiently trained nurses and other providers in its hospitals. Thus, it is one of the vital factor restricting the growth of durable medical equipment market.

Purchase this report online with 110 Pages, Top Key Players Analysis and List of Tables & Figure @ https://marketprognosis.com/buyReport/17129 .

The Asia-Pacific region is poised to register the fastest growth rate due to the increasing R&D expenditure by governments and private companies in healthcare. Owing to a diversified patient population, the risk of life-threatening disorders in the region is high. Countries, such as China, Japan, and India, have witnessed an increased economic growth over the past five years which has helped develop improved healthcare infrastructure, thus, driving the growth of this market. The demographics in the emerging markets in the Asia-Pacific region is improving gradually. However, currently, measures undertaken by countries in the region are not conducive enough to drive accessibility and affordability in healthcare, compared to developed markets.

Major Key Players:

1 ArjoHuntleigh

2 Becton, Dickinson and Company

3 Carex Health Brands (Compass Health Brands)

4 GF Health Products Inc.

5 Hill-Rom Services Inc

6 Invacare Corporation

7 Medline Industries Inc.

8 Medtronic

9 Stryker

10 Sunrise Medical

Any Query? Ask to our Expert @ https://marketprognosis.com/enquiry/17129 .

This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Durable Medical Equipment Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

About us:

We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:

ProgMark Pvt. Ltd.

Thane – 421501

India.

sales@marketprognosis.com

+1 973 241 5193

https://www.marketprognosis.com

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