Durable Medical Equipment Market: Increasing Prevalence of Chronic Diseases to Drive Market Growth

DataM Intelligence announces its market report titled “Global Durable Medical Equipment Market – Size, Share and Forecasts (2019-2026)” which reflects the size, share, forecast analysis of key players. The report worldwide analyses market drivers and restraints to provide market opportunities.

Global Durable Medical Equipment Market Dynamics
According to the International Diabetes Federation (IDF), in 2017, approximately 425 million adults (20-79 years) were living with diabetes; by 2045 it is predicted to rise to 629 million. According to the Asian Diabetes Prevention Initiative, 60% of the world diabetic population is in Asia. Other factors such as the increasing focus on home care settings for the management of medical conditions and illnesses in patient populations and the growing awareness about patients’ comfort are further propelling the evolving demand for durable medical equipment market.
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Global Durable Medical Equipment Market Segmentation
By Product Type, the global Durable Medical Equipment market is segmented into Personal Mobility Devices, Medical Furniture, Bathroom Safety Devices, and Monitoring and Therapeutic Devices. Monitoring and Therapeutic Devices is further sub-segmented into Blood Glucose Monitor, Oxygen Concentrators, Vital Sign Monitor, Infusion Pump, Nebulizers, Positive Airway Pressure, and other devices. According to the World Health Organization (WHO), More than 65 million people around the world have moderate or severe COPD. Positive Airway Pressure (PAP) devices hold a significant segment of the Monitoring and Therapeutic devices owing to the rising incidents of sleep disorders, high demand for Home-Sleep Tests, the increase in demand for micro-CPAP devices which do not require a mask, cord, or a hose and technological advancements of novel PAP with intelligent sensor technologies.
Global Durable Medical Equipment Market Regional Analysis
North America holds the largest market share in the global Durable Medical Equipment market due to the rising prevalence of chronic diseases that require long-term care, increasing geriatric population, and rising penetration of home healthcare services. According to the US health department, every six out of ten adults in the US have a chronic disease, and four in ten live with more than two chronic diseases or disorders. They account for billions of dollars in health care spending every year. Other drivers are the high spending of GDP in healthcare, and easy access to devices through well-established distribution channels in the region, particularly in the US and Canada.
The Asia Pacific is expected to witness a significant growth owing it to the increasing rise in the prevalence of chronic diseases, geriatric population, and target population, increased spending on healthcare, improving healthcare infrastructure in the region, and growing investments by the government and key market players of the area. According to the United Nations ESCAP in 2016, approximately 12.4% of the population in the Asia Pacific was 60+ years, but this is projected to increase to more than 1.3 billion people by 2050. According to the International Diabetes Federation (IDF) - Diabetes Atlas 8th Edition, 2017, an estimated 82 million adults (aged 20+ years) were living with diabetes in the IDF South-East Asia region, which equals to a regional prevalence of 8.5% and an estimated 158.8 million adults (aged 20+ years) were living with diabetes in the IDF Western Pacific region, which is a regional prevalence of 9.5%.

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This report consists of the following table of contents -
1. Global Durable Medical Equipment Market Methodology and Scope
1.1. Research methodology
1.2. Research Objective and Scope of the Report
2. Global Durable Medical Equipment Market – Market Definition and Overview
3. Global Durable Medical Equipment Market – Executive Summary
3.1. Market Snippet By Product Type
3.2. Market Snippet By End-user
3.3. Market Snippet by Region
3.4. DataM CLO Scenario
4. Global Durable Medical Equipment Market – Market Dynamics
4.1. Market Impacting Factors
4.2. Drivers
4.2.1. Increasing prevalence of chronic diseases.
4.2.2. Increasing penetration of home healthcare services.
4.2.3. Technological Advancements
4.3. Restraints
4.3.1. Clinical validation of instruments and periodic calibration
4.3.2. Product Recalls
4.4. Opportunity
4.5. Impact Analysis
5. Global Durable Medical Equipment Market – Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. Patent Analysis
6. Global Durable Medical Equipment Market – By Product Type
6.1. Introduction
6.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type Segment
6.1.2. Market Attractiveness Index, By Product Type Segment
6.2. Personal Mobility Devices
6.2.1. Introduction
6.2.2. Market Size Analysis, Y-o-Y Growth Analysis (%)
6.2.3. Wheelchairs
6.2.4. Walker and Rollators
6.2.5. Cranes and Crutches
6.2.6. Others
6.3. Medical Furniture
6.3.1. Medical Beds
6.3.2. Stretchers
6.3.3. Lift Chairs
6.3.4. Others
6.4. Bathroom Safety Devices
6.4.1. Commodes
6.4.2. Toilet Rails/Frames
6.4.3. Others
6.5. Monitoring and Therapeutic Devices
6.5.1. Blood Glucose Monitors
6.5.2. Oxygen Concentrators
6.5.3. Vital Sign Monitors
6.5.4. Infusion pumps
6.5.5. Nebulizers
6.5.6. Positive Airway Pressure (PAP)
6.5.7. Others
7. Global Durable Medical Equipment Market – By End-user
7.1. Introduction
7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user Segment
7.1.2. Market Attractiveness Index, By End-user Segment
7.2. Diagnostic Centers
7.2.1. Introduction
7.2.2. Market Size Analysis, Y-o-Y Growth Analysis (%)
7.3. Hospitals & Clinics
7.4. Home Healthcare
7.5. Others
8. Global Durable Medical Equipment Market – By Region
8.1. Introduction
8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
8.1.2. Market Attractiveness Index, By Region
8.2. North America
8.2.1. Introduction
8.2.2. Key Region-Specific Dynamics
8.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
8.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
8.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countries
8.2.5.1. U.S.
8.2.5.2. Canada
8.2.5.3. Mexico
8.3. Europe
8.3.1. Introduction
8.3.2. Key Region-Specific Dynamics
8.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
8.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countries
8.3.4.1. Germany
8.3.4.2. U.K.
8.3.4.3. France
8.3.4.4. Italy
8.3.4.5. Spain
8.3.4.6. Rest of Europe
8.4. South America
8.4.1. Introduction
8.4.2. Key Region-Specific Dynamics
8.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
8.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
8.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countries
8.4.5.1. Brazil
8.4.5.2. Argentina
8.4.5.3. Rest of South America
8.5. Asia Pacific
8.5.1. Introduction
8.5.2. Key Region-Specific Dynamics
8.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
8.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
8.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countries
8.5.5.1. China
8.5.5.2. India
8.5.5.3. Japan
8.5.5.4. Australia
8.5.5.5. Rest of Asia Pacific
8.6. The Middle East and Africa
8.6.1. Introduction
8.6.2. Key Region-Specific Dynamics
8.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product Type
8.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
9. Global Durable Medical Equipment Market – Competitive Landscape
9.1. Competitive Scenario
9.2. Competitor Strategy Analysis
9.3. Comparative Type Portfolio Analysis
9.4. Market Positioning/Share Analysis
9.5. Mergers and Acquisitions Analysis
10. Company Profiles
10.1. Stryker Corporation
10.1.1. Company overview
10.1.2. Type portfolio and description
10.1.3. Key highlights
10.1.4. Financial overview
10.2. Becton, Dickinson and Company
10.3. Invacare Corporation
10.4. Sunrise Medical
10.5. Medline Industries Inc.
10.6. Baxter International Inc.
10.7. Hill-Rom Holdings Inc.
10.8. GF Health Products Inc.
10.9. ArjoHuntleigh
10.10. Medtronic plc.
11. Global Durable Medical Equipment Market – Premium Insights
12. Global Durable Medical Equipment Market – DataM
12.1. Appendix
12.2. About Us and Product Types
12.3. Contact Us

About DataM Intelligence
DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

Market Research for long has been losing its credibility owing to low reliability and high proportions of estimations. Having identified this gap, DataM was established to provide businesses with reliable and near-market intelligence. Reporting the actual market scenario has been made possible by our proprietary methodology, that essentially revolves around gathering inputs from industry participants and integrating the trends into statistical Databank. This approach not only aligns the findings with historical data but also allows a highly justifiable forecast model.

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