Durable Medical Equipment (DME) Market Outlook, Size, Share, Revenue, Regions & Forecast

SDKI Inc. published a new research report on "Durable Medical Device (DME) Market-Forecast 2022-2031". The report provides a complete assessment of the market and its growth prospects, along with new business opportunities in the industry. It also includes market size and annual growth during the 2022-2031 forecast period.

Report sample URL
https://www.sdki.jp/sample-request-53289

The durable medical device (DME) market is estimated to reach US $ 344.83 billion by 2031, from a market value of US $ 203.72 billion in 2022, and is expected to grow at a CAGR of 6.8% during the 2022-2031 forecast period.

It has been of chronic diseases such as cancer, cardiovascular, neurological and respiratory diseases worldwide As the rate increases, so does the demand for durable medical devices. According to the Centers for Disease Control and Prevention (CDC), about 630,000 Americans (1 in 4 die) die each year from cardiovascular problems. In addition, according to the International Agency for Research on Cancer, approximately 14.1 million cancer cases were reported in 2012, with more than 32 million people suffering from cancer worldwide.

In addition, strategic acquisitions and partnerships with government and healthcare players to provide affordable healthcare will significantly support the growth of the durable medical device (DME) market. In February 2019, Hill-Rom expanded its medical device product portfolio with the acquisition of Wisconsin-based medical device manufacturer Mortara Instrument, Inc. However, low reimbursement rates can curb the growth of the durable medical device (DME) market. Medicare, the official US government health insurance program, considers only medically necessary durable equipment for reimbursement purposes.

Sample URL of the report
https://www.sdki.jp/sample-request-53289

Durable Medical Device (DME) Market Segment

Durable Medical Device (DME) market is by service (surveillance and treatment equipment, personal mobility equipment, and bathroom safety equipment and medical furniture) and by end use (home care, hospital settings, etc.) ), And divided by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Based on the type, the durable medical equipment (DME) market is divided into monitoring and treatment equipment, personal mobility equipment, and bathroom safety equipment and medical furniture. The monitoring and treatment equipment segment has the highest share of the overall market. This segment gained more than 87% share of the global durable medical device (DME) market in 2019. This product category is further subdivided into blood glucose monitors, continuous positive airway pressure (CPAP), oxygen devices, infusion pumps, continuous passive exercise (CPM), and more.

Regional Overview of the Durable Medical Device (DME) Market

In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, the Middle East / Africa and more. North America and Europe have the largest share of the world's industry. Factors such as an increase in the obese and elderly population, increased demand for regular monitoring equipment by fitness-minded citizens, and increased demand for independent living are expected to drive the growth of the local durable medical device (DME) market. Will be done. On the other hand, the lack of progress has led to a shortage of cost-effective medical devices in developing regions such as the Middle East and Africa.

For further analysis, each region is further subdivided into countries:

· Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, Other Asia Pacific)

· North America (US and Canada)

· Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa)

· Latin America (Brazil, Mexico, Argentina, Other Latin America)

· Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia, Other Europe)

Endurance Medical Key Players in the Equipment (DME) Market

Key players in the Durable Medical Devices (DME) market include Stryker Corporation, Invacare Corporation, Drive Medical, Carex Health Brands, Inc. and Medline Industries. The survey includes a detailed competitive analysis of these major companies in the durable medical device (DME) market, corporate profiles, recent developments, and key market strategies.

Details of the survey report
https://www.sdki.jp/press-details/durable-medical-device-dme-market/621

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SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

This release was published on openPR.