Press release
Durable Medical Equipment Market Expected to Surge to $324.34 Billion by 2031 | Stryker Corporation, Becton, Dickinson and Company, Invacare Corporation
The Durable Medical Equipment Market study by DataM Intelligence offer an in-depth analysis of the market, presenting insightful observations, statistics, historical data, and industry-validated market insights. The report delves into the competitive positioning of key companies, examining factors such as product offerings, pricing strategies, financial health, product portfolios, growth initiatives, and geographical reach.Get a Free Sample PDF - https://datamintelligence.com/download-sample/durable-medical-equipment-market
What is the projected growth rate (CAGR) of the Global Durable Medical Equipment market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Durable Medical Equipment Market reached US$ 215.50 billion in 2023 and is expected to reach US$ 324.34 billion by 2031, growing at a CAGR of 5.3% during the forecast period 2024-2031.
What is Durable Medical Equipment Market?
Durable medical equipment (DME) refers to medical devices and supplies that are designed for long-term use in the home or healthcare settings to assist individuals with managing their medical conditions or disabilities. Examples of DME include wheelchairs, hospital beds, oxygen equipment, and mobility aids such as walkers and crutches. DME is typically prescribed by healthcare professionals and is intended to improve patients' quality of life by enhancing their ability to perform daily activities and ensuring their safety. These devices are built to withstand repeated use and often require maintenance and repair to ensure their functionality over time.
Who are the major players in the Durable Medical Equipment market?
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world. The prominent players in Durable Medical Equipment market research report are:
Stryker Corporation, Becton, Dickinson and Company, Invacare Corporation, Sunrise Medical, Cardinal Health, Medline Industries Inc., Baxter International Inc., Hill-Rom Holdings Inc., GF Health Products Inc., ArjoHuntleigh, Medtronic plc.
Get this Premium Report: https://www.datamintelligence.com/buy-now-page?report=durable-medical-equipment-market
Regions Covered:
The global Durable Medical Equipment Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Market Segments
By Product Type: Personal Mobility Devices (Wheelchairs, Walker and Rollators, Cranes and Crutches), Medical Furniture (Medical Beds, Stretchers, Lift Chairs), Bathroom Safety Devices (Commodes, Toilet Rails/Frames), Monitoring and Therapeutic Devices (Blood Glucose Monitors, Oxygen Concentrators, Vital Sign Monitors, Infusion pumps, Nebulizers, Positive Airway Pressure (PAP)
By End-user Segment: Diagnostic Centers, Hospitals & Clinics, Home Healthcare
The Durable Medical Equipment industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Key Features
➥ Leverage epidemiology insights to tailor precision diagnostics and address region-specific needs.
➥ Meet critical unmet needs in complex conditions with advanced, precise Durable Medical Equipment industry solutions for better diagnostics and outcomes.
➥ Stay ahead with real-time pipeline analysis, revealing the latest Durable Medical Equipment innovations and market trends.
➥ Optimize your offerings with competitive pricing analysis, balancing cost-effectiveness and cutting-edge tech.
➥ Protect your innovation with expert patent analysis, ensuring strategic positioning in the Durable Medical Equipment market.
➥ Gain an edge with comprehensive competitive intelligence, guiding informed decisions in Durable Medical Equipment
➥ Maximize market presence with brand share analysis, strengthening your position in the Durable Medical Equipment landscape.
➥ Accurately predict market demand for Durable Medical Equipment with precise drug sales forecasting insights.
Get Customization in the report as per your requierments: https://datamintelligence.com/customize/durable-medical-equipment-market
FAQs
What does the Durable Medical Equipment market report provide?
The report provides a detailed analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Active, Innovators, Start-ups, and Cutting Edge) that are anticipated to influence its future growth trajectory.
What is the scope of the market report?
The market report covers regional analysis and provides detailed insights into the Durable Medical Equipment market including market size, segmentation, and key players.
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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