Press release
South America Durable Medical Equipment Market Size, Trends, Growth Forecast 2025 | Top key players - Cardinal Health, Invacare, Pride Mobility.
The South America Durable Medical Equipment Market is expected to grow at a CAGR of 5.7% during the forecasting period 2024-2031.The South America Durable Medical Equipment Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The South America Durable Medical Equipment (DME) Market refers to the sector that supplies long-term medical devices used for therapeutic and diagnostic purposes in home or clinical settings. This includes products like wheelchairs, hospital beds, oxygen equipment, and mobility aids. The market is driven by an aging population, rising chronic diseases, and increasing healthcare infrastructure development across the region.
Prominent Industry players in the South America Durable Medical Equipment Market
The prominent players in South America Durable Medical Equipment market research report are: Cardinal Health, Invacare, Pride Mobility, GF Health Products, Inc, Ottobock, Hill-Rom Holdings Inc, Drive DeVilbiss Healthcare and Stryker.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News
On March 6, 2020, Invacare Corporation introduced the Invacare AVIVA FX Power wheelchair, designed to deliver enhanced mobility, comfort, and performance for users with varying needs.
On March 29, 2021, FourKites partnered with Cardinal Health to develop a cognitive supply chain. This collaboration focuses on leveraging real-time data and predictive analytics to improve visibility, efficiency, and responsiveness across Cardinal Health's supply chain operations.
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Market Segments
By Product Type: Wheelchairs and Scooters, Medical Beds/Adjustable Beds, Stretchers, Stair Lifts, Medical Carts, Others.
By End-User: Hospitals, Ambulatory Care Centers, Home Healthcare.
The South America Durable Medical Equipment industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
FAQs:
✒ What is driving the growth of the South America Durable Medical Equipment Market?
✒ Who are the prominent players in the South America Durable Medical Equipment Market?
✒ How is the regulatory landscape affecting the South America Durable Medical Equipment Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the South America Durable Medical Equipment Market?
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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.
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