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Durable Medical Equipment Market to Reach US$ 324.34 Billion by 2031 at 5.3% CAGR, Driven by Aging Population and Home Healthcare Expansion | DataM Intelligence
Durable Medical Equipment Market
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United States Key Industry Developments
☑️ January 2026: Stryker Corporation expanded U.S. production of advanced medical beds and patient lift systems, securing major contracts with hospitals and home healthcare providers amid rising demand for mobility and safety solutions.
☑️ January 2026: Invacare Corporation launched next-generation lightweight wheelchairs and rollators with improved ergonomics and smart features, gaining strong retail and online traction.
☑️ December 2025: Cardinal Health and Medline Industries Inc. increased supply of home healthcare DME (oxygen concentrators, vital sign monitors), targeting aging-in-place trends and post-acute care.
Japan Key Industry Developments
☑️ January 2026: Japanese DME manufacturers accelerated production of compact personal mobility devices and monitoring equipment tailored for elderly home care, supported by national long-term care insurance expansions.
☑️ January 2026: Local and global suppliers showcased advanced oxygen concentrators and vital sign monitors at major Tokyo medical device expos, emphasizing portability and user-friendly designs.
☑️ December 2025: Growing adoption of bathroom safety devices (commodes, toilet rails) and medical beds in Japan's aging-in-place and assisted living facilities, driven by demographic trends.
Key Mergers and Acquisitions
✦ January 2026: Stryker Corporation acquired a medical furniture and lift systems manufacturer to expand its durable medical equipment portfolio for hospitals and home healthcare.
✦ December 2025: Hill-Rom Holdings Inc. completed a strategic acquisition of a therapeutic device company to strengthen its offerings in pressure injury prevention and patient mobility solutions.
✦ November 2025: Invacare Corporation secured a licensing agreement with a smart mobility technology innovator to integrate advanced features into its wheelchairs and rollators.
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Market Segmentation Analysis
By Product Type: Personal Mobility Devices (Wheelchairs, Walkers & Rollators, Cranes & Crutches) hold significant share due to high demand among elderly and mobility-impaired populations; Medical Furniture (Medical Beds, Stretchers, Lift Chairs) follows for hospital and home care use; Bathroom Safety Devices grow steadily for fall prevention; Monitoring & Therapeutic Devices (Blood Glucose Monitors, Oxygen Concentrators, Vital Sign Monitors, Infusion Pumps, Nebulizers, PAP) expand rapidly for chronic disease management.
By End-User: Hospitals & Clinics account for the largest share with high-volume use of beds, monitoring devices, and therapeutic equipment; Home Healthcare grows fastest with increasing aging-in-place trends and demand for personal mobility and oxygen solutions; Diagnostic Centers and Others expand for specialized and outpatient applications.
Regional Insights
North America commands the largest market share in the global Durable Medical Equipment market, supported by high aging population, advanced healthcare reimbursement for DME, strong demand for home healthcare and personal mobility devices, widespread use of oxygen concentrators and vital sign monitors, and presence of leading manufacturers driving innovation in quality and accessibility.
Asia-Pacific remains the fastest-growing region, fueled by rapidly aging populations in China, Japan, and India, increasing healthcare expenditure, expanding home healthcare and long-term care infrastructure, rising prevalence of chronic diseases, and aggressive market entry by global and local DME suppliers focusing on affordable mobility and therapeutic solutions.
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Key Players
The market includes leading companies such as 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, and others.
Key Highlights (Top 5 Key Players)
✦ Stryker Corporation - Leading provider of medical beds, stretchers, and patient handling equipment, strong focus on hospital and long-term care with advanced safety and mobility features.
✦ Invacare Corporation - Renowned for personal mobility devices including wheelchairs, walkers, and rollators, with wide adoption in home healthcare and institutional settings.
✦ Hill-Rom Holdings Inc. - Dominant in therapeutic surfaces, medical beds, and patient lift systems, emphasizing pressure injury prevention and patient safety in hospitals and nursing homes.
✦ Cardinal Health - Major supplier of home healthcare DME including oxygen concentrators, vital sign monitors, and mobility aids, with extensive distribution and service network.
✦ Medline Industries Inc. - Strong player in disposable and durable medical equipment, providing comprehensive solutions for hospitals, clinics, and home care across North America.
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