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United States Durable Medical Equipment Market to Reach US$ 97.30 Billion by 2031| North America leads with 35% share | Top Companies - Stryker Corporation, Becton, Dickinson and Company, Invacare Corporation

02-03-2026 08:32 AM CET | Health & Medicine

Press release from: DataM intelligence 4 Market Research LLP

Durable Medical Equipment Market

Durable Medical Equipment Market

Leander, Texas and Tokyo, Japan - Feb.03.2026
As per DataM intelligence research report "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."

The market is driven by aging populations, chronic disease prevalence, and home healthcare demand. Wheelchairs, hospital beds, and respiratory equipment dominate adoption. Hospitals, clinics, and home care end-users drive growth. Technological integration and reimbursement policies support market expansion.

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Durable Medical Equipment Market: Competitive Intelligence
Stryker Corporation, Becton, Dickinson and Company, Invacare Corporation, Sunrise Medical, Cardinal Health, Medline Industries Inc.

The Durable Medical Equipment Market is being meaningfully strengthened by Stryker Corporation, Becton, Dickinson and Company, Invacare Corporation, Sunrise Medical, Cardinal Health, and Medline Industries Inc., as these companies collectively enhance patient care, mobility, and clinical efficiency across hospitals, home healthcare, and long-term care settings. Their products-including mobility aids, surgical equipment, respiratory devices, and patient support systems-address critical needs for safety, accessibility, and treatment effectiveness. By delivering reliable, high-quality, and technologically advanced medical devices, these companies contribute to the growth, stability, and modernization of the Durable Medical Equipment Market, supporting an aging population and increasing global demand for home- and facility-based care solutions.

The complementary strengths of these companies create strong momentum within the Durable Medical Equipment Market by combining innovation, global reach, and product diversity. Stryker Corporation and Becton, Dickinson and Company provide advanced surgical and clinical equipment, integrating safety and efficiency into hospital workflows. Invacare Corporation and Sunrise Medical specialize in mobility solutions and home care equipment, enhancing patient independence and quality of life. Cardinal Health and Medline Industries Inc. strengthen the market with broad distribution networks, supply chain solutions, and comprehensive product portfolios that support healthcare providers across multiple care settings. Together, this integration accelerates adoption, improves accessibility, and reinforces competitive differentiation across the Durable Medical Equipment Market.

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Fund Raisings

✅ January 2026 - Medline Industries, Inc. (North America)
Medline Industries raised $70 million to expand production and R&D of durable medical equipment including hospital beds, mobility aids, and respiratory devices. The funding supports innovation in patient comfort, safety, and connected medical devices.

✅ December 2025 - Invacare Corporation (North America)
Invacare directed $55 million toward scaling manufacturing of durable medical devices for home healthcare and rehabilitation. The investment strengthens digital monitoring, ergonomic design, and regulatory compliance capabilities.

✅ November 2025 - Hill-Rom Holdings, Inc. (Europe Operations)
Hill-Rom invested $50 million to enhance its durable medical equipment portfolio and smart hospital solutions. The funding focuses on connected medical devices, patient mobility, and hospital workflow efficiency.

Product Launches & Partnerships

✅ January 2026 - Medline Industries, Inc. (North America)
Medline launched a new line of connected durable medical equipment with smart sensors and remote monitoring capabilities. The products improve patient safety, operational efficiency, and healthcare provider workflow.

✅ December 2025 - Invacare Corporation (North America)
Invacare introduced ergonomic and digitally-enabled wheelchairs, hospital beds, and mobility devices. The launch focuses on comfort, patient independence, and compliance with international safety standards.

✅ October 2025 - Hill-Rom Holdings, Inc. (Europe Operations)
Hill-Rom unveiled a portfolio of smart hospital beds and patient monitoring devices. The products aim to improve hospital efficiency, reduce caregiver strain, and enhance patient recovery outcomes.

Mergers & Acquisitions

✅ January 2026 - Medline Industries, Inc. (North America)
Medline expanded its durable medical equipment portfolio through acquisition of a smart medical device startup. The move strengthens connected device capabilities and product innovation.

✅ November 2025 - Invacare Corporation (North America)
Invacare acquired a home healthcare device manufacturer to broaden its durable medical equipment offerings. The acquisition accelerates product development and expands regional distribution.

✅ October 2025 - Hill-Rom Holdings, Inc. (Europe Operations)
Hill-Rom completed a strategic acquisition of a European medical equipment firm. The deal reinforces its hospital and home healthcare device portfolio and enhances service capabilities.

Segment Covered in the Durable Medical Equipment Market:
By Product Type
The market is segmented into personal mobility devices 30%, medical furniture 25%, bathroom safety devices 15%, and monitoring & therapeutic devices 30%, with personal mobility and monitoring & therapeutic devices dominating due to high demand for patient mobility support, chronic disease management, and home-based care. Medical furniture is growing with hospitals and long-term care facilities, while bathroom safety devices are emerging with aging populations and safety-focused home modifications. Rising geriatric population, increasing chronic diseases, and home healthcare adoption drive market growth.

By End-User Segment
End-users include diagnostic centers 15%, hospitals & clinics 50%, and home healthcare 35%, with hospitals & clinics dominating due to high patient throughput, surgical procedures, and long-term care facilities. Home healthcare is growing with remote patient monitoring and aging population trends. Diagnostic centers are emerging for specialized monitoring and therapeutic services. Convenience, accessibility, and improved patient outcomes support adoption.

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Regional Analysis
North America - 35% Share
North America leads with 35% share due to adoption in the U.S. and Canada. Personal mobility devices and monitoring & therapeutic devices dominate. Hospitals & clinics are primary end-users, with home healthcare growing. Advanced healthcare infrastructure, high chronic disease prevalence, and government support for home healthcare drive market growth.

Europe - 25% Share
Europe holds 25% share driven by adoption in Germany, U.K., France, and Italy. Personal mobility devices and medical furniture dominate. Hospitals & clinics lead, with home healthcare adoption increasing. Aging population, healthcare expenditure, and supportive regulations drive adoption.

Asia Pacific - 25% Share
Asia Pacific accounts for 25% share due to adoption in China, India, Japan, and South Korea. Personal mobility and monitoring & therapeutic devices dominate. Hospitals & clinics and home healthcare lead end-users. Growing healthcare infrastructure, increasing awareness, and chronic disease management needs drive market expansion.

Latin America - 5% Share
Latin America records 5% share with adoption in Brazil, Mexico, and Argentina. Personal mobility and monitoring devices dominate. Hospitals & clinics lead, with home healthcare emerging. Expanding healthcare access and aging population drive growth.

Middle East & Africa - 10% Share
Middle East & Africa hold 10% share due to adoption in UAE, Saudi Arabia, and South Africa. Personal mobility and monitoring devices dominate. Hospitals & clinics are primary end-users, with home healthcare emerging. Healthcare infrastructure expansion and chronic disease prevalence support market growth.

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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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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