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Medical Devices

Global Durable Medical Equipment Market Size study, by Product (Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices) by End-user (Hospitals, Nursing Homes, Home Healthcare, Other End-user) and Regional Forecasts 2022-2028

  • BIZ4983533
  • 200 Pages
  • July 2022
  • Medical Devices
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Global Durable Medical Equipment Market is valued approximately USD 191.4 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.30 % over the forecast period 2022-2028. Durable Medical Equipment is a type of medical equipment’s that is intended to last for more than one use, oftentimes is intended to last for months or even years. The durable medical equipment’s mainly used in the home to aid in a better quality of living. The increasing prevalence of chronic diseases requiring long term care, increasing geriatric population drive the adoption of Durable Medical Equipment across the forecast period. For Instance according to World Health organization estimates- as of 2021, around 41 million people lost their lives due to Noncommunicable diseases (NCDs), which accounted for 71% of all deaths globally. Moreover, more than 15 million people die from a NCD between the ages of 30 and 69 years. Around 85% of these premature deaths occurred in low- and middle-income countries. Further, increasing penetration of home healthcare services and staff drivers the market growth of Durable Medical Equipment market. Also, with the introduction of technologically advanced product with supreme patient comfort and is likely to increase the market growth during the projected period. However, stringent regulatory requirements related to medical supplies impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Durable Medical Equipment Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world due to presence of leading manufacturers and quick adoption of advanced products. Whereas, Asia-Pacific is also anticipated to exhibit highest CAGR over the forecast period 2022-2028. Factors such as rising the target population base with increasing chronic diseases, the need for medical equipment by the patients and supportive government initiatives create lucrative growth prospects for the Durable Medical Market across Asia-Pacific region.

Major market player included in this report are:

ArjoHuntleigh

Stryker Corporation

Hill Rom, Inc.

Drive Medical

GF Health Products, Inc.

Sunrise Medical.

Medline Industries, Inc

Carex Health Brands, Inc.

Siemens Healthcare GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Personal Mobility Devices

Bathroom Safety Devices and Medical Furniture

Monitoring and Therapeutic Devices

By End-user:

Hospitals

Nursing Homes

Home Healthcare

Other End-user

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Durable Medical Equipment Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. Durable Medical Equipment Market, by Region, 2020-2028 (USD Billion)

1.2.2. Durable Medical Equipment Market, by Product, 2020-2028 (USD Billion)

1.2.3. Durable Medical Equipment Market, by End-use, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Durable Medical Equipment Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Durable Medical Equipment Market Dynamics

3.1. Durable Medical Equipment Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Increasing prevalence of chronic diseases requiring long-term care

3.1.1.2. Growing geriatric population

3.1.1.3. Increasing penetration of home healthcare services and staff

3.1.2. Market Restraint

3.1.2.1. Stringent Regulatory requirements related to medical supplies

3.1.3. Market Opportunities

3.1.3.1. Technological advancement of products

Chapter 4. Global Durable Medical Equipment Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Durable Medical Equipment Market, by Product

6.1. Market Snapshot

6.2. Global Durable Medical Equipment Market by Product, Performance - Potential Analysis

6.3. Global Durable Medical Equipment Market Estimates & Forecasts by Product 2018-2028 (USD Billion)

6.4. Durable Medical Equipment Market, Sub Segment Analysis

6.4.1. Personal Mobility Devices

6.4.2. Bathroom Safety Devices and Medical Furniture

6.4.3. Monitoring and Therapeutic Devices

Chapter 7. Global Durable Medical Equipment Market, by End-use

7.1. Market Snapshot

7.2. Global Durable Medical Equipment Market by End-use, Performance - Potential Analysis

7.3. Global Durable Medical Equipment Market Estimates & Forecasts by End-use 2018-2028 (USD Billion)

7.4. Durable Medical Equipment Market, Sub Segment Analysis

7.4.1. Hospitals

7.4.2. Nursing Homes

7.4.3. Home Healthcare

7.4.4. Other End-user

Chapter 8. Global Durable Medical Equipment Market, Regional Analysis

8.1. Durable Medical Equipment Market, Regional Market Snapshot

8.2. North America Durable Medical Equipment Market

8.2.1. U.S. Durable Medical Equipment Market

8.2.1.1. Product breakdown estimates & forecasts, 2018-2028

8.2.1.2. End-use breakdown estimates & forecasts, 2018-2028

8.2.2. Canada Durable Medical Equipment Market

8.3. Europe Durable Medical Equipment Market Snapshot

8.3.1. U.K. Durable Medical Equipment Market

8.3.2. Germany Durable Medical Equipment Market

8.3.3. France Durable Medical Equipment Market

8.3.4. Spain Durable Medical Equipment Market

8.3.5. Italy Durable Medical Equipment Market

8.3.6. Rest of Europe Durable Medical Equipment Market

8.4. Asia-Pacific Durable Medical Equipment Market Snapshot

8.4.1. China Durable Medical Equipment Market

8.4.2. India Durable Medical Equipment Market

8.4.3. Japan Durable Medical Equipment Market

8.4.4. Australia Durable Medical Equipment Market

8.4.5. South Korea Durable Medical Equipment Market

8.4.6. Rest of Asia Pacific Durable Medical Equipment Market

8.5. Latin America Durable Medical Equipment Market Snapshot

8.5.1. Brazil Durable Medical Equipment Market

8.5.2. Mexico Durable Medical Equipment Market

8.6. Rest of The World Durable Medical Equipment Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Invacare Corporation

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent DevelopmentsInvacare Corporation

9.2.2. ArjoHuntleigh

9.2.3. Stryker Corporation

9.2.4. Hill Rom, Inc.

9.2.5. Drive Medical

9.2.6. GF Health Products, Inc.

9.2.7. Sunrise Medical.

9.2.8. Medline Industries, Inc

9.2.9. Carex Health Brands, Inc.

9.2.10.Siemens Healthcare GmbH

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Durable Medical Equipment Market, report scope

TABLE 2. Global Durable Medical Equipment Market estimates & forecasts by Region 2018-2028 (USD Billion)

TABLE 3. Global Durable Medical Equipment Market estimates & forecasts by Product 2018-2028 (USD Billion)

TABLE 4. Global Durable Medical Equipment Market estimates & forecasts by End-use 2018-2028 (USD Billion)

TABLE 5. Global Durable Medical Equipment Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 6. Global Durable Medical Equipment Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 7. Global Durable Medical Equipment Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 8. Global Durable Medical Equipment Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 9. Global Durable Medical Equipment Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 10. Global Durable Medical Equipment Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 11. Global Durable Medical Equipment Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 12. Global Durable Medical Equipment Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 13. Global Durable Medical Equipment Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 14. Global Durable Medical Equipment Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 15. U.S. Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 16. U.S. Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 17. U.S. Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 18. Canada Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 19. Canada Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 20. Canada Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 21. UK Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 22. UK Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 23. UK Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 24. Germany Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 25. Germany Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 26. Germany Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 27. RoE Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 28. RoE Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 29. RoE Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 30. China Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 31. China Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 32. China Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 33. India Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 34. India Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 35. India Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 36. Japan Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 37. Japan Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 38. Japan Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 39. RoAPAC Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 40. RoAPAC Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 41. RoAPAC Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 42. Brazil Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 43. Brazil Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 44. Brazil Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 45. Mexico Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 46. Mexico Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 47. Mexico Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 48. RoLA Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 49. RoLA Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 50. RoLA Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 51. Row Durable Medical Equipment Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 52. Row Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 53. Row Durable Medical Equipment Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 54. List of secondary sources, used in the study of Global Durable Medical Equipment Market

TABLE 55. List of primary sources, used in the study of Global Durable Medical Equipment Market

TABLE 56. Years considered for the study

TABLE 57. Exchange rates considered

 
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