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Durable Medical Equipment Market Size
- Report ID: GMI3894
- Published Date: Mar 2020
- Report Format: PDF
Durable Medical Equipment Market Size
Durable Medical Equipment Market size was valued at around USD 180 billion in 2019 and is expected to grow at over 6.1% CAGR from 2020 to 2026.
Technological advancements in manufacturing of durable medical equipment (DME) will render a positive impact on the market growth. Advancement in medical technology has allowed surgeons to securely diagnose and treat patients effectively. Continuous development in the medical field have saved several patients’ lives and enhanced the quality of life. Improving quality of life is the foremost advantage of integrating new alteration into medicine. Furthermore, medical technologies such as comfortable scanning equipment and better monitoring systems are further allowing patients to spend minimum time in recovery, thereby driving DME industry demand. The integration of medical equipment technology including wireless remote monitoring to meet the demand for treatments stemming from surging incidence of diseases drives the market expansion.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Durable Medical Equipment Market Size in 2019: | USD 184.0 Billion |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 6.1% |
| 2026 Value Projection: | USD 280.6 Billion |
| Historical Data for: | 2015 to 2019 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 322 |
| Segments covered: | Product, Payer, End-use and Region |
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Durable Medical Equipment Market Scope
