Durable Medical Equipment Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025

Report ID: GMI3928




Summary Methodology

Durable medical equipment market size is expected to grow significantly from 2019 to 2025.
 

Durable medical equipment market growth is mainly driven by growing burden of chronic and infectious diseases worldwide. Durable medical equipment includes products such as beds, surgical tables and personal mobility devices that assist in the treatment as well as recovery of patients suffering from chronic diseases. Rising prevalence of chronic diseases such as orthopedic disorders that demand surgical procedures will upsurge the number of hospital admissions. Increased length of hospital stay owing to growing adoption of surgical procedures will significantly impact the industry growth. Moreover, improvements in hospital infrastructure has raised the number of hospital admissions thereby, accelerating durable medical equipment industry growth.
 

Furthermore, rising government initiatives to support development in healthcare infrastructure to ensure better patient outcomes will positively impact the industry growth. Hospitals are incorporating upgraded medical furniture and other medical equipment to aid care givers and offer relaxation to patients leading to quick recovery. Moreover, government in the developing regions is taking various initiatives and encouraging hospitals to develop infrastructure. Such factors will increase the demand for advanced and innovative durable medical equipment, thus driving industry growth over the coming years. However, high cost associated with these equipment may hinder business growth during the forecast period.
 

Personal mobility devices segment accounted for significant revenue share in 2018 and will show considerable growth over the forecast period. Increasing number of trauma and emergency cases including falls, stabbing wound and gunshot wounds will boost the demand for trolley and stretchers for transportation of patients. Rising usage of durable medical equipment in emergency cases such as strokes, accidents, broken bones, sprains and cardiac arrest will, thus fuel the segment growth.
 

Hospital segment will witness tremendous growth over the analysis timeline owing to rising disease burden and growing investments in hospitals worldwide. Growing adoption of surgical procedures for disease treatment will primarily drive the number of hospital admissions across the globe. Moreover, growing number of accidents and emergency cases has boosted the demand for hospital beds, cabinets and chairs among others thereby augmenting segment growth. Increasing government funding for public as well as private hospitals will further proven beneficial for the segment growth.
 

Asia Pacific durable medical equipment market is projected to grow substantially during the analysis period. Regional growth is attributable to growing disease burden due to poor hygiene conditions in emerging countries such as India. This has escalated the number of hospital admissions thus, positively influencing the regional market growth. Moreover, government initiatives in countries such as India, Australia and China to ensure availability of superior quality medical equipment in hospitals, ASCs and other healthcare facilities will further propel the regional industry growth.
 

Few notable players operating in durable medical equipment market include Baxter International, Stryker, GE Healthcare, Getinge AB, GF Health Products, ResMed, Medtronic, Hillrom Services, Invacare Corporation, Becton, Dickinson & Company, Medline Industries, Koninklijke Philips N.V. and Sunrise Medical. Industry players mainly focus on various strategies including novel product launch, collaborations and acquisitions to strengthen company’s existing capitalize and sustain market competition.
 

Durable Medical Equipment Market By Product, 2014-2025 (USD Million)

  • Personal mobility devices
    • Wheelchairs
    • Scooters
    • Walkers & rollators
    • Cranes & crutches
    • Others
  • Medical furniture & bathroom safety devices
    • Commodes and toilets
    • Mattress & bedding devices
    • Others
  • Monitoring and therapeutic devices
    • Blood glucose monitors
    • Infusion pumps
    • Nebulizers
    • Oxygen equipment
    • Continuous Positive Airway Pressure (CPAP) devices
    • Suction pumps
    • Traction equipment
    • Others
  • Others

Durable Medical Equipment Market By End-use, 2014-2025 (USD Million)

  • Hospitals
  • Ambulatory surgical centers
  • Homecare settings
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
  • Latin America
    • Mexico
    • Brazil
    • Argentina
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE

Company Profiles:

  • Baxter International
  • Stryker
  • GE Healthcare
  • Getinge AB
  • GF Health Products
  • ResMed
  • Medtronic
  • Hillrom Services
  • Invacare Corporation
  • Becton, Dickinson & Company
  • Medline Industries
  • Koninklijke Philips N.V.
  • Sunrise Medical

What Information does this report contain?

Historical data coverage: 2014 to 2018; Growth Projections: 2019 to 2025.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


Customize this Report

Pre Book Now

Single User: $5,150 Access to only 1 person; cannot be shared; cannot be printed
Multi User: $7,150 Access for 2 to 5 users only within same department of one company
Enterprise User: $9,150 Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Why Global Market Insights, Inc.?

Reliability & accuracy

  • GMI is unparalleled when to comes to the quality of research and information provided to clients. Our unique methodology is designed to ensure a minimum of 90% accuracy to give our clients excellent value on their investment.

Quality & trust


  • BBB Rating - Click to Verify

Customer service

  • Over 200 experts are available across various time-zones, ready to serve clients for their research needs. Our industry experts help clients to design reports customized to their needs.

Security & compliance

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X