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Durable Medical Equipment Market Expected to Witness High Growth over the Forecast to 2028 By Top Manufactures: GENERAL ELECTRIC COMPANY, Compass Health Brands, Getinge AB, GF HEALTH PRODUCTS, IN, Medtronic

The Durable Medical Equipment Market research report thoroughly explains each and every aspect related to the Global Durable Medical Equipment Market, which facilitates the report’s reader to study and evaluate the upcoming market trend and execute the analytical data to promote the business.

Durable Medical Equipment Market Insight:

The durable medical equipment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of 176.66 USD billion and grow at a CAGR of 5.84% in the above-mentioned forecast period. Rising patient preference for home-based care drives the durable medical equipment market.

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This Free report sample includes:

  • A brief introduction to the research report.
  • Graphical introduction of the regional analysis.
  • Top players in the market with their revenue analysis.
  • Selected illustrations of market insights and trends.
  • Example pages from the report.

The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios.

Prominent Key Players – Covered in the report: 

GENERAL ELECTRIC COMPANY, Compass Health Brands, Getinge AB, GF HEALTH PRODUCTS, IN, Medtronic, Invacare Corporation, Sunrise Medical, Koninklijke Philips N.V., Medline Industries, Inc., Masimo, Arjo, Hill-Rom Services, Inc, Stryker Corporation, Medical Device Depot Inc, BD, Baxter. And Medical Depot, Inc among other domestic and global players.

Key Pointers Covered in the Durable Medical Equipment Market Industry Trends and Forecast 

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Healthcare Outcomes
  • Regulatory Framework and Changes
  • Prices and Reimbursement Analysis
  • Market Shares in different regions
  • Recent Developments for Market Competitors
  • Market upcoming applications
  • Market innovators study

The Durable Medical Equipment market report provides successfully marked contemplated policy changes, favorable circumstances, industry news, developments, and trends. This information can help readers fortify their market position. It packs various parts of information gathered from secondary sources, including press releases, web, magazines, and journals as numbers, tables, pie-charts, and graphs. The information is verified and validated through primary interviews and questionnaires. The data on growth and trends focuses on new technologies, market capacities, raw materials, CAPEX cycle, and the dynamic structure of the Durable Medical Equipment market.

Medical equipment is classified into two types which includes disposable medical equipment and durable medical equipment. Durable medical equipment is reusable and can also be used for the long run. The medical devices such as ostomy bags, insulin pump, and hospital furniture are considered under durable medical equipment and are used for years.

Increasing prevalence of chronic diseases across the globe is the vital factor escalating the market growth, also rising geriatric population base throughout the globe, rising technological advancements in the medical equipment, rising number of neurological and cardiovascular disorders cases, rising healthcare expenditure and rising penetration of home healthcare services are the major factors among others driving the durable medical equipment market. Moreover, rising technological advancements and modernization in the production of paracetamol, rising research and development activities in the healthcare sector and rising emerging markets with increasing geriatric population base will further create new opportunities for the durable medical equipment market in the forecasted period of 2021-2028.

However, rising adoption of minimally invasive surgeries and issues related to reimbursement against the purchase of DME are the major factors among others which will obstruct the market growth, while increasing reduction in the number of beds in public hospitals along with approval for the commercialization of specific DME will further challenge the growth of the durable medical equipment market in the forecast period mentioned above.

The durable medical equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the durable medical equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Durable Medical Equipment Market Scope and Market Size

The durable medical equipment market is segmented on the basis of device type, end-user and payer. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

  • On the basis of device type, the durable medical equipment market is segmented into personal mobility devices, medical furniture, monitoring and therapeutic devices, and bathroom safety devices.
  • Based on end-user, the durable medical equipment market is segmented into hospital/clinic, ambulatory surgical center, research centers, home healthcare and others.
  • The durable medical equipment market is also segmented on the basis of payer into public, private and out-of-pocket.

Major Regions as Follows:

  • North America(USA, Canada and Mexico)
  • Europe(Germany, France, UK, Russia and Italy)
  • Asia-Pacific(China, Japan, Korea, India and Southeast Asia)
  • South America(Brazil, Argentina, Columbia etc.)
  • Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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The report includes accurately drawn facts and figures, along with graphical representations of vital market data. The research report sheds light on the emerging market segments and significant factors influencing the growth of the industry to help investors capitalize on the existing growth opportunities.

How insights and forecast from the reports could benefit you:

  • The 360-degree Durable Medical Equipment overview based on a global and regional level
  • Market Share & Sales Revenue by Key Players & Emerging Regional Players
  • A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
  • May vary depending upon the availability and feasibility of data with respect to Industry targeted
  • Patent Analysis** No of patents / Trademark filed in recent years.
  • A complete and useful guide for new market aspirants

Why choose us:

  • We share precise and exact information about the market forecast;
  • Our reports have been examined by professional experts of the industry, which makes them beneficial for the company to maximize their return on investment;
  • The analysis acknowledges that the sector players key drivers of both conflicts and Durable Medical Equipment growth assess the impact of limitations as well as the opportunities on the sector;
  • Data regarding Durable Medical Equipment industry share by every item fragment, alongside their reasonable worth, have been served in the report;
  • We provide statistic information, strategic and analysis tool results to provide a sophisticated landscape and target key market players. This will help the company to increase its efficiency;
  • Our report helps readers decipher the current and future constraints of the Durable Medical Equipment market and optimal business strategies to enhance market development;

Table Of Contents: Durable Medical Equipment Market

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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To summarize:

The global Durable Medical Equipment market report studies the contemporary market to forecast the growth prospects, challenges, opportunities, risks, threats, and the trends observed in the market that can either propel or curtail the growth rate of the industry. The market factors impacting the global sector also include provincial trade policies, international trade disputes, entry barriers, and other regulatory restrictions.

Thank you for reading this article. You can also get chapter-wise sections or region-wise report coverage for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Last Updated: 19-Apr-2021