Durable Medical Equipment Market Size 2022 Comprehensive Insights, Future Demand, Industry Overview, and Regional Forecast to 2030
Durable Medical Equipment (DME) Market
The size of the global market for durable medical equipment, estimated at USD 196.4 billion in 2021, is projected to increase at a CAGR of 5.9% during the forecast period. The COVID-19 epidemic has interfered with market participants' business operations and financial liquidity. During the projection period, the rising prevalence of cancer, cardiac illnesses, neurological diseases, and gynaecological difficulties is likely to fuel product demand. Due to the government-imposed lockdown resulting from the COVID-19 pandemic, the supply chain for durable medical equipment (DME) had been disrupted. There have been supply chain disruptions for products like nebulizers, CPAP and RAD machines, and oxygen equipment. The challenges caused by the supply's storage for high-risk patients have boosted demand for all products on the market.
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Durable Medical Equipment (DME) Market:Segment Analysis
Global Durable Medical Equipment (DME) Market: By Type
Personal Mobility Devices
Bathroom Safety Devices
Monitoring and Therapeutic Devices
Global Durable Medical Equipment (DME) Market: By Application
Global Durable Medical Equipment (DME) Market:key players
Key Regions & Countries
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Physiotherapy Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Questions Answered in This Report:
- What is the driving factor for the growth of this Market?
- How will the COVID-19 pandemic impact the demand and consumption of this Market?
- What is the major application area of this Market?
- Which geographical location is dominant in this Market?
- Which are the top industry players in this Market?
The healthcare industry is surely facing disruptions with global economies giving high importance to individual health. In this scenario, we expect our clients to get deep insights to power their innovations in the right direction. We have been keeping a close watch on the changes and modifications happening in the healthcare domain. As per our understanding, these alterations are active and unexampled.
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