Global Durable Medical Equipment Market Size is valued at USD 241.5 Billion in 2024 and is predicted to reach USD 436.5 Billion by the year 2034 at a 6.2% CAGR during the forecast period for 2025-2034.
Durable medical equipment is a type of medical utility equipment that is made to be used for long-time in-patient care and treatment. These are different from single-use gadgets because they are made to be used for long-term therapy. The need for help with basic bodily processes and everyday motions increases as people age. There is a continual need for durable medical equipment such as wheelchairs, dialysis machines, breathing equipment, and more due to the increase in senior care and nursing homes.
The prevalence of long-term health problems is also rising. While becoming older certainly plays a role, other lifestyle factors, such as insufficient exercise, worsen the situation. Accidents and poor eating habits also contribute to the need for long-term medical devices. Furthermore, the global rise in cardiovascular illness, necessitating continuous monitoring of patient vital signs, is expected to expand the durable medical equipment market.
The market growth is hampered by the high-cost criteria for the safety and health of the durable medical equipment market and the product's inability to prevent fog in environments with dramatic temperature fluctuations or highly durable medical equipment because making, buying, and maintaining long-lasting medical equipment can be quite costly. Healthcare providers and people may be hesitant to engage in cutting-edge technology due to its high initial cost, even if it has the potential to enhance patient final outcomes and overall quality of life.
Global events, such as pandemics or supply chain disruptions, can greatly affect the availability of long-term medical equipment. The government-imposed shutdown caused by the COVID-19 epidemic also interrupted the supply chain of DME. Products, including nebulizers, oxygen concentrators, CPAP machines, and RADs, have experienced disruptions in their supply chains. Complications for high-risk patients caused by storage have contributed to strong market demand for the products.
The durable medical equipment market is segmented based on product and end user. As per the product segment, the market is divided into personal mobility devices, bathroom safety devices & medical furniture and monitoring & therapeutic devices. By end user, the market is segmented into hospitals, nursing homes, home healthcare, and others.
The monitoring and therapeutic devices segment in durable medical equipment market is expected to hold a major global market share in 2022 because of the increasing demand for wireless monitoring devices and the number of lifestyle-related disorders that require health record analysis. There will likely be an increase in the demand for health and fitness monitoring apps and devices like smart glasses, fitness bands, and wristwatches that can track vitals like temperature, heart rate, and oxygen levels and give important health analyses to help people stay safe.
The home healthcare industry makes up the bulk of durable medical equipment because family members can keep tabs on health using equipment and tracking devices. Home healthcare is a cost-effective alternative to hiring medical professionals. Additionally, being in a familiar setting, such as one's own house, might be helpful for a patient's mental health., especially in countries like the US, Germany, the UK, China, and India.
The North American durable medical equipment market is expected to record the maximum revenue share in the near future. It can be attributed to the rapid advancement of cutting-edge medical technology and the concentration of key regional players. The medical and biological sciences are fields that are constantly evolving technologically. Patients must have access to affordable equipment if the market is to accommodate the greatest potential population. In addition, Asia Pacific is estimated to grow rapidly in the global durable medical equipment market because there is a growing number of chronic diseases among the target population, a surge in demand for medical equipment among patients, and several government initiatives and financial schemes focused on expanding healthcare access.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 241.5 Billion |
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Revenue forecast in 2034 |
USD 436.5 Billion |
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Growth Rate CAGR |
CAGR of 6.2% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product, End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Invacare Corporation, ArjoHuntleigh, Stryker Corporation, Drive Medical, GF Health Products, Inc., Sunrise Medical, Medline Industries, Hill Rom, Inc., Carex Health Brands, Becton, Dickinson and Company, General Electric Company, Medtronic PLC, Compass Health Brands, Getinge AB, Resmed Inc., Koninklijke Philips NV, Medical Device Depot Inc., and Others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Durable Medical Equipment Market Snapshot
Chapter 4. Global Durable Medical Equipment Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Product Estimates & Trend Analysis
5.1. By Product, & Market Share, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Product:
5.2.1. Personal Mobility Devices
5.2.1.1. Wheelchairs
5.2.1.2. Scooters
5.2.1.3. Walker and Rollators
5.2.1.4. Cranes and Crutches
5.2.1.5. Door Openers
5.2.1.6. Others
5.2.2. Bathroom Safety Devices & Medical Furniture
5.2.2.1. Commodes and Toilets
5.2.2.2. Mattress & Bedding Devices
5.2.3. Monitoring & Therapeutic Devices
5.2.3.1. Blood sugar monitors
5.2.3.2. Continuous Passive Motion (CPM)
5.2.3.3. Infusion Pumps
5.2.3.4. Nebulizers
5.2.3.5. Oxygen Equipment
5.2.3.6. Continuous Positive Airway Pressure (CPAP)
5.2.3.7. Suction Pumps
5.2.3.8. Traction Equipment
5.2.3.9. Others
Chapter 6. Market Segmentation 2: By End User Estimates & Trend Analysis
6.1. By End User & Market Share, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By End User:
6.2.1. Hospitals
6.2.2. Nursing Homes
6.2.3. Home Healthcare
6.2.4. Others
Chapter 7. Durable Medical Equipment Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Durable Medical Equipment Market revenue (US$ Million) estimates and forecasts By Product, 2021-2034
7.1.2. North America Durable Medical Equipment Market revenue (US$ Million) estimates and forecasts By End User, 2021-2034
7.1.3. North America Durable Medical Equipment Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
7.2. Europe
7.2.1. Europe Durable Medical Equipment Market revenue (US$ Million) By Product, 2021-2034
7.2.2. Europe Durable Medical Equipment Market revenue (US$ Million) By End User, 2021-2034
7.2.3. Europe Durable Medical Equipment Market revenue (US$ Million) by country, 2021-2034
7.3. Asia Pacific
7.3.1. Asia Pacific Durable Medical Equipment Market revenue (US$ Million) By Product, 2021-2034
7.3.2. Asia Pacific Durable Medical Equipment Market revenue (US$ Million) By End User, 2021-2034
7.3.3. Asia Pacific Durable Medical Equipment Market revenue (US$ Million) by country, 2021-2034
7.4. Latin America
7.4.1. Latin America Durable Medical Equipment Market revenue (US$ Million) By Product (US$ Million) 2021-2034
7.4.2. Latin America Durable Medical Equipment Market revenue (US$ Million) By End User, (US$ Million) 2021-2034
7.4.3. Latin America Durable Medical Equipment Market revenue (US$ Million) by country, 2021-2034
7.5. Middle East & Africa
7.5.1. Middle East & Africa Durable Medical Equipment Market revenue (US$ Million) By Product, (US$ Million) 2021-2034
7.5.2. Middle East & Africa Durable Medical Equipment Market revenue (US$ Million) By End User, (US$ Million) 2021-2034
7.5.3. Middle East & Africa Durable Medical Equipment Market revenue (US$ Million) by country, 2021-2034
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Invacare Corporation,
8.2.2. ArjoHuntleigh,
8.2.3. Stryker Corporation,
8.2.4. Drive Medical,
8.2.5. GF Health Products, Inc.,
8.2.6. Sunrise Medical,
8.2.7. Medline Industries,
8.2.8. Hill Rom, Inc.,
8.2.9. Carex Health Brands, Inc
8.2.10. Becton, Dickinson and Company
8.2.11. General Electric Company
8.2.12. Medtronic PLC
8.2.13. Compass Health Brands
8.2.14. Getinge AB
8.2.15. Resmed Inc.
8.2.16. Koninklijke Philips NV,
8.2.17. Medical Device Depot Inc.,
8.2.18. Others
Durable Medical Equipment Market By Product-
Durable Medical Equipment Market By End User-
Durable Medical Equipment Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
