As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Durable Medical Equipment Market: By Product: Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Durable Medical Equipment Market Outlook

The global durable medical equipment market stood at a value of around USD 190.5 billion in 2020. The market is further expected to grow at a CAGR of 6.29% in the forecast period of 2021-2026 to attain USD 274.9 billion by 2026.

 

Growing Demand for Personal Mobility Devices to Bolster the Growth of the Durable Medical Equipment Industry

Based on product, there has been a rise in demand for personal mobility devices, and the segment is anticipated to witness a considerable growth in the forecast period. The growth can be attributed to the increased demand for walkers, cranes, and crutches among the geriatric population across the world. The older people develop mobility limitations due to weaker bones and decreased appetite. Therefore, personal mobility devices enhance their quality of life and help them accomplish the day-to-day tasks with ease. This is aiding the growth of the segment.

 

Global Durable Medical Equipment Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

North America Accounts for a Significant Share in the Market

The increasing prevalence of chronic diseases in the region, such as cancer, diabetes, and cardiovascular and neurological disorders, among others, has been driving the market growth. Over the forecast period, the increasing demand for durable medical equipment in the United States and Canada owing to the rising geriatric population is likely to aid the market significantly. The market is expected to be further aided by the rising healthcare expenditure to bolster the quality of living in the region.

 

Durable Medical Equipment: Industry Definition and Segmentation

Durable medical equipments are medical devices that are designed to last for more than one use and are generally intended to last for months or even years. Durable medical equipments such as crutches and oxygen tanks can be used for long term and are known to be life saviour for the geriatric population.

On the basis of product, the market is divided into:

  • Personal Mobility Devices
  • Bathroom Safety Devices and Medical Furniture
  • Monitoring and Therapeutic Devices  

The significant end uses of the product are:

  • Hospitals
  • Nursing Homes
  • Home Healthcare
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Growing Demand for the Product in Hospitals and Home Healthcare to Boost the Growth of the Durable Medical Equipment Industry

The global durable medical equipment industry is driven by the growing utilisation of various types of products in the home healthcare and hospitals sector. The demand for durable medical equipment in the home healthcare sector is quite significant, which can be attributed to the fact that these equipments help physically disabled person or a person with weak bones, thus, helping them accomplish the day-to-day tasks. The growing end use of the product in hospitals can be attributed to the rising number of accidents being reported in both private and government hospitals. The market, in the forecast period, is anticipated to be aided by the rising demand for monitoring and therapeutic devices, especially after the outbreak of the COVID-19 pandemic.

 

Key Industry Players in the Global Durable Medical Equipment Market

The report gives a detailed analysis of the following key players in the global durable medical equipment market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Invacare Corporation
  • Sunrise Medical
  • ArjoHuntleigh
  • Hill-ROM
  • Stryker Corporation
  • Medline industries INC.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, End Use, Region
Breakup by Product Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices
Breakup by End Use Hospitals, Nursing Homes, Home Healthcare, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Invacare Corporation, Sunrise Medical, ArjoHuntleigh, Hill-ROM, Stryker Corporation, Medline industries INC., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Durable Medical Equipment Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Durable Medical Equipment Historical Market (2016-2020) 
    8.3    Global Durable Medical Equipment Market Forecast (2021-2026)
    8.4    Global Durable Medical Equipment Market by Product
        8.4.1    Personal Mobility Devices 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Bathroom Safety Devices and Medical Furniture
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Monitoring and Therapeutic Devices 
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
    8.5    Global Durable Medical Equipment Market by End Use
        8.5.1    Hospitals 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Nursing Homes 
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Home Healthcare
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Others
    8.6    Global Durable Medical Equipment Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Invacare Corporation 
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Sunrise Medical
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    ArjoHuntleigh
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Hill-ROM
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Stryker Corporation 
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Medline industries INC.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Durable Medical Equipment Market: Key Industry Highlights, 2016 and 2026
2.    Global Durable Medical Equipment Historical Market: Breakup by Product (USD Billion), 2016-2020
3.    Global Durable Medical Equipment Market Forecast: Breakup by Product (USD Billion), 2021-2026
4.    Global Durable Medical Equipment Historical Market: Breakup by End-Use Outlook (USD Billion), 2016-2020
5.    Global Durable Medical Equipment Market Forecast: Breakup by End-Use Outlook (USD Billion), 2021-2026
6.    Global Durable Medical Equipment Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Durable Medical Equipment Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Durable Medical Equipment Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Durable Medical Equipment Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Durable Medical Equipment Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Durable Medical Equipment Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Durable Medical Equipment Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Durable Medical Equipment Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Durable Medical Equipment Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Durable Medical Equipment Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Durable Medical Equipment Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Durable Medical Equipment Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Global Durable Medical Equipment Market Structure

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports





NEWSLETTER