Global Durable Medical Equipment Market

Durable Medical Equipment Market Size, Share, Growth Analysis, By Product(Personal mobility devices, bathroom safety devices and medical furniture, monitoring and therapeutic devices, and others), By End-use(Hospitals, home healthcare, nursing homes, and others), By Region(North America, Europe, Asia-Pacific, Latin America), By Region - Industry Forecast 2025-2032

Report ID: SQMIG35A2180 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 94 | Figures: 76

Durable Medical Equipment Market Competitive Landscape

The global durable medical equipment market is highly competitive in nature. To maintain a competitive edge, the major industry participants are implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by some players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also investing heavily for R&D.

Durable Medical Equipment Market Top Player's Company Profiles  

  • Invacare Corporation
  • Drive Medical
  • Hill-Rom Holdings, Inc.
  • Stryker Corporation
  • ArjoHuntleigh
  • Medline Industries, Inc.
  • Permobil AB
  • Sunrise Medical LLC
  • GF Health Products, Inc.
  • Pride Mobility Products Corporation
  • Medtronic plc
  • Otto Bock Healthcare
  • DJO Global, Inc.
  • ResMed Inc.
  • Becton, Dickinson and Company (BD)
  • 3M Health Care
  • Smith & Nephew plc
  • Baxter International Inc.
  • Teleflex Incorporated
  • Zimmer Biomet Holdings, Inc.

Durable Medical Equipment Market

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Durable Medical Equipment Market size was valued at USD 220.26 Billion in 2023 and is poised to grow from USD 233.26 Billion in 2024 to USD 368.98 Billion by 2032, growing at a CAGR of 5.90% during the forecast period (2025-2032).

The global durable medical equipment market is highly competitive in nature. To maintain a competitive edge, the major industry participants are implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by some players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also investing heavily for R&D. 'Invacare Corporation', 'Drive Medical', 'Hill-Rom Holdings, Inc.', 'Stryker Corporation', 'ArjoHuntleigh', 'Medline Industries, Inc.', 'Permobil AB', 'Sunrise Medical LLC', 'GF Health Products, Inc.', 'Pride Mobility Products Corporation', 'Medtronic plc', 'Otto Bock Healthcare', 'DJO Global, Inc.', 'ResMed Inc.', 'Becton, Dickinson and Company (BD)', '3M Health Care', 'Smith & Nephew plc', 'Baxter International Inc.', 'Teleflex Incorporated', 'Zimmer Biomet Holdings, Inc.'

The major reason anticipated to propel the expansion of  durable medical equipment market size is rising need for durable medical equipment to be used at home. 

The vital signs monitor is a tool that assists medical and nursing staff in gathering information about the patient's physiologic condition. Nurses are usually in charge of monitoring these vital signs, which include blood pressure (BP), heart rate (HR), respiratory rate (RR), oxygen saturation (SpO 2), and core temperature. Consistent vital sign monitoring is essential for detecting clinical deterioration in hospital patients. It is primarily monitored by nurses, who measure and document all patients' primary vital signs 2-3 times a day to assess their condition.

The market in North America held the largest market share of 34.9% in 2022, and is likely to maintain its dominant position during the anticipated period. This is accountable to the rapid adoption of advanced equipment in the United States, the region now accounts for a larger share of the market. The region's growth is expected to be boosted mostly by the presence of leading manufacturers and the rapid adoption of advanced products. In order to secure a large share of the market, the region is constantly developing cost-effective and advanced devices for patients.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Durable Medical Equipment Rental Market
Buy Now GET FREE SAMPLE
Home Medical Equipment Market
Buy Now GET FREE SAMPLE
Refurbished Medical Equipment Market
Buy Now GET FREE SAMPLE
Patient Handling Equipment Market
Buy Now GET FREE SAMPLE
Wearable Medical Devices Market
Buy Now GET FREE SAMPLE
Portable Medical Devices Market
Buy Now GET FREE SAMPLE
Orthopedic Devices Market
Buy Now GET FREE SAMPLE
Medical Devices Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Durable Medical Equipment Market

Report ID: SQMIG35A2180

$5,300
BUY NOW GET FREE SAMPLE