Durable Medical Equipment Market 2020 World Analysis and Forecast Till 2026

Global Durable Medical Equipment Market Research Report: Information by Device Type (Personal Mobility Devices, Medical Furniture, Monitoring and Therapeutic Devices, and Bathroom Safety Devices), End User (Hospital/Clinic, Ambulatory Surgical Center, Research Centers, Home Healthcare, and Others), and Region (the Americas, Europe, Asia-Pacific, and the Middle East & Africa)—Forecast till 2027Durable medical equipment market is likely to expand with a CAGR of 6% CAGR over the forecast period and the market stood at a value of USD 1,08,553.8 million in 2018.

Better inclusion and repayment strategies for DME items are likewise liable to help support the DME market development.

What's more, rising number of older consideration focuses because of expanding geriatric populace base over the globe are anticipated to drive the DME market further.Older patients have low insusceptibility levels and hence, are inclined to skeletal, heart, and neurological issues, which builds the requirement for long haul care and recuperation.

This, thus, is assessed to increase the interest for DME items over the coming years.

Then again, stringent administrative rules in created economies and the absence of gifted experts for this equipment are said to thwart the business development.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/2676The introduction of advanced technologies products with enhanced patient comfort and portability is anticipated to propel the growth of the market.

Rising cases of lifestyle-oriented diseases coupled with demand for wireless monitoring equipment are estimated to propel the market growth.Competitive Analysis:The key players operating in the global durable medical equipment market include Invacare Corporation, Stryker Corporation, ArjoHuntleigh, Hill Rom, Inc., GF Health Products, Inc., -Drive Medical, Sunrise Medical, Carex Health Brands, Inc., and Medline Industries, Inc.

Transparency Market Research (TMR) has published a new report titled, ‘Durable medical equipment (DME) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’.

According to the report, the global durable medical equipment (DME) market was valued at US$ 153.1 Bn in 2018 and is projected to expand at a CAGR of 6.2% from 2019 to 2027.Read Report Overview -   https://www.transparencymarketresearch.com/durable-medical-equipment-market.htmlOverviewDurable Medical Equipment (DME) is any equipment that provides therapeutic benefits to a patient in need because of certain medical conditions and/or illnesses.

Durable Medical Equipment (DME) consists of items which are primarily and customarily used to serve a medical purpose.DME includes, wheelchairs (manual and electric), hospital beds, traction equipment, canes, crutches, walkers, kidney machines, ventilators, oxygen, monitors, pressure mattresses, lifts, nebulizers, electrical blankets etc.North America dominated the global durable medical equipment (DME) market in2018 and the trend is anticipated to continue during the forecast period.

Highly structured health care industry, research, and treatment platforms, rising incidence of chronic and cardiovascular diseases, and presence of a large number of manufacturers are expected to drive the market in North America.Asia Pacific is likely to be a highly lucrative market for durable medical equipment (DME) and it is expected to expand at a high CAGR during the forecast periodRequest Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=21557High Incidence of Major Chronic Diseases and Increase in Geriatric Population to Drive MarketGrowing incidence of cardiac disorders, cancer, ophthalmic ailments, gynecological complications and neurological conditions helps to drive the product demand over the forecast period.

Better coverage and reimbursement policies for DME products are also likely to help boost the DME market growth.In addition, rising number of elderly care centers as a result of increasing geriatric population base across the globe is projected to drive the DME market further.

Such factors is likely to drive the growth of this marketRequest COVID Analysis on Durable Medical Equipment (DME) Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=21557Personal Mobility Devices Segment to Dominate MarketBased on equipment type, the global durable medical equipment (DME) market has been divided into personal mobility devices, bathroom safety devices, medical furniture and monitoring and therapeutic devices.

The U.S. durable medical equipment market size is expected to reach USD 79.6 billion by 2027, exhibiting a 6.0% CAGR over the forecast period, according to a new report published by Radiant Insights, Inc. Increasing incidence of cancer and other diseases such as diabetes, rheumatoid arthritis, and multiple sclerosis is projected to propel the growth.

Rapid technological developments and investments in R activities by the key market players are anticipated to make these product more convenient and user-friendly.

Download Free Sample Report @ https://www.radiantinsights.com/research/us-durable-medical-equipment-market/request-sample Further key findings from the report suggest: • Monitoring and therapeutic devices emerged as the largest segment during the forecast period, owing to the ease of use of the products • Rising demand for new technologies along with advanced healthcare infrastructure is facilitating the market growth during the forecast period • Personal mobility devices is anticipated to be the fastest-growing segment over the study period as these facilities offer custodial care like door openers, wheelchairs and scooters.

• Few of the key players operating in the U.S. durable medical equipment market include Invacare Corporation; Sunrise Medical; ArjoHuntleigh; Hill-Rom; Stryker; Medline Industries, Inc.; Medical Device Depot, Inc.; GF Health Products Inc.; Carex Health Brands; Baxter International, Inc.; Becton, Dickinson and Company; and Joerns Healthcare LLC Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/us-durable-medical-equipment-market Table of Contents Chapter 1.

Approach 2: Volume price analysis1.7.

Objective 11.9.1.1 Understanding the market dynamics (in terms of drivers, restraints & opportunities) in the U.S. country1.9.1.2 Understanding the trends & variables in the individual countries to & their impact on growth and analytical tools to provide high level insights into the market dynamics and the associated growth pattern1.9.2.