Durable Medical Equipment Market Drivers, Restraints and Challenges Analysis Report 2022-2028

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 Global Durable Medical Equipment Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.

The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.

The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product and end-use.

These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.

The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Durable Medical Equipment Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/16698-durable-medical-equipment-market-reportThe report also covers the complete competitive landscape of the global Durable Medical Equipment market with company profiles of key players such as:ArjoHuntleigh ABCarex Health Brands, Inc.Drive MedicalGF Health Products Inc.Hill Rom, IncInvacare CorporationMedline Industries, Inc.Stryker CorporationSunrise MedicalA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Product:Personal Mobility DevicesWheelchairsScootersWalker And RollatorCranes And CrutchesDoor OpenersOther DevicesBathroom Safety Devices And Medical FurnitureCommodes And ToiletsMattresses & Bedding DevicesMonitoring And Therapeutic DevicesBlood Sugar MonitorsContinuous Passive Motion (CPM)Infusion Pumps MarketNebulizersOxygen EquipmentContinuous Positive Airway Pressure (CPAP)Suction PumpsTraction EquipmentOther EquipmentBy End-Use:HospitalsNursing HomesHome HealthcareOthersBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Durable Medical Equipment Market @ https://www.decisiondatabases.com/contact/download-sample-16698The Global Durable Medical Equipment Market has been exhibited in detail in the following chapters –Chapter 1 Durable Medical Equipment Market PrefaceChapter 2 Executive SummaryChapter 3 Durable Medical Equipment Industry AnalysisChapter 4 Durable Medical Equipment Market Value Chain AnalysisChapter 5 Durable Medical Equipment Market Analysis By ProductChapter 6 Durable Medical Equipment Market Analysis By End-UseChapter 7 Durable Medical Equipment Market Analysis By GeographyChapter 8 Competitive Landscape Of Durable Medical Equipment CompaniesChapter 9 Company Profiles Of Durable Medical Equipment IndustryPurchase the complete Global Durable Medical Equipment Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-16698Other Reports by DecisionDatabases.com:Global Reprocessed Medical Device Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Medical Videoscopes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Medical Robots Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.

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 2025The Global Durable Medical Equipment Market Analysis  shows is anticipated to grow at a 6% CAGR between 2019-2025, states the latest Market Research Future (MRFR) report.

Also known as home medical equipment, they can be easily handled by the patient’s caregiver or family members.

Such factors, as per the latest Market Research Future report, include rising penetration of healthcare staff and services, increasing geriatric population, growing number of elderly care centers, favorable reimbursement policies and better coverage for the DME industry, and increasing incidence of gynecological complications, neurological conditions, ophthalmic ailments, cardiac disorders, and cancer.

On the contrary, high equipment and maintenance costs, scarcity of skilled professionals, and stringent regulatory guidelines are factors that may hamper the durable medical equipment market growth during the forecast period.

Durable Medical Equipment Market Key PlayersNotable players profiled in the durable medical equipment market report include Medical Device Depot, Inc. (US), Stryker (US), Hill-Rom (US), ArjoHuntleigh (UK), Masimo (US), Medline Industries Inc. (US), Koninklijke Philips NV (UK), Sunrise Medical (UK), Medtronic Inc. (Ireland), Invacare Corporation (US), GF Health Products Inc. (US), Getinge AB (US), GE Healthcare (US), and Compass Health Brand (US).

Durable Medical Equipment Industry NewsNovember 2019: SteriTouch has joined hands with Thermaset for developing innovative coatings, especially nylon-modified antimicrobial powder coat, to offer improved durability to hospital trollies.

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.

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.

According to the latest report by IMARC Group “Durable Medical Equipment Market Trends: Global Industry Share, Size, Growth, Opportunity and Forecast 2021-2026“, The global durable medical equipment market reached a value of US$ 183.3 Billion in 2020.

Looking forward, IMARC Group expects the market to grow at a CAGR of 6.2% during 2021-2026.Durable medical equipment refers tonon-disposable instrument utilized in clinics, hospitals, and home care settings to help patients live a better quality of life.

It offers various benefits, such as treating an illness or injury and supporting a disabled body part, which is intended for the management of several medical ailments.Request for a free sample copy of this report: https://www.imarcgroup.com/durable-medical-equipment-market/requestsampleNote: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries.

These observations will be integrated into the report.Market Trends:The global durable medical equipment market is primarily driven by the increasing elderly population, who are more prone to disabilities.

Along with this, the rising instances of chronic diseases, such as cancer, cardiac disorders, neurological conditions, are also contributing to the market growth.

Besides this, the outbreak of coronavirus disease (COVID-19) has escalated the demand for DME to expand the healthcare capacity in healthcare systems across the globe.