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durable medical Market Size by 2028 | Industry Segmentation by Type, Application, Regions, Key News and Top Companies Profiles

durable medical Market Size

By Vandana ManturgekarPublished 4 years ago 4 min read

The global durable medical equipment market size is expected to reach USD 305.17 Billion in 2028 at a steady CAGR over the forecast period, according to latest analysis by Emergen Research. The report also covers the influence of the COVID-19 pandemic on the durable medical equipment market. The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. Durable medical equipment is segmented into personal mobility devices, bathroom safety devices and medical furniture, monitoring, and therapeutic devices. Personal mobility devices refer to devices that provide mobility to users who are unable to move or walk.

Durable medical equipment is designed to manage various medical conditions, illnesses, and offer therapeutic benefits and convenience to patients.Durable medical equipment is segmented into personal mobility devices, bathroom safety devices and medical furniture, monitoring, and therapeutic devices. Personal mobility devices refer to devices that provide mobility to users who are unable to move or walk.

Click To get SAMPLE PDF (Including Full TOC, Graphs & Charts, Table & Figures)https://www.emergenresearch.com/industry-report/durable-medical-equipment-market

The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic.

The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

To know more about the report, visit @ https://www.emergenresearch.com/request-sample/635

The study on the Global durable medical equipment Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The durable medical equipment market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the durable medical equipment industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall durable medical equipment industry.

Some Key Findings From the Report:

• In February 2021, InfuSystem acquired FilAMed. This acquisition will help InfuSystem to broaden and enhance its biomedical services offerings within its DME platform and provide the opportunity for the company to enter into the acute care market.

• Hospital segment accounted for major revenue share among the other end-use segments in the global market in 2020. Rising number of hospitals and development in hospital infrastructure are the key factors driving revenue growth in this segment.

Asia Pacific is expected to register the fastest CAGR throughout the forecast period, which can be attributed to rapid development in medical infrastructure, growing investment in medical equipment manufacturing, and rising adoption of advanced medical equipment.

The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.

Top competitors of the durable medical equipment Market profiled in the report include:

Key players operating in the market are Invacare Corporation, GE Healthcare, Stryker Corporation, Hill Rom, Inc., Drive Medical, GF Health Products, Inc., Sunrise Medical, Medline Industries, Inc., Carex Health Brands, Inc., and Intco Medical.

Request a discount on the report https://www.emergenresearch.com/request-discount/635

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

durable medical equipment Market Segmentation:

For the purpose of this report, Emergen Research has segmented the global durable medical equipment market based on product type, payers, end-use, and region:

• Product Type Outlook (Revenue, USD Billion; 2018–2028)

o Bathroom Safety Devices and Medical Furniture

o Personal Mobility Devices

o Monitoring and Therapeutic Devices

• Payer Outlook (Revenue, USD Billion; 2018–2028)

o Private

o Public

o Out-of-Pocket

• End-Use Outlook (Revenue, USD Billion; 2018–2028)

o Clinics

o Hospitals

o Long Term Care Centers

o Home Care Settings

o Ambulatory Surgical Centers

o Others

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

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About the Creator

Vandana Manturgekar

https://www.emergenresearch.com/industry-report/antibody-drug-conjugates-market

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