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.
Overview
·
·
·
·
Request a PDF
Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=21557
High Incidence of Major Chronic Diseases and Increase in Geriatric
Population to Drive Market
Growing 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. Adults have low
immunity level and more prone to cardiac, skeletal and neurological problems,
which increases the need for long-term hospital stay for recovery. According to
a report by the U.S. Census Board in 2016, people aged 60 years or above represented
nearly 18% of the country’s total population and the percentage is projected to
increase to 21% by 2030. Such factors is likely to drive the growth of this
market
Personal Mobility Devices Segment to Dominate Market
Based 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 personal mobility devices segment has been bifurcated
into medical beds, matress, strechers, lift chairs and others. The combination
pills segment dominated the global durable medical equipment (DME) market in
2018 and the trend is projected to continue during the forecast period. Rising
incidence rates of infectious and chronic diseases such as sexually transmitted
and chronic obstructive pulmonary diseases, diabetes, and cancer are major
factor for to boost the market growth. In addition, increasing demand for
medical beds, matress, strechers, lift chairs in countries like India, China
due to rising number of hospital.
Request for Analysis
of COVID19 Impact on Durable Medical Equipment (DME) Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=21557
Hospitals to be Highly Lucrative Segment
In terms of end-user, the global
durable medical equipment (DME) market has been classified into hospitals, long
term care centers, ambulatory surgical centers, home care setting and others.
The hospitals segment dominated the durable medical equipment (DME) market due
to increasing number of hospitals and rising investments in the health care
sector by governments of developing countries are likely to fuel the segment
during the forecast period.
North America to Dominate Global Market
·
·
·
Buy Durable Medical
Equipment (DME) Market Report at https://www.transparencymarketresearch.com/checkout.php?rep_id=21557<ype=S
Competitive Landscape
The global Durable medical
equipment (DME) market is fragmented in terms of number of players. Key players
in the global market include Stryker Corporation, Medtronic plc., Medline
Industries, Inc., BD, Hill-Rom Holdings, Inc., Drive DeVilbiss Healthcare,
Inc., Invacare Corporation, Sunrise Medical (US) LLC, and ResMed, Inc.
More Trending Reports
by Transparency Market Research –
Non-invasive Prenatal
Testing Market: https://www.prnewswire.com/news-releases/women-opting-for-late-motherhood-driving-demand-for-non-invasive-prenatal-testing-transparency-market-research-301005822.html
Read our Case study
at https://www.transparencymarketresearch.com/casestudies/innovative-medical-device-manufacturing-start-up
About Us
Transparency Market Research is a
global market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and
trends analysis provides forward-looking insight for several decision makers.
Our experienced team of analysts, researchers, and consultants use proprietary
data sources and various tools and techniques to gather and analyze
information.
Our data repository is
continuously updated and revised by a team of research experts so that it
always reflects latest trends and information. With a broad research and
analysis capability, Transparency Market Research employs rigorous primary and
secondary research techniques in developing distinctive data sets and research
material for business reports.
Contact
Transparency Market Research,
90 Sate Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free:
866-552-3453