Market Report Summary 2023-2032:

The latest research study released by Quince Market Insights on “Durable Medical Equipment Market” with 100+ pages of analysis on business strategy taken up by emerging industry players, geographical scope, market segments, product landscape and price, and cost structure. It also assists in market segmentation according to the industry’s latest and upcoming trends to the bottom-most level, topographical markets, and key advancement from both market and technology-aligned perspectives. Each section of the Durable Medical Equipment Market business research report is specially prepared to investigate key aspects of the market. This document also entails a detailed analysis of the current applications and comparative analysis with a keen focus on the opportunities and threats and competitive analysis of major companies.

Durable medical equipment (DME) refers to equipment that serves a medical purpose and comprises wheelchairs, oxygen equipment, crutches or blood testing strips for diabetics, infusion pumps and supplies, nebulizers, patient lifts, sleep apnea devices and accessories, walkers, and suction pumps. It offers safety while reducing the need for caregiver assistance to the patient. It enables a patient to become independent and assists in monitoring several chronic diseases among individuals. It also aids in improving the mobility of patients suffering from illness and injury while reducing the time period for hospital stays.

What’s New for 2023?

  • Detailed industry forecast
  • Additional information on organization participation
  • On-demand custom reports and expert assistance
  • Recent market trends and future growth prospects
  • Requested specific regional/country reports

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Research Methodology

Our report includes ongoing and latest market trends, company market shares, market forecasts, competitive benchmarking, competitive mapping, and in-depth analysis of key sustainability tactics and their impact on market growth and competition. In order to estimate quantitative aspects and segment the Global Durable Medical Equipment market, we used a recommended combination of top-down and bottom-up approaches. We studied the Global Durable Medical Equipment market from three key perspectives through data triangulation. Our iterative and comprehensive research methodology helps us to provide the most accurate market forecasts and estimates with no to minimum errors.

Scope of the Durable Medical Equipment Market:

The Global Durable Medical Equipment market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2032. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of Top Key Players in Durable Medical Equipment Market Report are:

Health Brand (US), GE Healthcare (US), Getinge AB (US), GF Health Products Inc. (US), Invacare Corporation (US), Medtronic Inc. (Ireland), Sunrise Medical (UK), Koninklijke Philips NV (UK), Medline Industries Inc. (US), Masimo (US), ArjoHuntleigh (UK), Hill-Rom (US), Stryker (US) and Medical Device Depot, Inc. (US). 

Durable Medical Equipment Market Dynamics Factors:

  • The surge in demand for the durable medical equipment’s to be used residential is the primary factor that is expected to drive the growth of the Durable Medical Equipment Market.
  • Increasing cardiovascular disease across the globe where constant body monitoring is required by the patients is anticipated to fuel the growth of the Durable Medical Equipment Market.

Recent Development  

  • In March 2022, DexCom Inc. received the CE Mark (Conformité Européenne) for the Dexcom G7 Continuous Glucose Monitoring (CGM) System for people with diabetes in Europe aged two years and older, including pregnant women.
  • In January 2022, ASPIRE launched the ASPIRE SOCIALITE WHEELCHAIR in Australia. The Aspire Socialite is an ultra-lightweight transport chair having a capacity to carry a 115kg safe working load that caters to a broad range of users.

Durable Medical Equipment Market: Segmentation:

The Durable Medical Equipment Market research has been segmented based on the Type, Application, Development and region.

Durable Medical Equipment Market by Category:

  • By Device Type (Personal Mobility Devices, Medical Furniture, Monitoring and Therapeutic Devices, and Bathroom Safety Devices)
  • By End User (Hospital/Clinic, Ambulatory Surgical Center, Research Centers, Home Healthcare, and Others)

Durable Medical Equipment Market: Geographical Analysis:

This section of the report provides key insights regarding various regions and the key players operating in each region.

  • North America (United States, Canada and Mexico)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
  • South America (Brazil, Argentina)
  • Europe (Germany, France, United Kingdom, Russia and Italy)
  • Middle East & Africa (UAE, Egypt, Saudi Arabia, and South Africa)

The countries covered in the Durable Medical Equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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Reasons to Purchase this Report:

  • Estimates 2023-2032 Durable Medical Equipment market development trends with the recent trends and SWOT analysis
  • Market dynamics scenario, along with growth opportunities of the market in years to come
  • Market segmentation analysis including qualitative and quantitative research of Durable Medical Equipment market incorporating the impact of economic and policy aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players of Durable Medical Equipment Market in last five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

The report provides insights on the following pointers:

⏩ Market Penetration: Comprehensive information on the product portfolios of the top players in the Durable Medical Equipment market.

⏩ Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

⏩ Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

⏩ Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

⏩ Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Durable Medical Equipment market.

In this study, the years considered to estimate the market size of Durable Medical Equipment market are as follows:

History Year: 2019-2020
Base Year: 2021
Projected Year: 2022
Forecast Year: 2023 to 2032

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Key Questions Answered In The Report

  • What is the global sales value, production value, consumption value, import and export of Durable Medical Equipment market?
  • Who are the global key manufacturers of the Durable Medical Equipment Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
  • What are the Durable Medical Equipment market opportunities and threats faced by the vendors in the global Durable Medical Equipment Industry?
  • What are the Durable Medical Equipment market opportunities and threats faced by the vendors in the global Durable Medical Equipment Industry?
  • What focused approach and constraints are holding the Durable Medical Equipment market?
  • What are the different sales, marketing, and distribution channels in the global industry?

The project report on Durable Medical Equipment covers the following aspects:

  • GTM strategy.
  • Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
  • Market Snapshot (Market Performance, Segments, Regional Insights, Covid-19 Impact and outlook)
  • Manufacturing Process
  • Project Details, Requirements and Costs Involved
  • Project Economics
  • Regulatory Procedures and Approval
  • Key Success and Risk Factors

**Our market research report provides vital intelligence on market size, business trends, industry structure, market share, and market forecasts that are essential to developing business plans and strategy.**

Table of Contents: Durable Medical Equipment Market

  • Part 1: Overview of Durable Medical Equipment Market
  • Part 2: Global Market Status and Forecast by Types
  • Part 3: Global Market Status and Forecast by Downstream Industry
  • Part 4: Market Driving Factor Analysis
  • Part 5: Market Competition Status by Major Manufacturers
  • Part 6: Major Manufacturers Introduction and Market Data
  • Part 7: Upstream and Downstream Market Analysis
  • Part 8: Cost and Gross Margin Analysis
  • Part 9: Marketing Status Analysis
  • Part 10: Market Report Conclusion
  • Part 11: Durable Medical Equipment : Research Methodology and Reference

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