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Durable Medical Equipment - Global Strategic Business Report

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    Report

  • 1294 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5141557
The global market for Durable Medical Equipment is estimated at US$222.2 Billion in 2023 and is projected to reach US$363 Billion by 2030, growing at a CAGR of 6.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Monitoring & Therapeutic Devices segment, which is expected to reach US$295.3 Billion by 2030 with a CAGR of 6.3%. The Personal Mobility Devices segment is also set to grow at 7.2% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $83.4 Billion in 2023, and China, forecasted to grow at an impressive 9.1% CAGR to reach $41.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Durable Medical Equipment Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Durable Medical Equipment Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Durable Medical Equipment Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as 3M Company, Abbott Laboratories, Inc., 3M Healthcare Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 537 Featured):

  • 3M Company
  • Abbott Laboratories, Inc.
  • 3M Healthcare Ltd.
  • Accuray, Inc.
  • A-dec, Inc.
  • ACS Diagnostics Inc.
  • Acoma Medical Industry Co., Ltd.
  • Acceletronics, Inc.
  • Accsys Technology, Inc.
  • Accutome, Inc.
  • ADInstruments Pty., Ltd.
  • Advanced Radiation Therapy (AccuBoost)
  • Activeaid, LLC
  • Acare Technology Co., Ltd.
  • Advanced Instrumentations

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Durable Medical Equipment - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • A Prelude to Durable Medical Equipment (DME)
  • Global Market Prospects and Outlook
  • Durable Medical Equipment Market Set to Witness Significant Growth
  • Developed Regions Dominate, Developing to Drive Market Growth
  • Recent Market Activity
  • WORLD BRANDS
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rise in Aging Population Drives Demand for Durable Medical Equipment
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
  • Life Expectancy at Birth in Years of People in Select Countries for 2023E
  • Alarming Levels of Diabetes Incidence Worldwide Drives Demand for Blood Glucose Monitors Market
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • Global Prevalence of Diabetes: Number of Adults Diagnosed with Diabetes (in Million) by Gender for 2019, 2030 and 2045
  • World Diabetes Prevalence (2000-2045P)
  • Diabetes Emerges as One of the Leading Causes of Mortality
  • Diabetes-Related Deaths as % of Total Deaths in Below 60 Years Population by Region: 2023
  • High Prevalence of Respiratory Diseases to Drive Growth of Oxygen Equipment and Nebulizers Market
  • Global Prevalence of COPD by Age Group: Percentage of Men and Women Affected by the Condition
  • Global Household COPD Prevalence by Age Group and by Region: In Percentage
  • Prevalence Percentage of COPD, Asthma, and Allergic Rhinitis for Select Countries: 2023
  • Chronic Disease Management in Developed Countries (2023): Percentage Distribution of Patient Population by Chronic Disease Type in the US, Germany, and UK
  • Personal Mobility Devices: Need for Mobility Drives Market Growth
  • Global Personal Mobility Devices Market Breakdown (in %) by Product Type: 2023
  • Favorable Trends in the Personal Mobility Devices Market Strengthen Market Prospects
  • Wheelchairs: Meeting Mobility Needs of the Elderly & Disabled for Personal, Social, and Professional Fulfillment
  • Global Wheelchairs Market Breakdown by Region/Country (in %): 2023
  • Powered Wheelchairs: Superior Attributes over Manual Wheelchairs Drive Demand
  • High-tech Wheelchairs for Spinal Cord Injury Patients
  • Rising Incidence of Neurological Conditions Drives Market Growth
  • Annual Incidence of Adult-Onset Neurologic Disorders in the US
  • Technologically Advancements Drive Durable Medical Equipment Market
  • AI & IoT: Inescapable Trends for Durable Medical & Remote Monitoring Equipment
  • Connected Devices: Bright Future of Home Patient Care
  • Advances Crystalizing Value Proposition of Durable Medical Equipment
  • Connected Durable Medical Equipment
  • Reimbursement Remains Key Determinant of Health of Durable Medical Equipment
  • Coverage under Medicare
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Durable Medical Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Durable Medical Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Durable Medical Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Monitoring & Therapeutic Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Monitoring & Therapeutic Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Monitoring & Therapeutic Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Personal Mobility Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Personal Mobility Devices by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Personal Mobility Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other Equipment Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Other Equipment Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Other Equipment Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Hospitals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Hospitals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Nursing Homes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Nursing Homes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Nursing Homes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Home Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Home Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Home Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Durable Medical Equipment Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Market Facts & Figures
  • US Durable Medical Equipment Market Share (in %) by Company: 2022 & 2030
  • Monitoring & Therapeutic Devices (Equipment Type) Market Share Analysis (in %) of Leading Players in the US for 2022 & 2030
  • Personal Mobility Devices (Equipment Type) Competitor Revenue Share (in %) in the US: 2022 & 2030
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Analytics
CANADA
JAPAN
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Market Facts & Figures
  • European Durable Medical Equipment Market: Competitor Market Share Scenario (in %) for 2022 & 2030
  • Monitoring & Therapeutic Devices (Equipment Type) Market Share (in %) by Company in Europe: 2022 & 2030
  • Personal Mobility Devices (Equipment Type) Market Share (in %) of Major Players in Europe: 2022 & 2030
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Analytics
FRANCE
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Durable Medical Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 3M Company
  • Abbott Laboratories, Inc.
  • 3M Healthcare Ltd.
  • Accuray, Inc.
  • A-dec, Inc.
  • ACS Diagnostics Inc.
  • Acoma Medical Industry Co., Ltd.
  • Acceletronics, Inc.
  • Accsys Technology, Inc.
  • Accutome, Inc.
  • ADInstruments Pty., Ltd.
  • Advanced Radiation Therapy (AccuBoost)
  • Activeaid, LLC
  • Acare Technology Co., Ltd.
  • Advanced Instrumentations

Table Information