Durable Medical Equipment Market Size, Share & Trends Analysis Report and Segment Forecast, 2026| Grand View Research, Inc “The global Durable Medical Equipment market size was valued at USD 168.87 billion in 2018 and is expected to witness a CAGR of 6.1% over the forecast period.” The global Durable Medical Equipment (DME) Market size is expected to reach USD 271.0 billion by 2026 registering a CAGR of 6.1%, according to a new report by Grand View Research, Inc. The market is primarily driven by rise in chronic diseases, such as kidney failures and cancer. Moreover, technological advancements along with strong reimbursement scenario will boost the DME market further. For instance, in January 2019, WHILL, Inc., a U.S.-based personal electric vehicle, introduced new technology WHILL autonomous drive at the Consumer Electronic Sow held at the Las Vegas. In the past, Medicare has taken steps to bring reimbursement of DME products in line with other payers. In this direction, in December 2015, the Center for Medicare & Medicare Services (CMS) issued a new rule of prior authorization process for DME, Prosthetics, Orthotics, and Supplies (DMEPOS). The DMEPOS includes the master list of 135 items, which require prior authorization before beneficiary receives an item. In addition, growing geriatric population across the globe is likely to contribute to the industry expansion. People aged 60 years or above are more prone to health issues, such as diabetes, mobility issues, Cardiovascular Diseases (CVDs), and other lifestyle problems. This creates demand for DME products. However, stringent regulatory guidelines in developed economies and lack of skilled professionals may limit the durable medical equipment market growth. Follow Us: To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/durable-medical-equipment-dme-market Further key findings from the study suggest: Personal mobility devices emerged as the largest segment owing to the launch of technologically advanced products with more comfort and portability Nursing homes is anticipated to be the fastest-growing segment over the study period as these facilities offer custodial care like skilled care, such as bathing and dressing Europe led the market with the largest share in 2018 and will witness a steady growth in future on account of the presence of major companies in the region Asia Pacific is expected to register the highest CAGR from 2019 to 2026 owing to the presence of a large target population base and improving healthcare facilities Some of the key companies in the global DME market are Invacare Corporation; ArjoHuntleigh; Stryker Corporation; Hill Rom, Inc.; Drive Medical; GF Health Products, Inc.; Sunrise Medical; Medline Industries, Inc.; and Carex Health Brands, Inc. Grand View Research has segmented the global Durable Medical Equipment (DME) market on the basis of product, end use, and region: DME Product Outlook (Revenue, USD Million, 2015 - 2026) Personal Mobility Devices Follow Us: o Wheelchairs o Scooters o Walker and Rollators o Cranes and Crutches o Door Openers o Other Devices Bathroom Safety Devices and Medical Furniture o Commodes and Toilets o Mattress and Bedding Devices Monitoring and Therapeutic Devices o Blood Sugar Monitors o Continuous Passive Motion (CPM) o Infusion Pumps o Nebulizers o Oxygen Equipment o Continuous Positive Airway Pressure (CPAP) o Suction Pumps o Traction Equipment o Others Equipment DME End Use Outlook (Revenue, USD Million, 2015 - 2026) Hospital Nursing Homes Home Healthcare Other DME Regional Outlook (Revenue, USD Million, 2015 - 2026) North America o U.S. o Canada Europe Follow Us: o Germany o U.K. o France o Italy o Spain Asia Pacific o China o Japan o India o Australia o South Korea Latin America o Brazil o Mexico o Argentina o Colombia Middle East & Africa Follow Us: o South Africa o Saudi Arabia o UAE Table of Content of Durable Medical Equipment Market Chapter 1 Methodology and Scope 1.1 Market segmentation & scope 1.2 Information procurement 1.2.1 Purchased database 1.2.2 GVR’s internal database 1.2.3 Secondary sources & third party perspectives 1.2.4 Primary research 1.3 Information analysis 1.3.1 Data analysis models 1.4 Market formulation & data visualization 1.5 Data validation & publishing Chapter 2 Executive Summary 2.1 Market Outlook 2.2 Segment Outlook 2.3 Competitive Insights Chapter 3 Durable Medical Equipment (DME) Market Variables, Trends & Scope 3.1 Market Lineage outlook 3.1.1 Parent market outlook 3.1.2 Related/ancillary market outlook 3.2 Penetration & Growth Prospect Mapping 3.3 Product Pipeline Analysis, by Stage 3.4 User perspective analysis 3.4.1 Consumer Behavior Analysis 3.4.2 Market Influencer Analysis 3.5 List of Key End-users, by region / by product / by country 3.6 Regulatory Framework 3.6.1 Reimbursement framework 3.6.2 Standards & Compliances 3.7 Market Dynamics Follow Us: 3.7.1 Market Driver Analysis 3.7.1.1 Increasing prevalence of chronic diseases requiring long-term care 3.7.1.2 Growing geriatric population 3.7.1.3 Increasing penetration of home healthcare services and staff 3.7.2 Market Restraint Analysis 3.7.2.1 Performance failure and durability issues of DME 3.7.2.2 Lower remunerations 3.7.3 Industry Challenges 3.7.3.1 Product recalls 3.8 DME: Market Analysis Tools 3.8.1 Industry Analysis - Porter’s 3.8.1.1 Supplier Power: (Low) 3.8.1.2 Buyer Power: (Low) 3.8.1.3 Substitution Threat: (Low) 3.8.1.4 Threat from new entrant: (Moderate) 3.8.1.5 Competitive rivalry: (High) 3.8.2 PESTEL Analysis 3.8.2.1 Political Landscape 3.8.2.2 Environmental Landscape 3.8.2.3 Social Landscape 3.8.2.4 Technology Landscape 3.8.2.5 Legal Landscape 3.8.3 Major Deals & Strategic Alliances Analysis 3.8.3.1 Joint Ventures 3.8.3.2 Mergers & Acquisitions 3.8.3.3 Licensing & Partnership 3.8.3.4 Technology Collaborations 3.8.3.5 Strategic Divestments 3.8.4 Market Entry Strategies Chapter 4 DME Market: Segment Analysis, By Product, 2015 - 2026 (USD Million) 4.1 Definitions & Scope Follow Us: 4.2 Product market share analysis, 2018 & 2026 4.3 Segment Dashboard 4.4 Global DME Market, by Product, 2015 to 2026 4.5 Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the following 4.5.1 Personal Mobility Devices 4.5.1.1 Wheelchairs 4.5.1.2 Scooters 4.5.1.3 Walker and Rollators 4.5.1.4 Cranes and Crutches 4.5.1.5 Door Openers 4.5.1.6 Other Devices 4.5.2 Bathroom Safety Devices And Medical Furniture 4.5.2.1 Commodes and Toilets 4.5.2.2 Mattress & Bedding Devices 4.5.3 Monitoring And Therapeutic Devices 4.5.3.1 Blood Sugar Monitors 4.5.3.2 Continuous Passive Motion (CPM) 4.5.3.3 Infusion Pumps Market 4.5.3.4 Nebulizers 4.5.3.5 Oxygen Equipment 4.5.3.6 Continuous Positive Airway Pressure (CPAP) 4.5.3.7 Suction Pumps 4.5.3.8 Traction Equipment 4.5.3.9 Other Equipment Chapter 5 DME Market: Segment Analysis, By End-use, 2015 - 2026 (USD Million) 5.1 Definitions & Scope 5.2 End-use market share analysis, 2018 & 2026 5.3 Segment Dashboard 5.4 Global DME Market, by End-use, 2015 to 2026 5.5 Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the following 5.5.1 Hospitals Follow Us: 5.5.2 Nursing Homes 5.5.3 Home Healthcare 5.5.4 Other Chapter 6 DME Market: Regional Market Analysis, By product, 2015 - 2026 (USD Million) 6.1 Definitions & Scope 6.2 Regional market share analysis, 2018 & 2026 6.3 Regional Market Dashboard 6.4 Regional Market Snapshot (Market Size, CAGR, Top Verticals, Key Players, Top Trends) 6.5 Regional Market Share and Leading Players, 2018 6.5.1 North America 6.5.2 Europe 6.5.3 Asia Pacific 6.5.4 Latin America 6.5.5 Middle East & Africa 6.6 SWOT Analysis, by Factor (Political & Legal, Economic And Technological) 6.6.1 North America 6.6.2 Europe 6.6.3 Asia Pacific 6.6.4 Latin America 6.6.5 Middle East & Africa 6.7 Market Size, & Forecasts, Value and Trend Analysis, 2018 to 2025: 6.8 North America 6.8.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million) 6.8.2 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.8.3 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.8.4 U.S. 6.8.4.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.8.4.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.8.5 Canada 6.8.5.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.8.5.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) Follow Us: 6.9 Europe 6.9.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million) 6.9.2 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.9.3 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.9.4 Germany 6.9.4.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.9.4.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.9.5 UK 6.9.5.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.9.5.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.9.6 France 6.9.6.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.9.6.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.9.7 Italy 6.9.7.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.9.7.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.9.8 Spain 6.9.8.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.9.8.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.10 Asia Pacific 6.10.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million) 6.10.2 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.10.3 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.10.4 China 6.10.4.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.10.4.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.10.5 Japan 6.10.5.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.10.5.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.10.6 India 6.10.6.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) Follow Us: 6.10.6.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.10.7 Australia 6.10.7.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.10.7.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.10.8 South Korea 6.10.8.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.10.8.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.11 Latin America 6.11.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million) 6.11.2 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.11.3 Market estimates and forecast, by end-user, 2015 - 2026 (USD Million) 6.11.4 Brazil 6.11.4.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.11.4.2 Market estimates and forecast, by end-user, 2015 - 2026 (USD Million) 6.11.5 Mexico 6.11.5.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.11.5.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.11.6 Argentina 6.11.6.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.11.6.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.11.7 Colombia 6.11.7.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.11.7.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.12 Middle East & Africa 6.12.1 Market estimates and forecast, by country, 2015 - 2026 (USD Million) 6.12.2 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.12.3 Market estimates and forecast, by end-user, 2015 - 2026 (USD Million) 6.12.4 South Africa 6.12.4.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.12.4.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.12.5 Saudi Arabia Follow Us: 6.12.5.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.12.5.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) 6.12.6 UAE 6.12.6.1 Market estimates and forecast, by product, 2015 - 2026 (USD Million) 6.12.6.2 Market estimates and forecast, by end-use, 2015 - 2026 (USD Million) Chapter 7 DME Market - Competitive Analysis 7.1 Recent developments & impact analysis, by key market participants 7.2 Company/Competition Categorization (Key innovators, Market leaders, Emerging players) 7.3 Vendor Landscape 7.3.1 List of key distributors and channel partners 7.3.2 Key customers 7.3.3 Key company market share analysis, 2018 7.4 Supplier Ranking 7.5 Key companies profiled 7.5.1 Invacare Corporation 7.5.1.1 Company Overview 7.5.1.2 Financial Performance 7.5.1.3 Product Benchmarking 7.5.1.4 Strategic Initiatives 7.5.2 Sunrise Medical 7.5.2.1 Company Overview 7.5.2.2 Financial Performance 7.5.2.3 Product Benchmarking 7.5.2.4 Strategic Initiatives 7.5.3 ArjoHuntleigh 7.5.3.1 Company Overview 7.5.3.2 Financial Performance 7.5.3.3 Product Benchmarking 7.5.3.4 Strategic Initiatives 7.5.4 Hill-ROM 7.5.4.1 Company Overview Follow Us: 7.5.4.2 Financial Performance 7.5.4.3 Product Benchmarking 7.5.4.4 Strategic Initiatives 7.5.5 Stryker Corporation 7.5.5.1 Company Overview 7.5.5.2 Financial Performance 7.5.5.3 Product Benchmarking 7.5.5.4 Strategic Initiatives 7.5.6 Medline Industries Inc. 7.5.6.1 Company Overview 7.5.6.2 Financial Performance 7.5.6.3 Product Benchmarking 7.5.6.4 Strategic Initiatives 7.5.7 Medical Device Depot, Inc. 7.5.7.1 Company Overview 7.5.7.2 Financial Performance 7.5.7.3 Product Benchmarking 7.5.7.4 Strategic Initiatives 7.5.8 GF Health Products Inc. 7.5.8.1 Company Overview 7.5.8.2 Financial Performance 7.5.8.3 Product Benchmarking 7.5.8.4 Strategic Initiatives 7.5.9 Carex Health Brands 7.5.9.1 Company Overview 7.5.9.2 Financial Performance 7.5.9.3 Product Benchmarking 7.5.9.4 Strategic Initiatives 7.5.10 Standing Steel Ltd. 7.5.10.1 Company Overview 7.5.10.2 Financial Performance Follow Us: 7.5.10.3 Product Benchmarking 7.5.10.4 Strategic Initiatives Chapter 8 KOL Commentary Chapter 9 Recommendations About Us: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: [email protected] For More Information: https://www.grandviewresearch.com Blog: https://healthcareforecastreport.blogspot.com/ Follow Us:
The global durable medical equipment (DME) market size is expected to reach USD 271.0 billion by 2026
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