Durable Medical Equipment Market Size, Top Players, and Forecast by 2031
Durable Medical Equipment Market: Size and Share
-
CAGR (2023 - 2031)5.3% -
Market Size 2021
US$ 203901.18 Million -
Market Size 2031
US$ 339107.30 Million
Market Dynamics
- Rising incidences of chronic diseases in developed and emerging economies to drive growth of market
- Increase in road accidents to support demand for durable medical equipment
- Rental durable medical equipments to open new avenues for companies
Market Segmentation
Device Type - Personal Mobility Devices
- Monitoring & Therapeutic Devices
End User - Hospitals & Clinics
- Ambulatory Care Centers
- Home Healthcare
Durable Medical Equipment Market Players Density: Understanding Its Impact on Business Dynamics
The Durable Medical Equipment Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Durable Medical Equipment Market are:
- Invacare Corporation
- Medtronic
- BD
- Hillrom Services Inc
- Medical Depot, Inc
- GF HEALTH PRODUCTS, INC.
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Durable Medical Equipment Market top key players overview
Get Free Sample For