Durable Medical Equipment Market In US 2024-2028
The durable medical equipment market in us is forecasted to grow by USD 18.63 bn during 2023-2028, accelerating at a CAGR of 5.6% during the forecast period. The report on the durable medical equipment market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing geriatric population, rising number of hospitals, and rising prevalence of neurological diseases.
Technavio's durable medical equipment market in us is segmented as below:
- By Product Type
- Monitoring and therapeutic devices
- Personal mobility devices
- Bathroom safety devices and medical furniture
- By End-user
- Hospitals and clinics
- Home healthcare
- Ambulatory surgical centers
- By Geographical Landscape
- North America
This study identifies the increasing patient preference for at-home medical treatment as one of the prime reasons driving the durable medical equipment market in us growth during the next few years. Also, increasing number of elderly care centers in us and increasing prevalence of chronic diseases in us will lead to sizable demand in the market.
The report on the durable medical equipment market in us covers the following areas:
- Durable Medical Equipment Market in US sizing
- Durable Medical Equipment Market in US forecast
- Durable Medical Equipment Market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading durable medical equipment market in us vendors that include Arjo AB, Baxter International Inc., Becton Dickinson and Co., Cardinal Health Inc., Clear Image Devices LLC, Compass Health Brands, GE Healthcare Technologies Inc., GF Health Products Inc., Hill Rom Holdings Inc., Invacare Corp., Joerns Healthcare LLC, Kaye Products Inc., Medical Device Depot Inc., Medline Industries LP, NewLeaf Health LLC, NOVA Medical Products, SOMA TECH INTL, Stryker Corp., Sunrise Medical LLC, and TZ Medical. Also, the durable medical equipment market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.