Global Durable Home Medical Equipment Market Growth (Status and Outlook) 2023-2029

Global Durable Home Medical Equipment Market Growth (Status and Outlook) 2023-2029

The global Durable Home Medical Equipment market size is projected to grow from US$ 23630 million in 2022 to US$ 36050 million in 2029; it is expected to grow at a CAGR of 6.2% from 2023 to 2029.

Durable home medical equipment encompasses a wide range of devices that enable individuals with medical conditions or disabilities to receive care, manage their conditions, and maintain independence at home. From mobility aids to respiratory equipment, these devices have a significant impact on the well-being of patients and the ease of caregiving. Regulatory standards and accessibility factors influence the availability and usage of these devices, with the aim of ensuring safety and effectiveness for individuals in need.

Durable Home Medical Equipment (HME) refers to a wide range of medical devices and equipment designed for use in a home setting to support individuals with medical conditions or disabilities. These products are intended to provide assistance, improve mobility, enhance independence, and facilitate the management of medical conditions at home.

LPI (LP Information)' newest research report, the “Durable Home Medical Equipment Industry Forecast” looks at past sales and reviews total world Durable Home Medical Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Durable Home Medical Equipment sales for 2023 through 2029. With Durable Home Medical Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Durable Home Medical Equipment industry.

This Insight Report provides a comprehensive analysis of the global Durable Home Medical Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Durable Home Medical Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Durable Home Medical Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Durable Home Medical Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Durable Home Medical Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Durable Home Medical Equipment market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Mobility Aids
Home Respiratory Equipment
Patient Lifts and Transfer Aids
Diabetes Management Equipment
Other

Segmentation by application
Retail Pharmacies
Hospital Pharmacies
Online

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Medtronic
Roche
Lifescan
Ottobock
Invacare
Omron
Abbott Laboratories
Enovis
Ascensia
Permobil Corp
Ossur
Yuwell
SANNUO
A&D Company
Microlife
Medline Industries
Drive DeVilbiss Healthcare
Cardinal Health
Sunrise Medical
Compass Health
Pride Mobility

Please note: The report will take approximately 2 business days to prepare and deliver.