Durable Medical Equipment Market Size Valued at USD 221.44 Billion in 2023, Projected to Grow at a 6.1% CAGR

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The Durable Medical Equipment Market size is valued at USD 221.44 Bn. in 2023 and is forecast to grow at a CAGR of 6.1% from 2024 to 2030, reaching nearly USD 335.17 Bn.

Durable Medical Equipment Market Report Scope and Research Methodology

The competitive dynamics of the 'Durable Medical Equipment Market' are shaped by factors such as portfolio composition, technology use, financial standing, mergers, acquisitions, and strategic alliances. This report provides a detailed analysis of the 'Durable Medical Equipment market,' with key findings on pricing strategies, investments, expansion initiatives, and the market's physical footprint. The bottom-up method was used to estimate the market size and growth rates, and the report identifies the key drivers, barriers, opportunities, and challenges within the 'Durable Medical Equipment market.'

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All of the data is gathered in raw format and then rigorously filtered so that just the information that is needed is retained. Before being used further, the remaining data is thoroughly verified and its legitimacy (as the source) is examined. We have also gathered and combined the information from our earlier market research studies. Our sizable internal data warehouse contains all of the prior reports. Additionally, the professionals compile trustworthy data from the premium databases. 

Durable Medical Equipment Market Regional Insights

Regional analysis is conducted to assess the status of the Durable Medical Equipment market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Durable Medical Equipment market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.

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Durable Medical Equipment Market Segmentation

By Product

Personal Mobility Devices
Bathroom Safety Devices
Medical Furniture
Monitoring and Therapeutic Devices

By End-User

Hospitals
Nursing Homes
Home Healthcare
Other

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Durable Medical Equipment Market Key Players

  1. Medtronic
    2. Philips Healthcare
    3. ResMed Inc.
    4. Hill-Rom Holdings, Inc.
    5. Stryker Corporation
    6. Becton, Dickinson and Company (BD)
    7. Invacare Corporation
    8. 3M Healthcare
    9. GE Healthcare
    10. Baxter International Inc.
    11. Smith & Nephew
    12. Abbott Laboratories
    13. Johnson & Johnson
    14. Fresenius Medical Care
    15. Cardinal Health, Inc.

Key questions answered in the Durable Medical Equipment Market are:

  • What is Durable Medical Equipment?
  • What was the Durable Medical Equipment market size in 2023?
  • What is the growth rate of the Durable Medical Equipment Market?
  • Which are the factors expected to drive the Durable Medical Equipment market growth?
  • What are the different segments of the Durable Medical Equipment Market?
  • What growth strategies are the players considering to increase their presence in Durable Medical Equipment?
  • What are the upcoming industry applications and trends for the Durable Medical Equipment Market?
  • What segments are covered in the Durable Medical Equipment Market?
  • Who are the leading companies and what are their portfolios in Durable Medical Equipment Market? 
  • What segments are covered in the Durable Medical Equipment Market?
  • Who are the key players in the Durable Medical Equipment market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by Different Segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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