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Durable Medical Equipment (DME) Market, By Service (Monitoring and Therapeutic Devices, Personal Mobility Devices, and Bathroom Safety Devices and Medical Furniture), End Use, and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2016 – 2027- COVID- 19 Updated
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Published by AnalystView: 01 Jul 2020 | 270563 | In Stock
Related Topics: Blood , Cancer , COVID , Equipment , Healthcare , Home , Medical , Personal

Introduction

REPORT HIGHLIGHT

The Durable Medical Equipment (DME) market is estimated to represent a global market of USD 178.6 billion by 2019 with growth rate of 6.8%.

Market Dynamics

Rising incidences of chronic diseases such as cancer, cardiovascular, neurological and respiratory disorders across the world drive the demand for durable medical equipment. For example, according to the Centers for Disease Control and Prevention (CDC), approximately 630,000 U.S. people (1 in every 4 death) die due to the cardiovascular problem every year. Additionally, as per the International Agency for Research on Cancer, around 14.1 million cancer cases were reported in 2012 and more than 32 million people are living with cancer worldwide.

In addition, strategic acquisitions and partnership with government and healthcare players in order to provide affordable healthcare will support the industry development significantly. For instance, in February 2019, Hill-Rom acquired Mortara Instrument, Inc., a Wisconsin-based medical device manufacturer to increase their medical device product portfolio. However, low reimbursement rates are one of the restraints, pulling back the market growth to some extent. For instance, Medicare, the U.S. government’s official health insurance program, consider only medically required durable equipment for reimbursement purpose.

Types Takeaway

In terms of types, the market is divided into Monitoring and Therapeutic Devices, Personal Mobility Devices, and Bathroom Safety Devices and Medical Furniture. In terms of value, monitoring and therapeutic devices accounted for the highest share of the overall market. This segment has captured more than 87% share of the global market in 2019. This product category is further bifurcated into Blood Glucose Monitors, Continuous Positive Airway Pressure (CPAP), Oxygen Equipment, Infusion Pumps, Continuous Passive Motion (CPM), and others. Estimated CAGR for these products during 2019-2021-2027 range between 6-8%, with the oxygen equipment witnessing the highest growth. Devices such as glucose monitors and CPM has experienced a high level of technological change which has helped this segment to capture the highest share compared to others. Personal mobility segment is further categorized as Scooters, Wheelchairs, Walker and Rollators, and others.

Cumulative effect of COVID-19 Outbreak

The proposed report includes an additional chapter on the impact of COVID 19 on the Durable Medical Equipment (DME) market.This chapter will highlight various factors on how the Covid-19 is affecting this industry, market trends, future outlook and recovery analysis.

Regional Takeaway

Regionally, developed regions such as North America and Europe accounted for the largest share of the global industry. Factors such as increasing obese & geriatric population, increasing demand for regular-monitoring devices by fitness-oriented citizens, and rising demand for independent living are expected to augment the regional growth. On contrary, lack of advancements has resulted in a scarcity of cost-effective medical equipment in developing regions such as Middle East & Africa. At present, there are a limited number of technologically advanced medical devices available, and that too in select pockets of the MEA countries. There is a huge gap between the needs of the consumer and what is available in the MEA market.

Key Vendor Takeaway

The competition in the global market has intensified over a couple of years on account of the entry of various small scale and large scale players. Companies namely Stryker Corporation, Invacare Corporation, Drive Medical, Carex Health Brands, Inc., and Medline Industries are actively engaged in developing innovative and new products. For instance, in February 2019, Invacare Corporation introduced high-active custom wheelchairs belonging to the küschall brand, namely, küschall Champion, küschall K-Series attract, and küschall Advance in the U.S. market to capture large customer base.

The market size and forecast for each segment has been provided for the period 2016 to 2027, considering 2019 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2021 to 2027 for every reported segment.

The years considered for the study are:

Historical Year – 2016 to 2018

Base Year – 2019

Estimated Year – 2020

Projected Year – 2027

The proposed reports analyse and evaluates the COVID-19 impact, and anticipated change on the future market scenario on this industry, by taking into the account the economic, political, technological, and social, parameters.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

DURABLE MEDICAL EQUIPMENT (DME) MARKET, BY TYPES

Monitoring and Therapeutic Devices

Personal Mobility Devices

Bathroom Safety Devices and Medical Furniture

DURABLE MEDICAL EQUIPMENT (DME) MARKET, BY END USE

Home Healthcare

Hospital Settings

Others

DURABLE MEDICAL EQUIPMENT (DME) MARKET, BY REGION

North America

U.S.

Canada

Europe

Germany

France

Rest of Europe

Asia Pacific

India

China

Rest of APAC

Rest of the World

Middle East and Africa

Latin America

Table of Contents
for Durable Medical Equipment (DME) Market, By Service (Monitoring and Therapeutic Devices, Personal Mobility Devices, and Bathroom Safety Devices and Medical Furniture), End Use, and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2016 – 2027- COVID- 19 Updated

  • TABLE OF CONTENT

    1. DURABLE MEDICAL EQUIPMENT (DME) MARKET OVERVIEW

    1.1. Study Scope

    1.2. Assumption and Methodology

    2. EXECUTIVE SUMMARY

    2.1. Key Market Facts

    2.2. Geographical Scenario

    2.3. Companies in the Market

    3. DURABLE MEDICAL EQUIPMENT (DME) KEY MARKET TRENDS

    3.1. Market Drivers

    3.1.1. Impact Analysis of Market Drivers

    3.2. Market Restraints

    3.2.1. Impact Analysis of Market Restraints

    3.3. Market Opportunities

    3.4. Market Future Trends

    4. DURABLE MEDICAL EQUIPMENT (DME) INDUSTRY STUDY

    4.1. Porter’s Analysis

    4.2. Market Attractiveness Analysis

    4.3. Regulatory Framework Analysis

    4.4 DURABLE MEDICAL EQUIPMENT (DME) MARKET: COVID-19 IMPACT ANALYSIS

    4.4.1 Pre-COVID-19 Impact Analysis

    4.4.2 Post-COVID-19 Impact Analysis

    4.4.3 Top Performing Segments

    4.4.4 Marginal Growth Segments

    4.4.5 Top Looser Segments

    4.4.6 Marginal Loss Segments

    5. DURABLE MEDICAL EQUIPMENT (DME) MARKET LANDSCAPE

    5.1. Market Share Analysis

    6. DURABLE MEDICAL EQUIPMENT (DME) MARKET – BY TYPES

    6.1. Overview

    6.2. Monitoring and Therapeutic Devices

    6.2.1. Overview

    6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    6.3. Personal Mobility Devices

    6.3.1. Overview

    6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    6.4. Bathroom Safety Devices and Medical Furniture

    6.4.1. Overview

    6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    7. DURABLE MEDICAL EQUIPMENT (DME) MARKET – BY END USE

    7.1. Overview

    7.2. Home Healthcare

    7.2.1. Overview

    7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    7.3. Hospital Settings

    7.3.1. Overview

    7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    7.4. Others

    7.4.1. Overview

    7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8. DURABLE MEDICAL EQUIPMENT (DME) MARKET– BY GEOGRAPHY

    8.1. Introduction

    8.2. North America

    8.2.1. Overview

    8.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.2.3. U.S.

    8.2.3.1. Overview

    8.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.2.4. Canada

    8.2.4.1. Overview

    8.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.3. Europe

    8.3.1. Overview

    8.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.3.3. France

    8.3.3.1. Overview

    8.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.3.4. Germany

    8.3.4.1. Overview

    8.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.3.5. Rest of Europe

    8.3.5.1. Overview

    8.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.4. Asia Pacific (APAC)

    8.4.1. Overview

    8.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.4.3. China

    8.4.3.1. Overview

    8.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.4.4. India

    8.4.4.1. Overview

    8.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.4.5. Rest of APAC

    8.4.5.1. Overview

    8.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.5. Rest of the World

    8.5.1. Overview

    8.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.5.3. Latin America

    8.5.3.1. Overview

    8.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    8.5.4. Middle East and Africa

    8.5.4.1. Overview

    8.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016-2027, (US$ Billion)

    9. KEY VENDOR ANALYSIS

    9.1. Stryker Corporation

    9.1.1. Company Overview

    9.1.2. SWOT Analysis

    9.1.3. Key Developments

    9.2. Invacare Corporation

    9.2.1. Company Overview

    9.2.2. SWOT Analysis

    9.2.3. Key Developments

    9.3. Drive Medical

    9.3.1. Company Overview

    9.3.2. SWOT Analysis

    9.3.3. Key Developments

    9.4. Carex Health Brands, Inc.

    9.4.1. Company Overview

    9.4.2. SWOT Analysis

    9.4.3. Key Developments

    9.5. Medline Industries

    9.5.1. Company Overview

    9.5.2. SWOT Analysis

    9.5.3. Key Developments

    10. 360 DEGREE ANALYSTVIEW

    11. APPENDIX

    11.1. Research Methodology

    11.2. Abbreviations

    11.3. Disclaimer

    11.4. Contact Us

List Of Tables
in Durable Medical Equipment (DME) Market, By Service (Monitoring and Therapeutic Devices, Personal Mobility Devices, and Bathroom Safety Devices and Medical Furniture), End Use, and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2016 – 2027- COVID- 19 Updated

List of Tables

Table 1 List of Acronyms

Table 2 Key Market Facts, 2016 – 2027

Table 3 Market Drivers: Impact Analysis

Table 4 Market Restraint: Impact Analysis

Table 5 Market Opportunity: Impact Analysis

Table 6 PEST Analysis

Table 7 Porter’s Five Forces Analysis

Table 8 Company Market Share Analysis

Table 9 Global Durable Medical Equipment (DME) Market Analysis, Forecast, and Y-O-Y Growth Rate, 2016 – 2027, (US$ Billion)

Table 10 Durable Medical Equipment (DME) Market, by Types, 2016 – 2027 (USD Billion)

Table 11 Durable Medical Equipment (DME) Market, by End Use, 2016 – 2027 (USD Billion)

Table 12 Durable Medical Equipment (DME) Market, by Geography, 2016 – 2027 (USD Billion)

Table 13 North America Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

Table 14 U.S. Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

Table 15 Canada Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

Table 16 Europe Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

Table 17 France Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

Table 18 Germany Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

Table 19 Asia Pacific Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

Table 20 China Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

Table 21 India Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

Table 22 Latin America Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

Table 23 MEA Durable Medical Equipment (DME) Market, 2016 – 2027 (USD Billion)

List Of Figures, Charts and Diagrams
in Durable Medical Equipment (DME) Market, By Service (Monitoring and Therapeutic Devices, Personal Mobility Devices, and Bathroom Safety Devices and Medical Furniture), End Use, and Geography (NA, EU, APAC, and RoW) – Analysis, Share, Trends, Size, & Forecast From 2016 – 2027- COVID- 19 Updated

List of Figures

Figure 1 Research Methodology

Figure 2 Research Process Flow Chart

Figure 3 Comparative Analysis, by Geography, 2016-2025 (Value %)

Figure 4 Regulatory Framework Analysis

Figure 5 Durable Medical Equipment (DME) Market, by Types, 2016 – 2027 (USD Billion)

Figure 6 Durable Medical Equipment (DME) Market, by End Use, 2016 – 2027 (USD Billion)

Figure 7 Durable Medical Equipment (DME) Market, by Geography, 2016 – 2027 (USD Billion)

Additional Details

Publisher

AnalystView

Publisher Information

AnalystView Market Insights is a market research and consulting firm that adopts a proactive approach to provide the diverse need for accurate and precise market research, custom research, and consulting solutions across geographies and industry verticals. Our company is led by a team of passionate, naturally curious, and strategic thinkers from different industry backgrounds.



These experts are dedicated to creating concrete market data analysis in various industries such as Healthcare, Bulk Chemicals, Semiconductors and Electronics, Foods and Beverages. We strive to develop meaningful and evidence-based research data that helps our clients, empowering organizations and brands of all sizes with strategic analysis, accurate data, and consumer trends.



We aim to be the number one choice for various clients who require credible data to make vital business decisions. We wish to be a trusted and reliable analytics partner to major business organizations.



We understand that critical business decisions can be taken only when verified, authentic information is available. Therefore, our experts work meticulously to provide our clients with the accurate data, so that they need not spend time in verifying it.



It is also our goal to help our clients ignore traditional research methods that require a large amount of capital, manpower, and most important of it all – the time. We know that these factors are precious to a company and always follow the latest research techniques that produce the required result in a short span of time.

Reference

270563 | AV179

Number of Pages

206

Report Format

PDF

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This report is published by AnalystView

AnalystView Market Insights is a market research and consulting firm that adopts a proactive approach to provide the diverse need for accurate and precise market research, custom research, and consulting solutions across geographies and industry verticals. Our company is led by a team of passionate, naturally curious, and strategic thinkers from different industry backgrounds.

These experts are dedicated to creating concrete market data analysis in various industries such as Healthcare, Bulk Chemicals, Semiconductors and Electronics, Foods and Beverages. We strive to develop meaningful and evidence-based research data that helps our clients, empowering organizations and brands of all sizes with strategic analysis, accurate data, and consumer trends.

We aim to be the number one choice for various clients who require credible data to make vital business decisions. We wish to be a trusted and reliable analytics partner to major business organizations.

We understand that critical business decisions can be taken only when verified, authentic information is available. Therefore, our experts work meticulously to provide our clients with the accurate data, so that they need not spend time in verifying it.

It is also our goal to help our clients ignore traditional research methods that require a large amount of capital, manpower, and most important of it all – the time. We know that these factors are precious to a company and always follow the latest research techniques that produce the required result in a short span of time.

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