Durable Medical Equipment Market Growth, Overview with Detailed Analysis 2023-2029 | by MMR
Durable Medical Equipment Market Overview:
MMR has published a comprehensive Market Report on the Global Durable Medical Equipment Industry, providing valuable insights into future product demand. The report includes in-depth details about market size, growth factors, statistics, leading players, and a comprehensive regional and national Durable Medical Equipment market scenario. The aim of the report is to assist clients in understanding the dynamics of the industry.
Durable Medical Equipment Market Values:
- 2022 Market Value: USD 208.71 Billion
- 2029 Market Value: USD 315.90 Billion
- CAGR : 6.1 %
- Forecast Period : 2023-2029
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Durable Medical Equipment Market Research Methodology
The report utilizes primary and secondary research, segmentation, and various forecasting approaches to provide comprehensive insights into sales, revenue, product types, applications, and leading players of the global Durable Medical Equipment Industry. It employs SVOR analysis to estimate new opportunities, strengths, and risks, while PESTEL analysis examines micro and macroeconomic factors. Furthermore, PORTER’s 5 forces are used to analyze key players and Durable Medical Equipment market competition. The aim of the report is to offer valuable information for clients seeking a deep understanding of the industry’s dynamics.
Durable Medical Equipment Market Regional Insights:
The report provides a comparative explanation of factors such as market size, growth rate of the Durable Medical Equipment industry, and import-export activities across listed regions: North America, Europe, Asia Pacific, South America, the Middle East, and Africa. This information offers valuable insights into the regional dynamics and allows clients to understand the varying market scenarios across different geographical areas.
Durable Medical Equipment Market Segment Analysis :
The Durable Medical Equipment Market is divided into two categories: traditional and technologically advanced. With a market share of more than 55%, the traditional segment is the largest segment of the DME market. Walkers, wheelchairs, and oxygen concentrators are examples of products that have been in use for many years. The technologically advanced segment is the second largest, accounting for more than 45% of the market.
The Durable Medical Equipment Market is divided into three product categories: mobility aids, medical supplies, and others. With a market share of more than 35%, mobility aids are the largest segment of the DME market. Products in this category include walkers, wheelchairs, and scooters. The medical supplies segment is the second largest, accounting for more than 30% of the market.
by Technology
Traditional
Technologically advanced
by Product Type
Mobility aids
Medical supplies
Other
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Major Players Durable Medical Equipment Market :
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.
16. Zimmer Biomet Holdings, Inc.
17. Boston Scientific Corporation
18. Siemens Healthineers
19. Teleflex Incorporated
20. Halyard Health, Inc.
Key Offerings:
Market Size, Share, Size & Forecast by different segments | 2022−2029
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
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 players
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
Key questions answered in Durable Medical Equipment Market are:
Who held the largest market share in the Durable Medical Equipment Market?
What is the demand pattern for the Durable Medical Equipment Market?
What are the opportunities for the Durable Medical Equipment Market?
What are the strategies used by competitors in the Durable Medical Equipment Market?
What are the growth prospects in developing countries for the Durable Medical Equipment Market?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company covering various industries. Their expertise includes 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. They 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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