Durable Medical Equipment Market Size, Industry Trends, Share and Forecast 2021-2027
The global durable medical equipment market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2021-2027). The speeding up in the rising geriatric population is one of the prime factors affecting and driving the market. According to the information of the United Nations (UN), the aged population, or people above the age of 60, is anticipated to be double by around 2050 and triple by 2100 as it is rising at an increased speed when compared with the younger population. This will further drive the adoption of durable medical equipment to give support to old-age patients while they require it.
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The key players operating in the global durable medical equipment market
had been adopting strategies such as new launches to gain major market share.
For instance, In January 2021, Etac AB. had introduced its Etac Cross 6 that is
considered to be the most adjustable wheelchair amongst the offering of the
company. It also offers the option for readjusting it for better sitting along
with the changing needs.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
·
By Device Type
·
By Payer
·
By End-User
• Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
·
Competitive Landscape- General Electric Co., Johnson & Johnson
Services, Koninklijke Philips, Medtronic and Stryker
A
full Report of Durable Medical Equipment Market is Available at: https://www.omrglobal.com/industry-reports/durable-medical-equipment-market
Global Durable Medical Equipment Market
By Device Type
• Personal Mobility Devices
• Monitoring and Therapeutic Devices
• Bathroom Safety Devices
• Other
By Payer
• Private
• Public
• Other
By End-User
• Hospitals/Clinic
• Ambulatory Surgical Center
• Other
Global Durable Medical Equipment Market by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
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