Global Durable Medical Equipment (DME) Market Size & Trends Report Segmented by Product (Personal Mobility Devices, Monitoring and Therapeutic Devices), Distribution Channel (Retail, E-commerce), End User (Hospitals, Nursing Homes, ASCs) & Regional Forecasts to 2029
The global durable medical equipment (DME) market is set to witness a growth rate of 5-7% in the next 5 years. Increasing aging population, rise in chronic diseases; advancements in DME technology; growing shift toward home healthcare; government support in designing favourable reimbursement policies; are some of the key factors driving the durable medical equipment market. To learn more about the research report, download a sample report.
Report Overview
Durable medical equipment (DME) includes medical devices and supplies designed to aid individuals with chronic illnesses, disabilities, or mobility challenges. Common DME items include wheelchairs, oxygen tanks, hospital beds, walkers, and monitoring devices, all built for extended use in home or clinical settings. DME is essential for improving patient independence and quality of life, particularly for those requiring long-term care or rehabilitation. These items are often covered by insurance under certain conditions, making them more accessible. DME also contributes to reduced hospital readmissions by facilitating home-based care and remote patient monitoring, lowering healthcare costs overall.
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Increasing aging population and rise in chronic diseases to propel market demand
The increasing aging population and rise in chronic diseases significantly drive the DME market. Older adults are more susceptible to chronic conditions such as diabetes, cardiovascular diseases, and respiratory issues, which require ongoing care and specialized equipment. DME like wheelchairs, oxygen concentrators, and hospital beds supports patients' mobility, safety, and comfort, particularly in home healthcare settings. As chronic disease rates rise, particularly among the elderly, the need for long-term DME solutions grows. Additionally, insurance coverage for DME in chronic care further boosts accessibility and demand, making it a vital component of healthcare infrastructure globally.
Growing shift toward home healthcare is driving the market growth
In orthopedic surgeries, especially for joint replacements and spinal procedures, precise alignment is crucial to improving patient outcomes and reducing complications. Durable medical equipment provides real-time 3D imaging and guidance, enabling surgeons to accurately place implants and perform complex reconstructions. In neurosurgery, these systems are critical for navigating delicate brain and spinal structures, helping avoid vital areas while enhancing precision during tumor removals, biopsies, and other intricate procedures. As the demand for high-precision surgeries increases in these fields, healthcare providers are increasingly adopting navigation technologies to improve surgical accuracy, reduce risks, and enhance recovery, driving growth in the durable medical equipment market.
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Competitive Landscape Analysis
The global durable medical equipment market is marked by the presence of established and emerging market players such as Invacare Corporation, Stryker, Baxter International (Hill-Rom Holdings), Arjo, Medline Industries, Inc., Sunrise Medical, Drive Devilbiss Healthcare, Carex, Permobil, and GF Health Products, Inc.; among others. Some of the key strategies adopted by market players include new product development, strategic partnerships and collaborations, and geographic expansion.
Report Scope
Report Scope | Details |
Base Year Considered | 2023 |
Historical Data | 2022 - 2023 |
Forecast Period | 2024 - 2029 |
Growth Rate | CAGR of 5-7% |
Market Drivers |
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Attractive Opportunities |
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Segment Scope | Product, Distribution Channel, End User |
Regional Scope |
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Key Companies Mapped | Invacare Corporation, Stryker, Baxter International (Hill-Rom Holdings), Arjo, Medline Industries, Inc., Sunrise Medical, Drive Devilbiss Healthcare, Carex, Permobil, and GF Health Products, Inc. among others |
Report Highlights | Market Size & Forecast, Growth Drivers & Restraints, Trends, Competitive Analysis |
Market Segmentation
This report by Medi-Tech Insights provides the size of the global durable medical equipment market at the regional- and country-level from 2022 to 2029. The report further segments the market based on product, distribution channel, and end user.
- Market Size & Forecast (2022-2029), By Product, USD Million
- Personal Mobility Devices
- Wheelchairs
- Scooters
- Walker and Rollators
- Canes and Crutches
- Door Openers
- Other Personal Mobility Devices
- Bathroom Safety Devices and Medical Furniture
- Commodes, Toilets and Toilet Safety Frames
- Shower Chairs
- Mattress & Bedding Devices
- Other Bathroom Safety Devices and Medical Furniture
- Monitoring and Therapeutic Devices
- Blood sugar monitors
- Continuous passive motion (CPM)
- Infusion pumps market
- Nebulizers
- Oxygen equipment
- Continuous Positive Airway Pressure (CPAP)
- Suction pumps
- Traction equipment
- Other Monitoring and Therapeutic Devices
- Personal Care Devices
- Home dialysis equipment
- Continence care
- Oxygen concentrators
- Other Personal Care Devices
- Hospital Beds and Accessories
- Adjustable beds
- Patient lifts
- Support Surfaces
- Other Hospital Beds and Accessories
- Others
- Personal Mobility Devices
- Market Size & Forecast (2022-2029), By Distribution Channel, USD Million
- Hospital Supply Chains
- Specialty Medical Equipment Stores
- Retail and E-commerce Platforms
- Others
- Market Size & Forecast (2022-2029), By End User, USD Million
- Hospitals and Clinics
- Nursing Homes
- Home Healthcare Settings
- Long-Term Care Facilities
- Ambulatory Surgical Centers (ASCs)
- Others
- Market Size & Forecast (2022-2029), By Region, USD Million
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Latin America
- Middle East & Africa
- North America
Key Strategic Questions Addressed
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What is the market size & forecast of the durable medical equipment market?
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What are historical, present, and forecasted market shares and growth rates of various segments and sub-segments of the durable medical equipment market?
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What are the key trends defining the market?
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What are the major factors impacting the market?
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What are the opportunities prevailing in the market?
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Which region has the highest share in the global market?
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Which region is expected to witness the highest growth rate in the next 5 years?
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Who are the major players operating in the market?
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What are the key strategies adopted by players?
The study has been compiled based on extensive primary and secondary research.
Secondary Research (Indicative List)
Primary Research
To validate research findings (market size & forecasts, market segmentation, market dynamics, competitive landscape, key industry trends, etc.), extensive primary interviews were conducted with both supply and demand-side stakeholders.
Supply Side Stakeholders:
- Senior Management Level: CEOs, Presidents, Vice-Presidents, Directors, Chief Technology Officers, Chief Commercial Officers
- Mid-Management Level: Product Managers, Sales Managers, Brand Managers, R&D Managers, Business Development Managers, Consultants
Demand Side Stakeholders:
- Stakeholders from Hospitals and Clinics; Nursing Homes; Home Healthcare Settings; Long-Term Care Facilities; Ambulatory Surgical Centers (ASCs); and Others
Breakdown of Primary Interviews
Market Size Estimation
Both ‘Top-Down & Bottom-Up Approaches’ were used to derive market size estimates and forecasts
Data Triangulation
Research findings derived through secondary sources & internal analysis was validated with Primary Interviews, Internal Knowledge Repository and Company’s Sales Data