Global Durable Medical Equipment Market is Expected to Reach US$228.65 mn by the end of 2025
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Global Durable Medical Equipment (DME) Market: Scope and Methodology
This report on the global durable medical equipment (DME) market analyzes the current and future prospects of the market. The report comprises an elaborate executive summary, including a market snapshot that provides overall information of various segments and sub-segments.
The research is a combination of primary and secondary research. Primary research formed the bulk of our research efforts along with information collected from telephonic interviews and interactions via e-mails. Secondary research involved study of company websites, annual reports, press releases, stock analysis presentations, and various international and national databases. The report provides market size in terms of US$ Mn for each segment for the period from 2015 to 2025, considering the macro and micro environmental factors. Growth rates in terms of % CAGR from 2017 to 2025 for each segment within the global durable medical equipment (DME) market have been determined after a thorough analysis of past trends, demographics, future trends, technological developments, and regulatory requirements.
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A detailed qualitative analysis of factors responsible for driving and restraining market growth and future opportunities has been provided in the market overview section. This section of the report also includes market attractiveness analysis that provides a thorough analysis of the overall competitive scenario in the global durable medical equipment (DME) market.
Market revenue in terms of US$ Mn for the period between 2015 and 2025 along with the compound annual growth rate (CAGR %) from 2017 to 2025 are provided for all the segments, considering 2015 as the base year. Market size estimations involved in-depth study of services and product and features of different types of products. Additionally, market related factors such as increase in prevalence of cancer and rare diseases, rise in demand for regenerative and cell-based therapies and historical year-on-year growth have been taken into consideration while estimating the market size.
Durable Medical Equipment (DME) Market: Segmentation
The durable medical equipment (DME) market has been segmented into three categories, namely by equipment, by end-user and by region. Based on equipment type the market is segmented into personal mobility devices (wheelchairs, crutches & canes, walkers, and others), medical furniture (medical beds, mattress, stretchers, lift chairs, and others), bathroom safety devices (commodes, toilet rails/frames, and others), and monitoring & therapeutic devices (blood glucose monitors, oxygen equipment, vital sign monitors, infusion pumps, and others). While on the basis of end-users, the market is classified into hospitals, long-term care centers, ambulatory surgical centers, home care settings, and others.
Durable Medical Equipment (DME) Market: Geographical and Competitive Dynamics
Geographically, the global durable medical equipment (DME) market has been segmented into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In addition, the regions have been further segmented by major countries from each region. These include the U.S., Canada, the U.K., Germany, France, Italy, Spain, China, Japan, India, Australia and New Zealand, GCC Countries, Saudi Arabia, Brazil, and Mexico.
Table of Content
1. Preface
1.1 Report Scope and Market Segmentation
1.2 Research Highlights
2. Assumptions and Research Methodology
2.1 Assumptions and Acronyms Used
2.2 Research Methodology
3. Executive Summary
3.1 Global Durable Medical Equipment (DME) Market Revenue Split, By Equipment Type (2016)
3.2 Global Durable Medical Equipment (DME) Market Revenue Split, By End User (2016)
3.3 Global Durable Medical Equipment (DME) Market Revenue Split, By Region (2016)
4. Market Overview
4.1 Overview
4.2 Key Industry Developments
4.3 Key indicator: Increase in Demand for Personal Mobility Devices in Elderly
4.4 Key indicator: Rising Incidences of Osteoporosis and Rheumatoid Arthritis
4.5 Key indicator: Rising Incidences of Osteoporosis and Rheumatoid Arthritis
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5. Market Dynamic
5.1 Drivers
5.1.1 Rising number of people with one or more disabilities
5.1.2 Increase in private funding for the manufacture of monitoring and therapeutic devices
5.1.3 Rising government initiatives in preventive health care programs
5.1.4 Surge in demand for monitoring and therapeutic devices
5.1.5 Miniaturization of blood pressure monitoring instruments & acceptance of durable medical equipment in home care settings
5.2 Restrains
5.2.1 Clinical validation of instruments and periodic calibration
5.2.2 Digitized products and low acceptance of digitally advanced products due to social stigma
5.2.3 Lack of skilled personnel and shortage of facilities
5.3 Opportunities
5.3.1 Amplification of distribution network in emerging markets
5.3.2 Adoption of cloud-based systems by health care organization, hospitals, and home care settings
5.4 Porter’s Five Forces Analysis
5.5 Value Chain Analysis
5.6 Reimbursement Scenario
5.7 Medical Device Evolution
5.8 Technological Advancement
5.9 Reimbursement Scenario: Region-wise
5.10 Major Patents Filed: 2014 to 2017 (BP Monitor Devices)
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