Global Durable Medical Equipment (DME) Market Set for a Positive Growth Forecast at CAGR of 6.7% till 2025
Bharat Book Bureau Provides the Trending Market Research Report on“Global Durable Medical Equipment (DME) Market, Forecast to 2025” underLife Sciences category. The report provides information on industry overview, market size, latest developments, industry trends,Key Manufacturers, global presence, and their future prospects.
Global Durable Medical Equipment (DME) Market industry valued approximately USD 140 billion in 2016 is anticipated to grow with a healthy growth rate of more than 6.7% over the forecast period 2017-2025. Durable Medical Equipment (DME) are indented for safety, monitoring, and diagnosis of disease and are used in variety of applications. Some of the major growth driving factors are increasing demand for powered wheelchair and technological advancement.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
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Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
- Personal mobility devices
Walker and rollators
Canes and crutches
- Bathroom Safety Devices and Medical Furniture
Commodes and toilets
Mattress and bedding Devices
- Monitoring & Therapeutic Devices
Blood Sugar Monitor
-Long Term Care Center
-Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are; ArjoHuntleigh, Sunrise Medical, Hill-Rom, Stryker, Medline Industries, Inc., Medical Device Depot, Inc., GF HEALTH PRODUCTS INC., Carex Health Brands. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of theDurable Medical Equipment Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
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