Health & Safety Industry Today
Durable Medical Equipment Market to Grow to USD 414.05 Billion by 2034, Supported by Advanced Patient-Care Technologies | CAGR 5.8%
Market Overview
The latest market study published by Polaris Market Research titled Durable Medical Equipment Market Size, Share, Trends, Industry Analysis Report By Product (Personal Mobility Device, Bathroom Safety Device, Medical Furniture), By End Use, By Region – Market Forecast, 2025–2034 is designed to provide users with an in-depth understanding of the market. A comprehensive historical analysis of the market is given, along with extensive market forecasts by region/country and subsectors.
The primary objective of this report is to help readers gain insights into Durable Medical Equipment (DME) Market size, trends, sales volume, revenue, historical growth, latest developments, and future outlooks. It offers a qualitative and quantitative analysis of leading participants, expansion plans, geographical regions, and share valuations across all regions.
Durable Medical Equipment (DME) Market Size
The global durable medical equipment market stood at USD 236.13 billion in 2024 and is expected to grow at a CAGR of 5.8% from 2025 to 2034, reaching USD 414.05 billion by 2034.
What Is Aim of This Report?
The global durable medical equipment market encompasses long-lasting medical devices such as wheelchairs, hospital beds, respiratory devices, and monitoring equipment used in healthcare facilities and home care settings.
The purpose of the market research is to get a thorough understanding of the industry's potential and to offer insights that will help businesses make wise decisions. The study is an essential part of the industry analysis that focuses on key dynamics, SWOT analysis, demand-supply scenario, pricing structure, profit margins, production, and value chain analysis. The report analyzes the unique characteristics and behaviors of each segment that assist users in developing targeted marketing strategies that are tailored to the specific needs and preferences of their customers. The study offers a thorough analysis of the Durable Medical Equipment (DME) Market segmentation, including application, product, and service types and several geographic locations.
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Key Applications:
- Includes wheelchairs, hospital beds, respiratory devices, and patient monitoring equipment in hospitals and clinics.
- Used in home healthcare and rehabilitation centers for long-term patient support.
Benefits:
- Improves patient care, comfort, and safety in medical settings.
- Supports mobility, rehabilitation, and enhanced treatment outcomes.
- Ensures durability and reliability for repeated use over long periods.
- Enables healthcare providers to deliver efficient and cost-effective care.
- Contributes to better overall quality of life for patients.
Market Dynamic Factors
This report lists the various actors that have contributed to the market's upward trajectory. In-depth trends and opportunities in the Durable Medical Equipment (DME) Market are highlighted in the analysis. The study report also enables customers to recognize opportunities and difficulties. The research goes on to identify the principal impediments to industry development. Based on the SWOT and Porter's Five Forces models, market dynamics are evaluated, covering the important demand and price variables.
Competitive Landscape Analysis
Another significant portion of this study discusses the competitive landscape of the market. The market's top players are examined in the study. The Durable Medical Equipment (DME) Market key players have been described in terms of their key attributes in the information. The section examines their supply chains, potential for growth, Durable Medical Equipment (DME) Market share, product portfolio, capacity, cost, revenue, capabilities, expansions, investments, mergers and acquisitions, manufacturer advancements, volume, and clientele. Financial and SWOT analysis contribute to a deeper understanding of the market.
Key Players
- ArjoHuntleigh
- Becton, Dickinson and Company
- Carex Health Brands
- GF Health Products Inc.
- Hill-Rom
- Invacare Corporation
- Medline Industries, Inc.
- Medtronic PLC
- Stryker
- Sunrise Medical
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Segment Insights
Durable Medical Equipment Market, Product Outlook (Revenue - USD Billion, 2020-2034)
- Personal Mobility Devices
- Wheelchairs
- Scooters
- Walker and Rollators
- Cranes and Crutches
- Door Openers
- Other Devices
- Bathroom Safety Devices & Medical Furniture
- Commodes and Toilets
- Mattress & Bedding Devices
- Monitoring & 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 Equipment
- Insulin Pumps
- Ostomy Bags & Accessories
- Other
- Others
Durable Medical Equipment Market, End Use Outlook (Revenue - USD Billion, 2020-2034)
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers
- Diagnostic Centers
- Home Healthcare
- Skilled Nursing Facilities
- Others
Regional Analysis
Further, the report goes on to discuss how the Durable Medical Equipment (DME) Market has grown internationally and across various sectors and regions. The regional analysis included in the study provides information at the regional as well as national level by several market segments. Additionally, the study includes information on the origins of raw materials, downstream consumers, and industrial chain analyses. The forecast analysis section includes vital information on global production and revenue projection, as well as regional forecasts.
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The Report Provides You Answer to Below Mentioned Question
Q. What are the durable medical equipment market statistics?
Ans. The global durable medical equipment market was valued at USD 236.13 billion in 2024 and is projected to grow to USD 414.05 billion by 2034.
Q. What is the growth rate of the durable medical equipment market value?
Ans. The global market is projected to register a CAGR of 5.8% during the forecast period.
Q. Which region dominated the global market share in 2024?
Ans. North America dominated the market share in 2024.
Q. Who are the key players in the market?
Ans. Some of the key players include ArjoHuntleigh, Becton, Dickinson and Company, Carex Health Brands, GF Health Products Inc., Hill-Rom, Invacare Corporation, Medline Industries, Inc., Medtronic PLC, Stryker, and Sunrise Medical.
Q. Which segment, by product, dominated the durable medical equipment market revenue share in 2024?
Ans. The monitoring & therapeutic devices segment dominated the market share in 2024.
Q. Which segment, by end use, is expected to witness significant growth during the forecast period?
Ans. The ambulatory surgical center segment is expected to witness significant growth during the forecast period.
Report Summary
Moreover, a new task SWOT analysis, a venture attainability investigation, and a venture return analysis are all determined by the study. Overall, the report promises to be a reliable resource for choosing the market research that can boost your company. The study also includes a development strategy for the industry, research findings, an appendix, and a conclusion. It also highlights the most recent advancements in the Durable Medical Equipment (DME) Market.
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About Polaris Market Research & Consulting, Inc.
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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Polaris Market Research & Consulting, Inc.
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