| Product Code: ETC13250432 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Durable Medical Equipment Market was valued at USD 62.1 Billion in 2024 and is expected to reach USD 101.7 Billion by 2031, growing at a compound annual growth rate of 6.34% during the forecast period (2025-2031).
The Global Durable Medical Equipment (DME) Market is experiencing significant growth and is projected to continue expanding due to factors such as the aging population, increasing prevalence of chronic diseases, and advancements in healthcare technology. Durable medical equipment includes devices like wheelchairs, walkers, and hospital beds that aid in patient care and management of medical conditions. The market is driven by the rising demand for home healthcare solutions, as well as the increasing healthcare expenditure globally. North America and Europe dominate the market due to well-established healthcare infrastructure and favorable reimbursement policies. However, the Asia-Pacific region is expected to witness rapid growth, driven by improving healthcare infrastructure and increasing healthcare investments. Key players in the market include Medtronic, Hill-Rom Holdings, Inc., and Invacare Corporation.
The Global Durable Medical Equipment Market is experiencing significant growth due to increasing prevalence of chronic diseases and aging population worldwide. Technological advancements such as the integration of IoT and AI in medical devices are driving market expansion. Additionally, the rising demand for home healthcare services and the emphasis on cost-effective healthcare solutions are creating opportunities for market players. The market is also witnessing a shift towards lightweight and portable devices to enhance patient comfort and mobility. Moreover, the COVID-19 pandemic has further accelerated the adoption of durable medical equipment for remote monitoring and telehealth services. Overall, the market is projected to continue growing, with key opportunities lying in product innovation, strategic partnerships, and expanding market reach in emerging economies.
In the Global Durable Medical Equipment Market, challenges include stringent regulatory requirements, pricing pressures due to reimbursement cuts, and the need for continuous innovation to stay competitive. Market fragmentation and the presence of numerous small to medium-sized players also contribute to intense competition. Additionally, the complexity of insurance coverage and reimbursement policies across different regions poses a challenge for market expansion. Ensuring product quality and compliance with evolving standards further add to the challenges faced by companies in this market. Overall, navigating these obstacles while maintaining profitability and meeting changing customer demands requires strategic planning and a deep understanding of the regulatory landscape in each target market.
The Global Durable Medical Equipment (DME) Market is primarily driven by the increasing prevalence of chronic diseases and disabilities, which has led to a growing demand for supportive medical devices for long-term care. Technological advancements in DME, such as the development of lightweight and portable equipment with advanced features, are also contributing to market growth. Additionally, the aging population worldwide is a significant driver as elderly individuals often require DME for mobility assistance and other healthcare needs. Furthermore, rising healthcare expenditures, expanding healthcare infrastructure, and government initiatives to improve access to medical equipment are fueling the market growth. Overall, the increasing need for personalized and efficient healthcare solutions is propelling the demand for durable medical equipment globally.
Government policies related to the Global Durable Medical Equipment Market vary across countries and regions. In the United States, the Centers for Medicare and Medicaid Services (CMS) sets reimbursement rates for durable medical equipment, which can impact market dynamics. In the European Union, regulations such as the Medical Devices Regulation (MDR) and In-Vitro Diagnostic Medical Devices Regulation (IVDR) govern the sale and marketing of medical devices, including durable equipment. These regulations aim to ensure the safety, quality, and performance of medical devices to protect patients and users. In emerging markets, government policies may focus on improving access to healthcare services, including durable medical equipment, for underserved populations. Overall, government policies play a significant role in shaping the competitive landscape and market opportunities in the Global Durable Medical Equipment Market.
The global durable medical equipment market is expected to witness steady growth in the coming years, driven by factors such as the rising prevalence of chronic diseases, increasing geriatric population, and technological advancements in healthcare devices. The market is projected to expand further due to the growing demand for home healthcare services and the emphasis on reducing healthcare costs through efficient medical equipment. Additionally, the COVID-19 pandemic has underscored the importance of durable medical equipment in managing patients and providing critical care. With ongoing research and development in the healthcare sector and the focus on improving patient outcomes, the durable medical equipment market is likely to experience sustained growth and innovation in the foreseeable future.
In the global durable medical equipment market, Asia is anticipated to witness significant growth due to the increasing healthcare expenditure, rising geriatric population, and improving healthcare infrastructure. North America is expected to maintain a prominent position driven by the high adoption rate of advanced medical technologies and favorable reimbursement policies. Europe is characterized by a strong presence of key market players, stringent regulatory standards, and growing demand for home healthcare devices. The Middle East and Africa region is projected to experience moderate growth, attributed to improving healthcare access and rising awareness about the benefits of durable medical equipment. Latin America is expected to showcase steady growth due to improving healthcare facilities, rising disposable income, and increasing prevalence of chronic diseases driving the demand for durable medical equipment.
Global Durable Medical Equipment Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Durable Medical Equipment Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Durable Medical Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Global Durable Medical Equipment Market - Industry Life Cycle |
3.4 Global Durable Medical Equipment Market - Porter's Five Forces |
3.5 Global Durable Medical Equipment Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Durable Medical Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.7 Global Durable Medical Equipment Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Durable Medical Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Durable Medical Equipment Market Trends |
6 Global Durable Medical Equipment Market, 2021 - 2031 |
6.1 Global Durable Medical Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Durable Medical Equipment Market, Revenues & Volume, By Personal Mobility Devices, 2021 - 2031 |
6.1.3 Global Durable Medical Equipment Market, Revenues & Volume, By Bathroom Safety Devices, 2021 - 2031 |
6.1.4 Global Durable Medical Equipment Market, Revenues & Volume, By Medical Furniture, 2021 - 2031 |
6.1.5 Global Durable Medical Equipment Market, Revenues & Volume, By Monitoring and Therapeutic Devices, 2021 - 2031 |
6.2 Global Durable Medical Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Durable Medical Equipment Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.2.3 Global Durable Medical Equipment Market, Revenues & Volume, By Long-term Care Centers, 2021 - 2031 |
6.2.4 Global Durable Medical Equipment Market, Revenues & Volume, By Ambulatory Surgical Centers, 2021 - 2031 |
6.2.5 Global Durable Medical Equipment Market, Revenues & Volume, By Home Care Settings, 2021 - 2031 |
6.2.6 Global Durable Medical Equipment Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Durable Medical Equipment Market, Overview & Analysis |
7.1 North America Durable Medical Equipment Market Revenues & Volume, 2021 - 2031 |
7.2 North America Durable Medical Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Durable Medical Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
7.4 North America Durable Medical Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Durable Medical Equipment Market, Overview & Analysis |
8.1 Latin America (LATAM) Durable Medical Equipment Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Durable Medical Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Durable Medical Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
8.4 Latin America (LATAM) Durable Medical Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Durable Medical Equipment Market, Overview & Analysis |
9.1 Asia Durable Medical Equipment Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Durable Medical Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Durable Medical Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
9.4 Asia Durable Medical Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Durable Medical Equipment Market, Overview & Analysis |
10.1 Africa Durable Medical Equipment Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Durable Medical Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Durable Medical Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
10.4 Africa Durable Medical Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Durable Medical Equipment Market, Overview & Analysis |
11.1 Europe Durable Medical Equipment Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Durable Medical Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Durable Medical Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
11.4 Europe Durable Medical Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Durable Medical Equipment Market, Overview & Analysis |
12.1 Middle East Durable Medical Equipment Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Durable Medical Equipment Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Durable Medical Equipment Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Durable Medical Equipment Market, Revenues & Volume, By Equipment Type, 2021 - 2031 |
12.4 Middle East Durable Medical Equipment Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Durable Medical Equipment Market Key Performance Indicators |
14 Global Durable Medical Equipment Market - Export/Import By Countries Assessment |
15 Global Durable Medical Equipment Market - Opportunity Assessment |
15.1 Global Durable Medical Equipment Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Durable Medical Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
15.3 Global Durable Medical Equipment Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Durable Medical Equipment Market - Competitive Landscape |
16.1 Global Durable Medical Equipment Market Revenue Share, By Companies, 2024 |
16.2 Global Durable Medical Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |