Durable medical equipment provide therapeutic benefits to a patients who are in need because of any medical condition. The durable medical equipment are mostly used for the patients suffering from mobility where these equipment help patients in daily living activities such as feeding, grooming, bathing and others also these are not intended for non-medical use. Medical professionals recommend these devices according to condition of the patient.MARKET DYNAMICS
The durable medical equipment market are expected to grow due to factors such as increasing incidences of ophthalmic aliments and neurological conditions, development in medical equipment technologies, increase in geriatric population, increase in prevalence to chronic diseases, rise in number of accident disability and others. While lack of skilled professionals for these equipment is expected to hamper the market growth.MARKET SCOPE
The "Global Durable Medical Equipment Market Analysis to 2027" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of durable medical equipment market with detailed market segmentation by device type, end user and geography. The global durable medical equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading durable medical equipment market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
The global durable medical equipment market is segmented on the basis of device type and end user. Based on device type, the market is segmented as personal mobility devices and monitoring and therapeutic devices. On the basis of end user, the durable medical equipment market is segmented into hospitals, nursing homes, home healthcare and others.REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global durable medical equipment market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The durable medical equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting durable medical equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the durable medical equipment market in these regions.MARKET PLAYERS
The reports cover key developments in the durable medical equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from durable medical equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for durable medical equipment in the global market. Below mentioned is the list of few companies engaged in the durable medical equipment market.
The report also includes the profiles of key durable medical equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Hillrom Services Inc.
- Medical Depot, Inc.
- GF HEALTH PRODUCTS, INC.
- Sunrise Medical LLC
- Medline Industries, Inc.
- Compass Health Brands
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.