Durable Medical Equipment Market Size, Share, Growth 2023

The Durable Medical Equipment Market Research Report 2023 offers a thorough examination and insights into the market's size, shares, revenues, various segments, drivers, trends, growth, and development, as well as its limiting factors and local industrial presence. A thorough understanding of the Healthcare sector and its commercial potential is the aim of the market study. The Durable Medical Equipment Market Report has 100+ pages and has a detailed table of contents, a list of data, tables, and charts, along with an in-depth analysis.

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Projected market size and growth rate of the Durable Medical Equipment Market

In August 2021, Invacare Corporation launched the Invacare® AVIVA® STORM RX™ power wheelchair, for rear-wheel drive power mobility. With this launch, the company extended its product portfolio.In December 2020, AireHealth received FDA 510(k) approval for its connected nebulizer, VitalMed, for patients suffering with respiratory conditions. The approval of this device is expected to offer affordable treatments, early detection, and easy symptom tracking of various respiratory conditions.

Who are the Major Durable Medical Equipment Market Vendors?

The report will include the profiles of key players such as Cardinal Health, Sunrise Medical, GF HEALTH PRODUCTS, INC., Abbott, BD (Becton, Dickinson and Company), Stryker, OMRON Corporation, Invacare Corporation., Dexcom, Inc., Cheelcare Canada, and others.

Highlights of the Report:

Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research.

The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

Durable Medical Equipment Market Growth Drivers :

The rise in various chronic disorders such as diabetes, respiratory disorders, and cancer, among others is also anticipated to bolster the market growth for durable medical equipment. This is because these pieces of equipment are used for the proper care and management of these diseases.For instance, according to the statistics published by the International Diabetes Federation in 2021, an estimated 537 million adults between 20 and 79 years old were living with diabetes. In addition, the organization projected the number of people living with diabetes to increase to 643 million and 783 million by the years 2030 and 2045, respectively.For adequate and proper management of diabetes companies are launching advanced glucose monitoring products, which are considered as durable medical equipment. Recently, in July 2021, Terumo Corporation launched the continuous glucose monitoring (CGM) system, Dexcom G6 in Japan.

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