English Extended Distribution iCN Internal Distribution Press Release Research Newswire Wire

Durable Medical Equipment Size Expected to Reach USD $ 342.8 Billion in 2030 3,19,982 Million with CAGR of 6.15.50 % by 2030 – IndustryARC

Durable Medical Equipment Size Expected to Reach USD $ 342.8 Billion in 2030 with CAGR of 6.1% by 2030 – IndustryARC

Durable Medical Equipment (DME) market is a vital component of the healthcare industry, encompassing a wide range of products and devices designed to assist patients in their daily lives and manage various medical conditions. These items are intended for long-term use and play a crucial role in enhancing the quality of life for patients with chronic illnesses, disabilities, or those recovering from injuries or surgeries.

The Durable Medical Equipment Market size was valued at USD 213.5 Billion in 2022, and it is expected to reach USD 342.8 Billion in 2030 growing at a compound annual growth rate (CAGR) of 6.1% from 2023 to 2030.

Durable medical equipment (DME) market refers to the sector of the healthcare industry that involves the production, distribution, and use of medical devices and equipment that are designed for long-term use by patients. These products are typically prescribed by healthcare professionals to assist in the treatment and management of various medical conditions and disabilities.

Durable medical equipment includes a wide range of products, such as mobility aids (wheelchairs, crutches, walkers), medical beds, respiratory devices (oxygen concentrators, ventilators), monitoring devices (blood pressure monitors, glucose meters), prosthetics, orthotics, and other assistive devices. These products are intended to enhance the quality of life, improve mobility, provide therapeutic benefits, and support the independent living of patients with chronic illnesses, disabilities, or recovering from surgeries.

The market for durable medical equipment has been growing steadily due to several factors, including the aging population, increasing prevalence of chronic diseases, technological advancements in medical devices, and rising healthcare expenditures. As the demand for home-based healthcare Supplies and personalized care increases, the need for durable medical equipment also rises.

Durable Medical Equipment Market Current and Future Trends

Durable Medical Equipment Market is a condition characterized by the inflammation or irritation of a tendon, which is the thick cord that attaches muscles to bones. The treatment of tendonitis typically involves both conservative and medical approaches. Here are some trends and developments in the treatment of tendonitis

Growing Aging Population: The global population is aging, leading to an increased demand for healthcare services, including DME. As the elderly population expands, there is a higher need for durable medical equipment such as mobility aids, respiratory devices, and home care equipment.

Technological Advancements: The DME market has been witnessing significant technological advancements. Innovations such as wearable devices, remote patient monitoring systems, smart medical devices, and advanced prosthetics have improved the quality of care and patient outcomes. These technological advancements have also led to the development of more efficient and user-friendly DME products.

Increasing Home Healthcare: There has been a rising trend towards home-based healthcare services. Patients prefer to receive medical care in the comfort of their own homes, leading to an increased demand for DME that enables home healthcare. This includes equipment like home infusion therapy devices, portable oxygen concentrators, and patient monitoring systems.

Increasing Healthcare Expenditure: Rising healthcare expenditure, particularly in developing countries, is contributing to the growth of the DME market. As governments and private healthcare providers invest more in healthcare infrastructure and services, the demand for durable medical equipment is expected to increase.

Browse Table of Contents of the Full Report:

 https://www.industryarc.com/Research/durable-medical-equipment-market-research-800065

Durable Medical Equipment Market Report – Scope:

The Durable Medical Equipment Market has been segmented by Type, Treatment, Condition, and geography. The report provides insights into the market dynamics, including market drivers and challenges.

Durable Medical Equipment Market Report analyzes market trends, key players, and growth opportunities in the Durable Medical Equipment Market.

The competitive landscape section features company profiles of major players such as Medtronic and Johnson & Johnson. This report is a valuable source of guidance and direction for companies and individuals interested in the market.

Request a sample for the report:

 https://www.industryarc.com/pdfdownload.php?id=800065

The top 10 players in the Tendonitis Treatment industry are:

  1. Medtronic
  2. Johnson & Johnson
  3. Philips Healthcare
  4. GE Healthcare
  5. Baxter International
  6. Siemens Healthineers
  7. Becton, Dickinson and Company (BD)
  8. 3M Health Care
  9. Stryker Corporation
  10. Cardinal Health

Follow the Link to Buy the latest Market Study on Durable Medical Equipment Marke:

 https://www.industryarc.com/purchasereport.php?id=800065

Browse More Trending Reports related to Durable Medical Equipment Marke By IndustryARC

Keloid Treatment Market was valued at $3,537 million in 2020, and is anticipated to grow at a CAGR of 6.2% during the forecast period 2021-2026.

Angiosarcomas Treatment Market Size is estimated to reach $970.4 million by 2027. Furthermore, it is poised to grow at a CAGR of 5.9% over the forecast period of 2022-2027.

Why Choose IndustryARC?

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.

Contact Us:

Mr. Venkat Reddy

IndustryARC

Email: [email protected]

USA: (+1) 518-282-4727

Web: https://www.industryarc.com

Follow us on: LinkedIn | Facebook | Twitter

Tags: , , , , , ,

See Campaign: https://www.industryarc.com/

Contact Information:

Mr. Venkat Reddy IndustryARC Email: [email protected] USA: (+1) 518-282-4727


Tags:
BNN, iCN Internal Distribution, Extended Distribution, Wire, Research Newswire, English