U.S. Durable Medical Equipment Market To Witness A Significant Growth Of USD 92.9 Billion By 2030
San Francisco, 24 Feb 2023: The Report U.S. Durable Medical Equipment Market Size, Share & Trends Analysis Report By Product (Monitoring And Therapeutic Devices, Personal Mobility Devices), And Segment Forecasts, 2023 - 2030 The U.S. durable medical equipment market size is expected to reach USD 92.9 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 5.7% from 2023 to 2030. The rising prevalence of chronic diseases and increasing penetration of home healthcare services and staff are the key factors driving the product demand. The demand for durable medical equipment (DME) is projected to witness a rise during the forecast period due to high adoption. The COVID-19 pandemic has disrupted the transportation and supply chain of the DME market due to the restrictions imposed by the government. As the demand for the equipment increases for medical purposes to fight against COVID-19, the supply of the product also increases.