U.S. Durable Medical Equipment Market Registering A CAGR Of 6.0% For The Forecast Period From 2018 To 2025 : Grand View Research Inc.
San Francisco, 8 July 2019: The Report U.S. Durable Medical Equipment Market Analysis Report By Product (Monitoring & Therapeutic Devices, Personal Mobility Devices, Bathroom Safety Devices & Medical Furniture), And Segment Forecasts, 2018 – 2025 The U.S. durable medical equipment market size is expected to reach USD 70.8 billion by 2025 at a 6.0% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Increasing prevalence of chronic diseases requiring long-term care, rapidly growing geriatric population, and increasing penetration of home healthcare services and staff are factors driving demand for durable medical equipment (DME). Chronic disorders such as diabetic foot, pressure ulcers, and cancer require long-term patient care and postoperative recovery. Rising prevalence of such conditions across the country is anticipated to boost the usage of DME. Home healthcare is comparatively more economical than hospital stay. Hence, pati