Market Research Insights

  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.

  San Francisco, 18 Feb 2022:  The Report  U.S. Durable Medical Equipment Market  Size, Share & Trends Analysis Report By Product Type (Bathroom Safety Devices & Medical Furniture, Monitoring & Therapeutic Devices, Personal Mobility Devices), And Segment Forecasts, 2021 - 2028 The U.S. durable medical equipment market size is expected to reach USD 83.3 billion by 2028, exhibiting a CAGR of 5.8% over the forecast period, according to a new report published by Grand View Research, Inc. The rising prevalence of chronic diseases, growing geriatric population requiring long-term care, and increasing penetration of home healthcare services & staff are the key factors driving the product demand. The demand for DME is projected to witness a rise during the forecast period due to high adoption. The growing aging population and rising shift towards shorter hospital stays are making home healthcare more common. With these trends, a significant number of medical devices, such as pa

  San Francisco, 22 April 2021:   The Report  U.S. Durable Medical Equipment Market  Size, Share & Trends Analysis Report By Product Type (Personal Mobility Devices, Bathroom Safety Devices & Medical Furniture, Monitoring & Therapeutic Devices), And Segment Forecasts, 2021 - 2028 The U.S. durable medical equipment market size is expected to reach USD 84.3 billion by 2028, according to a new report published by Grand View Research, Inc. It is projected to expand at a 6.0% CAGR over the forecast period. The rising prevalence of chronic diseases with the rapidly mounting geriatric population requiring long-term care and increasing penetration of home healthcare services & staff are factors driving the demand for Durable Medical Equipment (DME). The demand for DME is projected to witness a rise during the forecast period, as they are designed per patient acceptance and compliance which boosts its adoption. The aging population and preference for shorter hospital stays are t

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