Global Durable Medical Equipment Strategic Business Report 2023: High Prevalence of Respiratory Diseases to Drive Growth of Oxygen Equipment and Nebulizers

2023-06-17
PRNewswire
DUBLIN, June 16, 2023 /PRNewswire/ -- The "Durable Medical Equipment: Global Strategic Business Report" report has been added to
ResearchAndMarkets.com's offering.
The global market for Durable Medical Equipment estimated at US$207.1 Billion in the year 2022, is projected to reach a revised size of US$363 Billion by 2030, growing at a CAGR of 7.3% over the analysis period 2022-2030.
Monitoring & Therapeutic Devices, one of the segments analyzed in the report, is projected to record a 7.2% CAGR and reach US$295.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Personal Mobility Devices segment is readjusted to a revised 8.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $77.9 Billion, While China is Forecast to Grow at 10.4% CAGR
The Durable Medical Equipment market in the U.S. is estimated at US$77.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$41.1 Billion by the year 2030 trailing a CAGR of 10.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$32.5 Billion by the year 2030.
Select Competitors (Total 537 Featured) -
Koninklijke Philips N.V
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Year 2021 and Beyond
World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2023
COVID-19 Impact on Durable Medical Equipment (DME)
Competition
Durable Medical Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
A Prelude to Durable Medical Equipment (DME)
Global Market Prospects and Outlook
Durable Medical Equipment Market Set to Witness Significant Growth
Developed Regions Dominate, Developing to Drive Market Growth
Recent Market Activity
WORLD BRANDS
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rise in Aging Population Drives Demand for Durable Medical Equipment
Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
Life Expectancy at Birth in Years of People in Select Countries for 2020E
Alarming Levels of Diabetes Incidence Worldwide Drives Demand for Blood Glucose Monitors Market
World Diabetes and Population Statistics (2019, 2030 & 2045)
Global Prevalence of Diabetes: Number of Adults Diagnosed with Diabetes (in Million) by Gender for 2019, 2030 and 2045
World Diabetes Prevalence (2000-2019)
Diabetes Emerges as One of the Leading Causes of Mortality
Diabetes-Related Deaths as % of Total Deaths in Below 60 Years Population by Region: 2019
High Prevalence of Respiratory Diseases to Drive Growth of Oxygen Equipment and Nebulizers Market
Global Prevalence of COPD by Age Group: Percentage of Men and Women Affected by the Condition
Global Household COPD Prevalence by Age Group and by Region: In Percentage
Prevalence Percentage of COPD, Asthma, and Allergic Rhinitis for Select Countries: 2016
Chronic Disease Management in Developed Countries (2019): Percentage Distribution of Patient Population by Chronic Disease Type in the US, Germany, and UK
Personal Mobility Devices: Need for Mobility Drives Market Growth
Global Personal Mobility Devices Market Breakdown (in %) by Product Type: 2021
Favorable Trends in the Personal Mobility Devices Market Strengthen Market Prospects
Wheelchairs: Meeting Mobility Needs of the Elderly & Disabled for Personal, Social, and Professional Fulfillment
Global Wheelchairs Market Breakdown by Region/Country (in %): 2019
Powered Wheelchairs: Superior Attributes over Manual Wheelchairs Drive Demand
High-tech Wheelchairs for Spinal Cord Injury Patients
Rising Incidence of Neurological Conditions Drives Market Growth
Annual Incidence of Adult-Onset Neurologic Disorders in the US
Technologically Advancements Drive Durable Medical Equipment Market
AI & IoT: Inescapable Trends for Durable Medical & Remote Monitoring Equipment
Connected Devices: Bright Future of Home Patient Care
Advances Crystalizing Value Proposition of Durable Medical Equipment
Connected Durable Medical Equipment
Reimbursement Remains Key Determinant of Health of Durable Medical Equipment
Coverage under Medicare
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/c9qrcp
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