Durable Medical Equipment Market Demand, Growth, Revenue and Opportunities

Durable Medical Equipment Market Growth, Size, Trends Analysis - By Product, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

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Published: May-2025	Report ID: HLCA25151	Pages: 1 - 222	Formats^*:
Category : Healthcare

Durable Medical Equipment Market Introduction and Overview

According to SPER Market Research, the Global Durable Medical Equipment Market is estimated to reach USD 427.67 billion by 2034 with a CAGR of 6.17%.

The report includes an in-depth analysis of the Global Durable Medical Equipment Market, including market size and trends, product mix, Applications, and supplier analysis. The global durable medical equipment market was valued at USD 235.01 billion in 2024, and it is expected to increase at a compound annual growth rate (CAGR) of 6.17% between 2025 and 2034. The prevalence of chronic diseases such as urological disorders, cancer, cardiovascular disease, neurovascular diseases, and various other chronic conditions is rapidly increasing, resulting in a significant increase in hospital admission rates and driving the growth of the durable medical equipment industry.

By Product Insights

The monitoring and therapeutic devices segment is expected to lead the market in 2024, driven by the rise in lifestyle-related diseases and the demand for wireless monitoring devices. Health and fitness monitoring applications and devices like wristwatches, fitness bands, and smart glasses are becoming more popular for tracking vital signs and providing health analysis.The bathroom safety device and medical furniture segment is also expected to grow due to the increase in obesity and bariatric surgeries. The development of advanced products that offer better patient comfort and portability will contribute to this growth.

By End-User Insights

Hospitals held the largest market share in 2024 due to a high number of patients with chronic diseases. They are the main facilities for treating these illnesses, equipped with advanced medical technology and trained staff. Hospitals are also working on solutions to minimize accidents from accidental pullouts.Nursing homes provide extensive care outside of hospitals, including basic and skilled care such as bathing, dressing, and meal services. This segment is expected to grow with more nursing homes opening worldwide. Home healthcare is predicted to grow the fastest due to its cost-saving benefits for patients receiving remote services.

Regional Insights

North America held the largest market share in 2024. The quick adoption of modern equipment in the United States has enabled the region to capture a larger market share. The presence of major manufacturers, as well as the rapid acceptance of innovative products, are expected to drive the region's expansion even further. The area is always producing cost-effective and innovative devices for patients in order to capture a large portion of the market. Furthermore, the increasing number of hospitals and the growing geriatric population are driving regional market expansion.

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Market Competitive Landscape

The durable medical equipment market is fragmented, with both huge multinational corporations and small to medium-sized businesses competing in the market. The development and marketing of revolutionary products with better efficiency and cost-effectiveness are critical initiatives for durable medical equipment makers, fuelling industry competitiveness and innovation. This emphasis on innovation is intended to address changing clinical needs and improve patient outcomes, allowing enterprises to acquire market share and meet the growing need for advanced durable medical equipment.

Recent Developments:

Stryker introduced two new products in March 2024: the "Evacuation Chair" for emergency patient evacuation and the "LIFEPAK CR2 automated external defibrillator (AED) for cardiac care." The company's customer base may grow as a result of this introduction, which will broaden its product line.
Medline declared in April 2024 that it has finalised a deal to purchase Ecolab, Inc.'s worldwide surgical solutions division, which includes the market-leading Microtek product lines. The company's market reach and competitiveness will both increase as a result of this acquisition.

Scope of the report:

Report Metric	Details
Market size available for years	2021-2034
Base year considered	2024
Forecast period	2025-2034
Segments covered	By Product, By End User
Regions covered	North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered	Invacare Corporation, ArjoHuntleigh, Stryker Corporation, Hill Rom, Inc, Drive Medical, GF Health Products, Inc, Sunrise Medical, Medline Industries, Inc, Carex Health Brands, Inc.

Key Topics Covered in the Report

Global Durable Medical Equipment Market Size (FYâ€™2021-FYâ€™2034)
Overview of Global Durable Medical Equipment Market
Segmentation of Global Durable Medical Equipment Market By Product (Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring And Therapeutic Devices)
Segmentation of Global Durable Medical Equipment Market By End-User (Hospitals, Nursing Homes, Home Healthcare, Other End-user)
Statistical Snap of Global Durable Medical Equipment Market
Expansion Analysis of Global Durable Medical Equipment Market
Problems and Obstacles in Global Durable Medical Equipment Market
Competitive Landscape in the Global Durable Medical Equipment Market
Details on Current Investment in Global Durable Medical Equipment Market
Competitive Analysis of Global Durable Medical Equipment Market
Prominent Players in the Global Durable Medical Equipment Market
SWOT Analysis of Global Durable Medical Equipment Market
Global Durable Medical Equipment Market Future Outlook and Projections (FYâ€™2025-FYâ€™2034)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source

2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs

2.2.Market size estimation

2.2.1.Top-down and Bottom-up approach

2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis

4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis

5.1.1.Strengths
5.1.2.Weaknesses
5.1.3.Opportunities
5.1.4.Threats

5.2. PESTEL Analysis

5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape

5.3. PORTERs Five Forces

5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry

5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Durable Medical Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Durable Medical Equipment Market

7. Global Durable Medical Equipment Market, By Product USD Million) 2021-2034

7.1. Personal Mobility Devices

7.1.1. Wheelchairs
7.1.2. Scooters
7.1.3. Walker and Rollators
7.1.4. Canes and Crutches
7.1.5. Door Openers
7.1.6. Other Devices

7.2. Bathroom Safety Devices and Medical Furniture

7.2.1. Commodes and Toilets
7.2.2. Mattress & Bedding Devices

7.3. Monitoring and Therapeutic Devices

7.3.1. Blood Sugar Monitors
7.3.2. Continuous Passive Motion (CPM)
7.3.3. Infusion Pumps Market
7.3.4. Nebulizers
7.3.5. Oxygen Equipment
7.3.6. Continuous Positive Airway Pressure (CPAP)
7.3.7. Suction Pumps
7.3.8. Traction Equipment
7.3.9. Others Equipment

8. Global Durable Medical Equipment Market, By End-User (USD Million) 2021-2034

8.1. Hospitals
8.2. Nursing Homes
8.3. Home Healthcare
8.4. Other End-User

9. Global Durable Medical Equipment Market, (USD Million) 2021-2034

9.1. Global Durable Medical Equipment Market Size and Market Share

10. Global Durable Medical Equipment Market, By Region, (USD Million) 2021-2034

10.1. Asia-Pacific

10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific

10.2.Europe

10.2.1.France
10.2.2.Germany
10.2.3.Italy
10.2.4.Spain
10.2.5.United Kingdom
10.2.6.Rest of Europe

10.3. Middle East and Africa

10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa

10.4. North America

10.4.1. Canada
10.4.2. Mexico
10.4.3. United States

10.5. Latin America

10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America

11. Company Profile

11.1. Invacare Corporation

11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments

11.2. ArjoHuntleigh

11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments

11.3. Stryker Corporation

11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments

11.4. Hill Rom, Inc

11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments

11.5. Drive Medical

11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments

11.6. GF Health Products, Inc

11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments

11.7. Sunrise Medical

11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments

11.8. Medline Industries

11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments

11.9. Carex Health Brands, Inc

11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments

11.10. Becton, Dickinson and Company

11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments

11.11. General Electric Company

11.11.1. Company details
11.11.2. Financial outlook
11.11.3. Product summary
11.11.4. Recent developments

11.12. Medtronic PLC

11.12.1. Company details
11.12.2. Financial outlook
11.12.3. Product summary
11.12.4. Recent developments

11.13. Compass Health Brands

11.13.1. Company details
11.13.2. Financial outlook
11.13.3.Product summary
11.13.4. Recent developments

11.14. Getinge AB

11.14.1. Company details
11.14.2. Financial outlook
11.14.3. Product summary
11.14.4. Recent developments

11.15. Others

12. Conclusion

13. List of Abbreviations

14. Reference Links

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

What is the growth rate of the Durable Medical Equipment Market?

Durable Medical Equipment Market grew in Market size from 2025. The Market is expected to reach USD 427.67 billion by 2034, at a CAGR of 6.17% during the forecast period.

What is the anticipated CAGR of the Durable Medical Equipment Market ?

Durable Medical Equipment Market CAGR of 6.17% during the forecast period.

How can I get a sample report on the Durable Medical Equipment Market?

You can get the sample pages by clicking the link - Click Here

What is the Market size of the Durable Medical Equipment Market?

Durable Medical Equipment Market size is USD 427.67 billion from 2025 to 2034.

Which segment is expected to Durable Medical Equipment Market?

Durable Medical Equipment Market is covered By Product, By End User

Which region is expected to have the highest Market share in the Durable Medical Equipment Market?

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Who are the key players in Durable Medical Equipment Market ?

Invacare Corporation, ArjoHuntleigh, Stryker Corporation, Hill Rom, Inc, Drive Medical, GF Health Products, Inc, Sunrise Medical, Medline Industries, Inc, Carex Health Brands, Inc.

How big is the Durable Medical Equipment Market ?

Durable Medical Equipment Market is projected to reach USD 427.67 billion by 2034, growing at a CAGR of of 6.17% during the forecast period.

What is the conclusion of the Durable Medical Equipment Market?

The report includes an in-depth analysis of the Global Durable Medical Equipment Market, including market size and trends, product mix, Applications, and supplier analysis.