1. Market Research
  2. > Healthcare
  3. > Health Services Market Trends
U.S. Durable Medical Equipment (DME) Market Analysis By Product Personal Mobility Devices, Bathroom Safety Devices And Medical Furniture, Monitoring And Therapeutic Devices), And Segment Forecasts, 2014 - 2025

U.S. Durable Medical Equipment (DME) Market Analysis By Product Personal Mobility Devices, Bathroom Safety Devices And Medical Furniture, Monitoring And Therapeutic Devices), And Segment Forecasts, 2014 - 2025

  • May 2017
  • 84 pages
  • ID: 4946494
  • Format: PDF
  • By Grand View Research

Summary

Table of Contents

The U.S. durable medical equipment (DME) market is expected to reach USD 70.7 billion by 2025 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 & staff are the key drivers of the market.

Increasing prevalence of chronic disorders requiring long-term patient care is anticipated to boost the usage of DME. Diseases such as diabetic foot, pressure ulcers, & cancer, which require long-term patient care and postoperative recovery, are anticipated to contribute toward the growth of U.S. DME market.

Home healthcare is comparatively economic option over hospital stay. Hence, patients now prefer to avail post-operative recovery and long term care at home settings. Rising demand for home healthcare services opens avenues for the DME market players to up sell and cross sell the various products. Hence, proliferation of home healthcare services translates into growth of U.S. DME market at larger extent.

Increasing global geriatric population base is expected to propel the U.S. DME market. Presently, there are over 40 million people in the U.S., aged 65 years and above, and this number is anticipated to double by 2050. Rapidly growing geriatric population that forms the key target population for DME market is anticipated to bolster the growth of this sector in the U.S. over the forecast period.


Further key findings from the study suggest:
• Monitoring and therapeutic devices held lucrative share in U.S. DME vertical. This segment is inclusive of a wide range of devices used for long-term care for numerous disorders such as cardiovascular & neurological and cancer.
• Personal mobility devices are anticipated to gain significant share over the forecast period. Introduction of technologically advanced products is likely to help this segment’s growth.
• The key players for the U.S. DME market include ArjoHuntleigh, Invacare Corporation, Sunrise Medical, Stryker Corporation, Hill Rom, Inc, Drive Medical, Medline Industries Inc., Carex Health Brands, Inc. and GF Health Products Inc.
• New product launches, mergers & acquisitions and collaboration are the key strategic undertakings by these players.
• For Instance, in February 2017, Hill-Rom acquired Mortara Instrument, Inc., a Wisconsin-based medical device manufacturer to increase their medical device product portfolio and revenue growth.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Sterilization Equipment Market by Product, End User - Global Forecast to 2024

Sterilization Equipment Market by Product, End User - Global Forecast to 2024

  • $ 4950
  • November 2019

The global sterilization equipment market size is projected to register a CAGR of 7.0% during the forecast period.The global sterilization equipment market size is projected to reach USD 12.5 billion by ...

Cleanroom Consumables Market - Global Outlook and Forecast 2019-2024

Cleanroom Consumables Market - Global Outlook and Forecast 2019-2024

  • $ 3500
  • November 2019

The global cleanroom consumables market is expected to grow at a CAGR of over 8% during the forecast period 2018?2024.The global cleanroom consumables market is set to display impressive growth during ...

Hospital Acquired Infection Control Market - Growth, Trends, and Forecast (2019 - 2024)

Hospital Acquired Infection Control Market - Growth, Trends, and Forecast (2019 - 2024)

  • $ 4250
  • October 2019

Market OverviewThe hospital acquired infection control market is expected to witness a CAGR of 7.3% during the forecast period. Certain factors that are driving the market growth include the increase in ...

Global Hemostats Industry $ 5450 October 2019


ref:plp2017

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on