Durable Medical Equipment Market in US 2022-2026
The analyst has been monitoring the durable medical equipment market in US and it is poised to grow by $ 19.55 bn during 2022-2026, progressing at a CAGR of 5.83% during the forecast period. Our report on the durable medical equipment market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing geriatric population and rising number of hospitals. In addition, the growing geriatric population is anticipated to boost the growth of the market as well.
The durable medical equipment market in US analysis includes product and end-user segments.
The durable medical equipment market in US is segmented as below:
By Product
• Monitoring and therapeutic devices
• Personal mobility devices
• Bathroom safety devices and medical furniture
By End-user
• Hospitals and clinics
• Home healthcare
• Ambulatory surgical centers
This study identifies the rising prevalence of neurological diseasesas one of the prime reasons driving the durable medical equipment market growth in US during the next few years.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on durable medical equipment market in us covers the following areas:
• Durable medical equipment market sizing
• Durable medical equipment market forecast
• Durable medical equipment market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading durable medical equipment market vendors in US that include Arjo AB, Cardinal Health Inc., Compass Health Brands, GF Health Products Inc., Invacare Corp., Kaye Products Inc., Medline Industries Inc., NewLeaf Health LLC, NOVA Medical Products, and Sunrise Medical LLC. Also, the durable medical equipment market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.