Authored By: Sarah
25 Oct 2021

Durable Medical Equipment in US: Top Drivers that will Enable COVID-19 Recovery

Growth Drivers and Market Forecast for 2022-2026

The Global Durable Medical Equipment Market In US is projected to grow by $ 19.55 bn, accelerating at a CAGR of 5.83% till 2026. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth.


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Durable Medical Equipment Market In US: Key Market Drivers

One of the key factors that will drive growth is Growing geriatric population. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.

Top Drivers for Durable Medical Equipment Market In US Size to Grow by $ 19.55 bn During 2022-2026

Durable Medical Equipment Market In US: Segments and Geographical Regions

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Durable Medical Equipment Market In US is segmented by Product (Monitoring and therapeutic devices, Personal mobility devices, and Bathroom safety devices and medical furniture) and End-user (Hospitals and clinics, Home healthcare, and Ambulatory surgical centers). Request our Free Sample Report

Durable Medical Equipment Market In US: Vendor Landscape

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  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 are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 5.83%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 19.55 bn through 2022-2026.
     
  3. What is a key factor driving this market?
    Growing geriatric population will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    US are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    0% growth will originate from US
     
  6. Who are the leading market vendors?
    The leading vendors in this market are 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
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Monitoring and therapeutic devices, Personal mobility devices, and Bathroom safety devices and medical furniture) and End-user (Hospitals and clinics, Home healthcare, and Ambulatory surgical centers)
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