report cover1

Durable Medical Equipment Market(DME) “(By Product Type: mobility devices, monitoring and therapeutics devices, bathroom safety devices, medical furniture, personal mobility assistance devices, other devices); By End User (hospitals and clinics, long term care centers, ambulatory surgical centers , home healthcare settings, other); By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)” - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

A prominent research firm, Cognizance Market Research added a cutting-edge industry report on “Durable Medical Equipment (DME) Market”. The report studies the current as well as past growth trends and opportunities for the market to gain valuable insights during the forecast period from 2023 to 2030.

Durable medical equipment market Analysis

The durable medical equipment market is valued at US$ 208.54 Billion and is anticipated to reach US$ 335.36 Billion by the end of 2030 with CAGR of 6.1% from 2023to 2030.

durable medical equipment market

What is Durable Medical Equipment Market?

The durable medical equipment (DME) market refers to the industry that provides medical equipment, supplies, and devices that are designed to be used repeatedly, are appropriate for use at home, and are prescribed by a physician. These products are typically used to assist individuals with disabilities, chronic conditions, or other health issues in their daily lives.

Examples of DME include wheelchairs, hospital beds, walkers, oxygen equipment, and nebulizers. These products are typically reimbursed by health insurance plans, including Medicare and Medicaid.

The DME market is a rapidly growing industry, driven by an aging population and the increasing prevalence of chronic diseases. As technology advances, new and more innovative DME products are being developed to meet the evolving needs of patients. The market is highly competitive, with a large number of companies operating in the space, ranging from small startups to large multinational corporations.

Durable Medical Equipment Market Outlook

The durable medical equipment (DME) market is expected to continue to grow in the coming years. This is due to several factors, including an aging population, the rising prevalence of chronic diseases, and advancements in technology. The increasing demand for home healthcare services and the growing preference for non-invasive therapies are expected to drive market growth.

The COVID-19 pandemic has also had an impact on the DME market, as it has led to an increased demand for remote patient monitoring and telemedicine solutions. This trend is expected to continue even after the pandemic subsides, as patients and healthcare providers have become more comfortable with remote care options.

Overall, the outlook for the DME market is positive, as the demand for these products is expected to continue to grow due to demographic and technological factors.

Segment Analysis:

The durable medical equipment market can be segmented in various ways, such as by product type, by end user and  by region.

The durable medical equipment market is segmented into several product types, including Mobility Devices (e.g., wheelchairs, scooters, walkers), Medical Furniture (e.g., hospital beds, chairs), Bathroom Safety Devices (e.g., commodes, bath lifts), Personal Mobility Assistance Devices (e.g., canes, crutches), Monitoring and Therapeutic Devices (e.g., blood glucose monitors, oxygen concentrators), Other Devices (e.g., prosthetics, orthotics).

Based on end user DME market is segmented into hospitals and clinics, long term care centers, home healthcare settings, ambulatory surgical centers and others example sports organizations, military schools

Based on regions DME is further bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The mobility devices segment was the largest segment of the DME market, accounting for the majority of the market share. This is due to the growing aging population and increasing prevalence of disabilities and chronic conditions that require mobility aids. However, other segments such as respiratory equipment and monitoring devices are also expected to experience significant growth due to the increasing demand for home healthcare and remote monitoring services.

Geographical Analysis:

The durable medical equipment (DME) market has been analyzed geographically, and the market trends and opportunities in different regions have been highlighted. North America is the largest market for DME, driven by an aging population, rising incidence of chronic diseases, and favorable reimbursement policies. Europe is the second-largest market, with Germany, France, and the United Kingdom accounting for a significant share of the market. Asia Pacific is the fastest-growing market, driven by increasing healthcare expenditure, growing awareness about healthcare, and the rising prevalence of chronic diseases. Latin America and the Middle East & Africa are also growing markets, driven by factors such as increasing healthcare expenditure and improving healthcare infrastructure. The global DME market is expected to grow significantly in the coming years, driven by an aging population, increasing prevalence of chronic diseases, and advancements in technology, with Asia Pacific expected to be the fastest-growing region. The increasing adoption of advanced technologies such as telemedicine and remote patient monitoring is also driving the growth of the DME market worldwide.

geographical analysis

The report offers the revenue of the durable medical equipment market for the period 2020-2030, considering 2020 & 2021 as a historical year, 2022 as the base year and 2023 to 2030 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the durable medical equipment market for the forecast period. The durable medical equipment market report provides insights and in-depth analysis into developments impacting enterprises and businesses on a regional and global level. The report covers the durable medical equipment market performance in terms of revenue contribution from several segments and comprises a detailed analysis of key drivers, trends, restraints, and opportunities prompting revenue growth of the durable medical equipment market.

The report has been prepared after wide-ranging secondary and primary research. Secondary research included internet sources, numerical data from government organizations, trade associations, and websites. Analysts have also employed an amalgamation of bottom-up and top-down approaches to study numerous phenomena in the durable medical equipment market. Secondary research involved a detailed analysis of significant players’ product portfolio. Literature review, press releases, annual reports, white paper, and relevant documents have been also studied to understand the durable medical equipment market. Primary research involved a great extent of research efforts, wherein experts carried out interviews telephonic as well as questioner-based with industry experts and opinion-makers.

The report includes an executive summary, along with a growth pattern of different segmented included in the scope of the study. The Y-o-Y analysis with elaborate market insights has been provided in the report to comprehend the Y-o-Y trends in the durable medical equipment market. Additionally, the report focuses on altering competitive dynamics in the global market. These indices serve as valued tools for present market players as well as for companies interested in participating in the durable medical equipment market. The subsequent section of the durable medical equipment market report highlights the USPs, which include key industry events (Type launch, research partnership, acquisition, etc.), technology advancements, pipeline analysis, prevalence data, and regulatory scenario.

Durable Medical Equipment Market Competitive Landscape:

The market is extremely competitive, as seen by the abundance of both domestic and foreign competitors. For the purpose of providing innovative and cutting-edge products and acquiring a stronger competitive advantage in the market, market participants usually participate in research and development operations. The following companies concentrate on strategic alliances, agreements, and acquisitions for corporate growth.

For instance, Baxter successfully acquired Hillrom in December 2021. The acquisition has increased efficiency across care settings and contributed to better care outcomes. Leading companies in the global market for durable medical equipment include:

  • Medtronic plc
  • Abbott Laboratories
  • Stryker Corporation
  • Boston Scientific Corporation
  • Zimmer Biomet Holdings, Inc.
  • Becton, Dickinson and Company
  • Danaher Corporation
  • ResMed Inc.
  • Koninklijke Philips N.V.
  • Hill-Rom Holdings, Inc.
  • Cardinal Health, Inc.
  • Baxter International Inc.
  • Smith & Nephew plc
  • Teleflex Incorporated
  • Masimo Corporation

The competitive environment of the global market for durable medical equipment market is examined in the report. Major participants in the durable medical equipment market industry around the world have been found and profiled for their distinct commercial characteristics. The characteristics of the firms included in the worldwide durable medical equipment market study include a company overview (company description, type portfolio, geographic presence, employee strength, key management, etc.), financials, SWOT analysis, recent advancements, and key strategies.


Durable Medical Equipment Market, by Product Type

  • Mobility devices
  • Monitoring and therapeutics devices
  • Bathroom safety devices
  • Medical furniture
  • Personal mobility assistance devices
  • Other devices

 Durable Medical Equipment Market, by End User

  • Hospitals and clinics
  • Long term care centers
  • Ambulatory surgical centers
  • Home healthcare settings
  • Other

Durable Medical Equipment Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia & New Zealand
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
Complete the form below and we'll get back to you shortly
Table of Content

Research Methodology: Aspects

Market research is a crucial tool for organizations aiming to navigate the dynamic landscape of customer preferences, business trends, and competitive landscapes. At Cognizance Market Research, acknowledging the importance of robust research methodologies is vital to delivering actionable insights to our clientele. The significance of such methodologies lies in their capability to offer clarity in complexity, guiding strategic management with realistic evidence rather than speculation. Our clientele seek insights that excel superficial observations, reaching deep into the details of consumer behaviours, market dynamics, and evolving opportunities. These insights serve as the basis upon which businesses craft tailored approaches, optimize product offerings, and gain a competitive edge in an ever-growing marketplace.

The frequency of information updates is a cornerstone of our commitment to providing timely, relevant, and accurate insights. Cognizance Market Research adheres to a rigorous schedule of data collection, analysis, and distribution to ensure that our reports reflect the most current market realities. This proactive approach enables our clients to stay ahead of the curve, capitalize on emerging trends, and mitigate risks associated with outdated information.

Our research process is characterized by meticulous attention to detail and methodological rigor. It begins with a comprehensive understanding of client objectives, industry dynamics, and research scope. Leveraging a combination of primary and secondary research methodologies, we gather data from diverse sources including surveys, interviews, industry reports, and proprietary databases. Rigorous data analysis techniques are then employed to derive meaningful insights, identify patterns, and uncover actionable recommendations. Throughout the process, we remain vigilant in upholding the highest standards of data integrity, ensuring that our findings are robust, reliable, and actionable.

Key phases involved in in our research process are mentioned below:


Understanding Clients’ Objectives:

Extensive Discussions and Consultations:

  • We initiate in-depth discussions and consultations with our clients to gain a comprehensive understanding of their objectives. This involves actively listening to their needs, concerns, and aspirations regarding the research project.
  • Through these interactions, we aim to uncover the underlying motivations driving their research requirements and the specific outcomes they hope to achieve.

Industry and Market Segment Analysis:

  • We invest time and effort in comprehensively understanding our clients’ industry and market segment. This involves conducting thorough research into market trends, competitive dynamics, regulatory frameworks, and emerging opportunities or threats.
  • By acquiring a deep understanding of the broader industry landscape, we can provide context-rich insights that resonate with our clients’ strategic objectives.

Target Audience Understanding:

  • We analyze our clients’ target audience demographics, behaviors, preferences, and needs to align our research efforts with their consumer-centric objectives. This entails segmenting the audience based on various criteria such as age, gender, income level, geographic location, and psychographic factors.
  • By understanding the nuances of the target audience, we can tailor our research methodologies to gather relevant data that illuminates consumer perceptions, attitudes, and purchase intent.


Identifying Challenges and Opportunities:

  • We proactively identify the challenges and opportunities facing our clients within their respective industries. This involves conducting SWOT (Strengths, Weaknesses, Opportunities, Threats) analyses and competitive benchmarking exercises.
  • By identifying potential obstacles and growth drivers, we can provide strategic recommendations that help our clients navigate complexities and capitalize on emerging opportunities effectively.

Grasping Specific Goals:

  • We delve into the intricacies of our clients’ objectives to gain clarity on the specific goals they aim to accomplish through the research. This entails understanding their desired outcomes, such as market expansion, product development, or competitive analysis.
  • By gaining a nuanced understanding of our clients’ goals, we can tailor our research approach to address their unique challenges and opportunities effectively.

Data Collection:


Primary Research Process:

  • Surveys: We design and administer surveys tailored to capture specific information relevant to our clients’ objectives. This may involve employing various survey methodologies, such as online, telephone, or face-to-face interviews, to reach target audiences effectively.
  • Interviews: We conduct structured or semi-structured interviews with key stakeholders, industry experts, or target consumers to gather in-depth insights and perspectives on relevant topics. These interviews allow us to probe deeper into specific issues and uncover valuable qualitative data.
  • Focus Groups: We organize focus group discussions with carefully selected participants to facilitate interactive discussions and gather collective opinions, attitudes, and preferences. This qualitative research method provides rich contextual insights into consumer behaviors and perceptions.
  • Observations: We conduct observational research by directly observing consumer behaviors, interactions, and experiences in real-world settings. This method enables us to gather objective data on consumer actions and reactions without relying on self-reported information.

Secondary Research Process:

  • Literature Review: We conduct comprehensive literature reviews to identify existing studies, academic articles, and industry reports relevant to the research topic. This helps us gain insights into previous research findings, theoretical frameworks, and best practices.
  • Industry Reports: We analyze industry reports published by reputable trade associations (whitepapers, research studies, etc.), and government agencies (U.S. Census Bureau, Bureau of Labor Statistics, and Securities and Exchange Commission etc.) to obtain macro-level insights into market trends, competitive landscapes, and industry dynamics.
  • Government Publications: We review government publications, such as economic reports, regulatory documents, and statistical databases, to gather relevant data on demographics, market size, consumer spending patterns, and regulatory frameworks.
  • Online Databases: We leverage online databases, such as industry portals, and academic repositories (PubMed Central (PMC), ScienceDirect, SSRN (Social Science Research Network), Directory of Open Access Journals (DOAJ), NCBI, etc.), to access a wide range of secondary data sources, including market statistics, financial data, and industry analyses.





Data Analysis:

The data analysis phase serves as a critical juncture where raw data is transformed into actionable insights that inform strategic decision-making. Through the utilization of analytical methods such as statistical analysis and qualitative techniques like thematic coding, we uncover patterns, correlations, and trends within the data. By ensuring the integrity and validity of our findings, we strive to provide clients with accurate and reliable insights that accurately reflect the realities of the market landscape.



Transformation of Raw Data:

  • Upon collecting the necessary data, we transition into the data analysis phase, where raw data is processed and transformed into actionable insights. This involves organizing, cleaning, and structuring the data to prepare it for analysis.

Utilization of Analytical Methods:

  • Depending on the research objectives, we employ a diverse range of analytical methods to extract meaningful insights from the data. These methods include statistical analysis, trend analysis, regression analysis, and qualitative coding.

Statistical Analysis:

  • Statistical tools are instrumental in uncovering patterns, correlations, and trends within the data. By applying statistical techniques such as descriptive statistics, hypothesis testing, and multivariate analysis, we can discern relationships and derive valuable insights.

Qualitative Analysis Techniques:

  • In addition to quantitative analysis, we leverage qualitative analysis techniques to gain deeper insights from qualitative data sources such as interviews or open-ended survey responses. One such technique is thematic coding, which involves systematically categorizing and interpreting themes or patterns within qualitative data.

Integrity and Validity Maintenance:

  • Throughout the analysis process, we maintain a steadfast commitment to upholding the integrity and validity of our findings. This entails rigorous adherence to established methodologies, transparency in data handling, and thorough validation of analytical outcomes.

Data Validation:

The final phase of our research methodology is data validation, which is essential for ensuring the reliability and credibility of our findings. Validation involves scrutinizing the collected data to identify any inconsistencies, errors, or biases that may have crept in during the research process. We employ various validation techniques, including cross-referencing data from multiple sources, conducting validity checks on survey instruments, and seeking feedback from independent experts or peer reviewers. Additionally, we leverage internal quality assurance protocols to verify the accuracy and integrity of our analysis. By subjecting our findings to rigorous validation procedures, we instill confidence in our clients that the insights they receive are robust, reliable, and trustworthy.


Importance of Data Validation:

  • Data validation is the final phase of the research methodology, crucial for ensuring the reliability and credibility of the findings. It involves a systematic process of reviewing and verifying the collected data to detect any inconsistencies, errors, or biases.

Scrutiny of Collected Data:

  • The validation process begins with a thorough scrutiny of the collected data to identify any discrepancies or anomalies. This entails comparing data points, checking for outliers, and verifying the accuracy of data entries against the original sources.

Validation Techniques:

  • Various validation techniques are employed to ensure the accuracy and integrity of the data. These include cross-referencing data from multiple sources to corroborate findings, conducting validity checks on survey instruments to assess the reliability of responses, and seeking feedback from independent experts or peer reviewers to validate the interpretation of results.

Internal Quality Assurance Protocols:

  • In addition to external validation measures, internal quality assurance protocols are implemented to further validate the accuracy of the analysis. This may involve conducting internal audits, peer reviews, or data validation checks to ensure that the research process adheres to established standards and guidelines.

Report Scope:



Market Size

US$ 335.36 Billion (2030)

Compound Annual Growth Rate (CAGR)


Base Year


Forecast Period


Forecast Units

Value (US$ Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Geographies Covered

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

Countries Covered

U.S., Canada, Germany, U.K., France, Spain, Italy, Rest of Europe, Japan, China, India, Australia & New Zealand, South Korea, Rest of Asia Pacific, Brazil, Mexico, Rest of Latin America, GCC, South Africa, Rest of Middle East & Africa

Key Companies Profiled

Medtronic plc, Abbott Laboratories, Stryker Corporation, Boston Scientific Corporation, Zimmer Biomet Holdings, Inc., Becton, Dickinson and Company, Danaher Corporation, ResMed Inc., Koninklijke Philips N.V., Hill-Rom Holdings, Inc., Cardinal Health, Inc., Baxter International Inc., Smith & Nephew plc, Teleflex Incorporated, Masimo Corporation

Key Questions Answered in Durable Medical Equipment Market Report

Medtronic plc, Abbott Laboratories, Stryker Corporation, Boston Scientific Corporation, Zimmer Biomet Holdings, Inc., Becton, Dickinson and Company, Danaher Corporation, ResMed Inc., Koninklijke Philips N.V., Hill-Rom Holdings, Inc., Cardinal Health, Inc., Baxter International Inc., Smith & Nephew plc, Teleflex Incorporated, Masimo Corporation

Trends: DME is becoming more advanced and connected. This includes the integration of IoT (Internet of Things) for remote monitoring, wearable DME, and the use of smart sensors to enhance patient outcomes.

Drivers: The global aging population, particularly in developed countries, is a significant driver. Elderly individuals often require DME to maintain their independence and quality of life.

Opportunities: Collaboration with telemedicine providers can create opportunities for DME manufacturers to offer integrated remote patient monitoring and care solutions.

Challenges: The DME market is competitive, with many manufacturers vying for market share, making it important to differentiate products and services.

The CAGR is anticipated to be 6.1% during the forecast period.

The U.S. has a robust market for durable medical equipment. The country has a well-established healthcare infrastructure, including hospitals, clinics, and home healthcare services, which contribute to the demand for DME.

The educational devices & software segment is expected to lead the segmental growth over the assessment period.

Single User - $4,600.00

It allows one person, the buyer, to have the sole rights and access to the purchased report. Further distribution of the product is strictly prohibited.

It allows the purchased product to be shared among 1-7 employees of your organization within the same geographical location.

It allows the purchased product to be shared among all employees of your organization irrespective of their geographical location.

Need a Custom Report?

We can customize every report – free of charge – including purchasing stand-alone sections or country-level reports

Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail

Business Development

small c popup.png
Complete the form below and we'll get back to you shortly
small c popup.png
Complete the form below and we'll get back to you shortly
small c popup.png
Complete the form below and we'll get back to you shortly
Ask an Expert