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| Durable Medical Equipment (DME) Market To Reach USD 282900 Million by 2028 With A CAGR of 6.8% | Valuates Reports | ||
| By: PR Newswire Association LLC. - 22 Nov 2022 | Back to overview list |
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BANGALORE, India, Nov. 22, 2022 /PRNewswire/ -- Durable Medical Equipment Market Is Segmented By Type (Personal Mobility Devices, Bathroom Safety Devices, Medical Furniture, Monitoring, and Therapeutic Devices), By Application (Hospitals, Nursing Homes, Home Healthcare, Others): Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Medical Devices & Equipment Category.  Due to the COVID-19 pandemic, the global Durable Medical Equipment (DME) market size is estimated to be worth USD 173150 million in 2021 and is forecast to a readjusted size of USD 282900 million by 2028 with a CAGR of 6.8% during the forecast period 2022-2028. Major Factors Driving The Growth Of The Durable Medical Equipment Market During the forecast period, the rising prevalence of cancer, cardiac disorders, neurological diseases, and gynecological complications is likely to fuel the Durable Medical Equipment market. Furthermore, due to the government-imposed lockdown resulting from the COVID-19 pandemic, the supply chain for durable medical equipment (DME) had been disrupted. There have been supply-chain disruptions for products like nebulizers, CPAP and RAD machines, and oxygen equipment. High-risk patients have experienced difficulties as a result of the supply's storage, which has raised the demand for all Durable Medical Equipment. Get a Free Sample Report: TRENDS INFLUENCING THE GROWTH OF THE DURABLE MEDICAL EQUIPMENT MARKET DME can increase safety while reducing the need for caregiver help for people with disabilities. By boosting a person's independence with functional mobility and daily living tasks, it can significantly improve their overall quality of life. It is beneficial to work with a multidisciplinary team, which consists of physiatrists or other specialty doctors, occupational therapists, physical therapists, speech and language pathologists, rehabilitation nurses, and social workers when assessing a patient's need for DME to improve function. DME lessens the need for caregiver help by enabling people to become more independent. The potential for greater independence opens up more opportunities to improve the psychological health and social integration of people with disabilities. This factor is expected to drive the growth of the Durable Medical Equipment market. Acute care furniture has traditionally been designed with the needs of patients in mind, with little thought given to including elements that would be useful to other stakeholders. Medical furniture should be designed and assembled with the patient's care as the primary priority, but more and more products are being offered to reduce the effort and physical strain on clinical staff. The delivery of high-quality care is made possible by streamlining clinical workflows, choosing materials that help prevent infection, and including features that encourage independence and empowerment. This factor is expected to fuel the growth of the Durable Medical Equipment market. The increasing use of Durable Medical Equipment in Bathrooms in hospitals and elderly care centers is expected to fuel the market. The most challenging aspect of the profession may be designing restrooms for a healthcare center. Because there are so many demands to be met in such a tiny area, issues like infection control, accessibility, and safety are much more important than they are in a typical public restroom. With more grab bars and improved wheelchair access, bathrooms are becoming more difficult to use for senior people. Nurses can see any issues more clearly from their station if the bathroom is placed outboard or up against the outer wall. Since the start of the COVID-19 pandemic, a number of reasons have led to an increase in the demand for durable home medical equipment. Patients being transferred out of skilled nursing facilities (SNFs) - As SNFs suffered outbreaks and hospitals discharged high-acuity patients, many HME suppliers noticed an increase in demand for their home-based medical equipment during the pandemic. This trend will fuel the Durable Medical Equipment market. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-21Y8802/china-durable-medical-equipment-dme DURABLE MEDICAL EQUIPMENT MARKET SHARE Due to the significant patient load associated with the global rise in chronic diseases, as well as the improved financial and service capacities of these healthcare settings, hospitals lead the end-user segment. Due to the rise in the target population base with rising chronic diseases, the need for medical equipment by patients, and supportive government initiatives, the Asia Pacific is anticipated to see the quickest growth throughout the projection period. Additionally, the development of the region will be aided by economic advancements achieved by nations like China, India, and South Korea as well as improvements to the regional healthcare system. Buy Regional Market Chapter: https://reports.valuates.com/market-reports/QYRE-Auto-21Y8802/china-durable-medical-equipment-dme/3 Key Companies:
Buy Chapter On Company Profiles: https://reports.valuates.com/market-reports/QYRE-Auto-21Y8802/china-durable-medical-equipment-dme/6 Buy Now for Single User + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-21Y8802&lic=single-user SUBSCRIPTION We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans. SIMILAR REPORTS: - Home Healthcare Equipment Market - Pediatric Emergency Medical Kits Market - Medical Anesthesia Masks Market - Medical Transfer and Storage Cabinets Market - Medical Instrument Cabinets Market - Medical Flexible Foam Market - Ophthalmic Examination Chairs Market - Stent-Assisted Coiling Market - Wearable Medical Equipment market - Medical Central Venous Elbow Market - Medical Wireless Monitoring System Market - Therapeutic Wearable Medical Devices Market - Self-Injection devises Market - Medical Device Cleaning Market - Medical Device Analytical Testing Services Market - Medical Device Outsourcing Market - Medical Holography Device Market - cleanroom consumables market - Medical Waste Disposal Services Market Click here to see related reports on the Durable Medical Equipment Market ABOUT US: Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request any particular information from a report that meets your market analysis needs. To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources. CONTACT US: Valuates Reports Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
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