Durable Medical Equipment Market in US by Product and End-user - Forecast and Analysis 2022-2026
| Published: Oct 2021 | Pages: 120 | SKU: IRTNTR71325 |
The durable medical equipment market share in the US should rise by USD 19.55 billion from 2022 to 2026 at a CAGR of 5.83%.
This durable medical equipment market in US research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation 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). The durable medical equipment market in US report also offers information on several market vendors, including 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 among others.
What will the Durable Medical Equipment Market Size in the US be in 2022?
To Unlock the Durable Medical Equipment Market Size in US for 2022 and Other Important Statistics, Download the Free Report Sample!
Durable Medical Equipment Market in US: Key Drivers and Trends
The growing geriatric population is notably driving the durable medical equipment market growth in US, although factors such as high cost of durable medical equipment may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the durable medical equipment market in US industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This durable medical equipment market in US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Who are the Major Durable Medical Equipment Market Vendors in US?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- 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
- Sunrise Medical LLC
The vendor landscape of the durable medical equipment market in US entails successful business strategies deployed by the vendors. The durable medical equipment market in US is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the durable medical equipment market in US forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
What are the Revenue-generating Product Segments in the Durable Medical Equipment Market in US?
To gain further insights on the market contribution of various segments Request for a FREE sample
The growth of the durable medical equipment market share in US by the monitoring and therapeutic devices segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2022-2026 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the durable medical equipment market size in US. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.
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Durable Medical Equipment Market in US Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.83% |
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Market growth 2022-2026 |
$ 19.55 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
5.52 |
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Regional analysis |
US |
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Performing market contribution |
US at 100% |
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Key consumer countries |
US |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Companies profiled |
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 |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Factors Covered in this Durable Medical Equipment Market in US Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive durable medical equipment market growth in US during the next five years
- Precise estimation of the durable medical equipment market size in US and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the durable medical equipment market in US
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of durable medical equipment market vendors in US
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Monitoring and therapeutic devices - Market size and forecast 2021-2026
- Personal mobility devices - Market size and forecast 2021-2026
- Bathroom safety devices and medical furniture - Market size and forecast 2021-2026
- Market opportunity by Product
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Hospitals and clinics - Market size and forecast 2021-2026
- Home healthcare - Market size and forecast 2021-2026
- Ambulatory surgical centers - Market size and forecast 2021-2026
- Market opportunity by End-user
Customer landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 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
- Sunrise Medical LLC
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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durable medical equipment market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis