Article -> Article Details
| Title | Durable Medical Equipment Market Size, Value Share, Industry Segment and Forecast to 2030 |
|---|---|
| Category | Fitness Health --> Health Articles |
| Meta Keywords | Durable Medical Equipment Market, Durable Medical Equipment Market Size, Durable Medical Equipment Market Industry, Global Durable Medical Equipment Market |
| Owner | Vaibhav |
| Description | |
| Durable Medical Equipment Market Durable Medical Equipment or home medical equipment provides therapeutic
benefits to patients. They are easy to use and does not need any special skill
or training thus can easily be managed by a caretaker or a family member of the
patient. Increasing per capita income, healthcare expenditure and aging
population in Middle East and Africa are driving the DME market’s growth. The Durable Medical Equipment Market Size is projected to reach USD 304 billion by 2032 at 4.7 % CAGR during the forecast
period 2023-2032. The Middle East and Africa healthcare sector is growing by 10% annually
and it comprise 2% of the total global healthcare expenditure. Huge Investment
in R&D by DME manufacturers are leading to more innovative product
development. Developing infrastructure, government initiatives, extended
insurance coverage and increasing awareness are major drivers of this market.
Growing number of road accidents resulting in accident disability is another
factor which has given a growth to the market. The global DME market
is expected to grow steadily over the next few years due to factors such as an
aging population, increasing prevalence of chronic diseases, and advancements in technology. The
market is segmented by product type, end-user, and region. Major Key
Players: There are plenty of large and small Market Players which
operate in this market all over Middle East and Africa region, such as Invacare
Corporation (US), Medical Depot, Inc. (US), The Braun Corporation (US), Sunrise
Medical (Germany), Permobil (Sweden), Medline Industries, Inc. (US), Compass
Health Brands (US), ArjoHuntleigh (Sweden), Hill-Rom (US) and GF HEALTH
PRODUCTS, INC. (US) Segment Analysis Middle-East and Africa Durable Medical Equipment
Market Insights on the basis of product
type which comprise blood pressure monitors, blood glucose monitors,
ventilators, personal mobility devices, traction equipment, wheelchairs, respiratory devices, portable medical equipments and
others. On the basis of end user, the market is segmented
into hospitals and clinics, healthcare institutions, research centers, home
healthcare and others. Regional Analysis In the Middle-East and Africa
Durable Medical Equipment Market scenario, Saudi Arabia region is believed to
be the largest market. Moreover UAE market is also growing and is the
second largest market for DME. On the other hand, Egypt’s market of DME in
these regions is expected to grow at a steady pace during the forecasted
period. Rest of Middle East and Africa region is likely to have a limited but
steady growth of the DME market. About Market Research Future At Market Research Future (MRFR), we enable our
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