Durable Medical Equipment Market Players, Regional Analysis and Growth Forecast to 2032
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 is projected to reach USD 304 billion by 2032 at 4.7 % CAGR during the forecast period 2023-2032.
The durable medical
equipment (DME) market refers to the segment of the healthcare industry that
deals with the production, distribution, and sales of medical equipment that
can be used repeatedly over an extended period. These products are often
prescribed by physicians and other healthcare professionals to assist in the
treatment and management of various medical conditions and disabilities.
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.
Segment Analysis
Middle-East and Africa Durable Medical Equipment
market has been segmented 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.
Major Key
Players:
There are plenty of large and small Durable Medical Equipment
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)
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.
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