DURABLE MEDICAL EQUIPMENT MARKET GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2

DURABLE MEDICAL EQUIPMENT MARKET GLOBAL INDUSTRY ANALYSIS, TRENDS, MARKET SIZE AND FORECASTS UP TO 2023

Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Introduction Report Description The Global Durable Medical Equipment Market was sized near USD X.X billion in 2016. The global durable medical equipment market is projected to grow with a CAGR of 6.5% during 2017-2023. The equipment’s that provides therapeutic benefits as per the need of a patients for certain medical conditions and/or illnesses. The Durable Medical Equipment (DME) are are primarily and customarily used to serve a medical purpose. DME - includes, wheelchairs (manual and electric), canes, crutches, monitors, walkers, hospital beds, traction equipment, kidney machines, ventilators, oxygen, pressure mattresses, lifts, nebulizers, bili blankets and bili lights.

This report estimates the market size of durable medical equipment market in terms of value (USD million) over the period of 2015 to 2023.The year 2016 is considered a base year, and 2017 to 2023 is considered to be a forecast period. Moreover, the market sizes for durable medical equipment market in numerous application is estimated in terms of value. This market research study provides detailed qualitative and quantitative analysis of the global durable medical equipment market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the global as well as regional markets of durable medical equipment market. The market analysis covers major geographic regions, such as North America, Europe, Asia-Pacific and Rest of the World (RoW). The market size and forecasts are also given for these regions. Countries with major market revenues are covered for each of the region.

Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of durable medical equipment market.

Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the global durable medical equipment Š Infinium Global Research

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

DURABLE MEDICAL EQUIPMENT MARKET SEGMENTATION

DURABLE MEDICAL EQUIPMENT MARKET

End-Use

Product  Monitoring and Therapeutic Devices  Personal Mobility Devices  Bathroom Safety Devices and Medical Furniture

   

Hospitals Nursing Homes Home Healthcare Others

Region    

North America Europe Asia Pacific RoW

The report on global durable medical equipment market covers segments such as product and end-use. The product segments include monitoring and therapeutic devices, personal mobility devices and bathroom safety devices and medical furniture. On the basis of end-use the global durable medical equipment (DME) market is categorized into hospitals, nursing homes, home healthcare and others.

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Research Methodology Methodology Infinium Global Research published reports are based on extensive primary and secondary research methods. The research begins with extensive exploration through secondary sources followed by primary research. With these research methods we were able to estimate the market size of the durable medical equipment Market, to identify the factors that promote the growth in this market as well as the factors that hamper the growth in the market. Comprehensive primary and secondary methods helped us to identify the trends in the market and to project the opportunities that the key players may get in the coming days.

Research Methodology: An Outline

Primary source of the information and data include  Industry Experts/consultants  Top level executives in the key market players  Subject matter experts  Academicians and research scholars

PRIMARY RESEARCH

Secondary sources of the information and data include  Company annual reports  Government/institutional publications  Trade and associations journals  Databases  Websites and publications by research agencies  Others

SECONDARY RESEARCH

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

RESEARCH APPROACHES- BOTTOM UP BOTTOM-UP APPROACH

Arriving at Global Market Size

 

Accumulation of the country level market size (value) Regional market size of durable medical equipment and its product, end-use

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Segment revenue of the key players Country level market size by product, end-use (value)

Key Market Players



Identifying key players in the durable medical equipment market

Arriving at Regional/Country Market Size

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Accumulation of the regional/country market size (value) Global market size of product, end-use

Market Share of Key Players

Research Approaches- Top-Down Global Market

Market Segments

Determine the Regional Market Size

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Global market size of durable medical equipment market Value for 2016 to 2023

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% breakdown by market segments by product, end-use Value for 2016 and 2023

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Regional market size of the durable medical equipment market (value) Regional market size of product, end-use





Country Level Market Sizing

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Country level market size of the durable medical equipment market in every region (value) Country level market size of product, end-use in every region

TOP-DOWN APPROACH

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

The study on global durable medical equipment market provides deep insights into the trends and opportunities in the market for the forecast period 2017 to 2023. Moreover, the market estimates are provided in terms of revenue in USD million. Furthermore, the research covers the analysis of the various segments in the global durable medical equipment market.

The estimates in the global durable medical equipment market are based on both bottomup and top-down approaches. In the bottom-up approach the revenues of the key players are determined and added to arrive at country or regional markets size. The country market sizes added to arrive at the regional market size. Further, the market size of the regions is added to arrive at the global market size of durable medical equipment market.

In the top-down approach the global market size is estimated based on the secondary research and historic data. Using this approach the regional market size is obtained by splitting the global number by percentage share of each region such as North America, Europe, Asia-Pacific and RoW. The regional market was then divided as per the market share of the devices and category.

IGR- RESEARCH METHOD AND DATA TRIANGULATION SECONDARY SOURCES

Infinium's Data Bank/ Know How

 Top executives of end-use industries  Intermediaries

 C-level executives in the leading manufacturing products of durable medical equipment.  Product managers  Sales managers  Industry consultants  Distributors/Suppliers

Industry Publications Government Agencies' Publications Industry news Data sources

      

Annual Reports Presentations Company Websites Press Releases News Articles Journals Paid Databases

Secondary Research

DATA TRIANGULATION & INFORMATION SOURCES

Company Publication

Supply Side

Primary Research

   

General Publications

Demand Side

PRIMARY SOURCES

The market size of durable medical equipment is determined based on the top down approach. The market size is validated using primary interview with the participants working © Infinium Global Research

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

in some of the leading players in the durable medical equipment market. The primary interview participants typically includes managers and CXO level executives of the leading players in this market. The primary interviews not only help identify the market size of the durable medical equipment market but also identify the factors that promote the growth in the market and the factors that restrain the growth in this market. The views of primary respondents were reconciled to provide qualitative analysis of the durable medical equipment market. The primary respondents also help identifying top 5-10 players and their possible market share in the respective country markets and in world market. The bottomup approach is used to validate the global market size of durable medical equipment. With the help of primary interviews and secondary research the market size of durable medical equipment is determined for each country studied, which then is added to arrive at regional market size and there by obtaining global market size. This in turn helps us to validate the market size of durable medical equipment in the world market.

Executive Summary Global Durable Medical Equipment Market Highlights, (USD Million) The global durable medical equipment market is expected to grow at a CAGR of 6.5 % between 2017 and 2023 in terms of value. The occurrence of ophthalmic, & cardiac, cancer, gynecological, neurological conditions, and disorders is increasing. The demand for surgical intervention is increased due to rise in number of surgical procedures, therefore there is a requirement of long-term care until recovery. In long term post-surgery care in home or any other healthcare setting, the DME play an important role in fast recovery of patient. Increase in incidence of cancer and rare diseases, rise in need for regenerative and cell-based therapies is likely to drive the growth of the market. Continuous flow of novelties is the important characteristic of medical equipment technologies which results in high quality research, development and clinical examination of these durable medical equipment (DME).

New product launches, mergers & acquisitions and collaboration are the key strategic of the leading player in this market.

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Bathroom safety devices consists of commodes, toilet rails/frames, and others, while monitoring and therapeutic devices consists of blood glucose monitors, oxygen equipment, vital sign monitors, infusion pumps, and others. The rising frequency of sports injuries, trauma injuries, road accidents, and diseases, the demand for technologically advanced bathroom safety has increased. Hospital is expected to have largest share among the other application, due to increasing government support and growing number of hospitals. The increasing funding in the healthcare sector of emerging economies will propel the growth for this market in the coming years.

Among the region, North America is expected to be the largest market for DEA, followed by Europe. Asia-Pacific is the fastest growing region due to increasing occurrence of canner, aging population and government support in emerging countries such as India and China is likely to augment the growth in this region.

The leading players in the global durable medical equipment market include Invacare Corporaion, Sunrise Medical, ArjoHuntleigh, Hill Rom, Inc, Stryker Corporation, Medline Industries, Inc., Drive Medical, GF Health Products Inc, and Carex Health Brands, Inc. GLOBAL DURABLE MEDICAL EQUIPMENT MARKET, 2015 – 2023 (USD MILLION)

2015

2016

2017

2018

2019

2020

2021

2022

2023

Value

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL DURABLE MEDICAL EQUIPMENT MARKET, CAGR (USD MN) GROWTH BY REGIONS (2017 – 2023)

xxx.x xxx.x

2017

2023

xxx.x

xxx.x xxx.x

xxx.x

2017

2023

2017

2023

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023.

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others.

Moreover, European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2017 - 2023.

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

DRIVERS OF DURABLE MEDICAL EQUIPMENT MARKET, IMPACT ANALYSIS SHORT TERM IMPACT

DRIVERS

MID TERM IMPACT

LONG TERM IMPACT

Driver 1 Driver 2 Driver 3

HIGH

MEDIUM

LOW

RESTRAINTS OF DURABLE MEDICAL EQUIPMENT MARKET, IMPACT ANALYSIS SHORT TERM IMPACT

RESTRAINTS

MID TERM IMPACT

LONG TERM IMPACT

Restraint 1

Restraint 2

HIGH

MEDIUM

LOW

IGR- Growth Matrix Analysis Growth matrix developed by Infinium Global Research, also known as IGR-Growth Matrix helps understand the market situation of the business segments. It helps identify the most attractive segment for the investment purpose and helps the companies to make better decisions in strategy making. The IGR- Growth Matrix presents the zones that define the position of the product segment and Device segment or region based on the market size, growth anticipated and the growth factors & historic growth. Following are the zones that IGR- Growth Matrix considers

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

 Risky Zone: Low market size and low growth rate. Investment in this segment is risky  Retention Zone: High market size and low growth rate, the companies operating in this segment should retain their investments in this segment. Companies may focus on extensive marketing and advertisements  Consolidation zone: High growth rate and high market size, the companies operating in the segments that have high market size and high growth should focus on consolidating their market position in these segment. Mergers and acquisitions, extensive marketing programs, and new product developments can be used as marketing strategies to consolidate the market in these segments.  Opportunity Zone: High growth low market size  Safe Zone: Moderate growth and moderate market size.

IGR- GROWTH MATRIX ANALYSIS Growth Rate

Opportunity Zone

Consolidation Zone

High

Low

Risky Zone

Retention Zone Market Size Low

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High North America

Europe

Asia-Pacific

RoW

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL DURABLE MEDICAL EQUIPMENT MARKET BY PRODUCT, 2016 - 2023 (REVENUE % SHARE) 2023

2016

Monitoring and Therapeutic Devices

Personal Mobility Devices

Bathroom Safety Devices and Medical Furniture

GLOBAL DURABLE MEDICAL EQUIPMENT MARKET BY PRODUCT, 2015 - 2023 (USD MILLION)

2015

2016 Monitoring and Therapeutic Devices

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2017 Personal Mobility Devices

2023

Bathroom Safety Devices and Medical Furniture

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL MONITORING AND THERAPEUTIC DEVICES BY REGIONS, 2015 - 2023 (USD MILLION)

2015

2016 North America

2017 Europe

Asia-Pacific

2023

RoW

GLOBAL PERSONAL MOBILITY DEVICES BY REGIONS, 2015 - 2023 (USD MILLION)

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL BATHROOM SAFETY DEVICES AND MEDICAL FURNITURE BY REGIONS, 2015 - 2023 (USD MILLION)

GLOBAL DURABLE MEDICAL EQUIPMENT MARKET BY REGION, 2016 - 2023 (REVENUE % SHARE)

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

GLOBAL DURABLE MEDICAL EQUIPMENT MARKET BY REGION, 2015 - 2023 (USD MILLION)

NORTH AMERICA DURABLE MEDICAL EQUIPMENT MARKET BY PRODUCT, 2015 - 2023 (USD MILLION)

2015

2016 Monitoring and Therapeutic Devices

2017 Personal Mobility Devices

2023

Bathroom Safety Devices and Medical Furniture

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Durable Medical Equipment Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023

Company Profiling Company Snapshot Invacare Corporaion CONTACT DETAILS: Address: One Invacare Way Elyria, OH 44035 United States Tele: (800) 333-6900 Website: www.invacare.com

KEY FEATURES: No. of Employees: more than xx No. of countries of operation: xx

SWOT ANALYSIS: STRENGHTS  

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WEAKNESS  

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THREATS

OPPORTUNITIES

PRODUCT PORTFOLIO:  Product 1  Product 2  Product 3

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