Durable Medical Equipment Market Report 2025

The durable medical equipment market size has grown strongly in recent years. It will grow from $216.92 billion in 2024 to $231.73 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to chronic disease prevalence, reimbursement policies, awareness and education, healthcare infrastructure development, government initiatives, global disease outbreaks, patient empowerment.

The durable medical equipment market size is expected to see strong growth in the next few years. It will grow to $316.13 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to telehealth expansion, value-based healthcare, rising healthcare costs, global health challenges, data security concerns, focus on preventive healthcare, regulatory changes. Major trends in the forecast period include rapid technological advancements, lightweight and portable solutions, emphasis on preventive healthcare, personalization of healthcare solutions, home healthcare trends.

The growth of the durable medical equipment market is anticipated to be driven by the increasing aging population. An aging population signifies a demographic shift characterized by a rise in the proportion of older individuals within a population. With aging, there's a higher prevalence of age-related ailments, necessitating the use of durable medical equipment such as blood glucose analyzers, vital sign monitors, infusion pumps, nebulizers, and more for prolonged periods. Consequently, the surge in the aging population becomes a key driver for the durable medical equipment market. For example, as per the United Nations' projections in January 2023, the global population aged 65 years or older is expected to escalate from 761 million in 2021 to 1.6 billion by 2050, emphasizing the considerable impact of this demographic shift on the durable medical equipment market's growth.

The rising number of surgical procedures is projected to drive the growth of the durable medical equipment (DME) market in the future. Surgical procedures encompass medical interventions that involve making incisions or employing minimally invasive techniques to treat, repair, remove, or diagnose conditions within the body. Durable medical equipment plays a vital role in various surgical procedures by providing support and comfort for patients, mobility assistance, safety and stability, infection control, enhanced surgical outcomes, and shorter hospitalization durations. For example, in June 2024, a report from the International Society of Aesthetic Plastic Surgery, a US-based organization for board-certified aesthetic plastic surgeons, indicated that the total number of surgical and non-surgical procedures increased by 3.4% in 2023, reaching 34.9 million. Procedures related to the face and head experienced notable growth, totaling over 6.5 million, which is a 19.6% rise from the previous year. Noteworthy procedures included eyelid surgeries, with more than 1.7 million performed and a 24% increase, rhinoplasties with 1.1 million procedures reflecting a 21.6% rise, and lip enhancement/perioral procedures, which grew by 29% to reach 0.9 million. Thus, the increasing number of surgical procedures is propelling the growth of the durable medical equipment market.

Technological advancements emerge as a prominent trend shaping the durable medical equipment market. Major industry players are actively integrating new technologies to fortify their market standing. For instance, in March 2023, Dexcom, a US-based developer and distributor of continuous glucose monitoring systems, introduced the Dexcom G6 CGM System for eligible patients with type 1 and type 2 diabetes in Canada. This system utilizes a small wearable sensor and transmitter to continuously measure glucose levels and wirelessly transmit this data to a smart device, exemplifying the advancements in continuous glucose monitoring technology aimed at enhancing patient care and management.

Leading companies within the durable medical equipment market are prioritizing strategic partnerships to enhance their operational capabilities. These partnerships involve leveraging each other's strengths and resources to achieve mutual benefits and success. An example of this occurred in November 2023 when Humana Inc., a for-profit American health insurance company based in Kentucky, collaborated with two national durable medical equipment (DME) organizations such as AdaptHealth Corp. and Rotech Healthcare Inc. This partnership aimed to offer improved DME services to its Medicare Advantage HMO members. The objective was to enhance access to durable medical equipment, provide enhanced value, and streamline the experience for individuals managing their health at home. AdaptHealth Corp. is a home healthcare equipment company based in Pennsylvania, while Rotech Healthcare Inc., located in Florida, specializes in providing ventilators, oxygen, sleep apnea treatment, wound care solutions, and home medical equipment.

In December 2022, Atlas Copco, a Sweden-based company renowned for manufacturing industrial tools and equipment, acquired Shandong Meditech Medical Technology for an undisclosed sum. This strategic acquisition by Atlas Copco aims to bolster its portfolio and expertise, intending to expand its footprint in the healthcare sector, specifically in the global oxygen market. Meditech Equipment Co. Ltd., based in China, specializes in the manufacture of medical equipment and oxygen generators. Through this acquisition, Atlas Copco aims to solidify its presence and offerings in the medical equipment domain, particularly focusing on the growing demand for oxygen-related solutions worldwide.

Major companies operating in the durable medical equipment market include Invacare Corporation, GF Health Products Inc., Stryker Corporation, Hill-Rom Holdings Inc., Siemens Healthcare GmbH, Koninklijke Philips NV, Sunrise Medical Inc., Drive Medical, Masimo Corporation, Becton Dickinson and Company, Getinge AB, Medtronic PLC, Nihon Kohden Corporation, Mindray Medical International Limited, ArjoHuntleigh, Permobil AB, ResMed Inc., OMRON Corporation, Medline Industries Inc., Abbott, Compass Health Brands, GE Electric Company, Pride Mobility, Baxter International Inc., Roche Diagnostic Equipment, SAMAPLAST.

North America was the largest region in the durable medical equipment market in 2024. The regions covered in the durable medical equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the durable medical equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Durable medical equipment (DME) comprises medical devices or supplies necessary for maintaining a person’s health on a long-term basis. These items are prescribed by a doctor, qualified nurse practitioner, physician assistant, or clinical nurse specialist for a patient's routine and extended use.

The primary types of durable medical equipment include personal mobility devices, bathroom safety devices and medical furniture, monitoring and therapeutic devices, and others. Personal mobility devices are designed to assist with walking and enhance the mobility of individuals with physical and mobility impairments. Payment for durable medical equipment can be facilitated through public, private, or out-of-pocket payer modes. These devices find application in various settings, including hospitals, nursing homes, home healthcare, and others.

The durable medical equipment market research report is one of a series of new reports that provides durable medical equipment market statistics, including durable medical equipment industry global market size, regional shares, competitors with a durable medical equipment market share, detailed durable medical equipment market segments, market trends and opportunities, and any further data you may need to thrive in the durable medical equipment industry. This durable medical equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The durable medical equipment market consists of sales of wheelchairs, scooters, walkers, and rollators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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