GITNUX MARKETDATA REPORT 2024

Durable Medical Equipment Industry Statistics

The Durable Medical Equipment Industry is expected to continue growing steadily, driven by an aging population and increasing prevalence of chronic illnesses.

Statistic 1

"The U.S. durable medical equipment market size was valued at $52.9 billion in 2020."

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Statistic 2

"In 2019, Medicare spending on DME was approximately $7.7 billion."

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Statistic 3

"Technological advancements in healthcare are expected to boost the DME market significantly."

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Statistic 4

"The global durable medical equipment market was valued at $183.48 billion in 2020."

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Statistic 5

"Respiratory products represent over 20% of the market share in the DME industry."

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Statistic 6

"The top 10 players account for nearly 40% of the total DME market share."

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Statistic 7

"Online sales channels for DME are expected to grow at a CAGR of 7% from 2021 to 2028."

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Statistic 8

"The aging population is a significant driver, with around 16% of the U.S. population aged 65 or older in 2020."

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Statistic 9

"The North American DME market was valued at $76 billion in 2020."

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Statistic 10

"The DME market in the Asia-Pacific region is projected to grow at the fastest rate, with a CAGR of 8.1% from 2021 to 2028."

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Statistic 11

"Portable medical devices in the DME market are expected to grow at a CAGR of 7.5% from 2021 to 2028."

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Statistic 12

"Governmental regulations and reimbursement policies significantly impact the DME market."

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Statistic 13

"The hospital segment accounted for over 30% of the DME market in 2020."

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Statistic 14

"The leasing and rental segment of the DME market is growing, with a CAGR of over 5% expected from 2021 to 2028."

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Statistic 15

"Home healthcare constitutes about 40% of the DME market."

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Statistic 16

"Prolonged post-surgical recovery periods contribute significantly to the demand for DME."

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Statistic 17

"Approximately 35% of durable medical equipment is used by patients with chronic diseases."

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Statistic 18

"The mobility aids segment accounted for over 25% of the global DME market in 2020."

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Statistic 19

"More than 12,000 companies are involved in the manufacturing and distribution of DME in the U.S."

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Statistic 20

"The global DME market is expected to grow at a CAGR of 6.2% from 2021 to 2028."

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