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High Prevalence of Respiratory Diseases to Drive Growth of Oxygen Equipment and Nebulizers



DUBLIN, June 16, 2023 /PRNewswire/ — The “Durable Medical Equipment: Global Strategic Business Report” report has been added to’s offering.

The global market for Durable Medical Equipment estimated at US$207.1 Billion in the year 2022, is projected to reach a revised size of US$363 Billion by 2030, growing at a CAGR of 7.3% over the analysis period 2022-2030.

Monitoring & Therapeutic Devices, one of the segments analyzed in the report, is projected to record a 7.2% CAGR and reach US$295.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Personal Mobility Devices segment is readjusted to a revised 8.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $77.9 Billion, While China is Forecast to Grow at 10.4% CAGR

The Durable Medical Equipment market in the U.S. is estimated at US$77.9 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$41.1 Billion by the year 2030 trailing a CAGR of 10.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$32.5 Billion by the year 2030.

Select Competitors (Total 537 Featured) –

  • Arjo AB
  • Cardinal Health, Inc.
  • Compass Health Brands
  • General Electric Company
  • Getinge AB
  • Hill-Rom Holdings, Inc.
  • Invacare Corporation
  • Koninklijke Philips N.V
  • Medical Depot, Inc. dba Drive Devilbiss Healthcare
  • Medline Industries, LP.
  • Medtronic Plc
  • Nihon Kohden Corporation
  • OMRON Corporation
  • Pride Mobility Products Corp.
  • Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • Stryker Corporation
  • Sunrise Medical Limited

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Year 2021 and Beyond
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2023
  • COVID-19 Impact on Durable Medical Equipment (DME)
  • Competition
  • Durable Medical Equipment – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • A Prelude to Durable Medical Equipment (DME)
  • Global Market Prospects and Outlook
  • Durable Medical Equipment Market Set to Witness Significant Growth
  • Developed Regions Dominate, Developing to Drive Market Growth
  • Recent Market Activity



  • Rise in Aging Population Drives Demand for Durable Medical Equipment
  • Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Elderly Population (65+ Years) as a % of Total Population by Developed, Less Developed and Least Developed Regions: 2019 & 2030
  • Life Expectancy at Birth in Years of People in Select Countries for 2020E
  • Alarming Levels of Diabetes Incidence Worldwide Drives Demand for Blood Glucose Monitors Market
  • World Diabetes and Population Statistics (2019, 2030 & 2045)
  • Global Prevalence of Diabetes: Number of Adults Diagnosed with Diabetes (in Million) by Gender for 2019, 2030 and 2045
  • World Diabetes Prevalence (2000-2019)
  • Diabetes Emerges as One of the Leading Causes of Mortality
  • Diabetes-Related Deaths as % of Total Deaths in Below 60 Years Population by Region: 2019
  • High Prevalence of Respiratory Diseases to Drive Growth of Oxygen Equipment and Nebulizers Market
  • Global Prevalence of COPD by Age Group: Percentage of Men and Women Affected by the Condition
  • Global Household COPD Prevalence by Age Group and by Region: In Percentage
  • Prevalence Percentage of COPD, Asthma, and Allergic Rhinitis for Select Countries: 2016
  • Chronic Disease Management in Developed Countries (2019): Percentage Distribution of Patient Population by Chronic Disease Type in the US, Germany, and UK
  • Personal Mobility Devices: Need for Mobility Drives Market Growth
  • Global Personal Mobility Devices Market Breakdown (in %) by Product Type: 2021
  • Favorable Trends in the Personal Mobility Devices Market Strengthen Market Prospects
  • Wheelchairs: Meeting Mobility Needs of the Elderly & Disabled for Personal, Social, and Professional Fulfillment
  • Global Wheelchairs Market Breakdown by Region/Country (in %): 2019
  • Powered Wheelchairs: Superior Attributes over Manual Wheelchairs Drive Demand
  • High-tech Wheelchairs for Spinal Cord Injury Patients
  • Rising Incidence of Neurological Conditions Drives Market Growth
  • Annual Incidence of Adult-Onset Neurologic Disorders in the US
  • Technologically Advancements Drive Durable Medical Equipment Market
  • AI & IoT: Inescapable Trends for Durable Medical & Remote Monitoring Equipment
  • Connected Devices: Bright Future of Home Patient Care
  • Advances Crystalizing Value Proposition of Durable Medical Equipment
  • Connected Durable Medical Equipment
  • Reimbursement Remains Key Determinant of Health of Durable Medical Equipment
  • Coverage under Medicare




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SOURCE Research and Markets

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