Durable Medical Equipment Market Size Worth USD 414.05 Billion by 2034 | CAGR: 5.8%

The durable medical equipment market size is expected to reach USD 414.05 billion by 2034, according to a new study by Polaris Market Research. The report “Durable Medical Equipment Market Size, Share, Trends, Industry Analysis Report By Product (Personal Mobility Device, Bathroom Safety Device, Medical Furniture), By End Use, By Region– Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Durable medical equipment refers to medically necessary devices designed for long-term use to aid patients in their daily activities or treatment at home or in healthcare settings. These include items such as wheelchairs, hospital beds, walkers, oxygen equipment, and blood sugar monitors.

Governments and private insurers in many countries are expanding coverage for durable medical equipment. When insurance covers the cost, patients are more likely to get the equipment they need without financial strain. Reimbursement policies make DME more accessible, especially for expensive devices such as electric wheelchairs or hospital beds. These supportive policies increase consumer confidence and drive sales. In the U.S., for example, Medicare and Medicaid provide significant DME coverage, which encourages market growth. The market will continue to benefit from policy support as more insurers recognize the importance of DME in preventive care and recover.

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Many countries are investing in building and upgrading healthcare facilities due to growing healthcare needs. This includes more hospitals, rehabilitation centers, and elder care homes, all of which require a steady supply of durable medical equipment. Healthcare providers are also seeking better quality and more reliable equipment to improve patient care and operational efficiency. Access to care is expanding in rural and underserved areas with better infrastructure, increasing demand for DME. This growth in healthcare infrastructure ensures consistent and large-scale purchases of medical equipment, contributing significantly to the overall durable medical equipment market expansion.

Durable Medical Equipment Market Report Highlights

• In 2024, the monitoring and therapeutic devices segment held the largest market share, as products such as infusion pumps, CPAP machines, and patient monitors are vital for managing both chronic and acute health conditions.
• The ambulatory surgical centers segment is expected to witness strong growth during 2025–2034, due to increasing demand for affordable and efficient outpatient procedures such as minimally invasive surgeries.
• North America led the market in 2024 with a 38% revenue share, supported by a growing aging population and a high incidence of chronic diseases such as diabetes and heart disease.
• The Asia Pacific market is anticipated to experience significant growth during the forecast period, driven by advancements in healthcare infrastructure and greater awareness of chronic disease management.
• A few global key players in the durable medical equipment market are ArjoHuntleigh; Becton, Dickinson and Company; Carex Health Brands; GF Health Products Inc.; Hill-Rom; Invacare Corporation; Medline Industries, Inc.; Medtronic PLC; Stryker; and Sunrise Medical.

Polaris Market Research has segmented the durable medical equipment market report based on product, end use, and region:

By Product (Revenue - USD Billion, 2020–2034)

• Personal Mobility Devices
  • Wheelchairs
  • Scooters
  • Walker and Rollators
  • Cranes and Crutches
  • Door Openers
  • Other Devices
• Bathroom Safety Devices & Medical Furniture
  • Commodes and Toilets
  • Mattress & Bedding Devices
• Monitoring & Therapeutic Devices
  • Blood Sugar Monitors
  • Continuous Passive Motion (CPM)
  • Infusion Pumps Market
  • Nebulizers
  • Oxygen Equipment
  • Continuous Positive Airway Pressure (CPAP)
  • Suction Pumps
  • Traction Equipment
  • Other Equipment
    • Insulin Pumps
    • Ostomy Bags & Accessories
    • Other
• Others

By End Use (Revenue - USD Billion, 2020–2034)

• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers
• Diagnostic Centers
• Home Healthcare
• Skilled Nursing Facilities
• Others

By Regional Outlook (Revenue - USD Billion, 2020–2034)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa