Global Durable Medical Equipment Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 7% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 3, 2018--The “Global Durable Medical Equipment Market - Segmented by Device Type, End User, and Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
The global durable medical equipment (DME) market is expected to register a CAGR of about 7% during the forecast period, 2018-2023.
Over the last decade, there has been a rise in the prevalence of several chronic diseases, which in several cases need long hospital stays. Some of the major chronic diseases include cancer, kidney failure, and heart diseases, etc. The World Health Organization (WHO) states that approximately 30% (nearly 18 million people) of the global deaths can be attributed to cardiovascular diseases. Monitoring and therapeutics devices play major roles in the management and diagnosis of several heart diseases, such as congenital heart diseases, valvular diseases, and arterial stiffness, and the assessment of cardiac electrophysiology and cardiovascular health.
The need for skilled professionals and improved facilities is increasing each year both in developed and emerging markets.
The Asia-Pacific region is poised to register the fastest growth rate due to the increasing R&D expenditure by governments and private companies in healthcare. Owing to a diversified patient population, the risk of life-threatening disorders in the region is high. Countries, such as China, Japan, and India, have witnessed an increased economic growth over the past five years which has helped develop improved healthcare infrastructure, thus, driving the growth of this market. The demographics in the emerging markets in the Asia-Pacific region is improving gradually.
Companies MentionedArjoHuntleigh Becton Dickinson and Company Carex Health Brands (Compass Health Brands) GF Health Products Inc. Hill-Rom Services Inc. Invacare Corporation Medline Industries Inc. Medtronic Stryker Sunrise Medical
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
7. Market Segmentation
8. Competitive Landscape
9. Key Players
10. Future of the Market
For more information about this report visit https://www.researchandmarkets.com/research/xm4pph/global_durable?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180803005346/en/
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Related Topics:Medical Devices
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 08/03/2018 10:44 AM/DISC: 08/03/2018 10:43 AM