Durable Medical Equipment Market Overview, Analysis And Demand By 2034
Unlock 20% Off Global Market Reports Using Code ONLINE20 – Stay Informed on Trade Policies, Market Growth, and Key Disruptors How Is the Durable Medical Equipment Market Growth Forecast from 2025 to 2029? The durable medical equipment market size has grown strongly in recent years. It will grow from $216.92 billion in 2024 to $229.95 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. 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 $311.53 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to telehealth expansion, value-based healthcare, rising healthcare costs, global health challenges, data security conc...