Sustainable medical equipment market | Global Industry Analysis by Trends, Size, Share, Company Overview
Growing aging population and increasing adoption of advanced medical equipment in developing countries
VANCOUVER, BC, CANADA, December 19, 2021 /EINPresswire.com/ — Global Sustainable medical equipment market research A report published by Emergen Research describes in detail the vital aspects of the sustainable medical equipment market on a global and regional level. The report offers a comprehensive assessment of recent technological developments, product advancements, current and emerging trends, key statistical data, forecast estimates, and major companies operating in the market.
Growing number of disabled care centers and surgical and outpatient services, hospitals and nursing homes, and major prevalence of cancer, ophthalmic conditions, cardiac disorders, neurological disorders and gynecological disorders, associated with a population Rapidly increasing geriatric, continuous technological advancement in the medical field equipment manufacturing are major factors driving the revenue growth of the global sustainable medical equipment market. Durable medical equipment is designed to handle various medical conditions, diseases and provide therapeutic benefits and convenience to patients.
Sustainable medical equipment is segmented into personal mobility devices, bathroom safety devices and medical furniture, monitoring devices and therapeutic devices. Personal mobility devices refer to devices that provide mobility to users who are unable to move or walk. This category includes scooters, wheelchairs, walkers, crutches and canes. The personal mobility devices segment accounted for the largest share of the global market revenue in 2020, which can be attributed to the increasing number of elderly patients, healthcare facilities and the major prevalence of chronic disorders.
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The research report includes a separate chapter for qualitative analysis. We took a descriptive approach when writing the chapter. Both macro and micro economic factors define market share and growth. These factors have been carefully understood from secondary and primary sources. All these factors have been explained under headings, namely growth factors, growth restraining factors, market and technology trends etc. Based on contribution and growth potential, five countries were chosen for the PESTEL analysis and the same was described in the report.
The research report offers in-depth information on company profiles as well as their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, launches product and brand promotions, government and corporate agreements, among others. The report further offers a comprehensive SWOT analysis and Porter’s five forces analysis to offer a better understanding of the industry competitive landscape.
Main actors presented in the report:
Invacare Corporation, GE Healthcare, Stryker Corporation, Hill Rom, Inc., Drive Medical, GF Health Products, Inc., Sunrise Medical, Medline Industries, Inc., Carex Health Brands, Inc. and Intco Medical.
The report analyzes the market on the basis of different categories such as product types, end-user applications, and major geographies. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.
For the purpose of this report, Emergen Research has segmented the global durable medical equipment market on the basis of product type, payers, end use, and region:
Product Type Outlook (Revenue, USD Billion; 2018-2028)
Safety devices for bathrooms and medical furniture
Personal mobility devices
Monitoring and therapeutic devices
Payers Outlook (Revenue, USD Billion; 2018-2028)
From the pocket
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Long-term care centers
Home care settings
Ambulatory surgery centers
Major regions include North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa. The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand. demand, production and consumption models, import / export and the presence of key players in each region.
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Key questions addressed in the report:
What is the growth rate of the durable medical equipment market? What is the forecast valuation of the durable medical equipment industry market by 2027?
What are the major growth and restraining factors of the durable medical equipment market?
Who are the main players operating in the market? What are the key strategies adopted by these companies?
What are the major opportunities and growth prospects of the Durable Medical Equipment industry during the forecast period?
Which region is expected to show significant growth in the coming years?
Further, the report provides a comprehensive overview of the durable medical equipment market along with the product portfolio and market performance. The report offers key market share information, supply chain analysis, demand and supply ratio, import / export details, and product and consumption patterns. To gain a better understanding, the report is then segmented into sections such as product types offered by the market, application spectrum, companies, and key geographies where the market has established its presence.
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