Durable Medical Equipment (DME) Market Is Expected To Drive The Growth At A CAGR Of 6.1% by 2026
Durable Medical Equipment (DME) Industry Overview The global Durable Medical Equipment market size was valued at USD 168.87 billion in 2018 and is expected to witness a CAGR of 6.1% over the forecast period. Durable medical equipment are intended for the management of various medical conditions and illness and offer convenience and therapeutic benefits to the patients. Growing incidence of cancer, cardiac disorders, ophthalmic ailments, neurological conditions, and gynecological complications will drive the product demand over the forecast period. Better coverage and reimbursement policies for DME products are also likely to help boost the DME market growth. In addition, rising number of elderly care centers as a result of increasing geriatric population base across the globe is projected to drive the DME market further. Gather more insights about the market drivers, restrains and growth of the Global Durable Medical Equipment Market Elderly people have low immunity levels a...