The U.S. Durable Medical Equipment Market size is expected to reach USD 79.6 billion by 2027, exhibiting a 6.0% CAGR over the forecast period, according to a new report published by Grand View Research, Inc. Increasing incidence of cancer and other diseases such as diabetes, rheumatoid arthritis, and multiple sclerosis is projected to propel the growth. In addition, increasing approvals of durable medical equipment (DME) is anticipated to drive the product adoption. Rising prevalence of chronic diseases requiring long-term care, rapidly growing geriatric population, and increasing penetration of home healthcare services and staff are other factors driving the product demand.
The demand for durable medical equipment is expected to witness rise over the forecast period, as they are designed in accordance with patient acceptance and compliance. Rapid technological developments and investments in R&D activities by the key market players are anticipated to make these product more convenient and user-friendly. This is encouraging patients to adopt this DME technology for chronic illnesses, which in turn is projected to drive the growth of the market in the forthcoming years.
Request a Sample Copy of the U.S. Durable Medical Equipment Market Research Report @ https://www.grandviewresearch.com/industry-analysis/us-durable-medical-equipment-dme-market/request/rs1
Further key findings from the report suggest:
Have Any Query? Ask Our Experts@ https://www.grandviewresearch.com/inquiry/4480/ibb
Grand View Research has segmented the U.S. durable medical equipment market based on product type:
U.S. Durable Medical Equipment Product Type Outlook (Revenue, USD Million, 2016 – 2027)
Browse Related Research Reports on Medical Devices Industry @
Ambulance Equipment Market: https://www.grandviewresearch.com/industry-analysis/ambulance-equipment-market
Recreational Oxygen Equipment Market: https://www.grandviewresearch.com/industry-analysis/recreational-oxygen-equipment-market
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Media ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.Email: Send EmailPhone: 1-415-349-0058, Toll Free: 1-888-202-9519Address:201, Spear Street, 1100 City: San FranciscoState: CaliforniaCountry: United StatesWebsite: https://www.grandviewresearch.com/industry-analysis/us-durable-medical-equipment-dme-market