San Francisco, Sept. 06, 2016 (GLOBE NEWSWIRE) -- The global durable medical equipment (DME) market is expected to reach USD 242.1 billion by 2024, according to a new report by Grand View Research, Inc. With the aid of government funding and public private partnership the numbers of healthcare settings are increasing. This is anticipated to create opportunities for market players facilitating demand for DME. Home healthcare is a cost effective alternative, and growing usage of these equipment in home healthcare acts as a vital driver for the market growth. Geriatric population is key target population for these devices. Growing geriatric population base is anticipated to accentuate the growth. Furthermore, geriatric population is susceptible to develop chronic diseases which demands long term care hence, increasing geriatric population coupled with rising prevalence of chronic disorders is projected to foster the usage of durable medical equipment.
Browse full research report with TOC on “Durable Medical Equipment (DME) Market Analysis by Product (Personal Mobility Devices, Bathroom Safety Devices and Medical Furniture, Monitoring and Therapeutic Devices) by End-Use (Hospitals, Nursing Homes, Home Healthcare) and Segment Forecasts to 2024” at: http://www.grandviewresearch.com/industry-analysis/durable-medical-equipment-dme-market
Further key findings from the study suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global DME market on the basis of product, end-use and region.
Global Durable Medical Devices Product Outlook (Revenue, USD Million, 2013 - 2024)
Global Durable Medical Devices End-Use Outlook (Revenue, USD Million, 2013 - 2024)
Durable Medical Devices Regional Outlook (Revenue, USD Million, 2013 - 2024)
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