Durable Medical Equipment In Healthcare Market Comprehensive Study Explore Huge Growth in Future


Posted November 29, 2021 by Absolute

Durable Medical Equipment In Healthcare Market Comprehensive Study Explore Huge Growth in Future
 
The market study and analysis conducted in this Durable Medical Equipment In Healthcare report also assists to figure out types of consumers, their views about the product, their buying intentions and their ideas for advancement of a product. This market research report has been prepared by thoroughly comprehending specific requirements of the business. The Durable Medical Equipment In Healthcare report explains a thorough study of current situation of the global market along with several market dynamics. It explains various definitions and segmentation or classifications of the industry, applications of the industry and value chain structure. So, take your business to the peak level of growth with this all-inclusive Durable Medical Equipment In Healthcare market research report.

Global Durable Medical Equipment in Healthcare Market was valued at US$ 177174.7 million in 2018 and is anticipated to reach US$ 304156.4 million by 2027, growing at an estimated CAGR of 6.2% over the forecast period. Some of the key companies in Durable Medical Equipment in Healthcare Market include Invacare Corporation; ArjoHuntleigh; Stryker Corporation; Hill Rom, Inc.; Drive Medical; GF Health Products, Inc.; Sunrise Medical; Medline Industries, Inc.; and Carex Health Brands, Inc. These firms focus on strategic acquisitions, agreement, and partnerships for business development.

Read More @ https://www.absolutemarketsinsights.com/reports/Global-Durable-Medical-Equipment-in-Healthcare-Market-2019-2027-508

Durable medical equipment (DME) is any healthcare equipment that delivers therapeutic assistances to a patient due to various medical conditions or illnesses that has the ability to withstand repeated use, and is majorly and customarily cast-off to aid medical resolution, and is appropriate for home usage. It consists of diverse items, like walkers, oxygen tanks and wheelchairs. Durable medical equipment is generally prescribed by a medical practitioner, where in a person buying the equipment from a durable equipment provider or the doctor providing the diagnosis himself informed durable medical equipment companies to deliver it to the patient’s residential location.

This is the situation where the price transparency is present in the Durable Medical Equipment in Healthcare Market. A knee brace might cost anywhere from a range of $200 to $1600. Durable medical equipment billing then gets flawed due to double bills and inappropriate expenses. Price transparency generally means to how much extent the information can be availed. It has involvement when all parties engaged in trading are conscious about the price incurred for the equipment. i.e. alertness and information regarding the bid price and ask price at numerous price levels, along with the amount of any goods or service involved. This also further leads to inconsistency in the billing and coding, and further affects the overall revenue management.

Global Durable Medical Equipment in Healthcare Market:

By Device type


Personal Mobility Devices,
Medical Furniture and Bathroom Safety Devices,
Monitoring and Therapeutic Devices
By End-user


Hospital/Clinic
Ambulatory Surgical Center
Other End Users
By Region

North America
Europe
Rest of Europe
Asia Pacific
Rest of Asia Pacific
Middle East & Africa
Latin America
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Issued By AMI
Country United States
Categories Research
Last Updated November 29, 2021