Durable Medical Equipment Market Will Grow Rapidly In Coming Years

The global durable medical equipment market is experiencing steady growth as healthcare systems increasingly shift toward home-based care, remote monitoring, and long-term disease management. Rising chronic disease prevalence, an aging population, and growing demand for post-surgery and rehabilitation care are increasing the use of mobility aids, respiratory equipment, monitoring devices, and therapeutic equipment. At the same time, smart, connected, lightweight, and AI-enabled medical devices are improving patient convenience and supporting more efficient care delivery across hospitals and home healthcare settings.

Market Overview and Key Facts

The global durable medical equipment market was valued at USD 246.0 billion in 2025 and is estimated to reach USD 260.8 billion in 2026. The market is projected to reach USD 379.8 billion by 2033, expanding at a CAGR of 5.5% from 2026 to 2033. North America dominated the market in 2025, accounting for 36.3% of global revenue.

Key market statistics include:

• Market Size (2025): USD 246.0 billion
• Market Size (2026): USD 260.8 billion
• Projected Market Value (2033): USD 379.8 billion
• Market CAGR: 5.5% from 2026 to 2033
• Dominant Region: North America, with 36.3% revenue share
• Leading Product Segment: Monitoring and therapeutic devices, with 89.5% revenue share
• Leading End Use: Hospitals, with 34.1% revenue share
• Fastest-growing End Use: Home healthcare
• Fastest-growing Product Segment: Bathroom safety devices and medical furniture

The market is supported by growing demand for equipment that enables patients to manage chronic conditions and recover outside traditional hospital environments. Reimbursement policies, healthcare infrastructure investments, and technological development are also contributing to market expansion.

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Market Segmentation and Growth Dynamics

The durable medical equipment market is segmented by product, end use, and region. Product categories include personal mobility devices, bathroom safety devices and medical furniture, and monitoring and therapeutic devices. Personal mobility devices include wheelchairs, scooters, walkers, rollators, canes, and crutches. Monitoring and therapeutic equipment includes blood sugar monitors, infusion pumps, nebulizers, oxygen equipment, CPAP devices, and other therapeutic products.

Monitoring and therapeutic devices represented the largest product segment in 2025, with an 89.5% revenue share. These products are widely used for continuous monitoring, treatment support, rehabilitation, and home healthcare. The segment is also expected to record the fastest CAGR during the forecast period.

Bathroom safety devices and medical furniture are expected to experience strong growth as aging populations increase demand for fall-prevention products, supportive furniture, patient beds, and accessible bathroom equipment. Product innovation is increasingly focused on comfort, portability, safety, and ease of use.

By end use, hospitals accounted for 34.1% of market revenue in 2025, supported by demand for advanced patient care, surgical support, monitoring, and therapeutic equipment. Home healthcare is expected to register the fastest growth as patients increasingly seek convenient long-term care solutions outside hospitals.

Technology is another important growth factor. AI-enabled monitoring, IoT connectivity, telehealth-compatible equipment, lightweight materials, improved battery efficiency, and portable designs are helping manufacturers develop more patient-friendly equipment. These innovations are particularly relevant to home healthcare and remote patient monitoring.

Regional Insights

• North America: North America held the largest regional revenue share of 3% in 2025. The region benefits from an aging population, high healthcare spending, chronic disease management requirements, and strong demand for home healthcare equipment. The U.S. accounted for the largest share within North America. Connected medical devices and remote monitoring solutions are gaining adoption as more patients receive care outside traditional hospital settings.
• Europe: Europe is seeing increased adoption of durable medical equipment as healthcare systems focus on aging care, chronic disease management, and reducing hospital stays. Home healthcare solutions, portable monitoring devices, and connected equipment are gaining importance, supported by healthcare expenditure and reimbursement systems in several countries.
• Asia Pacific: Asia Pacific is expanding as healthcare infrastructure improves and awareness of long-term care increases. Aging populations, rising chronic disease rates, and higher healthcare spending are supporting demand for mobility aids, home healthcare products, and patient monitoring equipment. China is investing in healthcare modernization, while manufacturers are developing cost-competitive products for domestic and regional markets.
• Latin America: The region is gradually expanding as healthcare systems strengthen and demand increases for mobility aids, monitoring equipment, and home healthcare products. Improved healthcare infrastructure and insurance coverage are supporting wider adoption.
• Middle East and Africa: Growing healthcare infrastructure investments and increasing awareness of long-term care are creating opportunities for mobility, respiratory, and home healthcare equipment. Public and private healthcare initiatives are also supporting market development.

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Competitive Landscape

The durable medical equipment market includes global healthcare corporations, specialized medical device manufacturers, mobility equipment providers, and home healthcare companies. Competition is influenced by product reliability, technological capabilities, distribution networks, regulatory expertise, and reimbursement alignment.

Key companies profiled by Grand View Research include:

• Invacare Corporation
• Arjo
• Stryker Corporation
• Hill-Rom, Inc. (Baxter)
• Drive Medical
• GF Health Products, Inc.
• Sunrise Medical
• Medline Industries
• BD
• GE HealthCare
• Medtronic
• Getinge AB
• ResMed Inc.
• Cardinal Health
• Pride Mobility Products Corporation
• Inogen, Inc.
• CAIRE, Inc.
• Numotion
• ZOLL Medical Corporation
• Enovis Corporation

Companies are increasingly focusing on smart equipment, personalized mobility solutions, connected monitoring, lightweight designs, and home healthcare technologies. Recent developments include new extended-care beds, advanced mobility products, smart infusion pump integration, and longer-wear glucose monitoring systems.

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