8/12/2025, 4:42:00 AM | www.globenewswire.com | news

    US Durable Medical Equipment Market Forecast to Grow at 5.03% CAGR

    The United States Durable Medical Equipment (DME) market is projected to grow at a compound annual growth rate (CAGR) of 5.03% from 2025 to 2033, reaching $97.10 billion by 2033. Growth is driven by an aging population, rising chronic disease prevalence, increased demand for home healthcare, and technological advancements in devices such as smart wheelchairs, glucose monitors, and telehealth-integrated equipment. Key market segments include personal mobility devices and monitoring/therapeutic equipment. Major players like Invacare, Abbott, and Medtronic are leading innovation. California and New York are highlighted as key markets due to demographic and healthcare infrastructure factors. However, high costs, complex reimbursement processes, and strict regulatory requirements from the FDA, CMS, and state agencies present significant challenges for both patients and new entrants.

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