According to the research report titled ‘U.S. Durable Medical Equipment Market Share, Size, Trends, Industry Analysis Report, By Product ; By End User: Segment Forecast, 2020 – 2026’, available with Market Study Report, U.S. durable medical equipment market valuation is expected to account for USD 76.32 billion by the year 2026.
 

Focus among medical device manufacturers towards development of innovative equipment with better reliability and durability in order to enhance the patient quality of life is a major factor driving the growth of U.S. durable medical equipment market. Rising adoption of home healthcare solutions, growing geriatric population and growing demand for supportive care in comfortable settings are further augmenting the industry remuneration in the United States.
 

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High occurrence of chronic disorders, technological advancements and supportive government initiatives towards improving healthcare infrastructure are also fostering the demand for durable medical equipment in the U.S., thereby favoring the market scenario.
 

Favorable insurance policies for durable medical equipment have made the product relatively affordable. In addition, escalating healthcare expenditure and rising prevalence of infectious diseases are boosting U.S. durable medical equipment industry outlook. However, factors such as inconsistent performance concerns have compelled healthcare professionals to adopt alternatives, which in turn may act as a restraining factor to the growth of the overall market.
 

Based on the product landscape, U.S. durable medical equipment industry is segmented into monitoring & therapeutic devices, bathroom safety devices & medical furniture and personal mobility devices. The end-user scope of the overall market includes home healthcare, diagnostic centers, ambulatory surgical centers, specialty clinics, hospitals and others.
 

Carex Health Brands Inc., GF Health Products Inc., Medical Device Depot Inc., Medline Industries Inc., Stryker Corp., Hill-Rom, Arjo Huntleigh, Sunrise Medical Inc., Invacare Corporation are the major companies in U.S. durable medical equipment market.