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Showing posts with the label Durable Medical Equipment Market Research

Durable Medical Equipment Market Report Predicts Impressive Growth by 2030 just published

Durable Medical Equipment Market Durable Medical Equipment or home medical equipment provides therapeutic benefits to patients. They are easy to use and does not need any special skill or training thus can easily be managed by a caretaker or a family member of the patient. Increasing per capita income, healthcare expenditure and aging population in Middle East and Africa are driving the DME market’s growth. The Durable Medical Equipment Market is projected to reach USD 303.3 billion by 2030 at 4.72 % CAGR during the forecast period 2023-2030. The Middle East and Africa healthcare sector is growing by 10% annually and it comprise 2% of the total global healthcare expenditure. Huge Investment in R&D by DME manufacturers are leading to more innovative product development. Developing infrastructure, government initiatives, extended insurance coverage and increasing awareness are major drivers of this market. Growing number of road accidents resulting in accident disability is an