Europe Durable Medical Equipment (DME) Market Size, Trends, Company Profiles, and its Emerging Opportunities

According to a report by market research institution P&S Intelligence, the Europe durable medical equipment market is a experiencing an upward shift, and this will continue like this in the future.

The growth of the industry in the region is credited to the increasing elderly population and the rising incidence of chronic diseases and lifestyle disorders. The elderly people are more vulnerable to illness and often require long-term care and surgical interventions.

Based on type, monitoring, and therapeutic equipment are the highly used durable medical equipment, with a considerable revenue in the future. This category will hold the largest share in the years to come, because of the increasing elderly population leading to high demand for monitoring equipment.

The scooters category is projected for considerable growth in the Europe durable medical equipment market, in the years to come. The demand for portable scooters is high in the region, it has a lot to do with providing stability to the elderly population.

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Additionally, the product has an advanced frame design that offers children to learn new skills in a safe environment.

Johnson & Johnson, Arjo AB, Handicare Group AB, Medline Industries Inc., DeVilbiss Healthcare LLC, and Hill-Rom Holdings Inc. are some of the major players operating in the industry.

It is because of the increasing incidence of chronic diseases and lifestyle-related disorders and the rising elderly population in the region, the Europe durable medical equipment industry will grow significantly in the coming years.