Middle-East and Africa Durable Medical Equipment (DME) Market Information by Product Type (blood pressure monitors, blood glucose monitors, ventilators, personal mobility devices, traction equipment, wheel chairs, respiratory devices, and others), by End User (hospitals and clinics, healthcare institutions, research centers, home healthcare, and others) - Forecast to 2022
The Middle-East and Africa Durable Medical Equipment Market has been evaluated as moderately growing market and it is expected that the market will continue to grow at same pace in the near future. 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 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 another factor which has given a growth to the market. There is a wide range of Durable Medical Equipment (DME) present in the market making this market competitive. Middle-East and Africa Durable Medical Equipment (DME) Market was around US$ 3.48 billion in 2015 and is expected to reach US$ 4.65 billion by 2022 which has been growing at a CAGR of 4.2% and is expected to maintain this growth rate in future as well. Factors that are responsible for the growth of this market includes high cost of some products, lack of access or availability of products in some countries, lack of knowledge etc.
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Middle-East and Africa Durable Medical Equipment (DME) Market Players:
There are plenty of large and small market players which operate in this market all over Middle East and Africa region, such as Invacare Corporation (US), Medical Depot, Inc. (US), The Braun Corporation (US), Sunrise Medical (Germany), Permobil (Sweden), Medline Industries, Inc. (US), Compass Health Brands (US), ArjoHuntleigh (Sweden), Hill-Rom (US) and GF HEALTH PRODUCTS, INC. (US)
In the Middle-East and Africa Durable Medical Equipment Market scenario, Saudi Arabia region is believed to be the largest market. Moreover UAE market is also growing and is the second largest market for DME. On the other hand, Egypt’s market of DME in these regions is expected to grow at a steady pace during the forecasted period. Rest of Middle East and Africa region is likely to have a limited but steady growth of the DME market.
Middle-East and Africa Durable Medical Equipment market has been segmented on the basis of product type which comprise blood pressure monitors, blood glucose monitors, ventilators, personal mobility devices, traction equipment, wheel chairs, respiratory devices and others. On the basis of end user, the market is segmented into hospitals and clinics, healthcare institutions, research centers, home healthcare and others.
Study Objectives of Middle-East and Africa Durable Medical Equipment (DME) Market:
To provide detail analysis of the market structure along with forecast for the next 5 years of various segments and sub-segments of the Middle-East and Africa Durable Medical Equipment (DME) market.
To provide insights about factors affecting the market growth.
To analyze the Middle-East and Africa Durable Medical Equipment (DME) market based on various analyses which includes price analysis, supply chain analysis, Porters Five Force analysis etc.
To provide past and estimated future revenue of the market’s segments and sub-segments with respect to Middle East & Africa.
To provide country level analysis of the market with respect to current market size and future growth prospect.
To provide country level analysis of the market for segments which includes by product type, end user and its sub-segments.
To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies and drawing a competitive landscape of the market.
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments in the Middle-East and Africa Durable Medical Equipment (DME) market.
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The report of Middle-East and Africa Durable Medical Equipment (DME) Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insights of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of market’s segments and regions.
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