United States Durable Medical Equipment Companies (2024 - 2029)

United States Durable Medical Equipment Market Companies Summary

The COVID-19 pandemic has led to an increased demand for durable medical equipment in the US, prompting manufacturers from various industries to produce and sell these products. The government's investment in domestic manufacturing capabilities has significantly improved the country's posture in terms of quantities of Personal Protective Equipment and Durable Medical Equipment stored in domestic industrial manufacturing capacities. The rising prevalence of diseases such as cardiovascular conditions and diabetes, as well as an increased focus on home care, is driving the market for durable medical equipment in the US. The industry has also seen a rise in initiatives such as alliances among patients, prescribers, and suppliers, leading to increased adoption of durable medical equipment. For instance, an independent e-prescribe firm was founded to improve the patient, prescriber, and provider experience by reducing inefficiencies and paperwork. Additionally, a medical center launched a durable medical equipment company, planning to open a combined warehouse and second retail location in the near future. However, stringent regulatory requirements related to medical supplies and higher costs are expected to hamper market growth.