U.S. Durable Medical Equipment Market Share To Reach Scalable Heights Of Growth
U.S. Durable Medical Equipment Industry The U.S. durable medical equipment (DME) market was valued at USD 66.81 billion in 2024, and it is expected to expand at a compound annual growth rate (CAGR) of 5.61% from 2025 through 2030. This anticipated growth is primarily fueled by an increasing demand for such products, largely due to the expanding elderly population in the country, which is more vulnerable to a wide range of chronic health conditions. As per the 2023 annual report by America’s Health Rankings, about 43% of the population in the U.S.—equivalent to roughly 133 million individuals—were experiencing one or more chronic health conditions in 2022. Additionally, during the same year, over 29 million adults were found to be living with three or more chronic illnesses. These health issues, which include ailments like arthritis, asthma, chronic kidney disease, Chronic Obstructive Pulmonary Disease (COPD), cardiovascular disease, various forms of cancer, depression, and diabet...