Aging population drives demand for durable medical equipment market

Telehealth, 3D printing, and customisation are amongst the key trends.

The global durable medical equipment (DME) market, valued at $236.13b in 2024, is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2034, according to a report by Polaris Market Research.

The expanding global geriatric population is a major factor driving DME demand. Older adults are more likely to suffer from chronic conditions such as diabetes, chronic obstructive pulmonary disease (COPD), arthritis, and cardiovascular ailments, which often require monitoring, respiratory assistance, or mobility support.

Healthcare delivery is increasingly moving away from hospital-centric models toward cost-effective, patient-focused care at home.

Rising hospitalisation costs, a growing number of elderly individuals living independently, and patient preference for comfort are fuelling the adoption of portable oxygen concentrators, mobility scooters, and remote monitoring devices.

Key trends in the durable medical equipment market include telehealth and remote DME services, which enable patients to manage their care from home under clinician supervision.

Manufacturers are also focusing on sustainable and ergonomic equipment, improving comfort, energy efficiency, and using eco-friendly materials.

Advances in 3D printing and customisation are transforming rehabilitation through patient-specific prosthetics and mobility aids.

Additionally, expensive medical devices are becoming more accessible through rental, subscription, or pay-per-use models.