Medical Equipment Rental Market Size, Share & Trends Analysis Report by End-use (Personal, Institutes, Hospitals), Product (Storage & Transport, Durable, Surgical), Region, and Segment Forecasts, 2023-2030

The global medical equipment rental market size is expected to reach USD 86.2 billion by 2030., progressing at a CAGR of 5.9% from 2023 to 2030. The high number of geriatric and disabled population coupled with rising need for home healthcare products is propelling the market.

Rising demand for technologically advanced clinical devices and increasing healthcare expenditure is encouraging R&D activities in the medical devices industry are resulting in the launch of expensive variants of medical products. This is anticipated to positively influence the growth of the medical equipment rental market.

Dominance of durable medical equipment (DME) can be attributed to increasing adoption of personal mobility and assist aids by disabled individuals. In addition, surging demand for monitoring and therapeutic instruments owing to the increasing patient pool and continuous technological upgrades in these devices are spurring the growth of the DME rental market.

Emergence of financial services for leasing healthcare apparatus in the past few years has emerged to be a boon for hospitals, institutes, and other healthcare providers. Moreover, renting equipment confers cost benefits to end users, as it reduces ownership costs and in turn allows these players to adopt advanced product modules.

Rising concerns regarding palliative care coupled with regulatory transformations for the same are poised to augment the market. Regulatory transformation or programs adopted by hospitals for palliative care are resulting in increased demand for rental equipment.

Medical Equipment Rental Market Report Highlights

The durable medical equipment (DME) segment acquired the highest share of the market in 2022. The rising need for mobility and assistance equipment owing to the increasing disabled and geriatric population is contributing to market growth.
The hospital segment accounted for the largest revenue share of around 41.1% of the market in 2022.
North America dominated the market in terms of revenue share of over 32% in 2022.

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.1.1. Product
1.1.2. End Use
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product outlook
2.2.2. End Use outlook
2.2.3. Regional outlook
2.3. Competitive Insights

Chapter 3. Medical Equipment Rental Market Variables, Trends & Scope

3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.4. Medical Equipment Rental Market Analysis Tools
3.4.1. Industry Analysis - Porter’s Five Forces
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic landscape

Chapter 4. Medical Equipment Rental Market: Product Estimates & Trend Analysis

4.1. Medical Equipment Rental Market: Key Takeaways
4.2. Medical Equipment Rental Market: Product Movement & Market Share Analysis, 2022 & 2030
4.3. Surgical Equipment
4.3.1. Surgical equipment market estimates and forecasts, 2018 to 2030 (USD Million)
4.4. Durable Medical Equipment
4.4.1. Durable medical equipment market estimates and forecasts, 2018 to 2030 (USD Million)
4.4.2. Personal mobility devices
4.4.2.1. Personal mobility devices market estimates and forecasts, 2018 to 2030 (USD Million)
4.4.3. Bathroom safety and medical furniture
4.4.3.1. Bathroom safety and furniture market estimates and forecasts, 2018 to 2030 (USD Million)
4.4.4. Monitoring and therapeutic devices
4.4.4.1. Monitoring and therapeutic devices market estimates and forecasts, 2018 to 2030 (USD Million)
4.5. Storage and Transport
4.5.1. Storage and transport market estimates and forecasts, 2018 to 2030 (USD Million)

Chapter 5. Medical Equipment Rental Market: End-use Estimates & Trend Analysis

5.1. Medical Equipment Rental Market: Key Takeaways
5.2. Medical Equipment Rental Market: End-use Movement & Market Share Analysis, 2022 & 2030
5.3. Personal/Home Care
5.3.1. Personal/home care market estimates and forecasts, 2018 to 2030 (USD Million)
5.4. Institutes and Laboratories
5.4.1. Institutes and laboratories market estimates and forecasts, 2018 to 2030 (USD Million)
5.5. Hospitals
5.5.1. Hospitals market estimates and forecasts, 2018 to 2030 (USD Million)

Chapter 6. Medical Equipment Rental Market: Regional Estimates & Trend Analysis

6.1. Regional Outlook
6.2. Medical Equipment Rental Market by Region: Key Takeaways
6.3. North America
6.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.3.2. U.S.
6.3.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.3.3. Canada
6.3.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.4. Europe
6.4.1. UK
6.4.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.4.2. Germany
6.4.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.4.3. France
6.4.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.4.4. Italy
6.4.4.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.4.5. Spain
6.4.5.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.4.6. Denmark
6.4.6.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.4.7. Sweden
6.4.7.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.4.8. Norway
6.4.8.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.5. Asia-Pacific
6.5.1. Japan
6.5.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.5.2. China
6.5.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.5.3. India
6.5.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.5.4. Australia
6.5.4.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.5.5. Thailand
6.5.5.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.5.6. South Korea
6.5.6.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.6. Latin America
6.6.1. Brazil
6.6.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.6.2. Mexico
6.6.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.6.3. Argentina
6.6.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.7. MEA
6.7.1. South Africa
6.7.1.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.7.2. Saudi Arabia
6.7.2.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.7.3. UAE
6.7.3.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)
6.7.4. Kuwait
6.7.4.1. Market estimates and forecasts, 2018-2030 (Revenue, USD Million)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company/Competition Categorization
7.2.1. Westside Medical Supply
7.2.1.1. Company overview
7.2.1.2. Financial performance
7.2.1.3. Product benchmarking
7.2.1.4. Strategic initiatives
7.2.2. Nunn’s Home Medical Equipment
7.2.2.1. Company overview
7.2.2.2. Financial performance
7.2.2.3. Product benchmarking
7.2.2.4. Strategic initiatives
7.2.3. Universal Hospital Services
7.2.3.1. Company overview
7.2.3.2. Financial performance
7.2.3.3. Product benchmarking
7.2.3.4. Strategic initiatives
7.2.4. Woodley Equipment Company Ltd.
7.2.4.1. Company overview
7.2.4.2. Financial performance
7.2.4.3. Product benchmarking
7.2.4.4. Strategic initiatives
7.2.5. Siemens Financial Services, Inc.
7.2.5.1. Company overview
7.2.5.2. Financial performance
7.2.5.3. Product benchmarking
7.2.5.4. Strategic initiatives
7.2.6. Stryker Corporation
7.2.6.1. Company overview
7.2.6.2. Financial performance
7.2.6.3. Product benchmarking
7.2.6.4. Strategic initiatives
7.2.7. Hill-Rom Holdings Inc.
7.2.7.1. Company overview
7.2.7.2. Financial performance
7.2.7.3. Product benchmarking
7.2.7.4. Strategic initiatives
7.2.8. Apria Healthcare Group Inc.
7.2.8.1. Company overview
7.2.8.2. Financial performance
7.2.8.3. Product benchmarking
7.2.8.4. Strategic initiatives
7.2.9. Agiliti Health Inc.
7.2.9.1. Company overview
7.2.9.2. Financial performance
7.2.9.3. Product benchmarking
7.2.9.4. Strategic initiatives
7.2.10. Avante Health Solutions
7.2.10.1. Company overview
7.2.10.2. Financial performance
7.2.10.3. Product benchmarking
7.2.10.4. Strategic initiatives
7.2.11. GE Healthcare
7.2.11.1. Company overview
7.2.11.2. Financial performance
7.2.11.3. Product benchmarking
7.2.11.4. Strategic initiatives
7.2.12. Centric Health Ltd.
7.2.12.1. Company overview
7.2.12.2. Financial performance
7.2.12.3. Product benchmarking
7.2.12.4. Strategic initiatives
7.2.13. US Med-Equip
7.2.13.1. Company overview
7.2.13.2. Financial performance
7.2.13.3. Product benchmarking
7.2.13.4. Strategic initiatives

List of Tables

Table 1 List of Abbreviations
Table 2 North America Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 3 North America Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 4 North America Medical Equipment Rental Market, by region, 2018-2030 (USD Million)
Table 5 U.S. Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 6 U.S. Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 7 Canada Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 8 Canada Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 9 Europe Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 10 Europe Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 11 Europe Medical Equipment Rental Market, by region, (USD Million) 2018-2030
Table 12 UK Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 13 UK Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 14 Germany Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 15 Germany Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 16 France Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 17 France Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 18 Italy Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 19 Italy Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 20 Spain Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 21 Spain Medical Equipment Rental Market, by End Use, (USD Million) 2018-2030
Table 22 Denmark Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 23 Denmark Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 24 Sweden Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 25 Sweden Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 26 Norway Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 27 Norway Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 28 Asia-Pacific Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 29 Asia-Pacific Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 30 Asia-Pacific Medical Equipment Rental Market, by region, 2018-2030 (USD Million)
Table 31 China Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 32 China Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 33 Japan Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 34 Japan Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 35 India Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 36 India Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 37 Australia Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 38 Australia Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 39 Thailand Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 40 Thailand Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 41 South Korea Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 42 South Korea Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 43 Latin America Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 44 Latin America Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 45 Latin America Medical Equipment Rental Market, by region, 2018-2030 (USD Million)
Table 46 Brazil Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 47 Brazil Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 48 Mexico Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 49 Mexico Medical Equipment Rental market, by End Use, 2018-2030 (USD Million)
Table 50 Argentina Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 51 Argentina Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 52 Middle East and Africa Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 53 Middle East and Africa Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 54 Middle East and Africa Medical Equipment Rental Market, by region, 2018-2030 (USD Million)
Table 55 South Africa Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 56 South Africa Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 57 Saudi Arabia Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 58 Saudi Arabia Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 59 UAE Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 60 UAE Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)
Table 61 Kuwait Medical Equipment Rental Market, by Product, 2018-2030 (USD Million)
Table 62 Kuwait Medical Equipment Rental Market, by End Use, 2018-2030 (USD Million)

List of Figures

Figure 1 Market research process
Figure 2 Data triangulation techniques
Figure 3 Primary research pattern
Figure 4 Market research approaches
Figure 5 QFD modeling for market share assessment
Figure 6 Market formulation & validation
Figure 7 Medical equipment rental market: market outlook
Figure 8 Medical equipment rental competitive insights
Figure 9 Parent market outlook
Figure 10 Related/ancillary market outlook
Figure 11 Penetration and growth prospect mapping
Figure 12 Medical equipment rental market driver impact
Figure 13 Medical equipment rental market restraint impact
Figure 14 Medical equipment rental market strategic initiatives analysis
Figure 15 Medical equipment rental market: product movement analysis
Figure 16 Medical equipment rental market: product outlook and key takeaways
Figure 17 Surgical equipment market estimates and forecasts, 2018-2030 (USD Million)
Figure 18 Durable medical equipment market estimates and forecasts, 2018-2030 (USD Million)
Figure 19 Personal mobility devices market estimates and forecasts, 2018-2030 (USD Million)
Figure 20 Bathroom safety and medical furniture market estimates and forecasts, 2018-2030 (USD Million)
Figure 21 Monitoring and therapeutic devices market estimates and forecasts, 2018-2030 (USD Million)
Figure 22 Storage and transport devices market estimates and forecasts, 2018-2030
Figure 23 Medical equipment rental market: End use movement analysis
Figure 24 Medical equipment rental market: End use outlook and key takeaways
Figure 25 Personal/home care market estimates and forecasts, 2018-2030 (USD Million)
Figure 26 Institutes market estimates and forecasts, 2018-2030 (USD Million)
Figure 27 Hospital market estimates and forecasts, 2018-2030 (USD Million)
Figure 28 Medical equipment rental market: regional movement analysis
Figure 29 Medical equipment rental market: regional outlook and key takeaways
Figure 30 North America market estimates and forecasts, 2018-2030 (USD Million)
Figure 31 U.S. market estimates and forecasts, 2018-2030 (USD Million)
Figure 32 Canada market estimates and forecasts, 2018-2030 (USD Million)
Figure 33 Europe market estimates and forecasts, 2018-2030 (USD Million)
Figure 34 UK market estimates and forecasts, 2018-2030 (USD Million)
Figure 35 Germany market estimates and forecasts, 2018-2030 (USD Million)
Figure 36 France market estimates and forecasts, 2018-2030 (USD Million)
Figure 37 Italy market estimates and forecasts, 2018-2030 (USD Million)
Figure 38 Spain market estimates and forecasts, 2018-2030 (USD Million)
Figure 39 Sweden market estimates and forecasts, 2018-2030 (USD Million)
Figure 40 Norway market estimates and forecasts, 2018-2030 (USD Million)
Figure 41 Denmark market estimates and forecasts, 2018-2030 (USD Million)
Figure 42 Asia-Pacific market estimates and forecasts, 2018-2030 (USD Million)
Figure 43 Japan market estimates and forecasts, 2018-2030 (USD Million)
Figure 44 China market estimates and forecasts, 2018-2030 (USD Million)
Figure 45 India market estimates and forecasts, 2018-2030 (USD Million)
Figure 46 Australia market estimates and forecasts, 2018-2030 (USD Million)
Figure 47 Thailand market estimates and forecasts, 2018-2030 (USD Million)
Figure 48 South Korea market estimates and forecasts, 2018-2030 (USD Million)
Figure 49 Latin America market estimates and forecasts, 2018-2030 (USD Million)
Figure 50 Brazil market estimates and forecasts, 2018-2030 (USD Million)
Figure 51 Mexico market estimates and forecasts, 2018-2030 (USD Million)
Figure 52 Argentina market estimates and forecasts, 2018-2030 (USD Million)
Figure 53 Middle East and Africa market estimates and forecasts, 2018-2030 (USD Million)
Figure 54 Saudi Arabia market estimates and forecasts, 2018-2030 (USD Million)
Figure 55 South Africa market estimates and forecasts, 2018-2030 (USD Million)
Figure 56 UAE market estimates and forecasts, 2018-2030 (USD Million)
Figure 57 Kuwait market estimates and forecasts, 2018-2030 (USD Million)

Companies Mentioned

Westside Medical Supply
Nunn’s Home Medical Equipment
Universal Hospital Services
Woodley Equipment Company Ltd.
Siemens Financial Services, Inc.
Stryker Corporation
Hill-Rom Holdings Inc.
Apria Healthcare Group Inc.
Agiliti Health Inc.
Avante Health Solutions
GE Healthcare
Centric Health Ltd.

US Med-Equip

Methodology

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Table Information

Report Attribute	Details
No. of Pages	111
Published	December 2023
Forecast Period	2022 - 2030
Estimated Market Value ( USD ) in 2022	$ 55.2 Billion
Forecasted Market Value ( USD ) by 2030	$ 86.2 Billion
Compound Annual Growth Rate	5.9%
Regions Covered	Global
No. of Companies Mentioned	12

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Medical Equipment Rental Market Report Highlights

Table of Contents

Companies Mentioned

Methodology

Table Information

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