Medical Equipment Rental Market
Medical Equipment Rental Market Analysis by Durable Medical Equipment, Electronic Medical Equipment, Storage & Transport Equipment, and Surgical Equipment from 2023 to 2033
Analysis of Medical Equipment Rental Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Medical Equipment Rental Market Outlook (2023 to 2033)
The global medical equipment rental market is valued at US$ 59 billion in 2023 and is projected to expand at a CAGR of 5.5% to reach US$ 98 billion by 2033-end, according to a new study by seasoned analysts at Fact.MR.
Medical supplies are basic tools or indispensable devices used in clinical settings to care for patients. The medical equipment rental market offers cutting-edge equipment due to the continuous research and development efforts in the industry. Renting medical equipment is becoming more popular, especially in countries with tight resources for healthcare facilities due to economic hardship.
Growing need for rented medical equipment is a result of its cost-saving advantages, which reduce the costs related to equipment procurement. Businesses that rent out these items are essential to improving patient care facilities. The process of renting specialized medical tools and equipment for use in the healthcare and life sciences industries is known as biomedical equipment rental.
The practice of renting specialized medical tools and equipment designed to assist individuals with respiratory disorders is referred to as respiratory equipment rental. For individuals who need respiratory support owing to a variety of medical disorders, such as chronic obstructive pulmonary disease (COPD), asthma, sleep apnea, and acute respiratory infections, these devices are essential.
The process of renting specialist medical devices and equipment created to help people with orthopedic disorders or injuries is known as orthopedic leasing. A "hip replacement chair rental" is a service that provides the ability to rent a specialist chair made to help those who have had hip replacement surgery or have mobility problems related to their hips. These chairs were created to offer comfort and support to patients recovering from hip replacement surgery.
The practice of renting medical equipment that continuously measures a person's blood glucose levels throughout the day and night is known as continuous glucose monitor (CGM) rental. People with diabetes primarily use CGMs to monitor their blood sugar levels, spot trends, and make educated decisions about their diet, lifestyle, and insulin dosing.
| Report Attributes | Details |
|---|---|
| Medical Equipment Rental Market Size (2022A) | US$ 56 Billion |
| Estimated Market Value (2023E) | US$ 59 Billion |
| Forecasted Market Value (2033F) | US$ 98 Billion |
| Global Market Growth Rate (2023 to 2033) | 5.5% CAGR |
| Hospitals Segment Share (2023) | 59% |
| North America Market Share (2023) | 32.5% |
| Asia Pacific Market Growth Rate (2023 to 2033) | 6.3% CAGR |
| Storage & Transport Equipment Segment Growth Rate (2023 to 2033) | 4.9% CAGR |
| Durable Medical Equipment Segment Growth Rate (2023 to 2033) | 5.7% CAGR |
| Europe Market Growth Rate (2023 to 2033) | 3.8% CAGR |
| Key Companies Profiled |
|
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What’s Leading to Rapid Increase in the Demand for Medical Equipment Rental?
"Increasing Use of Smart Devices in Healthcare"
Companies from all over the world are making large expenditures to create a sustainable supply of medical equipment. Innovative items designed for rental purposes have been produced as a result of ongoing industry research and development efforts and significant investments by market participants.
Cutting-edge medical technologies have significant advantages for both patients and medical personnel. Long-term market growth is also anticipated to be fueled by the proliferation of smart gadgets. Throughout the projected period, the medical equipment rental market is projected to grow substantially as a result of several rental gadgets created to monitor patients' daily activities and aid in their treatment.
The option to lease or finance medical equipment rather than buy it outright is offered by medical equipment leasing companies, which are specialist financial institutions or corporations. By providing financial solutions that help healthcare providers acquire the most recent medical technology, maintain modern equipment, and successfully manage their budgets, these businesses play a significant role in the healthcare industry.
"Medical Equipment Rental Bridging Healthcare Needs for Institutions and Patients"
Patients rely on a variety of assistive devices, including walkers, hearing aids, and vision aids. In this field, ongoing research and development efforts have produced cutting-edge solutions that offer improved effectiveness and efficiency. Healthcare service providers are favoring the option of renting these cutting-edge items more and more due to their escalating expenses.
Both medical facilities and people who need these gadgets for home usage take part in the leasing process for medical equipment. Patient's needs for price and convenience can be met by renting for various durations, with possibilities ranging from weekly to daily and monthly leases. Governments around the world have increased healthcare spending to adequately address current healthcare concerns. Diagnostic labs, hospitals, and surgical centers provide attractive potential in the industry, and the rental market for medical equipment is primed for long-term growth.
Healthcare providers frequently use necessary, long-lasting medical tools, equipment, and supplies to assist patient care, increase mobility, speed up recovery, or enhance the quality of life for people with temporary or long-term health issues.
What Challenges Do Medical Equipment Rental Companies Face?
“Regulatory Obstacles and Limited Reimbursement Facilities”
Medical equipment rental companies may encounter difficulties due to the strict regulations and compliance standards in the healthcare sector. Ensuring that medical equipment complies with all legal requirements can be expensive and time-consuming. In some areas, equipment purchases over rentals may be encouraged through reimbursement policies. When reimbursement rates are poor or variable, healthcare practitioners could be hesitant to rent equipment.
Although renting can lower up-front costs, some healthcare institutions may still experience capital restraints that prevent them from making investments in medical equipment, whether through rental or purchase.
“Lack of Insurance Coverage and Limited Awareness of Lower-Priced Options”
The ability of healthcare practitioners to get the equipment they require may be hampered by the limited availability of particular equipment for rental in some areas or during certain specialized medical procedures. It is difficult to guarantee the upkeep and quality of rental medical equipment. To meet safety and legal requirements, the equipment must be properly maintained, which can be expensive for rental companies.
Only a small number of the items available for rental come with adequate insurance. This is projected to limit the sector's ability to expand. Healthcare providers often pay higher rental costs for these devices due to limited awareness of lower-priced options.
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Country-wise Insights
This section outlines market revenue from significant countries, with the United Kingdom and the United States standing out as key markets. North America holds 32.5% of the market in 2023. The European market is forecasted to expand at a CAGR of 3.8% during the forecast period. This is driven by the presence of prominent market players, substantial healthcare expenditure, and a robust adoption rate for cutting-edge medical technologies.
What are the Current Trends for Medical Equipment Rental in the United States?
“Well-developed Healthcare Infrastructure and Rising Prevalence of Chronic Diseases”
Throughout the forecast period, North America holds a leading market share of 32.5% in 2023, primarily due to the region's developed healthcare infrastructure, rising demand for healthcare services, and rising prevalence of chronic diseases.
- To enhance the availability of its first product designed for individuals suffering from severe respiratory conditions, Turn Medical partnered with USME (US Med-Equip) in January 2023. Through this partnership, Turn Medical's Pronova-O2 Automated Prone Therapy System, an innovative automated hospital bed that makes it simple to rotate patients onto their tummy for prone positioning, is more quickly available to hospitals.
Growing demand for medical equipment rental services and the interest of both established and new businesses in the area both contribute to the region's dominance. There is an urgent need for medical equipment rental in home-care settings, and support from the government, healthcare, and hospital organizations encourages the use of rental medical equipment.
- In April 2020, the emPOWER map from the United States Department of Health and Human Services (HHS) unveiled a national average of 45.84 users of durable medical equipment per 1,000 Medicare beneficiaries. Over time, the prevalence of rentals has been increasing across different demographic groups, including age, gender, race, ethnicity, and Medicaid enrollment.
What Makes the United Kingdom an Attractive Market for Medical Equipment Rental Providers?
“Supportive Reimbursement Policies for Patients”
The medical equipment rental market in Europe is forecasted to progress at a CAGR of 3.8% from 2023 to 2033. Due to growing patient populations caused by the rising burden of chronic diseases, increasing demand for medical equipment and healthcare services, and robust healthcare infrastructure in Europe are poised for significant growth in the global market for medical equipment rentals.
- To address the accessibility issues faced by patients who cannot afford expensive medical equipment due to limited healthcare infrastructure, IRM Europe, a well-known provider of rental medical equipment, extends its services to clinical trials and focuses on developing nations.
Increasing older population in Europe is expected to drive market growth. Renting medical equipment is becoming more and more popular as a way for hospitals and other healthcare facilities to cut operating costs. A good reimbursement strategy is also anticipated to be crucial in promoting market expansion.
Category-wise Insights
This section offers an overview of the market segmented by type and end user. In 2023, the hospitals segment dominates the market with a substantial market share of 59%. Demand for durable medical equipment is predicted to advance at a CAGR of 5.7% from 2023 to 2033. This is primarily attributed to the significant influx of patients in hospitals compared to laboratories and institutes, along with a growing need to stay abreast of technological advancements.
What Makes Durable Medical Equipment the Preferred Choice Among Healthcare Providers?
“Durable Medical Equipment Enhancing Mobility for People with Disabilities"
By type, the durable medical equipment segment is projected to expand at a 5.7% CAGR from 2023 to 2033. The need for assistive devices is primarily driven by the expanding aging population and the rise in the number of people with disabilities. Additionally, there is a considerable need for treatment and monitoring equipment, both of which greatly boost revenue. Particularly, wireless monitoring equipment is in high demand.
Health issues linked to lifestyle choices are another important aspect driving market expansion. Due to the launch of technologically improved products, the market is also anticipated to expand in the area of personal mobility devices. Availability of automated recliners is expected to further support industry growth.
Why is There Extensive Adoption of Medical Equipment Rental in Hospital Settings?
“Benefits of Leasing Services Driving Demand for Medical Equipment Rental in Hospitals”
The hospitals segment dominates the market with 59% revenue share in 2023. The growing patient population and government measures to improve the healthcare system's infrastructure are the main reasons why the hospital segment is dominating the market. Equipment procurement patterns have changed significantly in recent years, with growing preference for leasing and rental systems. The market is being driven by a spike in demand for mobilizing frozen capital and addressing problems with inefficient capital deployment.
Healthcare providers should benefit from the appeal of spreading capital expenses over several months through leasing services. Additionally, the increased desire for lower pre-treatment expenses and the growing emphasis on diagnostic effectiveness are anticipated to have a substantial impact on market growth.
Know thy Competitors
Competitive landscape highlights only certain players
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Competitive Landscape
The medical equipment rental market includes a mix of established healthcare equipment rental companies, medical device manufacturers offering rental services, specialized rental providers, and startups. This diversity creates healthy competition and fosters innovation.
- In May 2023, YNB Healthcare unveiled its comprehensive healthcare solutions, including medical equipment rentals, as a one-stop destination for all healthcare requirements. The company's services encompass a wide range of offerings, including round-the-clock ambulance services, in-home nursing care, medical equipment rentals, home-based ICU setups, laboratory tests, diagnostic services, medication delivery to homes, and funeral services, all offered at affordable rates.
- In March 2022, BioSig Technologies, Inc. entered into a partnership agreement with Summit Blue Capital to launch a leasing and financing program for the PURE EP System, enhancing accessibility to its cutting-edge medical technology.
- In September 2021, Agiliti made an acquisition agreement to purchase Sizewise Rentals, a United States-based medical equipment rental company. Sizewise serves a broad customer base of over 3,000 clients in acute and post-acute-care settings by specializing in the manufacturing and distribution of hospital beds, specialized surfaces, mobility aids, and patient-handling equipment.
Key Segments of Medical Equipment Rental Industry Research
-
By Type :
- Durable Medical Equipment
- Electronic Medical Equipment
- Storage & Transport Equipment
- Surgical Equipment
-
By End User :
- Home Care
- Hospitals
- Laboratories
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Type modifications /Innovation 4. Key Success Factors 4.1. Strategic Developments 4.2. Key regulations 4.3. Type USPs /Technology 4.4. List of Manufacturers and Providers 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP outlook 5.1.2. Increasing R&D Expenditure 5.2. Forecast Factors - Relevance & Impact 5.2.1. New Type launches 5.2.2. Cost of Types 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunity Analysis 6. COVID19 Crisis Analysis 6.1. Current COVID19 Statistics and Probable Future Impact 6.2. Current GDP Projection and Probable Impact 6.3. Current Economic Projection as Compared to 2008 Economic analysis 6.4. COVID19 and Impact Analysis 6.4.1. Revenue By Type 6.4.2. Revenue By End User 6.4.3. Revenue By Country 6.5. 2022 Market Scenario 6.6. Quarter by Quarter Forecast 6.7. Projected Recovery Quarter 7. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033 7.1. Historical Market Volume (Units) Analysis, 2018 to 2022 7.2. Current and Future Market Volume (Units) Projections, 2023 to 2033 7.2.1. Y-o-Y Growth Trend Analysis 8. Global Market - Pricing Analysis 8.1. Regional Pricing Analysis By Type 8.2. Pricing Break-up 8.2.1. Manufacturer Level Pricing 8.2.2. Distributor Level Pricing 8.3. Global Average Pricing Analysis Benchmark 9. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033 9.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2022 9.2. Current and Future Market Value (US$ Mn) Projections, 2023 to 2033 9.2.1. Y-o-Y Growth Trend Analysis 9.2.2. Absolute $ Opportunity Analysis 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Type 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By Type, 2018 to 2022 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Type, 2023 to 2033 10.3.1. Durable Medical Equipment 10.3.2. Electronic Medical Equipment 10.3.3. Storage & Transport Equipment 10.3.4. Surgical Equipment 10.4. Market Attractiveness Analysis By Type 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End User 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Analysis By End User, 2018 to 2022 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End User, 2023 to 2033 11.3.1. Home Care 11.3.2. Hospitals 11.3.3. Laboratories 11.4. Market Attractiveness Analysis By End User 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Region, 2018 to 2022 12.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2023 to 2033 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033 13.3.1. By Country 13.3.1.1. U.S. 13.3.1.2. Canada 13.3.2. By Type 13.3.3. By End User 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. By Type 14.3.3. By End User 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. U.K. 15.3.1.5. Spain 15.3.1.6. Russia 15.3.1.7. Rest of Europe 15.3.2. By Type 15.3.3. By End User 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033 16.3.1. By Country 16.3.1.1. India 16.3.1.2. Thailand 16.3.1.3. Indonesia 16.3.1.4. Malaysia 16.3.1.5. Rest of South Asia 16.3.2. By Type 16.3.3. By End User 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033 17.3.1. By Country 17.3.1.1. China 17.3.1.2. Japan 17.3.1.3. South Korea 17.3.1.4. Rest of East Asia 17.3.2. By Type 17.3.3. By End User 17.4. Market Attractiveness Analysis 17.5. Key Market Participants - Intensity Mapping 17.6. Drivers and Restraints - Impact Analysis 18. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033 18.1. Introduction 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033 18.3.1. By Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. By Type 18.3.3. By End User 18.4. Market Attractiveness Analysis 18.5. Key Market Participants - Intensity Mapping 18.6. Drivers and Restraints - Impact Analysis 19. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033 19.1. Introduction 19.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2022 19.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 to 2033 19.3.1. By Country 19.3.1.1. GCC Countries 19.3.1.2. South Africa 19.3.1.3. Rest of Middle East and Africa 19.3.2. By Type 19.3.3. By End User 19.4. Market Attractiveness Analysis 19.5. Drivers and Restraints - Impact Analysis 20. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033 20.1. Introduction 20.1.1. Market Value Proportion Analysis, By Key Countries 20.1.2. Global Vs. Country Growth Comparison 20.2. U.S. Market Analysis 20.2.1. By Type 20.2.2. By End User 20.3. Canada Market Analysis 20.3.1. By Type 20.3.2. By End User 20.4. Mexico Market Analysis 20.4.1. By Type 20.4.2. By End User 20.5. Brazil Market Analysis 20.5.1. By Type 20.5.2. By End User 20.6. U.K. Market Analysis 20.6.1. By Type 20.6.2. By End User 20.7. Germany Market Analysis 20.7.1. By Type 20.7.2. By End User 20.8. France Market Analysis 20.8.1. By Type 20.8.2. By End User 20.9. Italy Market Analysis 20.9.1. By Type 20.9.2. By End User 20.10. Spain Market Analysis 20.10.1. By Type 20.10.2. By End User 20.11. BENELUX Market Analysis 20.11.1. By Type 20.11.2. By End User 20.12. Russia Market Analysis 20.12.1. By Type 20.12.2. By End User 20.13. China Market Analysis 20.13.1. By Type 20.13.2. By End User 20.14. Japan Market Analysis 20.14.1. By Type 20.14.2. By End User 20.15. South Korea Market Analysis 20.15.1. By Type 20.15.2. By End User 20.16. India Market Analysis 20.16.1. By Type 20.16.2. By End User 20.17. ASEAN Market Analysis 20.17.1. By Type 20.17.2. By End User 20.18. Australia Market Analysis 20.18.1. By Type 20.18.2. By End User 20.19. New Zealand Market Analysis 20.19.1. By Type 20.19.2. By End User 20.20. GCC Countries Market Analysis 20.20.1. By Type 20.20.2. By End User 20.21. Turkey Market Analysis 20.21.1. By Type 20.21.2. By End User 20.22. South Africa Market Analysis 20.22.1. By Type 20.22.2. By End User 21. Market Structure Analysis 21.1. Market Analysis by Tier of Companies 21.2. Market Concentration 21.3. Market Share Analysis of Top Players 21.4. Market Presence Analysis 21.4.1. By Regional footprint of Players 21.4.2. Type foot print by Players 21.4.3. Channel Foot Print by Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Benchmarking 22.3. Competition Deep dive 22.3.1. Westside Medical Supply 22.3.1.1. Overview 22.3.1.2. Type Portfolio 22.3.1.3. Profitability by Market Segments (Type/Channel/Region) 22.3.1.4. Sales Footprint 22.3.1.5. Strategy Overview 22.3.2. Siemens Financial Services, Inc. 22.3.2.1. Overview 22.3.2.2. Type Portfolio 22.3.2.3. Profitability by Market Segments (Type/Channel/Region) 22.3.2.4. Sales Footprint 22.3.2.5. Strategy Overview 22.3.3. Hill-Rom Holdings, Inc. 22.3.3.1. Overview 22.3.3.2. Type Portfolio 22.3.3.3. Profitability by Market Segments (Type/Channel/Region) 22.3.3.4. Sales Footprint 22.3.3.5. Strategy Overview 22.3.4. Nunn’s Home Medical Equipment 22.3.4.1. Overview 22.3.4.2. Type Portfolio 22.3.4.3. Profitability by Market Segments (Type/Channel/Region) 22.3.4.4. Sales Footprint 22.3.4.5. Strategy Overview 22.3.5. Woodley Equipment Company Ltd. 22.3.5.1. Overview 22.3.5.2. Type Portfolio 22.3.5.3. Profitability by Market Segments (Type/Channel/Region) 22.3.5.4. Sales Footprint 22.3.5.5. Strategy Overview 22.3.6. GE Healthcare 22.3.6.1. Overview 22.3.6.2. Type Portfolio 22.3.6.3. Profitability by Market Segments (Type/Channel/Region) 22.3.6.4. Sales Footprint 22.3.6.5. Strategy Overview 22.3.7. All American Medical Supply Corp 22.3.7.1. Overview 22.3.7.2. Type Portfolio 22.3.7.3. Profitability by Market Segments (Type/Channel/Region) 22.3.7.4. Sales Footprint 22.3.7.5. Strategy Overview 22.3.8. Universal Hospital Services, Inc. 22.3.8.1. Overview 22.3.8.2. Type Portfolio 22.3.8.3. Profitability by Market Segments (Type/Channel/Region) 22.3.8.4. Sales Footprint 22.3.8.5. Strategy Overview 23. Assumptions and Acronyms Used 24. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By End User
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By End User, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By End User, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by End User, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2023 (E)
Figure 18: North America Market Value Share, By End User, 2023 (E)
Figure 19: North America Market Value Share, By Country, 2023 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by End User, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2023 (E)
Figure 26: Latin America Market Value Share, By End User, 2023 (E)
Figure 27: Latin America Market Value Share, By Country, 2023 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by End User, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2023 (E)
Figure 34: Europe Market Value Share, By End User, 2023 (E)
Figure 35: Europe Market Value Share, By Country, 2023 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by End User, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2023 (E)
Figure 42: South Asia Market Value Share, By End User, 2023 (E)
Figure 43: South Asia Market Value Share, By Country, 2023 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by End User, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2023 (E)
Figure 50: East Asia Market Value Share, By End User, 2023 (E)
Figure 51: East Asia Market Value Share, By Country, 2023 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by End User, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2023 (E)
Figure 58: Oceania Market Value Share, By End User, 2023 (E)
Figure 59: Oceania Market Value Share, By Country, 2023 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by End User, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2023 (E)
Figure 66: Middle East and Africa Market Value Share, By End User, 2023 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2023 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by End User, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: UNITED STATES Market Value Share, By Type, 2023 (E)
Figure 75: UNITED STATES Market Value Share, By End User, 2023 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2023 (E)
Figure 78: Canada Market Value Share, By End User, 2023 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2023 (E)
Figure 81: Mexico Market Value Share, By End User, 2023 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2023 (E)
Figure 84: Brazil Market Value Share, By End User, 2023 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: UNITED KINGDOM Market Value Share, By Type, 2023 (E)
Figure 87: UNITED KINGDOM Market Value Share, By End User, 2023 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2023 (E)
Figure 90: Germany Market Value Share, By End User, 2023 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2023 (E)
Figure 93: France Market Value Share, By End User, 2023 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2023 (E)
Figure 96: Italy Market Value Share, By End User, 2023 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2023 (E)
Figure 99: Spain Market Value Share, By End User, 2023 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2023 (E)
Figure 102: Russia Market Value Share, By End User, 2023 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2023 (E)
Figure 105: China Market Value Share, By End User, 2023 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2023 (E)
Figure 108: Japan Market Value Share, By End User, 2023 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2023 (E)
Figure 111: South Korea Market Value Share, By End User, 2023 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2023 (E)
Figure 114: India Market Value Share, By End User, 2023 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2023 (E)
Figure 117: ASEAN Market Value Share, By End User, 2023 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2023 (E)
Figure 120: Australia Market Value Share, By End User, 2023 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2023 (E)
Figure 123: New Zealand Market Value Share, By End User, 2023 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2023 (E)
Figure 126: GCC Countries Market Value Share, By End User, 2023 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2023 (E)
Figure 129: Turkey Market Value Share, By End User, 2023 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2023 (E)
Figure 132: South Africa Market Value Share, By End User, 2023 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the medical equipment rental market in 2023?
The global medical equipment rental market stands at US$ 59 billion in 2023.
What is the demand projection for medical equipment rental?
Worldwide revenue from medical equipment rental is predicted to rise at a CAGR of 5.5% from 2023 to 2033.
What is the revenue forecast for medical equipment rental for 2033?
The market for medical equipment rental is projected to reach US$ 98 billion by 2033.
Which country is anticipated to emerge as a key market in this business?
The United Kingdom is poised to hold a prominent share of the market by 2033.
What is the growth outlook for the market in China?
The market in China is forecasted to advance at a CAGR of 6.2% CAGR through 2033.
What market share is held by hospitals?
Hospitals account for 59% revenue share of medical equipment rental in 2023.
Medical Equipment Rental Market