Medical Equipment Rental Market

Medical Equipment Rental Market Size, Share & Trends Analysis Report
and Segment Forecast, 2025| Grand View Research, Inc
“Growing adoption of medical assist devices coupled with rising economic crisis
owing to speedy technological development are among the key trends stimulating
market growth.”
The global Medical Equipment Rental Market size is expected to reach USD 64.07 billion by 2025, according to
a new report by Grand View Research, Inc., progressing at a CAGR of 4.4% during the forecast
period. Expanding base 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 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 increasing patient pool and continuous technological upgradation 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.
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Further key findings from the report suggest:

DMEs emerged as the largest product segment in 2017 owing to increasing disabled population

Hospitals dominated the market in 2017 owing to heightened demand for rental devices for cost
benefits

North America is projected to lead the market throughout the forecast horizon. Improving awareness
about home healthcare and increasing demand for novel technologies are supporting the dominance of
the region

The market in Asia Pacific is estimated to witness healthy growth during the forecast period owing to
faster adoption of advanced equipment for quality healthcare practices

Few of the key market players include Hill-Rom Holdings, Inc., Westside Medical Supply, Nunn’s Home
Medical Equipment, Siemens Financial Services, Inc., Woodley Equipment Company Ltd.; and Universal
Hospital Services, Inc.
Grand View Research has segmented the global medical equipment rental market based on product, end use,
and region:
Medical Equipment Rental Product Outlook (Revenue, USD Million, 2014 - 2025)

Surgical Equipment (C-arm, Surgical table, /ultrasound)

Durable Medical Equipment

o
Personal Mobility Devices
o
Bathroom Safety and Medical Furniture
o
Monitoring and Therapeutic Devices
Storage and Transport
Medical Equipment Rental End-use Outlook (Revenue, USD Million, 2014 - 2025)

Personal/Home care

Institutional

Hospitals
Medical Equipment Rental Regional Outlook (Revenue, USD Million, 2014 - 2025)
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




North America
o
U.S.
o
Canada
Europe
o
U.K.
o
Germany
Asia Pacific
o
India
o
China
Latin America
o
Brazil
o
Mexico
Middle East & Africa
o
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South Africa
Table of Content of Medical Equipment Rental Market
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Abbreviations
Chapter 2 Executive Summary
2.1 Market Summary
Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation
Chapter 4 Market Definitions
Chapter 5 Industry Outlook
5.1 Market variable Analysis
5.1.1 Patient Centric Approach
5.1.2 Increased Mobility Of X-Ray Devices
5.2 Market Restraint Analysis
5.2.1 Insurance Policy
5.2.2 Highly Consolidated And Competitive
Chapter 6 Business Environment Analysis
6.1 SWOT Analysis; By factor (political & legal, economic and technological)
6.2 Porter’s five forces analysis
Chapter 7 Mobility Business Analysis
7.1 Global X-Ray Market: Mobility Movement Analysis
7.1.1 Stationary
7.1.1.1 Stationary Market Estimates And Forecast, 2014 - 2025 (USD Million)
7.1.2 Mobile
7.1.2.1 Mobile Market Estimates And Forecast, 2014 - 2025 (USD Million)
Chapter 8 Modality Business Analysis
8.1 Global X-Ray Systems Market: Modality Movement Analysis
8.1.1 Radiography
8.1.1.1 Radiography Market Estimates And Forecast, 2014 - 2025 (USD Million)
8.1.2 Fluoroscopy
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8.1.2.1 Fluoroscopy Market Estimates And Forecast, 2014 - 2025 (USD Million)
8.1.3 Computed Radiography
8.1.3.1 Computed Radiography Market Estimates And Forecast, 2014 - 2025 (USD Million)
Chapter 9 Type Business Analysis
9.1 Global X-Ray Systems Market: Type Movement Analysis
9.1.1 Analog
9.1.1.1 Analog Market Estimates And Forecast, 2014 - 2025 (USD Million)
9.1.2 Digital
9.1.2.1 Digital Market Estimates And Forecast, 2014 - 2025 (USD Million)
Chapter 10 End-Use Business Analysis
10.1 Global X-Ray Systems Market: End-Use Movement Analysis
10.1.1 Hospitals
10.1.1.1 Hospitals Market Estimates And Forecast, 2014 - 2025 (USD Million)
10.1.2 Diagnostic Centers
10.1.2.1 Diagnostic Centers Market Estimates And Forecast, 2014 - 2025 (USD Million)
10.1.3 Mobile Imaging Centers
10.1.3.1 Mobile Imaging Centers Market Estimates And Forecast, 2014 - 2025 (USD Million)
Chapter 11 Regional Business Analysis
11.1 Global X-Ray Market: Regional Movement Analysis
11.1.1 North America
11.1.1.1 North America Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.1.2 U.S.
11.1.1.2.1 U.S. Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.1.3 Canada
11.1.1.3.1 Canada Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.2 Europe
11.1.2.1 Europe Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.2.2 Germany
11.1.2.2.1 Germany Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.2.3 U.K.
11.1.2.3.1 U.K. Market Estimates And Forecast, 2014 - 2025 (USD Million)
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11.1.2.4 Greece
11.1.2.4.1 Greece Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.2.5 Denmark
11.1.2.5.1 Denmark Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.2.6 Spain
11.1.2.6.1 Spain Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.2.7 Norway
11.1.2.7.1 Norway Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.2.8 Belgium
11.1.2.8.1 Belgium Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.2.9 Austria
11.1.2.9.1 Austria Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3 Asia Pacific
11.1.3.1 Asia Pacific Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3.2 Japan
11.1.3.2.1 Japan Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3.3 China
11.1.3.3.1 China Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3.4 India
11.1.3.4.1 India Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3.5 Thailand
11.1.3.5.1 Thailand Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3.6 Australia
11.1.3.6.1 Australia Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3.7 Singapore
11.1.3.7.1 Singapore Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3.8 Malaysia
11.1.3.8.1 Malaysia Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3.9 Srilanka
11.1.3.9.1 Srilanka Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3.10 Bangladesh
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11.1.3.10.1 Bangladesh Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.3.11 South Korea
11.1.3.11.1 Southkorea Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.4 Latin America
11.1.4.1 Latin America Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.4.2 Brazil
11.1.4.2.1 Brazil Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.4.3 Mexico
11.1.4.3.1 Mexico Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.4.4 Argentina
11.1.4.4.1 Argentina Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.5 Middle East & Africa
11.1.5.1 Middle-East And Africa Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.5.2 Uae
11.1.5.2.1 Uae Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.5.3 Saudi Arabia
11.1.5.3.1 Saudi Arabia Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.5.4 South Africa
11.1.5.4.1 South Africa Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.5.5 Qatar
11.1.5.5.1 Qatar Market Estimates And Forecast, 2014 - 2025 (USD Million)
11.1.5.6 Kuwait
11.1.5.6.1 Kuwait Market Estimates And Forecast, 2014 - 2025 (USD Million)
Chapter 12 Company Profile
12.1 GE Healthcare
12.1.1 Company overview
12.1.2 Financial performance
12.1.3 Product benchmarking
12.1.4 Strategic initiatives
12.2 Hitachi, Ltd
12.2.1 Company overview
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12.2.2 Financial performance
12.2.3 Product Benchmarking
12.2.4 Strategic Initiatives
12.3 Koninklijke Philips N.V.
12.3.1 Company overview
12.3.2 Financial performance
12.3.3 Product benchmarking
12.3.4 Strategic initiatives
12.4 Siemens Healthineers
12.4.1 Company overview
12.4.2 Financial performance
12.4.3 Product benchmarking
12.4.4 Strategic initiatives
12.5 Canon Medical Systems Corporation
12.5.1 Company overview
12.5.2 Financial performance
12.5.3 Product benchmarking
12.5.4 Strategic initiatives
12.6 Fujifilm Medical Systems
12.6.1 Company overview
12.6.2 Financial performance
12.6.3 Product benchmarking
12.6.4 Strategic initiatives
12.7 Carestream Health
12.7.1 Company overview
12.7.2 Financial performance
12.7.3 Product benchmarking
12.7.4 Strategic initiatives
12.7.5 Shimadzu Corporation
12.8 Company overview
12.8.1 Financial performance
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12.8.2 Product benchmarking
12.8.3 Strategic initiatives
12.9 Hologic, Inc
12.9.1 Company overview
12.9.2 Financial performance
12.9.3 Product benchmarking
12.9.4 Strategic initiatives
12.10 Konica Minolta, Inc.
12.10.1 Company overview
12.10.2 Financial performance
12.10.3 Product benchmarking
12.10.4 Strategic initiatives
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed business decisions, the company offers
market intelligence studies ensuring relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
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The global medical equipment rental market size is expected to reach USD 64.07 billion by 2025

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