Medical Equipment Rental Market report by Research Nester delivers an in-depth competitors analysis and a detailed overview of the global medical equipment rental market in terms of market segmentation by product type, application, and by region over the forecast period, i.e., 2023-2033. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the global medical equipment rental market. These analyses help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future. Additionally, the growth opportunities exposed by the market is poised to gain significant momentum in the next few years.

Medical Equipment Rental Market Statistics –

• The Medical Equipment Rental industry is slated to observe 5% growth rate through 2023-2033

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Medical equipment rental market to find numerous growth opportunities on the back of rising instances of chronic diseases and surge in geriatric population across the globe, finds Research Nester

The global medical equipment rental market is estimated to grow majorly on account of the increased demand for technically advanced healthcare facilities. For instance, In July 2022, the Indian Council of Medical Research (ICMR) released standard treatment guidelines for 51 common illnesses across 11 specialties to assist doctors.

Major players include in the global Medical Equipment Rental Market:

• Apria Healthcare Group, Inc.
• Universal Hospital Services, Inc.
• US Med-Equip, Inc.
• Medical Supply, Inc.
• Centric Health Corporation
• Hill-ROM Holdings, Inc.
• Nunn’s Home Medical Equipment

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The global medical equipment rental market is segmented on the basis of product type into durable medical equipment, electronic/digital equipment, storage & transport and personal mobility devices. The durable medical equipment segment is to garner the highest revenue by the end of 2033 by growing at a significant CAGR over the forecast period. Rise in number of geriatric population is expanding the market growth.

By region, the North America medical equipment rental market is to generate the highest revenue by the end of 2033. This growth is anticipated by higher investment in healthcare infrastructure and number of patients that have different types of chronic diseases. According to the data published by International Trade Administration (ITA), in 2021, the U.S. supplied approximately 32% of Canada’s total medical equipment and supplies manufacturing imports.

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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