Medical Equipment Rental companies

  • Report ID: 495
  • Published Date: Jul 25, 2025
  • Report Format: PDF, PPT

Key Medical Equipment Rental Market Players:

    The international medical equipment rental market severely comprises organizations, with Siemens Healthineers and Agiliti Health jointly leading through predictive maintenance and IoT implementation. Additionally, firms in the U.S. readily dominate with a combined share of 60% through Medicare collaborations, while players in Europe, such as Arjo, have focused on age-specific strategies. Besides, sustainability, emerging economic expansion, and tech-based rentals are certain strategies that organizations have implemented to positively impact the market growth across different nations. For instance, GE Healthcare’s AI-driven ICU equipment caters to almost 9.8% of the global market share, while BPL Medical’s cost-effective ECG rentals account for 2.7% of the market share in India.

    Here is a list of key players operating in the global market:

    Company Name

    Country

    Market Share (2024)

    Industry Focus

    Agiliti Health

    U.S.

    12.7%

    Full-service DME rentals (hospital beds, ventilators, surgical equipment)

    Siemens Healthineers

    Germany

    10.5%

    High-end imaging (MRI/CT rentals) & IoT-enabled respiratory devices

    GE Healthcare

    U.S.

    9.8%

    Modular ICU equipment rentals & AI-driven predictive maintenance

    Hillrom

    U.S.

    8.2%

    Smart hospital beds, patient monitoring systems

    Medline Industries

    U.S.

    7.7%

    Surgical instrument rentals & infection control equipment

    ResMed

    U.S./Australia

    xx%

    CPAP/BiPAP rentals for sleep apnea & respiratory care

    Stryker

    U.S.

    xx%

    Orthopedic implants & mobility aids

    Fresenius Medical Care

    Germany

    xx%

    Dialysis equipment rentals & home renal care solutions

    Baxter International

    U.S.

    xx%

    Acute care rentals (infusion pumps, ventilators)

    Invacare Corporation

    U.S.

    xx%

    Wheelchairs & home oxygen concentrators

    Drive DeVilbiss Healthcare

    U.S.

    xx%

    Homecare DME (mobility scooters, hospital beds)

    Arjo

    Sweden

    xx%

    Patient lifts & bathing systems for aged care

    BPL Medical Technologies

    India

    xx%

    Cost-effective ECG monitors & neonatal equipment rentals

    Samsung Medison

    South Korea

    xx%

    Ultrasound equipment rentals for clinics

    Penlon

    UK

    xx%

    Anesthesia machines & critical care equipment

    Below are the areas covered for each company in the medical equipment rental market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the medical equipment rental market was over USD 8.8 billion.

The market size for the medical equipment rental market is projected to reach USD 14.9 billion by the end of 2034 expanding at a CAGR of 6.4% during the forecast period i.e., between 2025-2034.

The major players in the market are Baxter International, Invacare Corporation, Drive DeVilbiss Healthcare, Arjo, and others

In terms of the rental model segment, the long-term (>6 months) segment is anticipated to garner the largest market share of 62.8% by 2034 and display lucrative growth opportunities during 2025-2034.

The market in North America is projected to hold the largest market share of 40.3% by the end of 2034 and provide more business opportunities in the future.
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