Medical Equipment Rental Market Share

  • Report ID: 495
  • Published Date: Jul 22, 2024
  • Report Format: PDF, PPT

Medical Equipment Rental Market Share

Regionally, the global medical equipment rental market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America is projected to hold the largest market share by the end of 2036, owing to the growing investments in healthcare infrastructure in the region. 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, followed by China (20%), Mexico (9%), and Germany (4%).

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Medical Equipment Rental Market Size
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Author Credits:  Radhika Pawar


  • Report ID: 495
  • Published Date: Jul 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of medical equipment rental is estimated at USD 62 Billion.

The medical equipment rental market size was valued at USD 59.08 Billion in 2023 and is set to exceed USD 118.5 Billion by the end of 2036, registering over 5.5% CAGR during the forecast period i.e., between 2024-2036. Increased demand for advanced technologies equipment and increasing prevalence of Chronic Diseases are anticipated as the growth drivers of the market.

North America industry is projected to hold majority revenue share by 2036, propelled by growing investments in healthcare infrastructure in the region.

Apria Healthcare Group, Inc., Universal Hospital Services, Inc., US Med-Equip, Inc., Huron Hospital Medical Equipment, Westside Medical Supply, Inc., Centric Health Corporation, Hill-ROM Holdings, Inc., Nunn’s Home Medical Equipment, Walgreen co., Woodley Equipment Company ltd.
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