Medical Equipment Rental Market Share

  • Report ID: 495
  • Published Date: Feb 13, 2023
  • 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 2033, 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%).

Research Nester
Medical Equipment Rental Market Size
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Author Credits:  Radhika Pawar


  • Report ID: 495
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increased demand for advanced technologies equipment and increasing prevalence of Chronic Diseases are anticipated as the growth drivers of the medical equipment rental market.

The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023-2033.

Lack of insurance coverage and price knowledge and lack of quality are the hindrances affecting the market growth.

The market in North America is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Apria Healthcare Group, Inc., Huron Hospital Medical Equipment, Westside Medical Supply, Inc., Universal Hospital Services, Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, application and by region.

The durable medical equipment segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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