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Medical Equipment Rental Market Size to Reach Around $65.4 Billion by 2026: CAGR 4.5%

Medical Equipment Rental Market (By Product: Surgical Equipment, Durable Medical Equipment [Personal Mobility Devices, Bathroom Safety and Medical Furniture, Monitoring and Therapeutic Devices], Storage and Transport; By End-user: Personal/Home care, Institutional, Hospitals) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

 

Pune, India -- (SBWIRE) -- 02/26/2019 -- The global medical equipment rental market size is anticipated to around USD 65.4 billion by 2026, this market is anticipated to grow with 4.5% CAGR during the forecast time period.

Growing base of geriatric and handicapped populace combined with rising requirement for home medicinal services items is pushing the market.

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Rising need for innovatively progressed clinical gadgets and expanding healthcare spending use is empowering R&D exercises in the medical devices industry are bringing about dispatch of costly variations of medicinal items. This is foreseen to emphatically impact the development of the restorative hardware rental market.

Strength of sturdy therapeutic gear (DME) can be credited to expanding reception of individual portability and help helps by disabled individuals. Likewise, increasing need for monitoring and therapeutic instruments due to growing patient pool and constant technological upgradation in these gadgets are encouraging the development of the DME rental market.

Rise of financial services for renting healthcare equipment in the past few years has developed to be a shelter for institutes, hospitals, and other healthcare providers. Additionally, leasing hardware gives money saving advantages to end clients, as it diminishes proprietorship costs and thus enables these players to receive propelled product modules.

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Rising concerns in regards to palliative consideration combined with administrative changes for the equivalent are ready to expand the market. Administrative change or projects received by hospitals for palliative consideration are bringing about expanded interest for rental equipment.

The global medical equipment rental market is segmented into product, end-user and region. On the basis of product, the global medical equipment rental market is segmented into surgical equipment, durable medical equipment and storage and transport. Durable medical equipment is bifurcated into personal mobility devices, bathroom safety and medical furniture, and monitoring and therapeutic devices. On the basis of end-user, the global medical equipment rental market is segmented into personal/home care, institutional, and hospitals. On the basis of region the global Medical equipment rental market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.

North America overwhelmed the market in 2018 and is required to stay prevailing through 2025. Occurrence of a large number of service providers and high need for technically progressive products are rising the development of the regional medical equipment rental market. The region faces issues of extra spending on purchase of latest therapeutic device or equipment, which can be tackled by leasing equipment.

The region was trailed by Europe in 2018 as far as revenue. Rising occurrence of chronic diseases, for example, Parkinson's, Huntington's illness, and atherosclerosis, expansion of home health care, and quickly developing geriatric populace are giving a fillip to the market in Europe. Also, educational institutes and research labs are anticipating diminishing operational and acquirement costs, prompting more prominent appropriation of rental gear all inclusive.

Asia Pacific is foreseen to show the most astounding CAGR during the forthcoming years. Augmenting base of geriatric populace and developing steady government activities in creating economies are essential development stimulants for the development of the regional market.

The key players catering to the global Medical equipment rental market are Woodley Equipment Company Ltd., Hill-Rom Holdings, Inc., Westside Medical Supply, Nunn's Home Medical Equipment, Universal Hospital Services, Inc., and Siemens Financial Services, Inc.

Table Of Contents:

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Medical Equipment Rental
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Medical Equipment Rental Market By Product
1.2.2.1. Global Medical Equipment Rental Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Medical Equipment Rental Market Revenue Share By Product in 2017
1.2.2.3. Surgical Equipment
1.2.2.4. Durable Medical Equipment
1.2.2.5. Storage and Transport
1.2.2.6. Others
1.2.3. Medical Equipment Rental Market By End-user
1.2.3.1. Global Medical Equipment Rental Market Revenue and Growth Rate Comparison By End-user (2015-2026)
1.2.3.2. Global Medical Equipment Rental Market Revenue Share By End-user in 2017
1.2.3.3. Personal/Home care
1.2.3.4. Institutional
1.2.3.5. Hospitals
1.2.3.6. Others
1.2.4. Medical Equipment Rental Market by Geography
1.2.4.1. Global Medical Equipment Rental Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Medical Equipment Rental Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Medical Equipment Rental Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Medical Equipment Rental Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Medical Equipment Rental Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Medical Equipment Rental Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Medical Equipment Rental Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Medical Equipment Rental Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Medical Equipment Rental Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Medical Equipment Rental Major Manufacturers in 2017

CHAPTER 4. MEDICAL EQUIPMENT RENTAL MARKET BY PRODUCT

4.1. Global Medical Equipment Rental Revenue By Product
4.2. Surgical Equipment
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Durable Medical Equipment
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Storage and Transport
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Others
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. MEDICAL EQUIPMENT RENTAL MARKET BY END-USER

5.1. Global Medical Equipment Rental Revenue By End-user
5.2. Personal/Home care
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Institutional
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Hospitals
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA MEDICAL EQUIPMENT RENTAL MARKET BY COUNTRY

6.1. North America Medical Equipment Rental Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Medical Equipment Rental Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Medical Equipment Rental Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE MEDICAL EQUIPMENT RENTAL MARKET BY COUNTRY

7.1. Europe Medical Equipment Rental Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Medical Equipment Rental Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC MEDICAL EQUIPMENT RENTAL MARKET BY COUNTRY

8.1. Asia-Pacific Medical Equipment Rental Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Medical Equipment Rental Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA MEDICAL EQUIPMENT RENTAL MARKET BY COUNTRY

9.1. Latin America Medical Equipment Rental Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Medical Equipment Rental Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST MEDICAL EQUIPMENT RENTAL MARKET BY COUNTRY

10.1. Middle East Medical Equipment Rental Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Medical Equipment Rental Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA MEDICAL EQUIPMENT RENTAL MARKET BY COUNTRY

11.1. Africa Medical Equipment Rental Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Medical Equipment Rental Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By End-user, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Woodley Equipment Company Ltd.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Hill-Rom Holdings, Inc.
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Westside Medical Supply
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Nunn's Home Medical Equipment
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Universal Hospital Services, Inc.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Siemens Financial Services, Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Others
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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