Medical Equipment Rental Market Share

  • Report ID: 495
  • Published Date: Oct 10, 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 2037, 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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Author Credits:  Radhika Pawar


  • Report ID: 495
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of medical equipment rental is assessed at USD 65.38 billion.

The medical equipment rental market size was valued at USD 62.62 billion in 2024 and is anticipated to reach USD 125.14 billion by the end of 2037, expanding at around 5.6% CAGR during the forecast period i.e., between 2025-2037. Increased demand for advanced technologies equipment and increasing prevalence of Chronic Diseases will drive the market growth.

North America industry is projected to hold majority revenue share by 2037, propelled by growing investments in healthcare infrastructure in the region.

The major players in the market include 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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