The Medical Equipment Rental Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Medical Equipment Rental Market?
The global market for medical equipment rental has witnessed significant growth in the past few years. The market was valued at $61.26 billion in 2024 and is projected to reach $64.43 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Medical Equipment Rental Industry?
The Medical Equipment Rental Global Market Report 2025 projects that by 2029, the market size will reach $82.45 billion. The Compound Annual Growth Rate (CAGR) is expected to be 6.4%.
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What are the Key Growth Drivers Fueling the Medical Equipment Rental Market?
The key drivers in the medical equipment rental market are:
• Rising healthcare costs driving demand for short term solutions
• Increasing need for adherence to stringent healthcare regulations
• Agility required in healthcare management
• Surge in global healthcare expansion
Global Market Segmentation: Identifying Major Medical Equipment Rental Industry Segments
The medical equipment rental market covered in this report is segmented –
1) By Type: Personal Or Home Care Equipment, Electronic Or Digital Equipment, Surgical Equipment, Durable Medical Equipment, Long Term Care, Acute Care, Emergency And Trauma, Storage And Transport
2) By End-User: Hospitals, Personal Or Home Care, Institutional, Other End-Users
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What are the Emerging Trends Shaping the Future of the Medical Equipment Rental Market?
The key trends in the medical equipment rental market are:
• Increasing demand for cost-effective solutions is shaping the future of the market.
• Technological advancements are driving the trend towards equipment rentals.
• The rise of home healthcare services is a significant emerging trend.
• There is a growing need for flexibility and scalability, along with a focus on sustainable practices.
Who Are the Top Competitors & Leading Players in the Medical Equipment Rental Market?
The major players in the medical equipment rental market are:
• Siemens Financial Service Inc
Regional Dominance: Which Area Leads the Global Medical Equipment Rental Market?
North America was the largest region in the medical equipment rental market in 2024
