Medical equipment rental consist of range of equipment and instruments that are used in healthcare settings. This medical equipment rental industry consist of companies which are engaged in rental of medical as well as surgical equipment. Medical rental equipment consist of equipment such as, durable medical equipment, storage and transport equipment and surgical equipment. The market is driven by factor such as, rising preference for rental devices instead of procuring and increased demand for home healthcare.
MARKET DYNAMICS
The Medical Equipment Rental market is anticipated to grow in the forecast period owing to factors such as, rising preference for rental devices instead of procuring them, increased prevalence of chronic diseases across the globe which also need monitoring devices at home so rise in demand for home care settings. Moreover, rising healthcare expenditure and technological advancements in medical device industry are also expected to boost market growth during forecast period.
MARKET SCOPE
The "Medical Equipment Rental Market" is a specialized and in-depth study of the Medical Device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Medical Equipment Rental market with detailed market segmentation by product and end use. The Medical Equipment Rental Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in Medical Equipment Rental Market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Medical Equipment Rental Market is segmented on the basis of product and end use. On the basis of product the market is segmented as, surgical equipment, durable medical equipment and storage as well as transport equipment. And on the basis of end use the market is segmented as, institutional, hospital and homecare.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Medical Equipment Rental Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Medical Equipment Rental Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Medical Equipment Rental Market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Medical Equipment Rental Market in these regions.
MARKET PLAYERS
The report covers key developments in the Medical Equipment Rental Markets organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Medical Equipment Rental Market are anticipated to have lucrative growth opportunities in the future with the rising demand for, Medical Equipment Rental market in the global market. Below mentioned is the list of few companies engaged in the Medical Equipment Rental Market.
The report also includes the profiles of key players in Medical Equipment Rental Market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Hill-Rom Holdings, Inc.
- Siemens Financial Service, Inc.
- Nunn's home Medical Equipment
- Westside Medial Supply
- Universal Hospital Services, Inc.
- Woodley Equipment Company Ltd.
- Stryker Corporation
- Apria Healthcare Group, Inc.
- Centric Health Corporation
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.