Press release
With 4.2% CAGR, Medical Equipment Rental Market to Surpass US$ 70.95 Bn by 2028 - Global Analysis by TMR
Medical Equipment Rental
Analysts foresee significant opportunities for rented medical equipment providers in the post-COVID-19 era, driven by the increasing demand for electronic and digital equipment. However, lack of transparency in rental agreements poses challenges for consumers in negotiating better pricing options. To address this, providers should collaborate with insurance companies to educate customers and medical practitioners about fair market value prices and insurance replacement costs. The healthcare industry is witnessing a notable shift from procurement to renting of medical devices, signaling a prominent trend for the future.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ซ๐๐ฏ๐๐ฅ๐๐ง๐๐ ๐จ๐ ๐๐ก๐ซ๐จ๐ง๐ข๐ ๐๐ข๐ฌ๐๐๐ฌ๐๐ฌ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
By 2030, cardiovascular disease-related deaths are expected to reach 23.3 million. Chronic conditions like hypertension, diabetes, and respiratory ailments necessitate consistent monitoring. Additionally, the American Diabetes Association predicts that by 2050, one in three U.S. adults will have diabetes. This surge in chronic disease diagnoses fuels demand for home health care devices and services, driving the rental medical equipment market. Consequently, the uptake of home care medical devices such as rehabilitation, diabetes supplies, and mobility aids is expected to rise.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐จ๐ง ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
ย
Apria Healthcare Group, Inc.,Centric Health Corporation.,Hill-ROM Holdings, Inc.,Nunn's Home Medical Equipment,Port Huron Hospital Medical Equipment,US Med-Equip, Inc.,Universal Hospital Services, Inc.,Woodley Equipment Company Ltd.,Walgreen Co.,Westside Medical Supply, Inc.
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๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐๐ฏ๐ข๐๐ ๐๐ฒ๐ฉ๐
Personal / Home care Equipment
Electronic / Digital Equipment
Surgical Equipment
Durable Medical Equipment
Long Term Care
Acute Care
Emergency and Trauma
Storage and Transport
๐๐ฒ ๐๐ง๐-๐ฎ๐ฌ๐๐ซ
Personal / Home Care Medical Equipment Rental
Chronic and Geriatric Patients
Preventive Care / Monitoring
Short Term and Outpatient Care
Institutional Medical Equipment Rental
Hospitals
Healthcare Centers
Medical Nursing Homes
Medical Research Laboratories/Institutions
๐๐ฅ๐๐๐ ๐๐ง ๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
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๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
In Juneย 2020, MedOne Company stated that it would be opening a new center for providing rent and services of medical equipment. The new center is expected to open in North Carolina. U.S.
In Marchย 2020, Med-Equip announced that it would acquire Martab equipment management services. The acquisition is being carried out in order to offer rentals of devices specially made such as home testing kits.
๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
North America
Latin America
Europe
Latin America
Middle East & Africa
The medical equipment rental market is poised for continued growth and innovation, driven by evolving healthcare needs and technological advancements. As healthcare providers strive to optimize resource utilization and improve patient outcomes, the demand for rental services is expected to soar.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Adoption of innovative rental models such as pay-per-use and leasing agreements.
Integration of Internet of Things (IoT) and artificial intelligence (AI) technologies to enhance equipment efficiency and performance.
Growing emphasis on sustainability and eco-friendly rental practices.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Market size and growth projections
Market segmentation analysis
Regional dynamics and growth opportunities
Key drivers, challenges, and trends shaping the market
Competitive landscape and strategic initiatives of key players
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐ซ๐๐ค๐ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/04/27/2656616/0/en/Brake-Pad-Market-is-Expected-to-Accelerate-at-a-Whopping-7-3-CAGR-Reaching-US-30-9-Billion-by-2031-Transparency-Market-Research.html
๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐ข๐จ๐ฆ๐๐ญ๐ซ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/04/27/2656358/0/en/USD-74-08-Bn-Healthcare-Biometrics-Market-to-Expand-at-CAGR-of-15-5-during-2021-2028-Global-Analysis-by-Transparency-Market-Research.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a globalย market research companyย registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
ย
๐๐จ๐ง๐ญ๐๐๐ญ:
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