Medical Equipment Rental Market Size, Share, and Trends 2024 to 2034

The global medical equipment rental market size is calculated at USD 59.06 billion in 2025 and is forecasted to reach around USD 91.28 billion by 2034, accelerating at a CAGR of 5% from 2025 to 2034. The North America medical equipment rental market size surpassed USD 18.64 billion in 2024 and is expanding at a CAGR of 5.30% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 2442
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Medical Equipment Rental Market 

5.1. COVID-19 Landscape: Medical Equipment Rental Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Medical Equipment Rental Market, By Product

8.1. Medical Equipment Rental Market, by Product

8.1.1. Durable

8.1.1.1. Market Revenue and Forecast

8.1.2. Surgical

8.1.2.1. Market Revenue and Forecast

8.1.3. Storage and Transport

8.1.3.1. Market Revenue and Forecast

Chapter 9. Global Medical Equipment Rental Market, By End User

9.1. Medical Equipment Rental Market, by End User

9.1.1. Hospitals

9.1.1.1. Market Revenue and Forecast

9.1.2. Institutes

9.1.2.1. Market Revenue and Forecast

9.1.3. Personal

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Medical Equipment Rental Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Product

10.1.2. Market Revenue and Forecast, by End User

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Product

10.1.3.2. Market Revenue and Forecast, by End User

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Product

10.1.4.2. Market Revenue and Forecast, by End User

10.2. Europe

10.2.1. Market Revenue and Forecast, by Product

10.2.2. Market Revenue and Forecast, by End User

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Product

10.2.3.2. Market Revenue and Forecast, by End User

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Product

10.2.4.2. Market Revenue and Forecast, by End User

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Product

10.2.5.2. Market Revenue and Forecast, by End User

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Product

10.2.6.2. Market Revenue and Forecast, by End User

10.3. APAC

10.3.1. Market Revenue and Forecast, by Product

10.3.2. Market Revenue and Forecast, by End User

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Product

10.3.3.2. Market Revenue and Forecast, by End User

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Product

10.3.4.2. Market Revenue and Forecast, by End User

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Product

10.3.5.2. Market Revenue and Forecast, by End User

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Product

10.3.6.2. Market Revenue and Forecast, by End User

10.4. MEA

10.4.1. Market Revenue and Forecast, by Product

10.4.2. Market Revenue and Forecast, by End User

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Product

10.4.3.2. Market Revenue and Forecast, by End User

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Product

10.4.4.2. Market Revenue and Forecast, by End User

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Product

10.4.5.2. Market Revenue and Forecast, by End User

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Product

10.4.6.2. Market Revenue and Forecast, by End User

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Product

10.5.2. Market Revenue and Forecast, by End User

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Product

10.5.3.2. Market Revenue and Forecast, by End User

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Product

10.5.4.2. Market Revenue and Forecast, by End User

Chapter 11. Company Profiles

11.1. Westside medical supply

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Universal hospital services

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Woodley Equipment Co limited

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Siemens financial services

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Nunns's home medical equipment

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global medical equipment rental market size was accounted at USD 56.25 billion in 2024 and it is expected to reach around USD 91.28 billion by 2034.

The global medical equipment rental market is poised to grow at a CAGR of 5% from 2025 to 2034.

The major players operating in the medical equipment rental market are Westside medical supply, Universal hospital services, Woodley Equipment Co limited, Siemens financial services, Nunns's home medical equipmentWhich are the driving factors of the medical equipment rental market?

The driving factors of the medical equipment rental market are an increase in the number of devices rented will also help in the growth of the market, availability of innovative products on rent and renting services used by medical personnel.

North America region will lead the global medical equipment rental market during the forecast period 2025 to 2034.

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