Renting medical equipment is sometimes the best approach being fast, convenient and financially viable option to lower the overall cost of patient rehab and medical expenses. The two main types of patient care medical equipment for rental includes durable medical equipment (DME) – iron lungs, oxygen tents, Nebulizers, CPAP, catheters, transfer benches, hospital beds, patient lifts, transfer or stretcher chairs, and wheelchairs and home medical equipment – devices used for patients whose care is being managed from a home or other private facility managed by a nonprofessional caregiver or family member. Medical equipment forms a group of instruments that are required during medical procedures or for patient care. The high-end and technologically advanced medical equipment are required only on certain special situations or for routine periodic assistance, renting such products became the likely course of action for many medical institutes, medical practitioners and patients.
The global medical equipment rental market report estimates the market size (Revenue US$ million – 2014 to 2021) for key market segments based on type of equipment (DME – acute, long term and emergency care, digital devices, surgical devices and storage and transport devices) and end users (personal or home care – chronic and geriatric patients, preventive care monitoring, short term or outpatient care; institutional – health care, hospitals, nursing homes, and medical laboratories) and forecasts growth trends (CAGR% – 2017 to 2021).
The global medical equipment rental market report also provides the detailed market landscape, market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the global market including company overview, financial snapshot, key products, technologies and services offered, and recent developments. The global medical equipment rental market research report is divided by geography (regional and country based) into North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World.
Major players operating in the global medical equipment rental market and included in this report are 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., and Westside Medical Supply, Inc.