Base Year
Historical Year
Forecast Year
The global durable medical equipment rental market size was valued at USD 35.7 billion in 2024, driven by the increasing awareness about such services among people across the globe. The market size is anticipated to grow at a CAGR of 5.2% during the forecast period of 2025-2034 to achieve a value of USD 56.2 billion by 2034.
Durable medical equipment rental (DME) is used to cure individuals with various medical conditions. It helps a patient perform daily tasks such as wheelchairs, walkers, neck braces, post-surgery protective eyewear, power scooters, and a host of other things. Continuous positive airway pressure (CPAP) machines that help patients in breathing with ease also belong to the category. DMEs are reusable and are suitable for use at home too. These durable medical equipment rentals are services that provide medical equipment to healthcare facilities, organizations, and individuals only on a rental basis or lease-based agreement. The fulfillment of short-term/long-term needs or requirements of individuals or healthcare facilities is the key purpose of such services.
The market growth is driven by the rising awareness of rental services that help the consumer save a good amount of money on a piece of medical equipment that is required only for a short time span or temporary basis. Companies that manufacture medical equipment are also showing interest in providing such services to healthcare facilities and individuals along with manufacturing.
The expansion of such services by reliable and established names in the market is a major factor driving the global durable medical equipment rental market demand. For example, NanoVibronix, Inc., a medical device company that utilizes their proprietary and patented low-intensity surface acoustic wave (SAW) technology to develop medical devices, officially launched a monthly rental program for its lead products, PainShield and UroShield in May 2023.
This service would be available to patients with a valid prescription on a monthly basis for at-home usage. The company has claimed this service to be affordable for healthcare facilities as well as individuals which will directly contribute to the increased demand for durable medical equipment rental services in the market, bolstering the market growth.
Market Breakup by Duration
Market Breakup by Application
Market Breakup by End User
Market Breakup by Region
The growth of the market is driven by the increased preference for home care by individuals. The growing awareness about the availability of such a rental market is a major factor contributing to the market growth. Such services provide the convenience for the customers to rent the medical equipment they need rather than having to buy it, which may involve a huge sum of money as medical equipment is expensive and required for a short period of time.
The durable medical equipment rental market growth is driven by the convenience provided by this service because buying the equipment might not be affordable and convenient for everyone. These services are equally opted by hospital facilities to stay updated with technological advancements taking place in the medical field, contributing to the rising market demand.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
Please note that this only represents a partial list of companies, and the complete list has been provided in the report.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Duration |
|
| Breakup by Application |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market attained a value of about USD 35.7 billion in 2024, driven by its cost efficiency.
The market is anticipated to grow at a CAGR of 5.2% during the forecast period of 2025-2034, likely to reach a market value of USD 56.2 billion by 2034.
Rising prevalence of medical conditions and the increasing awareness about such rental services among people is a major factor driving the market growth.
Trustworthy market key players focusing on providing these services at affordable prices to individual and healthcare facilities is a major trend influencing the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
Types of services include acute care, long-term care, and emergency and trauma care.
These services are available for different durations based on the conditions. It can be categorised into acute care, long term care, emergency, and trauma care.
They find wide applications in personal mobility devices, bathroom safety and medical furniture, monitoring, and therapeutic devices.
The end users in the market include personal/home care, institutes and laboratories, and hospitals, among others.
Key players involved in the market are Siemens Financial Services, Inc., Woodley Equipment Group, Nunn’s Home Medical Equipment Company Ltd., Med One Group, Hill-Rom Holdings Inc., Westside Medical Supply, GE Healthcare, All American Medical Supply Corp, Homepro Medical Supplies, LLC, Universal Hospital Services, Inc, Getinge AB, and Stryker.
Datasheet
USD 2,969
USD 2,499
tax inclusive*
Single User License
One User
USD 5,499
USD 4,699
tax inclusive*
Five User License
Five Users
USD 6,599
USD 5,599
tax inclusive*
Corporate License
Unlimited Users
USD 7,699
USD 6,599
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share