NEWARK, Del, Jan. 16, 2023 (GLOBE NEWSWIRE) -- Future Market Insights, a market research and competitive intelligence provider, analyzes that revenue through Durable Medical Equipment Rental is expected to witness a steady growth backed by the steady growth in demand of Bathroom Safety and Medical Furniture, which constitutes the largest market of Durable Medical Equipment Rental industry. According to the study, the global Durable Medical Equipment Rental market was valued at US$ 25.7 Bn in 2021 and is expected to expand at a CAGR of 5.7% during 2023-2033.
Healthcare companies are currently operating in a dynamic environment, facing seismic shifts as a result of the advent of novel medical treatments and rising internet usage. Astute patients have become more cautious as a result of this, as well as unequaled online access to incredible volumes of information. As a result, there is an increased need for smart, economical, and personalized healthcare services. COVID-19 has also resulted in increased demand for healthcare and related products and services, which has boosted the overall performance of the healthcare business. This has created favorable conditions for the rental market of durable medical equipment.
Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16401
Despite projected and exponential expansion, operators in the healthcare industry continue to struggle to find a sustainable financing alternative to invest in cutting-edge technology and equipment to keep up with an increasingly demanding client base. Rental medical equipment might be the next big thing in the global healthcare market, giving economical and cost-effective choices during difficult economic times.
However, it is anticipated that the industry's growth will be constrained by the absence of uniform regulatory standards for medical equipment rental services and high costs. In addition, it has been found that few medical devices come with insurance, which will impede the expansion of the global rental market for medical equipment.
North America dominated the market in 2022. This is due to the country's robust healthcare system and support from the government for privately owned hospitals, clinics, and diagnostic facilities.
Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-16401
Competitive Analysis
Some of the key players operating in the medical equipment rental market include Hill-Rom Holdings Inc., Stryker Corporation, Getinge AB, Siemens Financial Services Inc, Nunn’s Home Medical Equipment, Westside Medical Supply, Universal Hospital Services, Inc., Woodley Equipment Company Ltd., GE Healthcare, C.N.Y. Medical Products Inc., All American Medical Supply Corp., and Homepro Medical Supplies, LLC.
Some of the recent developments of key Durable Medical Equipment Rental providers are as follows:
- In June 2020, MedOne Company announced the launch of a new facility in North Carolina. U.S., for the rental and service of medical equipment.
- In March 2020, Med-Equip announced the acquisition of Martab's equipment management services. The acquisition is being carried out to provide rentals of custom-made gadgets such as home testing kits.
More Valuable Insights Available
Future Market Insights, in its new offering, presents an unbiased analysis of the Durable Medical Equipment Rental market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.
The study reveals essential insights by Application (Personal Mobility Devices, Bathroom Safety, and Medical Furniture, Monitoring and Therapeutic Devices), and by End Use (Personal/Homecare, Institutes and laboratories, Hospitals) across key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
Buy Complete Report @ https://www.futuremarketinsights.com/checkout/16401
About Future Market Insights (FMI)
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of a high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Market Segments Covered in Durable Medical Equipment Rental Market Analysis
By Application:
- Personal Mobility Devices
- Bathroom Safety and Medical Furniture
- Monitoring and Therapeutic Devices
By End Use:
- Personal/Homecare
- Institutes and laboratories
- Hospitals
By Region:
- North America
- Latin America
- Europe
- APAC
- MEA
View Full Report @ https://www.futuremarketinsights.com/reports/durable-medical-equipment-rental-market
Table of Content
- Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
- Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
- Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
Click Here for Durable Medical Equipment Rental Market 250 pages TOC Report
More Trending Reports by Future Market Insights:
Biosensors Market Size: Newly-released Biosensors Market analysis report by Future Market Insights shows that the global market size of the Biosensors Market in 2022 was held at US$ 24.5 Billion. With a CAGR of 9.5% during 2023 to 2033
Acrocallosal Syndrome Therapeutics Market Trends: The global acrocallosal therapeutics market is currently valued at US$ 147.9 Million in 2023 and is anticipated to expand at a CAGR of 10.8%. Owing to the technological advances in healthcare the market is likely to propel to US$ 412.4 Million by 2033.
Anorectal Malformation Treatment Market Growth: The global anorectal malformation treatment market is expected to surpass an impressive valuation of US$ 794.91 million in 2023 and is projected to exhibit a CAGR of 7.4% from 2023 to 2033, reaching US4 1,475.19 million
Diamond–Blackfan Anemia (DBAAASE) Syndrome Therapeutics Market Outlook: The global diamond–blackfan anemia (DBAAASE) syndrome therapeutics market size is expected to surpass an impressive valuation of US$ 4.8 billion in 2023 and is projected to exhibit a CAGR of 4.2% from 2023 to 2033.
Oncology-Based In-vivo CRO Market Forecast: The global Oncology-based In-vivo CRO Market was valued at around US$ 1 Billion in 2021. With a projected CAGR of 10.9% for the next ten years, the market is likely to reach a valuation of nearly US$ 2.9 by the end of 2033.
About Us :
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
