Global Durable Medical Equipment Rental Market Size & Outlook
Global durable medical equipment rental market, 2016-2028 (US$M)
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Global durable medical equipment rental market highlights
- The global durable medical equipment rental market generated a revenue of USD 25,462.4 million in 2021 and is expected to reach USD 35,376.1 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 4.8% by 2028.
- In terms of segment, bathroom safety and medical furniture accounted for a revenue of USD 14,371.0 million in 2021.
- Personal Mobility Devices is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, UK is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 25,462.4 million |
| Market revenue in 2028 | USD 35,376.1 million |
| Growth rate | 4.8% (CAGR from 2021 to 2028) |
| Largest segment | Bathroom safety and medical furniture |
| Fastest growing segment | Personal Mobility Devices |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Personal Mobility Devices, Bathroom Safety and Medical Furniture, Monitoring and Therapeutic Devices |
Other key industry trends
- In terms of revenue, the North America accounted for 32.4% of the global durable medical equipment rental market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, UK is the fastest growing regional market and is projected to reach USD 1,351.6 million by 2028.
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Durable Medical Equipment Rental Market Scope
Durable Medical Equipment Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global durable medical equipment rental market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to durable medical equipment rental market will help companies and investors design strategic landscapes.
Bathroom safety and medical furniture was the largest segment with a revenue share of 56.44% in 2021. Horizon Databook has segmented the Global durable medical equipment rental market based on personal mobility devices, bathroom safety and medical furniture, monitoring and therapeutic devices covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Durable Medical Equipment Rental Application Outlook (Revenue, USD Million, 2016-2028)
- Personal Mobility Devices
- Bathroom Safety and Medical Furniture
- Monitoring and Therapeutic Devices
- Global Durable Medical Equipment Rental End User Outlook (Revenue, USD Million, 2016-2028)
- Personal/Home care
- Institutes and laboratories
- Hospitals
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Target buyers of Global durable medical equipment rental market databook
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Our clientele includes a mix of durable medical equipment rental market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global durable medical equipment rental market , including forecasts for subscribers. This global databook contains high-level insights into Global durable medical equipment rental market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global durable medical equipment rental market size, by region, 2016-2028 (US$M)
Top 10 countries: Durable medical equipment rental market size, 2021 (US$M)
Global durable medical equipment rental market share, by application, 2021 & 2028 (%, US$M)
Durable medical equipment rental market: Opportunity assessment by country
Global durable medical equipment rental market, by region, 2021 (US$M)
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