UK Medical Equipment Rental Market Size & Outlook
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UK medical equipment rental market highlights
- The UK medical equipment rental market generated a revenue of USD 4.1 billion in 2023 and is expected to reach USD 6.2 billion by 2030.
- The UK market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, durable medical equipment was the largest revenue generating product in 2023.
- Surgical Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
Medical equipment rental market data book summary
| Market revenue in 2023 | USD 4.1 billion |
| Market revenue in 2030 | USD 6.2 billion |
| Growth rate | 6.3% (CAGR from 2024 to 2030) |
| Largest segment | Durable medical equipment |
| Fastest growing segment | Surgical Equipment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Surgical Equipment, Durable Medical Equipment, Storage and Transport |
| Key market players worldwide | Universal Health Services Inc Class B, Woodley Equipment Company, Nunn’s Home Medical Equipment, Siemens Financial Services, Stryker Corp, Hill-Rom, Blackstone Inc, Avante Animal Health, GE HealthCare Technologies Inc Common Stock, Centric Health Corp. |
Other key industry trends
- In terms of revenue, UK accounted for 7.0% of the global medical equipment rental market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK medical equipment rental market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 2.5 billion by 2030.
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Medical Equipment Rental Market Scope
Medical Equipment Rental Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Centric Health Corp. | View profile | 501-1000 | Toronto, Ontario, Canada, North America | http://www.centrichealth.ca/ |
| Siemens Financial Services | View profile | 1001-5000 | Munich, Bayern, Germany, Europe | http://finance.siemens.com/financialservices/global/en/pages/home.aspx |
| Blackstone Inc | View profile | 4735 | 345 Park Avenue, New York, NY, United States, 10154 | https://www.blackstone.com |
| Avante Animal Health | View profile | 51-100 | Louisville, Kentucky, United States, North America | https://avantevet.com |
| Woodley Equipment Company | View profile | 101-250 | Bolton, Bolton, United Kingdom, Europe | http://www.woodleyequipment.com |
| Nunn’s Home Medical Equipment | View profile | 101-250 | Rome, New York, United States, North America | https://www.nunnshme.com |
| Hill-Rom | View profile | 10001+ | Chicago, Illinois, United States, North America | https://www.hillrom.com/ |
| Universal Health Services Inc Class B | View profile | 96700 | 367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, United States, 19406-0958 | https://www.uhs.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| GE HealthCare Technologies Inc Common Stock | View profile | 51000 | 500 West Monroe Street, Chicago, IL, United States, 60661 | https://www.gehealthcare.com |
UK 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 medical equipment rental market will help companies and investors design strategic landscapes.
Durable medical equipment was the largest segment with a revenue share of 36.59% in 2023. Horizon Databook has segmented the UK medical equipment rental market based on surgical equipment, durable medical equipment, storage and transport covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of UK medical equipment rental market databook
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Our clientele includes a mix of 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 country-level data and insights on the UK medical equipment rental market , including forecasts for subscribers. This country databook contains high-level insights into UK medical equipment rental market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK medical equipment rental market size, by product, 2018-2030 (US$B)
UK Medical Equipment Rental Market Outlook Share, 2023 & 2030 (US$B)
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