Innovations in Durable Medical Equipment Rental | Enhancing Patient Care and Mobility

According to Future Market Insights' recently released Durable Medical Equipment Rental Market Analysis report, revenue from the Durable Medical Equipment Rental Market in 2023 is anticipated to reach US$ 27 billion and US$ 47 billion by 2033, with a CAGR of 5.7% from 2023 to 2033. Hospitals are expected to generate the most revenue, with a CAGR of more than 5.7% from 2023 to 2033.

Healthcare organisations are currently working in a volatile environment, undergoing seismic shifts as a result of new medical therapies and increased internet usage. As a result, astute patients have become more circumspect, and unparalleled online access to large amounts of information has expanded. As a result, there is an increased demand for intelligent, cost-effective, and personalised healthcare services. COVID-19 has also improved demand for healthcare and related products and services, hence improving total healthcare business performance. This has produced ideal conditions for the renting of long-lasting medical equipment.

Despite anticipated and exponential growth, healthcare providers are still struggling to find a long-term financing solution to invest in cutting-edge technology and equipment to meet the demands of an increasingly demanding client base. Renting medical equipment could be the next big thing in the global healthcare industry, providing cost-effective and affordable alternatives in tough economic times.

The industry's expansion is expected to be hampered by a lack of uniform regulatory criteria for medical equipment rental services, as well as high pricing. Furthermore, few medical gadgets come with insurance, which will impede the growth of the worldwide medical equipment rental market.

North America will lead the market in 2022. This is due to the country's robust healthcare system and government funding for privately run hospitals, clinics, and diagnostic centres.

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.

Get More Insights@ https://www.futuremarketinsights.com/reports/durable-medical-equipment-rental-market

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

Comments

Post a Comment

Popular posts from this blog

Handheld Ultrasound Scanners Market Will Generate Booming Growth Opportunities to 2032

Image
According to industry predictions, the global Handheld Ultrasound Scanners Market Demand will increase at a CAGR of 9.1% from 2022 to 2032, reaching a value of US$ 472.1 million by the end of 2022. By 2032, sales are estimated to exceed a valuation of roughly US$ 1.1 billion. With an expected 83.6% market share in 2021, the wired modality now leads the sector. Because they connect to Bluetooth or Wi-Fi devices such as mobile phones or tablets, Handheld Ultrasound Scanners are gaining appeal among both medical professionals and non-radiologists. These devices improve networking systems and ease picture transfer to medical facilities. Global Handheld Ultrasound Scanners Market: Dynamics         Technological advancements in medical imaging devices, increased use of Handheld Ultrasound Scanners among non-radiologists, benefits from international trade agreements, increased importing of imaging diagnostics systems, increased use of Handheld Ultrasoun...
Read more

Global Medical face shield Market Insights and Outlook 2022-2032

Image
Medical face shield can become as ubiquitous as masks, as new findings on the airborne spread of Covid-19 influence behavior and guidelines. According to a latest study by Future Market Insights,  Medical Face Shields Market  will grow at over 11% CAGR through 2030. Medical face shields have proven to be an effective first-line defence against airborne diseases such as Zika, SARS, Ebola, flu, and now Covid-19. As a result, increased adoption of medical face shields, and thus increased production, is expected to drive the market during the forecast period. The IDSA (Infectious Diseases Society of America) has included the use of PPE (Personal Protective Equipment) such as face shields and masks in its recommendations. Though masks have been widely used throughout the world, their effectiveness is not widely known. The possibility of cloth masks providing marginal virus protection due to potential moisture retention, poor filtration, and re-use cannot be ruled out. Face ...
Read more

Aesthetic Medical Devices Market 2022-2032: Advanced R&D Process Strategies

Image
A recently published study by FMI expects the global  Aesthetic Medical Devices Market  to augment at a 9.6% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 35000 Million is expected for the market. The increase may be attributed mostly to the increased development of technologically advanced and user-friendly devices, as well as the rising desire for cosmetic treatments among individuals. In addition to that, the popularity of minimally invasive and non-invasive aesthetic operations is expanding internationally as a result of loose facial skin, particularly around the eyes, jowls, and cheeks; and dry or roughened skin, among other important changes that occur as a person ages. Furthermore, the demand for aesthetic devices is rising due to the growing popularity of cosmetic operations among those seeking to improve their looks and stand out from the crowd. Key Takeaways from the Market Study FMI projects the global aesthetic ...
Read more