Durable Medical Equipment Rental Market Size, Share, and Growth Analysis

Global Durable Medical Equipment Rental Market

Durable Medical Equipment Rental Market By Product (Wheelchairs, Scooters), By Application (Personal mobility devices, Bathroom safety and medical furniture), By End User, By Region - Industry Forecast 2025-2032


Report ID: SQMIG35A2559 | Region: Global | Published Date: February, 2025
Pages: 219 |Tables: 63 |Figures: 75

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Durable Medical Equipment Rental Market Insights

Global Durable Medical Equipment Rental Market size was valued at USD 27.56 billion in 2023 and is poised to grow from USD 29.21 billion in 2024 to USD 46.56 billion by 2032, growing at a CAGR of 6.0% during the forecast period (2025-2032). 

The expansion of this sector can be attributed to the robust demand for home care services and the substantial costs associated with medical equipment, further underscored by the mounting need to control healthcare expenses.

The market's momentum is also propelled by the increasing elderly and disabled population, which is driving the requirement for long-term care and personalized mobility and safety devices. In this context, rental services offer short-term arrangements that are more economically feasible compared to outright purchases.

Leading companies, like Block Imaging, integrate service coverage within rental pricing. This includes provisions for preventive maintenance, parts replacement, engineer labor, uptime assurances, and around-the-clock call center support, collectively minimizing quality concerns associated with durable medical equipment (DME) rentals. Given the predominant user demographic of elderly or disabled individuals, these service provisions foster convenience and elevate living standards.

Swift technological advancements contributing to the swift obsolescence of products drive consumers and healthcare institutions toward embracing DME rental solutions.

For instance, the development of advanced accessories for walking aids or sophisticated versions like rollators, enhancing user comfort, encourages the adoption of DME rentals to access novel and improved products. Upgrading medical equipment serves as a pivotal marketing strategy for rental companies, generating supplementary revenue streams.

US Durable Medical Equipment Rental Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2025-2032

Global Market Size

USD 27.56 billion

Largest Segment

Bathroom Safety and Medical Furniture

Fastest Growth

Bathroom Safety and Medical Furniture

Growth Rate

6.0% CAGR

Global Durable Medical Equipment Rental Market ($ Bn)
Country Share for North America Region (%)

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Durable Medical Equipment Rental Market Segments Analysis

Global Durable Medical Equipment Rental Market is segmented by Product, Application, End User and region. Based on Product, the market is segmented into Wheelchairs, Scooters, Walker and Rollators, Cranes and Crutches, Door Openers, Commodes and Toilets, Mattress & Bedding Devices, Blood glucose monitors, Continuous passive motion (C.P.M.) devices, Infusion pumps, Nebulizers, Oxygen equipment, Continuous Positive Airway Pressure (CPAP) devices, Suction pumps, Traction equipment and Others equipment. Based on Application, the market is segmented into Personal mobility devices, Bathroom safety and medical furniture and Monitoring and therapeutic devices. Based on End User, the market is segmented into Hospitals & surgical centers, Ambulatory surgical centers, Long-term care centers and Home care. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.  

Durable Medical Equipment Rental Market Analysis By Application

The segment of bathroom safety and medical furniture emerged as the dominant force in the DME rental market, commanding a substantial revenue share of 56.4% in the year 2022. This prevalence can be attributed to the escalating presence of chronic illnesses that necessitate prolonged care, subsequently driving the heightened demand for rental services concerning essential equipment like mattresses, bedding, anti-skid bathroom fixtures, and toilet safety rails.

The sphere of personal mobility devices is projected to undergo rapid expansion during the forecast period, largely fueled by the accessibility of technologically advanced, compact, and portable mobility aids. Moreover, the escalating occurrences of ailments like rheumatoid arthritis and osteoporosis are anticipated to significantly contribute to the growth of this specific segment.

Durable Medical Equipment Rental Market Analysis By End - Use

The sector of hospitals emerged as the frontrunner in the domain of DME rental, commanding the majority of the market with a substantial revenue share of 59.2% in the year 2022. This dominance can be ascribed to various factors including the practice of bulk leasing, the notable influx of patients, the mounting pressure to curtail expenses, and the pronounced requirement for technologically advanced products within these healthcare settings.

Global Durable Medical Equipment Rental Market By Type

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Durable Medical Equipment Rental Market Regional Insights

In 2022, North America firmly held the reins of the DME rental market, boasting the largest slice of the revenue pie at 32.5%. This commanding position can be attributed to a combination of recent economic deceleration, the burgeoning geriatric population, and the heightened prevalence of lifestyle-related ailments. These factors are expected to collectively contribute to the region's market expansion. Additionally, the surge in governmental initiatives aimed at reining in healthcare expenses is projected to create a favorable environment for market growth.

Across the Asia Pacific region, the DME rental market is poised to experience robust growth during the forecast period. This optimistic outlook is chiefly influenced by the region's substantial patient pool, which consequently fuels a robust demand for advanced healthcare infrastructure. Furthermore, the presence of government programs aimed at enhancing the affordability and accessibility of patient assistance devices, coupled with the burgeoning geriatric demographic, is poised to act as key catalysts for segment growth. For example, the United Nations Population Fund (UNFPA) predicts that by 2050, the Asia Pacific region will be home to an estimated 1.3 billion individuals aged 60 and above. This demographic shift is expected to significantly drive demand for durable medical equipment across the region. The resulting high demand, coupled with the costliness of such equipment, is anticipated to trigger an upsurge in the demand for DME rental services, given that renting presents a more cost-effective alternative.

Global Durable Medical Equipment Rental Market By Region
  • Largest
  • Fastest

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Durable Medical Equipment Rental Market Dynamics

Durable Medical Equipment Rental Market Drivers

Rising Healthcare Costs

  • The escalating cost of purchasing and maintaining durable medical equipment (DME) is pushing healthcare organizations and patients toward rental services as a cost-effective solution.

Government Initiatives

  • Government initiatives to curb healthcare expenditure and improve patient access to medical equipment are driving the adoption of DME rental.

Aging Population

  • The growing geriatric demographic requires long-term care and personalized medical equipment, boosting the demand for DME rental.

Durable Medical Equipment Rental Market Restraints

Regulatory Challenges

  • Stringent regulations and compliance standards for medical equipment rental can pose obstacles for service providers, potentially hindering market growth.

Quality Concerns

  • Quality concerns related to maintenance, cleaning, and safety of rental equipment can deter some customers from choosing rental options.

Economic Uncertainty

  • Economic downturns can impact healthcare budgets and patients' willingness to spend on rental services, affecting market growth.

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Durable Medical Equipment Rental Market Competitive Landscape

The competitive landscape of the global durable medical equipment (DME) rental market is characterized by the presence of both established players and emerging entrants striving to capture a share of the growing market. Leading companies are focusing on expanding their product portfolios, improving service quality, and leveraging technological advancements to maintain a competitive edge. These players often offer a wide range of DME rental options to cater to various medical needs and preferences.

Several key companies dominate the market, including Block Imaging, Hill-Rom Holdings Inc., Medline Industries, Inc., Universal Hospital Services, Inc., and Woodley Equipment Company Ltd., among others. These industry leaders often possess extensive networks of distribution, robust customer relationships, and well-established rental programs.

Top Players in Durable Medical Equipment Rental Market

  • Agiliti Health, Inc. (USA) 
  • ArjoHuntleigh AB (Sweden) 
  • Avante Health Solutions (USA) 
  • Baxter International Inc. (USA) 
  • Block Imaging (USA) 
  • GE Healthcare (USA) 
  • Hill-Rom Holdings, Inc. (USA) 
  • Invacare Corporation (USA) 
  • Masimo Corporation (USA) 
  • Med One Group, LLC (USA) 
  • Medline Industries, LP (USA) 
  • Medtronic PLC (Ireland) 
  • Nunn's Home Medical Equipment (USA) 
  • Portea Medical Pvt. Ltd. (India) 
  • Siemens Healthineers (Germany) 
  • Stryker Corporation (USA) 
  • Universal Hospital Services (USA) 
  • US Med-Equip (USA) 
  • Westside Medical Supply (USA) 
  • Woodley Equipment Company Ltd. (UK) 

Durable Medical Equipment Rental Market Recent Developments

  • In March 2023, Apria Healthcare announced that it had acquired DME provider Home Medical Supply.
  • In February 2023, VGM Medical announced that it had acquired DME provider National Home Medical Equipment.
  • In January 2023, BSN Medical announced that it had acquired DME provider Cornerstone Medical.

Durable Medical Equipment Rental Key Market Trends

Durable Medical Equipment Rental Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our global durable medical equipment rental market analysis, the global durable medical equipment (DME) rental market is witnessing significant growth driven by the rising demand for cost-effective healthcare solutions, increasing prevalence of chronic diseases, and a growing aging population. The market's competitive landscape is characterized by established players and newcomers striving to innovate and expand their offerings.

Report Metric Details
Market size value in 2023 USD 27.56 billion
Market size value in 2032 USD 46.56 billion
Growth Rate 6.0%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Product
    • Wheelchairs, Scooters, Walker and Rollators, Cranes and Crutches, Door Openers, Commodes and Toilets, Mattress & Bedding Devices, Blood glucose monitors, Continuous passive motion (C.P.M.) devices, Infusion pumps, Nebulizers, Oxygen equipment, Continuous Positive Airway Pressure (CPAP) devices, Suction pumps, Traction equipment, Others equipment
  • Application
    • Personal mobility devices, Bathroom safety and medical furniture, Monitoring and therapeutic devices
  • End User
    • Hospitals & surgical centers, Ambulatory surgical centers, Long-term care centers, Home care
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Agiliti Health, Inc. (USA) 
  • ArjoHuntleigh AB (Sweden) 
  • Avante Health Solutions (USA) 
  • Baxter International Inc. (USA) 
  • Block Imaging (USA) 
  • GE Healthcare (USA) 
  • Hill-Rom Holdings, Inc. (USA) 
  • Invacare Corporation (USA) 
  • Masimo Corporation (USA) 
  • Med One Group, LLC (USA) 
  • Medline Industries, LP (USA) 
  • Medtronic PLC (Ireland) 
  • Nunn's Home Medical Equipment (USA) 
  • Portea Medical Pvt. Ltd. (India) 
  • Siemens Healthineers (Germany) 
  • Stryker Corporation (USA) 
  • Universal Hospital Services (USA) 
  • US Med-Equip (USA) 
  • Westside Medical Supply (USA) 
  • Woodley Equipment Company Ltd. (UK) 
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Durable Medical Equipment Rental Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Durable Medical Equipment Rental Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Durable Medical Equipment Rental Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Durable Medical Equipment Rental Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Durable Medical Equipment Rental Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Durable Medical Equipment Rental Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Durable Medical Equipment Rental Market size was valued at USD 27.56 Billion in 2023 and is poised to grow from USD 29.21 Billion in 2024 to USD 46.57 Billion by 2032, growing at a CAGR of 6.00% during the forecast period (2025-2032).

The competitive landscape of the global durable medical equipment (DME) rental market is characterized by the presence of both established players and emerging entrants striving to capture a share of the growing market. Leading companies are focusing on expanding their product portfolios, improving service quality, and leveraging technological advancements to maintain a competitive edge. These players often offer a wide range of DME rental options to cater to various medical needs and preferences. 'Hill-Rom Holdings, Inc. (USA)', 'Stryker Corporation (USA)', 'Arjo AB (Sweden)', 'Medline Industries, Inc. (USA)', 'Invacare Corporation (USA)', 'Sunrise Medical LLC (USA)', 'Drive DeVilbiss Healthcare (USA)', 'DJO Global, Inc. (USA)', 'Compass Health Brands (USA)', 'Permobil AB (Sweden)', 'Linde plc (Ireland)', 'Paramount Bed Co., Ltd. (Japan)', 'GF Health Products, Inc. (USA)', 'Joerns Healthcare (USA)', 'Merits Health Products Co. Ltd. (Taiwan)', 'Medical Depot, Inc. (USA)', 'Agfa-Gevaert Group (Belgium)', 'Mobility Healthcare, Inc. (USA)', 'American HomePatient, Inc. (USA)', 'Levo AG (Switzerland)'

The escalating cost of purchasing and maintaining durable medical equipment (DME) is pushing healthcare organizations and patients toward rental services as a cost-effective solution.

Rise of Subscription Models: Subscription-based DME rental models are gaining popularity, offering patients access to a range of equipment and services for a fixed monthly fee.

In 2022, North America firmly held the reins of the DME rental market, boasting the largest slice of the revenue pie at 32.5%. This commanding position can be attributed to a combination of recent economic deceleration, the burgeoning geriatric population, and the heightened prevalence of lifestyle-related ailments. These factors are expected to collectively contribute to the region's market expansion. Additionally, the surge in governmental initiatives aimed at reining in healthcare expenses is projected to create a favorable environment for market growth.

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Global Durable Medical Equipment Rental Market
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