Durable Medical Equipment Rental Market by Product Type (Mobility, Respiratory, Patient Lifts, Monitoring & Diagnostic Equipment, Hospital Beds, Bathroom Safety) and End-User (Hospitals, Homecare, Rehabilitation Centers, Nursing Homes) ? Global Trends & Forecast (2023?2030)

As per Intent Market Research, the Durable Medical Equipment Rental Market was valued at USD 58.1 billion in 2024-e and will surpass USD 93.9 billion by 2030; growing at a CAGR of 7.1% during 2025 - 2030.

The Durable Medical Equipment (DME) Rental market is expanding as healthcare providers and patients seek cost-effective solutions to manage long-term medical conditions, injuries, and age-related health issues. Renting durable medical equipment offers significant advantages over purchasing, including reduced upfront costs, maintenance services, and the flexibility to update equipment as needed. The growing elderly population, along with increasing incidences of chronic diseases such as respiratory conditions, mobility impairments, and cardiovascular diseases, is driving the demand for DME rentals. Moreover, healthcare systems globally are recognizing the importance of optimizing costs, especially in settings like hospitals and nursing homes, which further accelerates the growth of this market.

The market is segmented by product type and end-user, with mobility and respiratory equipment seeing the highest demand. The shift towards homecare and outpatient services is also contributing to the growth of the DME rental market, as patients prefer to manage their healthcare in a familiar, comfortable setting. With continuous technological advancements in medical equipment, rental services are becoming more sophisticated, providing high-quality, reliable solutions for patient care at a fraction of the cost of purchasing. As healthcare needs evolve, the rental model for durable medical equipment is expected to gain even more prominence.

Mobility Equipment is Leading the Market Due to Growing Elderly Population

In the product type segment, Mobility Equipment is the largest and fastest-growing category in the DME rental market. The increasing elderly population, coupled with rising rates of chronic diseases such as arthritis, diabetes, and neurological disorders, is driving demand for mobility aids like wheelchairs, scooters, walkers, and crutches. Mobility equipment allows patients to maintain independence and improve their quality of life, making it essential for both short-term and long-term care needs.

The demand for mobility equipment rentals is also bolstered by the growing preference for home-based care, where individuals prefer using mobility aids within their own homes to recover from injuries or manage ongoing health conditions. Additionally, hospitals and nursing homes continue to rely on mobility equipment rentals to provide specialized support for patients with mobility limitations. As the number of people requiring mobility assistance increases, the market for mobility equipment rentals is expected to continue expanding.

Respiratory Equipment is Driving Growth in the Respiratory Equipment Segment

Respiratory Equipment is experiencing rapid growth within the durable medical equipment rental market, primarily due to the increasing prevalence of respiratory conditions like Chronic Obstructive Pulmonary Disease (COPD), asthma, and sleep apnea. Respiratory equipment, such as oxygen concentrators, ventilators, and Continuous Positive Airway Pressure (CPAP) devices, plays a vital role in supporting patients with breathing difficulties. As the aging population and the incidence of respiratory diseases continue to rise, the demand for respiratory equipment rentals is also increasing.

The rental model for respiratory equipment is particularly advantageous in managing the cost of long-term treatment. It allows patients to access high-quality equipment without the financial burden of purchasing expensive devices. Additionally, healthcare providers benefit from the flexibility of rental agreements, enabling them to provide patients with the most appropriate and up-to-date equipment for their needs. As the market for respiratory care expands, the demand for respiratory equipment rentals is expected to grow significantly.

Homecare is the Largest End-User Due to Rising Preference for At-Home Healthcare

In the end-user segment, Homecare is the largest and most rapidly growing segment in the durable medical equipment rental market. A shift toward at-home healthcare, driven by the aging population and advancements in telemedicine, is encouraging patients to manage their health in the comfort of their own homes. Homecare services allow patients to receive medical treatment, rehabilitation, and ongoing care without needing to stay in hospitals or nursing homes, making the rental of medical equipment a viable and cost-effective option.

Renting durable medical equipment for homecare purposes offers significant benefits, including eliminating the need for large initial investments, as well as providing patients with the flexibility to choose the equipment that best meets their specific health requirements. The convenience of having medical equipment on hand without the long-term commitment of ownership is encouraging more patients and healthcare providers to opt for rental services. As more people prefer home-based care, this segment is expected to continue driving the overall growth of the DME rental market.

North America Leads the Durable Medical Equipment Rental Market

North America dominates the durable medical equipment rental market, driven by its advanced healthcare infrastructure, higher healthcare spending, and an aging population. The United States, in particular, is a key market due to its large number of patients requiring long-term medical care and the extensive network of healthcare providers offering DME rental services. The demand for DME rentals in North America is further fueled by the growing preference for homecare services and the increasing adoption of outpatient care, which reduces the need for prolonged hospital stays.

North American healthcare providers and patients benefit from a highly developed market for medical equipment rentals, with a wide variety of options for everything from mobility aids to respiratory support devices. As healthcare systems in the region continue to evolve, with an increasing focus on cost-efficiency and patient-centered care, North America is expected to maintain its lead in the DME rental market. Additionally, the integration of new technologies, such as telehealth and remote monitoring, will further enhance the growth prospects in the region.

Competitive Landscape and Leading Companies

The Durable Medical Equipment Rental market is highly competitive, with a range of companies offering rental services for different types of medical equipment. Key players in this market include companies like Lincare, Apria Healthcare, Medline Industries, and Rotech Healthcare. These companies provide a wide array of DME products for hospitals, homecare, and rehabilitation centers, offering flexible rental agreements, reliable equipment, and comprehensive support services.

The competitive landscape is marked by a focus on providing cost-effective solutions, maintaining high-quality standards, and offering efficient customer service. Companies are increasingly investing in digital platforms to streamline rental processes, improve accessibility, and enhance customer experiences. Moreover, strategic partnerships between healthcare providers and DME rental services are becoming more common to optimize care delivery and support the growing demand for medical equipment rentals. As the market expands, competition will intensify, with leading companies focusing on innovation, customer satisfaction, and efficient operations to maintain their market positions.

Recent Developments:

• In December 2024, Linde Healthcare expanded its services by offering more respiratory equipment rental options, including advanced ventilators for homecare use.
• In November 2024, Apria Healthcare Group introduced an innovative rental program for oxygen concentrators that includes home delivery and 24/7 customer support.
• In October 2024, McKesson Corporation launched an expanded durable medical equipment rental service to provide faster delivery times and improved customer service for hospitals and home care centers.
• In September 2024, Drive DeVilbiss Healthcare launched a new wheelchair rental service with additional features such as custom cushioning and ergonomic designs for patient comfort.
• In August 2024, ResMed Inc. unveiled a new rental program for CPAP machines, making it more accessible for patients with obstructive sleep apnea (OSA) to rent equipment on a monthly basis.

List of Leading Companies:

• Linde Healthcare
• Apria Healthcare Group
• VGM Group
• Rotech Healthcare Inc.
• Lincare Holdings Inc.
• Medical Supply Group, Inc.
• McKesson Corporation
• Invacare Corporation
• ResMed Inc.
• Kerry Group
• Amedisys Inc.
• Air Products and Chemicals, Inc.
• Drive DeVilbiss Healthcare
• Oxygen Concentrator Store
• Benson Medical Industries, Inc.

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