Global Medical Equipment Rental Market Set To Grow To $60.6bn By 2022

03 August 2018
Pharma

Visiongain’ has launched a new pharma report Global Medical Equipment Rental Market Forecast to 2027: Durable Medical Equipment, Surgical Equipment, Personal and Home Care Equipment, Electrical and Digital Equipment, Storage and transport, Personal & Home Care Rental, Institutional Medical Equipment Rental and Leading Companies

This report evaluates the global market of medical equipment rental in regions such as North America, Latin America, Europe, Asia-Pacific and the rest of the world. The report provides detailed overview of the driving and restraining factors for the growth of the market and opportunities for further advancement. The changing demographics of the world population, developing infrastructure, emerging economies, consumer spending behaviour, per capita income, macroeconomic factors, rising GDPs, and the reformation in laws and regulations are trend setting factors, which will affect the market.
The lead analyst of the report commented “’The Global Medical Equipment will experience strong growth over the forecast period. Growth in the market is primarily driven by the increasing use of durable medical equipment and personal/ home equipment, rapid advancements in technology, and increasing healthcare cost. The aid of government funding and public private partnership is anticipated to create opportunities for market players facilitating demand for durable medical equipment. Geriatric population is a key target population for these devices. Growing geriatric population base is anticipated to accentuate the growth in the market. However, factors such as poor flexibility in pricing and an overall lack of favourable regulations are expected to restrain the market’s growth to a certain extent.”

Leading companies featured in the report include Centric Health Corporation, Stryker Corporation, Hill-Rom Holdings, Inc., Universal Hospital Services, Inc., US-Med Equip, Inc.
Westside Medical Supply, Nunn’s Home Medical Equipment, Agito Medical A/S, Devon Medical
Woodley Equipment Company Ltd.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business reports cusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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