Medical Equipment Rental Market Report 2026

The medical equipment rental market size has grown strongly in recent years. It will grow from $63.94 billion in 2025 to $67.74 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to rising hospital infrastructure expansion, increasing patient admission levels, growth in healthcare cost pressures, rising demand for flexible equipment usage, increasing use of critical care devices.

The medical equipment rental market size is expected to see strong growth in the next few years. It will grow to $87.54 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to growing demand for home healthcare equipment, rising emphasis on cost optimization, increasing adoption of digital healthcare assets, expanding rental adoption by hospitals, rising preference for flexible equipment access. Major trends in the forecast period include increasing demand for cost effective healthcare solutions, growing adoption of rental based medical assets, rising need for temporary and short term equipment usage, expanding requirement for home based patient care devices, increasing focus on optimizing hospital capital expenditure.

The increasing number of hospitals, diagnostic laboratories, and surgical centers is expected to support the growth of the medical equipment rental market in the coming years. To provide high-quality healthcare services, these facilities require a wide range of medical equipment, but they may lack the financial resources to purchase all equipment outright. Medical equipment rental providers offer access to diverse equipment on both short- and long-term bases, presenting cost-efficient alternatives for healthcare facilities. For example, data from the American Hospital Association, a US-based non-profit organization, showed that in 2024 the United States had 6,120 hospitals, up from 6,093 hospitals in 2022. As a result, the expanding number of hospitals, diagnostic laboratories, and surgical centers is driving the growth of the medical equipment rental market.

Leading companies operating in the medical equipment rental market are concentrating on the development of innovative rental programs, including solutions based on motion-activated stimulation (MAS) technology, to strengthen their competitive positioning. Motion-activated stimulation (MAS) technology is an advanced approach that integrates electrical muscle stimulation (EMS) with motion-sensing capabilities. For instance, in February 2023, Alyve Medical Inc., a US-based medical technology company, introduced the Neuralign S @Home device. The company offers a rental program for the @Home device, improving affordability and accessibility for a broader patient population. This approach removes the need for a significant upfront purchase cost, enabling patients to trial the device before committing. The @Home version also allows patients to continue treatment independently, enhancing convenience and maximizing recovery time.

In February 2024, MasVida Health, a US-based durable medical equipment (DME) rental solutions provider, acquired the rental service network of Joerns Healthcare across Florida, Georgia, Louisiana, Oklahoma, and Texas for an undisclosed value. Through this acquisition, MasVida expanded its regional presence and service capabilities in the southeastern and south-central United States while strengthening access to Joerns’ long-term care customer base and product platform. Joerns Healthcare is a US-based healthcare equipment manufacturer specializing in the design, sale, and servicing of long-term care beds, lifts, mattresses, and related medical equipment and services.

Major companies operating in the medical equipment rental market report are Agiliti Inc, US Med-Equip Inc, Apria Healthcare Group Inc, Woodley Equipment Company Ltd, Universal Hospital Services Inc, Avante Health Solutions, AGITO Medical A S, Block Imaging, Providian Medical Equipment Inc, Future Health Concepts Inc, Direct Medical Imaging LLC, Multi Imager Service Inc, Jamie’s Medical Imaging, PrizMED Imaging, National Diagnostic Imaging, Westside Medical Supply, Nunn’s Home Medical Equipment, Med One Group, Auxo Medical, Rotech Healthcare Inc.

North America was the largest region in the medical equipment rental market in 2025. The regions covered in the medical equipment rental market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the medical equipment rental market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The medical equipment rental market includes revenues earned by companies by automating inventory management, offering flexible rental prices, and streamlining payment processing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.