Albany, NY -- (SBWIRE) -- 12/30/2014 -- Medical equipment forms a group of instruments that are required during medical procedures or for patient care. Since high-end and technologically advanced medical equipment are required only on certain special situations or for routine periodic assistance, renting such products became the likely course of action for many medical institutes, medical practitioners and patients. Today, renting market has become highly diverse and organized, with many companies even offering refurbished devices, for those who require the newer version of the equipment at an affordable price. Medical equipment rental market is therefore expected to remain as the suitable and viable option for the years to come.

This research report provides a detailed analysis of the global medical equipment rental market and helps in understanding the various driving factors for the growth of the market. The market overview section analyzes market dynamics and trends such as drivers, restraints and opportunities that influence the current nature and future status of the market. Event impact analysis and other market dynamics factors such as market attractiveness analysis, value chain analysis, Porter's five forces analysis and market share analysis have also been explained in the market overview section of the report in order to deliver a thorough analysis of the overall competitive scenario of the global medical equipment rental market. The executive summary provides detailed insights about the report and the market in general. It also contains a market snapshot, which provides a glimpse into the present scenario of the global telemedicine market.

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The global medical equipment rental market is segmented by device types, end user type and by geography. By device types the market is further segmented into personal/home care equipment, electronic/digital equipment, surgical equipment, durable medical equipment and storage and transport. Durable medical equipment are further segmented into long term care, acute care and emergency and trauma, based on the duration of their requirements and their standards. Market size estimates and forecast for the period 2012 to 2020 have been provided for each of the device types mentioned above in terms of USD million, considering 2013 as the base year for calculating market forecast and 2012 as the historical year. The CAGR (%) of each market segment for the forecast period 2014 to 2020 has also been provided along with market size estimations.

Based on the end users, the medical equipment rental market is segmented into personal/home care medical equipment rental, and institutional medical equipment rental. Personal/home care medical equipment rental market is further segmented into chronic and geriatric patients, preventive care/monitoring, and short term & outpatient care. On the other hand, institutional medical equipment rental market is classified into hospitals, healthcare centers, medical nursing homes, and medical research laboratories/institutions. Market size estimates and forecasts for the period 2012 to 2020 have been provided for each of the end user segments mentioned above in terms of USD million, considering 2013 as the base year for calculating market forecast and 2012 as the historical year. The CAGR (%) of each market segment for the forecast period 2014 to 2020 has also been provided along with market size estimations.

Geographically, the global medical equipment rental market has been segmented into four major regions: North America, Europe, Asia Pacific and Rest of World (RoW), with Russia being included in the RoW region. Every region is further segregated into personal/home care medical equipment rental market, and institutional medical equipment rental market. The market size estimations and forecasts for the period 2012 to 2020 have been provided for each of these regions and their respective segments, at a segment level, in terms of USD million along with the CAGR for the forecast period 2014 to 2020. This study further offers market recommendations for the global medical equipment rental market. These include factors that may play a critical role in enhancing or boosting the market in the near future, as well as steps that need to be considered to ensure success for manufacturers or service providers globally.

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The report concludes with the company profiles section and includes key information about the major players who are actively participating in this market. The company profiles included in this report are framed in terms of company overview, financial overview, business strategies, recent developments and product portfolio. Companies profiled in this report include: Centric Health Corporation., Hill-ROM Holdings, Inc., Nunn's Home Medical Equipment, Port Huron Hospital Medical Equipment, US Med-Equip, Inc., Universal Hospital Services, Inc., Woodley Equipment Company Ltd., Walgreen Co., and Westside Medical Supply, Inc.

The global medical equipment rental market is segmented as follows:

Global Medical Equipment Rental Market, by Device Category
- Personal/ Home care Equipment
- Electronic/Digital Equipment
- Surgical Equipment
- Durable Medical Equipment
- Long term care
- Acute Care
- Emergency and Trauma
- Storage and Transport

Global Medical Equipment Rental Market, by End User Category
- Personal/Home Care Medical Equipment Rental
- Chronic and Geriatric patients
- Preventive care/Monitoring
- Short Term and Outpatient Care
- Institutional Medical Equipment Rental
- Hospitals
- Healthcare Centers
- Medical Nursing Homes
- Medical Research Laboratories/Institutions

Global Medical Equipment Rental Market, by Geography
North America Market by End User
- Personal/Home Care Equipment Rental
- Institutional Medical Equipment Rental

Europe Market by End User
- Personal/Home Care Equipment Rental
- Institutional Medical Equipment Rental

Asia-Pacific Market by End User
- Personal/Home Care Equipment Rental
- Institutional Medical Equipment Rental

Rest of the World (RoW) Market by End User
- Personal/Home Care Equipment Rental
- Institutional Medical Equipment Rental

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