Durable Medical Equipment Rental Market Poised to Surpass USD 53,495 Million by 2035 amid Surge in Chronic Illness and Homecare Demand | FMI

The global durable medical equipment rental market is entering a transformative growth phase, projected to rise from approximately USD 30,184 million in 2025 to USD 53,495 million by 2035, expanding at a CAGR of 5.9% during the forecast period. A combination of shifting healthcare economics, increasing prevalence of chronic diseases, and a globally aging population are reshaping the way durable medical equipment is accessed, with rentals becoming the preferred route for both institutions and individuals.

Shifting Preferences: Renting Over Buying

With healthcare providers under growing pressure to reduce capital expenditure and optimize operational flexibility, the market is seeing a notable shift in preference towards equipment rental. Hospitals, rehabilitation centers, and especially homecare facilities are increasingly relying on rental models to meet demand while maintaining cost-efficiency. High-cost items such as infusion pumps, ventilators, patient monitoring devices, and hospital beds are at the forefront of this rental wave.

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“Medical equipment rentals are now integral to managing healthcare resources efficiently, especially in homecare settings where patients require mobility assistance or respiratory therapy devices without the burden of full ownership,” said a senior market analyst. “This trend also helps institutions maintain technological relevance by upgrading equipment more frequently.”

Product Highlights: What’s Driving Demand?

The DME rental market is largely defined by four major product segments:

• Mobility Equipment: Comprising walkers, scooters, and wheelchairs, this segment is witnessing exponential growth due to the increasing elderly and mobility-impaired population.
• Respiratory Therapy Devices: With the global rise in chronic respiratory conditions such as COPD and sleep apnea, demand for oxygen concentrators and CPAP devices continues to soar.
• Hospital Beds and Monitoring Equipment: As healthcare shifts into patients’ homes, the rental of hospital-grade beds and patient monitoring systems is becoming commonplace.
• Therapeutic Devices: Devices that aid in rehabilitation and ongoing therapy are also being leased by homecare services and outpatient clinics.

End-User Dynamics

Among the key end-users, homecare services are the fastest-growing segment. Renting allows individuals and families to bypass the high upfront costs typically associated with DME while still gaining access to the latest innovations in healthcare technology. For institutions such as hospitals and labs, rental agreements support equipment redundancy planning and rapid scalability, especially in response to unforeseen surges in patient volumes.

Key Takeaways: Country-Wise Outlook

United States

The U.S. continues to lead in the global DME rental space, thanks to rising healthcare expenditures and robust insurance coverage. Over 55 million seniors now demand greater access to mobility aids, hospital beds, and home respiratory devices. U.S. hospitals increasingly adopt AI-powered and telehealth-compatible DME, enabling remote patient monitoring and data integration.

• CAGR (2025–2035): 5.9%

United Kingdom

In the UK, NHS-endorsed rental models are shaping demand for oxygen therapy devices, pressure-relief mattresses, and remote-monitored mobility equipment. With a strong emphasis on preventive care and hospital readmission reduction, the DME rental market aligns with the NHS Long Term Plan. Corporate wellness initiatives also drive the use of rehabilitation equipment in work settings.

• CAGR (2025–2035): 5.9%

European Union

Driven by sustainability mandates and the Medical Device Regulation (MDR), the EU market—led by Germany, France, and Italy—is gravitating toward rental models. With a projected 150 million elderly citizens by 2050, the region emphasizes circular economy principles, including device refurbishment and recycling. Digital integration ensures high equipment uptime and maintenance efficiency.

• CAGR (2025–2035): 5.8%

Japan

Japan is making rapid strides in AI-enhanced rehabilitation equipment and robotic mobility aids, supported by long-term care insurance (Kaigo Hoken). The rise of smart homes and IoT-based monitoring is facilitating a tech-forward approach to DME rentals. Government-led digital health strategies are central to Japan’s shift toward predictive, data-driven equipment management.

• CAGR (2025–2035): 6.0%

South Korea

South Korea’s market is driven by its emphasis on telemedicine, AI-based diagnostics, and government-backed homecare programs. Rising incidences of chronic illnesses like diabetes and COPD have accelerated the rental of sleep apnea devices, insulin pumps, and mobility scooters. The government’s pro-digital health stance is catalyzing further innovation in this space.

• CAGR (2025–2035): 5.8%

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Competitive Outlook: Industry Dynamics

The DME rental landscape is fiercely competitive, marked by a mix of established multinational players and agile domestic providers. Agiliti Health, Hill-Rom, GE Healthcare, US Med-Equip, ArjoHuntleigh, and Philips Healthcare are leading the charge in innovation and service excellence. These companies are adopting advanced technologies like fleet tracking, predictive maintenance, and disinfection automation to enhance service quality and ensure compliance with global health standards.

Personal mobility solutions, bathroom safety, and therapy equipment remain the top focus areas, with innovation around patient convenience, safety, and remote operability driving competitive differentiation.

Market Segmentation Snapshot:

• By Application:
  • Personal Mobility Devices
  • Bathroom Safety and Medical Furniture
  • Monitoring and Therapeutic Devices
• By End Use:
  • Personal/Homecare
  • Institutes and Laboratories
  • Hospitals
• By Region:
  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia Pacific
  • Middle East and Africa

Future Outlook

As healthcare systems worldwide transition toward value-based care and patient-centric models, the durable medical equipment rental market is evolving into a vital component of global health infrastructure. Rental DME offers not just cost savings, but also operational flexibility and access to cutting-edge technologies—making it indispensable in the current and future healthcare landscape.