North America Medical Equipment Rental & Service Market Size, Share, Trends & Forecast 2026-2034

Study Period

2021-2034

Market (2026)

USD 16.62 Billion

Market (2034)

USD 25.90 Billion

CAGR

5.70%

Major Markets Players

Arjo, Westside Medical Supply, Peak Medical Resources, Med One Group, InfuSystem Holdings and Others

*Note: Partial List Randomly Ordered

Key Takeaways

Market Overview

Medical equipment rental and service covers the short- and long-term supply of devices such as oxygen concentrators, respiratory equipment, hospital beds, mobility aids and therapeutic support surfaces, together with maintenance, repair, calibration and fleet management. These arrangements allow hospitals, home care patients and other healthcare facilities to access clinical equipment without full ownership.

The North America Medical Equipment Rental & Service Market Analysis shows a market valued at USD 16.62 billion in 2026, with the United States holding about 83% of regional value. Demand is supported by an aging population, the shift toward home-based care, and hospital efforts to manage capital expenditure and temporary equipment shortages.

Healthcare operators choose rental to match equipment availability with changing patient volumes, avoid upfront purchase costs and secure maintenance support. Key trends include rental-and-service contracts, digital fleet tracking, connected monitoring devices and smart hospital beds. The market is projected to grow at a CAGR of 5.70% during the 2026–2034 forecast period.

North America Medical Equipment Rental & Service Market Dynamics

Demand for medical equipment rental and service is shaped by home-based care, hospital capital budgeting, equipment availability, service quality and regulatory compliance. Providers compete on delivery speed, fleet readiness, maintenance capability and digital tracking, while pricing and utilization depend on equipment turnaround, contract structure and healthcare facility requirements.

North America Medical Equipment Rental & Service Market Growth Drivers

The North America Medical Equipment Rental & Service Market Growth is supported by the shift from hospital-based treatment to home healthcare, alongside an aging population. Patients receiving care at home may need oxygen concentrators, respiratory equipment, hospital beds, mobility aids and therapeutic support surfaces, and rental allows access to these devices without outright purchase.

Hospitals and clinics use rental arrangements to manage capital expenditure and respond to temporary equipment shortages, fluctuating patient volumes and equipment downtime. This supports demand for rental products and for associated maintenance, repair and calibration services, particularly where facilities need clinical equipment delivered quickly without committing to long procurement cycles.

North America Medical Equipment Rental & Service Market Opportunities

Preventive maintenance, repair, calibration and technical support allow providers to build recurring service revenue while improving equipment availability. Service is expected to be the fastest-growing type segment in the market, reflecting demand for bundled arrangements that keep rental fleets inspected, calibrated and ready for deployment across hospital, home care and other healthcare settings.

Rapid-response rental programs offer hospitals and healthcare facilities a way to obtain equipment quickly during demand surges, equipment failures or temporary capacity gaps. Providers with regional depots, reliable delivery networks and digital inventory visibility are better placed to serve this need, although the scale of the opportunity requires validation through facility-level procurement data.

North America Medical Equipment Rental & Service Industry Challenges

Medical devices offered for sale in Canada are subject to the Food and Drugs Act and the Medical Devices Regulations, according to Health Canada, which set requirements intended to protect safety and effectiveness. Rental and service providers must account for applicable device requirements and maintain appropriate handling, documentation and service procedures across jurisdictions.

Providers must keep medical equipment ready for use while coordinating delivery, collection, inspection, cleaning, repair and preventive maintenance. Units awaiting service or decontamination cannot be rented, which places pressure on fleet utilization, turnaround times, technician availability and spare-parts management. This is an operational assessment rather than a quantified market statistic.

North America Medical Equipment Rental & Service Market Trends

Among the most visible North America Medical Equipment Rental & Service Market Trends is the shift from equipment-only rental toward broader rental-and-service contracts. Providers increasingly rely on specialist partners for maintenance, repairs, calibration, cleaning, tracking and fleet management, allowing healthcare facilities to outsource asset management tasks and focus internal resources on patient care.

Rental providers are adopting digital tools for equipment tracking, maintenance scheduling and fleet management, alongside connected monitoring devices and smart hospital beds. These technologies can improve asset utilization, shorten response times and reduce equipment downtime, although adoption varies by provider size, facility requirements and integration with existing hospital information and inventory systems.

North America Medical Equipment Rental & Service Market Segment Analysis

North America Medical Equipment Rental & Service Market Share is distributed across rental products and services, and across home, hospital and other healthcare end uses. Estimated 2026 shares are available for the leading segments only; shares for remaining segments have not been supplied.

By Type

• Product
• Service

Product leads the type segment with an estimated 68% share in 2026, reflecting demand for rentable devices such as oxygen concentrators, respiratory equipment, hospital beds, mobility aids and therapeutic support surfaces. Suppliers including Arjo, Inogen Inc. and Hillrom Services Inc. (Baxter) participate through patient handling, respiratory and hospital bed portfolios. Service follows and is expected to be the fastest-growing type segment, supported by preventive maintenance, repair, calibration and technical support requirements. Providers such as Probo Medical, US Med-Equip and InfuSystem Holdings support this segment through equipment repair, movable equipment management and outpatient care services, while Arjo combines rental with service technician networks. Growth in Service is driven by outsourced equipment management, recurring contract demand and the need to reduce downtime across rental fleets.

By End Use

• Personal/Home Care
• Hospitals
• Other Healthcare Facilities

Personal/home care leads the end-use segment with an estimated 48% share in 2026, driven by an aging population, the shift from hospital-based treatment to home healthcare and demand for oxygen, respiratory, bed and mobility equipment used outside institutions. Inogen Inc. serves this space through respiratory products for the homecare setting, while InfuSystem Holdings supports outpatient care. Hospitals follow, using rental to manage capital expenditure, temporary shortages and changing patient volumes, with Arjo, US Med-Equip and Hillrom Services Inc. (Baxter) supplying beds, patient handling and movable equipment. Other healthcare facilities, including long-term care settings, rent equipment for variable occupancy and specialized needs, and Arjo linked its early-2025 North America growth to its long-term care business.

Regional Analysis

Regional allocation of the North America Medical Equipment Rental & Service Market is shown below.

The United States leads with approximately 83% of 2026 market value, supported by a large base of home care patients, hospitals and long-term care facilities, along with national rental and service networks such as Arjo’s more than 60 U.S. service centers. Healthcare operators in the country use rental for equipment availability, capital control and maintenance support.

Canada and Mexico form part of the remaining 17%, alongside other markets, and individual shares were not provided. In Canada, medical device requirements under the Food and Drugs Act and Medical Devices Regulations influence handling and service procedures, while Inogen launched its Rove 6 portable oxygen concentrator there in the second quarter of 2026.

Market Share & Competitive Landscape

The North America Medical Equipment Rental & Service Market includes hospital equipment rental specialists, patient handling manufacturers, respiratory device providers, imaging service companies and home medical equipment suppliers. The table summarizes the supplied companies by general capability and segment served. It does not represent numerical market share, and North America-specific revenue should be validated.

Key Companies in the North America Medical Equipment Rental & Service Market

Arjo: Arjo is headquartered in Malmö, Sweden, and has operated in mobility and patient handling since 1957. Its North America rental business uses more than 60 U.S. service centers and more than 370 technicians. In 2025, Arjo reported strong service momentum and stable North America growth, reinforcing its rental-and-service competitiveness.

InfuSystem Holdings: InfuSystem Holdings is headquartered in Rochester Hills, Michigan, and provides healthcare services that facilitate outpatient care for durable medical equipment manufacturers and healthcare providers. For 2025, it reported net revenues of USD 143.4 million, up 6%, and net income of USD 6.6 million, supporting its outpatient equipment services position.

Recent Developments

Market Future Outlook

The North America Medical Equipment Rental & Service Market Forecast indicates expansion from USD 16.62 billion in 2026 to USD 25.90 billion by 2034 at a 5.70% CAGR, based on supplied estimates. Growth is expected to depend on home-based care demand, hospital rental adoption, service contract expansion and the replacement of manual fleet management with digital tracking and connected equipment.

Service is expected to remain the fastest-growing type segment, while Product represents the larger share on the supplied 2026 base. Risks include regulatory compliance, fleet downtime, technician availability and structural shifts in how care is delivered; Inogen’s 2026 rental decline illustrates that segment outcomes can diverge. Investment in digital fleet tools and maintenance capacity should shape competition. These projections are conditional assumptions rather than guaranteed outcomes.

North America Medical Equipment Rental & Service Market Report Coverage

This North America Medical Equipment Rental & Service Market Report summarizes the supplied valuation, forecast assumptions, segmentation, regional framework and competitive ecosystem.

Why Choose This North America Medical Equipment Rental & Service Market Report?

• Market coverage spans rental products and services across home care, hospitals and other healthcare facilities.
• Supplied 2026 valuation, 2034 forecast and 5.70% CAGR are presented as a clear planning reference.
• Segmentation covers two type categories and three end-use categories with leading-segment shares.
• Regional framework covers the United States, Canada, Mexico and Others, with the United States at 83%.
• Competitive profiling covers ten supplied rental, service and equipment companies across the value chain.
• Trend insights address service contracts, digital fleet management and connected equipment adoption.
• Regulatory and fleet-readiness context supports provider planning without implying guaranteed outcomes.