According to Goldstein Research, major driving factor is the serious shortage of medical devices which has been worsening steadily in the areas of surgery, intensive care, hemodialysis, treatments to prevent organ transplant rejection, oncology, hematology, psychiatric medications, ophthalmology (all eye surgeries have been halted), maternity, pediatrics and the catheterization laboratory procedures needed for diagnosis and treatment of heart disease. India medical equipment rental market outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. Additionally, in India, healthcare has become one of largest sectors both in terms of revenue & employment. The industry is growing at a tremendous pace owing to its strengthening coverage, services and increasing expenditure by public as well private players.
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Market Segmentation
On the basis of our in-depth analysis, India medical equipment rental market can be segmented as follows:
By Device Category
• Durable Medical Equipment
• Acute Care
• Long-term Care
• Emergency & Trauma Care
• Surgical Equipment
• Personal/Home Care Equipment
• Electronic/Digital Equipment
• Storage and Transport
By End User
• Personal Home Care Medical Equipment Rental
• Chronic & Geriatric Patients
• Preventive Care/Monitoring
• Short Term & Outpatient Care
• Institutional Medical Equipment Rental
By Geography
• Tier-1 Countries Medical Equipment Rental Market {Market Share (%), Market Size (USD Billion)}
• Tier-2 Countries Medical Equipment Rental Market {Market Share (%), Market Size (USD Billion)}
• Tier-3 Countries Medical Equipment Rental Market {Market Share (%), Market Size (USD Billion)}
“India Medical Equipment Rental Market Outlook 2024” contains detailed overview of the India medical equipment rental market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by device category and by end users.
Further, for the in-depth analysis, India Medical Equipment Rental Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as pria Healthcare Group, Inc., Stryker Corporation, Hill-Rom Holdings, Inc., Siemens Financial Services, Inc, Centric Health Corporation, Hill-Rom Holdings, Inc., Nunn’s Home Medical Equipment, Port Huron Hospital Medical Equipment. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the India medical equipment rental market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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