PUBLISHER: The Business Research Company | PRODUCT CODE: 1877515
PUBLISHER: The Business Research Company | PRODUCT CODE: 1877515
Artificial intelligence (AI)-powered hospital asset rental refers to a service model that leverages AI technologies to efficiently manage the leasing, allocation, and utilization of hospital assets. This system enables healthcare facilities to minimize operational costs, maximize equipment usage, and ensure timely availability of medical devices when required.
The key components of AI-powered hospital asset rental include software, hardware, and services. The software component consists of programs, algorithms, and digital platforms that automate and optimize asset management tasks. Asset categories encompass medical equipment, mobility aids, diagnostic devices, and other healthcare assets, with deployment options available through both on-premises and cloud-based systems. These solutions are applied across various functions such as equipment tracking, inventory management, predictive maintenance, and utilization optimization, catering to end users such as hospitals, clinics, diagnostic centers, and other healthcare facilities.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The fast surge in U.S. tariffs and the trade tensions that followed in spring 2025 are heavily affecting the medical equipment sector, particularly for imported imaging machine components, surgical-grade stainless steel, and plastic disposables. Hospitals and clinics resist price hikes, pressuring manufacturers' margins. Regulatory hurdles compound the problem, as tariff-related supplier changes often require re-certification of devices, delaying time-to-market. Companies are mitigating risks by dual-sourcing critical parts, expanding domestic production of commoditized items, and accelerating R&D in cost-efficient materials.
The artificial intelligence (AI)-powered hospital asset rental market research report is one of a series of new reports from The Business Research Company that provides artificial intelligence (AI)-powered hospital asset rental market statistics, including artificial intelligence (AI)-powered hospital asset rental industry global market size, regional shares, competitors with a artificial intelligence (AI)-powered hospital asset rental market share, detailed artificial intelligence (AI)-powered hospital asset rental market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence (AI)-powered hospital asset rental industry. This artificial intelligence (AI)-powered hospital asset rental market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The artificial intelligence (AI)-powered hospital asset rental market size has grown rapidly in recent years. It will grow from $2.84 billion in 2024 to $3.38 billion in 2025 at a compound annual growth rate (CAGR) of 19.3%. The growth during the historic period can be attributed to rising hospital spending on high-cost medical equipment, increasing demand for flexible access to diagnostic devices, a growing shortage of capital budgets in healthcare institutions, an increase in patient admissions across multi-specialty hospitals, the expansion of private healthcare infrastructure, and a greater emphasis on cost-containment in hospital operations.
The artificial intelligence (AI)-powered hospital asset rental market size is expected to see rapid growth in the next few years. It will grow to $6.8 billion in 2029 at a compound annual growth rate (CAGR) of 19.0%. The growth in the forecast period can be attributed to the rising adoption of asset-as-a-service business models, an increasing focus on improving operational efficiency in healthcare delivery, growing preference for outsourced equipment management, expanding healthcare infrastructure investments in emerging economies, the growth of public-private partnerships in healthcare, and the rising need for scalable equipment access to support aging populations. Major trends expected during the forecast period include technological advancements in predictive asset utilization systems, progress in data-driven equipment performance monitoring, innovations in automated rental and return management platforms, developments in smart inventory optimization algorithms, increased research and development in integrated hospital asset intelligence networks, and enhanced interoperability between rental platforms and hospital information systems.
The increasing adoption of telemedicine is expected to drive the growth of the artificial intelligence (AI)-powered hospital asset rental market going forward. Telemedicine refers to the remote delivery of healthcare services through digital communication technologies. Its growth is fueled by rising demand for convenient healthcare, enabling patients to access consultations and follow-ups from home, saving time and reducing travel. AI-powered hospital asset rental supports telemedicine by ensuring real-time availability and efficient utilization of critical medical equipment, allowing healthcare providers to deliver remote diagnostics and virtual care effectively. For instance, in September 2024, according to the Australian Bureau of Statistics (ABS), the national statistical agency of Australia, 83.5% of males reported using telehealth services in 2023-24, up from 78.6% in 2022-23. Therefore, the increasing adoption of telemedicine is driving the growth of the artificial intelligence (AI)-powered hospital asset rental market.
The rise in healthcare expenditure is expected to propel the growth of the artificial intelligence (AI)-powered hospital asset rental market going forward. Healthcare expenditure refers to the total spending on medical services, equipment, and technologies aimed at improving health outcomes. It is increasing due to the growing demand for advanced medical technologies, as hospitals and clinics invest in innovative equipment and digital solutions to enhance patient care and operational performance. Rising healthcare expenditure supports the adoption of artificial intelligence (AI)-powered hospital asset rental by enabling healthcare facilities to invest in cost-efficient, advanced technologies that optimize equipment utilization and reduce overall expenses. For instance, in June 2025, according to the Centers for Medicare & Medicaid Services, a US-based government agency, national health expenditures (NHE) grew by 7.5% in 2023, reaching $4.9 trillion, averaging $14,570 per person and accounting for 17.6% of the Gross Domestic Product (GDP). Spending on Medicare rose by 8.1% to $1,029.8 billion, comprising 21% of total NHE. Therefore, the rising healthcare expenditure is driving the growth of the artificial intelligence (AI)-powered hospital asset rental market.
The increasing government investments in healthcare infrastructure are expected to fuel the growth of the artificial intelligence (AI)-powered hospital asset rental market going forward. Government investments in healthcare infrastructure refer to public funding aimed at developing and upgrading healthcare facilities, systems, and equipment to improve access and quality of care. Such investments are growing due to increasing demand for quality healthcare, as expanding populations and aging demographics require more hospitals, advanced equipment, and upgraded medical facilities to meet patient needs efficiently. These investments support AI-powered hospital asset rental by funding digital systems and infrastructure that allow hospitals to adopt AI-enabled equipment through rental models, reducing upfront costs and enhancing operational efficiency. For instance, in April 2025, according to the American Medical Association, a US-based professional organization, U.S. health spending rose by 7.5% in 2023 to $4.9 trillion, or $14,570 per capita, surpassing the 4.6% increase recorded in 2022. Therefore, the increasing government investments in healthcare infrastructure are driving the growth of the artificial intelligence (AI)-powered hospital asset rental market.
Major players in the artificial intelligence (AI)-powered hospital asset rental market are Canon Inc., Siemens Healthineers AG, Stryker Corporation, GE Healthcare Technologies Inc., US Med-Equip, LLC, Agiliti Health, Med One Group, MediLogix, STAEDEAN, and Woodley Trial Solutions.
North America was the largest region in the artificial intelligence (AI)-powered hospital asset rental market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in artificial intelligence (AI)-powered hospital asset rental report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the artificial intelligence (AI)-powered hospital asset rental market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The artificial intelligence (AI)-powered hospital asset rental market consists of revenues earned by entities by providing services such as predictive maintenance, inventory management, and equipment allocation and scheduling. The market value includes the value of related goods sold by the service provider or included within the service offering. The artificial intelligence (AI)-powered hospital asset rental market also includes sales of diagnostic equipment, therapeutic equipment, and monitoring devices. Values in this market are 'factory gate' values; that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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.
Artificial Intelligence (AI)-Powered Hospital Asset Rental Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on artificial intelligence (ai)-powered hospital asset rental market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for artificial intelligence (ai)-powered hospital asset rental ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The artificial intelligence (ai)-powered hospital asset rental market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.