Tools commonly used in the Hospital Equipment & Supplies-Renting industry for day-to-day tasks and operations.

• Hospital beds
• Wheelchairs
• Patient lifts
• Oxygen tanks
• Infusion pumps
• Ventilators
• Defibrillators
• Blood pressure monitors
• EKG machines
• Ultrasound machines
• X-ray machines
• CT scanners
• MRI machines
• Surgical tables
• Anesthesia machines
• Endoscopy equipment
• Dialysis machines
• Feeding pumps
• Suction machines
• Wound care supplies

Common products and services typical of NAICS Code 532310-05, illustrating the main business activities and contributions to the market.

• Hospital bed rental
• Wheelchair rental
• Oxygen tank rental
• Infusion pump rental
• Ventilator rental
• Defibrillator rental
• Blood pressure monitor rental
• EKG machine rental
• Ultrasound machine rental
• X-ray machine rental
• CT scanner rental
• MRI machine rental
• Surgical table rental
• Anesthesia machine rental
• Endoscopy equipment rental
• Dialysis machine rental
• Feeding pump rental
• Suction machine rental
• Wound care supply rental

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Joint Commission Accreditation: The Joint Commission is an independent, non-profit organization that accredits and certifies healthcare organizations and programs in the United States. The accreditation is a voluntary process that evaluates the quality and safety of patient care provided by healthcare organizations. The Joint Commission Accreditation is highly respected and recognized by healthcare professionals and patients.
• National Association Of Medical Equipment Services (NAMES) Certification: NAMES is a non-profit organization that provides certification for medical equipment service providers. The certification ensures that the service provider has the necessary knowledge and skills to provide safe and effective medical equipment services.
• National Institute for Occupational Safety and Health (NIOSH) Certification: NIOSH is a federal agency that conducts research and makes recommendations to prevent work-related injuries, illnesses, and deaths. NIOSH certification is required for certain types of respiratory protection equipment used in healthcare settings.
• Food and Drug Administration (FDA) Registration: The FDA is a federal agency that regulates the safety and effectiveness of medical devices. Medical equipment rental companies that provide FDA-regulated devices must register with the FDA.
• Occupational Safety and Health Administration (OSHA) Compliance: OSHA is a federal agency that sets and enforces safety and health standards in the workplace. Medical equipment rental companies must comply with OSHA standards to ensure the safety of their employees.

A concise historical narrative of NAICS Code 532310-05 covering global milestones and recent developments within the United States.

• The Hospital Equipment & Supplies-Renting industry has a long history dating back to the early 20th century. The first hospital beds were rented out in the 1920s, and by the 1950s, the industry had expanded to include a wide range of medical equipment and supplies. In the United States, the industry experienced significant growth in the 1960s and 1970s due to the increasing demand for healthcare services and the rising cost of medical equipment. In recent years, the industry has continued to evolve with the introduction of new technologies and the growing trend towards home healthcare. For example, companies like Apria Healthcare and Lincare Holdings have expanded their rental offerings to include respiratory equipment and other medical supplies for home use.

The anticipated future trajectory of the NAICS 532310-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Hospital Equipment & Supplies-Renting industry in the USA is positive. The industry is expected to grow due to the increasing demand for healthcare services and the rising aging population. The COVID-19 pandemic has also increased the demand for hospital equipment and supplies, which is expected to continue in the future. The industry is also expected to benefit from the increasing trend of home healthcare services, which require the rental of medical equipment. However, the industry may face challenges due to the increasing competition and the rising cost of equipment. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Hospital Equipment & Supplies-Renting industry, reflecting notable innovations that have reshaped its landscape.

• Virtual Reality Technology: Some companies in the Hospital Equipment & Supplies-Renting industry are using virtual reality technology to train healthcare professionals on how to use medical equipment. This technology allows healthcare professionals to practice using equipment in a virtual environment, which can improve patient safety and reduce the risk of errors.
• Mobile Apps: Some companies are developing mobile apps that allow healthcare professionals to rent medical equipment on-demand. These apps can help healthcare professionals save time and improve patient care by providing quick access to the equipment they need.
• Remote Monitoring: Some companies are using remote monitoring technology to track the usage of medical equipment. This technology can help healthcare professionals identify when equipment needs maintenance or repair, which can improve patient safety and reduce downtime.
• Sustainability Initiatives: Some companies are implementing sustainability initiatives to reduce their environmental impact. For example, some companies are using eco-friendly materials in their equipment and reducing their energy consumption.
• Partnership with Healthcare Providers: Some companies are partnering with healthcare providers to provide rental equipment for home healthcare services. This partnership can help healthcare providers reduce costs and improve patient care by providing equipment on-demand.