NAICS Code 532490-06 - Medical Equipment-Rentals

Marketing Level - NAICS 8-Digit

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NAICS CODE 532490-06
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NAICS Code 532490-06 Description (8-Digit)

Medical Equipment-Rentals is a subdivision of the Other Commercial and Industrial Machinery and Equipment Rental and Leasing industry. This industry involves the renting and leasing of medical equipment to healthcare facilities, medical professionals, and patients. Medical equipment rentals are a cost-effective solution for healthcare providers who need specialized equipment for a short period of time or for patients who require medical equipment for home use.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 532490 page

Tools

Tools commonly used in the Medical Equipment-Rentals industry for day-to-day tasks and operations.

  • Hospital beds
  • Wheelchairs
  • Oxygen concentrators
  • Patient lifts
  • Infusion pumps
  • Continuous positive airway pressure (CPAP) machines
  • Bi-level positive airway pressure (BiPAP) machines
  • Nebulizers
  • Enteral feeding pumps
  • Suction machines

Industry Examples of Medical Equipment-Rentals

Common products and services typical of NAICS Code 532490-06, illustrating the main business activities and contributions to the market.

  • Hospital equipment rentals
  • Home medical equipment rentals
  • Rehabilitation equipment rentals
  • Diagnostic equipment rentals
  • Surgical equipment rentals
  • Mobility equipment rentals
  • Respiratory equipment rentals
  • Infusion equipment rentals
  • Enteral feeding equipment rentals
  • Suction equipment rentals

History

A concise historical narrative of NAICS Code 532490-06 covering global milestones and recent developments within the United States.

  • The medical equipment-rentals industry has a long history dating back to the early 20th century when hospitals began renting out equipment such as X-ray machines and surgical instruments. In the 1960s, the industry saw a significant increase in demand due to the rise of outpatient care and the need for specialized medical equipment. The industry continued to grow in the following decades, with the introduction of new technologies such as MRI and CT scanners. In recent years, the industry has seen a shift towards more home-based care, leading to an increase in the rental of home medical equipment such as oxygen concentrators and hospital beds. In the United States, the industry has also been impacted by changes in healthcare policy, such as the Affordable Care Act, which has led to increased demand for rental equipment in certain areas.