2024 Home Health Equipment Rental Industry Research Report

Home Health Equipment Rental - Market Size and Industry Forecast

The 2024 Home Health Equipment Rental Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the home health equipment rental industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Home Health Equipment Rental - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Home Health Equipment Rental companies in the United States.

Home Health Equipment Rental Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesHome Health Equipment Rental
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Home Health Equipment Rental - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Home Health Equipment Rental - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Home Health Equipment Rental - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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Rental and leasing of home health-care equipment
Other products
Consumer goods rental and leasing related services
Delivery/pick-up services for home goods and equipment
Reselling services for merchandise, retail
Maintenance and repair services for home goods and equipment
Rental and leasing of consumer goods, not elsewhere classified
Related services, not elsewhere classified
Rental and leasing of sports and recreational equipment

Home Health Equipment Rental - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%

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Chief Executives0%
General and Operations Managers3%
Sales and Related Occupations32%
Retail Sales Workers22%
Counter and Rental Clerks and Parts Salespersons20%
Counter and Rental Clerks20%
Office and Administrative Support Occupations15%
Information and Record Clerks5%
Installation, Maintenance, and Repair Occupations13%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers7%
Transportation and Material Moving Occupations24%
Motor Vehicle Operators12%
Driver/Sales Workers and Truck Drivers8%
Light Truck or Delivery Services Drivers5%
Material Moving Workers10%
Laborers and Material Movers, Hand9%
Laborers and Freight, Stock, and Material Movers, Hand5%

Government Contracts

In the past, the federal government spent an annual total of $132,708,146 on the home health equipment rental industry. It has awarded 1,135 contracts to 48 companies, with an average value of $2,764,753 per company.

Home Health Equipment Rental and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Home Health Equipment Rental Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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