Covid-19's Impact on the Medical Equipment Market

Covid-19's Impact on the Medical Equipment Market

Due to patient surges as a result of the Covid-19 pandemic, healthcare providers scrambled to secure life-saving medical equipment such as respiratory equipment and ventilators. This unprecedented demand strained the production capabilities of leading medical equipment manufacturers. While manufacturers ramped up production, they simply could not meet the excessive demands. One manufacturer that was able to augment the ventilator market to address the specific needs of Covid-19 patients was Philips Healthcare. The Philips Trilogy EV300 ventilator and Trilogy EVO ventilator have proven to be beneficial during the Covid-19 pandemic due to there dual non-invasive and invasive capabilities, mobility, and long battery life.

In addition, the FDA tried to help by moving up their approval timelines for medical equipment. For example, they allowed Philips to add high flow therapy (HFT) capabilities to the Philips V60 ventilator. HFT has proven to be a beneficial therapy for Covid-19 patients. Other HFT devices, such as Vapotherm’s Precision Flow Plus, are in high demand as well.

Subsequently, USME has noticed an increased demand for routine hospital equipment in standard inpatient rooms, such as patient monitors, infusion pumps and oxygen concentrators, as these are being moved to set up temporary or additional ICUs. 

US Med-Equip has responded quickly to the increased demand for movable medical equipment during the Covid-19 pandemic by continuing to honor our commitment to our hospital partners in the following ways:

  • Utilized our close relationships with manufacturers to procure needed respiratory and other movable medical equipment for our hospital partners.
  • Invested $19.1 million in equipment over the last 6 months to ensure a robust inventory of MME rentals for our hospital partners.
  • Increased our equipment inventory by 16,371 pieces since Jan 2020, which brings our total inventory to 44,681 pieces.
  • Continuing to provide exception customer service to our partners.
  • Open 24/7, 365 days a year.
  • Fast deliveries, averaging 3.15 hours, same day delivery service.
  • Dedicated business development representatives for all hospital partner accounts.
  • Professional and knowledgeable customer service representatives working around the clock to deliver much needed medical equipment Monday – Sunday.
  • On-site Biomedical Repair/Service and equipment management teams working overtime to clean, repair, maintain, and ship equipment to hospitals.
  • mySMARTS online customer portal and mySMARTS App for online ordering and more.

We have worked hard to be able to continue to provide high-quality medical equipment to our hospital partners in their time of need, and we are proud to be able to work together with our partners to accomplish our mission to promote the healing process for the patients they serve.

US Med-Equip (USME) partners with top hospitals across the nation to provide the highest quality movable medical equipment for patients in their care. USME, an Inc. 5000 Fastest Growing company, supplies quality-certified equipment rented, sold, maintained and managed using the latest technology to help healthcare providers focus on their patients’ healing.