The global economic meltdown has seen businesses of all types fail, each day brings news of downsizing and closure of companies that many had regarded as almost recession proof. The recent problems within the auto industry are symptomatic of a wider global malice. It seems that any industry that requires the purchase of large ticket assets is struggling to stay afloat. This has meant that business owners have had to look at each and every avenue that can lead to cost savings. In the medical industry this has given rise to a vibrant market for used medical equipment.Items like used x-ray machines are attractive to smaller medical operations in part because the technology used to produce these machines has not significantly changed in over a decade. Other robust medical devices like the various types of scanners also make attractive options. Used equipment can be sourced from a variety of dealers, including online vendors. Some common sense precautions should be taken prior to selecting a vendor, such as ensuring that they are registered with a governing body such as the American Medical Association. This ensures that the equipment will have been maintained to the highest specifications and will perform as required. Any organization contemplating the purchase of used radiological equipment should also be aware that there are rules and regulations governing any equipment where isotopes are used.The attractiveness of used medical equipment is not limited to large organizations. Anyone who is contemplating home based care should also investigate the thriving market for used home medical equipment. In these cash strapped times used home medical equipment is an attractive option, especially for the more expensive items such as oxygen supply machinery or monitoring equipment. The same common sense approach to selecting a reputable supplier who can supply well known and well maintained brands also applies to the purchase of used home medical equipment.Another money saving option is to consider the option to lease medical equipment. This has a variety of benefits including the fact that leasing usually includes insurance and maintenance clauses which can mean reduced costs in the medium and longer terms. The maintenance clause in the lease contract can also mean that if the equipment malfunctions it will be speedily replaced. This can mean the difference between life or death in the cases of extremely ill patients.Medical rental equipment is usually extremely well maintained and the units are usually modern and easy to use, which is extremely important if the caregiver has little or no medical training. The agency renting the medical equipment will also usually be able to supply the services of a caregiver who is highly experienced in the operation of the machines if they are too complex for the layman to operate. The technician will also have medical training that will enable them to render assistance in the case of emergency.The rule of thumb whether purchasing used medical equipment or taking the rental option is to always ensure that you are sourcing the equipment from a reputable dealer who can supply after sales service in a timely and professional manner.