The healthcare equipment leasing global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Healthcare Equipment Leasing Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The healthcare equipment leasing market size has grown strongly in recent years. It will grow from $54.38 billion in 2023 to $59.58 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to the increased focus on supply chain efficiency, rise in personalized medicine, growth in veterinary healthcare, rise in demand for rehabilitation equipment, and rise in outpatient services.
The healthcare equipment leasing market size is expected to see strong growth in the next few years. It will grow to $86.42 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to the rising number of hospitals and clinics, rising companies for medical equipment lease, increasing demand for advanced medical equipment, increasing costs of medical equipment, and growing healthcare infrastructure. Major trends in the forecast period include sustainability, telehealth and remote monitoring, data security and integration, equipment utilization optimization, adoption of value-based care models, and specialized equipment leasing.
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Scope Of Healthcare Equipment Leasing Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Healthcare Equipment Leasing Market Overview
Market Drivers –
The rising number of hospitals is expected to fuel the growth of the healthcare equipment leasing market going forward. Hospitals refer to healthcare facilities that provide medical care and treatment to patients. A combination of demographic changes drives the need for hospitals, the rise in chronic diseases, population growth, increased health awareness, and expanded health insurance coverage. Hospitals create a need for healthcare equipment leasing due to the continuous demand for advance medical technology. For instance, in May 2021, according to the American Hospital Association, a US-based organization of hospitals, healthcare networks, and patients, the number of US community hospitals increased from 5,139 in 2020 to 5,157 in 2021, and the number of rural hospitals rose from 1,796 to 1,800 during the same period. Therefore, the rising number of hospitals and clinics is driving the growth of the healthcare equipment leasing market.
Market Trends –
Major companies operating in the healthcare equipment leasing market are providing flexible financing options to help healthcare providers get advanced equipment. Flexible financing options refer to a range of financial arrangements or plans that offer versatility and adaptability to meet the needs of borrowers or buyers. For instance, in June 2024, Capital MBS, a US-based marketplace of funding options, launched flexible financing options for the medical and dental sectors, partnering with trusted banks to enable healthcare providers to acquire advanced equipment without hefty upfront costs or delays. The option includes financing diagnostic tools such as MRI, CT scanners, X-ray systems, surgical instruments, dental technologies, patient care equipment, and laboratory instruments. An online application process facilitates quick access to these financing solutions, helping healthcare professionals secure the funding for essential medical technology.
The healthcare equipment leasing market covered in this report is segmented –
1) By Device Type: Personal And Homecare Leasing Equipment, Digital And Electronic Equipment, Surgical And Therapy Leasing Equipment, Durable Medical Equipment (DME), Storage And Transport Leasing Equipment, Other Device Types
2) By Device Finance Type: New Medical Equipment, Rental Equipment, Refurbished Equipment, Other Device Finance Types
3) By End-User: Ambulatory Surgical Services, Hospitals, Homecare, Laboratory And Diagnostic Centers, Other End Users
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Regional Insights –
North America was the largest region in the healthcare equipment leasing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the healthcare equipment leasing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the healthcare equipment leasing market are McKesson Corporation, Stryker Corporation, Far East Horizon Limited, Hill-Rom Holdings Inc., Getinge AB, Genertec Universal Medical Group, Encore Medical Capital, Agiliti Inc., CWB Financial Group, Meridian Group International Inc., Crossroads Equipment Lease and Finance, AvTech Capital LLC, United Leasing & Finance, Med One Group, Providence Capital Funding Inc., Lease Corporation of America, Dext Capital LLC, Crest Capital, Oak Leasing Ltd, Madison Capital LLC, National Technology Leasing Corp, Insight Financial Services, Liberty Capital Group
Table of Contents
1. Executive Summary
2. Healthcare Equipment Leasing Market Characteristics
3. Healthcare Equipment Leasing Market Trends And Strategies
4. Healthcare Equipment Leasing Market – Macro Economic Scenario
5. Global Healthcare Equipment Leasing Market Size and Growth
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32. Global Healthcare Equipment Leasing Market Competitive Benchmarking
33. Global Healthcare Equipment Leasing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Healthcare Equipment Leasing Market
35. Healthcare Equipment Leasing Market Future Outlook and Potential Analysis
36. Appendix
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