Latest News- Healthcare Equipment Leasing Market: Hospitals is expected to lead the End-user segment during 2024-2028

The Healthcare Equipment Leasing Market is being driven by High cost of healthcare equipment

The Healthcare Equipment Leasing Market is expected to grow at a CAGR of 8.23% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 28.41 billion. The healthcare equipment leasing market is experiencing significant growth in the current business landscape. With the leasing industry surpassing the trillion-dollar (US) threshold, it continues to thrive as a profitable venture. Three primary factors are fueling the trend towards equipment leasing in healthcare: the increasing preference for pay-as-you-go business models, the need for frequent equipment upgrades, and the entry of major medical equipment manufacturers. Asset financing remains a popular choice for acquiring medical equipment due to its flexibility and cost-effectiveness. The market is characterized by a high degree of fragmentation, with numerous players competing for market share. 

Get more information on Healthcare Equipment Leasing Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on segments_for_ai.nslist

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• High cost of healthcare equipment
• Growing demand for equipment leasing from low-budget healthcare facilities
• Continuous technological advances coupled with shorter product lifecycles

However, the market also witnesses some limitations, which are as follows:

• Growing popularity of refurbished healthcare equipment
• Intense competition between key players and healthcare equipment manufacturers
• Aggressive marketing strategies by OEMs to boost sales of new healthcare equipment

Benefits of Buying Global Healthcare Equipment Leasing Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Healthcare Equipment Leasing Market Research Report

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

In the healthcare sector, equipment leasing has become a popular solution for providers and organizations to acquire medical devices and equipment. Leasing models offer flexible financing options for various types of equipment, including medical imaging (MRI machines, CT scanners), surgical, diagnostic, therapeutic, ventilators, durable medical, and laboratory items (chemistry immunoassay analyzers). Legal agreements outline the terms between the lessor and the tenant, specifying monthly rental fees. Financial sponsors facilitate these leases for care homes, private hospitals, and more. Rental equipment includes medical devices such as MRI machines, CT scanners, and ventilators, among others.

Market Research Overview

The healthcare equipment leasing market is a significant segment of the larger global healthcare equipment market. According to Technavio, this market is characterized by various leasing models that enable healthcare providers to access essential medical equipment, such as MRI machines, surgical equipment, medical imaging equipment, and diagnostic equipment, on a flexible, cost-effective basis. The global healthcare equipment market, which encompasses manufacturers of capital equipment, instruments, implants, accessories, and consumables for the diagnosis, monitoring, and treatment of various diseases, was valued at USD395.63 billion in 2023. This market size was determined by Technavio based on the combined revenue generated by manufacturers of various types of diagnostic equipment and devices used across therapy areas.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/