Healthcare Equipment Leasing Market to Grow by USD 28.41 Billion (2024-2028), Rising Equipment Costs Driving Revenue, with AI Transforming the Market

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Healthcare Equipment Leasing Market to Grow by USD 28.41 Billion (2024-2028), Rising Equipment Costs Driving Revenue, with AI Transforming the Market

NEW YORK, Nov. 19, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global healthcare equipment leasing market  size is estimated to grow by USD 28.41 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.23%  during the forecast period. High cost of healthcare equipment is driving market growth, with a trend towards uberization of medical equipment financing. However, growing popularity of refurbished healthcare equipment  poses a challenge.Key market players include Agfa Gevaert NV, Avtech Capital LLC, Baxter International Inc., Blackstone Inc., CWB Financial Group, Dext Capital LLC, De Lage Landen International BV, First Citizens Bancshares Inc., General Electric Co., Koninklijke Philips N.V., Lease Corporation of America, Madison Capital LLC, Med One Group, Meridian Group international Inc., Mizuho Leasing Co. Ltd., National Technology Leasing Corp., Oak Leasing Ltd., Rotech Healthcare Inc., Siemens AG, and Stryker Corp..

Technavio has announced its latest market research report titled Global Healthcare Equipment Leasing Market 2024-2028
Technavio has announced its latest market research report titled Global Healthcare Equipment Leasing Market 2024-2028

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Hospitals, Diagnostic centers, Clinics, and Others), Product (Durable medical equipment, Surgical and therapy equipment leasing, Personal and home-care equipment, Digital and electronic equipment leasing, and Storage and transport equipment leasing), and Geography (North America, Europe, Asia, and Rest of World (ROW))

Region Covered

North America, Europe, Asia, and Rest of World (ROW)

Key companies profiled

Agfa Gevaert NV, Avtech Capital LLC, Baxter International Inc., Blackstone Inc., CWB Financial Group, Dext Capital LLC, De Lage Landen International BV, First Citizens Bancshares Inc., General Electric Co., Koninklijke Philips N.V., Lease Corporation of America, Madison Capital LLC, Med One Group, Meridian Group international Inc., Mizuho Leasing Co. Ltd., National Technology Leasing Corp., Oak Leasing Ltd., Rotech Healthcare Inc., Siemens AG, and Stryker Corp.

Key Market Trends Fueling Growth

The healthcare equipment leasing market is thriving as healthcare providers turn to leasing models for affordable access to essential medical equipment. Equipment types include medical imaging such as MRI machines, CT scanners, and X-ray machines, surgical equipment, diagnostic equipment, therapeutic equipment, and durable medical equipment like ventilators, oxygen tents, and nebulizers. Leasing allows providers to offer quality care for chronic diseases, preventive healthcare, and healthcare awareness, while managing equipment obsolescence and maintenance costs. Leasing agreements involve monthly rental fees, legal agreements, and tenant responsibilities. Equipment types range from medical devices like MRI machines, CT scanners, and X-ray machines to laboratory items, testing supplies, personal protective equipment, and accessories. Financial sponsors support leasing for care homes, private hospitals, and healthcare facilities. Leasing models offer payment deferrals, restructuring, and supply chain benefits. Equipment maintenance includes preventive maintenance, component replacement, engineer labor, and uptime guarantees. Equipment types include ventilators, breathing equipment, and durable medical equipment like wheelchairs and hospital beds. Leasing also covers volume-based and value-based care, and includes accessories, care homes, and long-term care facilities.

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