Healthcare equipment leasing market to grow by USD 28.41 bn

0
Healthcare equipment leasing market to grow by USD 28.41 bn

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.

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.

The healthcare equipment leasing market is experiencing significant growth in the current business climate. With the leasing industry surpassing the trillion-dollar mark, the trend towards equipment leasing is expected to expand. Three primary factors are driving this growth: the entry of major healthcare equipment manufacturers, the preference for asset financing, and the Uberization of healthcare services. The market is characterized by a high level of competition, with numerous players vying for market share.

Research analysis
The healthcare equipment leasing market refers to the provision of financing solutions for healthcare providers and organizations to acquire medical equipment through leasing agreements instead of purchasing outright. This market encompasses various types of medical equipment, including imaging equipment such as MRI machines and CT scanners, surgical equipment, diagnostic equipment, therapeutic equipment, ventilators, durable medical equipment, and laboratory items like chemistry immunoassay analyzers. Leasing models offer flexibility, lower upfront costs, and potential tax benefits for tenants, making it an attractive option for care homes, private hospitals, and other healthcare facilities. Financial sponsors play a crucial role in facilitating these leasing arrangements, enabling healthcare entities to access the latest medical devices and technology without significant capital expenditures. Monthly rental fees are agreed upon in legal contracts between the lessor and the tenant. This market caters to a wide range of medical equipment, from essential items like ventilators to advanced diagnostic and imaging equipment.

Market research overview
The healthcare equipment leasing market plays a crucial role in enabling healthcare providers to access advanced medical equipment for delivering quality care to patients. Leasing models offer flexible financial solutions for procuring medical imaging equipment such as MRI machines, CT scanners, and X-ray machines, as well as surgical and diagnostic equipment like ultrasound machines. This includes physical therapy equipment, preventive healthcare devices for managing chronic diseases, and laboratory items. Equipment obsolescence and maintenance are significant considerations, with leasing agreements often including uptime guarantees, preventive maintenance, and component replacement. Leasing also provides access to the latest medical devices, including ventilators, durable medical equipment, and accessories, for care homes, private hospitals, and healthcare facilities. Financial sponsors, medical equipment providers, and healthcare facilities enter into legal agreements for monthly rental fees, covering various medical devices and rental equipment. This includes breathing equipment, testing supplies, personal protective equipment, and glucose monitoring devices. Payment deferrals, restructuring, and supply chain considerations are also addressed in these agreements. Long-term care and home care facilities benefit from leasing, as they can access essential equipment like oxygen tents, iron lungs, nebulizers, catheters, transfer benches, hospital beds, patient lifts, and wheelchairs. Leasing models promote volume-based and value-based care, ensuring efficient use of resources and cost savings. Technavio

link

Leave a Reply

Your email address will not be published. Required fields are marked *