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What Growth Opportunities are Expected to Drive the Healthcare Equipment Leasing Market’s CAGR Through 2034?

The market size for leasing healthcare equipment has seen a swift expansion in recent years. Projected growth is from $59.58 billion in 2024 to $65.54 billion in 2025, with a compound annual growth rate (CAGR) of 10.0%. Factors contributing to the growth during the historic period include an enhanced emphasis on supply chain efficiency, increasing personalized medicine, an upswing in veterinary healthcare, heightened demand for rehabilitation gear, and a rise in outpatient services.

In the coming years, the market for healthcare equipment leasing is projected to experience substantial growth, reaching a staggering value of $94.66 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 9.6%. This upward trend during the forecast period can be attributed to various factors such as the surge in the number of hospitals and clinics, the rise in medical equipment lease companies, greater demand for modern medical equipment, escalating costs of medical equipment, and enhanced healthcare infrastructure. The forecast period is also expected to witness several key trends including sustainability, telehealth and remote monitoring, data safety and integration, optimisation of equipment usage, the adoption of value-driven care models, and specialist equipment leasing.

What Drivers Are Shaping the Growth of the Healthcare Equipment Leasing Market?

The increasing number of healthcare facilities is anticipated to be a major driver for expansion in the healthcare equipment leasing market in the future. These facilities, notably hospitals, offer medical services and treatments to patients. Various factors like demographic shifts, prevalence of chronic diseases, population surge, heightened awareness about health, and broader health insurance coverage necessitate more hospitals. The constant need for advanced medical technology in these facilities gives rise to the demand for healthcare equipment leasing. The American Hospital Association reported that as of May 2022, there were a total of 6,120 hospitals in the United States, inclusive of both public and private institutions. Consequently, this surge in hospitals and clinics is propelling the growth of the healthcare equipment leasing market.

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What Are the Leading Industry Players Dominating the Healthcare Equipment Leasing Market?

Major companies operating in the healthcare equipment leasing market are:

• McKesson Corporation_x000D_

• Stryker Corporation_x000D_

• Far East Horizon Limited_x000D_

• Hill-Rom Holdings Inc._x000D_

• Getinge AB_x000D_

What Are the Latest Trends Leading to Disruption in the Healthcare Equipment Leasing Market?

Top firms in the healthcare equipment leasing market are offering flexible financial solutions to aid healthcare providers in obtaining state-of-the-art equipment. Flexible financing refers to a wide array of financial plans that provide versatility and adaptability to fulfil the requirements of lenders or purchasers. For example, in June 2024, Capital MBS, a marketplace for funding solutions based in the US, introduced flexible financing solutions for the medical and dental industries, by collaborating with reputable banks. This enabled healthcare providers to acquire leading-edge equipment without burdensome upfront costs or delays. The options include funding for diagnostic devices like MRI and CT scanners, X-ray systems, surgical tools, dental tech, patient care equipment, and lab instruments. An efficient online application process aids quick access to these funding solutions, thereby supporting healthcare professionals in obtaining the necessary funding for crucial medical technology.

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Which Industry Segments Are Leading the Development and Expansion of the Healthcare Equipment Leasing Market?

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

Subsegments:

1) By Personal And Homecare Leasing Equipment: Home Oxygen Equipment, CPAP Machines, Mobility Aids (Wheelchairs, Walkers), Personal Monitoring Devices

2) By Digital And Electronic Equipment: Diagnostic Imaging Equipment (X-ray, MRI, CT scanners), Patient Monitoring Systems, Electronic Medical Records (EMR) Systems, Diagnostic And Lab Testing Equipment

3) By Surgical and Therapy Leasing Equipment: Surgical Instruments, Anesthesia Machines, Physiotherapy Equipment, Laser Therapy Equipment

4) By Durable Medical Equipment (DME): Hospital Beds, Respiratory Equipment, Orthopedic Devices, Patient Lifts and Hoists

5) By Storage And Transport Leasing Equipment: Refrigerators/Freezers for Medical Use, Medical Waste Storage Containers, Patient Transport Stretchers, Medical Storage Cabinets

6) By Other Device Types: Laboratory Equipment, Dialysis Machines, Defibrillators, Infusion Pumps

Which Regions Are Significant to the Growth of the Healthcare Equipment Leasing Market?

North America was the largest region in the healthcare equipment leasing market in 2024. 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.

What Are the Core Features That Define the Healthcare Equipment Leasing Market?

Healthcare equipment leasing is a financial arrangement that allows medical facilities to rent equipment instead of purchasing it outright. This approach helps hospitals, clinics, and other healthcare providers access the latest technology without the significant upfront costs. This leasing process provides flexibility, enabling facilities to upgrade to newer models as technology advances. It also aids in managing cash flow and preserving capital for other critical expenditures.

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