Exploring Key Insights of the Healthcare Equipment Leasing Market: Growth Prospects, Emerging Trends, and Opportunities
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How has the healthcare equipment leasing market grown over the years?
In recent times, there has been a sharp increase in the size of the healthcare equipment leasing market. A rise from $59.58 billion in 2024 to $65.54 billion in 2025 is projected, aligning with a compound annual growth rate (CAGR) of 10.0%. Several factors explain this surge during the historic period, including a greater emphasis on supply chain efficiency, an uptick in personalized medicine, expanded veterinary healthcare, increased demand for rehabilitation equipment, and a growth in outpatient services.
What Is the forecasted market size and growth rate for the healthcare equipment leasing market?
In the coming years, the market for healthcare equipment leasing is projected to experience robust growth. It is predicted to escalate to $94.66 billion by 2029, marking a compound annual growth rate (CAGR) of 9.6%. The anticipated growth during the forecasted period can be credited to factors such as the expansion of hospitals and clinics, the proliferation of companies providing medical equipment leases, escalating demand for up-to-date medical equipment, rising medical equipment prices, and the enhancement of healthcare infrastructure. Key trends expected during this period encompass sustainability, remote patient monitoring and telemedicine, data protection and integration, optimization of equipment utilization, the embracing of value-based care models and the leasing of specialized equipment.
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What are the major factors driving growth in the healthcare equipment leasing market?
The increase in the number of healthcare facilities is anticipated to spur the growth of the healthcare equipment leasing market. These healthcare institutions, known as hospitals, provide vital medical services and patient care. The escalating need for hospitals is predicated on several factors, including demographic shifts, increased chronic illness prevalence, population growth, heightened health consciousness, and more extensive health insurance coverage. With the unrelenting demand for cutting-edge medical technology, hospitals necessitate healthcare equipment leasing. For example, the American Hospital Association reported in May 2022 that the United States had a total of 6,120 hospitals. This statistics includes both private and public health care centers throughout the country. Consequently, this increase in hospitals and clinics propels the growth of the healthcare equipment leasing market.
What key areas define the segmentation of the global 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
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What are the top market players propelling the growth of the healthcare equipment leasing industry?
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
What key trends are currently impacting the healthcare equipment leasing market’s development?
Leading enterprises in the healthcare equipment leasing market are now offering versatile financing solutions to aid healthcare providers in obtaining cutting-edge equipment. These flexible financing solutions encompass a variety of financial strategies that are adaptable and adjustable to fit the requirements of the lender or buyer. For example, in June 2024, Capital MBS, a marketplace of financing alternatives based in the US, introduced flexible financing solutions specifically tailored for the medical and dental sectors. This was achieved by collaborating with reputable banks. It allows healthcare providers to procure state-of-the-art equipment without having to bear a large initial cost or experience delays. The scheme offers financing options for diagnostic tools such as MRI and CT scanners, X-ray systems, surgical equipment, dental technologies, patient care appliances, and laboratory instruments. An online procedure allows quick access to these innovative financing strategies — assisting healthcare professionals in obtaining the necessary funds for crucial medical technology.
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What regions are dominating the healthcare equipment leasing market growth?
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.
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