CHICAGO, Nov. 21, 2022 /PRNewswire/ -- According to Arizton's latest research report, healthcare equipment leasing market is expected to grow at a CAGR of around 7.6% during 2022-2027. Growing number of medical imaging & surgical procedures, high capital & procurement costs of healthcare equipment, and increase in the number of diagnostic centers & hospitals are the major drivers of the healthcare equipment leasing market.
With the rise in imaging and diagnostic procedures, especially during the COVID-19 pandemic, the demand for leasing healthcare equipment increased drastically. However, patient monitoring equipment is likely to witness the highest CAGR of 8% during the forecast period. Leasing healthcare equipment has become more advantageous to healthcare providers by avoiding putting up the required capital. Healthcare equipment, such as diagnostic and surgical devices, is constantly improving, making past models obsolete quickly. With leasing, there is more control over the imaging equipment by the procurer at the end of the lease. In addition, upgrading the healthcare equipment can also be scheduled by the procurer. Most healthcare practices, from small to large, prefer to lease healthcare equipment, which will continue the market growth. growth.
Healthcare Equipment Leasing Market Report Scope
Report Attributes |
Details |
Market Size (2027) |
USD 71.7 Billion |
Market Size (2021) |
USD 46 Billion |
CAGR (2022-2027) |
7.6 % |
Base year |
2021 |
Forecast Year |
2022-2027 |
Segmentation Analysis |
Equipment, Lease, End-user, and Geography |
Largest Market |
North America |
Fastest Market |
APAC |
Key Region |
North America, Europe, APAC, Latin America, and Middle East & Africa |
Key Companies |
General Electric Company, Koninklijke Philips N.V., Siemens Financial Services, De Lage Landen International B.V., Oak Leasing, Rotech Healthcare, Advantage+, BNP Paribas Leasing Solutions, C Cube Advance Technologies, CMS Funding, Complete Leasing Solutions, CSI Leasing, Excedr, First American Healthcare Finance, First-Citizens Bank & Trust Company, GreatAmerica Financial Services, GRENKE, Henry Schein, Insight Financial Services (IFS), Intuitive Surgical, JA Mitsui Leasing, Madison Capital, McKesson, Med One Group, Meridian Group International, MRI Depot, National Equipment Leasing Company, National Funding, North Star Leasing, Olympus, ORIX, Prudential Leasing, SLR Investment, Societe Generale Equipment Finance (SGEF), Stryker, TimePayment, TD Bank, Trust Capital, Univest Capital, and Wells Fargo |
Page number |
313 |
Customization Request |
If our report does not include the information you are searching for, you may contact us to have a report tailored to your specific business needs |
Market Dynamics |
Growing Number of Medical Imaging & Surgical Procedures, High Capital & Procurement Costs of Healthcare Equipment, and Increase in The Number of Diagnostic Centres & Hospitals |
Learn more about the additional trends impacting the future of the market and the positive and negative consequences on the businesses, click to get free sample report now.
Healthcare equipment leasing has become an emerging phenomenon for small to medium-sized companies. For start-ups, leasing has been the only way to get the doors opened before the funding runs out, especially in a case where many expensive items are required to run the company. Healthcare equipment leasing for new and used ones can be one of the most cost-effective ways of procuring required items. With leasing, sometimes equipment can be upgraded after each term to the newest and best without having to figure out what to do with the old healthcare equipment.
Market Segmentation
Equipment
- Medical Imaging Equipment
- Surgical & Therapeutic Equipment
- Patient Monitoring Equipment
- Laboratory Equipment
- Durable Medical & Storage/Transport
Lease
- New Equipment Lease
- Used Equipment Lease
End-User
- Hospitals
- Radiology/Medical Imaging Centers
- Clinics & Physician Offices
- Clinical & Research Laboratories
- Others
Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- APAC
- China
- Japan
- India
- South Korea
- Australia
- The Philippines
- Malaysia
- Vietnam
- Indonesia
- Thailand
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- Turkey
- UAE
Established players are forming strategic alliances and entering co-marketing agreements to increase their competitiveness and market penetration of medical device contract manufacturing. Vendors also focus on establishing long-term relationships with suppliers and distributors to develop their portfolio and the geographical reach of their leasing services.
Significant competition among the leading vendors is expected to increase in the future due to the emergence of new entrants. The healthcare equipment leasing market in North America comprises several large vendors with emerging medium-sized and small companies. Europe and APAC have few large players and many small and mid-sized companies. Emerging economies, such as China, India, and Brazil, offer significant growth opportunities for players in this market.
Companies Profiled in the Report
- General Electric Company
- Koninklijke Philips N.V.
- Siemens Financial Services
- De Lage Landen International B.V.
- Oak Leasing
- Rotech Healthcare
- Advantage+
- BNP Paribas Leasing Solutions
- C Cube Advance Technologies
- CMS Funding
- Complete Leasing Solutions
- CSI Leasing
- Excedr
- First American Healthcare Finance
- First-Citizens Bank & Trust Company
- GreatAmerica Financial Services
- GRENKE
- Henry Schein
- Insight Financial Services (IFS)
- Intuitive Surgical
- JA Mitsui Leasing
- Madison Capital
- McKesson
- Med One Group
- Meridian Group International
- MRI Depot
- National Equipment Leasing Company
- National Funding North Star Leasing
- Olympus
- ORIX
- Prudential Leasing
- SLR Investment
- Societe Generale Equipment Finance (SGEF)
- Stryker
- TimePayment
- TD Bank
- Trust Capital
- Univest Capital
- Wells Fargo
Read 313-page market research report, which is segmentation by "Equipment (Medical Imaging Equipment, Surgical & Therapeutic Equipment, Patient Monitoring Equipment, Laboratory Equipment, and Durable Medical & Storage/Transport), Lease (New Equipment Lease and Used Equipment Lease), End-user (Hospitals, Radiology/Medical Imaging Centers, Clinics & Physician Offices, Clinical & Research Laboratories, and Others), and Geography (North America, Europe, APAC, Latin America, and Middle East & Africa)" by Arizton
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Table of Content
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 PREMIUM INSIGHTS
7.1 MARKET SYNOPSIS
7.1.1 MARKET SEGMENTATIONS
7.1.2 COMPETITIVE LANDSCAPE
8 INTRODUCTION
8.1 OVERVIEW
9 MARKET OPPORTUNITIES & TRENDS
9.1 RAPID TECHNOLOGICAL ADVANCES IN HEALTHCARE SETTINGS
9.2 GROWING EASE OF LEASING HEALTHCARE EQUIPMENT IN LMICS
9.3 SURGE IN GLOBAL R&D ACTIVITIES & LABORATORY TESTS VOLUME
10 MARKET GROWTH ENABLERS
10.1 GROWING NUMBER OF MEDICAL IMAGING & SURGICAL PROCEDURES
10.2 HIGH CAPITAL & PROCUREMENT COSTS OF HEALTHCARE EQUIPMENT
10.3 INCREASE IN NUMBER OF DIAGNOSTIC CENTERS & HOSPITALS
11 MARKET RESTRAINTS
11.1 RISK OF HEALTHCARE EQUIPMENT OBSOLESCENCE
11.2 INCREASE IN POPULARITY OF REFURBISHED HEALTHCARE EQUIPMENT
11.3 AVAILABILITY OF MULTIPLE PROCURING OPTIONS FOR HEALTHCARE PROVIDERS
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.3 FIVE FORCES ANALYSIS
12.3.1 THREAT OF NEW ENTRANTS
12.3.2 BARGAINING POWER OF SUPPLIERS
12.3.3 BARGAINING POWER OF BUYERS
12.3.4 THREAT OF SUBSTITUTES
12.3.5 COMPETITIVE RIVALRY
13 EQUIPMENT
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 MEDICAL IMAGING EQUIPMENT
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE & FORECAST
13.3.3 MEDICAL IMAGING EQUIPMENT: GEOGRAPHY SEGMENTATION
13.4 SURGICAL & THERAPEUTIC EQUIPMENT
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.4.3 SURGICAL & THERAPEUTIC EQUIPMENT: GEOGRAPHY SEGMENTATION
13.5 PATIENT MONITORING EQUIPMENT
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE & FORECAST
13.5.3 PATIENT MONITORING EQUIPMENT: GEOGRAPHY SEGMENTATION
13.6 LABORATORY EQUIPMENT
13.6.1 MARKET OVERVIEW
13.6.2 MARKET SIZE & FORECAST
13.6.3 LABORATORY EQUIPMENT: GEOGRAPHY SEGMENTATION
13.7 DURABLE MEDICAL & STORAGE/TRANSPORT EQUIPMENT
13.7.1 MARKET OVERVIEW
13.7.2 MARKET SIZE & FORECAST
13.7.3 DURABLE MEDICAL & STORAGE/TRANSPORT EQUIPMENT: GEOGRAPHY SEGMENTATION
14 LEASE TYPE
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 NEW EQUIPMENT LEASE
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 NEW EQUIPMENT LEASE: GEOGRAPHY SEGMENTATION
14.4 USED EQUIPMENT LEASE
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 USED EQUIPMENT LEASE: GEOGRAPHY SEGMENTATION
15 END-USER
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 HOSPITALS
15.3.1 MARKET OVERVIEW
15.3.2 MARKET SIZE & FORECAST
15.3.3 HOSPITALS: GEOGRAPHY SEGMENTATION
15.4 RADIOLOGY/IMAGING CENTERS
15.4.1 MARKET OVERVIEW
15.4.2 MARKET SIZE & FORECAST
15.4.3 RADIOLOGY/IMAGING CENTERS: GEOGRAPHY SEGMENTATION
15.5 CLINICS & PHYSICIAN OFFICES
15.5.1 MARKET OVERVIEW
15.5.2 MARKET SIZE & FORECAST
15.5.3 CLINICS & PHYSICIAN OFFICES: GEOGRAPHY SEGMENTATION
15.6 CLINICAL & RESEARCH LABORATORIES
15.6.1 MARKET OVERVIEW
15.6.2 MARKET SIZE & FORECAST
15.6.3 CLINICAL & RESEARCH LABORATORIES: GEOGRAPHY SEGMENTATION
15.7 OTHERS
15.7.1 MARKET OVERVIEW
15.7.2 MARKET SIZE & FORECAST
15.7.3 OTHERS: GEOGRAPHY SEGMENTATION
16 GEOGRAPHY
16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.2 GEOGRAPHIC OVERVIEW
17 NORTH AMERICA
17.3 KEY COUNTRIES
17.3.1 US: MARKET SIZE & FORECAST
17.3.2 CANADA: MARKET SIZE & FORECAST
18 EUROPE
18.3 KEY COUNTRIES
18.3.1 GERMANY: MARKET SIZE & FORECAST
18.3.2 FRANCE: MARKET SIZE & FORECAST
18.3.3 ITALY: MARKET SIZE & FORECAST
18.3.4 SPAIN: MARKET SIZE & FORECAST
18.3.5 UK: MARKET SIZE & FORECAST
19 APAC
19.3 KEY COUNTRIES
19.3.1 CHINA: MARKET SIZE & FORECAST
19.3.2 JAPAN: MARKET SIZE & FORECAST
19.3.3 INDIA: MARKET SIZE & FORECAST
19.3.4 SOUTH KOREA: MARKET SIZE & FORECAST
19.3.5 AUSTRALIA: MARKET SIZE & FORECAST
19.3.6 PHILIPPINES: MARKET SIZE & FORECAST
19.3.7 VIETNAM: MARKET SIZE & FORECAST
19.3.8 INDONESIA: MARKET SIZE & FORECAST
19.3.9 THAILAND: MARKET SIZE & FORECAST
19.3.10 MALAYSIA: MARKET SIZE & FORECAST
20 LATIN AMERICA
20.3 KEY COUNTRIES
20.3.1 BRAZIL: MARKET SIZE & FORECAST
20.3.2 MEXICO: MARKET SIZE & FORECAST
20.3.3 ARGENTINA: MARKET SIZE & FORECAST
21 MIDDLE EAST & AFRICA
21.3 KEY COUNTRIES
21.3.1 TURKEY: MARKET SIZE & FORECAST
21.3.2 SOUTH AFRICA: MARKET SIZE & FORECAST
21.3.3 SAUDI ARABIA: MARKET SIZE & FORECAST
21.3.4 UAE: MARKET SIZE & FORECAST
22 COMPETITIVE LANDSCAPE
22.1 COMPETITION OVERVIEW
22.2 MARKET SHARE ANALYSIS
22.2.1 GENERAL ELECTRIC COMPANY IN HEALTHCARE EQUIPMENT LEASING MARKET
22.2.2 KONINKLIJKE PHILIPS N.V. IN HEALTHCARE EQUIPMENT LEASING MARKET
22.2.3 SIEMENS FINANCIAL SERVICES IN HEALTHCARE EQUIPMENT LEASING MARKET
22.2.4 DLL IN HEALTHCARE EQUIPMENT LEASING MARKET
22.2.5 OAK LEASING IN HEALTHCARE EQUIPMENT LEASING MARKET
22.2.6 ROTECH HEALTHCARE IN HEALTHCARE EQUIPMENT LEASING MARKET
23 KEY COMPANY PROFILES
23.1 GENERAL ELECTRIC COMPANY
23.1.1 BUSINESS OVERVIEW
23.1.2 GENERAL ELECTRIC COMPANY IN HEALTHCARE EQUIPMENT LEASING MARKET
23.1.3 SERVICE OFFERINGS
23.1.4 KEY STRATEGIES
23.1.5 KEY STRENGTHS
23.1.6 KEY OPPORTUNITIES
23.2 KONINKLIJKE PHILIPS N.V.
23.3 SIEMENS
23.4 DLL
23.5 OAK LEASING
23.6 ROTECH HEALTHCARE
24 OTHER PROMINENT VENDORS
24.1 ADVANTAGE+
24.1.1 BUSINESS OVERVIEW
24.1.2 SERVICE OFFERINGS
24.2 BNP PARIBAS LEASING SOLUTIONS
24.3 C CUBE ADVANCED TECHNOLOGIES
24.4 CMS FUNDING
24.5 COMPLETE LEASING SOLUTIONS
24.6 CSI LEASING
24.7 EXCEDR
24.8 FIRST AMERICAN EQUIPMENT FINANCE
24.9 FIRST-CITIZENS BANK & TRUST COMPANY
24.10 GREATAMERICA FINANCIAL SERVICES
24.11 GRENKE
24.12 HENRY SCHEIN
24.13 INSIGHT FINANCIAL SERVICES
24.14 INTUITIVE SURGICAL
24.15 JA MITSUI LEASING
24.16 MADISON CAPITAL
24.17 MCKESSON
24.18 MED ONE GROUP
24.19 MERIDIAN GROUP INTERNATIONAL
24.20 MRI DEPOT
24.21 NATIONAL EQUIPMENT LEASING COMPANY
24.22 NATIONAL FUNDING
24.23 NORTH STAR LEASING
24.24 OLYMPUS
24.25 ORIX
24.26 PRUDENTIAL LEASING
24.27 SLR INVESTMENT
24.28 SOCIETE GENERALE EQUIPMENT FINANCE
24.29 STRYKER
24.30 TIMEPAYMENT
24.31 TD BANK
24.32 TRUST CAPITAL
24.33 UNIVEST
24.34 WELLS FARGO
25 REPORT SUMMARY
25.1 KEY TAKEAWAYS
25.2 STRATEGIC RECOMMENDATIONS
26 APPENDIX
26.1 ABBREVIATIONS
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