Medical Equipment Leasing Market

Such factors are projected to augment demand in the global healthcare equipment leasing market.

Medical equipment leasing market.

Durable medical equipment one of the segments analyzed and sized in this study displays the potential to grow at over 4 9. Durable medical equipment market size was valued at usd 49 9 billion in 2019 and is expected to grow at a compound annual growth rate cagr of 6 0 from 2020 to 2027. Medical equipment rental and leasing market worldwide is projected to grow by us 16 9 billion driven by a compounded growth of 4 5. The medical equipment financing market revenue exceeded usd 130 billion in 2019 and the industry is expected to achieve more than 6 6 cagr over 2020 2026.

According to a summary of the global healthcare equipment leasing market 2017 2021 report on the research and markets website a primary reason hospitals are trending towards leasing is the rising cost of medical devices. Diagnostic equipment segment is set to lead the global demand. Durable medical equipment one of the segments analyzed and. The high cost associated with medical equipment shifts the end users preference toward leasing equipment instead of purchasing new medical equipment.

Aug 18 2020 market insight reports global medical equipment rental and leasing market size status and forecast 2020 2026 the report presents an. The medical equipment rental and leasing market report also delivers market evaluationalong with the pestel swot and other necessary data. In addition the medical equipment rental and leasing market study categorizes the global market data by using numerous factors such as application region manufacturers and type. An increase in the prevalence of the chronic disease rapid technological advancements and a rising aging population are the leading factors propelling the overall demand for durable medical equipment dme in the country.

Healthcare leasing helps in reducing installation costs and maintenance. Medical equipment rental and leasing market worldwide is projected to grow by us 16 9 billion driven by a compounded growth of 4 5. The shifting dynamics supporting this growth.