Healthcare Equipment Leasing Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR41642
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The healthcare equipment leasing market has the potential to grow by USD 16.27 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.98%.

This healthcare equipment leasing market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (durable medical equipment, surgical and therapy equipment leasing, personal and home-care equipment, digital and electronic equipment leasing, and storage and transport equipment leasing) and geography (North America, Europe, Asia, and ROW). The healthcare equipment leasing market report also offers information on several market vendors, including Agfa-Gevaert NV, Hill-Rom Holdings Inc., Koninklijke Philips NV, Oak Leasing Ltd., Rabobank Group, Siemens AG, Stryker Corp., Teachers Insurance and Annuity Association of America, The Blackstone Group Inc., and Tokyo Century Corp. among others.

What will the Healthcare Equipment Leasing Market Size be in 2021?

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Healthcare Equipment Leasing Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The inflated cost of healthcare equipment is notably driving the healthcare equipment leasing market growth, although factors such as growing popularity of refurbished equipment may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the healthcare equipment leasing industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This healthcare equipment leasing market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Healthcare Equipment Leasing Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Agfa-Gevaert NV
  • Hill-Rom Holdings Inc.
  • Koninklijke Philips NV
  • Oak Leasing Ltd.
  • Rabobank Group
  • Siemens AG
  • Stryker Corp.
  • Teachers Insurance and Annuity Association of America
  • The Blackstone Group Inc.
  • Tokyo Century Corp.

 

The vendor landscape of the healthcare equipment leasing market entails successful business strategies deployed by the vendors. The healthcare equipment leasing market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the healthcare equipment leasing market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Healthcare Equipment Leasing Market?

Healthcare-Equipment-Leasing-Market-Market-Share-by-Region-2020-2025

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37% of the market’s growth will originate from North America during the forecast period. The US is a key market for healthcare equipment leasing in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The growing demand for equipment leasing from low-budget healthcare facilities will facilitate the healthcare equipment leasing market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Product Segments in the Healthcare Equipment Leasing Market?

Healthcare-Equipment-Leasing-Market-Market-Share-by-Product-2020-2025

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The healthcare equipment leasing market share growth by the durable medical equipment segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the healthcare equipment leasing market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

 

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What are the Key Factors Covered in this Healthcare Equipment Leasing Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive healthcare equipment leasing market growth during the next five years
  • Precise estimation of the healthcare equipment leasing market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the healthcare equipment leasing market across North America, Europe, Asia, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of healthcare equipment leasing market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The healthcare equipment leasing market growth will increase by $17.14 billion during 2019-2024.
The healthcare equipment leasing market is expected to grow at a CAGR of 6.80% during 2019-2024.
Technavio has segmented the healthcare equipment leasing market by product (DME, Surgical and therapy equipment leasing, Personal and home-care equipment, Digital and electronic equipment leasing, and Storage and transport equipment leasing) ,application (Semiconductors, Life sciences, Material sciences, and Nanotechnology) , and geographic (North America, Europe, and Asia).
Agfa-Gevaert NV, De Lage Landen International BV, Hill-Rom Holdings Inc., Koninklijke Philips NV, Oak Leasing Ltd., Siemens AG, Stryker Corp., Teachers Insurance and Annuity Association of America, The Blackstone Group Inc., Tokyo Century Corp. are a few of the key vendors in the healthcare equipment leasing market.
North America will register the highest growth rate of 40.85% among the other regions. Therefore, the healthcare equipment leasing market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the healthcare equipment leasing market growth are:
  • Inflated cost of healthcare equipment
  • Uberization of medical equipment finance
The healthcare equipment leasing market vendors should focus on grabbing business opportunities from the dme segment as it accounted for the largest market share in the base year.
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