Medical Equipment Leasing Market

Aug 18 2020 market insight reports global medical equipment rental and leasing market size status and forecast 2020 2026 the report presents an.

Medical equipment leasing market.

In fact industry experts suggest that the healthcare equipment leasing market will grow at a cagr of 6 77 through 2021. The high cost associated with medical equipment shifts the end users preference toward leasing equipment instead of purchasing new medical equipment. 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. 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.

Durable medical equipment one of the segments analyzed and sized in this study displays the potential to grow at over 4 9. 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. Diagnostic equipment segment is set to lead the global demand.

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. Such factors are projected to augment demand in the global healthcare equipment leasing market. 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. The growth is due in part to increased competition between providers the.

The medical equipment rental and leasing market report also delivers market evaluationalong with the pestel swot and other necessary data. 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. Global medical equipment rental and leasing market status 2015 2019 and forecast 2020 2025 by region product type end use the lexis business insights added a new report global medical.