LONDON–(BUSINESS WIRE)–#GlobalHealthcareEquipmentLeasingMarket–Technavio has been monitoring the healthcare equipment leasing market and it is poised to grow by USD 17.14 bn during 2020-2024, progressing at a CAGR of about 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
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What are the major trends in the market?
The uberization of medical equipment finance is a major trend driving the growth of the market. -
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 6.7% and the incremental growth of the market is anticipated to be $ 17.14 bn. -
Who are the top players in the market?
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., and Tokyo Century Corp., are some of the major market participants. -
What is the key market driver?
The inflated cost of healthcare equipment is one of the major factors driving the market. -
How big is the North America market?
The North America region will contribute 37% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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., and Tokyo Century Corp. are some of the major market participants. The inflated cost of healthcare equipment will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Healthcare Equipment Leasing Market 2020-2024: Segmentation
Healthcare Equipment Leasing Market is segmented as below:
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End-user
- Hospitals
- Diagnostic Centers
- Others
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Product
- DME, Surgical And Therapy Equipment
- Personal And Home-care Equipment
- Storage And Transport Equipment
- Digital And Electronic Equipment
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Geographic Landscape
- Asia
- Europe
- North America
- ROW
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Healthcare Equipment Leasing Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The healthcare equipment leasing market report covers the following areas:
- Healthcare Equipment Leasing Market Size
- Healthcare Equipment Leasing Market Trends
- Healthcare Equipment Leasing Market Industry Analysis
This study identifies uberization of medical equipment finance as one of the prime reasons driving the healthcare equipment leasing market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Healthcare Equipment Leasing Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist healthcare equipment leasing market growth during the next five years
- Estimation of the healthcare equipment leasing market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the healthcare equipment leasing market
- 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
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- DME – Market size and forecast 2019-2024
- Surgical and therapy equipment leasing – Market size and forecast 2019-2024
- Personal and home-care equipment – Market size and forecast 2019-2024
- Digital and electronic equipment leasing – Market size and forecast 2019-2024
- Storage and transport equipment leasing – Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- Asia – Market size and forecast 2019-2024
- ROW – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 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.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
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List of abbreviations
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