Global Healthcare Equipment Leasing Market: Overview
The global healthcare equipment leasing market may have witnessed steady growth over the years,
owing to its efficiency in product management and cost-effectiveness. Healthcare equipment leasing is considered as a cost-effective alternative for acquiring capital medical equipment. Healthcare leasing also helps in avoiding elevated investments and allows the end-users to use healthcare assets on the basis of monthly low-cost instalments. It further ensures better sales along with enabling improved budgeting.
A report on the healthcare equipment leasing market to be added to the vast repository of Transparency Market Research pulls out every stop to present in-depth information on it. The report would enable key stakeholders in the global healthcare equipment leasing market to gain proper insight into the growth drivers and headwinds. This report would provide an objective on the competitive landscape and dissect each product, application, and regional segment to understand which ones hold out solid promise.
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Global Healthcare Equipment Leasing Market: Key Trends
The demand for leasing equipment is rising due to the benefits such as easy tax return policy on leased equipment. Growing demand from low-budget healthcare facilities, diagnostics centers, and hospitals, and increasing need for low expenditure for acquiring medical assets along with tax-deductible facility are believed to be driving the global healthcare equipment leasing market. Furthermore, healthcare leasing offers flexible repayment term which is different from the loan, where the down-payment is not required. All such benefits also expected to boost the global healthcare equipment leasing market.
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Healthcare facilities generate their revenue through various medical procedures such as home care services, medical imaging, anesthesia, endoscopy, and dialysis. For performing all such medical procedures, costly medical equipment are required. The high cost associated with medical equipment shifts the end-users’ preference toward leasing equipment instead of purchasing new medical equipment. Healthcare leasing helps in reducing installation costs and maintenance. Such factors are projected to augment demand in the global healthcare equipment leasing market. Healthcare leasing is mostly adopted in acute care centers, clinics, dental clinics, and mid-size hospitals due to the high frozen capital share of the NHS. Apart from these, growing number of start-up healthcare, and rising availability of favorable reimbursement policies are also expected to thrust the global healthcare equipment leasing market.
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Global Healthcare Equipment Leasing Market: Regional Outlook
With respect to geography, North America is expected to lead the global healthcare equipment leasing market as the region has seen rapid urbanization of medical equipment finance. Growing demand for diagnostic procedures for detecting diseases, rising healthcare and pharmaceutical industries, and burgeoning population could also be responsible for fueling the healthcare equipment leasing market in the region. Other prominent regions in the global healthcare equipment leasing market are APAC, and EMEA. Rising cases of illness, increasing number of start-up ASCs, and growing reimbursement policies supporting the concept of leasing are anticipated to boost the healthcare equipment leasing market in these regions.
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Global Healthcare Equipment Leasing Market: Competitive Outlook
Key players operating in the global healthcare equipment leasing market include GE Capital, Oak Leasing, Rotech Healthcare, National Technology Leasing, and Siemens Financial Services.
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