Medical Equipment Leasing Market
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The high cost associated with medical equipment shifts the end users preference toward leasing equipment instead of purchasing new medical equipment.
Medical equipment leasing market. 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. 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. 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. 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.
The medical equipment rental and leasing market report also delivers market evaluationalong with the pestel swot and other necessary data. Medical equipment rental and leasing market worldwide is projected to grow by us 16 9 billion driven by a compounded growth of 4 5. Healthcare leasing helps in reducing installation costs and maintenance. Aug 18 2020 market insight reports global medical equipment rental and leasing market size status and forecast 2020 2026 the report presents an.
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. Such factors are projected to augment demand in the global healthcare equipment leasing market. Diagnostic equipment segment is set to lead the global demand. The shifting dynamics supporting this growth.
In fact industry experts suggest that the healthcare equipment leasing market will grow at a cagr of 6 77 through 2021. Medical equipment rental and leasing market worldwide is projected to grow by us 16 9 billion driven by a compounded growth of 4 5. Durable medical equipment one of the segments analyzed and sized in this study displays the potential to grow at over 4 9.
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