Healthcare Equipment Leasing Market- Roadmap for Recovery from COVID-19 | Inflated Cost of Healthcare Equipment to boost the Market Growth | Technavio
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.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions:
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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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
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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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
List of abbreviations
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