Medical Equipment Rental and Leasing: Market Research Report

March 2018 | 165 pages | ID: M7F2244A5CAEN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Medical Equipment Rental and Leasing in US$ Million.

The report provides separate comprehensive analytics for the US, Japan, Europe, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024.

Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research.

Company profiles are primarily based on public domain information including company URLs. The report profiles 93 companies including many key and niche players such as -

• Agfa Finance Corp.
• Direct Capital Corp.
• De Lage Landen International B.V.
• GE Industrial Finance
• Hill-Rom Holdings, Inc.
• IBJ Leasing Company Ltd.

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

A Prelude
Medical Equipment Rental and Leasing Market – An Overview
Outlook
Leasing Vs. Purchase of Medical Equipment
Favorable Facets of Leases over Traditional Loans
Benefit of Rental/Leasing
Leasing – A Cost Effective Option for Cash Strapped Organizations
Equipment Rental & Leasing - No Standard Terms
Minimal Risks for Rental Equipment Provider
Regional Scenario of Medical Equipment Leasing
Aging Population and Expanding Medical Needs – A Major Growth Driving Factor
Aging Population Statistics – Opportunity Indicators

Table 1. Life Expectancy at Birth for Select Countries (2015) (includes corresponding Graph/Chart)

Table 2. Life Expectancy at Age 60 and 80 Years - (2010-2015), (2020-2025) & (2045-2050) (includes corresponding Graph/Chart)

Table 3. Global Aging Population in Select Regions/Countries: Population of 60+ Individuals in ‘000s and as a Percentage of Total Population for 2015 & 2050 (includes corresponding Graph/Chart)

Equipment Leasing: A Superlative Solution to Unlock Capital in Healthcare Vertical
Healthcare Providers Beat Rising Costs with Innovative Financing
Challenges of Capital Expenditure
Consumerization of Healthcare Services

2. GLOBAL HEALTHCARE SPENDING

Healthcare Spending Slowdown Bodes Well for Medical Equipment Leasing

Table 4. Global Per Capita Healthcare Spending (in US$) by Geographic Region for the Year 2016 (includes corresponding Graph/Chart)

Table 5. Healthcare Spending as % of GDP by Geographic Region (2016) (includes corresponding Graph/Chart)

Affordable Care Act Drives Equipment Rental Market
Impact of Budget Cuts on Medical Leasing & Rental Sector

3. AN INSIGHT INTO MEDICAL EQUIPMENT RENTAL AND LEASING

Introduction
Equipment Leasing
Basis for Emergence of Medical Equipment Leasing
Following needs led to the emergence of different modes to acquire medical devices
Factors Influencing the Purchase or Leasing of Medical Equipment
Select Types of Equipment Financing and Leasing
Finance Lease
Operational Leasing
Capital Leases
Conditional Sales Agreement
Leveraged Leases
Tax-Oriented Leases
Tax-Exempt Leasing
Sale and Leaseback
Advantages of Medical Equipment Leasing
Tax Advantage
Maintenance of Capital Reserve
Flexibility
Latest Technology
Speedy Approval
Tax Liability
Easy Replacement

4. RECENT INDUSTRY ACTIVITY

Canon Acquires Toshiba Medical Finance
UHS Acquires Radiographic Equipment Services
US Med-Equip Expands Geographic Reach through HPES Acquisition
Vehicle and Equipment Leasing Limited Launches Healthcare Equipment Leasing Limited
Capital One Completes GE Healthcare Finance Acquisition

5. FOCUS ON SELECT MARKET PLAYERS

Agfa Finance Corp. (USA)
Direct Capital Corp. (USA)
De Lage Landen International B. V. (The Netherlands)
GE Industrial Finance (USA)
Hill-Rom Holdings, Inc. (USA)
IBJ Leasing Company Ltd. (Japan)
National Technology Leasing Corp. (USA)
Oak Leasing Limited (UK)
Prudential Leasing, Inc. (USA)
Rotech Healthcare, Inc. (USA)
Siemens Financial Services GmbH (Germany)
Stryker Corporation (USA)
Universal Hospital Services, Inc. (USA)

6. GLOBAL MARKET PERSPECTIVE

Table 6. World Recent Past, Current & Future Analysis for Medical Equipment Rental & Leasing by Geographic Region - US, Japan, Europe, and Rest of World Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 7. World Historic Review for Medical Equipment Rental & Leasing by Geographic Region - US, Japan, Europe, and Rest of World Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 8. World 14-Year Perspective for Medical Equipment Rental & Leasing by Geographic Region - Percentage Breakdown of Dollar Revenues for US, Japan, Europe, and Rest of World Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
US Medical Equipment Leasing Market Overview
Competition
Obamacare and Increased Competition among Healthcare Providers Bode Well for the Market
Ageing Demographics: A Key Market Driver

Table 9. North American Elderly Population by Age Group: 1975-2050 (includes corresponding Graph/Chart)

Major Trends
Medical Imaging – One of the Key Segments for Rental and Leasing Industry

Table 10. The US Medical Equipment Leasing by Type: 2016 (includes corresponding Graph/Chart)

Government Tax Incentives Stimulates Medical Equipment Purchases
Operating Lease Popular during Recession
Predominance of Corporate Ownership Continues

Table 11. The US Medical Equipment Leasing & Rental Businesses by Leading States (2016): Percentage Breakdown of Number of Companies located in Texas, Florida, California, and Others (includes corresponding Graph/Chart)

Table 12. The US Medical Equipment Leasing & Rental Businesses by Type of Ownership (2016): Percentage Breakdown of Number of Companies owned by Corporations, Sole Proprietorships and Partnership Firms (includes corresponding Graph/Chart)

Strategic Corporate Developments
Select Key Players
B. Market Analytics

Table 13. The US Recent Past, Current & Future Analysis for Medical Equipment Rental & Leasing Market Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 14. The US Historic Review for Medical Equipment Rental & Leasing Market Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

2. JAPAN

A. Market Analysis
Current and Future Analysis
Aging Population Drives Medical Equipment Demand

Table 15. Japanese Elderly (65+ Years) Population: 2000-2020 (includes corresponding Graph/Chart)

Strategic Corporate Development
IBJ Leasing Company Ltd. – A Key Player
B. Market Analytics

Table 16. Japanese Recent Past, Current & Future Analysis for Medical Equipment Rental & Leasing Market Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 17. Japanese Historic Review for Medical Equipment Rental & Leasing Market Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

3. EUROPE

A. Market Analysis
Current and Future Analysis
Market Trends
Medical Equipment Leasing on the Rise in Western Europe
Opportunities Abound for Leasing Patient Monitoring Equipment
Ageing Population Boosts Demand

Table 18. European Country-wise Statistics of 60+ Population as % of Total Population (includes corresponding Graph/Chart)

Focus on Key Regional Markets
France
Germany
The United Kingdom
Spain
Russia
Turkey
Poland
Select Players
B. Market Analytics

Table 19. European Recent Past, Current & Future Analysis for Medical Equipment Rental & Leasing Market Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 20. European Historic Review for Medical Equipment Rental & Leasing Market Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

4. REST OF WORLD

A. Market Analysis
Current and Future Analysis
India & China Offer Significant Growth Opportunities

Table 21. China and India Lead Global Population: Table Depicting China and India’s Huge Population vis-a-vis Other Countries’ Population (in Million) by Age Group (includes corresponding Graph/Chart)

Home and Senior Healthcare Offer Abundant Opportunities
Focus on Key Regional Markets
China
India

Table 22. Indian Healthcare Market (2014): Breakdown of Number of Hospitals Owned by Government, Charitable Institutions and Private Firms (includes corresponding Graph/Chart)

The Middle East
Strategic Corporate Development
B. Market Analytics

Table 23. Rest of World Recent Past, Current & Future Analysis for Medical Equipment Rental & Leasing Market Analyzed with Annual Revenue Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 24. Rest of World Historic Review for Medical Equipment Rental & Leasing Market Analyzed with Annual Revenue Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 93 (including Divisions/Subsidiaries - 94)
The United States (72)
Canada (2)
Japan (5)
Europe (11)
  Germany (1)
  The United Kingdom (9)
  Rest of Europe (1)
Asia-Pacific (Excluding Japan) (2)
Middle East (1)
Africa (1)