San Jose, California (PRWEB) April 27, 2012

Follow us on LinkedIn The dynamic changes in the lead team for the medical industry for regular and frequent upgradation of technology, resulting in the emergence of medical equipment costly, especially imaging equipment. With unpredictable economic conditions facing the healthcare industry, the health service more and equipment suppliers are turning to leasing of equipment and medical devices. Rental and leasing of medical devices is being achieved in the health sector, rejecting the traditional loan and credit purchase system. Rental and leasing of medical equipment is a quick and economical solution for hospitals, blood banks, reference laboratories, nursing homes, medical offices and clinics that are limited by tight budgets. The leasing of medical equipment for hospitals and clinics offer tax benefits along with cash flow preservation. The medical equipment includes X-ray machines usually rented, ultrasound systems, patient monitoring equipment and laboratory equipment.

The economic downturn has seriously affected the capital budgets of several health centers and hospitals, where the need to acquire new equipment continues to provide better patient care and survive the competition. As a result, many hospitals began to adopt the operating lease agreements, in an attempt to make any acquisitions out of balance. The operating leases with liquidity problems allow hospitals and health centers to purchase new equipment, without waiting for the moment that the capital budget would be substantial enough to make these purchases. In addition to renewed interest in operating leases, customers increasingly showed inclination toward the grouping of products during the recession. The hospital started buying all aspects of a system, including equipment, software, financial services and a single source. This not only increases efficiency but also reduces hospital costs. Hospitals sought under the lease agreements with large packages, as was shown inclination to continue the diversification of funding sources.

leasing medical equipment is a complex global market, and market penetration varies from region wise. Europe represents the leading regional market for medical equipment rental and leasing worldwide, as shown in the new market research report on your medical equipment rental and leasing. Leasing is growing as the preferred alternative method for financing medical technology in countries like France, Germany and the UK, due to budgetary constraints faced by most hospitals in Europe. In addition, the region of western Europe has seen an increase in the incidence of chronic diseases, as well as an increasing aging population. These patients are required to periodically monitor various vital parameters for the management of their health, thus creating a demand for patient monitoring devices in recent years. As such, the increased demand for equipment in hospitals and in home care settings, providing ample market opportunities for leasing of medical equipment industry.

Moreover, emerging markets in the Asia-Pacific, including India, are an emerging market for the leasing of medical equipment. Medical equipment rental accounts for about 2% of the medical equipment market in China, estimated at tens of millions of dollars. This means a much lower penetration of leased equipment in the market and also a large potential Chinese market has to offer equipment for rent. Meanwhile, the U.S. market for medical equipment leasing experienced significant growth in recent years and is currently characterized by 35% to 40% of medical equipment in the U.S. market that s’arrenda. With nearly three quarters of U.S. companies lease some of their equipment, medical equipment leasing sector remained relatively stable, despite the onslaught of the global economic crisis.

major players profiled in the report include access to equipment leasing, Agfa Finance Group, Baxter Credit and Leasing Services, Direct Capital Corp., Elekta Group (Sweden), GE Healthcare Financial Services, Hill-Rom Holdings Inc., ibj Leasing Company Ltd, IBM Global Financing, National Technology Leasing Corp., Olympus America Inc., Philips Medical Capital, Inc. Prudential Leasing, Resource Diversified Services, Inc., Siemens Financial Services, Stryker Corp., among others.

research report entitled Medical Equipment Rental and Leasing: A Global Strategic Business Report Global Industry Analysts announced, Inc., provides a comprehensive review of the medical equipment rental and leasing markets, current market trends , key factors for growth, vision in a global leasing industry, recent industry activity, and profiles of major / niche global and regional market participants. The report provides annual sales estimates and projections for medical equipment rental and leasing market for the years 2009 to 2017 for the following geographic markets – U.S., Japan, Europe and elsewhere. In addition, a child of six years (2003-2008) historical analysis is provided for an additional perspective.

For more details on this global market research report, please visit
http://www.strategyr.com/Medical_Equipment_Rental_and_Leasing_Market_Report.asp

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