Global Medical Equipment Rental Market Forecast, 2013 – 2019

Transparency Market Research Reports included a detailed market survey and analysis trends on "Medical Equipment Rental Market". This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure. Owing to rapid pace of technological developments and sophistication in the medical equipment industry results in availability of expensive medical devices especially the imaging devices. The overall healthcare industry is influenced by several factors such as increased life expectancy, consistent rise in geriatric population, escalating national healthcare spending and increased incidence of chronic disorders across the globe. Also, it is witnessing the widened horizons of private healthcare sector as against public healthcare sector. All these factors collectively results in increased need and demand for efficient medical equipment to facilitate effective diagnosis and treatments. Furthermore, due to these factors, the private and public healthcare organizations or healthcare service providers are under a constant pressure to match the pace of medical technologies and offer optimum treatment and care despite of budget constraints.

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Currently, the purchase of medical equipment loaded with novel technologies and features involves high costs and also due to rapid pace of technological developments render high degree of obsolescence to the medical devices and results in regular and expensive upgradation. Hence, with all these factors along with uncertain economic conditions across the globe, more and more medical equipment providers are opting for medical equipment leasing or procuring the equipment on rental basis. The rationale behind this is that it provides influential financial benefits as compared to traditional loan and credit purchase systems. Also, this system is supportive for several hospitals,...