Global Equipment as a Service in Healthcare Market

Global Equipment as a Service in Healthcare Market Size, Trends & Analysis - Forecasts to 2026 By Device Type (Imaging Equipment [CT, MRI, Digital X-Ray, Ultrasound, Others], Electro-medical Equipment, Endoscopic Devices, Surgical Instruments, Other Medical Equipment), By End Users (Hospitals, Diagnosis Centers, Research Institutes, Testing Laboratories), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & -Competitor Analysis

Category Healthcare
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This report was recently updated on February 19 2024 with the latest and most recent market numbers

Equipment as a Service In Healthcare Market Insights

The global equipment as a service in healthcare market is estimated to witness a high CAGR during the forecast period (2019-2026). Equipment-as-a-Service is an act of renting machinery to manufacturers and periodically collecting payments on a usage basis. This model of business serves as a win-win situation to both manufacturers and customers since manufacturer can sell more equipment’s and make customers happier with variable installments. Adoption of equipment as a service will offer many advantages to manufacturers such as diversifying business model, increase in aftermarket service, increase customer retention and life time value, and developing strong customer relationships among others. Growing demand for medical equipment from the healthcare end users is driving the market growth. High cost of advanced medical equipment’s such as CT, MRI, ultrasound, and digital X-ray equipment’s is driving the market for equipment as a service in healthcare market.

Equipment as a Service In Healthcare Market: By Device Type

On the basis of device type, the global equipment as a service in healthcare market is segmented into imaging equipment, electro-medical equipment, endoscopic devices, and surgical instruments among others. The imaging equipment is expected to hold the largest market share during the forecast period. Imaging equipment is further segmented into CT scanning equipment, MRI scanning equipment, digital X-ray equipment and ultrasound equipment among others. Imaging equipment’s are used for performing various body tests such as body scanning, and brain scanning among others. Imaging equipment is also used to see how well body is responding to a treatment for an illness or a fracture. These are some of the major factors expected to drive the market for imaging equipment.

Equipment as a Service In Healthcare Market: By End User

On the basis of end user, the market is segmented into hospitals, diagnosis centers, research institutes, and testing laboratories among others. Hospitals segment is expected to hold a significant market share during the forecast period. Growing number of hospitals along with favorable government policies is driving the market for hospitals segment. According to the data published by American Hospital Association in 2020, there are more than 6000 hospitals in the United States. The high cost of medical equipment is leading to adopt equipment as a service among hospitals and other healthcare related clinics.

Equipment as a Service in Healthcare Market

Equipment as a Service In Healthcare Market: By Region

North America region is expected to hold the largest market share in the equipment as a service in healthcare market during the forecast period. The growing aging population, rising incidence of lifestyle-related diseases, and access to quality healthcare are some of the major factors driving the market growth during the forecast period.  Presence well-established healthcare infrastructure, high adoption of advanced technology, and the presence of prominent players are expected to propel the market growth in the region.  Asia Pacific region is expected to grow at a significant CAGR during the forecast period. Presence of developing nations such as China, India, Japan, and Singapore among others is driving the market growth. Growing healthcare expenditure in the region is also driving the market growth in Asia Pacific.

Equipment as a Service In Healthcare Market: End Use Landscape

The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase. The key end-users of the markets are Cleveland Clinic, Singapore General Hospital, Johns Hopkins Hospital and Mayo Clinic among others.

Equipment as a Service In Healthcare Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the Equipment as a Service In Healthcare market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

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Equipment-as-a-Service in healthcare Market: By Device Type

  1. Introduction   
    1. Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)       
  2. Imaging Equipment    
    1. Imaging Equipment: Equipment-as-a-Service in healthcare Market, 2018-2026 (USD Million) 
  3. Electro-medical Equipment    
    1. Electro-medical Equipment: Equipment-as-a-Service in healthcare Market, 2018-2026 (USD Million)
  4. Endoscopic Devices   
    1. Endoscopic Devices: Equipment-as-a-Service in healthcare Market, 2018-2026 (USD Million)
  5. Surgical Instruments 
    1. Surgical Instruments: Equipment-as-a-Service in healthcare Market, 2018-2026 (USD Million)
  6. Other Medical Equipment      
    1. Other Medical Equipment: Equipment-as-a-Service in healthcare Market, 2018-2026 (USD Million)

Equipment-as-a-Service in healthcare Market: By End Users

  1. Introduction   
    1. Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)          
  2. Hospitals       
    1. Hospitals: Equipment-as-a-Service in healthcare Market, 2018-2026 (USD Million)    
  3. Diagnosis Centers     
    1. Diagnosis Centers: Equipment-as-a-Service in healthcare Market, 2018-2026 (USD Million)
  4. Research Institutes   
    1. Research Institutes: Equipment-as-a-Service in healthcare Market, 2018-2026 (USD Million)
  5. Testing Laboratories  
    1. Testing Laboratories: Equipment-as-a-Service in healthcare Market, 2018-2026 (USD Million)

Equipment-as-a-Service in healthcare Market: By Region

  1. Introduction   
    1. Global Equipment-as-a-Service in healthcare Market, By Region, 2018-2026 (USD Million)    
  2. North America
    1. By Device Type
      1. North America Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)           
    2. BY End Users  
      1. North America Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)           
    3. By Country      
      1. U.S      
        1. By Device Type
          1. U.S Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)        
        2. BY End Users  
          1. U.S Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)        
      2. Canada
        1. By Device Type
          1. Canada Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)          
        2. BY End Users  
          1. Canada Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)        
      3. Mexico
        1. By Device Type
          1. Mexico Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)          
        2. BY End Users  
          1. Mexico Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)        
  3. Europe           
    1. By Device Type
      1. Europe Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)       
    2. BY End Users  
      1. Europe Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)       
    3. By Country      
      1. Germany         
        1. By Device Type
          1. Germany Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)          
        2. BY End Users  
          1. Germany Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)          
      2. UK       
        1. By Device Type
          1. UK Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)        
        2. BY End Users  
          1. UK Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)        
      3. France
        1. By Device Type
          1. France Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)          
        2. BY End Users  
          1. France Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)                    
      4. Italy     
        1. By Device Type
          1. Italy Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)        
        2. BY End Users  
          1. Italy Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)        
      5. Spain              
        1. By Device Type
          1. Spain Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)        
        2. BY End Users  
          1. Spain Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)        
      6. Rest Of Europe
        1. By Device Type
          1. Rest Of Europe Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million) 
        2. BY End Users  
          1. Rest Of Europe Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)
  4. Asia Pacific    
    1. By Device Type
      1. Asia Pacific Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)           
      2. BY End Users  
        1. Asia Pacific Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)    
      3. By Country      
        1. China  
          1. Type    
            1. China Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)
          2. BY End Users  
            1. China Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)
        2. Japan  
          1. By Device Type
            1. Japan Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)
          2. BY End Users  
            1. Japan Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)
        3. India   
          1. By Device Type
            1. India Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)
          2. BY End Users  
            1. India Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)
        4. Australia         
          1. By Device Type
            1. Australia Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)  
          2. BY End Users  
            1. Australia Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)              
        5. South Korea   
          1. By Device Type
            1. South Korea Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)  
          2. BY End Users  
            1. South Korea Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)  
        6. Rest of APAC   
          1. By Device Type
            1. Rest of APAC Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)  
          2. BY End Users  
            1. Rest of APAC Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)
  5. Middle East & Africa  
    1. By Device Type
      1. Middle East & Africa Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million) 
    2. BY End Users  
      1. Middle East & Africa Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million) 
    3. By Country      
      1. Saudi Arabia   
        1. By Device Type
          1. Saudi Arabia Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)          
        2. BY End Users  
          1. Saudi Arabia Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)          
      2. UAE     
        1. By Device Type
          1. UAE Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)        
        2. BY End Users  
          1. UAE Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)        
  6. Central & South America       
    1. By Device Type
      1. Central & South America Equipment-as-a-Service in healthcare Market, By Device Type, 2018-2026 (USD Million)   
    2. BY End Users  
      1. Central & South America Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)   
    3. By Country      
      1. Brazil   
        1. BY End Users  
          1. Brazil Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)        
        2. BY End Users  
          1. Brazil Equipment-as-a-Service in healthcare Market, BY End Users, 2018-2026 (USD Million)      

Equipment as a Service in Healthcare Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Equipment as a Service in Healthcare Market.

Equipment as a Service in Healthcare Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Equipment as a Service in Healthcare Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Equipment as a Service in Healthcare Market

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