The Global Medical Equipment Rental and Leasing Market was valued at USD 50.77 Billion in 2023 and is projected to reach USD 70.41 Billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.7% during the forecast period (2024-2032). This growth is driven by rising healthcare costs, the shift toward flexible capital expenditure models, and increasing demand for advanced medical technologies across hospitals, diagnostic centers, and home care settings.
As healthcare organizations seek cost-efficient alternatives to outright equipment purchases, the focus turns to leading rental and leasing providers enabling access to vital medical technologies. In this analysis, we profile the Top 10 Companies in the Medical Equipment Rental and Leasing Industry—financial service leaders delivering flexible acquisition solutions across diagnostic imaging, patient monitoring, and therapeutic equipment categories.
🔟 1. Agfa Finance Corp.
Headquarters: Ridgefield Park, New Jersey, USA
Key Offering: Radiology equipment financing solutions
This Agfa-Gevaert Group subsidiary specializes in medical imaging financing, providing customized leasing programs for digital radiography, MRI systems, and CT scanners across North American healthcare networks.
Market Coverage:
- Asset lifecycle management services
- Technology upgrade pathways
- Tax-advantaged lease structures
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9️⃣ 2. Direct Capital Corp.
Headquarters: Portsmouth, New Hampshire, USA
Key Offering: Small-medical practice equipment financing
This technology-driven lender provides expedited financing solutions for independent medical practices, with digital approval processes that deliver funding decisions within one business day.
Market Coverage:
- $5,000 – $250,000 financing range
- Specialized programs for dental/veterinary equipment
- Online application portal with real-time approvals
8️⃣ 3. De Lage Landen International B.V.
Headquarters: Eindhoven, Netherlands
Key Offering: Healthcare technology lifecycle financing
As a Rabobank subsidiary, DLL delivers comprehensive equipment financing programs for medical OEMs and healthcare providers across 30+ countries.
Market Coverage:
- Usage-based payment models
- Multi-asset portfolio management
- Technology obsolescence protection
7️⃣ 4. GE Industrial Finance
Headquarters: Norwalk, Connecticut, USA
Key Offering: Vendor financing for GE Healthcare technologies
GE Capital’s medical division provides tailored leasing solutions for the company’s diagnostic imaging, patient monitoring, and ultrasound equipment globally.
Market Coverage:
- Predictive maintenance packages
- Equipment-as-a-service options
- Try-before-buy programs
Download FREE Sample Report: Medical Equipment Rental and Leasing Market – View in Detailed Research Report
6️⃣ 5. Hill-Rom Holdings, Inc.
Headquarters: Chicago, Illinois, USA
Key Offering: Acute care equipment rentals
Now operating as part of Baxter International, Hill-Rom provides short-term rental solutions for hospital beds, patient lifts, and vital signs monitors during capacity surges or equipment upgrades.
Market Coverage:
- Emergency response programs
- Seasonal capacity solutions
- Capital equipment interim solutions
5️⃣ 6. IBJ Leasing Company Ltd.
Headquarters: Tokyo, Japan
Key Offering: Medical imaging leasing in Asia-Pacific
This premier Japanese lessor specializes in financing diagnostic equipment across hospitals and imaging centers throughout Asia’s rapidly developing healthcare markets.
Market Coverage:
- Regional regulatory expertise
- Technology migration services
- Localized tax structures
4️⃣ 7. National Technology Leasing Corp.
Headquarters: Tempe, Arizona, USA
Key Offering: Small-medium medical practice financing
NTLC has facilitated over $500 million in healthcare equipment financing, specializing in flexible plans for medical, dental, and veterinary practitioners.
Market Coverage:
- Equipment and software bundling
- Installation/training financing
- Fast credit decisions for independent providers
3️⃣ 8. Siemens Financial Services GmbH
Headquarters: Munich, Germany
Key Offering: Advanced medical technology financing
Siemens’ financial unit provides structured acquisition programs for healthcare providers adopting the company’s digital imaging, laboratory automation, and radiation therapy solutions.
Market Coverage:
- International leasing programs
- Technology refresh guarantees
- Performance-based payment models
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2️⃣ 9. Stryker Corporation
Headquarters: Kalamazoo, Michigan, USA
Key Offering: Surgical equipment financing
The medtech leader provides flexible acquisition pathways for its advanced surgical navigation, robotics, and orthopedic solutions through tailored financing programs.
Market Coverage:
- Procedure-based payment options
- Technology trade-in programs
- Surgeon training packages
1️⃣ 10. Universal Hospital Services, Inc.
Headquarters: Edina, Minnesota, USA
Key Offering: Comprehensive medical equipment management
Now operating as Agiliti Health, UHS maintains the largest independent medical equipment rental and lifecycle management platform in the U.S. healthcare market.
Market Coverage:
- 3,000+ hospital customers nationwide
- 1.5 million+ medical assets under management
- End-to-end equipment logistics
Get Full Report Here: Medical Equipment Rental and Leasing Market – View in Detailed Research Report
🏥 Outlook: The Evolution of Medical Equipment Financing
The medical equipment leasing sector is undergoing significant transformation as healthcare providers increasingly prioritize operational flexibility and technology access over ownership. Emerging financial models are reshaping capital equipment acquisition strategies across care delivery organizations.
📈 Key Market Trends:
- Accelerating adoption of pay-per-use models for high-value systems
- Integration of technology service packages with financing solutions
- Expanding blockchain applications for multi-site asset tracking
- Growing preference for operating leases among community hospitals
Market Segmentation Insights
- By Product: Imaging equipment represents 42% of leasing volume, followed by patient monitors (28%) and surgical equipment (19%)
- By Customer: Hospitals account for 68% of market share, though home healthcare providers show the fastest growth at 7.2% CAGR
- By Region: North America leads with 41% market share, while Asia-Pacific grows at 5.8% annually
The companies profiled above represent financial service innovators enabling healthcare providers to access advanced medical technologies while optimizing capital allocation and mitigating technology risk.