Last updated: November 8, 2026
Medical equipment financing, by the numbers
Market size, growth, lease mix, equipment costs, and the manufacturers whose finance arms fund the machines — from published sources.
Three different kinds of number sit behind this name, and they must not be mixed. The first kind measures the financing pool: the size of the medical equipment financing market, counted by research firms with different scopes. The second kind measures the propensity to finance: how often American healthcare actually borrows to buy equipment, and in what form. The third kind measures the price of the machines themselves: what a scanner, a CT, or an X-ray room costs, new and refurbished. The first kind tells a reader how much financing is at stake. The second tells a reader how the borrowing happens. The third tells a reader why the borrowing is necessary at all.
What the latest numbers show is a market growing on every axis at once: the financing pool is projected to roughly double by the early 2030s, medical equipment is the most financed equipment type in the United States, and the machines themselves keep getting more expensive — while refurbished and pay-per-use models grow faster than the market as a whole.
The figures
| Figure | Value | Trend vs prior period | Source |
|---|---|---|---|
| Global medical equipment financing market, 2025–2026 | $191.6 billion in 2025 (Growth Market Reports); $195 billion in 2025 (Contrive Datum Insights); $149.7 billion in 2025 (Verified Market Research); $201.18 billion in 2026 (Mordor Intelligence) | ▲ Up Prior: $184.6 billion in 2024 on the Contrive Datum scope; $145.8 billion in 2020. Scope differs by publisher, so the range is shown, not a single figure | Growth Market Reports; Contrive Datum Insights; Verified Market Research; Mordor Intelligence |
| Global medical equipment financing market, forecast | $362.4 billion by 2034 (Growth Market Reports); $401.44 billion by 2034 (Contrive Datum); $275.2 billion by 2033 (Verified Market Research); $302.35 billion by 2031 (Mordor) | ▲ Up Compound annual growth 7.1% (Verified Market Research, Reanin) to 8.5% (Contrive Datum, Mordor 8.49%), depending on scope and forecast window | Growth Market Reports; Contrive Datum Insights; Verified Market Research; Mordor Intelligence |
| Diagnostics equipment share, 2025 | $62.4 billion; largest equipment line | ● Baseline Diagnostics stays the largest line through 2034, reaching $120.43 billion on the Contrive Datum scope; patient monitoring grows fastest at 9.65% | Contrive Datum Insights |
| North America share, 2025 | 38% of global revenue | ● Baseline Largest region on the Contrive Datum scope; Asia-Pacific the fastest-growing region in the broader healthcare finance market at 10.24% a year | Contrive Datum Insights |
| U.S. equipment finance industry, 2025 | $1.51 trillion; 55.2% of $2.7 trillion invested in equipment and software was financed | ▲ Up Prior: industry grew 8.7% in nominal terms since 2024; equipment and software investment up 10% in 2025 | Equipment Leasing & Finance Association, Industry Horizon Report 2026–2027 (October 26, 2026) |
| Medical equipment propensity to finance, United States, 2025 | 82% of medical equipment acquisitions financed — highest of any equipment type | ● Baseline Next highest: automobiles 77%, agricultural 73%, construction 70%; healthcare the industry most likely to finance, at 80% of end-users | Equipment Leasing & Finance Association, Industry Horizon Report 2026–2027 |
| Financing mix, United States, 2025 | 23% of equipment and software acquisitions leased; 14% lines of credit; 13% secured loans; 8% unsecured loans | ● Baseline Operating leases held 41.54% of the global medical equipment financing market in 2025 (Mordor); pay-per-use subscriptions growing at 12.77% a year through 2031 | Equipment Leasing & Finance Association; Mordor Intelligence |
| New 3T MRI scanner, 2026 | $2.1 million to $3.7 million, all-in | ▲ Up Prior: refurbished 3T $1.0–$1.9 million; new 1.5T MRI $1.2–$2.0 million; refurbished 1.5T $475,000–$975,000 | Medical Outfitters, Radiology Machine Cost by Modality: 2026 Price Table |
| MRI suite construction (excluding scanner), 2026 | $500,000 to $2,000,000 or more; all-in 3T suite $3–$6 million over 9–15 months | ● Baseline Site preparation is frequently larger than the scanner's own price band; a new 64-slice CT runs $625,000–$975,000, refurbished $175,000–$375,000 | Five West Financial, MRI, CT & X-Ray Machine Costs in 2026; Medical Outfitters |
| Refurbished equipment savings, 2026 | 40% to 60% below new on most modalities | ▲ Up Certified pre-owned expanding at 11.43% a year; refurbished equipment growing at 12.48% a year on the Contrive Datum scope, vs 6.72% for new | Medical Outfitters; Mordor Intelligence; Contrive Datum Insights |
| GE HealthCare revenue, 2025 | $20.6 billion, up 4.8% from $19.6 billion in 2024; imaging $9.25 billion | ▲ Up Prior: $19.6 billion in 2024, $19.55 billion in 2023; imaging $8.86 billion in 2024 | Medical Device Network, GE HealthCare FY25 results (February 4, 2026) |
| Siemens Healthineers revenue, fiscal 2024 | €21.68 billion; imaging €11.84 billion, up 9% year over year | ▲ Up Imaging the largest segment; Siemens' €40 million St. Vincent's Private Hospital agreement, August 2024, bundled installation, maintenance, and refreshes into one payment stream | Axis Intelligence, AI Medical Imaging Showdown 2025; Mordor Intelligence |
| Stryker revenue, 2024–2025 | $22.6 billion in 2024; $25.12 billion in 2025, up 11.2% | ▲ Up MedSurg and Neurotechnology segment $15.65 billion in 2025, up from $13.52 billion in 2024 | MarketCapOf, Stryker revenue (company filings) |
| BHG Financial, healthcare lending | $28 billion+ funded across 257,000+ customers; business loans up to $500,000, terms up to 12 years | ▲ Up Founded 2001 as Bankers Healthcare Group; approval in as little as 24 hours, funding in 3–5 days; $10B+ in healthcare loans, 80,000+ professionals financed | National Business Capital, Top Medical Equipment Financing Companies [2026]; National Business Capital, Top Medical Practice Financing Companies [2026] |
| National Business Capital, equipment financing | Up to $15 million; $3 billion+ deployed over 18 years | ● Baseline Qualifying businesses: 1+ year in operation, $500,000+ annual revenue, FICO 600+; financing range $250,000–$15 million | National Business Capital, Top Medical Equipment Financing Companies [2026] |
| Healthcare finance solutions market, 2025 | $164.67 billion in 2025; $285.14 billion by 2035, CAGR 8.21% | ▲ Up Diagnostic and imaging equipment 36.14% share in 2025; U.S. market $69.16 billion in 2025, $119.76 billion by 2035 | SNS Insider via OrthoSpineNews (March 26, 2026) |
How to read these numbers
Included: published medical equipment financing market sizes and forecasts, with the publisher's scope stated wherever estimates differ; the Equipment Leasing & Finance Association's U.S. financing propensity and mix figures; published 2026 equipment price bands for MRI and CT, new and refurbished; and the reported revenues of GE HealthCare, Siemens Healthineers, and Stryker, with the specialty lenders' published funding figures. Excluded: any single market-size headline presented without its scope or publisher; undated practitioner claims presented as dated figures; and any blending of the financing market with the underlying equipment market, which describe different things.
Published market-size estimates differ by scope — some count loans and leases only, others include lines of credit, pay-per-use, and refurbished equipment — so the range is shown wherever publishers disagree, and no single figure is presented as the only measure. Forecasts are labeled as forecasts, not actuals. Equipment prices are planning ranges from dealer cost guides, not quotes, and exclude siting unless stated. Lender funding totals are the lenders' own published figures as reported by the comparison sources cited.
Disclaimer: Figures on this page are aggregated public estimates assembled for information only. They are not investment advice, legal advice, or a professional opinion on any specific case, claim, project, or purchase. Original reporting and the underlying surveys remain the work of the sources linked above; this page summarizes their published figures with attribution and adds no proprietary dataset.
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Changelog
- November 8, 2026: Initial edition — medical equipment financing market sizes and forecasts, ELFA financing propensity and mix, MRI and CT price bands, OEM revenues, and specialty-lender funding figures established.