South Korea Healthcare Equipment Leasing Market Insight
Published: 31 July 2026 | Report Format: Electronic (PDF) | Author: Komal and Radhika
South Korea Healthcare Equipment Leasing Market With a projected compound annual growth rate (CAGR) of 6.44% from 2025-2035, the South Korean healthcare equipment leasing market is propelled by rising medical equipment costs and expanding demand for cutting-edge products.
South Korea Healthcare Equipment Leasing Market Insights Forecasts to 2035
- The South Korea Healthcare Equipment Leasing Market Size Was Estimated USD 894.6 Million in 2025
- The Market Size is Expected to Grow at a CAGR of around 6.44% from 2025 to 2035
- The South Korea Healthcare Equipment Leasing Market Size is Expected to rise around USD 1670.5 Million by 2035
Notable Insights for the South Korea Healthcare Equipment Leasing Market
- According to product segmentation, durable medical equipment dominated the South Korean market in 2023 and was the highest revenue-generating segment.
- Surgical equipment is the most profitable product category based on application segmentation, with the highest increase during the predicted period in South Korea.
- The Medical Device Act, which shortens the time it takes to enter the innovative medical device market from 490 days to 140 days, requires leasing companies to register with local authorities, according to data from the South Korean government.
- The durable medical equipment rental segment generated USD 270.5 million in 2021, and South Korea accounted for 2.2% of the worldwide medical equipment rental market revenue in 2023.
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What Makes Decisions Advisors Research Unique?
- AI-Driven Healthcare Equipment Leasing Analytics Insights
Decisions Advisors offers innovative AI-driven research on leasing technology for medical equipment and healthcare asset management services in the South Korea Healthcare Equipment Leasing Market. The growth opportunities for hospitals, clinics, home care, and diagnostic centers in South Korea are determined through this analysis.
- Robust Research Methodology with Accurate Forecasting Models
This research involves interviewing participants such as the healthcare equipment lessors, hospitals, hospital administrators, leasing companies, and healthcare finance experts, together with secondary sources of information through healthcare databases, regulations, journals, and leasing industry reports. This approach is vital for providing an accurate estimate of the South Korea healthcare equipment leasing market.
- Comprehensive Competitive and Ecosystem Analysis
The research analyses leading suppliers in the areas of leasing services of healthcare equipment, financial services for medical devices, as well as renting of equipment. The research offers comprehensive insight into the factors that affect the South Korea healthcare equipment leasing market through competitive positioning, innovation in leasing, partnerships, and other opportunities.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea healthcare equipment leasing market, along with a comparative evaluation primarily based on their product of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Top Companies in South Korea Healthcare Equipment Leasing Market
- KDB Capital Corp.
- GE Capital Korea
- LAMEDITECH Co., Ltd.
- DAIHAN SCIENTIFIC Co., Ltd.
- Solborn, Inc.
- Body Cherish
- Olympus Korea
- Korea Rental Corporation
- Ajoo Rental
- KT Rental
Recent Developments:
- In March 2025, leasing packages for medical equipment were introduced to facilitate the purchase of sophisticated imaging, monitoring, and clinical laboratory systems.
- In August 2025, worked with local hospitals to increase the availability of laser-based medical devices and cosmetic treatment equipment for rental.
Market Segmentation:
South Korea Healthcare Equipment Leasing Market, By Product Type
- Durable Medical Equipment
- Surgical Equipment
- Personal Mobility Devices
- Electronic Equipment
- Storage and Transport Devices
South Korea Healthcare Equipment Leasing Market, By End-User
- Hospitals
- Home Care Settings
- Institutes and Laboratories
South Korea Healthcare Equipment Leasing Market, By Application Area
- Acute Care
- Long-term Care
- Emergency/Trauma Care
Expert Views:
The South Korea healthcare equipment leasing market will keep on growing until 2035. This is because people want to use medical equipment. The cost of this equipment is very high, so people are looking for ways to save money. The government is also helping by making rules that support this way of paying. All these things will help healthcare providers work better and give patients care. The South Korea healthcare equipment leasing market is really going to benefit from this.
Author: Komal and Radhika By Decisions Advisors and Consulting