The demand for healthcare services is rising across the world, fueling the requirement for up-to-date medical equipment. This is, however, exerting considerable financial strain on the European healthcare systems, according to a report issued by Siemens Financial Services (SFS).

The report’s authors state that UK healthcare organizations will need to invest about $471 million between 2013 and 2015 to replace diagnostic imaging equipment older than 10 years. The capital expenditure required for these essential replacements is even higher for Spain and France, totaling $590 million and $598 million, respectively.
 
As public finance continues to be stretched by austerity measures and efficiency policies, healthcare organizations need to find ways of accessing efficient and available finance to fund medical equipment upgrades and renewals.