Global demand for medical equipment financing market was valued over USD 120 Billion in 2019 and is expected to reach close to USD 175 Billion in 2025, growing at a rate of around 6% between 2019 and 2025.
This report analyzes and estimates the medical equipment financing market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the medical equipment financing market drivers and restraints along with their impact analysis at a global level from 2015 to 2025.
The report covers an in-depth analysis of the strategies adopted by major competitors in the global medical equipment financing market. To understand the competitive landscape in the medical equipment financing market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the global medical equipment financing market based on type, equipment, end-user, and region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025.
Various innovative healthcare devices’ launches for effective diagnosis & treatment along with the continuous rise in the cost of medical equipment have been driving the global medical equipment financing market. Moreover, mounting chronic disease incidences have escalated the demand for advanced medical equipment to deliver efficient healthcare services to patients. The overstretched trade war between the two globally strongest economies, the U.S. and China, has augmented the prices of certain China-manufactured medical devices, thereby flourishing the global equipment financing market.
The global medical equipment financing market is segmented on the basis of type, equipment, end-user, and region. By type, the global industry is bifurcated into refurbished equipment, new medical equipment, and rental equipment. Based on the equipment, the global market is categorized into patient monitoring equipment, diagnostic equipment, laboratory equipment, therapeutic equipment, and medical furniture. By end-use, the sector is divided into hospitals, laboratories & diagnostic centers, clinics, ambulatory surgical centers (ASCs), and others. The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Some of the essential players flourishing the global medical equipment financing market, but not restricted to include National Funding, TIAA Bank, Amur Equipment Finance, JPMorgan Chase & Co., Truist Bank, Macquarie Group Limited, CMS Funding, Kabbage Inc., Bajaj Finserv, First American Healthcare Finance, SMC Finance, HDFC Bank, Société Générale S.A., and Toronto-Dominion Bank.
The global medical equipment financing market is segmented as:
Global Medical Equipment Financing Market: Type Segmentation Analysis
Global Medical Equipment Financing Market: Equipment Segmentation Analysis
Global Medical Equipment Financing Market: End-User Segmentation Analysis
Global Medical Equipment Financing Market: Regional Segmentation Analysis