Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 186.52 Billion | USD 380.87 Billion | 7.4% | 2024 |
FrequentlyAsked Questions
With the growth in medical technology along with the growing population and the subsequent rise in the number of medical conditions being treated, the requirement for state-of-the-art and highly advanced medical equipment is at an all-time high.
The global medical equipment financing market is expected to grow due to rising healthcare infrastructure investments, high cost of medical devices, and increasing adoption of leasing and financing options by hospitals and clinics.
According to a study, the global medical equipment financing market size was worth around USD 186.52 Billion in 2024 and is expected to reach USD 380.87 Billion by 2034.
The global medical equipment financing market is expected to grow at a CAGR of 7.4% during the forecast period.
North America is expected to dominate the medical equipment financing market over the forecast period.
Leading players in the global medical equipment financing market include First American Equipment Finance, Hero FinCorp, SLR Healthcare ABL, JPMorgan Chase & Co., National Funding, Siemens Financial Services, Inc., Blue Bridge Financial, LLC, Truist Bank, SMC Finance, HDFC Bank, TIAA Bank, and Macquarie Group Limited., among others.
The report explores crucial aspects of the medical equipment financing market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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