Medical Equipment Financing Market Size, Share & Industry Analysis, By Device Type (Diagnostic Equipment, Therapeutic Equipment, Patient Monitoring Equipment, and Others), By End User (Hospitals & Clinics, Laboratories and Diagnostic Centers, and Others), and Regional Forecast, 2020-2027 (Includes COVID-19 Business Impact)

                                          
We have updated Medical Equipment Financing Market with respect to COVID-19 Business Impact.
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This report focuses on the Medical Equipment Financing market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Medical Equipment Financing market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Medical Equipment Financing Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Medical Equipment Financing Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Medical Equipment Financing Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Emergence of Several Equipment Finance Players has led to a Fragmented Market
This market witnesses the presence of many players. Vendors such as National Funding, Hero FinCorp among others have successfully established their position through various acquisitions, affordable financial solutions, and excellent customer-provider relationships. These industry players have a well-built portfolio for the medical practitioners having varied loan options and low monthly installments. They finance medical equipment such as CT/MRI scans, ultrasound systems, dental chairs, X-ray machines, pharmaceutical equipment, and many more. The varied array of their portfolio has led hospitals, diagnostic centers to acquire reliable loans from these finance companies. Moreover, provision for customized loan options and availability of financing for advanced technologies has brought up more customers to the companies thus attracting high market revenue in the near future.

LIST OF KEY COMPANIES PROFILED:

  
Hero FinCorp
  
National Funding
  
Blue Bridge Financial, LLC.
  
First American Equipment Finance
  
TIAA Bank
  
HDFC Bank Ltd
  
SMC Finance
  
Other Prominent Players

KEY INDUSTRY DEVELOPMENTS:

April 2019 -I&M bank of Kenya, announced the launch of medical equipment financing solution for the healthcare industry. The solution will cover a range of equipment such as X-ray machines, dialysis, ICU equipments, ultrasound machines and many more.

November 2018 -TIAA Bank acquired USD 1.5 billion portfolio of GE Capitals Healthcare Finance (HEF) business. This acquisition helped in expanding the TIAA banks financial solutions to clients. The acquired portfolio includes loans to hospitals, physicians, diagnostic and imaging centers across U.S.

REPORT COVERAGE

The global medical equipment financing market report provides a detailed analysis of the market and focuses on key aspects such as leading key players, financing types, and leading applications of the types. Besides this, the report offers insights into the market, current market trends, and highlights the key industry developments. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth of the market over the recent years. It further highlights some of the growth-stimulating factors and restraints, helping the reader to gain an in-depth knowledge about the market.

Report Scope & Segmentation

Segmentation

By Device Type

  
Diagnostic Equipment
  
Therapeutic Equipment
  
Patient Monitoring Equipment
  
Others

By End User

  
Hospitals & Clinics
  
Laboratories & Diagnostic Centers
  
Others

By Geography

  
North America (the U.S. and Canada)
  
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)
  
Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia- Pacific)
  
Latin America (Brazil, Mexico, and the Rest of Latin America)
  
Middle East & Africa (South Africa, GCC and the Rest of the Middle East & Africa)