Global Medical Equipment Financing Market, By Equipment Type, By Type, By End User, By Geography

Description

Global medical equipment financing market is estimated to be valued at USD 173.69 Bn in 2024 and is expected to reach USD 275.90 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 173.69 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	6.80%	2031 Value Projection:	US$ 275.90 Bn

Figure 1. Global Medical Equipment Financing Market Share (%), By Region, 2024

Global Medical Equipment Financing Market - IMG1

Global medical equipment financing market has witnessed steady growth globally over the past few decades. With increasing costs of advanced medical technology and equipment, healthcare providers worldwide are relying more on financing options to obtain the latest tools for diagnostic, surgical and patient monitoring needs. Medical equipment financing allows hospitals, clinics and physicians to distribute equipment costs over time through leases or loans, thus, freeing up capital for other operational expenses. Financing new medical technologies can improve patient care through better diagnosis and treatment while easing budgetary pressures faced by healthcare organizations.

Market Dynamics:

Global medical equipment financing market growth is driven by rising need for medical facilities to upgrade their existing equipment and technologies. Growing demand for minimally invasive surgical tools, robot-assisted surgery devices, imaging equipment and patient monitoring solutions boosts demand for financing options for medical device manufacturers as well as independent financing companies. However, stringent eligibility requirements and complex approval processes hampers the market growth. Favorable initiatives by governments worldwide to promote technology adoption in the healthcare sector is opening up opportunities for market players. As healthcare costs increases, medical equipment financing models that bundle equipment, service and maintenance are gaining traction.

Key Features of the Study:

This report provides in-depth analysis of the global medical equipment financing market, and provides market size (USD BN) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global medical equipment financing market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study includes First American Equipment Finance, Blue Bridge Financial, Inc., Charter capital, Med One, SMC Finance, Siemens Financial Services, First Capital, HDFC Bank, Terkar Capital, Bajaj Finserv, Clix Capital, IndusInd Bank, Piramal Finance, ICICI Bank, TIAA Bank, Wells Fargo, and SunTrust Banks
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global medical equipment financing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global medical equipment financing market

Detailed Segmentation-

Equipment Type:
- Imaging Devices
- Diagnostic Devices
- Surgical Devices
- Patient Monitoring Equipment
- Others
Type:
- Rental Equipment
- Refurbished Equipment
- New Medical Equipment
End User:
- Hospitals
- Diagnostic Laboratories
- Ambulatory Surgical Centres
- Others
Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles:
- First American Equipment Finance
- Blue Bridge Financial, Inc.
- Charter capital
- Med One
- SMC Finance
- Siemens Financial Services
- First Capital
- HDFC Bank
- Terkar Capital
- Bajaj Finserv
- Clix Capital
- IndusInd Bank
- Piramal Finance
- ICICI Bank
- TIAA Bank
- Wells Fargo
- SunTrust Banks

Product Code: CMI6842

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Equipment Type
- Market Snapshot, By Type
- Market Snapshot, By End User
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Impact Analysis
Market Trends
Recent Developments
Acquisitions and Partnerships Scenario
Technology Overview
Regulatory Scenario
Pricing Analysis
PEST Analysis

4. Global Medical Equipment Financing Market- Impact of Coronavirus (COVID-19) Pandemic

Overall Impact
Government Initiatives
COVID-19 Impact on the market

5. Global Medical Equipment Financing Market, By Equipment Type, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Imaging Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Diagnostic Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Surgical Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Patient Monitoring Equipment
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Medical Equipment Financing Market, By Type, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Rental Equipment
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Refurbished Equipment
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
New Medical Equipment
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Global Medical Equipment Financing Market, By End User, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Hospitals
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Diagnostic Laboratories
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Ambulatory Surgical Centres
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

8. Global Medical Equipment Financing Market, By Region, 2019 - 2031, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Regions, 2020-2031
- Regional Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- U.S.
- Canada
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- GCC
- Israel
- Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Equipment Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 - 2031, (USD Bn)
- North Africa
- Central Africa
- South Africa

9. Competitive Landscape

Company Profiles
- First American Equipment Finance*
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Blue Bridge Financial, Inc.
- Charter capital
- Med One
- SMC Finance
- Siemens Financial Services
- First Capital
- HDFC Bank
- Terkar Capital
- Bajaj Finserv
- Clix Capital
- IndusInd Bank
- Piramal Finance
- ICICI Bank
- TIAA Bank
- Wells Fargo
- SunTrust Banks

10. Analyst View

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. References and Research Methodology

References
Research Methodology
About us and Sales Contact