Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

iCrowdNewswire Sep 21, 2020 8:00 PM ET

Medical Equipment Financing Market Will Probably Hit Revenue Of USD 175 Billion In 2025 - ZMR


iCrowd Newswire - Sep 21, 2020

Zion Market Research has published a new report titled “Global Medical Equipment Financing Market – By Type (Refurbished Equipment, New Medical Equipment, and Rental Equipment), By Equipment (Patient Monitoring Equipment, Diagnostic Equipment, Laboratory Equipment, Therapeutic Equipment, and Medical Furniture), By End-Use [Hospitals, Laboratories & Diagnostic Centers, Clinics, Ambulatory Surgical Centers (ASCs), and Others], And By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” According to the report, 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.

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.

Under the type segmentation, “new medical equipment” category dominates the global medical equipment financing market

The “new medical equipment” category witnessed to generate maximum revenue compared to other categories under the type segmentation. The category is likely to attain the foremost position in the global market throughout the forecast period and will probably generate over USD 100 billion in revenue in the year 2025. The leading cause behind the anticipated splendid expansion of the category is the accessibility to the latest technology for effective disease diagnosis and treatment.

Get Free Sample of this Research Report – https://www.zionmarketresearch.com/sample/medical-equipment-financing-market

“Hospital” segment primarily fuels the global medical equipment financing market

Hospitals serve as a major end-user for the global medical equipment financing industry, accounting for nearly one-third of the market share in 2019. Usually, hospitals maintain their stockpiles to provide funds in rare cases, when the reimbursement process exceeds the timeframe and opt for financing medical equipment.

North America directs the global market owing to its major contribution in generating market revenue

North America held over 40% of the global medical equipment financing market share in 2019 and is likely to attain the dominating position throughout the forecast period. The possible reasons behind the regional dominance are the growing technological advancements and the rising establishment of diagnostics & treatment facilities within the premises.

Some of the key players driving the global medical equipment financing market are 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

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Information:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com






Keywords:    Medical Equipment Financing Market

Tags:    Reportedtimes, IPS, iCN Internal Distribution, Research Newswire, English