Medical Equipment Financing Market Analysis

Equipment (Diagnostics, Patient Monitoring, Therapeutic, Laboratory Equipments, Medical Furniture)

The global medical equipment financing market is segmented and analyzed for demand and supply by equipment into diagnostics equipment, patient monitoring equipment, therapeutic equipment, laboratory equipment, and medical furniture. Out of these segments, the diagnostics equipment segment is anticipated to hold the largest medical equipment share of about ~39% in the year 2033. The growth of the segment can be attributed to the rising use of various diagnostic machines including computed tomography scans, x-rays, magnetic resonance imaging, ultrasound, and others to detect various disorders across the globe. As per the World Health Organization estimations 3.6 billion diagnostic procedures, including X-rays, are performed each year across the globe. Among these, 3.6 billion x-rays make up 40% of all medical imaging. In addition to this, currently, there are 300 million CT scans performed worldwide annually, an increase of 4% over the previous year. Besides this, the growing occurrence of various types of infectious disorders, coupled with the surging demand for ventilators is also anticipated to skyrocket the segment growth over the projected time frame.

End-user (Hospitals, Clinics, Ambulatory Surgical, Diagnostic Centers)

The global medical equipment financing market is also segmented and analyzed for demand and supply by end-user into hospitals, clinics, ambulatory surgical centers, and diagnostic centers.  Amongst these four types of segments, the hospitals segment is expected to garner a significant share of around ~56% in the year 2033. The growth of this segment can be attributed to the escalating proportion of various kinds of surgical procedures performed on hospitals’ premises, along with the rising adoption of novel medical equipment installed by hospitals throughout the world. On the other hand, the diagnostic centers segment is projected to witness an impressive CAGR during the forecast period, owing to the rising development and integration of novel diagnostic equipment and rapid testing kits across the globe. In addition to this, the emerging role of various medical equipment finance organizations in funding research and development activities is also projected to provide huge opportunities for segment growth in the coming years.

Our in-depth analysis of the global market includes the following segments: