GLOBAL MEDICAL EQUIPMENT FINANCING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Medical Equipment Financing Market, By Equipment Type (Imaging Devices, Diagnostic Devices, Surgical Devices, Patient Monitoring Equipment, Others), By Type (Rental Equipment, Refurbished Equipment, New Medical Equipment), By End User (Hospitals, Diagnostic Laboratories, Ambulatory Surgical Centres, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : Apr 2024
Code : CMI6842
Pages :175
Formats :
Excel and PDF
Industry : Healthcare IT

Market Concentration and Competitive Landscape

Global Medical Equipment Financing Market Concentration By Players

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Ageing healthcare infrastructure

Most of the critical medical equipment present in public hospitals is over 10-15 years old which limits the treatment options for patients. The costs of upgrading this old infrastructure is huge. Thus, medical equipment financing helps healthcare providers to modernize and expand their capabilities. It allows gradual retirement of old equipment and acquisition of new advanced systems which improves patient outcomes. Several hospitals and clinics in developed markets are now actively relying on equipment financing to replace CT scanners, MRI machines, ultrasound, and others installed many years ago. Aging healthcare infrastructure is expected to further boost demand for medical equipment financing in the near future.

Key Players Insights