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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 Challenges – Rising cost of new medical technologies

Global medical equipment financing market faces several challenges. One major challenge is rising cost of new medical technologies which puts pressure on healthcare providers and their budgets. Strict regulations around medical devices also increase costs. Reimbursement policies often does not cover the full cost of new capital equipment which burdens hospitals. The payment process can also be lengthy and complex. These financial challenges may limit the adoption of new life-saving or productivity-enhancing medical equipment.

Market Opportunities – Partnerships between OEMs and financial institutions

As population ages and treatment options advances, demand for new medical technologies increases. Partnerships between OEMs, providers and financers can help navigate regulations and reimbursement systems better. Partnerships between Original Equipment Manufacturers (OEMs) and financial institutions could provide significant opportunities for the medical equipment financing market. As the costs of advanced medical technologies increases, these collaborations allow hospitals and healthcare providers to access the latest life-saving devices without large upfront capital investments. 

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