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Medical Equipment Financing Market Share

Report ID: GMI4515
Published Date: Jun 2022
Report Format: PDF

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Medical Equipment Financing Market Share

Some of the prominent players functioning in the medical equipment financing industry include:

Bajaj Finserv
Blue Bridge Financial, LLC
CMS Funding
First American Healthcare Finance
HDFC Bank
HeroFinCorp
JPMorgan Chase & Co.
Kabbage (American Express)
National Funding
SMC Finance
Societe Generale S.A.
TIAA Bank
Toronto-Dominion Bank
Truist Bank

These industry participants are involved in various growth strategies with continued innovations and technology improvements to sustain market competition in medical equipment financing business.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for medical equipment financing exceeded USD 149 billion in 2021 and is anticipated to record a CAGR of 7.1% between 2022 and 2030 owing to the presence of advanced technology in developed countries and the high cost of healthcare equipment.

Diagnostic medical equipment financing market size was around USD 48.3 billion in 2021 and is estimated to register substantial growth driven by the soaring demand for innovative, high-quality, and premium healthcare facilities.

North America accounted for more than 44% of the medical equipment financing market share in 2021 and is expected to register substantial growth considering the increasing cases of chronic illnesses and the rising senior population base.

Prominent players in the medical equipment financing industry comprise CMS Funding, Bajaj Finserv, HeroFinCorp, TIAA Bank, SMC Finance, National Funding, Toronto-Dominion Bank, and others.