Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 161.87 Billion | USD 278 Billion | 7% | 2022 |
FrequentlyAsked Questions
Medical equipment financing can be considered a business loan especially created for the medical community.
The global medical equipment financing market is projected to grow owing to the impact of the changing economic conditions across the world.
According to study, the global medical equipment financing market size was worth around USD 161.87 billion in 2022 and is predicted to grow to around USD 278 billion by 2030.
The CAGR value of the medical equipment financing market is expected to be around 7% during 2023-2030.
The global medical equipment financing market is projected to register the highest growth in North America. The region generated more than USD 46 billion in 2021 and the major reason for the regional growth is the high financing rate witnessed in the countries of the US and Canada.
The global medical equipment financing market is led by players like First American Equipment Finance, Hero FinCorp, SLR Healthcare ABL, JPMorgan Chase & Co., National Funding, Siemens Financial Services, Inc., Blue Bridge Financial, LLC, Truist Bank, SMC Finance, HDFC Bank, TIAA Bank, and Macquarie Group Limited.
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