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Medical Equipment Financing Market to Witness Rise in Revenues By 2030

08-22-2022 01:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: regionalresearchreports

Medical Equipment Financing Market to Witness Rise in Revenues

The economic growth of equipment finance companies continues to progress and can still face many challenges. Under the current scenario, while banks have higher capital and look for opportunities in the medical equipment sector, most of businesses have become cautious about their capital expenditures.

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Businesses such as clinics, hospitals, and diagnostic centers are more inclined to spend on the maintenance of their existing equipment rather than approaching a new one. This has resulted in a decrease in the market growth index for medical equipment funding in recent years. Moreover, inflated equipment cost such as high cost of X-ray machines, CT scans, ECG, Cardiology machines, MRI scans, and others., makes the end-users to rethink about their capital expenditures. As a result, the factors mentioned above are likely to have a negative impact on the market over the forecast period.

July 2021, IFC and MIGA (Multilateral Investment Guarantee Agency) have launched Trade Finance Guarantee, which will support trade flows of crucial items, like food and medical equipment, in low-income nations to help them to recover from the pandemic's effects.

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Global Medical Equipment Financing Market Segmentation:

Global Medical Equipment Financing Market, by Device Type

Diagnostic Equipment
Therapeutic Equipment
Patient Monitoring Equipment
Others
Global Medical Equipment Financing Market, by Application

Hospitals & Clinics
Laboratories & Diagnostic Centers
Others

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Based on the region, the Global Medical Equipment Financing printing market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2020, Asia Pacific held the largest share in the global Medical Equipment Financing market, followed by North America and Europe.

Global Medical Equipment Financing Market, by region

North America (US, Canada, Mexico)
South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)

Major market players covered in the Global Medical Equipment Financing Market:

Hero FinCorp
National Funding
Blue Bridge Financial, LLC
First American Equipment Finance
TIAA Bank
HDFC Bank
SMC Finance.

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Regional Research Reports solves all the data problems by providing industry analytics data that is easy to understand and reliable. We are a leading provider of custom and exclusive market research reports; we provide state-of-the-art business analysis to clients across multiple sectors.
Our research team is highly qualified to benefit well-establish companies and startups with their market research needs. In a world where endless disruption is the norm, not the exception, Regional Research Reports provides the foundation for a strategy to identify opportunities and challenges early and win customers. Since our founding, we have been working closely with large multinationals and small and medium-sized enterprises (SMEs). Today, we are proud to have 80% of our Fortune 2000 customers as our customers.

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