The global healthcare finance solutions market size was exhibited at USD 120.1 billion in 2022 and is projected to hit around USD 261.7 billion by 2032, growing at a CAGR of 7.20% during the forecast period 2023 to 2032.
Key Pointers:
The demand for ongoing improvements and modifications in various healthcare procedures to enhance the efficiency of various healthcare facilities are the factors driving the industry growth. The need for healthcare services is increasing exponentially as a result of the growing aging population and an increase in cases of chronic diseases. The ability to provide the latest edition of medical equipment is essential for maintaining a high standard of patient care.
As hospitals start utilizing the devices of the growing medical technology industry, the ability to finance and lease equipment is becoming even more crucial. It is a crucial component of enabling hospitals and practices to acquire innovations and, as a result, this would create the demand for healthcare finance solutions to invest more in advanced equipment. Real-time access to medical services and related assistance made possible by digital technology could improve the patient experience. This upgrade would require the installation of equipment designed to handle and manage such tasks. With the advancement of technology and the growing demand for advanced healthcare, the cost of the devices would be a major factor for healthcare providers.
The growth of the industry would be greatly impacted by the cost of such devices.The COVID-19 pandemic had severe economic, logistical, and other effects. However, following the pandemic, the industry is putting efforts to invest in the facilities, which include investments in improved forecasting after the supply chain disruptions & shortages, spending more on personnel and safety precautions, such as infrastructure, personnel, and Personal Protective Equipment (PPE). In addition, investments in cybersecurity & remote workforces and in addressing the health disparities that the pandemic has brought to light, such as promoting greater diversity in clinical trials, would support the industry growth.
Healthcare finance solutions Market Segmentation
By Equipment Type | By Healthcare Facility Type | By Service |
Diagnostic/Imaging Equipment Specialist Beds Surgical Instruments Decontamination Equipment IT Equipment |
Hospitals & Health Systems Outpatient Imaging Centers Outpatient Surgery Centers Physician Practices & Outpatient Clinics Diagnostic Laboratories Urgent Care Clinics Skilled Nursing Facilities Pharmacies Other Healthcare Providers
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Equipment And Technology Finance Working Capital Finance Project Finance Solutions Corporate Lending |
Healthcare finance solutions Market Key Players And Regions
Companies Profiled | Regions Covered |
Koninklijke Philips N.V. General Electric Company Commerce Bancshares, Inc. Siemens Financial Services, Inc. Thermo Fisher Scientific, Inc. Stryker Gemino Healthcare Finance Oxford Finance LLC TCF Capital Solutions CIT Group, Inc. |
North America Europe Asia-Pacific Latin America Middle East & Africa (MEA)
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