Dallas/Texas, Oct. 27, 2022 (GLOBE NEWSWIRE) -- The growing demand to enhance performance and procedures as well as the rising demand for high-tech tools and technology are some of the factors propelling the expansion of global Healthcare Finance Solutions Market. A rise in the number of people with chronic conditions, improvements in early diagnosis, and an aging population are further variables that are boosting demand for the product because they all result in higher medical costs. Another aspect that is anticipated to drive demand for the product on the global market is the industry's growing usage of digital technology.
Top manufacturers
- Commerce Bancshares
- Koninklijke Philips
- General Electric Company
- Siemens Financial Services
- Gemino Healthcare Finance
- Thermo Fisher Scientific
- Stryker
- Oxford Finance
- TCF Capital Solutions
The global healthcare finance solutions market was assessed at USD 120.04 billion and is anticipated to grow at a CAGR of 8.47% to reach USD 248.67 billion by the end of 2030.
The US needs to make a large financial commitment in order to facilitate the present trend toward digital healthcare. A number of well-known healthcare finance solutions providers have taken note of this prospect and are now providing excellent market-based solutions to assist the healthcare industry. The sector finds it extremely challenging to be financially successful and offer patients high-quality services due to limited resources and government budget restrictions.
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Key Segments of the Global Healthcare Finances Solutions Market
Equipment Type Overview,
- Diagnostic/Imaging Equipment
- Specialist Beds
- Surgical Instruments
- Decontamination Equipment
- IT Equipment
Healthcare Facility Type Overview
- Hospitals & Health Systems
- Outpatient Imaging Centres
- Outpatient Surgery Centres
- Physician Practices & Outpatient Clinics
- Diagnostic Laboratories
- Urgent Care Clinics
- Skilled Nursing Facilities
- Pharmacies
- Other Healthcare Providers
Service Overview,
- Equipment And Technology Finance
- Working Capital Finance
- Project Finance Solutions
- Corporate Lending
The capacity to finance and lease equipment is essential and is becoming increasingly more so as hospitals begin to use the products of the expanding medical technology sector. It is an essential part of allowing hospitals and practices to purchase innovations, and as a result, there will be a desire for healthcare finance solutions to invest more money in cutting-edge machinery. Real-time access to medical treatments and related assistance made possible by digital technology may improve the patient experience.
The industry is separated into equipment-based divisions, such as specialty beds, surgical instruments, decontamination equipment, diagnostic/imaging equipment, and IT equipment. Due to their high cost and significant upfront capital expenditure, decontamination equipment dominated the market in 2021 with a share of more than 35.01%. Patient care equipment includes decontamination gear. The market for decontamination equipment is expected to expand as more people are exposed to illnesses and as the urgency of eradicating infections increases. Only after decontamination may surgical instruments are regarded safe for reuse.
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Regional Overview of Healthcare Finances Solutions Market
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
In terms of revenue and market share, North America now dominates the healthcare finance solutions industry and will maintain this position of strength throughout the projection period. This is because more healthcare organizations and facilities are calling for the implementation of advanced technologies in this region. Major important companies' presence in this region will also further accelerate the market's growth rate. On the other hand, due to the rising costs of healthcare in this region, Asia-Pacific is predicted to experience the fastest growth rate during the forecast period.
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