의료장비 파이낸싱 시장 - 규모, 점유율, 성장률, 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2026-2034년)

Growth Factors of medical equipment financing Market

The global medical equipment financing market is experiencing substantial growth due to continuous advancements in medical technology and the increasing need for healthcare institutions to access advanced equipment without large upfront costs. The market was valued at USD 175.18 billion in 2025, projected to reach USD 192 billion in 2026, and is expected to grow to USD 406.85 billion by 2034, reflecting a CAGR of 9.84% during the forecast period. North America dominated the market in 2025 with a 78.2% share, driven by high financing availability, innovative medical devices, and robust healthcare infrastructure investments.

Medical equipment financing enables hospitals, clinics, and diagnostic centers to acquire expensive, advanced equipment such as MRI scanners, X-ray machines, ventilators, dialysis systems, and ICU devices through flexible loan structures, low monthly installments, and affordable interest rates. The sector has grown in importance as healthcare providers increasingly require best-in-class equipment to deliver quality care without overextending budgets.

Market Drivers

Technological advancements in medical devices, combined with AI integration, are a major driver of the market. Advanced equipment such as the Philips Ingenia Ambition MRI system (2024), which is 50% faster, demonstrates the rising costs of medical equipment, prompting hospitals and diagnostic centers to rely on financing. Financing companies provide flexible solutions, enabling healthcare providers, particularly in middle- and low-income countries, to upgrade their existing equipment and invest in state-of-the-art diagnostic and therapeutic tools.

Moreover, the COVID-19 pandemic created a surge in demand for diagnostic kits, ventilators, and ICU equipment, leading to increased financing activities. The market continues to benefit from hospital expansions, government initiatives, and global healthcare investments, offering opportunities for finance companies.

Market Restraints

Despite growth opportunities, cautious capital expenditures by healthcare providers may restrain market expansion. Hospitals and clinics often prioritize maintaining existing equipment over investing in new systems due to high costs. The expensive nature of advanced devices like CT scanners, ECG machines, and cardiology equipment also limits financing adoption in certain regions.

Market Trends

Banks and financial institutions are playing a key role in supporting healthcare providers by offering higher finance support. Post the Affordable Care Act (2010), the focus shifted towards meeting the financial requirements of healthcare decision-makers, creating a lucrative environment for lenders. During the COVID-19 crisis, organizations like the World Bank provided emergency funding for essential medical equipment, demonstrating the importance of financing in supporting healthcare infrastructure.

Segmentation Analysis

By Device Type

• Diagnostic equipment dominated the market in 2026 with a 43.88% share, driven by increasing infectious diseases, innovations in diagnostic technology, and rising investment in diagnostic centers.
• Therapeutic equipment and patient-monitoring devices are also seeing growth due to rising ICU and critical care requirements.
• COVID-19 further increased the demand for ventilators and diagnostic equipment, driving finance uptake.

By End-User

• Hospitals & clinics led with a 54.92% share in 2026, supported by infrastructure investments and the availability of financial solutions.
• Laboratories & diagnostic centers are expected to grow faster due to rising demand for diagnostic kits and R&D in response to the pandemic.

Regional Outlook

• North America: Dominates with a market size of USD 71.49 billion in 2024, projected to reach USD 80.44 billion by 2026, supported by high financing availability, technological innovation, and healthcare infrastructure investments.
• Europe: Second-largest market, benefiting from AI-based equipment financing and strong healthcare infrastructure funding. UK is projected at USD 8.35 billion, Germany at USD 11.45 billion by 2026.
• Asia Pacific: Fastest-growing region due to emerging healthcare financing structures and hospital expansions. Japan projected at USD 11.36 billion, China USD 10.27 billion, India USD 4.65 billion by 2026.
• Latin America & Middle East & Africa: Moderate growth expected due to lower awareness and limited financing infrastructure, though improving steadily with government initiatives.

Key Industry Players

The medical equipment financing market is fragmented, with prominent players providing customized loan solutions, low-interest rates, and flexible repayment plans. Hero FinCorp, National Funding, Blue Bridge Financial, First American Equipment Finance, TIAA Bank, HDFC Bank, and SMC Finance are major contributors. These companies finance a wide range of equipment, including CT/MRI systems, ultrasound machines, X-ray devices, dental equipment, and pharmaceutical systems, attracting hospitals and diagnostic centers globally.

Key Industry Developments

• July 2021: IFC & MIGA launched Trade Finance Guarantee to support medical equipment trade in low-income countries.
• May 2021: G.E. Healthcare & NSIA Banque partnered with IFC to strengthen medical financing in Africa.
• April 2021: IMAGEENS raised USD 1.45 million in seed financing to scale software solutions for healthcare.
• June 2020: Wells Fargo partnered with Siemens Healthineers to provide comprehensive equipment financing in the U.S.

Conclusion

The global medical equipment financing market is projected to grow from USD 175.18 billion in 2025 to USD 406.85 billion by 2034, at a CAGR of 9.84%. Growth is driven by technological advancements, rising demand for advanced diagnostic and therapeutic equipment, and flexible financing solutions for hospitals and diagnostic centers. North America leads the market, while Asia Pacific shows the fastest growth potential. Despite cautious capital spending and high equipment costs, the market remains attractive for finance companies providing tailored solutions, supporting global healthcare expansion, and enabling better patient care across regions.

Segmentation By Device Type

• Diagnostic Equipment
• Therapeutic Equipment
• Patient Monitoring Equipment
• Others

By End User

• Hospitals & Clinics
• Laboratories & Diagnostic Centers
• Others

By Geography

• North America (the U.S. and Canada)
• Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)
• Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia- Pacific)
• Latin America (Brazil, Mexico, and the Rest of Latin America)
• Middle East & Africa (South Africa, GCC and the Rest of the Middle East & Africa)

Table of Content

1. Introduction

• 1.1. Market Scope
• 1.2. Market Segmentation
• 1.3. Market Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities

4. Key Insights

• 4.1. Overview: Trends in Medical Equipment Finance Market
• 4.2. Snapshot of Equipment Finance Industry
• 4.3. New Product Launch of Medical Equipments
• 4.4. Key Industry Developments - Mergers, Acquisitions, and Partnerships

5. Global Medical Equipment Financing Market Analysis, Insights and Forecast, 2021-2034

• 5.1. Key Findings / Summary
• 5.2. Market Analysis, Insights and Forecast - By Device Type
  • 5.2.1. Diagnostic Equipment
  • 5.2.2. Therapeutic Equipment
  • 5.2.3. Patient-monitoring Equipment
  • 5.2.4. Others
• 5.3. Market Analysis, Insights and Forecast - By End User
  • 5.3.1. Hospitals & Clinics
  • 5.3.2. Laboratories & Diagnostic Centers
  • 5.3.3. Others
• 5.4. Market Analysis, Insights and Forecast - By Geography
  • 5.4.1. North America
  • 5.4.2. Europe
  • 5.4.3. Asia Pacific
  • 5.4.4. Latin America
  • 5.4.5. Middle East & Africa

6. North America Medical Equipment Financing Market Analysis, Insights and Forecast, 2021-2034

• 6.1. Key Findings / Summary
• 6.2. Market Analysis, Insights and Forecast - By Device Type
  • 6.2.1. Diagnostic Equipment
  • 6.2.2. Therapeutic Equipment
  • 6.2.3. Patient-monitoring Equipment
  • 6.2.4. Others
• 6.3. Market Analysis, Insights and Forecast - By End User
  • 6.3.1. Hospitals & Clinics
  • 6.3.2. Laboratories & Diagnostic Centers
  • 6.3.3. Others
• 6.4. Market Analysis, Insights and Forecast - By Country
  • 6.4.1. U.S.
  • 6.4.2. Canada

7. Europe Medical Equipment Financing Market Analysis, Insights and Forecast, 2021-2034

• 7.1. Key Findings / Summary
• 7.2. Market Analysis, Insights and Forecast - By Device Type
  • 7.2.1. Diagnostic Equipment
  • 7.2.2. Therapeutic Equipment
  • 7.2.3. Patient-monitoring Equipment
  • 7.2.4. Others
• 7.3. Market Analysis, Insights and Forecast - By End User
  • 7.3.1. Hospitals & Clinics
  • 7.3.2. Laboratories & Diagnostic Centers
  • 7.3.3. Others
• 7.4. Market Analysis, Insights and Forecast - By Country/Sub-region
  • 7.4.1. U.K.
  • 7.4.2. Germany
  • 7.4.3. France
  • 7.4.4. Spain
  • 7.4.5. Italy
  • 7.4.6. Scandinavia
  • 7.4.7. Rest of Europe

8. Asia Pacific Medical Equipment Financing Market Analysis, Insights and Forecast, 2021-2034

• 8.1. Key Findings / Summary
• 8.2. Market Analysis, Insights and Forecast - By Device Type
  • 8.2.1. Diagnostic Equipment
  • 8.2.2. Therapeutic Equipment
  • 8.2.3. Patient-monitoring Equipment
  • 8.2.4. Others
• 8.3. Market Analysis, Insights and Forecast - By End User
  • 8.3.1. Hospitals & Clinics
  • 8.3.2. Laboratories & Diagnostic Centers
  • 8.3.3. Others
• 8.4. Market Analysis, Insights and Forecast - By Country/Sub-region
  • 8.4.1. Japan
  • 8.4.2. China
  • 8.4.3. India
  • 8.4.4. Australia
  • 8.4.5. Southeast Asia
  • 8.4.6. Rest of Asia Pacific

9. Latin America Medical Equipment Financing Market Analysis, Insights and Forecast, 2021-2034

• 9.1. Key Findings / Summary
• 9.2. Market Analysis, Insights and Forecast - By Device Type
  • 9.2.1. Diagnostic Equipment
  • 9.2.2. Therapeutic Equipment
  • 9.2.3. Patient-monitoring Equipment
  • 9.2.4. Others
• 9.3. Market Analysis, Insights and Forecast - By End User
  • 9.3.1. Hospitals & Clinics
  • 9.3.2. Laboratories & Diagnostic Centers
  • 9.3.3. Others
• 9.4. Market Analysis, Insights and Forecast - By Country/Sub-region
  • 9.4.1. Brazil
  • 9.4.2. Mexico
  • 9.4.3. Rest of Latin America

10. Middle East & Africa Medical Equipment Financing Market Analysis, Insights and Forecast, 2021-2034

• 10.1. Key Findings / Summary
• 10.2. Market Analysis, Insights and Forecast - By Device Type
  • 10.2.1. Diagnostic Equipment
  • 10.2.2. Therapeutic Equipment
  • 10.2.3. Patient-monitoring Equipment
  • 10.2.4. Others
• 10.3. Market Analysis, Insights and Forecast - By End User
  • 10.3.1. Hospitals & Clinics
  • 10.3.2. Laboratories & Diagnostic Centers
  • 10.3.3. Others
• 10.4. Market Analysis, Insights and Forecast - By Country/Sub-region
  • 10.4.1. GCC
  • 10.4.2. South Africa
  • 10.4.3. Rest of Middle East & Africa

11. Competitive Analysis

• 11.1. Key Industry Developments
• 11.2. Global Market Share Analysis (2021)
• 11.3. Competition Dashboard
• 11.4. Comparative Analysis - Major Players
• 11.5. Company Profiles (Overview, Product Types & Services, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability))
  • 11.5.1. Hero FinCorp
    • 11.5.1.1. Overview,
    • 11.5.1.2. Product Types & Services,
    • 11.5.1.3. SWOT Analysis,
    • 11.5.1.4. Recent Developments,
    • 11.5.1.5. Strategies,
    • 11.5.1.6. Financials (Based on Availability)
  • 11.5.2. National Funding
    • 11.5.2.1. Overview,
    • 11.5.2.2. Product Types & Services,
    • 11.5.2.3. SWOT Analysis,
    • 11.5.2.4. Recent Developments,
    • 11.5.2.5. Strategies,
    • 11.5.2.6. Financials (Based on Availability)
  • 11.5.3. Blue Bridge Financial, LLC.
    • 11.5.3.1. Overview,
    • 11.5.3.2. Product Types & Services,
    • 11.5.3.3. SWOT Analysis,
    • 11.5.3.4. Recent Developments,
    • 11.5.3.5. Strategies,
    • 11.5.3.6. Financials (Based on Availability)
  • 11.5.4. First American Equipment Finance
    • 11.5.4.1. Overview,
    • 11.5.4.2. Product Types & Services,
    • 11.5.4.3. SWOT Analysis,
    • 11.5.4.4. Recent Developments,
    • 11.5.4.5. Strategies,
    • 11.5.4.6. Financials (Based on Availability)
  • 11.5.5. TIAA Bank
    • 11.5.5.1. Overview,
    • 11.5.5.2. Product Types & Services,
    • 11.5.5.3. SWOT Analysis,
    • 11.5.5.4. Recent Developments,
    • 11.5.5.5. Strategies,
    • 11.5.5.6. Financials (Based on Availability)
  • 11.5.6. HDFC Bank Ltd
    • 11.5.6.1. Overview,
    • 11.5.6.2. Product Types & Services,
    • 11.5.6.3. SWOT Analysis,
    • 11.5.6.4. Recent Developments,
    • 11.5.6.5. Strategies,
    • 11.5.6.6. Financials (Based on Availability)
  • 11.5.7. SMC
    • 11.5.7.1. Overview,
    • 11.5.7.2. Product Types & Services,
    • 11.5.7.3. SWOT Analysis,
    • 11.5.7.4. Recent Developments,
    • 11.5.7.5. Strategies,
    • 11.5.7.6. Financials (Based on Availability)
  • 11.5.8. Other Prominent Players
    • 11.5.8.1. Overview,
    • 11.5.8.2. Product Types & Services,
    • 11.5.8.3. SWOT Analysis,
    • 11.5.8.4. Recent Developments,
    • 11.5.8.5. Strategies,
    • 11.5.8.6. Financials (Based on Availability)

12. Strategic Recommendations