Hospital Segment to Dominate the India Healthcare Financing Solution Market through FY2027
Rising demand for affordable
treatment and high administrative cost of healthcare industry is expected to
drive the demand for India healthcare financing solution market.
According to TechSci Research report, “India
Healthcare Financing Solution Market By Services (Equipment &
Technology Finance, Working Capital Finance, Project Finance Solutions,
Corporate Lending), By Equipment (Diagnostic/Imaging Equipment, Surgical
Instruments, Decontamination Equipment, IT Equipment, Specialty Beds, Others), By
Healthcare Facility (Hospitals, Outpatient Imaging Centers, Outpatient Surgery
Centers, Physical Practices & Outpatient Clinics, Diagnostics Labs, Urgent
Care Clinics, Skilled Nursing Facilities, Pharmacies), By Company, By Region,
Forecast & Opportunities, FY2027”, India healthcare financing solution
market is expected to witness steady growth for the next five years. Healthcare
finance solutions are the collection of financial capital solutions and provide
the facility for funds transfer and movement to cover the healthcare industry
related expenses. To achieve financial stability, several healthcare industries
are opting for healthcare financing solutions in the country. Adoption of
digital technology by healthcare industry in order to improve overall efficiency
and to alleviate the consumer experience is boosting the healthcare financing
solutions market growth. Maximum number of physicians and nurses overwork due
to shortage of available resources. By adopting efficient measures to install
digital facilities as well as hire more professionals is paving the way for the
healthcare financing market growth. Government is also encouraging electronic
health records maintenance to promote transparency in the system and keep the
data in an organized form and readily available at this time of need. India has
a large underprivileged population which requires significant support from the
government to avail healthcare services. Ayushman Bharat which is a national
health protection scheme offers financial support for secondary and tertiary
care hospitalization. There is continuous corporatization of healthcare
industry in India. Existing healthcare facilities need to make significant
investment to keep up with advanced technologies and maintain quality treatment
while new healthcare facilities need to make huge infrastructure investment.
Revenue generation from healthcare facilities is lower than the profit made for
a given period, therefore timely and adequate funding is required by healthcare
industry. However, increase in prevalence of cybercrime due to digitalization may
hamper the market growth of the India Healthcare Financing Solution Market in
the forecast period.
Browse XX Figures spread through XX Pages and an
in-depth TOC on “India Healthcare Financing Solution Market”.
India
healthcare financing solution market is segmented into services, equipment,
healthcare facility, region, and company. Based on healthcare facility, market
is further divided into hospitals, outpatient imaging centers, outpatient
surgery centers, physical practices & outpatient clinics, diagnostics labs,
urgent care clinics, skilled nursing facilities and pharmacies. Hospital
segment is expected to dominate the market during the forecast period, FY2023-FY2027.
Increasing demand for hospitals and growing number of hospitals in the country
to cater to the needs of patients is fostering the market growth. Rapid changes
in laws, increase in patient footfall and growing expansion of the healthcare
sector is creating the market for financial assistance. Moreover, hospitals are
expected to deliver quality treatment and obtain desired outcomes which is
accelerating the India healthcare financing solution market. Based on services segment,
market is fragmented into equipment & technology finance, working capital
finance, project finance solutions and corporate lending. Equipment &
technology finance accounted for major market share in FY2021 and is expected
to hold significant share during the forecast period. This is due to the fact that
huge capital investments are required for treatment procedures and the required
equipment for healthcare are also expensive in nature.
Philips
India Limited, GE T&D India Limited, Siemens Financial Services Private
Limited, Thermo Fisher Scientific India Pvt. Ltd., Stryker India Pvt Ltd.,
Ramtirth Leasing and Finance Co Pvt Ltd (Arogya Finance), Paras Healthcare
India Pvt Ltd, Manipal Health Enterprises Pvt Ltd., Portea Medical Pvt. Ltd,
iGenetic Diagnostics Pvt. Ltd. are the leading players operating in India healthcare
financing solution market.
Download Free Sample Report
Customers can also
request for 10% free customization on this report.
“Rising
demand for telemedicine to boost the reach of healthcare industry for all
sectors of society in addition to growing penetration of healthcare insurance
sector to provide the facility for affordable treatment to people is on rise.
E-health initiatives launched by government of India coupled with digital
revolution in India by leading authorities requires the assistance of
healthcare financing solution to provide the financial back-up for all services
and technologies which is anticipated to contribute to the India healthcare
financing solution market growth till FY2027” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based global management consulting
firm.
“India
Healthcare Financing Solution Market By Services (Equipment & Technology
Finance, Working Capital Finance, Project Finance Solutions, Corporate Lending),
By Equipment (Diagnostic/Imaging Equipment, Surgical Instruments,
Decontamination Equipment, IT Equipment, Specialty Beds, Others), By Healthcare
Facility (Hospitals, Outpatient Imaging Centers, Outpatient Surgery Centers,
Physical Practices & Outpatient Clinics, Diagnostics Labs, Urgent Care
Clinics, Skilled Nursing Facilities, Pharmacies), By Company, By Region,
Forecast & Opportunities, FY2027”has evaluated
the future growth potential of India healthcare financing solution market and
provided statistics & information on market size, shares, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of India healthcare
financing solution market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Web: https://www.techsciresearch.com