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Medical Patient Financing - Industry Market Research Report

  • July 2016
  • -
  • Ibisworld
  • -
  • 34 pages

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Got it covered: Rising healthcare expenditures will support industry revenue growth



Abstract

Medical Patient Financing

The Medical Patient Financing industry, which extends credit to consumers to cover medical procedures, has struggled to adapt to subdued demand and a changing healthcare environment over the five years to 2016. Following a revenue decline in 2012, as consumers delayed elective medical procedures, industry revenue started to trend upward as demand strengthened in 2013, somewhat offsetting the industry's poor performance after the recession. In the coming years, improving economic conditions and increasing healthcare expenditures are expected to drive industry growth.

This industry includes companies that are primarily engaged in extending credit facilities to consumers to cover healthcare costs and related expenses. Financing can be provided for elective and non-elective medical procedures.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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