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. Following declines in the early part of the period, 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 will 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.