Research Methodology Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of India medical equipment financing market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as growing need for technologically advanced medical infrastructure, increasing demand for high-cost medical equipment, growing prevalence of fatal diseases & requirement of early diagnosis, improving medical equipment loan availability and affordability etc. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the India medical equipment financing market.
Methodology Followed for Calculation of Market Size:
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Market Size by Value: Market size, in terms of value, for the year FY2021 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as medical equipment financing companies, channel partners, industry experts and other industry participants.
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The team interviewed more than 20 medical equipment financing companies, NBFCs and private & public sector banks, 200 end users and 15–20 industry experts and other value chain stakeholders in India medical equipment financing market to obtain the overall market size between FY2017 and FY2021. Taking standard deviation into consideration, the responses were averaged out to arrive at the final market size data during FY2017-FY2021. © TechSci Research
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