The Medical Loans Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The size of the medical loans market has seen significant expansion in the recent past. Its growth is projected to rise from a worth of $190.46 billion in 2024 up to $212.3 billion in 2025, indicating a compound annual growth rate (CAGR) of 11.5%.
The Medical Loans market is predicted to reach $323.55 billion by 2029, expanding at a compound annual growth rate (CAGR) of 11.1%.
Download Your Free Sample of the 2025 Medical Loans Market Report and Uncover Key Trends Now!The drivers in the medical loans market are:
• The rise in healthcare costs
• Increase in prevalence of chronic diseases
• Rising aging population
• Limited insurance coverage
The medical loans market covered in this report is segmented –
1) By Type: Amount Below $5,000, Amount $5,000-$100,000, Amount Above $100,000
2) By Healthcare Facility Type: Urgent Care Clinics, Pharmacies
3) By Application: Dental Surgery, Plastic Surgery, Critical Surgery, Bariatric Surgery
The trends in the medical loans market are:
• Advances in medical technology are significantly impacting the future of the medical loans market.
• The emergence of digital platforms and fintech innovation is another central trend in this sector.
• The enhancement and development of digital lending platforms specifically for medical loans is increasingly prominent.
• Integration of artificial intelligence for credit assessments is a notable emerging trend in the medical loans market.
The major players in the medical loans market are:
• U.S. Bancorp
• HDFC Bank Limited
• KeyCorp
• Regions Financial Corporation
• OneMain Holdings Inc
North America was the largest region in the medical loans market in 2023