As medical technology advances, there are more types of medical
equipment to choose from. This is a great news for patients who will
have the opportunity to receive quality medical care and assistance
from highly trained medical professionals who utilize the latest
equipment in advanced medical procedures. As a result, it is important
for doctors to know what different types of medical equipment are
available in the market, their functionality, and how they all work
coherently together to be able to assist and treat the patient
accordingly.
For doctors starting their own clinic or
hospital, the vast knowledge about medical equipment is crucial too as
it would help them to decide which equipment to invest in and how to
upgrade them in future.
Types of Medical Equipment

1. Diagnostic Equipment
Diagnostic
devices are used to determine the nature or origin of a specific
phenomenon, which is usually related to a medical issue. Diagnostic
devices include magnetic resonance imaging equipment, temperature
monitors, and pacemakers. Based on the symptoms, the diagnostic test
is performed, and the proper tool is utilized to evaluate the
patient internally. It is also utilized when doctors or technicians
are looking for the source of an abnormality in diseased bodily
organs or parts that are showing noticeable symptoms.
2. Durable Medical Equipment (DME)
The
DME is primarily used to provide therapeutic benefits for specific
conditions or illnesses that must be prescribed by a physician.
Durable Medical Equipment is a long-lasting and reusable device that
can be used in the hospital or at home to treat patients.
The long-lasting medical equipment has undergone a series of tests
and is guaranteed of quality; they are also specially designed to
provide optimum aid for the safety and wellness of the patients for
a longer duration. The features of DME include non-slip and
load-bearing strength, and the cost of purchasing one is usually
covered by health insurance plans. Manual wheelchairs or electric
wheelchairs, hospital beds, nebulizers, stationary or portable oxygen
tanks and insulin pumps are few of the common DME in the market
today.
3. Treatment Equipment
These devices are typically intended to address a specific medical
issue. They use cutting-edge technology to correct any abnormalities
in the damaged organs or tissues and restore their function.
Examples of treatment equipment include medical lasers, surgical
gloves, caps, gowns, and glasses.
4. Life
Support Equipment
This type of medical equipment is
used to keep a patient's bodily functions intact. Without life
support, the patient's organs or systems will struggle to function
on their own, and there are a range of life support technologies
available in the medical sector today. Few common equipment you can
find in hospitals are Dialysis Machine, Incubators and Heart-lung
Machines.
5. Medical Laboratory
Equipment
These are specialized sorts of lab
equipment known as medical laboratory gadgets that are used in all
types of medical clinics or diagnostic laboratories to analyze
urine, blood, genes, and other biological material. Like Blood
collection supplies, Electrolyte analyzers, Drug testing analyzers,
Coagulation analyzers and so on.
Medical Equipment Loan for Hospitals/Doctor/Clinic/Lab
Medical equipment has a variety of duties and goals, but they are
all designed to protect and provide care to patients. You may simply
finance any equipment of your choice with a Poonawalla Fincorp Medical Equipment
Loan, keeping your medical practice modern and thus having an edge
over your competitors.
Medical Equipment
Loan for Hospitals, clinic or laboratory can be used in a
variety of ways, some of them include:
- To purchase new equipment
- To spend money on modern equipment so that top-notch care can be provided
- The improvement and modernization of operational systems
- To acquire superior laboratory tool
How to Apply for Medical Equipment Loan?
Here’s how you can apply for Medical Equipment Loan from
Poonawalla Fincorp in 5 easy steps:
1. Online
Application: Go to the official website of Poonawalla Fincorp
and then click on Apply Now button
to fill in the application form.
2. Submit relevant
documents: Upload and scan the necessary documents online
such as your identity, address, and income proofs.
3.
Verification Process: Wait for your application to get
processed for verification.
4. Fast
Approval: You get your loan approved in a quick and
hassle-free process.
5. Instant
Disbursal: That’s all! Your Loan is instantly credited to
your bank account.
Why go with a Medical Equipment Loan from Poonawalla Fincorp?
At Poonawalla Fincorp, we have tailored our Medical Equipment
Loan to meet your demands for modernizing and expanding your medical
practice's so you can provide top-notch healthcare services to your
patients without straining your cash flow. Since we are aware of your
urgent demands of the latest medical equipment, we provide
competitively priced, fully transparent Medical Equipment Loans.
Following are the key features and benefits of these loans:
• A
larger loan amount of up to ?3 crores.
• Enjoy principal
moratorium of up to 2 years.
• Ease of using an online
process
• Affordable interest rates
• Flexible
repayment tenure from 1 year to 7 years
• No additional fees
ensuring complete disclosure
• Minimal paperwork for a simple
process
Take advantage of our minimal documentation
requirements, easy
eligibility requirements, and convenient features like
adjustable payback terms, no prepayment penalties, and end-to-end
doorstep service.