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Consumers want their medical equipment to travel with them with as much ease as possible. The popularity of wearable technology cannot be ignored—nor should it be. Fitness tech is now commonplace, and wearable medical equipment is becoming the same.

This portable tech is becoming popular not only in the field of preventative healthcare and fitness but in the medical equipment sector as well. For example, customers using portable oxygen concentrators expect their equipment to keep up with their lifestyle. Carrying POCs that are sleek, lightweight, and wearable allows patients to continue their day to day without literally or figuratively being tied down by their oxygen needs. By providing your patients with wearable POCs, you’re able to give them a better quality of life.

The number of patients shopping online or speaking with a call centre for medical equipment has increased greatly over the last couple of decades. The target demographic of people who need medical equipment might not be internet savvy themselves, but those caring for them are utilising the convenience of online and phone shopping to secure the equipment for the needs of their loved ones. In the past, medical equipment was sold exclusively through brick-and-mortar retail. While a physical location and face-to-face interaction is still very important, having an online store has become equally important.

Patients comparing prices, quality, and special features of their medical equipment want to do so from the comfort of their own homes. That’s why it’s so important for medical equipment companies to have a functional and user-friendly website and skilled call centre representatives for subsequent questions. It won’t be long before every generation is comfortable looking for medical equipment online. Making price checking and feature comparison easy will benefit companies that provide DME.

As the number of people needing medical equipment grows, so does the number of people who need financial aid services to obtain that equipment. Unfortunately, a lack of funds for necessary medical equipment is a common stressor for many who need such equipment to enjoy a high quality of life day after day.

That’s why one of the biggest trends in the medical equipment industry is the rise of consumer financing. Consumer financing firms like United Consumer Financial Services allow patients to get the equipment that they need when they need it. Many times, insurance may only cover some—or even none—of the cost. And often, an insurance policy will only cover replacement equipment every few years. This puts those who need medical equipment in a difficult situation.

However, companies like UCFS that offer consumer financing allow for patients to make easy, affordable, low monthly payments so they can have access to the life-changing equipment they need. Consumer financing also benefits medical equipment businesses because it allows them to serve more customers that might otherwise not make their purchase.

Consumer financing is truly a win-win for the patient and the equipment provider. Patients enjoy more freedom, better equipment, and less financial stress. At the same time, medical equipment companies can serve more patients and move more inventory because they offer simple, realistic financing options.