The global refurbished medical equipment market size is expected to reach USD 45.81 Billion in 2032 and register a steady revenue CAGR of 11.8% during the forecast period, according to latest analysis by Emergen Research. Increasing preference for eco-friendly products is a major factor driving market revenue growth of. Benefits of used medical imaging equipment for environment must be emphasized. The circular economy is supported by refurbishment, a sort of reuse and waste reduction that raises useful lifespan of medical imaging equipment from 5-7 to 10-14 years or even longer. Resources and energy required to produce new equipment are saved by refurbishment. It is critical from an environmental standpoint to maximize service life of imaging scanners due to energy and materials used throughout the production, safety testing, and regulatory compliance processes. For instance, improving Magnetic Resonance Imaging (MRI) scanners and extending their service life maximizes the return on initial investment of energy and materials.
Furthermore, the report provides a comprehensive analysis of the factors that are likely to bolster or impede the growth of the market in the coming years. The report considers the COVID-19 pandemic that is currently unfolding as a key market influencer. The report provides a thorough estimation of the overall impact of the pandemic on the Refurbished Medical Equipment market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Refurbished Medical Equipment market.
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Key Players operating in the industry are:
GE HealthCare, Koninklijke Philips N.V., Siemens Healthcare GmbH, Block Imaging, Inc., Soma Tech INTL, Avante Health Solutions, Hilditch Group, EverX Pty. Ltd., Integrity Medical Systems, Inc., and Radiology Oncology Systems
Radical Features of the Refurbished Medical Equipment Market Report:
- The report encompasses Refurbished Medical Equipment market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Refurbished Medical Equipment industry
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Segmentation:
Product Outlook (Revenue, USD Billion; 2019–2032)
- Medical Imaging Equipment
- Computerized Tomography (CT) Scanners
- Magnetic Resonance Imaging (MRI) Machines
- X-Ray Machines
- Nuclear Imaging Systems
- Ultrasound Systems
- Other Medical Imaging Equipment
- Operating Room Surgical Equipment
- Anesthesia Machines
- Electrosurgical Units
- Operating Room Tables Lights
- Surgical Displays
- Other Operating Room Surgical Equipment
- Patient Monitors
- Multi-Parameter Monitors
- Fetal Monitors
- Electrocardiography Devices
- Pulse Oximeters
- Mobile Cardiac Telemetry Devices
- Non-Invasive Blood Pressure Monitors
- Other Patient Monitors
- Cardiology Equipment
- Defibrillators
- Heart-Lung Machines
- Other Cardiology Equipment
- Urology Equipment
- Dialysis Machines
- Lithotripsy Devices
- Neurology Equipment
- Electromyograph Machines (EMG) Machines
- Electroencephalography (EEG) Machines
- Intensive Care Equipment
- Ventilators
- Infant Incubators Warmers
- Intravenous Therapy Systems
- Endoscopy Equipment
- Other Medical Equipment
- Medical Imaging Equipment
Application Outlook (Revenue, USD Billion; 2019–2032)
- Diagnostic Applications
- Cardiology
- Urology
- Neurology
- Orthopedics
- Physiology
- Emergency Medicine
- Oncology
- Obstetrics/Gynecology
- Other Diagnostic Applications
- Therapeutic Applications
- Cardiology
- Urology
- Neurology
- Orthopedics
- Physiology
- Emergency Medicine
- Oncology
- Obstetrics/Gynecology
- Other Therapeutic Applications
- Diagnostic Applications
End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Hospitals
- Diagnostic Imaging Centers
- Ambulatory Care Centers
- Other End-Use
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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