Refurbished Medical Imaging Equipment Market Size And Forecast
The Global Refurbished Medical Imaging Equipment Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Refurbished Medical Imaging Equipment Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Refurbished Medical Imaging Equipment Market was valued at USD 10.35 Billion in 2019 and is projected to reach USD 24.70 Billion by 2027, growing at a CAGR of 11.5% from 2020 to 2027.
What is Refurbished Medical Imaging Equipment?
Refurbished medical imaging equipment refers to the pre-owned medical imaging equipment which are re-established to the Original Equipment Manufacturer specification to similar as new condition. Medical imaging equipment can restore in two ways such as mechanical-electrical refurbishment and cosmetic refurbishment. The mechanical-electrical refurbishment process includes complete restoration of the equipment, counting parts and other critical components. The cosmetic refurbishment process comprises painting and surface treatment. The refurbishment process includes cosmetic enhancement, decontamination, software upgrade, repair or replacement of parts and performance & quality check.
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Global Refurbished Medical Imaging Equipment Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Factors such as growing prevalence of cancer and cardiovascular diseases, hospital budget cuts, increasing demand for capital-intensive diagnostic imaging equipment, a huge inventory of used or old medical devises, rising preference for eco-friendly products and e-commerce platform offering the ease of purchase of refurbished medical equipment are projected to drive growth of global refurbished medical imaging equipment market. In addition to this increasing number of hospitals and diagnostic centers and the rising opportunities in emerging economies projected to uplift the market. However, dearth in the standardization of guidelines for the use & sale of refurbished devices, regulations on the import and use of refurbished medical devices in some countries may hamper the market growth.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Refurbished Medical Imaging Equipment Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Refurbished Medical Imaging Equipment Market Competitive Landscape
The “Global Refurbished Medical Imaging Equipment Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such GE Healthcare, Block Imaging, Agito Medical A/S, Siemens Healthcare systems, Integrity Medical Systems, Koninklijke Philips N.V., Integrity Medical Systems, Inc., Everx Pvt Ltd., JAPAN CENTRAL MEDICAL, INC, CURA Healthcare, Radiology Oncology Systems, Inc., and Soma Technology. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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Refurbished Medical Imaging Equipment Market, By Product
• Medical Imaging Equipment
o X-ray Machines
o Ultrasound Systems
o Nuclear Imaging Systems
o CT Scanners
o MRI Machines
o Other Medical Imaging Equipment
• Operating Room & Surgical Equipment
o Anesthesia Machines
o Operating Room Tables & Lights
o Electrosurgical Units
o Surgical Displays
o Other Operating Room & Surgical Equipment
• Patient Monitors
o Multi-parameter Monitors
o Pulse Oximeters
o Electrocardiography Devices
o Mobile Cardiac Telemetry Devices
o Fetal Monitors
o Non-invasive Blood Pressure Monitors
o Other Patient Monitors
• Cardiology Equipment
o Heart-lung Machines
o Defibrillators
o Other Cardiology Equipment
• Urology Equipment
o Dialysis Machines
o Lithotripsy Devices
• Neurology Equipment
o EMG Machines
o EEG Machines
• Intensive Care Equipment
o Ventilators
o Infant Incubators and Warmers
• IV Therapy Systems
• Endoscopy Equipment
• Other Medical Equipment
Refurbished Medical Imaging Equipment Market, By Application
• Diagnostic
o Cardiology
o Neurology
o Urology
o Orthopedics
o Physiology
o Oncology
o Emergency Medicine
o Gynecology /Obstetrics
o Other Diagnostic Applications
• Therapeutic
o Neurology
o Cardiology
o Urology
o Orthopedics
o Physiology
o Oncology
o Emergency Medicine
o Obstetrics/Gynecology (OB/GYN)
o Other Therapeutic Applications
Refurbished Medical Imaging Equipment Market, By End-User
• Hospitals
• Diagnostic Imaging Centers
• Ambulatory Care Centers
• Other End Users
Refurbished Medical Imaging Equipment Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
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