The global refurbished medical equipment market is expected to grow at 13.4% CAGR from 2021 to 2029. It is expected to reach above USD 28.46 billion by 2029 from USD 11.8 billion in 2021.
The Global “Refurbished Medical Equipment Market” is the topic of a comprehensive 2023 research report that researches into every aspect of the industry, from regional segments and key manufacturers to product type and applications. The report utilizes a challenging research methodology and statistical analysis techniques, including market breakdown and data triangulation, to provide consistent and accurate market evaluations and forecasts that extend all the way to 2029. Additionally, the report offers a straightforward context for assessing and evaluating the position of key manufacturers operating in this industry. Moreover, it sheds light on the competitive landscape of the global market by providing details on market share, product offerings, and active status of key market players.
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Market Overview
The global refurbished equipment market is expected to grow significantly during the forecast period due to a large patient population suffering from chronic diseases such as cancer and cardiovascular diseases around the world, as well as an increasing demand for low-cost medical devices due to budget constraints in developing countries. Furthermore, there is a rising number of private hospitals purchasing used gadgets due to economic constraints, as well as unfavourable reimbursement circumstances for certain medical treatments. However, a lack of understanding about the benefits of refurbished medical devices, as well as a lack of standardisation of policies connected to the sale and use of refurbished medical devices, are impeding the growth of the refurbished medical equipment industry.
Refurbished Medical Equipment Market Segmentation by Manufacturers, this report covers: Agito Medical AS, Avante Health Solutions, Block Imaging International Inc., Everx Pvt. Ltd., GE Healthcare, Integrity Medical Systems Inc., Koninklijke Philips NV, Radio Oncology Systems Inc., Siemens Healthcare Systems, Soma Technology, Hilditch Group, Master Medical Equipment, Cambridge Scientific Products, Johnson & Johnson, Canon Medical Systems., and others.
Recent Developments
November 26, 2022: Block Imaging purchased Reliable Healthcare Imaging in order to construct a new CT scanner tube and HV tank repair and reprocessing plant.
May 03, 2021: Hermes Medical Solutions Partners with Radiology Oncology Systems to Increase Access to Molecular Imaging’s Advancements within Cancer Care in the USA.
July 29, 2021: Avante Health Solutions is pleased to announce that it has been awarded a group purchasing agreement with Premier to provide refurbished diagnostic imaging equipment. Premier is a major healthcare improvement organization that has brought together an alliance of over 4,100 hospitals in the United States and 200,000 additional providers to reform healthcare. Premier offers better treatment and results at a lesser cost through integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services.
The Refurbished Medical Equipment Market report also splitting the market by region: United States, Americas, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Middle East and Africa.
Key Segments
Refurbished Medical Equipment Market By Product Type, 2020-2029, (USD Billion)
Medical Imaging Systems
Operating Equipment and Surgical Devices
Others
Refurbished Medical Equipment Market By Application, 2020-2029, (USD Billion, Thousand Units)
Diagnostic Imaging Systems
Minimally Invasive Instruments
Biotechnology Instruments
Others
Refurbished Medical Equipment Market By End User, 2020-2029, (USD Billion, Thousand Units)
Hospitals And Clinics
Diagnostic Centers
Ambulatory Surgical Centers
Others
Key Reasons to Purchase:
- To comprehend the outlook and prospects for the market.
- The definition, applications, and classifications in the report provide an in-depth insight of the market.
- The study includes the SWOT analysis and business plans of each player in the industry.
- The provides in-depth analyses of current market trends, trend forecasts, and growth factors.
- The study offers a thorough analysis of the vendor landscape, a competitive landscape analysis, and significant market strategies.
Detailed TOC of Global Refurbished Medical Equipment Market Growth (Status and Outlook) 2029
Table Of Contents
- Executive Summary
- Refurbished Medical Equipment Market Characteristics
- Refurbished Medical Equipment Market Trends and Strategies
- Refurbished Medical Equipment Market – Macro Economic Scenario
4.1. COVID-19 Impact On Refurbished Medical Equipment Market
4.2. Ukraine-Russia War Impact on Refurbished Medical Equipment Market
4.3. Impact Of High Inflation On Refurbished Medical Equipment Market
- Refurbished Medical Equipment Market Size And Growth
5.1. Global Refurbished Medical Equipment Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Refurbished Medical Equipment Forecast Market, 2022-2029F, 2029F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
- Refurbished Medical Equipment Market Segmentation
6.1. Global Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2029
6.2. Global Market, Segmentation By type, Historic and Forecast, 2017-2022, 2022-2029
6.3. Global Refurbished Medical Equipment Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2029
6.4. Global Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2029F, 2029F, $ Billion
- Refurbished Medical Equipment Market Regional And Country Analysis
7.1. Global Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2029
7.2. Global Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2029
- Refurbished Medical Equipment Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Refurbished Medical Equipment Market
- Market Future Outlook and Potential Analysis
- Appendix
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