Device News

Refurbished Medical Equipment Market – Rising Trend of Medical Devices at Low Cost, Market Size & Forecast by 2024

refurbished medical equipment market

A fresh research study by KD Market Insights analyzes and forecasts the Refurbished Medical Equipment Market at both global and regional level. The report provides an analysis of 6 years, in which 2018 is the base year, 2019 as an estimated year and 2019-2024 is forecasted period. The report consists of the overall market size in 2018 and its anticipated growth in a further 6 years. It gives grasp about the high demanding region for Refurbished Medical Equipment. It also includes the factors that drive the growth of the market along with emerging and current opportunities. The competitor’s strategies for long-term and short-term goals are also a key part of this research methodology.

The Refurbished Medical Equipment is likely to mask a CAGR of XX% during the projected period. Further, the market was deliberate at USD XXXX billion in 2018 and is anticipated to reach a valuation of USD XXXX billion by the end of the projected period. Refurbished medical equipment is defined as a restored medical device which includes reconditioning, repair, installation of certain software/hardware that is comparable to the new equipment. Refurbishment medical equipment is available as surgical equipment, medical imaging equipment, neurology equipment, endoscopy equipment, and other medical devices.

Request For Sample Pages @ https://www.kdmarketinsights.com/sample/5209

Growth Drivers & Restrain: The major factors driving the market growth are growing demand for medical devices at low cost, rising trend of medical tourism and a large inventory of old or used medical devices. Moreover, the rising occurrence of cancer and cardiovascular diseases are projected to enhance the growth of refurbished medical equipment. Apart from this, the increasing focus of OEM (original equipment manufacturers) in the refurbishment of the medical device are the key factors that are projected to encourage the growth of the refurbished medical equipment market in coming years. refurbishing-medial-devices

Additionally, the increasing number of hospitals across the globe leading the demand for low-cost medical equipment owing to financial constraints is one of the major factors that have contributed to the growth of the refurbished medical equipment market. Based on product type the refurbished medical equipment market is segmented into surgical equipment’s, patient monitor equipment, medical imaging equipment, neurology equipment, cardiology equipment, and others. The patient monitor equipment covers the largest share in the market owing to the low production cost and increasing awareness for chronic diseases. Moreover, the device exchange programs by operators, retailers, OEMs, and e-commerce players are fueling the trend in both developed and emerging economies which in turn, is increasing the volume of refurbished medical equipment. The e-commerce platforms are expected to provide easy selling and purchasing options for refurbished medical equipment.

Region-wise, North America is the strongest region for the refurbished medical equipment market. The high medical reimbursement facilities and privatization of the healthcare sector in North America are responsible for rapid growth in demand for refurbished medical equipment in this region. According to the American Hospital Association (AHA), the total number of registered hospitals in the U.S. in 2017 were 5,534, which increased to 5,564 in the year 2018. This increasing number of hospitals is fostering the demand for refurbished medical equipment, which in turn is expected to positively influence the growth of the refurbished medical equipment in North America. However, the government regulatory policies for resale of refurbished medical devices is expected to hamper the market growth of refurbished medical equipment over the forecast period.

Segmentation
The research offers a comprehensive analysis of refurbished medical equipment with respect to following sub-markets:

By product Type
– Operating Room and Surgical Equipment
– – Anesthesia Machines
– – CO2 and Agent Monitors
– – Microscopes
– – Electrosurgical Units
– – Others
– Medical Imaging Equipment
– – X-Ray Machines
– – Ultrasound Systems
– – MRI Machines
– – CT Scanners
– – Others
– Neurology Equipment
– Endoscopy Equipment
– Others

By Application
– Hospitals
– Clinics
– Ambulatory Surgical Centers
– Others

By Distribution sales
– Online Store
– Offline Store

By Geography
North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive landscape
The report profiles various major market players such as,

– GE Healthcare
– Siemens Healthcare
– Philips Healthcare
– Ultra Solutions
– Agito Medical
– Soma Technology Inc
– Block Imaging
– Whittemore Enterprises
– Radiology Oncology Systems
– Integrity Medical Systems Inc
– Others Prominent Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as technology information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

See Full Research Study With TOC @ https://www.kdmarketinsights.com/product/refurbished-medical-equipment-market

Table of Content:

Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Products & Issues in Global Refurbished Medical Equipment Market
3. Global Refurbished Medical Equipment Market Trends
4. Opportunities in Global Refurbished Medical Equipment Market
5. Recent Industry Activities, 2018
6. Porter’s Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Products Average Price Analysis, By Country
9. Global Refurbished Medical Equipment Market Value (USD Million), 2018-2024

10. Global Refurbished Medical Equipment Market Segmentation Analysis, By Product Type
10.1. Introduction
10.2. Market Attractiveness, By Product Type
10.3. BPS Analysis, By Product Type
10.4. Operating Room and Surgical Equipment Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.4.1. Anesthesia Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.4.2. CO2 and Agent Monitors Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.4.3. Microscopes Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.4.4. Electrosurgical Units Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.4.5. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.5. Medical Imaging Equipment Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.5.1. X-Ray Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.5.2. Ultrasound Systems Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.5.3. MRI Machines Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.5.4. CT Scanners Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.5.5. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.6. Neurology Equipment Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.7. Endoscopy Equipment Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
10.8. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024

11. Global Refurbished Medical Equipment Market Segmentation Analysis, By Applications
11.1. Introduction
11.2. Market Attractiveness, By Applications
11.3. BPS Analysis, By Applications
11.4. Hospitals Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
11.5. Clinics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
11.6. Ambulatory surgical centers Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
11.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024

12. Global Refurbished Medical Equipment Market Segmentation Analysis, By Distribution Channel
12.1. Introduction
12.2. Market Attractiveness, By Distribution Channel
12.3. BPS Analysis, By Distribution Channel
12.4. Online Store Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024
12.5. Offline Store Market Value (USD Million) Forecast & Y-o-Y Growth Analysis, 2018-2024

[email protected]….

Check For discount (Single User $3750 USD) @ https://www.kdmarketinsights.com/discount/5209 About Us:

KD Market Insights offers a comprehensive database of syndicated research studies, customized reports, and consulting services. These reports are created to help in making smart, instant and crucial decisions based on extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Our dedicated in-house team ensures the reports satisfy the requirement of the client. We aim at providing value service to our clients. Our reports are backed by extensive industry coverage and is made sure to give importance to the specific needs of our clients. The main idea is to enable our clients to make an informed decision, by keeping them and ourselves up to date with the latest trends in the market.

Contact Us:

KD Market Insights

150 State Street,

Albany, New York,

USA 12207

+1 (518) 300-1215

Email: [email protected]

Website: www.kdmarketinsights.com

More News @ https://marketnewsbizz.com/2019/06/sleeping-aids-market-rising-occurrence-of-sleeping-disorders-a-major-factor/

About the author

Sharan Stone

Sharan Stone

Sharan comes to Market Research Tab with more than 7 years of experience as an editor. Sharan has his fingers firmly placed on the pulse of the business world and he covers retail, construction, and other industries as an editor for Market Research Tab. Email: [email protected]

Add Comment

Click here to post a comment

Need Your Support

Please Support Us to publish free guest post

Support

Contact

Market Research Tab Inc.
600 B Street Suite 300,
San Diego CA 92101.