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.
The Global Refurbished Medical Equipment Market report is dubbed as the first study encompassing the current situation of the Refurbished Medical Equipment market that is gravely impacted by the COVID-19 outbreak. The global health emergency has drastically affected the global economy, causing significant repercussions on this particular business sphere. The deadly viral outbreak and the subsequent global lockdown enforcement have beleaguered the Refurbished Medical Equipment business landscape. Moreover, it has impeded the developmental scope of various manufacturers and buyers involved in this sector. Thus, the report offers insightful speculations about the post-COVID-19 scenario of the Refurbished Medical Equipment industry.
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Key companies profiled in the report include:
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
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Refurbished Medical Equipment market?
What are the key product types and applications of the Refurbished Medical Equipment industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Refurbished Medical Equipment market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Refurbished Medical Equipment Market by 2027?
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Market 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:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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