The Global Refurbished Medical Equipment Market is projected to reach USD 21.2 billion by 2028 from USD 12.1 billion in 2020, growing at a CAGR of 11% from 2022 to 2028.
A refurbished medical device is a device that has been restored to a reusable condition with no changes to its original specifications. The repair process includes removing the old machine and thoroughly servicing all parts, followed by disinfection, cleaning, painting and replacement of damaged or obsolete components. Then the device is sold at a fairly low price compared to a new machine. These advantages allow refurbished equipment to be widely applied throughout hospitals, clinics and other medical institutions.
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Market Segments
By Product Type
- Medical Imaging Systems
- Operating Equipment and Surgical Devices
By Application
- Diagnostic Imaging Systems
- Minimally Invasive Devices
- Biotechnology Instruments
- Others
Key Players
The key players operating in the refurbished equipment market includes Agito Medical A/S, Block Imaging, DRE Medical, Inc., Everx Pvt Ltd., General Electric Company, Integrity Medical Systems, Koninklijke Philips N.V., Radiology Oncology Systems, Inc., Siemens AG, and Soma Technology.
Scope of the Report
The research study analyzes the global Refurbished Medical Equipment industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Refurbished Medical Equipment Market is available at: https://www.orionmarketreports.com/refurbished-medical-equipment-2-market/73130/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Refurbished Medical Equipment Market Report
1. What was the Refurbished Medical Equipment Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Refurbished Medical Equipment Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Refurbished Medical Equipment Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Refurbished Medical Equipment market.
- The market share of the global Refurbished Medical Equipment market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Refurbished Medical Equipment market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Refurbished Medical Equipment market.
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