Zion Market Research has published a new report titled “Refurbished Medical Equipment Market by Product (Operating Room Equipment & Surgical Equipment, Patient Monitors, Medical Imaging Equipment, Defibrillators, Cardiovascular & Cardiology Equipment, Neurology Equipment, Endoscopy Equipment, Intensive Care Systems, Neonatal Intensive Care Systems, IV Therapy Systems, and Other Equipments): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022.” ... Read more
Refurbished medical equipment is defined as a restored medical device rebuilt to a condition that is comparable to the new equipment. Refurbishment includes reconditioning, repair, installation of certain software/hardware updates without changing the intended use of the original device, and replacement of worn parts. Technology in terms of software, hardware and others is changing at a faster pace, which shortens the interval between the purchase of superior systems and worn out of ... Read more
According to a new market research report "Refurbished Medical Equipment Market (X-Ray, Ultrasound, MRI, CT Scanner, Nuclear Imaging Systems, Heart-Lung Machine, Surgical, CO2 Monitor, Patient Monitor, Pulse Oximeter, AED Defibrillator, Cath Labs, Neonatal, Endoscopy) - Global Forecast to 2021" published by MarketsandMarkets, the global market is expected to reach USD 11.91 ... Read more
The global Refurbished Medical Equipment Market is estimated to be valued at USD 9.9 billion in 2022 and is expected to exhibit a CAGR of 11.6% over the forecast period of 2023-2032, as highlighted in a new report published by Coherent Market Insights. The growing need for cost-effective medical devices, coupled with the increasing focus on sustainable and green healthcare solutions, is driving the demand for refurbished medical equipment in the market.
The refurbishment of medical devices helps in extending the life of devices and making them more cost-effective. Refurbished medical devices offer significant cost savings compared to new devices while providing the same functionality and performance.
Market key trends:
The rising demand for cost-effective medical devices due to high costs of new medical equipment is a major trend driving the refurbished medical equipment market. Healthcare ... Read more
The refurbished medical equipment market consists of various used medical devices and equipment that have been checked, repaired if necessary and certified for further use. These refurbished equipment find use in clinics, diagnostic centers, small hospitals and nursing homes where they enable the delivery of high-quality care in a cost efficient manner for minor surgeries and everyday use.
The global refurbished medical equipment market is estimated to be valued at US$ 12.33 ... Read more
The refurbished medical equipment market consists of medical devices that have been refurbished or reconditioned. Refurbished medical equipment includes X-ray machines, ultrasound systems, laparoscopy equipment, operating room lights, hospital beds, stretchers, and other devices. These refurbished devices provide significant cost savings compared to purchasing new systems while still offering high performance. Refurbished equipment goes through a meticulous inspection, testing and quality ... Read more
Refurbished medical equipment provides an affordable alternative to purchasing new equipment and involves the upgrading, repairing, and testing of medical devices to extend their usable lifespan. With the growth in the number of hospitals and clinics catering to a large patient pool, there is an increased demand for quality medical equipment at lower costs. This has boosted the refurbished medical equipment market as these reconditioned systems are available at 30%-70% lower prices than new ... Read more
