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Refurbished Medical Equipment Market 2025 | Top Companies includes Like Agito Medical, Block Imaging, DRE Medical, Everx

03-27-2019 10:24 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Refurbished Medical Equipment Market 2025 | Top Companies

Purchasing refurbished medical equipment is becoming an attractive option for most of the hospitals and diagnostic centers. Now-a-days most of the diagnostic, therapeutic, and patient monitoring medical equipment such as AEDs, defibrillators, ECGs, vital sign monitors, pulse oximeters, spirometers, ventilators, IV pumps, and respiratory devices can be acquired as refurbished equipment at a reduced cost.

The global refurbished equipment market is expected to witness significant growth during the forecast period due to a large patient population base suffering from chronic diseases such as cancer and cardiovascular diseases worldwide and an increasing demand for low-cost medical devices due to budget constraints in developing nations.

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In addition, the factors such as an increasing number of private hospitals which purchase refurbished devices due to budget constraints, unfavorable reimbursement scenarios for various medical treatments, and increasing initiatives taken by the leading medical device manufacturers to establish refurbished facilities in developed and developing countries have fueled the demand for refurbished equipment. However, reluctance to purchase refurbished medical devices due to the lack of awareness about the benefits of these devices and lack of standardization of policies related to the sale and use of refurbished medical devices hamper the market growth.

Major Players:

• 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

The refurbished equipment market is segmented based on type and region. Based on product type, the market is divided into operating room equipment & surgical equipment, patient monitors, defibrillators, medical imaging equipment, cardiovascular & cardiology equipment, x-ray machines, neurology equipment, endoscopy equipment, intensive care systems, neonatal intensive care systems, IV therapy systems, and other equipment. The market is analyzed based on four geographical regions, which include North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits:

• This report provides an extensive analysis of the current and emerging market trends and dynamics in the global refurbished medical equipment market.
• Comprehensive analysis of geographical regions is provided to determine the prevailing opportunities in the global market.
• This study provides the competitive landscape of the global market to predict the competitive environment across geographies.
• This report entails the detailed quantitative analysis of the current market and estimations from 2014 to 2022 to identify the prevailing opportunities.

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About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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