Covid-19 impact on - Refurbished Medical Equipment Market 2020 Industry Research, Share, Trend, Industry Size, Price, Future Analysis, Regional Outlook to 2026 Research Report | DBMR Updates

Global Refurbished Medical Equipment Market report has an assessment of the factors influencing the supply and demand of the related products and services, and challenges reckoned by market players. It has projected strong upcoming growth of the market. The Refurbished Medical Equipment Market research report combines secondary research which includes reference to different statistical databases, related patent and regulatory bibliography and a number of internal and external proprietary information. The report starts with a market outlook together with the data integration and capabilities study with the appropriate findings. With the help of key information and market insights from technical and marketing experts, this market report offers an objective estimation of the Refurbished Medical Equipment market.

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Global refurbished medical equipment market is registering a healthy CAGR of 13.30% in the forecast period of 2019-2026. This rise in the market can be attributed to the surging preference in the private healthcare sector for refurbished medical equipment.

Market Analysis: Global Refurbished Medical Equipment Market

Few of the major market competitors currently working in the global refurbished medical equipment market are General Electric Company, Koninklijke Philips N.V., Siemens, Block Imaging, DRE Medical, Radiology Oncology Systems, Soma Technology, Inc., Everx Pvt Ltd., Integrity Medical Systems, Inc., Johnson & Johnson Services, Inc., DMS Health Technologies, First Source, Inc., Canon India Pvt Ltd., Stryker, CANON MEDICAL SYSTEMS CORPORATION, FUJIFILM Holdings Corporation, Atlantis Wordwide, RMS, Master Medical Equipment, US Med-Equip, Inc, among others.

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Market Analysis:
Besides target market information, DBMR also provides information about your competitor, your customers, products etc. A few techniques we use are:
Customer analysis
Competitor analysis
Risk analysis
Product research
Advertising research
E-mail survey and many more...

Market Definition: Global Refurbished Medical Equipment Market

Refurbishment is an extremely structured practice for checking the effectiveness and safety of a used device so that all safety applications are cheked before the equipment can be reused without any complexities its use as per the initial registration. Its operating life also plays a crucial role in qualifying equipment as refurbished or remanufactured.

Segmentation: Global Refurbished Medical Equipment Market

Refurbished Medical Equipment Market : By Product

Medical Imaging Equipment
Operating Room & Surgical Equipment
Patient Monitors
Cardiovascular & Cardiology Equipment
Defibrillators
Neurology Equipment
Neonatal Intensive-Care Equipment
Intensive Care Systems
Endoscopy Equipment
Intravenous (IV) Therapy Systems
Other Medical Equipment

Refurbished Medical Equipment Market : By End-User

Hospitals
Diagnostic Centers
Ambulatory Surgical Centers
Others

Refurbished Medical Equipment Market : By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Key Developments in the Market:

In April 2019, TTG Healthcare, LLC has completed the acquisition of Absolute Imaging Solutions. TTG has merged its equipment services into AIS, which offers services and sales to physician practices, imaging providers and hospitals. This acquisition will help in the growth of the company.
In August 2018, Royal Philips completed the acquisition of Xhale Assurance. This purchase will distinguish its current portfolio oxygen saturation monitoring solutions and enable it to grow into an underserved clinical section.

Refurbished Medical Equipment Market Drivers

Surging preferences in the private healthcare sector for refurbished medical equipment is driving the market growth
Rising aging population is helping the market to grow
Increasing incidence of chronic diseases is flourishing the growth of the market
Increasing trend of refurbished devices purchase due to budget constrain drives the market growth

Refurbished Medical Equipment Market Restraints

Perception about the compromise in quality of refurbished medical equipment hinders the market growth
Lack of information about refurbished equipment restricts the market growth
Risk of quality and accuracy of the product hampers the market growth

This all-inclusive Refurbished Medical Equipment Market report sheds light on each region, market size in terms of USD Mn for every individual segment and their sub-segment for the period from 2020 to 2026, considering the macro and micro situation factors. The document gives a brief introduction to the research report outlook, TOC, list of tables and figures & an outlook to key players of the market comprising key regions. An extensive summary of the Refurbished Medical Equipment Market has prominent market that includes several major market leaders in the report. The report necessitates an in-depth analysis pertaining to the product manufactured by the vendors combining with the product application range.

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