Refurbished Medical Devices Market by Product Type and by Region

Refurbishment is a firm component of the global healthcare economy since long and is going to stay till there is a need for medical equipment’s in the market. It is one of the persistent essentials in today’s healthcare situation where cost-effectiveness and quality go hand in hand and financial restraints dominate the purchase practices of healthcare suppliers.

Refurbished Medical Devices Market: Drivers & Restraints
The rising number of vases of cardiovascular diseases and cancer are the key factors driving the refurbished medical device market. Moreover, growing privatization in the healthcare area, rising demand for low-cost medical devices owing to economic constraints and growing acceptance of refurbished medical devices in numerous nations are the key factors fuelling the growth of the refurbished medical equipment market during the forecast period. Lack of standardization and synchronization of policies associated with the use and sale of refurbished medical devices is the key challenge encountered by players in the global Refurbished Medical Devices Market.

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Refurbished Medical Devices Market: Segmentation

By Product Type
• Operating Room Devices & Surgical Devices
• Patient Monitors
• Defibrillators
• Neurology Devices
• Medical Imaging Devices
• Cardiovascular & Cardiology Devices
• IV Therapy Systems
• Endoscopy Devices
• Intensive Care Systems
• Neonatal Intensive-Care Devices
• Other Medical Devices

By Geography
• North America
o United States
o Canada

• Europe
o U.K
o Spain
o Germany
o Italy
o France

• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea

• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America

• Middle East & Africa
o Middle-East
o Africa

Refurbished Medical Devices Market: Overview
The patient monitor device accounted for the major share in the market due to the less cost of the product, growing awareness of chronic diseases and technological developments such as innovations of portable patient monitoring devices.

North America leads the refurbished medical devices market due to the increasing trend of medical tourism and growing privatization of the healthcare sector in this region. Asia Pacific is predicted to show high growth owing to growing provision from government and effective reimbursement policies in this region.

Refurbished Medical Devices Market: Key Players
The Refurbished Medical Devices market is highly competitive with a large number of players. Some of the major Companies are Siemens Healthcare systems, First Source Inc., Johnson & Johnson, GE Healthcare, DRE Inc., Block Imaging International Inc., DMS Topline, Radio Oncology Systems Inc., Integrity Medical systems Inc., Everx Pvt Ltd., Philips Healthcare, Agito medical A/S and Soma Technology

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