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According to the new market research report\u00a0\u201cRefurbished Medical Equipment Market by Product (Medical Imaging, Intensive Care Equipment, OR Equipment, Patient Monitors), Application (Cardiology, Neurology, Urology, Oncology), End User (Hospitals, Diagnostic Imaging Centers)-Global Forecasts to 2025\u201d<\/strong>, published by MarketsandMarkets Download PDF Brochure:<\/strong>\u00a0 The growth of the global refurbished medical equipment market can be attributed to factors such as hospital budget cuts, a large inventory of used or old medical devises, rising demand for capital-intensive diagnostic imaging equipment, e-commerce platform enhancing the ease of purchase of refurbished medical equipment, growing preference for eco-friendly products, an increasing number of diagnostic centers & hospitals, and the growing opportunities in emerging economies.<\/p>\n However, factors such as stringent regulations on the import and use of refurbished medical devices in certain countries, lack in the standardization of policies for the use & sale of refurbished devices, increase in the influx of low-cost new medical devices, and the negative perception about the quality of refurbished medical devices are expected to restrain the market growth. Furthermore, the growth of the market is expected to be slowed temporarily due to the COVID-19 pandemic during the forecast period.<\/p>\n The medical imaging equipment segment accounted for the largest share of the market in 2019<\/p>\n <\/strong>Based on product, the refurbished medical equipment market is segmented into medical imaging equipment, operating room & surgical equipment, patient monitors, cardiology equipment, urology equipment, neurology equipment, intensive care equipment, endoscopy equipment, IV therapy systems, and other medical equipment. The medical imaging equipment segment accounted for the largest share of the market in 2019. The large share of this segment can be attributed to factors such as the presence of a large number of products under this segment and their high utility in the healthcare and clinical space, the ability of this equipment to last for many years, growing demand for early disease diagnosis and non-invasive diagnostic imaging, a growing number of hospitals as well as diagnostic imaging centers across the world, and the budget constrains to purchase new equipment among end users.<\/p>\n Browse\u00a0in-depth TOC on<\/em>\u00a0\u201c<\/strong>Refurbished Medical Equipment Market<\/a>\u201c<\/p>\n 154 \u2013 Tables <\/strong>Diagnostic Imaging Centers to grow at the fastest rate in the refurbished medical equipment market during the forecast period (2020-2025)<\/p>\n <\/strong>Based on end users, the global refurbished medical equipment market has been segmented into hospitals, ambulatory surgical centers, diagnostic imaging centers, and other end users. The diagnostic imaging centers segment accounted for the highest CAGR during the forecast period 2020-2025. Owing to the favorable outlook for the diagnostic imaging industry, the growing number of diagnostic imaging centers in developing as well as developed economies, the rising prevalence of chronic diseases, and growing awareness on early diagnosis are some of the factors responsible for the high growth of this market segment.<\/p>\n Asia Pacific<\/span>\u00a0market to grow at the highest CAGR during the forecast period (2020-2025)<\/p>\n <\/strong>Geographically, the market is segmented into\u00a0North America<\/span>,\u00a0Europe<\/span>, the\u00a0Asia Pacific<\/span>,\u00a0Latin America<\/span>, and the\u00a0Middle East<\/span>\u00a0&\u00a0Africa<\/span>. The\u00a0Asia Pacific<\/span>\u00a0market is estimated to grow at the highest CAGR during the forecast period. This can be attributed to the large patient pool in the region., increasing privatization in the healthcare sector, huge patient population base, and high demand for refurbished medical equipment by low-budget hospitals and clinics.<\/p>\n Request Sample Pages: <\/strong>As of 2019, the key players operating in the global refurbished medical equipment market are GE Healthcare (US), Siemens Healthineers (Germany<\/span>), Koninklijke Philips N.V. (Netherlands<\/span>), Block Imaging (US), SOMA TECH INTL. (US), Avante Health Solutions (US), Hilditch Group (UK), Everx Pvt Ltd. (Australia<\/span>), Integrity Medical Systems, Inc. (US), Radiology Oncology Systems, Inc. (US), Master Medical Equipment (US), US Med-Equip (US), Fair Medical Co. Ltd. (Japan<\/span>), Future Health Concepts (US), US Medical Systems, LLC. (US), Nationwide Imaging Services (US), Pacific Healthcare Imaging, LLC (US), Venture Medical ReQuip, Inc. (US), Desert Tech Medical Systems (US), Hi Tech International Group, Inc. (US), CURA Healthcare (India<\/span>),\u00a0JAPAN<\/span>\u00a0CENTRAL MEDICAL, INC. (Japan<\/span>), HOYU AND CO., LTD. (Japan<\/span>), Sanrad Medical Systems (India<\/span>), BOND\u00a0JAPAN<\/span>\u00a0CO., LTD. (Japan<\/span>), FlexrayMedical ApS (Denmark<\/span>), Amber Diagnostics (US), Rhombus Medical Equipment., LLC (UAE), Blue Start Limited (India<\/span>), and Cielo Co., Ltd (Japan<\/span>).<\/p>\n Mr. Ashish Mehra The post Refurbished Medical Equipment Market Worth $21.2 Billion by 2025<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" According to the new market research report “Refurbished Medical Equipment Market by Product (Medical Imaging, Intensive Care Equipment, OR Equipment, Patient Monitors), Application (Cardiology, Neurology, Urology, Oncology), End User (Hospitals, Diagnostic Imaging Centers)-Global Forecasts to 2025”, published by MarketsandMarkets™, the Refurbished Medical Equipment Market is projected to reach USD 21.2 billion by 2025 from USD 12.1 billion in 2020, growing at […]<\/p>\n The post Refurbished Medical Equipment Market Worth $21.2 Billion by 2025<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n![\"\u2122\"](\"https:\/\/s.w.org\/images\/core\/emoji\/12.0.0-1\/72x72\/2122.png\")
, the\u00a0Refurbished Medical Equipment Market is projected to reach\u00a0USD 21.2 billion<\/span>\u00a0by 2025 from\u00a0USD 12.1 billion<\/span>\u00a0in 2020, growing at a CAGR of 11.8% from 2020 to 2025.<\/p>\n
https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=770<\/a><\/p>\n
<\/strong>23 \u2013 Figures\u00a0\u00a0
<\/strong>214 \u2013 Pages<\/p>\n
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