Global Refurbished Medical Equipment Market By Type (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, Others), By Application (Cardiology, Neurology, Urology, Oncology, Others), By Source (Domestic, Import), By End user(Hospital, Diagnostic Imaging Centers),By Company, By Region, Forecast & Opportunities, 2027

  • Industry : Healthcare
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Global refurbished medical equipment market is expected to grow at an impressive rate during the forecast period. The global refurbished medical equipment is driven by the improving healthcare infrastructure and penetration of large hospital chains especially in the developing regions such as Asia Pacific. Additionally, other factors which are responsible for growth of refurbished medical equipment are large inventory of old or used medical devices and cost containment pressure on healthcare organization. Furthermore, growing preference for buying eco-friendly products and easy availability of refurbished medical equipment on different e-commerce platforms is expected to fuel the market growth through 2027.

The global refurbished medical equipment market is segmented based on type, application, source, end user, company and region. Based on type, the market can be categorized 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 others. The medical imaging equipment is expected to dominate the market during the forecast period. This can be ascribed to the widespread use of different medical imaging equipment such as X-Ray Machines, Ultrasound Systems, MRI Machines, CT Scanners, among others in various hospitals, clinics, laboratories, among others for diagnostics purpose.

The major players operating in the global refurbished medical equipment market are Koninklijke Philips N.V., Block Imaging, Integrity Medical Systems, Inc, Fair Medical Co. Ltd., Pacific Healthcare Imaging, LLC, Hi Tech International Group, Inc., Rhombus Medical Equipment., LLC, Everx Pvt Ltd, Cielo Co., Ltd, US Medical Systems LLC.

Objective of the Study:

  • To analyze and estimate the market size of global refurbished medical equipment market from 2017 to 2020.
  • To estimate and forecast the market size of global refurbished medical equipment market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global refurbished medical equipment market based on type, application, source, end user, company and regional distribution.
  • To identify dominant region or segment in the global refurbished medical equipment market.
  • To identify drivers and challenges for global refurbished medical equipment market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global refurbished medical equipment Market.
  • To identify and analyze the profile of leading players operating in global refurbished medical equipment market.
  • To identify key sustainable strategies adopted by market players in global refurbished medical equipment market.

   

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of refurbished medical equipment providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the refurbished medical equipment providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the refurbished medical equipment providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global refurbished medical equipment market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Refurbished medical equipment providers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to refurbished medical equipment

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as refurbished medical equipment providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Application

·         Source

·         End User

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; South Korea; Singapore; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa

Key Companies Profiled

Koninklijke Philips N.V., Block Imaging, Integrity Medical Systems, Inc, Fair Medical Co. Ltd., Pacific Healthcare Imaging, LLC, Hi Tech International Group, Inc., Rhombus Medical Equipment., LLC, Everx Pvt Ltd, Cielo Co., Ltd, US Medical Systems LLC.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global refurbished medical equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Refurbished Medical Equipment Market, By Type:
    • 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
    • Others
  • Global Refurbished Medical Equipment Market, By Application:
    • Cardiology
    • Neurology
    • Urology
    • Oncology
    • Others
  • Global Refurbished Medical Equipment Market, By Source:
    • Domestic
    • Import
  • Global Refurbished Medical Equipment Market, By End User:
    • Hospitals
    • Diagnostic Imaging Centers
  • Global Refurbished Medical Equipment Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Singapore
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global refurbished medical equipment market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Refurbished Medical Equipment market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Refurbished Medical Equipment Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Refurbished Medical Equipment Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (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, Others)

6.2.2.     By Application (Cardiology, Neurology, Urology, Oncology, Others)

6.2.3.     By Source (Domestic, Import)

6.2.4.     By End User (Hospitals, Diagnostic Imaging Centers)

6.2.5.     By Company (2021)

6.2.6.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Refurbished Medical Equipment Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Application

7.2.3.     By Source

7.2.4.     By End User

7.2.5.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Refurbished Medical Equipment Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Application

7.3.1.2.3.             By End User

7.3.2.     India Refurbished Medical Equipment Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Application

7.3.2.2.3.             By End User

7.3.3.     Japan Refurbished Medical Equipment Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Application

7.3.3.2.3.             By End User

7.3.4.     South Korea Refurbished Medical Equipment Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Application

7.3.4.2.3.             By End User

7.3.5.     Indonesia Refurbished Medical Equipment Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Application

7.3.5.2.3.             By End User

8.    Europe Refurbished Medical Equipment Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Application

8.2.3.     By Source

8.2.4.     By End User

8.2.5.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Refurbished Medical Equipment Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Application

8.3.1.2.3.             By End User

8.3.2.     Germany Refurbished Medical Equipment Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Application

8.3.2.2.3.             By End User

8.3.3.     United Kingdom Refurbished Medical Equipment Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Application

8.3.3.2.3.             By End User

8.3.4.     Italy Refurbished Medical Equipment Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Application

8.3.4.2.3.             By End User

8.3.5.     Spain Refurbished Medical Equipment Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Application

8.3.5.2.3.             By End User

9.    North America Refurbished Medical Equipment Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Application

9.2.3.     By Source

9.2.4.     By End User

9.2.5.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Refurbished Medical Equipment Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Application

9.3.1.2.3.             By End User

9.3.2.     Mexico Refurbished Medical Equipment Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Application

9.3.2.2.3.             By End User

9.3.3.     Canada Refurbished Medical Equipment Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Application

9.3.3.2.3.             By End User

10.  South America Refurbished Medical Equipment Market Outlook

10.1.              Market Size & Forecast

10.1.1.   By Value

10.2.              Market Share & Forecast

10.2.1.   By Type

10.2.2.   By Application

10.2.3.   By Source

10.2.4.   By End User

10.2.5.   By Country

10.3.              South America: Country Analysis

10.3.1.   Brazil Refurbished Medical Equipment Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Application

10.3.1.2.3.           By End User

10.3.2.   Argentina Refurbished Medical Equipment Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Application

10.3.2.2.3.           By End User

10.3.3.   Colombia Refurbished Medical Equipment Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Application

10.3.3.2.3.           By End User

11.  Middle East and Africa Refurbished Medical Equipment Market Outlook

11.1.              Market Size & Forecast

11.1.1.   By Value

11.2.              Market Share & Forecast

11.2.1.   By Type

11.2.2.   By Application

11.2.3.   By Source

11.2.4.   By End User

11.2.5.   By Country

11.3.              MEA: Country Analysis

11.3.1.   South Africa Refurbished Medical Equipment Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Application

11.3.1.2.3.           By End User

11.3.2.   Saudi Arabia Refurbished Medical Equipment Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Application

11.3.2.2.3.           By End User

11.3.3.   UAE Refurbished Medical Equipment Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Application

11.3.3.2.3.           By End User

11.3.4.   Nigeria Refurbished Medical Equipment Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Type

11.3.4.2.2.           By Application

11.3.4.2.3.           By End User

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Koninklijke Philips N.V. 

14.2.              Block Imaging

14.3.              Integrity Medical Systems, Inc

14.4.              Fair Medical Co. Ltd.

14.5.              Pacific Healthcare Imaging, LLC 

14.6.              Hi Tech International Group, Inc.

14.7.              Rhombus Medical Equipment., LLC

14.8.              Everx Pvt Ltd.

14.9.              Cielo Co., Ltd 

14.10.            US Medical Systems LLC

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Large inventory of old or used medical devices and cost containment pressure on healthcare organization are driving the growth of the global refurbished medical equipment market in the forecast years, 2023-2027.

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Koninklijke Philips N.V., Block Imaging, Integrity Medical Systems, Inc, Fair Medical Co. Ltd., Pacific Healthcare Imaging, LLC, Hi Tech International Group, Inc., among others are leading the global refurbished medical equipment market in the forecast period, 2023-2027.

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The global refurbished medical equipment market analysis was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2020 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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Sakshi Bajaal

Business Consultant
Press Release

Refurbished Medical Equipment Market to grow at an impressive rate During the Forecast Period

Apr, 2021

Increasing number of hospitals are expected to drive the growth of global refurbished medical equipment market.

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