Refurbished Medical Equipment Market

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

Report Code: MD 3122 May, 2020, by marketsandmarkets.com

[214 Pages Report] The global refurbished medical equipment market is projected to reach USD 21.2 billion by 2025 from USD 12.1 billion in 2020, growing at a CAGR of 11.8% from 2020 to 2025. 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. 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.

Refurbished Medical Equipment Market, by Product, 2016 (USD Billion)

By product, the refurbished medical imaging equipment segment is expected to hold the highest share of the market in 2019.

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 was estimated to account for the highest share 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.

By application, the diagnostics segment is expected to account for the largest share of the refurbished medical equipment market in 2019.

Based on procedure, the refurbished medical equipment market is segmented into diagnostic and therapeutic procedures segments. The diagnostic procedures segment accounted for a larger share of the market in 2019. The rising demand for diagnostic imaging procedures, the high price of new medical imaging equipment, a growing number of target diseases, widening application of diagnostic imaging procedures, regulatory approvals in using refurbished medical equipment, low purchasing power in emerging economies, and established & government validated refurbishment processes adopted by major OEMs are factors expected to drive the growth of this market segment in the coming years.

By end users, the hospitals' segment is expected to account for the largest share of the refurbished medical equipment market in 2019.

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 hospitals' segment accounted for the largest share of the market in 2019. The rising adoption of refurbished medical equipment, increasing focus of hospitals on providing affordable treatment and care, and growing emphasis on high returns on investment are some of the key factors driving the growth of this market

Refurbished Medical Equipment Market, by Product, 2016 (USD Billion)

The Asia Pacific market is expected to grow at the fastest rate in the refurbished medical equipment market during the forecast period.

Geographically, this market is classified into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific market 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.

Key Market Players

As of 2019, the key players operating in the global refurbished medical equipment market are GE Healthcare (US), Siemens Healthineers (Germany), Koninklijke Philips N.V. (Netherlands), Block Imaging (US), SOMA TECH INTL. (US), Avante Health Solutions (US), Hilditch Group (UK), Everx Pvt Ltd. (Australia), Integrity Medical Systems, Inc. (US), Radiology Oncology Systems, Inc. (US), Master Medical Equipment (US), US Med-Equip (US), Fair Medical Co. Ltd. (Japan), 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), JAPAN CENTRAL MEDICAL, INC. (Japan), HOYU AND CO., LTD. (Japan), Sanrad Medical Systems (India), BOND JAPAN CO., LTD. (Japan), FlexrayMedical ApS (Denmark), Amber Diagnostics (US), Rhombus Medical Equipment., LLC (UAE), Blue Start Limited (India), and Cielo Co., Ltd (Japan).

GE Healthcare (US) is the leading player in the global refurbished medical equipment market. The company’s strategic initiatives for organic & inorganic growth has helped the firm garner a large share of this market. The company’s Healthcare Systems business segment provides refurbished medical equipment, and it has consistently gained revenue for the past three years, thereby augmenting sales for this market during the forecast period.

Siemens Healthineers (Germany) is the second-largest player in the global refurbished medical equipment market that offers refurbished products through its ‘ecoline’ product portfolio. The company’s Imaging and Advanced Therapeutics business segments have witnessed about 9-10% growth in the past two years. These segments offer refurbished medical imaging products. The company’s geographic expansion and growth in revenues from regions across the world are indicative of the firms' stronghold in the global refurbished medical equipment market.

Koninklijke Philips N.V. (Netherlands) is a key player in the global refurbished medical equipment market that has pioneered the refurbishment process through its focus on the circular economy. The company held a share of 12% of its overall revenue from the circular economy and has targeted to achieve 15% of its revenue from the circular economy by 2020. It is estimated that the company projects to achieve higher double-digit growth in the refurbished medical equipment market, which constitutes annually about 60% of its circular economy revenue.

Scope of the Report

Report Metric

Details

Market size available for years

2018–2025

Base year considered

2019

Forecast period

2020–2025

Forecast units

Value (USD)

Segments covered

Product, Application, End User, and Region

Geographies covered

North America (US & Canada), Europe (Germany, France, UK, Italy, Spain, and RoE), APAC (Japan, China, India, Australia, South Korea, and RoAPAC), Latin America (Brazil, Mexico, and RoLATAM), and the Middle East and Africa

Companies covered
(20 major players)

GE Healthcare (US), Siemens Healthineers (Germany), Koninklijke Philips N.V. (Netherlands), Block Imaging (US), SOMA TECH INTL. (US), US Med-Equip (US), Avante Health Solutions (US), Everx Pvt Ltd. (Australia), Integrity Medical Systems, Inc. (US), Radiology Oncology Systems, Inc. (US), Master Medical Equipment (US), Hilditch Group (UK), Fair Medical Co. Ltd. (Japan), 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).

This research report categorizes the refurbished medical equipment market based on product, application, end user, and region.

By Product

  • Medical Imaging Equipment
    • X-ray Machines
    • Ultrasound Systems
    • MRI Machines
    • CT Scanners
    • Nuclear Imaging Systems
    • Other Medical Imaging Equipment
  • Operating Room & Surgical Equipment
    • Anesthesia Machines
    • Operating Room Tables & Lights
    • Surgical Displays
    • Electrosurgical Units
    • Other Operating Room & Surgical Equipment
  • Patient Monitors
    • Multi-parameter Monitors
    • Electrocardiography Devices
    • Pulse Oximeters
    • Mobile Cardiac Telemetry Devices
    • Non-invasive Blood Pressure Monitors
    • Fetal Monitors
    • Other Patient Monitors
  • Cardiology Equipment
    • Heart-lung Machines
    • Defibrillators
    • Other Cardiology Equipment
  • Urology Equipment
    • Dialysis Machines
    • Lithotripsy Devices
  • Neurology Equipment
    • EEG Machines
    • EMG Machines
  • Intensive Care Equipment
    • Ventilators
    • Infant Incubators and Warmers
  • Endoscopy Equipment
  • IV Therapy Systems
  • Other Medical Equipment

By Application

  • Diagnostic
    • Cardiology
    • Urology
    • Neurology
    • Orthopedics
    • Physiology
    • Emergency Medicine
    • Oncology
    • Obstetrics/Gynecology (OB/GYN)
    • Other Diagnostic Applications
  • Therapeutic
    • Cardiology
    • Urology
    • Neurology
    • Orthopedics
    • Physiology
    • Emergency Medicine
    • Oncology
    • Obstetrics/Gynecology (OB/GYN)
    • Other Therapeutic Applications

By End User

  • Hospitals
  • Ambulatory Care Centers
  • Diagnostic Imaging Centers
  • Other End Users

By Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe (RoE)
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of the Asia Pacific (RoAPAC)
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America (Rest of LATAM)
  • The Middle East and Africa

Recent Developments

  • In 2020, Siemens Healthineers (Germany) and Hamilton Health Sciences (Canada) have signed a 15 years contract that can be extended by another 10 years to provide comprehensive services for the latest imaging equipment at Hamilton Health Sciences hospitals in Canada. The deal size was approximately USD 192 million.
  •  In 2019, US Med-Equip (US) acquired Medical Support Products (US) to increase the capability, national expansion, and provide greater product and service solutions across the US
  • In 2019, Avante Health Solutions opened a new Charlotte facility in North Carolina, US. This will house three business divisions of the company viz., Avante Diagnostic Imaging, Avante Oncology, and Avante Ultrasound
  • In 2018, Koninklijke Philips (Netherlands) acquired AGITO Medical (Denmark), strengthening its refurbished medical equipment portfolio of products, parts, and services.
  • In 2017, US Med-Equip  (US), and the Owner-Research group (US) signed a partnership to augment the economy and medical equipment products and services across hospitals in the US.

Key questions addressed by the report:

  • What are the key growth opportunities related to the adoption of refurbished medical equipment across major regions in the future?
  • Who are the major players in the refurbished medical equipment market?
  • What would be the extent of the adoption of refurbished medical equipment products across different geographies?
  • What are the various diagnostic and therapeutic applications wherein refurbished medical equipment products find a high adoption rate?
  • What is the regulatory scenario prevailing across major regions of the world with respect to refurbished medical equipment?
  • Who are the major end users adopting refurbished medical equipment products?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 21)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 MARKET SCOPE
           1.3.1 MARKETS COVERED
           1.3.2 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 26)
    2.1 RESEARCH DATA
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakdown of primaries
    2.2 MARKET ESTIMATION METHODOLOGY
           2.2.1 REVENUE MAPPING-BASED MARKET ESTIMATION
           2.2.2 USAGE-BASED MARKET ESTIMATION
           2.2.3 PRIMARY RESEARCH VALIDATION
    2.3 DATA TRIANGULATION METHODOLOGY
    2.4 RESEARCH ASSUMPTIONS
    2.5 RESEARCH LIMITATIONS
    2.6 RISK FACTORS

3 EXECUTIVE SUMMARY (Page No. - 34)

4 PREMIUM INSIGHTS (Page No. - 39)
    4.1 REFURBISHED MEDICAL EQUIPMENT MARKET OVERVIEW
    4.2 REFURBISHED MEDICAL EQUIPMENT MARKET, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
    4.3 REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT AND REGION (USD MILLION)
    4.4 REFURBISHED MEDICAL EQUIPMENT MARKET SHARE, BY END USER, 2020 VS. 2025
    4.5 GEOGRAPHICAL SNAPSHOT OF THE REFURBISHED MEDICAL EQUIPMENT MARKET

5 MARKET OVERVIEW (Page No. - 43)
    5.1 INTRODUCTION
           5.1.1 DRIVERS
                    5.1.1.1 Hospital budget cuts
                    5.1.1.2 Large inventory of used or old medical devices
                    5.1.1.3 Rising demand for capital-intensive diagnostic imaging equipment
                    5.1.1.4 Emergence of e-commerce portals as attractive platforms for refurbished medical equipment
                    5.1.1.5 Growing preference for eco-friendly products
           5.1.2 RESTRAINTS
                    5.1.2.1 Negative perception about the quality of refurbished medical equipment
           5.1.3 OPPORTUNITIES
                    5.1.3.1 Increasing number of diagnostic centers & hospitals
                    5.1.3.2 Emerging markets
           5.1.4 CHALLENGES
                    5.1.4.1 Stringent regulations on the import and use of refurbished medical equipment in certain countries
                    5.1.4.2 Lack of standardized policies for the use and sale of refurbished equipment
                    5.1.4.3 Increase in the influx of low-cost new medical devices

6 REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT (Page No. - 54)
    6.1 INTRODUCTION
    6.2 MEDICAL IMAGING EQUIPMENT
           6.2.1 CT SCANNERS
                    6.2.1.1 Growing adoption of refurbished CT scanners to drive market growth
           6.2.2 MRI MACHINES
                    6.2.2.1 Declining reimbursement rates for MRI procedures to drive market growth
           6.2.3 X-RAY MACHINES
                    6.2.3.1 Significant cost savings associated with the use of refurbished X-ray machines likely to drive market growth
           6.2.4 NUCLEAR IMAGING SYSTEMS
                    6.2.4.1 Public-private investments for the purchase of high-end nuclear imaging systems to limit market growth
           6.2.5 ULTRASOUND SYSTEMS
                    6.2.5.1 Growing preference for refurbished ultrasound systems to drive market growth
           6.2.6 OTHER MEDICAL IMAGING EQUIPMENT
    6.3 OPERATING ROOM & SURGICAL EQUIPMENT
           6.3.1 ANESTHESIA MACHINES
                    6.3.1.1 Cost-effective refurbished anesthesia machines offered by third-party suppliers to support market growth
           6.3.2 ELECTROSURGICAL UNITS
                    6.3.2.1 The launch of technologically advanced products likely to hamper the growth of the market in mature geographies
           6.3.3 OPERATING ROOM TABLES & LIGHTS
                    6.3.3.1 The high cost of operating room tables & lights is a key factor limiting market growth
           6.3.4 SURGICAL DISPLAYS
                    6.3.4.1 The fluctuating average selling prices of display panels likely to support market growth
           6.3.5 OTHER OPERATING ROOM & SURGICAL EQUIPMENT
    6.4 PATIENT MONITORS
           6.4.1 MULTI-PARAMETER MONITORS
                    6.4.1.1 Advantages of multi-parameter monitors over single parameter monitors likely to contribute to market growth
           6.4.2 FETAL MONITORS
                    6.4.2.1 Increasing prevalence of obstetric complications and preterm births are driving market growth
           6.4.3 ELECTROCARDIOGRAPHY DEVICES
                    6.4.3.1 Cost savings associated with refurbished ECG devices likely to drive market growth during the forecast period
           6.4.4 PULSE OXIMETERS
                    6.4.4.1 Introduction of single-use pulse oximeters likely to hamper the growth of the market
           6.4.5 MOBILE CARDIAC TELEMETRY DEVICES
                    6.4.5.1 Increasing demand for cardiac monitoring solutions in home care settings to drive market growth
           6.4.6 NON-INVASIVE BLOOD PRESSURE MONITORS
                    6.4.6.1 Rising incidence of hypertension to drive the growth of this market segment
           6.4.7 OTHER PATIENT MONITORS
    6.5 CARDIOLOGY EQUIPMENT
           6.5.1 DEFIBRILLATORS
                    6.5.1.1 Increasing cases of CVDs and demand for refurbished defibrillators from low-income countries likely to support market growth
           6.5.2 HEART-LUNG MACHINES
                    6.5.2.1 Increasing cardiovascular surgeries likely to support market growth
           6.5.3 OTHER CARDIOLOGY EQUIPMENT
    6.6 UROLOGY EQUIPMENT
           6.6.1 DIALYSIS MACHINES
                    6.6.1.1 Development of low-cost dialysis products to restrain market growth
           6.6.2 LITHOTRIPSY DEVICES
                    6.6.2.1 Rising cases of kidney and ureteric stones likely to increase the demand for refurbished lithotripsy devices
    6.7 NEUROLOGY EQUIPMENT
           6.7.1 EMG MACHINES
                    6.7.1.1 The high demand for refurbished EMG devices is mainly due to the increasing prevalence of neuromuscular diseases
           6.7.2 EEG MACHINES
                    6.7.2.1 Reimbursement cuts likely to increase the adoption of refurbished EEG machines
    6.8 INTENSIVE CARE EQUIPMENT
           6.8.1 VENTILATORS
                    6.8.1.1 COVID-19 to majorly increase the adoption of refurbished ventilators worldwide in 2020
           6.8.2 INFANT INCUBATORS AND WARMERS
                    6.8.2.1 Development of affordable products likely to hamper the growth of this segment in the coming years
    6.9 INTRAVENOUS THERAPY SYSTEMS
           6.9.1 INCREASING NUMBER OF SURGICAL PROCEDURES AND FREQUENT PRODUCT RECALLS LIKELY TO SUPPORT MARKET GROWTH
    6.10 ENDOSCOPY EQUIPMENT
           6.10.1 GROWING DEMAND FOR ENDOSCOPY LIKELY TO DRIVE MARKET GROWTH
    6.11 OTHER MEDICAL EQUIPMENT

7 REFURBISHED MEDICAL EQUIPMENT MARKET, BY APPLICATION (Page No. - 99)
    7.1 INTRODUCTION
    7.2 DIAGNOSTIC APPLICATIONS
           7.2.1 INTRODUCTION
           7.2.2 CARDIOLOGY
                    7.2.2.1 Rising incidence of cardiovascular and cardio-pulmonary disorders to drive market growth
           7.2.3 UROLOGY
                    7.2.3.1 A growing number of renal and urinary tract complications to augment market growth
           7.2.4 NEUROLOGY
                    7.2.4.1 The high cost of new imaging equipment and budget constraints to propel the growth of this segment
           7.2.5 ORTHOPEDICS
                    7.2.5.1 Growing geriatric population to contribute to the growth of this market segment
           7.2.6 PHYSIOLOGY
                    7.2.6.1 Monitoring anatomic and physiological conditions is an essential aspect of addressing target abnormalities
           7.2.7 EMERGENCY MEDICINE
                    7.2.7.1 Growth in the number of hospitals and emergency care centers to drive the growth of this market segment
           7.2.8 ONCOLOGY
                    7.2.8.1 Growing incidence of malignancies across the world to drive the growth of this market segment
           7.2.9 OBSTETRICS/GYNECOLOGY
                    7.2.9.1 Growing awareness of safety measures during pregnancy and increasing demand for minimally invasive techniques to augment market growth
           7.2.10 OTHER DIAGNOSTIC APPLICATIONS
    7.3 THERAPEUTIC APPLICATIONS
           7.3.1 INTRODUCTION
           7.3.2 CARDIOLOGY
                    7.3.2.1 Regulatory constraints to challenge the growth of this segment
           7.3.3 UROLOGY
                    7.3.3.1 Growing incidence of renal calcification, benign prostate hyperplasia, and renal failure to propel the growth of this segment
           7.3.4 NEUROLOGY
                    7.3.4.1 Growing demand for refurbished electrosurgery and surgical equipment to drive market growth
           7.3.5 ORTHOPEDICS
                    7.3.5.1 Growth in the incidence of musculoskeletal disorders to drive the growth of this segment
           7.3.6 PHYSIOLOGY
                    7.3.6.1 A dearth of skilled specialists in emerging economies to restrain the growth of this market segment
           7.3.7 EMERGENCY MEDICINE
                    7.3.7.1 Growth in the number of critical care centers to drive the growth of this market segment
           7.3.8 ONCOLOGY
                    7.3.8.1 Growing number of non-invasive and interventional cancer treatment procedures to augment the growth of this market segment
           7.3.9 OBSTETRICS/GYNECOLOGY
                    7.3.9.1 Growing number of hospitals and increasing awareness on maternity care in emerging economies to drive market growth
           7.3.10 OTHER THERAPEUTIC APPLICATIONS

8 REFURBISHED MEDICAL EQUIPMENT MARKET, BY END USER (Page No. - 117)
    8.1 INTRODUCTION
    8.2 HOSPITALS
           8.2.1 HOSPITALS ARE THE LARGEST END USERS OF REFURBISHED MEDICAL EQUIPMENT
    8.3 DIAGNOSTIC IMAGING CENTERS
           8.3.1 RISING PREVALENCE OF DISEASES AND GROWING AWARENESS ON EARLY DIAGNOSIS ARE DRIVING THE GROWTH OF THIS SEGMENT
    8.4 AMBULATORY CARE CENTERS
           8.4.1 GROWTH IN THE NUMBER OF AMBULATORY CARE CENTERS TO DRIVE MARKET GROWTH
    8.5 OTHER END USERS

9 REFURBISHED MEDICAL EQUIPMENT MARKET, BY REGION (Page No. - 123)
    9.1 INTRODUCTION
    9.2 NORTH AMERICA
           9.2.1 US
                    9.2.1.1 The US is the largest market for refurbished medical equipment
           9.2.2 CANADA
                    9.2.2.1 Budgetary constraints in hospitals likely to increase the adoption of refurbished medical equipment
    9.3 EUROPE
           9.3.1 GERMANY
                    9.3.1.1 Germany is the largest market for refurbished medical equipment in Europe
           9.3.2 FRANCE
                    9.3.2.1 Increasing government pressure to reduce healthcare costs and budgetary constraints to support market growth
           9.3.3 ITALY
                    9.3.3.1 Favorable regulatory policies likely to support market growth
           9.3.4 SPAIN
                    9.3.4.1 The preference for new equipment likely to inhibit market growth in Spain
           9.3.5 UK
                    9.3.5.1 Increasing preference towards new equipment likely to limit market growth in the UK
           9.3.6 REST OF EUROPE
    9.4 ASIA PACIFIC
           9.4.1 JAPAN
                    9.4.1.1 Growing demand for refurbished medical imaging equipment in Japan likely to support market growth
           9.4.2 INDIA
                    9.4.2.1 Lack of standards and regulations to limit market growth in India
           9.4.3 SOUTH KOREA
                    9.4.3.1 Large number of private hospitals likely to drive the demand for refurbished medical equipment in South Korea
           9.4.4 AUSTRALIA
                    9.4.4.1 Favorable healthcare system to create less demand for refurbished medical equipment
           9.4.5 CHINA
                    9.4.5.1 Ban on the import of refurbished medical devices in China to restrain market growth
           9.4.6 REST OF ASIA PACIFIC
    9.5 LATIN AMERICA
           9.5.1 BRAZIL
                    9.5.1.1 Growing disease burden and rising awareness about advanced diagnostic and treatment procedures to support market growth in Brazil
           9.5.2 MEXICO
                    9.5.2.1 Favorable investment scenario for medical device manufacturers to drive market growth in Mexico
           9.5.3 REST OF LATIN AMERICA
    9.6 MIDDLE EAST AND AFRICA
           9.6.1 LOW DISPOSABLE INCOME AND THE NEED FOR INFRASTRUCTURAL DEVELOPMENT TO CONTRIBUTE TO MARKET GROWTH

10 COMPETITIVE LANDSCAPE (Page No. - 164)
     10.1 INTRODUCTION
     10.2 COMPETITIVE LEADERSHIP MAPPING
             10.2.1 VISIONARY LEADERS
             10.2.2 INNOVATORS
             10.2.3 DYNAMIC DIFFERENTIATORS
             10.2.4 EMERGING COMPANIES
     10.3 COMPETITIVE SCENARIO (2017–2020)
     10.4 GLOBAL REFURBISHED MEDICAL EQUIPMENT MARKET SHARE ANALYSIS (2019)
     10.5 COMPETITIVE SCENARIO
             10.5.1 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS (2017–2020)
             10.5.2 KEY ACQUISITIONS (2017–2020)
             10.5.3 KEY EXPANSIONS (2017–2020)

11 COMPANY PROFILES (Page No. - 173)
(Business overview, Products offered, Recent developments & MnM View)*
     11.1 GE HEALTHCARE (A WHOLLY OWNED SUBSIDIARY OF GENERAL ELECTRIC COMPANY)
     11.2 KONINKLIJKE PHILIPS N.V.
     11.3 SIEMENS HEALTHINEERS (A PART OF SIEMENS GROUP)
     11.4 BLOCK IMAGING INTERNATIONAL, INC.
     11.5 SOMA TECHNOLOGY, INC.
     11.6 AVANTE HEALTH SOLUTIONS
     11.7 HILDITCH GROUP
     11.8 EVERX PVT. LTD.
     11.9 INTEGRITY MEDICAL SYSTEMS, INC.
     11.10 RADIOLOGY ONCOLOGY SYSTEMS, INC.
     11.11 MASTER MEDICAL EQUIPMENT
     11.12 US MED-EQUIP, INC.
     11.13 FAIR MEDICAL CO. LTD
     11.14 FUTURE HEALTH CONCEPTS
     11.15 US MEDICAL SYSTEMS, LLC
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
     11.16 OTHER COMPANIES
             11.16.1 NATIONWIDE IMAGING SERVICES
             11.16.2 PACIFIC HEALTHCARE IMAGING, LLC
             11.16.3 VENTURE MEDICAL REQUIP, INC.
             11.16.4 DESERT TECH MEDICAL SYSTEMS
             11.16.5 HI TECH INTERNATIONAL GROUP, INC.

12 APPENDIX (Page No. - 207)
     12.1 DISCUSSION GUIDE: REFURBISHED MEDICAL EQUIPMENT MARKET
     12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     12.3 AVAILABLE CUSTOMIZATIONS
     12.4 RELATED REPORTS
     12.5 AUTHOR DETAILS


LIST OF TABLES (154 TABLES)

TABLE 1 INCLUSIONS & EXCLUSIONS
TABLE 2 COMPARISON BETWEEN THE AVERAGE SELLING PRICE OF NEW AND REFURBISHED MEDICAL EQUIPMENT
TABLE 3 REGULATIONS ON THE IMPORT AND USE OF REFURBISHED MEDICAL EQUIPMENT
TABLE 4 REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 5 REFURBISHED MEDICAL IMAGING EQUIPMENT MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 6 REFURBISHED MEDICAL IMAGING EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 7 REFURBISHED MEDICAL IMAGING EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 8 REFURBISHED MEDICAL IMAGING EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 9 REFURBISHED MEDICAL IMAGING EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 10 REFURBISHED MEDICAL IMAGING EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 11 REFURBISHED CT SCANNERS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 12 REFURBISHED MRI MACHINES MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 13 REFURBISHED X-RAY MACHINES MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 14 REFURBISHED NUCLEAR IMAGING SYSTEMS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 15 REFURBISHED ULTRASOUND SYSTEMS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 16 OTHER REFURBISHED MEDICAL IMAGING EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 17 REFURBISHED OPERATING ROOM & SURGICAL EQUIPMENT MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 18 REFURBISHED OPERATING ROOM & SURGICAL EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 19 REFURBISHED OPERATING ROOM & SURGICAL EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 20 REFURBISHED OPERATING ROOM & SURGICAL EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 21 REFURBISHED OPERATING ROOM & SURGICAL EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 22 REFURBISHED ANESTHESIA MACHINES MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 23 REFURBISHED ELECTROSURGICAL UNITS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 24 REFURBISHED OPERATING ROOM TABLES & LIGHTS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 25 REFURBISHED SURGICAL DISPLAYS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 26 OTHER REFURBISHED OPERATING ROOM & SURGICAL EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 27 REFURBISHED PATIENT MONITORS MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 28 REFURBISHED PATIENT MONITORS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 29 REFURBISHED PATIENT MONITORS MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 30 REFURBISHED PATIENT MONITORS MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 31 REFURBISHED PATIENT MONITORS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 32 REFURBISHED MULTI-PARAMETER MONITORS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 33 REFURBISHED FETAL MONITORS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 34 REFURBISHED ELECTROCARDIOGRAPHY DEVICES MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 35 REFURBISHED PULSE OXIMETERS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 36 REFURBISHED MOBILE CARDIAC TELEMETRY DEVICES MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 37 REFURBISHED NON-INVASIVE BLOOD PRESSURE MONITORS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 38 OTHER REFURBISHED PATIENT MONITORS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 39 REFURBISHED CARDIOLOGY EQUIPMENT MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 40 REFURBISHED CARDIOLOGY EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 41 REFURBISHED CARDIOLOGY EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 42 REFURBISHED CARDIOLOGY EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 43 REFURBISHED CARDIOLOGY EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 44 REFURBISHED DEFIBRILLATORS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 45 REFURBISHED HEART-LUNG MACHINES MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 46 OTHER REFURBISHED CARDIOLOGY EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 47 REFURBISHED UROLOGY EQUIPMENT MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 48 REFURBISHED UROLOGY EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 49 REFURBISHED UROLOGY EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 50 REFURBISHED UROLOGY EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 51 REFURBISHED UROLOGY EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 52 REFURBISHED DIALYSIS MACHINES MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 53 REFURBISHED LITHOTRIPSY DEVICES MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 54 REFURBISHED NEUROLOGY EQUIPMENT MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 55 REFURBISHED NEUROLOGY EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 56 REFURBISHED NEUROLOGY EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 57 REFURBISHED NEUROLOGY EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 58 REFURBISHED NEUROLOGY EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 59 REFURBISHED EMG MACHINES MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 60 REFURBISHED EEG MACHINES MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 61 REFURBISHED INTENSIVE CARE EQUIPMENT MARKET, BY TYPE, 2018–2025 (USD MILLION)
TABLE 62 REFURBISHED INTENSIVE CARE EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 63 REFURBISHED INTENSIVE CARE EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 64 REFURBISHED INTENSIVE CARE EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 65 REFURBISHED INTENSIVE CARE EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 66 REFURBISHED VENTILATORS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 67 REFURBISHED INFANT INCUBATORS AND WARMERS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 68 REFURBISHED INTRAVENOUS THERAPY SYSTEMS MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 69 REFURBISHED INTRAVENOUS THERAPY SYSTEMS MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 70 REFURBISHED INTRAVENOUS THERAPY SYSTEMS MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 71 REFURBISHED INTRAVENOUS THERAPY SYSTEMS MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 72 REFURBISHED ENDOSCOPY EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 73 REFURBISHED ENDOSCOPY EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 74 REFURBISHED ENDOSCOPY EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 75 REFURBISHED ENDOSCOPY EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 76 OTHER REFURBISHED MEDICAL EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 77 OTHER REFURBISHED MEDICAL EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 78 OTHER REFURBISHED MEDICAL EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 79 OTHER REFURBISHED MEDICAL EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 80 REFURBISHED MEDICAL EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 81 REFURBISHED MEDICAL EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 82 REFURBISHED MEDICAL EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 83 REFURBISHED MEDICAL EQUIPMENT MARKET FOR CARDIOLOGY DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 84 REFURBISHED MEDICAL EQUIPMENT MARKET FOR UROLOGY DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 85 REFURBISHED MEDICAL EQUIPMENT MARKET FOR NEUROLOGY DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 86 REFURBISHED MEDICAL EQUIPMENT MARKET FOR ORTHOPEDIC DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 87 REFURBISHED MEDICAL EQUIPMENT MARKET FOR PHYSIOLOGY DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 88 REFURBISHED MEDICAL EQUIPMENT MARKET FOR EMERGENCY MEDICINE DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 89 REFURBISHED MEDICAL EQUIPMENT MARKET FOR ONCOLOGY DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 90 REFURBISHED MEDICAL EQUIPMENT MARKET FOR OB/GYN DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 91 REFURBISHED MEDICAL EQUIPMENT MARKET FOR OTHER DIAGNOSTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 92 REFURBISHED MEDICAL EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 93 REFURBISHED MEDICAL EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 94 REFURBISHED MEDICAL EQUIPMENT MARKET FOR CARDIOLOGY THERAPEUTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 95 REFURBISHED MEDICAL EQUIPMENT MARKET FOR UROLOGY THERAPEUTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 96 REFURBISHED MEDICAL EQUIPMENT MARKET FOR NEUROLOGY THERAPEUTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 97 REFURBISHED MEDICAL EQUIPMENT MARKET FOR ORTHOPEDIC THERAPEUTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 98 REFURBISHED MEDICAL EQUIPMENT MARKET FOR PHYSIOLOGY THERAPEUTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 99 REFURBISHED MEDICAL EQUIPMENT MARKET FOR EMERGENCY MEDICINE THERAPEUTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 100 REFURBISHED MEDICAL EQUIPMENT MARKET FOR ONCOLOGY THERAPEUTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 101 REFURBISHED MEDICAL EQUIPMENT MARKET FOR OB/GYN THERAPEUTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 102 REFURBISHED MEDICAL EQUIPMENT MARKET FOR OTHER THERAPEUTIC APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)
TABLE 103 REFURBISHED MEDICAL EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 104 REFURBISHED MEDICAL EQUIPMENT MARKET FOR HOSPITALS, BY REGION, 2018–2025 (USD MILLION)
TABLE 105 REFURBISHED MEDICAL EQUIPMENT MARKET FOR DIAGNOSTIC IMAGING CENTERS, BY REGION, 2018–2025 (USD MILLION)
TABLE 106 REFURBISHED MEDICAL EQUIPMENT MARKET FOR AMBULATORY CARE CENTERS, BY REGION, 2018–2025 (USD MILLION)
TABLE 107 REFURBISHED MEDICAL EQUIPMENT MARKET FOR OTHER END USERS, BY REGION, 2018–2025 (USD MILLION)
TABLE 108 REFURBISHED MEDICAL EQUIPMENT MARKET, BY REGION, 2018–2025 (USD MILLION)
TABLE 109 NORTH AMERICA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 110 NORTH AMERICA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 111 NORTH AMERICA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 112 NORTH AMERICA: REFURBISHED MEDICAL EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 113 NORTH AMERICA: REFURBISHED MEDICAL EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 114 NORTH AMERICA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 115 US: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 116 CANADA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 117 EUROPE: REFURBISHED MEDICAL EQUIPMENT MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 118 EUROPE: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 119 EUROPE: REFURBISHED MEDICAL EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 120 EUROPE: REFURBISHED MEDICAL EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 121 EUROPE: REFURBISHED MEDICAL EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 122 EUROPE: REFURBISHED MEDICAL EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 123 GERMANY: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 124 FRANCE: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 125 ITALY: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 126 SPAIN: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 127 UK: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 128 ROE: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 129 APAC: REFURBISHED MEDICAL EQUIPMENT MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 130 APAC: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 131 APAC: REFURBISHED MEDICAL EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 132 APAC: REFURBISHED MEDICAL EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 133 APAC: REFURBISHED MEDICAL EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 134 APAC: REFURBISHED MEDICAL EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 135 JAPAN: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 136 INDIA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 137 SOUTH KOREA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 138 AUSTRALIA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 139 CHINA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 140 ROAPAC: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 141 LATAM: REFURBISHED MEDICAL EQUIPMENT MARKET, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 142 LATAM: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 143 LATAM: REFURBISHED MEDICAL EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 144 LATAM: REFURBISHED MEDICAL EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 145 LATAM: REFURBISHED MEDICAL EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 146 LATAM: REFURBISHED MEDICAL EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)
TABLE 147 BRAZIL: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 148 MEXICO: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 149 ROLA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 150 MIDDLE EAST & AFRICA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2018–2025 (USD MILLION)
TABLE 151 MIDDLE EAST & AFRICA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY APPLICATION, 2018–2025 (USD MILLION)
TABLE 152 MIDDLE EAST & AFRICA: REFURBISHED MEDICAL EQUIPMENT MARKET FOR DIAGNOSTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 153 MIDDLE EAST & AFRICA: REFURBISHED MEDICAL EQUIPMENT MARKET FOR THERAPEUTIC APPLICATIONS, BY TYPE, 2018–2025 (USD MILLION)
TABLE 154 MIDDLE EAST & AFRICA: REFURBISHED MEDICAL EQUIPMENT MARKET, BY END USER, 2018–2025 (USD MILLION)


LIST OF FIGURES (23 FIGURES)

FIGURE 1 RESEARCH DESIGN
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
FIGURE 3 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
FIGURE 4 MARKET SIZE ESTIMATION: REFURBISHED MEDICAL EQUIPMENT MARKET
FIGURE 5 GLOBAL REFURBISHED MEDICAL EQUIPMENT MARKET: DATA TRIANGULATION
FIGURE 6 REFURBISHED MEDICAL EQUIPMENT MARKET, BY PRODUCT, 2020 VS. 2025 (USD MILLION)
FIGURE 7 REFURBISHED MEDICAL EQUIPMENT MARKET, BY APPLICATION, 2020 VS. 2025 (USD MILLION)
FIGURE 8 REFURBISHED MEDICAL EQUIPMENT MARKET, BY END USER, 2020 VS. 2025 (USD MILLION)
FIGURE 9 ASIA PACIFIC MARKET TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD (2020–2025)
FIGURE 10 GROWING NUMBER OF HOSPITALS AND DIAGNOSTIC IMAGING CENTERS TO SUPPORT MARKET GROWTH IN THE COMING YEARS
FIGURE 11 DIAGNOSTIC APPLICATIONS SEGMENT TO ACCOUNT FOR THE LARGEST MARKET SHARE IN 2019
FIGURE 12 MEDICAL IMAGING EQUIPMENT SEGMENT TO ACCOUNT FOR THE LARGEST MARKET SHARE IN 2019
FIGURE 13 HOSPITALS SEGMENT TO ACCOUNT FOR THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD
FIGURE 14 MARKET IN JAPAN TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD (2020–2025)
FIGURE 15 MARKET DYNAMICS
FIGURE 16 NORTH AMERICA: REFURBISHED MEDICAL EQUIPMENT MARKET SNAPSHOT
FIGURE 17 ASIA PACIFIC: REFURBISHED MEDICAL EQUIPMENT MARKET SNAPSHOT
FIGURE 18 GLOBAL REFURBISHED MEDICAL EQUIPMENT MARKET: COMPETITIVE LEADERSHIP MAPPING (2019)
FIGURE 19 KEY DEVELOPMENTS IN THE REFURBISHED MEDICAL EQUIPMENT MARKET, 2017–2020
FIGURE 20 GLOBAL REFURBISHED MEDICAL EQUIPMENT MARKET SHARE (2019)
FIGURE 21 GE HEALTHCARE: COMPANY SNAPSHOT
FIGURE 22 KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT
FIGURE 23 SIEMENS HEALTHINEERS: COMPANY SNAPSHOT

This research study involved four major activities to estimate the current size of the global refurbished medical equipment market. Exhaustive secondary research was done to collect information on the market and subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

The secondary sources referred to for this research study include publications from government sources, corporate filings (such as annual reports, SEC filings, investor presentations, and financial statements); research journals; press releases; and trade, business, and professional associations. Secondary data was collected and analyzed to arrive at the overall size of the global refurbished medical equipment market, which was validated by primary research.

Primary Research

Primary research was conducted after acquiring a detailed understanding of the refurbished medical equipment market scenario through secondary research. Primary interviews were conducted with both the demand side (such hospitals, ambulatory care centers, research universities, diagnostic imaging centers, academic institutions, and government institutions, among others) and supply-side respondents (such as OEMs, third party suppliers, and distributors). The primaries interviewed for this study include experts from the refurbished medical equipment industry, such as CEOs, VPs, directors, sales heads, and marketing managers of tier 1, 2, and 3 companies engaged in offering refurbished medical equipment and relevant services across the globe; administrators and purchase managers of refurbished medical equipment products; and academic research institutes. Approximately 70% and 30% of primary interviews were conducted with supply- and demand-side respondents, respectively. This primary data was collected through questionnaires, emails, web-based surveys, and telephonic interviews. A breakdown of primary respondents follows:

Refurbished Medical Equipment Market, by Product, 2016 (USD Billion)

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

A detailed market estimation approach was followed to estimate and validate the value of the global refurbished medical equipment market and other dependent submarkets, as mentioned below:

  • The key players in the refurbished medical equipment market were identified through secondary research, and their market shares at a global and/or regional level were determined through primary and secondary research.
  • The research methodology included the study of the regulatory filings (such as annual and quarterly financial reports), and investor presentations of the major market players as well as interviews with industry experts for key insights on the refurbished medical equipment market.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All the expected macro-indicators affecting the growth of the respective segments and sub-segments have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the validated and verified quantitative and/or qualitative data.
  • The above-mentioned data was consolidated and added to detailed inputs, analyzed, and presented in this report.

Data Triangulation

After arriving at the overall market size from the market size estimation process explained above, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market was validated using both top-down and bottom-up approaches.

Report Objectives

  • To define, describe, and forecast the refurbished medical equipment market on the basis of product, application, end user, and region
  • To provide detailed information about the major factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall refurbished medical equipment market
  • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To forecast the market revenue in terms of value with respect to five regional segments, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa
  • To strategically analyze the market structure and profile key players in the refurbished medical equipment market and comprehensively analyze their core competencies
  • To track and analyze company developments such as agreements, contracts, collaborations, partnerships, acquisitions, and expansions in the refurbished medical equipment market  

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the client’s specific needs. The following customization options are available for the present global refurbished medical equipment market report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolios of the top five companies in the refurbished medical equipment market

Company Information

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