Refurbished Medical Imaging Equipment Market Will Generate New Growth Opportunities by 2024

Our latest research report entitled Refurbished Medical Imaging Equipment Market (by product (CT scanners, MRI systems, ultrasound and x-ray systems), end user (diagnostic centers, hospitals and ambulatory surgical centers)) provides complete and deep insights into the market dynamics and growth of Refurbished Medical Imaging Equipment. Latest information on market risks, industry chain structure Refurbished Medical Imaging Equipment cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Refurbished Medical Imaging Equipment growth factors.

The forecast Refurbished Medical Imaging Equipment Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Refurbished Medical Imaging Equipment on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to the report the global refurbished medical imaging equipment market is projected to grow at a CAGR of 13% over the forecast period of 2018-2024.

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Refurbished Medical Imaging Equipment saves energy and materials used to produce new equipment. When manufactures properly do refurbished of used system, the end result is medical imaging equipment that is safe and effective. When medical imaging equipment is refurbished in accordance with Medical Imaging Technology Association (MITA), healthcare providers, medical device regulators, and patients can be confident that the patients will be safe and the doctors will have high-quality images to help direct their care. This equipment is divided into two parts such as mechanical-electrical refurbishment and cosmetic refurbishment. Cosmetic refurbishment processes replace plastic and metal materials while mechanical-electrical refurbishment processes include restoration, replacement of all parts and other components.

The benefits offered by refurbished medical imaging equipment such as affordability and warranty drive the growth refurbished medical imaging equipment market. Refurbished equipment can sometimes cost less than 50% the price of the original equipment. Most hospitals cannot afford to buy new equipment every 5-7 years. Growing demand for high-quality medical imaging and cost-effective devices, and awareness related to circular economy fuelling the demand for refurbished medical imaging equipment market. Extending the life of equipment’s and saving energy and material used to produce new equipment is also supporting factor boost the market growth. However, lack of support from government bodies may hamper the growth of the market. Going further, improvement in sale support system creates growth opportunities for the refurbished medical imaging equipment market during the forecast period.

On the basis of Geographies, Refurbished Medical Imaging Equipment Market has majority share in North America region followed by Europe. The factors responsible for the growths of the market are increasing the demand for advanced medical imaging equipment and growing merger and acquisition in this region. The Asia Pacific is expected to be the fastest growing region during the forecast period. The rise in population and the presence of major manufacturers are some factors fuelling the Refurbished Medical Imaging Equipment Market in the Asia Pacific region.

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Major Key Players Mentioned in this Premium Report

The report provides profiles of the companies in the global refurbished medical imaging equipment market such as Philips Healthcare, Siemens Healthineers, GE Healthcare, Agito Medical A/S, Block Imaging International, Inc. itachi, Ltd., Canon Medical Systems Corporation, Carestream Health, and Fujifilm Holding Corporation.

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