Refurbished Medical Equipment are fully tested, cleaned, calibrated and upgraded with new parts and renovation of older or damaged equipment to bring it to a workable or better looking condition and is free of defects. The remanufacturing of medical devices is a growing phenomenon within the health-care industry. The types of devices that are currently refurbished range from machines such as neonatal monitors and anesthesia vaporizers to devices used in surgery, such as forceps, endoscopes, and cytoscopes. Many firms are also restoring used disposable devices, such as catheters and surgical cutting instruments and accessories. Regardless of the product type, medical device remanufacturing carries an indisputable benefit--reduced health-care costs. LPI (LP Information)' newest research report, the “Refurbished Medical Equipment Industry Forecast” looks at past sales and reviews total world Refurbished Medical Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Refurbished Medical Equipment sales for 2023 through 2029. With Refurbished Medical Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Refurbished Medical Equipment industry. This Insight Report provides a comprehensive analysis of the global Refurbished Medical Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Refurbished Medical Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Refurbished Medical Equipment market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Refurbished Medical Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Refurbished Medical Equipment. The global Refurbished Medical Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029. Global Refurbished Medical Equipment key players include GE Healthcare, Philips Healthcare, Siemens Healthineers, etc. Global top three manufacturers hold a share over 55%. North America is the largest market, with a share about 40%, followed by Europe, and Asia-Pacific, both have a share over 40 percent. In terms of product, Medical Imaging Equipment is the largest segment, with a share about 70%. And in terms of application, the largest application is Hospitals & Clinic, followed by Nursing Homes, etc. This report presents a comprehensive overview, market shares, and growth opportunities of Refurbished Medical Equipment market by product type, application, key players and key regions and countries. Market Segmentation: Segmentation by type Medical Imaging Equipment Operating Room and Surgical Equipment Monitoring Equipment Defibrillators Cardiovascular and Cardiology Equipment IV Therapy Systems Neurology Equipment Endoscopy Equipment Others Segmentation by application Hospital Clinic Others This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. GE Healthcare Siemens Healthcare Philips Healthcare Ultra Solutions Agito Medical Soma Technology Block Imaging Whittemore Enterprises Radiology Oncology Systems Integrity Medical Systems TRACO
1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Refurbished Medical Equipment Market Size 2018-2029
