Refurbished medical imaging equipment market size to grow by USD 5,892.42 million from 2022 to 2027, AGITO Medical Avante and Health Solutions emerge as key contributors to market growth

 

NEW YORK, June 6, 2023 /PRNewswire/ — The refurbished medical imaging equipment market is set to grow by USD 5,892.42 million from 2022 to 2027, progressing at a CAGR 7.63% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. Increasing sales through online marketing is the key factor driving the growth of the global refurbished medical imaging equipment market. The focus of online services is to provide care providers with advantages such as minimizing set-up, sales, and operating costs. In addition, vendors market their playback devices in a variety of ways, including holding promotional events at various medical institutions, participating in industry trade shows, and sponsoring various medical events. There is a growing trend of online marketing to attract new customers to purchase devices. The marketing strategies of vendors, such as discounted pricing and promotional offers on single and bulk purchases of imaging devices, increase the number of online sales. Also, the manufacturers provide a warranty and guarantee even for the products offered online. Hence, the increase in online marketing services is expected to contribute to the sales of refurbished medical imaging equipment during the forecast period. Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and forecast period (2023-2027). Download Sample Report in minutes!

The refurbished medical imaging equipment market covers the following areas:

Refurbished Medical Imaging Equipment Market Sizing
Refurbished Medical Imaging Equipment Market Forecast
Refurbished Medical Imaging Equipment Market Analysis

The report on the refurbished medical imaging equipment market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

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Refurbished Medical Imaging Equipment Market 2023-2027 – Market Dynamics

Significant Trend

Increasing consultation services and support by vendors is the primary trend shaping the global refurbished medical imaging equipment market growth. The vendors in the global refurbished medical imaging equipment market have started offering consultation, planning, system installation, configuration, and other technical services to their customers. This helps vendors and OEMs to design and incorporate new parts and technologies in the refurbished devices, according to the end-user preferences. The global vendors are offering high-quality, eco-friendly systems with a warranty, ideal service plans, and real-time support to attract more customers. These services and support by the manufacturers drive the market growth.

Key Challenges

Concerns regarding quality, safety, and efficacy are a major challenge impeding the growth of the global refurbished medical imaging equipment market. The reluctance of OEMs or manufacturers to share their updated software and technologies with third-party vendors of medical equipment has consistently made it difficult for refurbishing firms to provide maintenance services for the devices. In addition to the quality issues, the distributors of refurbished medical imaging equipment do not offer full product warranties like new devices. In some instances, systems fail due to the usage of non-OEM parts, raising safety concerns for the staff as well as the patients. All these factors are estimated to restrict the growth of the global refurbished medical imaging equipment market.

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Refurbished Medical Imaging Equipment Market 2023-2027 : Market Segmentation

The refurbished medical imaging equipment market analysis includes product (X-ray imaging, ultrasound systems, MRI, CT scanner imaging, and SPECT/ PET scanners), end-user (hospitals and diagnostic centers), and geography (North America, Europe, Asia, and Rest of World (ROW)).

The market share growth by the X-ray imaging segment will be significant for overall market growth during the forecast period. An X-ray is a non-invasive test that produces images of the internal structures of a body by exposing the body to a small dose of ionizing radiation. X-ray imaging is the most common test used in more than 50% of the imaging procedures in hospitals. There is an increasing demand for refurbished X-ray devices, which is mainly attributed to the rising popularity of digital radiography (DR) systems.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

Companies Mentioned

• AGITO Medical

• Avante Health Solutions

• Block Imaging Inc.

• EverX Pty Ltd.

• Fair Medical Co. Ltd.

• GE Healthcare Technologies Inc.

• Hi Tech International Group Inc.

• Hilditch Group Ltd

• Integrity Medical Systems Inc.

• Koninklijke Philips NV

• MASTER MEDICAL SYSTEMS PVT LTD

• Nationwide Imaging Services Inc

• Pacific Healthcare Imaging

• Radiology Oncology Systems Inc.

• Siemens Healthineers AG

• SOMA TECH INTL

• Ultra Imaging Solutions LLC.

• US Med Equip

• Venture Medical ReQuip Inc.

• WHITTEMORE ENTERPRISES INC.

Vendor Offerings

• AGITO Medical: The company offers refurbished medical imaging equipment such as Mammography, Ultrasound, C arms.

• Avante Health Solutions: The company offers refurbished medical imaging equipment such as Autoclaves, Fluoroscopy machines, Angio.

• Block Imaging Inc.: The company offers refurbished medical imaging equipment such as Interventional, Molecular, Dexa.

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Key Topics Covered:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by End-user

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

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