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(Medical-NewsWire.com, September 18, 2018 ) The refurbished medical equipment market is expected to reach USD 11.91 Billion by 2021 from USD 6.55 Billion in 2016, at a CAGR of 12.7% during the forecast period. Increasing privatization in the healthcare sector, poor reimbursement scenario for various medical treatments, large patient population base, and presence of a large number of hospitals/clinics with budget constraints in developing countries are the major factors driving the growth of this market.
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Geographically, North America (comprising the U.S. and Canada) is expected to command the largest share of the refurbished medical equipment market in 2016, followed by Europe. A number of factors such as the increasing aging population, high incidence/prevalence of various diseases (such as cancer and CVD), decreasing reimbursement, and favorable regulatory scenario for the sale and use of refurbished medical devices in the U.S. are driving the market growth in North America.
Key Target Audience:
Original Equipment Manufacturers (OEMs)
Third-party Refurbishers/Suppliers
Hospitals
Clinical Centers
Group Purchasing Organizations (GPOs)
Medical Research Laboratories
Academic Medical Centers and Universities
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In this report, the refurbished medical equipment market has been segmented on the basis of product (operating room equipment & surgical equipment, patient monitors, defibrillators, medical imaging equipment, cardiovascular & cardiology equipment, neurology equipment, IV therapy systems, endoscopy equipment, intensive care systems, neonatal intensive-care equipment, and other medical equipment), and region (North America, Europe, Asia-Pacific, and Rest of the World).
Objectives of the Study
To define, describe, and forecast refurbished medical equipment market on basis of product and region
To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
To strategically analyze the micromarkets1with respect to individual growth trends, future prospects, and contributions to the total market
To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the size of the refurbished medical devices market with respect to four main regions (along with countries), namely, North America, Europe, Asia-Pacific, and the Rest of the World
To profile the key players in the refurbished medical equipment market and comprehensively analyze their market shares and core competencies
To track and analyze competitive developments such as new product launches; agreements, partnerships, and collaborations; geographic expansions; joint ventures; and mergers and acquisitions in the global refurbished medical devices market
Click now for more Details, Queries and More Information on this study Refurbished Medical Equipment Market (X-Ray, Ultrasound, MRI, CT Scanner, Nuclear Imaging Systems, Heart-Lung Machine, Surgical, CO2 Monitor, Patient Monitor, Pulse Oximeter, AED Defibrillator, Cath Labs, Neonatal, Endoscopy) - Global Forecast to 2021 report @ http://www.reportsnreports.com/contacts/discount.aspx?name=189843 .
Trends in refurbished medical equipment market. Key players operating in refurbished medical equipment market are GE Healthcare (U.S.), Koninklijke Philips N.V. (Netherlands), Siemens Healthineers (Germany), Block Imaging International, Inc., (U.S.), Soma Technology, Inc. (U.S.), DRE Medical, Inc. (U.S.), Agito Medical A/S (Denmark), Everx Pvt Ltd. (Australia), Integrity Medical Systems, Inc. (U.S.), and Radiology Oncology Systems, Inc. (U.S.)
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Source: EmailWire.Com 
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