Pre-Owned Medical Devices Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

$ PRICE - $ 3,000.00$ 8,900.00

Pre-Owned Medical Devices Market: By Type (X-Ray, Mammography Machines, CT Machines, MRI Machines, Ultrasound Machines, Nuclear Imaging and Medicine Devices, and C-arm Devices, Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centres, Community Healthcare, Diagnostic Laboratories, Others) By Geography

 

$ PRICE - $ 3,000.00$ 8,900.00
Clear selection
Clear
$ PRICE - $ 3,000.00$ 8,900.00
FacebookTwitterLinkedinEmail
SKU: N/A Categories: ,

Report

Description

Pre-Owned Medical Devices Market size was valued at USD 6124.2 million in 2021. It is expected to reach a value of USD 12,087.06 million by 2028, at a CAGR of 10.2% from 2022-2028. A healthcare facility may have previously had pre-owned medical equipment, which it has since repurchased or resold after being repaired. A used device is completely refurbished through refurbishment, including aesthetic alterations and end-to-end functioning. A used medical device resale company offers a broad range of medical supplies and equipment for sale. The equipment is built to meet the performance levels and standards that are currently advised. Through internet dealers, a variety of high-quality brands are offered at competitive prices. Numerous associations, for example, the European Coordination Committee of the Radiological, Electromedical and Healthcare IT Industry (COCIR), Japan Industries Association of Radiological Systems (JIRA) and Medical Imaging and Technology Alliance (MITA) underwrite this meaning of pre-claimed medicinal gadgets. It is generally acknowledged and approved by associations, for example, the COCIR, JIRA, MITA and International Association of Medical Equipment Remarketers and Servicers (IAMERS) that the procedure of renovation drags out the powerful existence of a restorative gadget. Regularly, for all high-esteem, settled/stationary restorative gadgets, it has been watched that amid the recommended lifetime, numerous basic segments experience fast wear-and-tear; the implanted programming/innovation turns out of date. Well beyond such equipment and programming innovative oldness, getting the parts is rendered troublesome because of numerous elements, for example, conclusion of creation of segments by providers, establishment of such therapeutic gadgets in hard to-achieve geological regions with no circulation scope and different components. Consequently, midlife mediation through renovation is subsequently of hugeness for powerful and ideal utilization of the restorative gadgets.

Pre-Owned Medical Devices Market

MARKET SUMMARY
-
10.2%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 10.2%
  • Largest Market– North America
  • Fastest Market- Europe

Pre-Owned Medical Devices Market Analysis

  • Pre-Owned Medical Devices Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
  • The report gives historical, current, and future market sizes (US$ Mn) on the basis of type, end user and regions.
Market Leaders
  • GE Healthcare (U.S.)
  • Koninklijke Philips N.V. (Netherlands)
  • Siemens AG (Germany)
  • Block Imaging International, Inc., (U.S.)
  • Soma Technology, Inc. (U.S.)
  • DRE Medical, Inc. (U.S.)
Pre-Owned Medical Devices Market

Drivers and Restraints

With fast headways in restorative innovation, a few new therapeutic gear is being brought into the market. Alongside this, the idea of reasonable purchasing is building, which one of the essential components is driving the market for repaired therapeutic gadgets in rising economies. The pre-claimed or utilized restorative hardware enhance the economy due an expanded level of patient fulfillment, decrease in electronic and lethal waste, in this way enhancing the general nature of wellbeing. The expanding appropriation of eco-accommodating practices is one of the ongoing patterns prodding this present market’s development in the coming years. The increased reception of restored medicinal gadgets decreases e-squander, brings down landfill, and essentially diminishes the weight of discarding waste, accordingly lessening contamination. As it is both a prudent and condition amicable alternative, numerous merchants are actualizing the procedure of remanufacturing and commercialization of renovated gadgets.


Pre-Owned Medical Devices Market Regional Analysis

North America dominates the market

North America is expected to be the largest market in Pre-Owned Medical Devices market followed by Europe. The presence of government funded and privately held companies and availability of advanced technology for reprocessing of the medical devices is expected to contribute to the revenue growth of the Pre-Owned Medical Devices market in above mentioned regions. Based on consumption, Asia – Pacific region is expected to witness the highest demand for Pre-Owned Medical Devices owing to price sensitive customer base and large population commanding demand for affordable medical devices.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2016-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis
Pre-Owned Medical Devices Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • GE Healthcare (U.S.)
  • Koninklijke Philips N.V. (Netherlands)
  • Siemens AG (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.)
  • Radiology Oncology Systems, Inc. (U.S.)

Description

Pre-Owned Medical Devices Market size was valued at USD 6124.2 million in 2021. It is expected to reach a value of USD 12,087.06 million by 2028, at a CAGR of 10.2% from 2022-2028. A healthcare facility may have previously had pre-owned medical equipment, which it has since repurchased or resold after being repaired. A used device is completely refurbished through refurbishment, including aesthetic alterations and end-to-end functioning. A used medical device resale company offers a broad range of medical supplies and equipment for sale. The equipment is built to meet the performance levels and standards that are currently advised. Through internet dealers, a variety of high-quality brands are offered at competitive prices. Numerous associations, for example, the European Coordination Committee of the Radiological, Electromedical and Healthcare IT Industry (COCIR), Japan Industries Association of Radiological Systems (JIRA) and Medical Imaging and Technology Alliance (MITA) underwrite this meaning of pre-claimed medicinal gadgets. It is generally acknowledged and approved by associations, for example, the COCIR, JIRA, MITA and International Association of Medical Equipment Remarketers and Servicers (IAMERS) that the procedure of renovation drags out the powerful existence of a restorative gadget. Regularly, for all high-esteem, settled/stationary restorative gadgets, it has been watched that amid the recommended lifetime, numerous basic segments experience fast wear-and-tear; the implanted programming/innovation turns out of date. Well beyond such equipment and programming innovative oldness, getting the parts is rendered troublesome because of numerous elements, for example, conclusion of creation of segments by providers, establishment of such therapeutic gadgets in hard to-achieve geological regions with no circulation scope and different components. Consequently, midlife mediation through renovation is subsequently of hugeness for powerful and ideal utilization of the restorative gadgets.

ASIA PACIFIC OFFICE

Precision Business Insights, MIG 366, SAI PLAZA, 1st Floor, KPHB Colony, Hyderabad - 500072

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX