Refurbished medical devices means devices which are restored to its original working condition by manufacturer or by other experts. These devices are checked and tested by the quality control department. The devices that are commonly refurbished are designed to have long-use periods. Global refurbished medical devices market is driven by an affordable alternative to expensive devices, e-marketing and poor reimbursement policies in many countries. Increasing patient population also contributed in the growth of the market. Whereas huge taxes on imported devices and lack of awareness regarding refurbished medical devices may hamper the growth of the market.
Global refurbished medical devices market is expecting a luxurious growth of 10.8 % during forecasted period.
Segmentation
Global refurbished medical devices market is segmented on the basis of diagnostic devices into X-Ray Machines, CT scanners, Ultrasound Systems, MRI machines, ECG systems, patient monitors and other. Patient monitors are sub segmented into portable patient monitoring devices and others. On the basis of therapeutic devices the market is segmented in heart-lung machines, coagulation analysers, infant incubators and warmers, defibrillators, infusion pumps and other.
Key players for global refurbished medical devices market
GE Healthcare (US), Stryker Corporation (US), Phillips Healthcare (Netherlands), Siemens Healthcare (Germany), Agito Medical (Denmark), DMS Topline (U.S.), Johnson & Johnson (US), First Source, Inc (U.S.), and Soma Technology (U.S.), Toshiba Medical System (Japan), Block Imaging International (US).
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