Product Code: MDS073A
Highlights:
The global refurbished medical devices market should reach $2.4 billion by 2022 and $3.6 billion by 2027, with a compound annual growth rate (CAGR) of 8.7% during the forecast period of 2022-2027.
Medical imaging equipment segment of the global refurbished medical devices market should reach $1.3 billion by 2022 and $2 billion by 2027, with a CAGR of 8.7% during the forecast period of 2022-2027.
Neurology equipment segment of the global refurbished medical devices market should reach $49.6 million by 2022 and $83.8 million by 2027, with a CAGR of 11.1% during the forecast period of 2022-2027.
Report Scope:
This report incorporates an in-depth analysis of the refurbished medical device market, including market estimates and trends through 2020. Major players, competitive intelligence, market dynamics and regional opportunities are discussed in detail. The report examines recent developments and product portfolios of major players. The report presents a market analysis and estimates the compound annual growth rate (CAGR) for refurbished medical devices.
The scope of the report extends to only those medical device technologies that can be refurbished and generate the most revenues. Devices that cannot be refurbished and are recycled, and other small surgical instruments that are refurbished, are outside the scope of this report.
This report segments the global market by these geographic regions: North America, Europe, Asia and the Rest of the World. For market estimates, data is provided for 2020 as the base year, 2021, and forecast through year-end 2027.
Report Includes:
- 56 data tables and 25 additional tables
- A comprehensive overview and up-to-date analysis of the current and future global markets for refurbished medical devices/instruments
- Analyses of the global market trends, with market revenue data for 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Market outlook and estimation of the actual market size for refurbished medical devices, revenue forecast, and corresponding market share analysis based on device type, application, and region
- Highlights of the current state and future market potential of refurbished instruments, along with a detailed analysis of the competitive environment
- Identification of the key growth driving factors and constraints that will shape the market for refurbished medical devices as the basis for projecting demand over the next five years (2022-2027)
- Coverage of regulations and guidelines on refurbished devices followed in the U.S and Europe
- Holistic review of the impact of COVID-19 on refurbished instruments, with pandemic implications on the demand and supply, pricing analysis, and various government strategic decisions to boost the marketplace
- Analysis of the vendor landscape for refurbished medical devices market, and company value share analysis based on their segmental revenues
- Company profiles of major players within the industry, including Canon Medical Systems Corp., GE Healthcare, Koninklijke Philips NV and Siemens Healthineers
Table of Contents
Chapter 1 Introduction
- 1.1 Study Goals and Objectives
- 1.2 Reasons for Doing this Study
- 1.3 Scope of Report
- 1.4 Information Sources
- 1.5 Methodology
- 1.6 Geographic Breakdown
- 1.7 Analyst's Credentials
- 1.8 BCC Custom Research
- 1.9 Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
- 3.1 Introduction
- 3.2 Definition
- 3.3 Drivers, Restraints and Opportunities
- 3.3.1 Drivers
- 3.3.2 Restraints
- 3.3.3 Opportunities
- 3.3.4 Threats
- 3.3.5 Challenges
- 3.4 Regulations for Refurbished Medical Devices
- 3.4.1 Overview
- 3.4.2 Europe
- 3.4.3 U.S.
- 3.4.4 Japan
Chapter 4 Impact of COVID-19 Pandemic
- 4.1 Introduction
- 4.1.1 Supply Chain Disruption
- 4.1.2 Impact of COVID-19 in the U.S.
Chapter 5 Global Market for Medical Devices
- 5.1 Overview
- 5.2 Medical Imaging Equipment
- 5.2.1 Computed Tomography
- 5.2.2 Magnetic Resonance Imaging
- 5.2.3 X-ray Machines
- 5.2.4 Ultrasound
- 5.2.5 Nuclear Medicine Systems (PET, SPECT and PET/CT)
- 5.2.6 Other Imaging Equipment
- 5.3 Operating Room Equipment
- 5.3.1 Anesthesia Machine
- 5.3.2 Electrosurgical Units
- 5.3.3 Operating Room Tables
- 5.3.4 Surgical Displays
- 5.3.5 Other Refurbished Operating Room Equipment
- 5.4 Patient Monitors
- 5.4.1 Multiparameter Monitors
- 5.4.2 Electrocardiography Devices
- 5.4.3 Pulse Oximeters
- 5.4.4 Mobile Cardiac Telemetry Devices
- 5.4.5 Other Patient Monitoring Devices
- 5.5 Cardiology Equipment
- 5.5.1 Defibrillators
- 5.5.1 Heart Lung Machines
- 5.6 Urology Instruments
- 5.6.1 Dialysis Machines
- 5.6.2 Lithotripsy Devices
- 5.7 Neurology Devices
- 5.7.1 EEG Machines
- 5.7.2 EMG Machines
- 5.8 ICU Equipment
- 5.8.1 Ventilators
- 5.8.2 Infant Incubators and Warmers
- 5.9 Endoscopes
- 5.10 Dental Devices
- 5.11 Other Instruments
- 5.12 Global Market for Refurbished Medical Devices by End User
- 5.12.1 Hospitals
- 5.12.2 Outpatient Facilities and Imaging Centers
- 5.12.3 Ambulatory Care Centers
- 5.12.4 Others
Chapter 6 Global Market for Medical Devices by Region
- 6.1 Introduction
- 6.2 North America
- 6.2.1 Canada
- 6.2.2 Inflation Reduction Act 2022
- 6.3 Europe
- 6.4 Asia
- 6.5 Rest of the World
Chapter 7 Competitive Landscape
Chapter 8 Company Profiles
- 8.1 Original Equipment Manufacturers
- CANON MEDICAL SYSTEMS CORP.
- GE HEALTHCARE
- KONINKLIJKE PHILIPS NV
- SIEMENS HEALTHINEERS
- Third Party Companies
- AVANTE HEALTH SOLUTIONS
- AUXO MEDICAL LLC
- BLOCK IMAGING INTERNATIONAL INC.
- EVERX PVT. LTD
- INTEGRITY MEDICAL SYSTEMS INC.
- HILDITCH GROUP LTD.
- LBN MEDICAL
- MASTER MEDICAL EQUIPMENT
- RADIOLOGY ONCOLOGY SYSTEMS INC.
- SOMA TECHNOLOGY INTERNATIONAL
Chapter 9 Appendix: Acronyms