TechNavio today launched its report Global Refurbished Medical Equipment Market 2012-2016 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”The increased adoption of eco-friendly practices is one of the emerging trends in the Global Refurbished Medical Equipment market. Refurbishment of medical equipment reduces e-waste and is therefore eco-friendly. Besides facilitating cost savings, refurbished medical equipment prevents waste dumping in landfills. In fact, refurbishment programs have helped hospitals divert tons of waste from local landfills. Therefore, many vendors in this market are nowadays promoting refurbished devices as eco-friendly and economical alternatives to new medical equipment. For instance, Siemens Healthcare has an eco-line portfolio that includes a wide range of refurbished medical systems. Similarly, Practice Greenhealth helps healthcare organizations implement eco-friendly and sustainable practices.”
According to the report, the availability of technologically advanced equipment at low cost is one of the major drivers in the Global Refurbished Medical Equipment market. The design and development of medical equipment requires high investment in Rand D. Moreover, the installation and maintenance of medical equipment such as MRIs involves high costs as well, which makes medical procedures involving these devices expensive. Hence, healthcare organizations prefer investing in low-cost refurbished medical equipment rather than delaying the purchase of high-cost medical equipment.
Further, the report states that concerns regarding quality and durability constitute one of the major challenges in the Global Refurbished Medical Equipment Market.
The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this market space are GE Healthcare, Johnson and Johnson Corp., Philips Healthcare, Siemens Healthcare, Stryker Corp., and Toshiba Medical Systems Corp. The other vendors mentioned in the report are Agito Medical A/S, Biodirect Inc., Dms Health Technologies, Devon Medical Equipment, Everx Pty Ltd., Oxford Instruments plc, Radiology Oncology Systems Inc., Radmedical, Reliant Medical Services Inc., Soma Technology Inc., Ultra Solutions, Unisyn Medical Technologies Inc., and Ziehm Imaging GmbH.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-refurbished-medical-equipment-ma…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report – Global Refurbished Medical Equipment Market 2012-2016
