Today: February 11, 2016, 1:33 am

Global refurbished medical equipment market: 8% CAGR between 2012-2016
Global Refurbished Medical Equipment Market 2012-2016 - a new market research report on 2014-03-05 09:22:02
The Global Refurbished Medical Equipment market is to grow at a CAGR of 7.51 percent over the period 2012-2016. One of the key factors contributing to this market growth is reduced reimbursements for medical procedures. The Global Refurbished Medical Equipment market has also been witnessing the increased adoption of eco-friendly practices. However, concerns regarding quality and durability could pose a challenge to the growth of this market.

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.

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.

The key vendors dominating this space are GE Healthcare, Johnson & 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., Radmedical, Soma Technology Inc., Unisyn Medical Technologies Inc., Ultra Solutions, Radiology Oncology Systems Inc., Oxford Instruments plc, and Ziehm Imaging GmbH.

Click for report details: ..

Browse all Healthcare and Medical Market Research Reports ..

Browse all Healthcare and Medical Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 521 Words
Related Articles
More From Finance
Arizona Real Estate Stats 2015
COMMENTARY by Tom Ruff of The Information Market Permission is granted only to ARMLS® Subscribers for reproduction with attribution [..] Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source has announced that it will now be offering the [..] Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.