DOTmed September 9, 2024
The global refurbished medical imaging equipment market is set to expand significantly over the next few years, with a projected compound annual growth rate (CAGR) of 11.5% from 2024 to 2031, according to a new report by Verified Market Research.
Valued at $15.88 billion in 2023, the market is expected to reach $37.94 billion by the end of the forecast period. The growth will be driven primarily by the cost-effectiveness of refurbished equipment, which appeals to healthcare facilities in both developed and emerging economies seeking to reduce expenses while maintaining diagnostic capabilities.
In emerging markets, the demand for affordable imaging solutions is rising alongside efforts to improve healthcare infrastructure. Additionally, growing environmental concerns around electronic waste are pushing healthcare providers...
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