DOTmed April 23, 2024
The global market for refurbished medical imaging equipment is projected to expand by $5.892 billion from 2023 to 2027, growing at a compound annual growth rate (CAGR) of over 7.63%, reports Technavio.
This growth is largely driven by healthcare providers’ need for cost-effective diagnostic tools due to increasing budget limitations. Hospitals are the primary end-users, with heightened demand for products such as X-ray machines, ultrasound systems, MR machines, and CT scanners.
The refurbished equipment market offers a sustainable and environmentally friendly alternative, adhering to advanced technological standards and regulatory requirements that ensure both quality assurance and patient safety. This aspect is especially critical in emerging economies, where adoption rates are climbing. These regions benefit from strategic collaborations that provide warranties...
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