(Health-NewsWire.Net, December 06, 2016 ) About Refurbishment
Refurbishment involves restoring equipment to its original condition without altering any of the product's specifications. The process ensures maintenance of the safety and efficacy of the medical equipment without altering its performance. Therefore, Refurbishment varies from the replacement of worn parts to cosmetic changes to complete the end-to-end manufacturing process. Usually, the replacement cycle depends on the agreement between vendor and end-user. For most refurbished medical devices, the replacement is done after 3-5 years and depends on the working condition of the device.
Technavios analysts forecast the global refurbished medical devices market to grow at a CAGR of 7.39% during the period 2016-2020.
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Covered in this report The report covers the present scenario and the growth prospects of the global refurbished medical devices market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of global refurbished medical devices.
The market is divided into the following segments based on geography: Americas APAC EMEA
Technavio's report, Global Refurbished Medical Devices Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Table of Content
PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market landscape Market overview Market size and forecast Five forces analysis PART 06: Market segmentation by product Global refurbished diagnostic imaging equipment market Global refurbished minimally invasive devices market Global refurbished biotechnology instruments market Global refurbished radiation oncology systems market PART 07: Market segmentation by end-user Hospitals Diagnostic centers and private practices PART 08: Geographical segmentation Refurbished medical devices market in Americas Refurbished medical devices market in EMEA Refurbished medical devices market in APAC PART 09: Market drivers Increased adoption of low-cost refurbished medical devices due to financial constraints Rise in privatization in healthcare sector Increased sales through online marketing Decreasing reimbursements for medical procedures High demand from developing countries PART 10: Impact of drivers
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