Authored By: Sarah
04 Jan 2022

Refurbished Medical Imaging Equipment Market: Key Geographies that will Drive Growth

Geographical Analysis and Market Highlights 2021-2025

The refurbished medical imaging equipment market will grow by $ 2.52 billion, fragmented at a CAGR of over 7% over the next five years. Our research report provides a detailed analysis of the market with insights on trends, drivers, and challenges that are likely to impact market growth. It also provides a competitive analysis of the key market players and their product portfolios.


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Refurbished Medical Imaging Equipment Market: North America to lead market growth during the forecast period

  • Based on our Geographical Segmentation, North America is projected to contribute 40% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the refurbished medical imaging equipment market size
  • One of the key drivers that is likely to drive market growth is the demand for cost-effective medical imaging devices. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market.  These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
  • Market is segmented by Product (CT scanners, MRI scanners, General X-ray systems, Ultrasound systems, and SPECT/PET scanners), End-user (Hospitals and Diagnostic centers), and Geography (North America, Europe, Asia, and ROW).

Refurbished Medical Imaging Equipment Market Size to Grow by 2.52 Billion During 2021-2025 | Key Geographies that will Drive Growth

Refurbished Medical Imaging Equipment Market: Vendor Landscape

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Atlantis Worldwide LLC, Block Imaging , Canon Inc., EverX Pty Ltd., General Electric Co., Hitachi Ltd., Integrity Medical Systems Inc., Koninklijke Philips NV, Radiology Oncology Systems Inc., and Siemens Healthineers AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of over 7%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 2.52 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Demand for cost-effective medical imaging devices will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    North America, Europe, Asia, and ROW are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    40% growth will originate from North America
     
  6. Who are the leading market vendors?
    The leading vendors in this market are Atlantis Worldwide LLC, Block Imaging , Canon Inc., EverX Pty Ltd., General Electric Co., Hitachi Ltd., Integrity Medical Systems Inc., Koninklijke Philips NV, Radiology Oncology Systems Inc., and Siemens Healthineers AG
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (CT scanners, MRI scanners, General X-ray systems, Ultrasound systems, and SPECT/PET scanners), End-user (Hospitals and Diagnostic centers), and Geography (North America, Europe, Asia, and ROW).

Market Segmentation by Product

    • Refurbished Medical Imaging Equipment Market Split by Product
      • CT scanners
      • MRI scanners
      • General X-ray systems
      • Ultrasound systems
      • SPECT/PET scanners
    • Refurbished Medical Imaging Equipment Market Split by End-user
      • Hospitals
      • Diagnostic centers
    • Refurbished Medical Imaging Equipment Market Split by Geography
      • North America
      • Europe
      • Asia
      • ROW

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Atlantis Worldwide LLC
  • Block Imaging 
  • Canon Inc.
  • EverX Pty Ltd.
  • General Electric Co.
  • Hitachi Ltd.
  • Integrity Medical Systems Inc.
  • Koninklijke Philips NV
  • Radiology Oncology Systems Inc.
  • Siemens Healthineers AG

 

Refurbished Medical Imaging Equipment: Top Drivers that will Enable COVID-19 Recovery

Synopsis of Growth Drivers with Market Forecast 2021-2025

The Global Refurbished Medical Imaging Equipment Market is projected to grow by $ 2.52 bn, accelerating at a CAGR of over 7% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Refurbished Medical Imaging Equipment Market: Top Drivers for Growth

One of the key factors that will drive growth is demand for cost-effective medical imaging devices. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.

Refurbished Medical Imaging Equipment Market Size to Grow by 2.52 Billion During 2021-2025 | Key Geographies that will Drive Growth

Refurbished Medical Imaging Equipment Market: Segment List

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Refurbished Medical Imaging Equipment Market is segmented by Product (CT scanners, MRI scanners, General X-ray systems, Ultrasound systems, and SPECT/PET scanners), End-user (Hospitals and Diagnostic centers), and Geography (North America, Europe, Asia, and ROW). Request our Free Sample Report

Refurbished Medical Imaging Equipment Market: Atlantis Worldwide LLC, Block Imaging , Canon Inc., EverX Pty Ltd., General Electric Co., Hitachi Ltd., Integrity Medical Systems Inc., Koninklijke Philips NV, Radiology Oncology Systems Inc., and Siemens Healthineers AG are some of the leading competitors

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  Atlantis Worldwide LLC, Block Imaging , Canon Inc., EverX Pty Ltd., General Electric Co., Hitachi Ltd., Integrity Medical Systems Inc., Koninklijke Philips NV, Radiology Oncology Systems Inc., and Siemens Healthineers AG are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

Refurbished Medical Imaging Equipment Market Size to Grow by $ 2.52 bn through 2021-2025

The refurbished medical imaging equipment market is expected to grow by $ 2.52 bn, accelerating at a CAGR of almost 7% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus. View Free Sample Report

Refurbished Medical Imaging Equipment Market: Segmentation by Product

This report provides a detailed analysis of the market by Product (CT scanners, MRI scanners, General X-ray systems, Ultrasound systems, and SPECT/PET scanners), End-user (Hospitals and Diagnostic centers), and Geography (North America, Europe, Asia, and ROW). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges which are likely to influence market growth during the forecast period. These insights are expected to equip clients with reliable information based upon which they can design a growth strategy for their business and area of operations.

Refurbished Medical Imaging Equipment Market Size to Grow by 2.52 Billion During 2021-2025 | Key Geographies that will Drive Growth

Refurbished Medical Imaging Equipment Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Atlantis Worldwide LLC, Block Imaging , Canon Inc., EverX Pty Ltd., General Electric Co., Hitachi Ltd., Integrity Medical Systems Inc., Koninklijke Philips NV, Radiology Oncology Systems Inc., and Siemens Healthineers AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The Global Refurbished Medical Imaging Equipment Market is expected to grow by USD 2.52 billion accelerating at a CAGR of over 7% during the forecast period. The healthcare industry is expected to witness positive growth as a result of COVID-19, and the impact of the pandemic on the market in focus is also expected to remain POSITIVE. Technavio evaluates the market with a detailed investigation into the market forces, emerging trends, and growth drivers. It also provides competitive benchmarking to equip clients with actionable insights that will help them navigate through the current market scenario. Preview our latest report with COVID-19 Impact Analysis

"The growing demand for demand for cost-effective medical imaging devices will drive the growth prospects for the global Refurbished Medical Imaging Equipment Market in the forthcoming years. 40% of the market growth will originate from North America during the forecast period", says senior research analyst for the Health Care Industry at Technavio.

Refurbished Medical Imaging Equipment Market Size to Grow by 2.52 Billion During 2021-2025 | Key Geographies that will Drive Growth

Refurbished Medical Imaging Equipment Market: Product Segment Highlights

  • Product Segmentation: CT scanners, MRI scanners, general X-ray systems, ultrasound systems, and SPECT/PET scanners
  • CT scanners segment is expected to dominate the refurbished medical imaging equipment market during the forecast period, owing to their widespread use in both diagnostic and therapeutic procedures.
  • The demand for CT scanners is increasing with rapidly growing applications in medicine, coupled with new developments such as CT-based thermometry and CT-guided invasive diagnostic and therapeutic procedures. The refurbished medical imaging equipment market share growth by the CT scanners segment will be faster than the MRI scanners, ultrasound systems, and SPECT/PET scanners segments. 

Refurbished Medical Imaging Equipment Market: Competitive Analysis

  • The Refurbished Medical Imaging Equipment Market is fragmented due to the presence of several vendors.
  • The market players also significantly leverage external market drivers such as increasing demand for cost-effective and efficient medical imaging devices to achieve growth opportunities.
  • Atlantis Worldwide LLC, Block Imaging , Canon Inc., EverX Pty Ltd., General Electric Co., Hitachi Ltd., Integrity Medical Systems Inc., Koninklijke Philips NV, Radiology Oncology Systems Inc., and Siemens Healthineers AG are some of the major market participants. Although the growing demand will offer immense growth opportunities, factors such as concerns regarding quality, safety, and efficacy will challenge the growth of the market participants.

Technavio provides custom research reports with detailed insights on the impact of COVID-19 with respect to the industry, region, and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download a Free Sample Report 

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