Refurbished Medical Equipment Market worth $9.37 Billion by 2019 with Rising Demand - Reported by MarketsandMarkets

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The refurbished medical equipment market is expected to reach $9.37 billion by 2019 at a CAGR of 12.5% from 2014 to 2019. According to the report this industry is mainly driven by the improved healthcare facilities across the emerging countries:



Key Players are Agito Medical A/S (Denmark), Block Imaging International, Inc. (U.S.), DRE, Inc. (U.S.), Everx Pvt Ltd. (Australia), Integrity Medical Systems, Inc. (U.S.), Philips Healthcare (Netherlands)

According to the report the global refurbished medical equipment market is expected to witness steady growth. The report provides details about the growth trends and revenue forecasts for the market. As per the report the global market is expecting steady growth with rapid growth of the healthcare sector in the emerging markets.

According to the report by MarketsandMarkets demand in the refurbished medical equipment market is expected grow at a significant rate. This growth is attributed to the rising instances of lifestyle diseases and cancer.

The report says North America to dominate other geographic regions on the basis of the market shares. Apart from North America Asia Pacific is also expected to witness impressive rise in demand. Rise in privatization in the industry and growth in the number of healthcare institutes are expected to drive the demand in this market.

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The report categorizes the global refurbished medical equipment market on the basis of the types of equipment and their applications. Apart from that, it also classifies the demand patterns in this market on the basis of the major geographic regions of the world. According to the report, the medical imaging equipment segment is poised to dominate the global market by 2019. Rising number of diagnostic imaging and prevalence of target diseases are expected to drive the demand for this segment of the global industry.

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Mr. Rohan
since: 04/2009
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