Pre-owned Medical Devices Market: Demand for Pre-owned X-Ray and Mammography Machines Propels Global Market at 10.60% CAGR 2013-2019 Date: 02-24-2017 08:19 PM CET Category: Health & Medicine Press release from: Transparency Market Research - Medical Devices
A new Transparency Market Research report states that the global pre-owned medical devices market stood at US$2.4 mn in 2012 and is predicted to reach US$4.9 mn by 2019. It is predicted to expand at a CAGR of 10.60% from 2013 to 2019. The title of the report is “Pre-Owned Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019.� The current condition of the market and the future growth prospects of the market have been elaborated upon in detail in this report. Browse the full Pre-Owned Medical Devices Market (X-ray & Mammography, CT, MRI, Ultrasound, Nuclear Imaging and Medicine Devices, C-arm Devices) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 -2019 report at www.transparencymarketresearch.com/pre-owned-medical-devi... As per this study, the pre-owned medical devices market is fuelled by the installed medical devices reaching the end of their lifecycle and the rising demand for screening. In addition, the supportive post-sales services have also propelled the market’s growth. On the other hand, factors such as regulatory restraints, the negative perception of the quality of refurbished pre-owned medical devices, and the operations of original equipment manufacturers (OEMs) within the refurbishment market may restrain the growth of the market in forthcoming years. The report segments the market on the basis of device type and geography. On the basis of device type, the report segments the market into CT machines, x-ray and mammography machines, ultrasound machines, MRI machines, c-arm devices, and nuclear imaging and medical devices. Amongst these, the segment of pre-owned x-ray and mammography machines is predicted to expand at a CAGR of more than 6.0% during the forecast horizon. However, newly launched x-ray and mammography machines are more economical in comparison with other medical devices including SPECT, MRI, CT, and PET machines. Hence, consumers prefer purchasing new x-ray and mammography machines as compared to refurbished pre-owned machines. Hence, on the basis of value, though the segment of refurbished pre-owned X-ray and mammography machines held the largest share, its growth rate is poised to be low in comparison with the other
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