+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Refurbished Medical Imaging Equipment Market (2022-2027) by Product, End User, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • PDF Icon

    Report

  • 210 Pages
  • August 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5669428

Rise in demand for cost-effective and high quality medical imaging equipment is majorly driving the market

The Global Refurbished Medical Imaging Equipment Market is estimated to be USD 5.09 Bn in 2022 and is expected to reach USD 6.68 Bn by 2027, growing at a CAGR of 5.6%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Refurbished Medical Imaging Equipment Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing risks.

Market Segmentations

The Global Refurbished Medical Imaging Equipment Market is segmented based on Product, End User, and Geography.
  • By Product, the market is classified into CT Scanners, MRI Systems, Ultrasound, and X-ray Systems.
  • By End User, the market is classified into Ambulatory Surgical Centers, Diagnostic Centers, and Hospitals.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Block Imaging International, Inc., Blue Star Ltd., Canon Medical Systems Corp., Desert Medical Services, Inc., Hi Tech International Group, Inc., Hitachi, Ltd., Koninklijke Philips N.V., Radiology Oncology Systems, Inc., Siemens Healthineers Ag, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Refurbished Medical Imaging Equipment Market. Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Refurbished Medical Imaging Equipment Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Refurbished Medical Imaging Equipment Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Refurbished Medical Imaging Equipment Market

What is the estimated value of the Global Refurbished Medical Imaging Equipment Market?

The Global Refurbished Medical Imaging Equipment Market was estimated to be valued at $5.09 Billion in 2022.

What is the growth rate of the Global Refurbished Medical Imaging Equipment Market?

The growth rate of the Global Refurbished Medical Imaging Equipment Market is 5.6%, with an estimated value of $6.68 Billion by 2027.

What is the forecasted size of the Global Refurbished Medical Imaging Equipment Market?

The Global Refurbished Medical Imaging Equipment Market is estimated to be worth $6.68 Billion by 2027.

Who are the key companies in the Global Refurbished Medical Imaging Equipment Market?

Key companies in the Global Refurbished Medical Imaging Equipment Market include Block Imaging International, Inc., Blue Star Ltd., Canon Medical Systems Corp., Desert Medical Services, Inc., Everx Pvt. Ltd., Fair, medical Inc., FlexrayMedical ApS, Fujifilm Holding Corp. and Future Health Concepts, Inc..

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 IGR Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Prevalence of Chronic Diseases Enhances the Growth of Refurbished Medical Equipment.
4.1.2 Rising Demand for Capital-Intensive Diagnostic Imaging Equipment
4.1.3 Emergence of E-commerce Portals as Attractive Platforms for Refurbished Medical Equipment
4.2 Restraints
4.2.1 Negative Perception of the Quality of Refurbished Medical Equipment
4.3 Opportunities
4.3.1 Increasing Adoption of Eco-Friendly Options by Most Vendors
4.3.2 Growing Number of Diagnostic Centers & Hospitals
4.4 Challenges
4.4.1 Lack of Standardized Policies for the Use and Sale of Refurbished Equipment
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
5.5 PESTLE Analysis
6 Global Refurbished Medical Imaging Equipment Market, By Product
6.1 Introduction
6.2 CT Scanners
6.3 MRI Systems
6.4 Ultrasound
6.5 X-ray Systems
7 Global Refurbished Medical Imaging Equipment Market, By End User
7.1 Introduction
7.2 Ambulatory Surgical Centers
7.3 Diagnostic Centers
7.4 Hospitals
8 Americas' Refurbished Medical Imaging Equipment Market
8.1 Introduction
8.2 Argentina
8.3 Brazil
8.4 Canada
8.5 Chile
8.6 Colombia
8.7 Mexico
8.8 Peru
8.9 United States
8.10 Rest of Americas
9 Europe's Refurbished Medical Imaging Equipment Market
9.1 Introduction
9.2 Austria
9.3 Belgium
9.4 Denmark
9.5 Finland
9.6 France
9.7 Germany
9.8 Italy
9.9 Netherlands
9.10 Norway
9.11 Poland
9.12 Russia
9.13 Spain
9.14 Sweden
9.15 Switzerland
9.16 United Kingdom
9.17 Rest of Europe
10 Middle East and Africa's Refurbished Medical Imaging Equipment Market
10.1 Introduction
10.2 Egypt
10.3 Israel
10.4 Qatar
10.5 Saudi Arabia
10.6 South Africa
10.7 United Arab Emirates
10.8 Rest of MEA
11 APAC's Refurbished Medical Imaging Equipment Market
11.1 Introduction
11.2 Australia
11.3 Bangladesh
11.4 China
11.5 India
11.6 Indonesia
11.7 Japan
11.8 Malaysia
11.9 Philippines
11.10 Singapore
11.11 South Korea
11.12 Sri Lanka
11.13 Thailand
11.14 Taiwan
11.15 Rest of Asia-Pacific
12 Competitive Landscape
12.1 IGR Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements
13 Company Profiles
13.1 Block Imaging International, Inc.
13.2 Blue Star Ltd.
13.3 Canon Medical Systems Corp.
13.4 Desert Medical Services, Inc.
13.5 Everx Pvt. Ltd.
13.6 Fair-Medical Inc.
13.7 FlexrayMedical ApS
13.8 Fujifilm Holding Corp.
13.9 Future Health Concepts, Inc.
13.10 Hi Tech International Group, Inc.
13.11 Hilditch Group Ltd.
13.12 Hitachi, Ltd.
13.13 Hoyu And Co. Ltd.
13.14 Integrity Medical Systems, Inc.
13.15 Koninklijke Philips N.V.
13.16 Master Medical Equipment LLC
13.17 Nationwide Imaging Services, Inc.
13.18 Radiology Oncology Systems, Inc.
13.19 Rhombus Medical Equipment., LLC
13.20 Siemens Healthineers Ag
13.21 Venture Medical Requip, Inc.
14 Appendix
14.1 Questionnaire

Companies Mentioned

  • Block Imaging International, Inc.
  • Blue Star Ltd.
  • Canon Medical Systems Corp.
  • Desert Medical Services, Inc.
  • Everx Pvt. Ltd.
  • Fair-medical Inc.
  • FlexrayMedical ApS
  • Fujifilm Holding Corp.
  • Future Health Concepts, Inc.
  • Hi Tech International Group, Inc.
  • Hilditch Group Ltd.
  • Hitachi, Ltd.
  • Hoyu And Co. Ltd.
  • Integrity Medical Systems, Inc.
  • Koninklijke Philips N.V.
  • Master Medical Equipment LLC
  • Nationwide Imaging Services, Inc.
  • Radiology Oncology Systems, Inc.
  • Rhombus Medical Equipment., LLC
  • Siemens Healthineers Ag
  • Venture Medical Requip, Inc.