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Pre-Owned Medical Devices Market is Expected to Reach USD 4.9 Billion Globally in 2019: Transparency Market Research
Date:11/14/2013

e lucrativeness of the refurbished pre-owned CT machines market, many OEMs have included refurbishing of pre-owned CT machines in their proprietary, organized and accredited programs. Due to this factor, although third-party refurbishers do exist, the OEMs have garnered a leading market share of the refurbished pre-owned CT machines market. The trade terms differ accordingly, as the OEMs offer discounts of only ~20% on refurbished pre-owned CT machines, whilst third-party refurbishers offer ~40% (or higher) discounts on refurbished pre-owned CT machines. The OEMs command premium price of refurbished pre-owned CT machines that is attributable to the branded service/solutions or accredited programs. Due to all afore-mentioned factors, the refurbishment business of pre-owned CT machines is a high-margin business for the OEMs.

Currently, in terms of geography, North America represents the largest market for refurbished pre-owned medical devices; the U.S. market has garnered a majority market share as the refurbishment of pre-owned medical devices originated in the U.S. There exists favorable perception and buying behavior of customer entities such as public hospitals, large private hospitals, clinics and diagnostic centers. A host of other factors contributing to the high market share of the U.S. include downturn in the economy, favorable supply-side infrastructure with large number of all categories of market participants - OEMs, third-party and standalone refurbishers.

The RoW market represents the smallest market for refurbished pre-owned medical devices (as compared to other geographical markets). Many of the countries in the RoW region have banned or discouraged the usage of refurbished pre-owned medical devices. None of the supply-side or the demand-side are developed due to such binding regulatory restraints. Due to this factor, the market growth rate is also expected to be the least (as compared to other geographical marke
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