Refurbished Medical Equipment Market - Forecast (2021 - 2026)
Refurbished medical equipment market is being primarily driven by factors like development of e-commerce platform enhancing the ease of purchase of refurbished medical equipment, growing demand for refurbished medical equipment in the private healthcare sector, rise in the awareness among people regarding refurbished medical equipment, increasing government initiative across the globe, growing demand for capital-intensive diagnostic imaging equipment. In addition, rising number of private hospitals and diagnostic centres, increase in adoption of refurbished medical equipment in emerging economies such as China, India and others, will create new opportunities for global refurbished medical equipment market. However, higher cost of the research and development, and complex government approval processes are the key restraints for global refurbished medical equipment market. Globally, development of e-commerce platform enhancing the ease of purchase of refurbished medical equipment, growi...