Remanufactured Medical Imaging Devices Market is expected to reach US$ 4.54 Bn. at a CAGR of 7.1% during the forecast period 2029.Remanufactured Medical Imaging Devices Market Overview
According to the US Food and Drug Administration, remanufacturing of medical devices involves the restoration of extra features or upgrades, refurbishment, repackaging, conditioning, and processing of a final item. This method is expected to improve the product significantly over the original equipment, which is expected to benefit the global remanufactured medical imaging devices market from 2021 to 2029.To know about the Research Methodology :- Request Free Sample Report
Remanufactured Medical Imaging Devices Market Dynamics
The market is driven by an extensive shift of different health institutions towards value-driven health care, increasing demand for advanced digital diagnostics imaging systems, degradation of reimbursement policies on medical imaging equipment, and the continuous domination of sales of reconstructed medical equipment. Reproduced medical equipment is projected to see a lucrative rise over the following two decades, according to the Japan Industries Association of Radiological systems (JIRA) and the Electrochemical and Healthcare IT Industry (COCIR). Furthermore, the market is gaining traction as a result of several reasons, including the growing percentage of geriatrics in the global population, the incidence of target illnesses, the rising desire for early identification of incurable diseases, and the introduction of novel applications. Increasing cost-cutting requirements on healthcare institutions, as well as the dangers associated with these devices, are projected to constrain the market during the forecast period. Additionally, the market for remanufactured medical imaging devices is rapidly evolving, with a growing preference for point-of-care testing and personalized medicine, as well as the introduction of cost-effective lab tests and integrated analytical systems, which are expected to provide new opportunities for market merchants.Remanufactured Medical Imaging Devices Market Segment Analysis
By Product, medical imaging equipment was one of the greatest revenue-generating product segment in 2021 because of the rising use of medical imaging for the detection of chronic diseases such as cancer and heart ailments. Nuclear medicine systems and CT scanners are examples of remanufactured medical equipment. MRI machines, ultrasound systems, and X-ray machines are examples of medical imaging equipment. Due to the constantly rising number of heart and lung problems worldwide, the defibrillator and cardiovascular and cardiology equipment industry is likely to have profitable growth throughout the forecast period. By Application, hospitals & clinics are projected to dominate the market because they have all of the diagnostic imaging equipment and machinery. As a result, individuals prefer to visit hospitals and clinics for diagnostic imaging. However, the diagnostic center's segment is predicted to increase significantly as a result of increased diagnostic imaging infrastructure and diagnostic test capabilities. Improvements in their services, a focus on patient happiness, and the availability of reports via apps or email, among other things, are some of the major drivers driving segmental development. Competitive Landscape Major manufacturers use a variety of techniques, including new product launches, mergers and acquisitions, and foraying into new markets to grow their footprints. As an example, in October 2019, the Israeli medical diagnostic artificial intelligence (AI) company, announced that its stroke and Accipio intracranial haemorrhage (ICH) software will be integrated into Philips computed tomography (CT) devices. It will be simpler to detect cerebral bleeding with the integration of this AI-powered technology into CT scanners, allowing caregivers to identify and prioritize patients suffering from numerous life-threatening illnesses such as head trauma, stroke, and traumatic brain injury. Siemens Healthcare GmbH announced the launch of two new magnetic resonance imaging scanners in 2019. The goods were an instant hit with healthcare professionals, and Siemens' medical imaging instruments were in high demand. The increase in supply has a direct influence on the US market as a whole.Remanufactured Medical Imaging Devices Market Regional Insights
North America had the greatest market share in terms of revenue worth $258.4 million because of the existence of multiple market competitors and a rising inclination for remanufactured medical equipment in this area. In the United States, hospitals and diagnostic imaging facilities are the two most common end-users of this medical equipment. China, the world's second-biggest economy, is expected to reach a market size of US$261.5 million by 2021, with a compound annual growth rate of 6.7 % from 2021 to 2029. The government's growing investment in the construction of healthcare facilities is driving the market in India. India's overall healthcare spending accounts for about 3.6 % of the country's GDP. This has resulted in the growth and strengthening of the country's healthcare infrastructure. Furthermore, market growth is likely to be fueled by the growth of big hospital chains across the country through 2029. Japan and Canada are two more important geographic markets, with forecasted growth rates of 1.2 % and 2.9 %, respectively, from 2021 to 2029. Germany is expected to grow at a CAGR of around 1.9 % in Europe. The objective of the report is to present a comprehensive analysis of the Global Remanufactured Medical Imaging Devices Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Remanufactured Medical Imaging Devices Market dynamics, structure by analyzing the market segments and project the Global Remanufactured Medical Imaging Devices Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Remanufactured Medical Imaging Devices Market make the report investor’s guide.Remanufactured Medical Imaging Devices Market Scope: Inquire before buying
Global Remanufactured Medical Imaging Devices Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 2.62 Bn. Forecast Period 2022 to 2029 CAGR: 7.1% Market Size in 2029: US $ 4.54 Bn. Segments Covered: by Product • Medical Imaging • Intensive Care Equipment • OR Equipment • Patient Monitors by Application • Hospitals & Clinics • Diagnostic Centers • Ambulatory Care Centers • Others Remanufactured Medical Imaging Devices Market by Region
• North America • Asia pacific • Europe • Middle East and Africa • South AmericaRemanufactured Medical Imaging Devices Market Key Players
• Hitachi Medical Corporation • Koninklijke Philips N.V • Carestream Health Inc • GE Healthcare • Shimadzu Corporation • Siemens Healthineers AG • Atlantis Worldwide • Canon Medical Systems Corporation • FUJIFILM Holdings Corporation • Block Imaging (US) • SOMA TECH INTL. (US) • Avante Health Solutions (US) • Hilditch Group (UK) • Everx Pvt Ltd. (Australia) • Integrity Medical Systems Inc.(US) • Radiology Oncology Systems Inc.(US) • Master Medical Equipment (US) • US Med-Equip (US) • Fair Medical Co. Ltd. (Japan) • Future Health Concepts (US) Frequently Asked Questions: 1. Which region has the largest share in Global Remanufactured Medical Imaging Devices Market? Ans: North America region held the highest share in 2021. 2. What is the growth rate of Global Remanufactured Medical Imaging Devices Market? Ans: The Global Remanufactured Medical Imaging Devices Market is growing at a CAGR of 7.1% during forecasting period 2022-2029. 3. What is scope of the Global Remanufactured Medical Imaging Devices market report? Ans: Global Remanufactured Medical Imaging Devices Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Remanufactured Medical Imaging Devices market? Ans: The important key players in the Global Remanufactured Medical Imaging Devices Market are – GE Healthcare, Shimadzu Corporation, Siemens Healthineers AG, Atlantis Worldwide, Canon Medical Systems Corporation, FUJIFILM Holdings Corporation, Block Imaging (US), SOMA TECH INTL. (US), Avante Health Solutions (US), Hilditch Group (UK), Everx Pvt Ltd. (Australia), Integrity Medical Systems Inc.(US), Radiology Oncology Systems Inc.(US), Master Medical Equipment (US), US Med-Equip (US), Fair Medical Co. Ltd. (Japan), and Future Health Concepts (US) 5. What is the study period of this market? Ans: The Global Remanufactured Medical Imaging Devices Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Remanufactured Medical Imaging Devices Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Remanufactured Medical Imaging Devices Market 3.4. Geographical Snapshot of the Remanufactured Medical Imaging Devices Market, By Manufacturer share 4. Global Remanufactured Medical Imaging Devices Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Remanufactured Medical Imaging Devices Market 5. Supply Side and Demand Side Indicators 6. Global Remanufactured Medical Imaging Devices Market Analysis and Forecast, 2021-2029 6.1. Global Remanufactured Medical Imaging Devices Market Size & Y-o-Y Growth Analysis. 7. Global Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 7.1.1. Medical Imaging 7.1.2. Intensive Care Equipment 7.1.3. OR Equipment 7.1.4. Patient Monitors 7.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 7.2.1. Hospitals & Clinics 7.2.2. Diagnostic Centers 7.2.3. Ambulatory Care Centers 7.2.4. Others 8. Global Remanufactured Medical Imaging Devices Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 9.1.1. Medical Imaging 9.1.2. Intensive Care Equipment 9.1.3. OR Equipment 9.1.4. Patient Monitors 9.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 9.2.1. Hospitals & Clinics 9.2.2. Diagnostic Centers 9.2.3. Ambulatory Care Centers 9.2.4. Others 10. North America Remanufactured Medical Imaging Devices Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 12. Canada Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 13. Mexico Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 14. Europe Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 15. Europe Remanufactured Medical Imaging Devices Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 17. France Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 18. Germany Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 19. Italy Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 20. Spain Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 21. Sweden Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 22. CIS Countries Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 23. Rest of Europe Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 24. Asia Pacific Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 25. Asia Pacific Remanufactured Medical Imaging Devices Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 27. India Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 28. Japan Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 29. South Korea Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 30. Australia Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 31. ASEAN Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 32. Rest of Asia Pacific Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 33. Middle East Africa Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 34. Middle East Africa Remanufactured Medical Imaging Devices Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 36. GCC Countries Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 37. Egypt Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 38. Nigeria Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 39. Rest of ME&A Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 40. South America Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 41. South America Remanufactured Medical Imaging Devices Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 43. Argentina Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 44. Rest of South America Remanufactured Medical Imaging Devices Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Remanufactured Medical Imaging Devices Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. GE Healthcare 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Hitachi Medical Corporation 45.5. Koninklijke Philips N.V 45.6. Carestream Health Inc 45.7. GE Healthcare 45.8. Shimadzu Corporation 45.9. Siemens Healthineers AG 45.10. Atlantis Worldwide 45.11. Canon Medical Systems Corporation 45.12. FUJIFILM Holdings Corporation 45.13. Block Imaging (US) 45.14. SOMA TECH INTL. (US) 45.15. Avante Health Solutions (US) 45.16. Hilditch Group (UK) 45.17. Everx Pvt Ltd. (Australia) 45.18. Integrity Medical Systems Inc.(US) 45.19. Radiology Oncology Systems Inc.(US) 45.20. Master Medical Equipment (US) 45.21. US Med-Equip (US) 45.22. Fair Medical Co. Ltd. (Japan) 45.23. Future Health Concepts (US) 46. Primary Key Insights