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Worldwide Refurbished Medical Equipment Market About To Hit CAGR of 9.7% From 2017 to 2026

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Refurbishment is restoration of equipment or device to a reusable condition without changing the basic specifications of the device.The first five-year cumulative revenue (2017-2021) is projected to be over US$ 38 Bn, which is expected to increase rather moderately over the latter part of the five-year forecast period.

Global Refurbished Medical Equipment Market: Segmental Snapshot

By type: The cardiovascular & cardiology equipment segment is expected to be fastest growing type segment in the global refurbished medical equipment market with a CAGR over 9.5% between 2017 and 2026.

By application: The hospitals segment is expected to account for highest revenue share among the application segments in the global refurbished medical equipment market, which is projected to expand at a CAGR over 9.5% over the forecast period.

By region/country: The market in North America accounted for highest revenue share in the global refurbished medical equipment market in 2016, and is expected to register a CAGR over 9.5% between 2017 and 2026.

Source: https://marketresearch.biz/infographics/refurbished-medical-equipment-market/


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