Refurbished Medical Equipment Market Is Anticipated To Witness High Growth Owing To Increase In Healthcare Facilities
Refurbished Medical Equipment Market Refurbished medical equipment provides an affordable alternative to purchasing new equipment and involves the upgrading, repairing, and testing of medical devices to extend their usable lifespan. With the growth in the number of hospitals and clinics catering to a large patient pool, there is an increased demand for quality medical equipment at lower costs. This has boosted the refurbished medical equipment market as these reconditioned systems are available at 30%-70% lower prices than new ones. The Global Refurbished Medical Equipment Market is estimated to be valued at US$ 14.21 Bn in 2024 and is expected to exhibit a CAGR of 5.4% over the forecast period 2024 to 2030. Key Takeaways Key players operating in the refurbished medical equipment are Crayola LLC, Faber-Castell AG, Sargent Art, Reeves (Colart Group), Liquitex (Colart Group), Sax Arts & Crafts, Prang (Dixon Ticonderoga Company), RASCHER GmbH, Richeson Art...