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Pulished Date February, 2020
ID: 647
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Asia Pacific Refurbished Medical Devices Market Research Report – Segmented By Product Type & By Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis, Size, Share, Growth, Trends, Forecast (2019 - 2024)

Pulished: February, 2020
ID: 647
Pages: 143

APAC Refurbished Medical Devices Market Size & Growth (2019 – 2024)

The size of the Refurbished Medical Devices Market in the Asia Pacific was worth USD 1.72 billion in 2019 and estimated to be growing at a CAGR of 13.17%, to reach USD 3.2 billion by 2024.  

Factors such as growing privatization of the healthcare sector, increasing number of surgical centers and hospitals, and the escalating focus of international and domestic players in the Asia-Pacific refurbished medical devices market are boosting its growth.

The rise in demand is observed for the refurbished medical devices market, along with the novel devices market. Refurbishment of devices is a structured technique or a procedure to inspect the safety & efficiency of the user device and confirms that all the safety factors are met before the use of the device, without altering its proposed use as per the original listing. The life of medical devices also plays a vibrant role in the stipulation of the refurbished device.

Development of the private healthcare sector has augmented the interest of high-quality imaging modalities, as private hospitals emphasis strongly on returns on investment. Refurbished medical imaging devices offer these hospitals with a chance to stay ahead of contenders by directing more advanced procedures at a lesser cost.

Government regulations that have constrained the purchase of used devices in some regions are expected to hinder the market growth.

This research report segmented and sub-segmented into the following categories:

  • By Product Type: Operating Room Devices & Surgical Devices, Patient Monitors, Defibrillators, Neurology Devices, Medical Imaging Devices, Cardiovascular & Cardiology Devices, IV Therapy Systems, Endoscopy Devices, Intensive Care Systems, Neonatal Intensive-Care Devices, And Other Medical Devices
  • By Country: India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC

On the basis of product type, the patient monitor device segment holds the major share in the market due to the less cost of the product, growing awareness for chronic diseases and technological developments such as innovations of portable patient monitoring devices. 

Regionally, China is dominating the refurbished medical devices market in this region and expected to continue its dominance over the forecast period.

Promising companies leading the APAC Refurbished Medical Devices Market profiled in this report are Siemens Healthcare systems, First Source Inc., DMS Topline, Radio Oncology Systems Inc., Johnson & Johnson, GE Healthcare, DRE Inc., Block Imaging International Inc., Integrity Medical systems Inc., Everx Pvt Ltd., Philips Healthcare, Agito Medical A/S and Soma Technology.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments                               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 By Product Type                       

                                5.1.1 Operating Room Devices & Surgical Devices             

                                5.1.2 Patient Monitors  

                                5.1.3 Defibrillators          

                                5.1.4 Neurology Devices              

                                5.1.5 Medical Imaging Devices   

                                5.1.6 Cardiovascular & Cardiology Devices            

                                5.1.7 IV Therapy Systems            

                                5.1.8 Endoscopy Devices              

                                5.1.9 Intensive Care Systems     

                                5.1.10 Neonatal Intensive-Care Devices

                                5.1.11 Other Medical Devices    

6. Geographical Analysis                                              

                6.3 Asia-Pacific                 

                                6.1 Introduction               

                                6.2 China             

                                6.3 India              

                                6.4 Japan            

                                6.5 South Korea               

                                6.6 Australia      

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Siemens Healthcare systems                              

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues             

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 First Source Inc.                        

                8.3 DMS Topline                              

                8.4 Radio Oncology Systems Inc.                              

                8.5 Johnson & Johnson                 

                8.6 GE Healthcare                           

                8.7 DRE Inc.                        

                8.8 Block Imaging International Inc.                         

                8.9 Integrity Medical systems Inc.                            

                8.10 Everx Pvt Ltd.                          

                8.11 Philips Healthcare                  

                8.12 Soma Technology                  

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Expert Opinions                                        

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 


                a) List of Tables                

                b) List of Figures                              

  • Regional, and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia-Pacific Refurbished Medical Devices Market By Region, From 2019-2024 (USD Billion)
  2. Asia-Pacific Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)
  3. Asia-Pacific Operating Room Devices & Surgical Devices Market By Region, From 2019-2024 (USD Billion)
  4. Asia-Pacific Patient Monitors Market By Region, From 2019-2024 (USD Billion)
  5. Asia-Pacific Defibrillators Market By Region, From 2019-2024 (USD Billion)
  6. Asia-Pacific Neurology Devices Market By Region, From 2019-2024 (USD Billion)
  7. Asia-Pacific Medical Imaging Devices Market By Region, From 2019-2024 (USD Billion)
  8. Asia-Pacific Cardiovascular & Cardiology Devices Market By Region, From 2019-2024 (USD Billion)
  9. Asia-Pacific IV Therapy Systems Market By Region, From 2019-2024 (USD Billion)
  10. Asia-Pacific Endoscopy Devices Market By Region, From 2019-2024 (USD Billion)
  11. Asia-Pacific Intensive Care Systems Market By Region, From 2019-2024 (USD Billion)
  12. Asia-Pacific Neonatal Intensive-Care Devices Market By Region, From 2019-2024 (USD Billion)
  13. China Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)
  14. India Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)
  15. Japan Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)
  16. South Korea Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)
  17. Australia Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)

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