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Pulished Date February, 2020
ID: 646
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Europe Refurbished Medical Devices Market Research Report – Segmented By Product Type & By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis, Size, Share, Growth, Trends, Forecast (2019 - 2024)

Pulished: February, 2020
ID: 646
Pages: 142

Europe Refurbished Medical Devices Market Size & Growth (2019 - 2024)

The size of the Refurbished Medical Devices Market in Europe was worth USD 1.98 billion in 2019 and estimated to be growing at a CAGR of 12.3%, to reach USD 3.53 billion by 2024. Europe is the second-largest market globally after North America.

With reduced budgets and accelerating the number of medical procedures in the European region, the necessity to spend less on equipment while attaining the maximum benefit from them has continued demand for high-quality refurbished imaging devices. The increasing number of private hospitals and diagnostic centers and growing demand for refurbished devices in developing markets are generating opportunities for growth of the refurbished medical devices market.

The growth of the refurbished medical devices market is largely driven by the rising prevalence of lifestyle diseases (such as cancer and CVD), increasing geriatric population, growing demand for refurbished medical products by small and medium-sized hospitals and upgrading healthcare facilities.

Conversely, the negative outlook of end-users for the quality of refurbished medical products is a key factor restraining 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: UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe

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, Germany and U.K regions are estimated to attain robust growth for refurbished medical devices market in the forecast period.

Key players operating in Europe 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                                              

                                6.1 Introduction               

                                6.2 U.K 

                                6.3 Spain             

                                6.4 Germany     

                                6.5 Italy               

                                6.6 France          

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                 

Appendix                                           

                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. Europe Refurbished Medical Devices Market By Region, From 2019-2024 (USD Billion)
  2. Europe Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)
  3. Europe Operating Room Devices & Surgical Devices Market By Region, From 2019-2024 (USD Billion)
  4. Europe Patient Monitors Market By Region, From 2019-2024 (USD Billion)
  5. Europe Defibrillators Market By Region, From 2019-2024 (USD Billion)
  6. Europe Neurology Devices Market By Region, From 2019-2024 (USD Billion)
  7. Europe Medical Imaging Devices Market By Region, From 2019-2024 (USD Billion)
  8. Europe Cardiovascular & Cardiology Devices Market By Region, From 2019-2024 (USD Billion)
  9. Europe IV Therapy Systems Market By Region, From 2019-2024 (USD Billion)
  10. Europe Endoscopy Devices Market By Region, From 2019-2024 (USD Billion)
  11. Europe Intensive Care Systems Market By Region, From 2019-2024 (USD Billion)
  12. Europe Neonatal Intensive-Care Devices Market By Region, From 2019-2024 (USD Billion)
  13. U.K Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)
  14. Spain Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)
  15. Germany Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)
  16. Italy Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)
  17. France Refurbished Medical Devices Market By Product Type, From 2019-2024 (USD Billion)

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