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Pulished Date April, 2021
ID: 649
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Middle East & Africa Refurbished Medical Devices Market Research Report – Segmented By Product Type & By Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis, Size, Share, Growth, Trends, Forecast (2021 to 2026)

Pulished: April, 2021
ID: 649
Pages: 140

MEA Refurbished Medical Devices Market Size (2021 to 2026)

The Refurbished Medical Devices Market size in the Middle East & Africa was worth USD 0.86 billion in 2021. It is further estimated to be growing at a CAGR of 12.25% and value USD 1.54 billion by 2026.

The refurbishment procedure is anticipated to repair the device to its original condition, i.e., “like new.”  The equipment will experience sanitization, mending, and replacement of damaged parts, full cosmetic restoration, calibration, and other procedures necessary to return the system with all the specifications.  

Increasing demand for low-cost medical devices due to economic restraints, growing privatization of the healthcare sector, and rising acceptance of refurbished medical devices in developing countries are the major factors driving the refurbished medical devices market.

The adverse outlook of public organizations regarding the procurement of refurbished medical devices and lack of standardization policies related to the use of refurbished medical devices are some of the main limitations obstructing the market's growth.

This research report on the Middle East and Africa Refurbished Medical Devices Market has been 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
  • Other Medical Devices   

By Country: 

  • KSA
  • UAE
  • Israel
  • rest of GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • rest of MEA

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

Regionally, Africa's health care sector is displaying signs of significant improvement, as the quality of hospitals and the availability of experienced doctors have intensely improved over the past few years.

Companies playing a dominating role in the MEA 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 Middle-East                                

                6.3 Africa                            

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. Middle East & Africa Refurbished Medical Devices Market, By Region, From 2021 to 2026 (USD Billion)
  2. Middle East & Africa Refurbished Medical Devices Market, By Product Type, From 2021 to 2026 (USD Billion)
  3. Middle East & Africa Operating Room Devices & Surgical Devices Market, By Region, From 2021 to 2026 (USD Billion)
  4. Middle East & Africa Patient Monitors Market, By Region, From 2021 to 2026 (USD Billion)
  5. Middle East & Africa Defibrillators Market, By Region, From 2021 to 2026 (USD Billion)
  6. Middle East & Africa Neurology Devices Market, By Region, From 2021 to 2026 (USD Billion)
  7. Middle East & Africa Medical Imaging Devices Market, By Region, From 2021 to 2026 (USD Billion)
  8. Middle East & Africa Cardiovascular & Cardiology Devices Market, By Region, From 2021 to 2026 (USD Billion)
  9. Middle East & Africa IV Therapy Systems Market, By Region, From 2021 to 2026 (USD Billion)
  10. Middle East & Africa Endoscopy Devices Market, By Region, From 2021 to 2026 (USD Billion)
  11. Middle East & Africa Intensive Care Systems Market, By Region, From 2021 to 2026 (USD Billion)
  12. Middle East & Africa Neonatal Intensive-Care Devices Market, By Region, From 2021 to 2026 (USD Billion)
  13. Middle East Refurbished Medical Devices Market, By Product Type, From 2021 to 2026 (USD Billion)
  14. Africa Refurbished Medical Devices Market, By Product Type, From 2021 to 2026 (USD Billion)

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