Global power bank market, Forecast, Market Analysis, Global Industry Refurbished medical devices market | Page 2

Global refurbished medical devices market industry size, global
trends, growth, opportunities, market share and market forecast – 2018 to
2023
“According to the OMR analysis, the Global refurbished medical devices market is expected to
grow at a significant rate during 2018-2023. The global refurbished medical devices market has
witnessed a significant growth due to rise in sale of refurbished medical devices and equipment due
to online marketing. The Global Refurbished medical devices Market is segmented on the basis of
type, application, end user and geography. The report provides detailed and insightful chapters on
Market Overview, Key Findings, Strategic Recommendations, Market Estimations, Market
Determinants, Sector Analysis, Key Company Analysis, Market Insights, Company Profiling, Market
Segmentation, Geographical Analysis, Analyst Insights and predictive analysis of the market.”
Full report of Global Refurbished medical devices Market is available at:
https://www.omrglobal.com/industry-reports/refurbished-medical-devices-market/
“The refurbished medical devices market is driven by rise in sale of the refurbished device owing to
the online marketing. Vendors are adopting various strategies such as organizing promotional
event at several healthcare organizations, participating in industry exhibitions and online
marketing for the promotion and advertisement of their device to a larger consumer base. Online
marketing allows the vendors for attracting more consumers in a quick and easy way. Online
marketing of the devices has many advantages as minimum distribution and operational costs that
encourage players for shifting their promotional events online. The manufacturers sell their
refurbished medical equipment online along with their accessories that add value to the customer
purchase. Vendors are even adopting strategies such as include discounts and promotional offers
on single and bulk purchase of devices for increasing the sale of their devices.”
The market on the basis of geography is divided among four major regions – North America, APAC,
Europe, and Rest of the world. North America is the leading market. The market is expected to grow
at a stable CAGR. North American market is driven by increasing adoption of low-cost refurbished
devices in the US. Asia Pacific market is expected to have the highest CAGR amongst all regions for
the forecasted period of 2018-2023. APAC market is driven by the increasing demand in the region
owing to the budget constraints of private hospitals.