The refurbished MRI systems market size has grown rapidly in recent years. It will grow from $0.70 billion in 2023 to $0.77 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to the need for cost-effective solutions, limitations in healthcare budgets, rise in overall healthcare expenditures, increasing prevalence of chronic diseases, and demand for advanced diagnostic tools.
The refurbished MRI systems market size is expected to see rapid growth in the next few years. It will grow to $1.15 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to rising demand for affordable medical devices, increasing awareness about healthcare benefits, expanding aging population demographics, government initiatives to improve healthcare, and efforts to improve healthcare access. Major trends in the forecast period include technological advancements in refurbishment processes, rising availability of certified pre-owned MRI systems, expansion of independent refurbishing companies, enhanced focus on sustainability and eco-friendly practices, and growth in online sales channels and platforms.
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Scope Of Refurbished MRI Systems Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Refurbished MRI Systems Market Overview
Market Drivers –
The refurbished MRI systems market size has grown rapidly in recent years. It will grow from $0.70 billion in 2023 to $0.77 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to the need for cost-effective solutions, limitations in healthcare budgets, rise in overall healthcare expenditures, increasing prevalence of chronic diseases, and demand for advanced diagnostic tools.
The refurbished MRI systems market size is expected to see rapid growth in the next few years. It will grow to $1.15 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to rising demand for affordable medical devices, increasing awareness about healthcare benefits, expanding aging population demographics, government initiatives to improve healthcare, and efforts to improve healthcare access. Major trends in the forecast period include technological advancements in refurbishment processes, rising availability of certified pre-owned MRI systems, expansion of independent refurbishing companies, enhanced focus on sustainability and eco-friendly practices, and growth in online sales channels and platforms.
Market Trends –
The refurbished mri systems market covered in this report is segmented –
1) By Architecture: Closed System, Open System
2) By Field Strength: Low Field Strength, Mid Field Strength, High Field Strength
3) By End Use: Hospitals, Imaging Centres, Ambulatory Surgical Centres, Other End Users
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Regional Insights –
North America was the largest region in the refurbished MRI systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the refurbished mri systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Table of Contents
1. Executive Summary
2. Refurbished MRI Systems Market Report Structure
3. Refurbished MRI Systems Market Trends And Strategies
4. Refurbished MRI Systems Market – Macro Economic Scenario
5. Refurbished MRI Systems Market Size And Growth
…..
27. Refurbished MRI Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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