India Refurbished Medical Equipment Market To Grow Exponentially

Market to Surpass USD 1 Billion by 2018.

Release Date: 28-Apr-2014



Refurbished good have a brought a drastic change in the way health economics is taking shape in India. More and more charitable hospitals and diagnostics have mushroomed owing to overcoming the biggest barrier of high capital costs of the diagnostic and medical imaging equipments.

Indian refurbished medical equipments market can grossly be divided into two kinds of manufacturers: the ones offering life support devices like ventilators and defibrillators and the ones offering the heavier medical imaging equipments like CT scanners, MRIs and the X-Rays. Most of these devices are imported, bought from OEMs and sold in India. A current shift in the ownership model has been observed where the OEMs prefer to set up their own refurbished goods base in emerging nations like India, than to tie up with third party vendors. Most of these third party owners usually act like brokers intending to just sell of the refurbished product; giving bad name and maligning the name of the original equipment manufacturer. Certain backhand knowledge and technical expertise is needed to ensure the refurbishment is carried out properly.

India so far has had no ban on imports of these medical equipments, whether they are high-quality equipments refurbished to the original manufacturer’s specifications or second-hand equipment of undefined quality. What manufacturers fail to understand is the safety and effectiveness of any medical device is the key to ensuring patient health than compromising on it, leave aside the refurbished medical equipment market.

 

India Refurbished Medical Imagining Equipment Report Highlights:

 

 

For More Information Visit: “India Refurbished Medical Imaging Equipment Market Analysis”

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