Category:
Business
The global refurbished medical equipment market is projected to grow at a CAGR of 12.17% to reach US$18.347 billion by 2025 from US$9.211 billion in 2019. Refurbished medical equipment is defined as a restored medical device rebuilt to a condition that is comparable to the new equipment. Refurbishment includes reconditioning, repair, installation of certain software/hardware updates without changing the intended use of the original device, and replacement of worn parts.




