Along with new laboratory instruments, the demand for refurbished medical devices is increasing at a fast pace. A report from Markets and Markets predicts that the global refurbished medical equipment market is expected to reach $9.37 billion by 2019, at a CAGR of 12.5% from 2014 to 2019. The region-wise analysis indicates that North America [...]
New medical equipment is usually very expensive and may be therefore unaffordable for small and medium research facilities.
Medical laboratory equipment is rather expensive. So, many healthcare professionals consider the option of used and refurbished medical equipment when purchasing equipment for their medical institutions. Refurbished medical equipment is actually used devices, sent back to the dealer, possibly because of some defect. Such products are often serviced and sold as new at a lower price.