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Global Refurbished Medical Equipment Market 2025 by Company, Regions, Type and Application, Forecast to 2030
Refurbished Medical Equipment are fully tested, cleaned, calibrated and upgraded with new parts and renovation of older or damaged equipment to bring it to a workable or better looking condition and is free of defects. The remanufacturing of medical devices is a growing phenomenon within the health-care industry. The types of devices that are currently refurbished range from machines such as neonatal monitors and anesthesia vaporizers to devices used in surgery, such as forceps, endoscopes, and cytoscopes. Many firms are also restoring used disposable devices, such as catheters and surgical cutting instruments and accessories. Regardless of the product type, medical device remanufacturing carries an indisputable benefit--reduced health-care costs. According to our (Global Info Research) latest study, the global Refurbished Medical Equipment market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Global Refurbished Medical Equipment key players include GE Healthcare, Philips Healthcare, Siemens Healthineers, etc. Global top three manufacturers hold a share over 55%. This report is a detailed and comprehensive analysis for global Refurbished Medical Equipment market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided. Key Features:
Sample Plan: https://www.reportsintellect.com/sample-request/2911501 Global Refurbished Medical Equipment market size and forecasts, in consumption value ($ Million), 2019-2030 Global Refurbished Medical Equipment market size and forecasts by region and country, in consumption value ($ Million), 2025-2030 Global Refurbished Medical Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2030 Global Refurbished Medical Equipment market shares of main players, in revenue ($ Million), 2019-2025
The Primary Objectives in This Report Are: https://www.reportsintellect.com/discount-request/2911501
To determine the size of the total market opportunity of global and key countries To assess the growth potential for Refurbished Medical Equipment To forecast future growth in each product and end-use market To assess competitive factors affecting the marketplace This report profiles key players in the global Refurbished Medical Equipment market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE Healthcare, Siemens Healthcare, Philips Healthcare, Ultra Solutions and Agito Medical, etc. This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence. Market segmentation Refurbished Medical Equipment market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets. Market segment by Type Medical Imaging Equipment Operating Room and Surgical Equipment Monitoring Equipment Defibrillators Cardiovascular and Cardiology Equipment IV Therapy Systems Neurology Equipment Endoscopy Equipment Others Market segment by Application Hospital Clinic Others Market segment by players, this report covers GE Healthcare Siemens Healthcare Philips Healthcare Ultra Solutions Agito Medical Soma Technology Block Imaging Whittemore Enterprises Radiology Oncology Systems Integrity Medical Systems TRACO Market segment by regions, regional analysis covers North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, Italy, and Rest of Europe) Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific) South America (Brazil, Argentina and Rest of South America) Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
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Impact of COVID-19 on Gas Sensors Market Report: Industry Analysis, Size, Share, Growth, Trends, and Forecast
Impact of COVID-19 on Gas Sensors Market Report: Industry Analysis, Size, Share, Growth, Trends, and Forecast
The Impact of COVID-19 on Gas Sensors Market refers to the global market for sensors designed to detect and measure various gases, including toxic and combustible gases. These sensors are crucial in various industries, such as automotive, building and construction, oil and gas, chemicals, medical and healthcare, food and beverage, and others. The market has witnessed significant growth in recent years due to increasing demand for gas sensors in various applications, including industrial processes, environmental monitoring, and medical devices.
The latest trends in the Impact of COVID-19 on Gas Sensors Market include:
Increasing adoption of gas sensors in IoT applications
Growing demand for wireless and portable gas sensors
Advancements in sensor technologies, such as MEMS and nanotechnology
Rising concern for occupational health and safety
Increasing government regulations and standards for gas sensors
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Market Size and Forecast
The global Impact of COVID-19 on Gas Sensors Market size was valued at USD 996.81 million in 2023 and is projected to reach from USD 987.84 million in 2024 to USD 919.58 million by 2032, growing at a CAGR of -0.9% during the forecast period (2024–2032).
Market Segmentation
By Technology
Electrochemical: Electrochemical gas sensors are widely used in various industries, including automotive, industrial processes, and medical devices. These sensors offer high sensitivity and accuracy in detecting toxic and combustible gases.
Photoionization Detection (PID): PID gas sensors are used to detect volatile organic compounds (VOCs) and other toxic gases. These sensors offer high sensitivity and are widely used in environmental monitoring and industrial processes.
Metal Oxide Semiconductor (MOS): MOS gas sensors are widely used in various industries, including automotive, industrial processes, and consumer electronics. These sensors offer high sensitivity and are relatively low-cost.
By End-User
Automotive and Transportation: Gas sensors are widely used in the automotive industry for various applications, including emission control, fuel efficiency, and safety.
Building and Construction: Gas sensors are used in building automation systems to monitor indoor air quality and detect toxic gases.
Oil and Gas: Gas sensors are widely used in the oil and gas industry for various applications, including leak detection, emission monitoring, and process control.
Chemicals: Gas sensors are used in the chemical industry to monitor toxic gases and ensure worker safety.
Medical and Healthcare: Gas sensors are used in medical devices, such as anesthesia machines and ventilators, to monitor gas concentrations and ensure patient safety.
Food and Beverage: Gas sensors are used in the food and beverage industry to monitor gas concentrations and ensure product quality.
Others: Gas sensors are used in various other industries, including environmental monitoring, industrial processes, and consumer electronics.
Growth Factors
Increasing demand for gas sensors in various industries, including automotive, building and construction, oil and gas, and medical and healthcare
Advancements in sensor technologies, such as MEMS and nanotechnology
Rising concern for occupational health and safety
Increasing government regulations and standards for gas sensors
Opportunities
Growing demand for wireless and portable gas sensors
Increasing adoption of gas sensors in IoT applications
Rising demand for gas sensors in emerging economies, such as China, India, and Brazil
List of Key Players
Honeywell Analytics: Honeywell Analytics is a leading provider of gas sensors and detection systems for various industries, including automotive, oil and gas, and medical and healthcare.
MSA Safety: MSA Safety is a leading provider of gas sensors and detection systems for various industries, including oil and gas, chemicals, and medical and healthcare.
Amphenol: Amphenol is a leading provider of gas sensors and detection systems for various industries, including automotive, aerospace, and industrial processes.
Figaro: Figaro is a leading provider of gas sensors and detection systems for various industries, including automotive, industrial processes, and medical and healthcare.
Alphasense: Alphasense is a leading provider of gas sensors and detection systems for various industries, including automotive, industrial processes, and medical and healthcare.
Sensirion AG: Sensirion AG is a leading provider of gas sensors and detection systems for various industries, including automotive, industrial processes, and medical and healthcare.
AKM: AKM is a leading provider of gas sensors and detection systems for various industries, including automotive, industrial processes, and medical and healthcare.
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#Impact of COVID-19 on Gas Sensors Market#Impact of COVID-19 on Gas Sensors Market Share#Impact of COVID-19 on Gas Sensors Market Size
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Sensors in Healthcare Applications Market - Forecast(2024 - 2030)
Sensors Market in Healthcare Applications Overview:
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This is one of the segments in the healthcare sector which is creating opportunities in the sensors market in healthcare applications for the vendors; and according to the findings by IndustryARC’s market analyst, the global market size was $18 billion to $20 billion in 2018. Furthermore, the analyst estimates the medical imaging application segment of the sensors market in the healthcare sector to grow with a global CAGR of 8% to 10% during the forecast period of 2024 to 2030.
The technology of motion sensors in APAC is on the perpetual rise. This is coupled with respiratory diseases that are attributed to the air pollution which is the major concern in the developing countries of APAC, and it is quite evident when the urban air population was held responsible for the death of 500,000 individuals by the World Health Organization (WHO)[2]. This is having a consequent effect on the sales of medical sensors APAC, and according to the market analyst, the region held the maximum regional market share of around 30% in 2018.
Sensors Market in Healthcare Applications Outlook:
Sensors are generally used in the healthcare sector for remote patient monitoring through health rate monitor. They are used in different ways that range from medical imaging, rehabilitation robotics and through wearable devices that monitor the health of the patient remotely. The global medical imaging equipment revenues are poised to reach $24 billion in 2020, according to WHO[3]. Now, these imaging equipment make use of sensors which is leading to subsequent stir in the sensors market in healthcare applications. According to the market analyst of IndustryARC, the application of sensors in medical imaging will observe a supercharging CAGR of more than 15% through to 2025.
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Sensors Market in Healthcare Applications Growth Drivers:
The Evolution of Medical Diagnosis –
There is a myriad of rare or newly found diseases in the contemporary world which do not have a specific diagnostic process. However, there is a constant R&D by medical institutes across the globe to create a diagnostic process and formulate new medicines for these diseases. This is coupled with the technological advancements such as sensors which are leveraged by health care professionals to evaluate the disease and formulate vaccines that can cure them which is driving the demand growth in sensors market in healthcare applications.
The Nascent Virtual Healthcare Systems –
Nowadays, hospitals have a patient portal which collates the data pertaining to patient history that include every stage from diagnosis to the last visit. These portals are utilized for data analysis and to enhance disease management. Each patient has a unique account which can be accessed by hospital management or the patient which creates the need for an IoT sensor which can connect all the information about a patient and make a database on the portal. This is a rampant practice in hospitals which is further flourishing the sensors market in healthcare applications.
Sensors in Medical Equipment –
Pressure sensors are an integral part of anesthesia delivery machines, oxygen concentrators, ventilators, and other healthcare equipment that are used for kidney dialysis, blood pressure monitoring, and hospital bed surgical fluid management systems. “The diverse application of sensors in medical equipment coupled with the fact that healthcare equipment market demand is observing a steady growth owing to the increasing incidences of chronic diseases is creating a sustainable demand of sensors which will observe an increment in the future,” remarks the market analyst in the market research report.
Sensors Market in Healthcare Applications Challenges:
Sensors Market in Healthcare Applications Key Players Perspective:
The key players striving to capitalize on the demand influx in the sensors market in healthcare applications are Smiths Group, Honeywell, GE, STMicroelectronics, MSI, Analog, TI, NXP, First Sensor, Medtronic, TE Connectivity, Murata, and Sensiron.
Sensors Market in Healthcare Applications Trends:
Latest Development — In May 2018, LifePlus Inc. announced about the development of the world’s first non-invasive continuous blood glucose monitoring multi-sensor wearable device.
Cardiac monitors, wearable imaging, and diagnostic wearable are three trends that are going to influence the sensors market in healthcare applications in the future.
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Sensors Market in Healthcare Applications Research Scope:
The base year of the study is 2023, with forecast done up to 2030. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the sensors market in healthcare applications. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of sensors market in healthcare applications, and their specific applications in patient monitoring, diagnostics, therapeutics, imaging, and others.
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Sensors Market in Healthcare Applications Report: Industry Coverage
The report analyses the product demands by the type of product — temperature, pressure, chemical, bio, level, flow, position, and others.
The sensors market in healthcare applications report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:
North America: The U.S., Canada, Mexico
South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark
APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
Middle East and Africa: Israel, South Africa, Saudi Arabia
Key Questions Addressed in the Sensors Market in Healthcare Applications Market Report
Is the market demand for Sensors Market in Healthcare Applications growing? How long will it continue to grow and at what rate?
Which type of home security system presents the major growth opportunities?
Is there a possibility for change in the market structure over time?
Are additional developments needed for the existing product or services offerings or do the existing products meet the customer demands?
Do the key vendors look for partnerships to expand their businesses with respect to geography or product?
What are the short-term, long-term, and medium-term growth drivers for the market?
What are the short-term, medium-term, and long-term challenges for the market?
What are the short-term, medium-term, and long-term opportunities for the market
Who are the top players/companies of the market?
What are the recent innovations in the market?
How many patents have been filed by the leading players?
What are the types of patents filed by the leading players?
What is our Vision 2030 for Sensors Market in Healthcare Applications market?
A Few Focus Points Of This Research Are Given Below:
Give a deep-dive analysis of the key operational strategies with focus on the corporate structure, R&D strategies, localization strategies, production capabilities, and sales performance of various companies
Provide an overview of the product portfolio, including product planning, development, and positioning
Discuss the role of technology companies in partnerships
Explore the regional sales activities
Analyze the market size and giving the forecast for current and future global Sensors Market in Healthcare Applications market during the forecast 2024–2030
Analyze the competitive factors, competitors’ market shares, product capabilities, and supply chain structures
Key Market Players:
The Top 5 companies in the Sensors in Healthcare Applications Market are:
Honeywell
GE
STMicroelectronics
Medtronic
NXP Semiconductors
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#HealthcareSensors#MedicalTechnology#IoTInHealthcare#WearableTech#HealthMonitoring#SmartHealthcare#SensorInnovation
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Endoscopy Procedures Market: A Deep Dive
The rising trend of avoiding minimally invasive surgeries leads to the trend towards more endoscopy procedures. This report discusses the major growth drivers, emerging trends, and the future outlook in this rising sector.
Market Overview
The use of endoscopy procedures refers to the exploration of the human body's interior by using specialized equipment. Most such procedures are applied in diagnosis, treatment, and surgical interventions among patients receiving care in different specialties, including gastroenterology, pulmonology, urology, and gynecology. There is a high demand for this market owing to the rising incidence of chronic conditions among people, including gastrointestinal disorders, lung diseases, and urological conditions.
The market for endoscopy procedures was sized at US$ 30,877.37 million in 2022. It is expected to reach US$ 53,196.65 million by 2030. This market is anticipated to witness a CAGR of 7.0% during 2022-2030.
Prominent Market Drivers
Several factors are contributing to the growth of the endoscopy procedures market:
The steadily increasing incidence of diseases from both the digestive and respiratory systems today is driving the endoscopic procedures to diagnose and treat many conditions.
Emerging Technology: In addition, continuous technological advancement has allowed robotic-assisted endoscopy and capsule endoscopy, thereby providing for less invasive procedures with better precision and accuracy.
Aging Population: An aging population is prone to chronic disorders and is bound to increase the demand for endoscopic procedures.
Healthcare Spending: Increased healthcare spending in developed countries also contributes to the surge in the demand for endoscopic procedures.
Less Invasive Procedures: As an endoscopic procedure requires minimal incisions compared with open surgery, the former provides shorter recovery periods with less pain and lower risks of complications.
The present endoscopy procedures market is seeing many emerging trends that shape its future as follows:
Robotic-Assisted Endoscopy: Robotic-assisted endoscopy offers precision and flexibility in complex procedures with minimal invasiveness. Capsule Endoscopy: This is a minimally invasive technique to examine the small intestine without the use of sedation or anesthesia.
Artificial Intelligence (AI) and Machine Learning: AI-based devices are used to image an endoscopy and improve diagnosis and the precise decision on treatment planning.
Virtual Reality (VR) and Augmented Reality (AR): Currently, many researches are in progress to integrate VR and AR technologies for better training and experience of endoscopic operation.
Segments Covered
By Procedures
Endoscopic Retrograde Cholangiopancreatography
Endoscopic Submucosal Dissection
Peroral Endoscopic Myotomy
Endoscopic Ultrasound
By Offering
Endoscopes
ERCP Accessories
Endoscopic Ultrasound Guided Devices
Guidewire
By Product Type
Disposable
Reusable
By End User
Hospitals and Clinics
Ambulatory Surgical Centers
Diagnostic Laboratories
By Region
North America
Europe
Asia-Pacific
South and Central America
Middle East and Africa
Market leaders and key company profiles
Stryker Corp
Fujifilm Holdings Corp
Merit Medical Systems Inc
Smith & Nephew Plc
Arthrex Inc
Steris Plc
Conmed Corp
Olympus Corp
Boston Scientific Corp
Market Challenges
Although the growth prospects are quite attractive, the endoscopy procedures market suffers from the following challenges:
Expensive Procedures:- Advanced endoscopic procedures, such as robotic-assisted surgery, may be expensive and, therefore, not reach affordable people in a poor economy.
Risk of Complications- Although minimally invasive, the endoscopic procedures do carry inherent risks of infection and bleeding.
Regulatory Hurdles- Strict regulatory requirements can delay the introduction of new endoscopic technologies and medical devices.
Future Outlook
The endoscopy procedures market is expected to continue growing in the coming years. The improvements in technology, the increasing demand for minimally invasive procedures, and an aging population will drive market expansion. However, sustained growth hinges on addressing challenges that affect costs, access, and regulatory hurdles.
By keeping up with the emerging trends and technological advancement, healthcare providers and market participants can capture the opportunities offered through the endoscopy procedures market and lead the way further to patient outcomes.
Frequently Asked Questions-
What is the largest regional market for Endoscopy Procedures?
Ans: - North America is the largest regional market for Endoscopy Procedures.
Which are the leading companies to hold the market share in the Endoscopy Procedures market?
Ans: Top Companies: Stryker Corp; Fujifilm Holdings Corp, Merit Medical Systems Inc, Smith & Nephew Plc, Arthrex Inc, Steris Plc; Conmed Corp, Olympus Corp, Boston Scientific Corp, Cook Medical Llc are the top companies that hold the market share.
What would be the growth rate of the market during the forecast period from 2022 to 2030?
Ans: - The Endoscopy Procedures market is anticipated to expand at a CAGR of 7.0% between 2022 and 2030.
What is the size of the Endoscopy Procedures market?
Ans: - The global Endoscopy Procedures market size was at US$ 30,877.37 million in 2022 and is expected to reach US$ 53,196.65 million by 2030.
Which are the key segments of the Endoscopy Procedures market?
Ans: The Endoscopy Procedures Market is segmented by product, end-user, and geography.
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The Insight Partners is among the leading market research and consulting firms in the world. We take pride in delivering exclusive reports along with sophisticated strategic and tactical insights into the industry. Reports are generated through a combination of primary and secondary research, solely aimed at giving our clientele a knowledge-based insight into the market and domain. This is done to assist clients in making wiser business decisions. A holistic perspective in every study undertaken forms an integral part of our research methodology and makes the report unique and reliable.
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Antimicrobial Plastics Market Size, Share, Growth And Analysis Report, 2030
The global antimicrobial plastic market size was valued at 37.87 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.8% from 2022 to 2030.
Antimicrobial plastic is a synthetic polymeric material containing an integrated active ingredient (antimicrobial additive) that makes it effective against the growth of microbes such as algae, fungi, and mold. These microbes tend to shorten the life of plastic products; thus, the use of antimicrobial plastics has increased in recent years in various end-use industries such as food and beverage, packaging, and healthcare, which are expected to be the main drivers of the global market during the forecast period.
Gather more insights about the market drivers, restrains and growth of the Antimicrobial Plastic Market
Antimicrobial plastics are now increasingly being used as a substitute for conventional materials in the healthcare sector for manufacturing medical instruments such as ventilators and anesthesia machines due to their pathogen-inhibiting properties. This plastic helps to minimize the growth of pathogens such as algae, bacteria, and fungi and has excellent moisture resistance, which also increases its acceptance as an effective food packaging solution in the food and beverage industry.
These plastics are produced by infusing antimicrobial additives such as arsenic-based oxybisphenoxarsine (OBPA) and organometallic biocides into the material to provide long-lasting protection against microbes and pathogens. These additives help increase the functional life of the plastic and inhibit the growth of bacteria that can cause the plastic to degrade more quickly, making it stronger, rust-proof, odorless, and highly suitable for medical device applications.
Moreover, the U.S. automotive and transportation industry is dominated by well-established players including General Motors, Ford Motor Company, Fiat Chrysler Automobiles, and Toyota Motor Corporation. Rising demand for electric and hybrid vehicles, coupled with the presence of a well-established automotive industry and growing automotive aftermarkets in the country, is expected to drive the building and construction and automotive and transportation industries. This, in turn, is expected to fuel the consumption of antimicrobial plastics in the automotive and transportation industry over the forecast period.
Antimicrobial Plastic Market Segmentation
Grand View Research has segmented the global antimicrobial plastic market report on the basis of product, end-use, and region:
Product Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)
• Commodity Plastics
o Polyethylene (PE)
o Polypropylene (PP)
o Polyvinyl Chloride (PVC)
o Polystyrene (PS)
o Acrylonitrile Butadiene Systems (ABS)
o Polyethylene Terephthalate (PET)
• Engineering Plastics
o Polyamide (PA)
o Polycarbonate (PC)
o Thermoplastic polyurethane (TPU)
o Others
• High-performance Plastics
End-use Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)
• Building & Construction
• Automotive & Transportation
• Healthcare
• Packaging
• Food & Beverage
• Textile
• Consumer Goods
• Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2019 - 2030)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
• Asia Pacific
o China
o India
o Japan
• Central and South America
o Brazil
o Argentina
• Middle East and Africa
o GCC Countries
o South Africa
Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.
• The global nonwoven fabrics market size was valued at USD 52.56 billion in 2023 and is projected to grow at a CAGR of 4.9% from 2024 to 2030.
• The global polypropylene absorbent hygiene market size was valued at USD 8.78 billion in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2030.
Key Companies & Market Share Insights
The market is characterized by the presence of various small- and medium-scale companies catering to global and local demands. It is characterized by forward integration through raw material production, manufacturing, and distribution to various application industries.
Integration across the stages of the value chain results in continuous raw material supply and low manufacturing costs. R&D initiatives by a few companies to enhance their product specifications and market reach are expected to further augment the product demand in the years to come. For instance, in March 2021, Parx Materials launched an additive technology, Saniconcentrate. This technology is designed to produce antimicrobial plastics that can resist the growth of harmful bacteria and viruses. Some prominent players in the global antimicrobial plastic market include:
• BASF SE
• Parx Materials N.V.
• Ray Products Company Inc.
• COVESTRO AG
• King Plastic Corporation
• Palram Industries Ltd.
• Clariant AG
• SANITIZED AG
• RTP Company
• Lonza
• INEOS Styrolution Group GmbH
• Milliken Chemical
• BioCote Limited
• Microban International
• DuPont de Nemours, Inc.
Order a free sample PDF of the Antimicrobial Plastic Market Intelligence Study, published by Grand View Research.
#Antimicrobial Plastics Market#Antimicrobial Plastics Industry#Antimicrobial Plastics Market size#Antimicrobial Plastics Market share#Antimicrobial Plastics Market analysis
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Refurbished Medical Equipment Market Growth and Size for Strategic Decision-Making
The global refurbished medical equipment market size is expected to reach USD 45.81 Billion in 2032 and register a steady revenue CAGR of 11.8% during the forecast period, according to latest analysis by Emergen Research. Increasing preference for eco-friendly products is a major factor driving market revenue growth of. Benefits of used medical imaging equipment for environment must be emphasized.
The circular economy is supported by refurbishment, a sort of reuse and waste reduction that raises useful lifespan of medical imaging equipment from 5-7 to 10-14 years or even longer. Resources and energy required to produce new equipment are saved by refurbishment. It is critical from an environmental standpoint to maximize service life of imaging scanners due to energy and materials used throughout the production, safety testing, and regulatory compliance processes. For instance, improving Magnetic Resonance Imaging (MRI) scanners and extending their service life maximizes the return on initial investment of energy and materials.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Refurbished Medical Equipment market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
GE HealthCare, Koninklijke Philips N.V., Siemens Healthcare GmbH, Block Imaging, Inc., Soma Tech INTL, Avante Health Solutions, Hilditch Group, EverX Pty. Ltd., Integrity Medical Systems, Inc., and Radiology Oncology Systems
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Emergen Research has segmented the global Refurbished Medical Equipment market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019–2032)
Medical Imaging Equipment
Computerized Tomography (CT) Scanners
Magnetic Resonance Imaging (MRI) Machines
X-Ray Machines
Nuclear Imaging Systems
Ultrasound Systems
Other Medical Imaging Equipment
Operating Room & Surgical Equipment
Anesthesia Machines
Electrosurgical Units
Operating Room Tables & Lights
Surgical Displays
Other Operating Room & Surgical Equipment
Patient Monitors
Multi-Parameter Monitors
Fetal Monitors
Electrocardiography Devices
Pulse Oximeters
Mobile Cardiac Telemetry Devices
Non-Invasive Blood Pressure Monitors
Other Patient Monitors
Cardiology Equipment
Defibrillators
Heart-Lung Machines
Other Cardiology Equipment
Urology Equipment
Dialysis Machines
Lithotripsy Devices
Neurology Equipment
Electromyograph Machines (EMG) Machines
Electroencephalography (EEG) Machines
Intensive Care Equipment
Ventilators
Infant Incubators & Warmers
Intravenous Therapy Systems
Endoscopy Equipment
Other Medical Equipment
Application Outlook (Revenue, USD Billion; 2019–2032)
Diagnostic Applications
Cardiology
Urology
Neurology
Orthopedics
Physiology
Emergency Medicine
Oncology
Obstetrics/Gynecology
Other Diagnostic Applications
Therapeutic Applications
Cardiology
Urology
Neurology
Orthopedics
Physiology
Emergency Medicine
Oncology
Obstetrics/Gynecology
Other Therapeutic Applications
End-Use Outlook (Revenue, USD Billion; 2019–2032)
Hospitals
Diagnostic Imaging Centers
Ambulatory Care Centers
Other End-Use
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Refurbished Medical Equipment Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Refurbished Medical Equipment Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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Anesthesia Information Management Systems Market is valued at USD 321.3 million and is projected to reach approximately USD 476.5 million by 2032, growing at a compound annual growth rate (CAGR) of 5.05% over the forecast period.The global Anesthesia Information Management Systems (AIMS) market has been on a steady rise as healthcare providers and facilities increasingly recognize the value of streamlined anesthesia record-keeping. Anesthesia Information Management Systems play a critical role in modern healthcare, digitizing anesthesia data to enhance patient care, boost operational efficiency, and improve compliance with regulatory standards. The market growth is being propelled by a combination of factors including rising healthcare investments, technological advancements, and an increasing demand for real-time data in surgical procedures.
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Understanding AIMS and Its Importance
Anesthesia Information Management Systems are specialized software platforms designed to capture, manage, and store anesthesia-related data during surgical procedures. The software collects data from anesthesia machines, monitors, and other medical equipment, providing healthcare professionals with a comprehensive view of patient information throughout the perioperative process. By digitizing this information, AIMS allow for real-time data entry, accurate record-keeping, and improved decision-making. These systems also contribute to better patient outcomes by alerting clinicians to potential complications and helping them tailor anesthesia management according to individual patient needs.
Key Drivers of the AIMS Market
1. Growing Demand for Automation in Healthcare The push for digitization and automation across healthcare systems has accelerated the adoption of AIMS. Hospitals, clinics, and other healthcare facilities are implementing AIMS to reduce manual errors, standardize anesthesia record-keeping, and improve the quality of patient care. Automated systems help anesthesiologists to monitor patients more closely, providing real-time data that can be critical during surgeries.
2. Regulatory Compliance and Documentation Needs Stringent regulatory requirements in healthcare, such as the Health Insurance Portability and Accountability Act (HIPAA) in the United States, have made it essential for hospitals to maintain accurate records of anesthesia administration. AIMS systems help facilities comply with these regulations by ensuring consistent and secure data documentation. The growing focus on patient safety and care standards is expected to drive further AIMS adoption in the coming years.
3. Technological Advancements in Healthcare IT The healthcare industry is witnessing rapid advancements in IT, from electronic health records (EHRs) to artificial intelligence and big data analytics. Anesthesia Information Management Systems have been integrated with these technologies to offer features such as predictive analytics, which allow clinicians to anticipate complications. Additionally, cloud computing and interoperability have enabled the secure sharing of anesthesia data, making patient information readily accessible to authorized personnel, even across different healthcare facilities.
4. Increased Surgical Procedures and Growing Geriatric Population The rise in the global elderly population and the consequent increase in the number of surgeries are also fueling demand for AIMS. As age-related ailments and surgical interventions increase, healthcare facilities are seeking reliable systems to manage and monitor anesthesia more effectively, thereby contributing to market growth.
Challenges in the AIMS Market
Despite the promising growth trajectory, there are a few challenges that could impact the adoption of AIMS. High initial implementation costs can be a deterrent for smaller healthcare facilities with limited budgets. Furthermore, integration with existing EHR systems and interoperability issues can complicate implementation. Data privacy and cybersecurity are also significant concerns, as the digitization of sensitive medical information raises the risk of data breaches.
Market Segmentation and Regional Insights
The AIMS market can be segmented based on components, delivery modes, and end-users. On a component basis, AIMS solutions are typically categorized as software or services, with software holding the largest market share due to high demand for specialized software solutions. In terms of delivery mode, the market is divided into on-premises and cloud-based solutions. Cloud-based AIMS are gaining popularity due to their cost-effectiveness, scalability, and ease of access.
Regionally, North America dominates the AIMS market, owing to advanced healthcare infrastructure, high adoption rates of digital healthcare solutions, and supportive regulatory frameworks. Europe is another significant market due to similar factors. However, the Asia-Pacific region is projected to witness the fastest growth, driven by increasing healthcare investments, rising awareness of patient safety, and the expanding number of hospitals and clinics.
Future Prospects and Growth Opportunities
The AIMS market is expected to witness steady growth in the coming years, with ongoing advancements in artificial intelligence, machine learning, and big data analytics presenting new opportunities. These technologies can add value to AIMS by enhancing predictive capabilities, offering more personalized anesthesia management, and facilitating seamless data integration across healthcare systems. Additionally, with the growing preference for minimally invasive surgeries and outpatient procedures, the need for efficient anesthesia monitoring will continue to expand.
Key Player Analysis:
Cerner Corporation
MEDHOST
GE Healthcare
Koninklijke Philips N.V.
Surgical Information Systems
Talis Clinical
Plexus Technology Group
Provation
Allscripts Healthcare
Fukuda Denshi UK
iMDsoft
Other Key Players
Segmentation:
Based on Type:
Standalone Systems
Integrated Systems
Based on Technology:
Cloud-Based Solutions
On-Premise Solutions
Based on End-User:
Hospitals
Surgical Centers
Outpatient Clinics
Other Healthcare Facilities
Based on Region:
North America: United States, Canada, Mexico
Europe: United Kingdom, Germany, France, Italy, Spain
Asia-Pacific: China, India, Japan, South Korea, Australia
Latin America: Brazil, Argentina, Chile, Colombia
Middle East and Africa: Saudi Arabia, United Arab Emirates, South Africa, Egypt
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