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Already popular in private healthcare, increasing global acceptance of refurbished equipment encourages uptake in the public sector.

The Eurozone economic slowdown has made it tough for hospitals, particularly in Southern Europe, to procure new imaging modalities. With streamlined budgets As a result, refurbished systems are now preferred across most imaging departments, including nuclear medicine, mammography and minimally invasive surgeries in private hospitals.

New analysis from Frost & Sullivan’s Analysis of the European Refurbished Medical Imaging Equipment Market finds the market earned revenue of $417.6 million “Growth of the private healthcare sector has increased the uptake of high-quality imaging modalities, as private hospitals focus strongly on returns on investment,” said Frost & Sullivan Healthcare. The market, however, presents its challenges. For instance, reimbursement laws across some European regions, such as France, compel reimbursement to be cut by half if the equipment is older “Government regulations that have restricted the purchase of used equipment in some regions are expected to ease following the rapid acceptance of refurbished systems globally,” noted Madanagopal.

Analysis of the European Refurbished Medical Imaging Equipment Market is part of the Advanced Medical Technologies Growth Partnership Service program. Frost & Sullivan’s related About Frost & Sullivan

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