Report sees solid refurbishing market

Article

Mountain View, CA, healthcare research firm Frost & Sullivan reported last month that the refurbished medical equipment market claimed revenues of more than $723.5 million in 1997, according to the firm's World Markets for

Mountain View, CA, healthcare research firm Frost & Sullivan reported last month that the refurbished medical equipment market claimed revenues of more than $723.5 million in 1997, according to the firm's World Markets for Reconditioned/Refurbished Diagnostic Imaging Equipment report. With managed care affecting healthcare costs, many small hospitals and private practices have acquired reconditioned or refurbished equipment.

Hospitals' efforts to eliminate superfluous services or to merge and downsize have resulted in a surplus of equipment in larger hospitals, according to Frost & Sullivan analysts. Although the surplus feeds the reconditioned/refurbished industry with a ready supply of used equipment, the industry continues to deal with its customers' quality-control demands, especially since the Food and Drug Administration has been under increased pressure to monitor the U.S. refurbished market. The current market is dominated by small, private companies, but if the FDA increases its scrutiny, these small companies may be required to partner with large manufacturers, the report states.

Recent Videos
Study: MRI-Based AI Enhances Detection of Seminal Vesicle Invasion in Prostate Cancer
What New Research Reveals About the Impact of AI and DBT Screening: An Interview with Manisha Bahl, MD
Can AI Assessment of Longitudinal MRI Scans Improve Prediction for Pediatric Glioma Recurrence?
A Closer Look at MRI-Guided Adaptive Radiotherapy for Monitoring and Treating Glioblastomas
Incorporating CT Colonography into Radiology Practice
What New Research Reveals About Computed Tomography and Radiation-Induced Cancer Risk
What New Interventional Radiology Research Reveals About Treatment for Breast Cancer Liver Metastases
New Mammography Studies Assess Image-Based AI Risk Models and Breast Arterial Calcification Detection
Can Deep Learning Provide a CT-Less Alternative for Attenuation Compensation with SPECT MPI?
Employing AI in Detecting Subdural Hematomas on Head CTs: An Interview with Jeremy Heit, MD, PhD
Related Content
© 2025 MJH Life Sciences

All rights reserved.