The article cited AMA's Global Refurbished Medical Imaging Equipment Market Study explored substantial growth with CAGR of 6.2%. According the report, Robust Research and Development Investment to Encourage Technological Advancements
is one of the primary growth factors for the market. Comparatively Reduced Price of the than the Brand New Imaging Equipment
is also expected to contribute significantly to the Refurbished Medical Imaging Equipment market. Overall, Hospital
applications of Refurbished Medical Imaging Equipment, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Refurbished Medical Imaging Equipment market identified that the demand is rising in many different parts of the world as "Government Encouragements Due to Reduced Waste Generation
". Furthermore, some recent industry insights like "On February 26th, 2019, GE Renewable Energy was awarded USD 87 million contract by Nachtigal Hydro Power Company (NHPC) to provide seven 60 MW Francis turbines for the new Nachtigal hydropower plant in Cameroon. NHPC is a company jointly owned by the Republic of Cameroon, EDF, International Finance Corporation, Africa 50 and STOA. Owned and operated by NHPC, the new 420 MW hydropower plant will be located 65 kilometers away from the capital city of Cameroon." is constantly making the industry dynamic. One of the challenges that industry facing is "Prerequisite of Skilled Workforce for operating the Refurbished Imaging Equipment and Very rarely Available Warranty of Refurbished Imaging Equipment"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Refurbished Medical Imaging Equipment market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Refurbished Medical Imaging Equipment market and other related sub-markets covered in the study.
o Key & emerging players in the Refurbished Medical Imaging Equipment market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Refurbished Medical Imaging Equipment market size is calculated using market estimation process, the Refurbished Medical Imaging Equipment market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Refurbished Medical Imaging Equipment market size has been validated using both top-down and bottom-up approaches.