The pre-owned medical devices market is fragmented on the basis of geographical regions and device kinds. Pre-owned medical devices refer to those healthcare instruments that were the possession of medical organizations in the past and are now liable to be sold or repurchased after restoration.
The pre-owned medical devices market was projected at around USD 2 billion in 2012. It is likely to expand through the expected phase. The expected phase runs from 2013 to 2019. The market is predicted to rise at a CAGR of about 10 percent and reach about USD 5 billion in 2019.
Amongst the four geographical regions, North America stands the biggest pre-owned medical devices market.