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Research and Markets: Remanufactured Medical Imaging Devices Market in the US 2012-2016
[February 01, 2013]

Research and Markets: Remanufactured Medical Imaging Devices Market in the US 2012-2016

DUBLIN --(Business Wire)--

Research and Markets ( has announced the addition of the "Remanufactured Medical Imaging Devices Market in the US 2012-2016" report to their offering.

TechNavio's analysts forecast the Remanufactured Medical Imaging Devices market in the US to grow at a CAGR of 7.57 percent over the period 2012-2016. One of the key factors contributing to this market growth is the decline of reimbursements for medical imaging procedures. The Remanufactured Medical Imaging Devices market in the US has also been witnessing the trend of eco-friendly and sustainable practices. However, the increased risk of safety and effectiveness could pose a challenge to the growth of this market.

The key vendrs dominating this market space are GE Healthcare, Philips Healthcare, Siemens (News - Alert) Healthcare, and Toshiba Medical System Corp.

The other vendors mentioned in the report are Hitachi (News - Alert) Medical Corp., Hologic Inc., Carestream Health Inc., Medison America Inc., Shimadzu Corp., and TeraRecon Inc.

Commenting on the report, an analyst from TechNavio's Healthcare team said: ''The remanufacturing of medical imaging devices is an eco-friendly practice. It prevents landfill and minimizes disposal and pollution burden. Remanufacturing programs have enabled hospitals to divert tons of waste from local landfills. Many vendors in the market are marketing their remanufactured and refurbished devices as eco-friendly and economical products. For instance, Siemen Healthcare has an eco-line portfolio, which includes a wide range of refurbished medical systems. Furthermore, Practice Greenhealth helps healthcare organizations implement and expand eco-friendly and sustainable practices.''

According to the report, remanufacturing of medical imaging device helps in reducing the total healthcare cost. According to the Medical and Imaging Technology Alliance (MITA) Report in 2011, Medicare reimbursements for medical imaging procedures have been cut eight times in six years. This has affected the spending on and utilization of medical imaging services by people in the US. This decline in utilization is reflected across all imaging technologies: CT, MRI, nuclear imaging, ultrasound, and X-ray. Consequently, in order to decrease the cost of medical imaging, many hospitals and diagnostic centers are installing remanufactured medical imaging devices.

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