Due to the rising incidence of chronic diseases and the sizable patient population affected by these illnesses in the region, North America is anticipated to lead the global refurbished medical equipment market during the course of the projection. In contrast, due to the privatisation of the healthcare sector in the region, Asia Pacific is predicted to experience the highest growth in the global refurbished medical equipment market. Further predicted growth drivers for the market include rising demand from low-cost hospitals and clinics in the area for refurbished medical equipment. According to Mr. Karan Chechi, Research Director at TechSci Research, a research-based international management consulting organisation.
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