Key Developments

In August 2023, according to the data published by Business Standard Private Ltd. The Medical Technology Association of India (MTaI) importing pre-owned medical equipment could enhance access to such machinery for patients, particularly in tier-2 and tier-3 cities. The association highlighted in a statement that sophisticated medical devices such as CT scans, MRIs, robotic-assisted surgical systems, X-ray machines, and endoscopes carry hefty price tags, often surpassing the budgetary limits of small to mid-sized hospitals.
In September 2021, Soma Tech Intl, a medical equipment company, participated in the Florida International Medical Expo (FIME) held in Miami, Florida, U.S. The year marked the 30th anniversary of FIME, renowned as the premier medical trade fair in the Americas, attracting numerous manufacturers, suppliers, dealers, distributors, and healthcare professionals from across North, Central, and South America, as well as the Caribbean.
In April 2021, Siemens Healthineers, a global healthcare company, acquired Varian Medical Systems, Inc., bolstering Siemens' position as a comprehensive healthcare partner
In January 2021, Philips, a technology company, announced its acquisition of Capsule Technologies, a provider of data platforms aiming to interconnect all medical devices and record systems within hospitals, thus, enhancing Philips' integrated care and vital sign monitoring solutions.

Pre-owned Medical Devices Market Report Snapshots