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Pre-Owned Medical Devices: A Viable Option for Healthcare Facilities Looking to Save Costs

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The Rising Cost of Medical Technology

Medical technology has advanced rapidly in recent decades, resulting in improved patient outcomes. However, these advances often come at a high price tag. The costs of new medical imaging equipment, surgical tools, patient monitors and other devices have soared in the past few years. For cash-strapped hospitals, clinics and private practice groups, keeping up with the latest technology can be challenging. Purchasing all new medical equipment each time an upgrade is released is simply not feasible from a budgetary perspective.

The Benefits of Refurbished and Pre-Owned Devices

One way healthcare facilities are helping to manage escalating technology costs is by purchasing refurbished or Pre-Owned Medical Devices. These units, which have been thoroughly reconditioned, offer significant savings over their brand new counterparts while providing many of the same capabilities. Opting for pre-owned imaging systems, surgical tools and other technology can free up funds that can be reallocated to other priority areas like hiring staff or upgrading other departments. While the cost savings are considerable, pre-owned medical devices provide other advantages as well:

- Extended Useful Life: By undergoing a rigorous refurbishment process, pre-owned devices have many years of functionality remaining. Many are essentially "like new" after being reconditioned.

- Latest Models: Pre-owned medical device suppliers often purchase trade-ins directly from hospitals upgrading to the most recent models. As a result, the pre-owned inventory often consists of higher-end equipment that is only a few years old.

Get More Insights on- Pre-owned Medical Devices Market

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