Support: (510) 226-0600 - Email: info@excessbid.com

"Did you know that the global market for refurbished medical equipment reached $ 6.47 billion in 2016?”. In recent times, the cost of purchasing new, off-the-shelf medical equipment has steadily increased. The cost of medical equipment is skyrocketing steadily, but the health insurers are reimbursing at lower rates. Many large health systems to small private practitioners are looking to cut their costs by buying refurbished medical equipment as a way to lower their costs. However, before you decide to buy refurbished medical equipment, it is important to understand the difference between ‘refurbished’ vs ‘used’.

Refurbished equipment usually has received some cosmetic or functional repairs of some kind to ensure that it looks as good as new. The refurbishment process includes complete inspection, replacement of worn parts, recalibration, cosmetic maintenance, and equipment testing. On the other hand, used equipment typically comes as-is, it means that you have no guarantee or warranties about how well it will work for and for how long.

Did you know in 2016, the global refurbished medical equipment market reached $6.47 billion? It is expected to reach $13.11 Billion by 2022, growing at a CAGR of around  12.5 % between 2017 and 2022. Before we put out refurbished products on sale on Excessbid, they undergo three important processes:

  1. Functional Refurbishment - It refers to the process of ensuring that the product operates as per OEM (original equipment manufacturer) specifications. Our team ensures that each product undergoes system testing to check which parts and components need to be replaced or reviewed. This ensures that the product is in a good working condition
  2. Cosmetic Refurbishment - It refers to the process of making the equipment look new. The equipment’s panels may be painted, decals placed on the equipment and complete cleaning of all surfaces to ensure the item looks aesthetically pleasing
  3. Functional Refurbishment - It refers to a mix of functional and cosmetic refurbishment processes

Excessbid has been in business for more than 10 years and we’ve developed an extensive list of IT, device, equipment, medical and industrial sources. We also specialize in the reverse logistics of quality new, in box, recycled, as is, refurbished, overstock, excess, surplus, liquidation, retail returns, IT and medical merchandise. Over the years, we’ve developed our refurbishing methods that fit the cosmetic and functional processes. We refurbish a wide range of equipment, from radiological imaging equipment, ultrasound equipment, surgical equipment, medical pumps, beds, stretchers & furniture, exam room equipment, cardiology equipment, endoscopy equipment, respiratory equipment, medical laboratory equipment, other medical equipment, consumables & supplies, to dental equipment and veterinary equipment.

Our refurbished medical equipment are reliable just as new equipment. The length of the warranty will depend on the type of equipment, but they typically range from three months to one year. Purchasing refurbished medical equipment is a feasible consumer alternative i.e. saving money without compromising on quality. We strive to bring you the best electronic equipment, all the while prioritizing reuse over recycling and keeping as many old electronics out of landfills as possible. To learn more about us, call our sales team at (510) 226-0600 or email us at info@excessbid.com

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