Buying a house is one thing, and furnishing it is quite another! You wouldn't get much use out of owning a house if you lacked the furnishings to fill it!

A hospital's furnishings are its equipment. Throughout the global epidemic, there has been an increase in demand for appropriate medical equipment. Hospital equipment are very expensive. The cost of equipment like EKG machines immediately soar when you take into account that a hospital needs at least one of these devices for each patient.

The price of specialized equipment like an MRI (Magnetic Resonance Imaging) machine, is significantly more. Machines of this kind can end up being extremely expensive when you factor in the cost of the purchase, consultation, shipping, installation, and training fees.

Hospitals or Clinics look for refurbished medical equipment to cut costs. These items typically come from hospitals or clinics that are growing smaller or closing as a result of fewer patients. Rather of discarding perfectly functional used medical equipment, these devices are brought to skilled technicians who can restore them. Throughout its lifetime, equipment—new or used—is used on thousands of patients, therefore it's critical that it go through a specific process before being sold. A machine is often in better form than before after being thoroughly inspected and all essential repairs have been made. By recycling these used machines, hospitals not only save money on key pieces of equipment but also do their part for the environment.

Deciding whether to buy new or used medical equipment is a tough decision that must be made. What are the factors that are to be taken in account at the time of deciding whether to go for new or used medical equipment?

COST

Money plays a significant role in life. And even if in the medical business nothing should be decided by money, someone has to pay for all that equipment. Whether you can equip your clinic with new or used medical equipment will depend on your budget.

Costs for medical equipment and devices are frequently high. One accepts all fees that are often associated with brand-new tools when they purchase one. If you choose to buy new equipment, you might have to forgo the quality of other products or services. However, you still receive the same quality for a considerably lesser price when you buy used medical equipment.

Even if going the "used" path could seem like the simpler option, it's crucial to remember that many used instruments might not have the latest technology you're searching for. It's up to you and your team to decide on your budget and how to modify it so that you can buy the appropriate tools.

WARRANTY

A new machine will always come with a warranty, but a used or reconditioned machine can only have a six-month warranty or not have one at all.

QUALITY

When comparing, new ones nearly always look nicer than refurbished ones. However, quality should not be compromised. You should make sure that the used machine goes through a thorough

inspection and certification before buying so you can get a high-quality machine while staying within your budget.

You can be assured of quality if purchasing your medical equipment in the UAE – Middle East, India or African countries by collaborating with our outstanding staff and obtain high-quality equipment, whether it is new or used.

When deciding which piece of medical equipment is best for your clinic, it's crucial to explore the fundamental differences between buying new and used ones. Communication is crucial because each machine will need a specific level of training.

Now let us also look into the advantages & disadvantages of buying new vs. used medical equipment to point in the right direction to decide which one may be right for you and your medical facility.

Pros & Cons of buying used medical equipment

Purchasing anything that has been used before saves money, for those on a tight budget, this is the ideal choice. There is no waiting period for a second-hand equipment. Since second-hand equipment is always less expensive than new, you can save money. If the equipment is well maintained and cared for, you are not losing anything in terms of value if some parts have been replaced with newer ones.

All these benefits are excellent, but buying second-hand equipment has its own flaws and drawbacks as well. The lack of a long-term warranty can be highly risky. The seller you choose should be reliable and trustworthy. Even used medical equipment is expensive at times like pandemic when there is a high demand. Buying used equipment may not give your clinic the best reputation in the industry. The equipment may not be in the best condition. If something ends up falling at a critical moment, your patient can sue the clinic.

Buying old is certainly an excellent option if you need to upgrade your equipment collection on a budget.

Pros & Cons of buying new medical equipment

This option is more expensive, but it also provides greater safety and a better reputation for your hospital or clinic. You get warranties for each piece of your equipment. You get the latest tools and technology. Your clinic or hospital gains more recognition, allowing you to charge more. You have a wider selection than you would when buying used equipment.

But there are also some drawbacks of buying brand-new. One of the foremost is high price. When on a tight budget, it’s not the choice, it makes investments riskier because you stand to lose more money if the venture is unsuccessful. It is difficult to get brand-new equipment at times like global epidemic.

Determining whether it is time for new equipment or a used one in your clinic/hospital is difficult task. But you can always approach to OxyMed Healthcare expert team members for advice, latest healthcare equipment’s and technology to serve you better. For used & refurbished medical equipment’s in Dubai-UAE and Delhi-India, you can always contact us.

Hope this article helps you choose which option is best for you.