Refurbished Medical Devices Market by Product (Biotechnology Instruments, Diagnostic Imaging Equipment, Minimally Invasive Devices), Application (Diagnostic, Therapeutic), End-User - Global Forecast 2024-2030

Refurbished Medical Devices Market by Product (Biotechnology Instruments, Diagnostic Imaging Equipment, Minimally Invasive Devices), Application (Diagnostic, Therapeutic), End-User - Global Forecast 2024-2030


The Refurbished Medical Devices Market size was estimated at USD 19.30 billion in 2023 and expected to reach USD 21.26 billion in 2024, at a CAGR 10.48% to reach USD 38.81 billion by 2030.

Global Refurbished Medical Devices Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Refurbished Medical Devices Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Refurbished Medical Devices Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Refurbished Medical Devices Market, highlighting leading vendors and their innovative profiles. These include AGITO Medical A/S by Koninklijke Philips N.V., Amber Diagnostics Inc., Avante Health Solutions, Block Imaging, Inc., Blue Star Limited, BOND JAPAN CO.,LTD., Cielo Co., Ltd, EVERX Pvt. Ltd., Fair Medical Co. Ltd., FlexRay Medical ApS, Future Health Concepts, Inc., GE HealthCare Technologies Inc., Green-Medical.co.ltd., Hi Tech International Group, Inc., Hilditch Group Ltd, HOYU AND CO.,LTD., Integrity Medical Systems, Inc., JAPAN CENTRAL MEDICAL INC., Master Medical Equipment LLC, Nationwide Imaging Services Inc., One Medical Equipment Pte Ltd., Pacific Health Care Imaging, LLC, Radiology Oncology Systems, Inc., Sanrad Medical Systems Private Limited, Siemens Healthineers, SOMA TECH INTL, US Medical Systems LLC, and Venture Medical ReQuip, Inc..

Market Segmentation & Coverage



This research report categorizes the Refurbished Medical Devices Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Biotechnology Instruments
Diagnostic Imaging Equipment
Minimally Invasive Devices
Radiation Oncology Systems
Application
Diagnostic
Therapeutic
End-User
Hospitals & Diagnostic Centers
Private Practices
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Refurbished Medical Devices Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Refurbished Medical Devices Market?
3. What are the technology trends and regulatory frameworks in the Refurbished Medical Devices Market?
4. What is the market share of the leading vendors in the Refurbished Medical Devices Market?
5. Which modes and strategic moves are suitable for entering the Refurbished Medical Devices Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Refurbished Medical Devices Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand attributed to hospitals budget costs
5.1.1.2. Rising need for capital-intensive diagnostic imaging equipment
5.1.1.3. Availability of large inventory of old or used medical devices
5.1.2. Restraints
5.1.2.1. Lack of standardized policies for use and sale of these devices
5.1.3. Opportunities
5.1.3.1. Emerging adoption of environmental-friendly products
5.1.3.2. Introduction of online platforms for refurbished medical equipment
5.1.4. Challenges
5.1.4.1. Restrictive adoption owing to rigid perception and highly unorganized sector
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Refurbished Medical Devices Market, by Product
6.1. Introduction
6.2. Biotechnology Instruments
6.3. Diagnostic Imaging Equipment
6.4. Minimally Invasive Devices
6.5. Radiation Oncology Systems
7. Refurbished Medical Devices Market, by Application
7.1. Introduction
7.2. Diagnostic
7.3. Therapeutic
8. Refurbished Medical Devices Market, by End-User
8.1. Introduction
8.2. Hospitals & Diagnostic Centers
8.3. Private Practices
9. Americas Refurbished Medical Devices Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Refurbished Medical Devices Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Refurbished Medical Devices Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. AGITO Medical A/S by Koninklijke Philips N.V.
13.1.2. Amber Diagnostics Inc.
13.1.3. Avante Health Solutions
13.1.4. Block Imaging, Inc.
13.1.5. Blue Star Limited
13.1.6. BOND JAPAN CO.,LTD.
13.1.7. Cielo Co., Ltd
13.1.8. EVERX Pvt. Ltd.
13.1.9. Fair Medical Co. Ltd.
13.1.10. FlexRay Medical ApS
13.1.11. Future Health Concepts, Inc.
13.1.12. GE HealthCare Technologies Inc.
13.1.13. Green-Medical.co.ltd.
13.1.14. Hi Tech International Group, Inc.
13.1.15. Hilditch Group Ltd
13.1.16. HOYU AND CO.,LTD.
13.1.17. Integrity Medical Systems, Inc.
13.1.18. JAPAN CENTRAL MEDICAL INC.
13.1.19. Master Medical Equipment LLC
13.1.20. Nationwide Imaging Services Inc.
13.1.21. One Medical Equipment Pte Ltd.
13.1.22. Pacific Health Care Imaging, LLC
13.1.23. Radiology Oncology Systems, Inc.
13.1.24. Sanrad Medical Systems Private Limited
13.1.25. Siemens Healthineers
13.1.26. SOMA TECH INTL
13.1.27. US Medical Systems LLC
13.1.28. Venture Medical ReQuip, Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. REFURBISHED MEDICAL DEVICES MARKET RESEARCH PROCESS
FIGURE 2. REFURBISHED MEDICAL DEVICES MARKET SIZE, 2023 VS 2030
FIGURE 3. REFURBISHED MEDICAL DEVICES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. REFURBISHED MEDICAL DEVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. REFURBISHED MEDICAL DEVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. REFURBISHED MEDICAL DEVICES MARKET DYNAMICS
FIGURE 7. REFURBISHED MEDICAL DEVICES MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. REFURBISHED MEDICAL DEVICES MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. REFURBISHED MEDICAL DEVICES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. REFURBISHED MEDICAL DEVICES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. REFURBISHED MEDICAL DEVICES MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 12. REFURBISHED MEDICAL DEVICES MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS REFURBISHED MEDICAL DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS REFURBISHED MEDICAL DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES REFURBISHED MEDICAL DEVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES REFURBISHED MEDICAL DEVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC REFURBISHED MEDICAL DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC REFURBISHED MEDICAL DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA REFURBISHED MEDICAL DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA REFURBISHED MEDICAL DEVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. REFURBISHED MEDICAL DEVICES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. REFURBISHED MEDICAL DEVICES MARKET SHARE, BY KEY PLAYER, 2023

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