Refurbished Medical Equipment Industry Research Report 2024

Refurbished Medical Equipment Industry Research Report 2024


Summary

Refurbished Medical Equipment are fully tested, cleaned, calibrated and upgraded with new parts and renovation of older or damaged equipment to bring it to a workable or better looking condition and is free of defects.
The remanufacturing of medical devices is a growing phenomenon within the health-care industry. The types of devices that are currently refurbished range from machines such as neonatal monitors and anesthesia vaporizers to devices used in surgery, such as forceps, endoscopes, and cytoscopes. Many firms are also restoring used disposable devices, such as catheters and surgical cutting instruments and accessories. Regardless of the product type, medical device remanufacturing carries an indisputable benefit--reduced health-care costs.
According to APO Research, The global Refurbished Medical Equipment market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Refurbished Medical Equipment is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Refurbished Medical Equipment is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Refurbished Medical Equipment is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global companies of Refurbished Medical Equipment include GE Healthcare, Siemens Healthcare, Philips Healthcare, Ultra Solutions, Agito Medical, Soma Technology, Block Imaging, Whittemore Enterprises and Radiology Oncology Systems, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Refurbished Medical Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Refurbished Medical Equipment.
The Refurbished Medical Equipment market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Refurbished Medical Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

GE Healthcare
Siemens Healthcare
Philips Healthcare
Ultra Solutions
Agito Medical
Soma Technology
Block Imaging
Whittemore Enterprises
Radiology Oncology Systems
Integrity Medical Systems
TRACO
Refurbished Medical Equipment segment by Type

Medical Imaging Equipment
Operating Room and Surgical Equipment
Monitoring Equipment
Defibrillators
Cardiovascular and Cardiology Equipment
IV Therapy Systems
Neurology Equipment
Endoscopy Equipment
Others
Refurbished Medical Equipment Segment by Application

Hospital
Clinic
Others
Refurbished Medical Equipment Segment by Region

North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Refurbished Medical Equipment market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Refurbished Medical Equipment and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Refurbished Medical Equipment.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Refurbished Medical Equipment companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Refurbished Medical Equipment by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030)
2.2.2 Medical Imaging Equipment
2.2.3 Operating Room and Surgical Equipment
2.2.4 Monitoring Equipment
2.2.5 Defibrillators
2.2.6 Cardiovascular and Cardiology Equipment
2.2.7 IV Therapy Systems
2.2.8 Neurology Equipment
2.2.9 Endoscopy Equipment
2.2.10 Others
2.3 Refurbished Medical Equipment by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030)
2.3.2 Hospital
2.3.3 Clinic
2.3.4 Others
2.4 Assumptions and Limitations
3 Refurbished Medical Equipment Breakdown Data by Type
3.1 Global Refurbished Medical Equipment Historic Market Size by Type (2019-2024)
3.2 Global Refurbished Medical Equipment Forecasted Market Size by Type (2025-2030)
4 Refurbished Medical Equipment Breakdown Data by Application
4.1 Global Refurbished Medical Equipment Historic Market Size by Application (2019-2024)
4.2 Global Refurbished Medical Equipment Forecasted Market Size by Application (2019-2024)
5 Global Growth Trends
5.1 Global Refurbished Medical Equipment Market Perspective (2019-2030)
5.2 Global Refurbished Medical Equipment Growth Trends by Region
5.2.1 Global Refurbished Medical Equipment Market Size by Region: 2019 VS 2023 VS 2030
5.2.2 Refurbished Medical Equipment Historic Market Size by Region (2019-2024)
5.2.3 Refurbished Medical Equipment Forecasted Market Size by Region (2025-2030)
5.3 Refurbished Medical Equipment Market Dynamics
5.3.1 Refurbished Medical Equipment Industry Trends
5.3.2 Refurbished Medical Equipment Market Drivers
5.3.3 Refurbished Medical Equipment Market Challenges
5.3.4 Refurbished Medical Equipment Market Restraints
6 Market Competitive Landscape by Players
6.1 Global Top Refurbished Medical Equipment Players by Revenue
6.1.1 Global Top Refurbished Medical Equipment Players by Revenue (2019-2024)
6.1.2 Global Refurbished Medical Equipment Revenue Market Share by Players (2019-2024)
6.2 Global Refurbished Medical Equipment Industry Players Ranking, 2022 VS 2023 VS 2024
6.3 Global Key Players of Refurbished Medical Equipment Head office and Area Served
6.4 Global Refurbished Medical Equipment Players, Product Type & Application
6.5 Global Refurbished Medical Equipment Players, Date of Enter into This Industry
6.6 Global Refurbished Medical Equipment Market CR5 and HHI
6.7 Global Players Mergers & Acquisition
7 North America
7.1 North America Refurbished Medical Equipment Market Size (2019-2030)
7.2 North America Refurbished Medical Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 North America Refurbished Medical Equipment Market Size by Country (2019-2024)
7.4 North America Refurbished Medical Equipment Market Size by Country (2025-2030)
7.5 United States
7.6 Canada
8 Europe
8.1 Europe Refurbished Medical Equipment Market Size (2019-2030)
8.2 Europe Refurbished Medical Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Europe Refurbished Medical Equipment Market Size by Country (2019-2024)
8.4 Europe Refurbished Medical Equipment Market Size by Country (2025-2030)
8.5 Germany
8.6 France
8.7 U.K.
8.8 Italy
8.9 Russia
8.10 Nordic Countries
9 Asia-Pacific
9.1 Asia-Pacific Refurbished Medical Equipment Market Size (2019-2030)
9.2 Asia-Pacific Refurbished Medical Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Asia-Pacific Refurbished Medical Equipment Market Size by Country (2019-2024)
9.4 Asia-Pacific Refurbished Medical Equipment Market Size by Country (2025-2030)
9.5 China
9.6 Japan
9.7 South Korea
9.8 Southeast Asia
9.9 India
9.10 Australia
10 Latin America
10.1 Latin America Refurbished Medical Equipment Market Size (2019-2030)
10.2 Latin America Refurbished Medical Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Latin America Refurbished Medical Equipment Market Size by Country (2019-2024)
10.4 Latin America Refurbished Medical Equipment Market Size by Country (2025-2030)
10.5 Mexico
10.6 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Refurbished Medical Equipment Market Size (2019-2030)
11.2 Middle East & Africa Refurbished Medical Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
11.3 Middle East & Africa Refurbished Medical Equipment Market Size by Country (2019-2024)
11.4 Middle East & Africa Refurbished Medical Equipment Market Size by Country (2025-2030)
11.5 Turkey
11.6 Saudi Arabia
11.7 UAE
12 Players Profiled
12.1 GE Healthcare
12.1.1 GE Healthcare Company Information
12.1.2 GE Healthcare Business Overview
12.1.3 GE Healthcare Revenue in Refurbished Medical Equipment Business (2019-2024)
12.1.4 GE Healthcare Refurbished Medical Equipment Product Portfolio
12.1.5 GE Healthcare Recent Developments
12.2 Siemens Healthcare
12.2.1 Siemens Healthcare Company Information
12.2.2 Siemens Healthcare Business Overview
12.2.3 Siemens Healthcare Revenue in Refurbished Medical Equipment Business (2019-2024)
12.2.4 Siemens Healthcare Refurbished Medical Equipment Product Portfolio
12.2.5 Siemens Healthcare Recent Developments
12.3 Philips Healthcare
12.3.1 Philips Healthcare Company Information
12.3.2 Philips Healthcare Business Overview
12.3.3 Philips Healthcare Revenue in Refurbished Medical Equipment Business (2019-2024)
12.3.4 Philips Healthcare Refurbished Medical Equipment Product Portfolio
12.3.5 Philips Healthcare Recent Developments
12.4 Ultra Solutions
12.4.1 Ultra Solutions Company Information
12.4.2 Ultra Solutions Business Overview
12.4.3 Ultra Solutions Revenue in Refurbished Medical Equipment Business (2019-2024)
12.4.4 Ultra Solutions Refurbished Medical Equipment Product Portfolio
12.4.5 Ultra Solutions Recent Developments
12.5 Agito Medical
12.5.1 Agito Medical Company Information
12.5.2 Agito Medical Business Overview
12.5.3 Agito Medical Revenue in Refurbished Medical Equipment Business (2019-2024)
12.5.4 Agito Medical Refurbished Medical Equipment Product Portfolio
12.5.5 Agito Medical Recent Developments
12.6 Soma Technology
12.6.1 Soma Technology Company Information
12.6.2 Soma Technology Business Overview
12.6.3 Soma Technology Revenue in Refurbished Medical Equipment Business (2019-2024)
12.6.4 Soma Technology Refurbished Medical Equipment Product Portfolio
12.6.5 Soma Technology Recent Developments
12.7 Block Imaging
12.7.1 Block Imaging Company Information
12.7.2 Block Imaging Business Overview
12.7.3 Block Imaging Revenue in Refurbished Medical Equipment Business (2019-2024)
12.7.4 Block Imaging Refurbished Medical Equipment Product Portfolio
12.7.5 Block Imaging Recent Developments
12.8 Whittemore Enterprises
12.8.1 Whittemore Enterprises Company Information
12.8.2 Whittemore Enterprises Business Overview
12.8.3 Whittemore Enterprises Revenue in Refurbished Medical Equipment Business (2019-2024)
12.8.4 Whittemore Enterprises Refurbished Medical Equipment Product Portfolio
12.8.5 Whittemore Enterprises Recent Developments
12.9 Radiology Oncology Systems
12.9.1 Radiology Oncology Systems Company Information
12.9.2 Radiology Oncology Systems Business Overview
12.9.3 Radiology Oncology Systems Revenue in Refurbished Medical Equipment Business (2019-2024)
12.9.4 Radiology Oncology Systems Refurbished Medical Equipment Product Portfolio
12.9.5 Radiology Oncology Systems Recent Developments
12.10 Integrity Medical Systems
12.10.1 Integrity Medical Systems Company Information
12.10.2 Integrity Medical Systems Business Overview
12.10.3 Integrity Medical Systems Revenue in Refurbished Medical Equipment Business (2019-2024)
12.10.4 Integrity Medical Systems Refurbished Medical Equipment Product Portfolio
12.10.5 Integrity Medical Systems Recent Developments
12.11 TRACO
12.11.1 TRACO Company Information
12.11.2 TRACO Business Overview
12.11.3 TRACO Revenue in Refurbished Medical Equipment Business (2019-2024)
12.11.4 TRACO Refurbished Medical Equipment Product Portfolio
12.11.5 TRACO Recent Developments
13 Report Conclusion
14 Disclaimer

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