According to our (Global Info Research) latest study, the global Refurbished Medical Equipment market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
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.
Global Refurbished Medical Equipment key players include GE Healthcare, Philips Healthcare, Siemens Healthineers, etc. Global top three manufacturers hold a share over 55%.
North America is the largest market, with a share about 40%, followed by Europe, and Asia-Pacific, both have a share over 40 percent.
In terms of product, Medical Imaging Equipment is the largest segment, with a share about 70%. And in terms of application, the largest application is Hospitals & Clinic, followed by Nursing Homes, etc.
This report is a detailed and comprehensive analysis for global Refurbished Medical Equipment market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Refurbished Medical Equipment market size and forecasts, in consumption value ($ Million), 2020-2031
Global Refurbished Medical Equipment market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Refurbished Medical Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Refurbished Medical Equipment market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Refurbished Medical Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Refurbished Medical Equipment market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE Healthcare, Siemens Healthcare, Philips Healthcare, Ultra Solutions, Agito Medical, Soma Technology, Block Imaging, Whittemore Enterprises, Radiology Oncology Systems, Integrity Medical Systems, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Refurbished Medical Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market 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
Market segment by Application
Hospital
Clinic
Others
Market segment by players, this report covers
GE Healthcare
Siemens Healthcare
Philips Healthcare
Ultra Solutions
Agito Medical
Soma Technology
Block Imaging
Whittemore Enterprises
Radiology Oncology Systems
Integrity Medical Systems
TRACO
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Refurbished Medical Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Refurbished Medical Equipment, with revenue, gross margin, and global market share of Refurbished Medical Equipment from 2020 to 2025.
Chapter 3, the Refurbished Medical Equipment competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Refurbished Medical Equipment market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Refurbished Medical Equipment.
Chapter 13, to describe Refurbished Medical Equipment research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook