Global Used and Refurbished Medical Equipment Market Growth (Status and Outlook) 2025-2031

Global Used and Refurbished Medical Equipment Market Growth (Status and Outlook) 2025-2031

The global Used and Refurbished Medical Equipment market size is predicted to grow from US$ 9726 million in 2025 to US$ 16060 million in 2031; it is expected to grow at a CAGR of 8.7% from 2025 to 2031.

Refurbished Medical Equipment is 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

In the last several years, global market of Used and Refurbished Medical Equipment developed rapidly, with an average growth rate of 8% during 2015 to 2019. Emerging markets including India offer high growth potential for companies engaged in the development and distribution of refurbished medical devices. North America is the largest consumption place, with a consumption market share nearly 48.3% in 2019. Market competition is intense.

LPI (LP Information)' newest research report, the “Used and Refurbished Medical Equipment Industry Forecast” looks at past sales and reviews total world Used and Refurbished Medical Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Used and Refurbished Medical Equipment sales for 2025 through 2031. With Used and Refurbished Medical Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Used and Refurbished Medical Equipment industry.

This Insight Report provides a comprehensive analysis of the global Used and Refurbished Medical Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Used and Refurbished Medical Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Used and Refurbished Medical Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Used and Refurbished Medical Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Used and Refurbished Medical Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Used and Refurbished Medical Equipment market by product type, application, key players and key regions and countries.

Segmentation by Type:
Medical Imaging Equipment
Operating Room and Surgical Equipment
Patient Monitors
Cardiovascular & Cardiology Equipment
Neurology Equipment
Other Equipment

Segmentation by Application:
Hospitals & Clinic
Nursing Homes
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE Healthcare
Philips Healthcare
Siemens Healthineers
Hitachi
Canon Medical
Block Imaging International
Avante Medical Surgical
Soma Technology
Integrity Medical Systems
Everx Pvt Ltd
Radiology Oncology Systems

Please note: The report will take approximately 2 business days to prepare and deliver.