Refurbished Medical Equipment Market Size- By Product, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Refurbished Medical Equipment Market Size- By Product, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Refurbished Medical Equipment Market Introduction and Overview

According to SPER market research, ‘Refurbished Medical Equipment Market Size- By Product, By Application, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’state that the Global Refurbished Medical Equipment Market is predicted to reach USD 30.56 billion by 2033 with a CAGR of 12.61%.

Refurbished medical equipment is that which has been fixed to a working condition without changing its original specifications. Refurbishment comprises dismantling the old equipment and conducting a full service on all parts, followed by sanitising, cleaning, painting, and replacing any worn or broken parts. Following that, the item is offered for sale at a large discount as compared to a new model. Because of these benefits, refurbished equipment is commonly utilised in clinics, hospitals, and other healthcare facilities.

The COVID-19 pandemic is projected to drive up demand for reconditioned medical equipment, such as mechanical ventilators. A large disruption in the supply chain, which also affects the healthcare sector, has a detrimental influence on reconditioned medical equipment. Refurbished medical equipment is defined as a device that has been refurbished to the same standard as new equipment.

Scope of the Report:

Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Product, By Application, By End User
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe

Companies Covered

Agito Medical A/S, Block Imaging, DRE Medical, Inc., Everx Pvt Ltd., General Electric Company, Integrity Medical Systems, Koninklijke Philips N.V., Radiology Oncology Systems, Inc., Siemens AG, and Soma Technology.

Global Refurbished Medical Equipment Market Segmentation:

By Product:Based on the Product, Global Refurbished Medical Equipment Market is segmented as; Intensive Care Equipment, Medical Imaging, OR Equipment and Patient Monitors.

By Application:Based on the Application, Global Refurbished Medical Equipment Market is segmented as; Cardiology, Neurology, Oncology and Urology.

By End User:Based on the End User, Global Refurbished Medical Equipment Market is segmented as; Diagnostic Imaging Centres and Hospitals.