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Global Used and Refurbished Medical Equipment Market Research Report 2024
Synopsis
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
The global Used and Refurbished Medical Equipment market was valued at US$ 8471.7 million in 2023 and is anticipated to reach US$ 15000 million by 2030, witnessing a CAGR of 8.4% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Used and 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 Used and Refurbished Medical Equipment.
Report Scope
The Used and 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 Used and 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.
The report will help the Used and Refurbished Medical Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Medical Imaging Equipment
Operating Room and Surgical Equipment
Patient Monitors
Cardiovascular & Cardiology Equipment
Neurology Equipment
Other Equipment
Segment by Application
Hospitals & Clinic
Nursing Homes
Other
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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 2: 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 3: Detailed analysis of Used and Refurbished Medical Equipment companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6, 7, 8, 9, 10: 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 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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
The global Used and Refurbished Medical Equipment market was valued at US$ 8471.7 million in 2023 and is anticipated to reach US$ 15000 million by 2030, witnessing a CAGR of 8.4% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Used and 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 Used and Refurbished Medical Equipment.
Report Scope
The Used and 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 Used and 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.
The report will help the Used and Refurbished Medical Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Medical Imaging Equipment
Operating Room and Surgical Equipment
Patient Monitors
Cardiovascular & Cardiology Equipment
Neurology Equipment
Other Equipment
Segment by Application
Hospitals & Clinic
Nursing Homes
Other
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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 2: 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 3: Detailed analysis of Used and Refurbished Medical Equipment companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by 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 6, 7, 8, 9, 10: 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 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Used and Refurbished Medical Equipment Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Medical Imaging Equipment
1.2.3 Operating Room and Surgical Equipment
1.2.4 Patient Monitors
1.2.5 Cardiovascular & Cardiology Equipment
1.2.6 Neurology Equipment
1.2.7 Other Equipment
1.3 Market by Application
1.3.1 Global Used and Refurbished Medical Equipment Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Hospitals & Clinic
1.3.3 Nursing Homes
1.3.4 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Used and Refurbished Medical Equipment Market Perspective (2019-2030)
2.2 Used and Refurbished Medical Equipment Growth Trends by Region
2.2.1 Global Used and Refurbished Medical Equipment Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Used and Refurbished Medical Equipment Historic Market Size by Region (2019-2024)
2.2.3 Used and Refurbished Medical Equipment Forecasted Market Size by Region (2025-2030)
2.3 Used and Refurbished Medical Equipment Market Dynamics
2.3.1 Used and Refurbished Medical Equipment Industry Trends
2.3.2 Used and Refurbished Medical Equipment Market Drivers
2.3.3 Used and Refurbished Medical Equipment Market Challenges
2.3.4 Used and Refurbished Medical Equipment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Used and Refurbished Medical Equipment Players by Revenue
3.1.1 Global Top Used and Refurbished Medical Equipment Players by Revenue (2019-2024)
3.1.2 Global Used and Refurbished Medical Equipment Revenue Market Share by Players (2019-2024)
3.2 Global Used and Refurbished Medical Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Used and Refurbished Medical Equipment Revenue
3.4 Global Used and Refurbished Medical Equipment Market Concentration Ratio
3.4.1 Global Used and Refurbished Medical Equipment Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Used and Refurbished Medical Equipment Revenue in 2023
3.5 Used and Refurbished Medical Equipment Key Players Head office and Area Served
3.6 Key Players Used and Refurbished Medical Equipment Product Solution and Service
3.7 Date of Enter into Used and Refurbished Medical Equipment Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Used and Refurbished Medical Equipment Breakdown Data by Type
4.1 Global Used and Refurbished Medical Equipment Historic Market Size by Type (2019-2024)
4.2 Global Used and Refurbished Medical Equipment Forecasted Market Size by Type (2025-2030)
5 Used and Refurbished Medical Equipment Breakdown Data by Application
5.1 Global Used and Refurbished Medical Equipment Historic Market Size by Application (2019-2024)
5.2 Global Used and Refurbished Medical Equipment Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Used and Refurbished Medical Equipment Market Size (2019-2030)
6.2 North America Used and Refurbished Medical Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Used and Refurbished Medical Equipment Market Size by Country (2019-2024)
6.4 North America Used and Refurbished Medical Equipment Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Used and Refurbished Medical Equipment Market Size (2019-2030)
7.2 Europe Used and Refurbished Medical Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Used and Refurbished Medical Equipment Market Size by Country (2019-2024)
7.4 Europe Used and Refurbished Medical Equipment Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Used and Refurbished Medical Equipment Market Size (2019-2030)
8.2 Asia-Pacific Used and Refurbished Medical Equipment Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Used and Refurbished Medical Equipment Market Size by Region (2019-2024)
8.4 Asia-Pacific Used and Refurbished Medical Equipment Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Used and Refurbished Medical Equipment Market Size (2019-2030)
9.2 Latin America Used and Refurbished Medical Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Used and Refurbished Medical Equipment Market Size by Country (2019-2024)
9.4 Latin America Used and Refurbished Medical Equipment Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Used and Refurbished Medical Equipment Market Size (2019-2030)
10.2 Middle East & Africa Used and Refurbished Medical Equipment Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Used and Refurbished Medical Equipment Market Size by Country (2019-2024)
10.4 Middle East & Africa Used and Refurbished Medical Equipment Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 GE Healthcare
11.1.1 GE Healthcare Company Detail
11.1.2 GE Healthcare Business Overview
11.1.3 GE Healthcare Used and Refurbished Medical Equipment Introduction
11.1.4 GE Healthcare Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.1.5 GE Healthcare Recent Development
11.2 Philips Healthcare
11.2.1 Philips Healthcare Company Detail
11.2.2 Philips Healthcare Business Overview
11.2.3 Philips Healthcare Used and Refurbished Medical Equipment Introduction
11.2.4 Philips Healthcare Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.2.5 Philips Healthcare Recent Development
11.3 Siemens Healthineers
11.3.1 Siemens Healthineers Company Detail
11.3.2 Siemens Healthineers Business Overview
11.3.3 Siemens Healthineers Used and Refurbished Medical Equipment Introduction
11.3.4 Siemens Healthineers Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.3.5 Siemens Healthineers Recent Development
11.4 Hitachi
11.4.1 Hitachi Company Detail
11.4.2 Hitachi Business Overview
11.4.3 Hitachi Used and Refurbished Medical Equipment Introduction
11.4.4 Hitachi Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.4.5 Hitachi Recent Development
11.5 Canon Medical
11.5.1 Canon Medical Company Detail
11.5.2 Canon Medical Business Overview
11.5.3 Canon Medical Used and Refurbished Medical Equipment Introduction
11.5.4 Canon Medical Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.5.5 Canon Medical Recent Development
11.6 Block Imaging International
11.6.1 Block Imaging International Company Detail
11.6.2 Block Imaging International Business Overview
11.6.3 Block Imaging International Used and Refurbished Medical Equipment Introduction
11.6.4 Block Imaging International Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.6.5 Block Imaging International Recent Development
11.7 Avante Medical Surgical
11.7.1 Avante Medical Surgical Company Detail
11.7.2 Avante Medical Surgical Business Overview
11.7.3 Avante Medical Surgical Used and Refurbished Medical Equipment Introduction
11.7.4 Avante Medical Surgical Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.7.5 Avante Medical Surgical Recent Development
11.8 Soma Technology
11.8.1 Soma Technology Company Detail
11.8.2 Soma Technology Business Overview
11.8.3 Soma Technology Used and Refurbished Medical Equipment Introduction
11.8.4 Soma Technology Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.8.5 Soma Technology Recent Development
11.9 Integrity Medical Systems
11.9.1 Integrity Medical Systems Company Detail
11.9.2 Integrity Medical Systems Business Overview
11.9.3 Integrity Medical Systems Used and Refurbished Medical Equipment Introduction
11.9.4 Integrity Medical Systems Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.9.5 Integrity Medical Systems Recent Development
11.10 Everx Pvt Ltd
11.10.1 Everx Pvt Ltd Company Detail
11.10.2 Everx Pvt Ltd Business Overview
11.10.3 Everx Pvt Ltd Used and Refurbished Medical Equipment Introduction
11.10.4 Everx Pvt Ltd Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.10.5 Everx Pvt Ltd Recent Development
11.11 Radiology Oncology Systems
11.11.1 Radiology Oncology Systems Company Detail
11.11.2 Radiology Oncology Systems Business Overview
11.11.3 Radiology Oncology Systems Used and Refurbished Medical Equipment Introduction
11.11.4 Radiology Oncology Systems Revenue in Used and Refurbished Medical Equipment Business (2019-2024)
11.11.5 Radiology Oncology Systems Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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