Refurbished Medical Equipment Market Size & Share, Growth Forecast 2036 Market Analysis

  • Report ID: 2899
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Refurbished Medical Equipment Market Size & Share, Growth Forecast 2036 Market Analysis

Based on equipment type, the segment for medical & diagnostic imaging equipment is projected to occupy the largest market share by the end of 2029 owing to the increase in demand for these devices. According to the World Health Organization (WHO), some surgical interventions can be avoided altogether if diagnostic imaging services such as ultrasound are available. Factors such as the high usefulness of diagnostic imaging equipment in various healthcare spaces, growing demand for early diagnosis of diseases, and high equipment durability are also anticipated to boost the growth of this segment. Additionally, on the basis of application, the market is segmented into diagnostic and therapeutic, out of which, the diagnostic imaging procedures segment is projected to generate the highest revenue in the year 2029 owing to the increasing number of patients and target diseases for these medical procedures, vast application of diagnostic processes and cost-effective price of imaging equipment. 

Our in-depth analysis of the global market includes the following segments

By Equipment Type

  • Medical & Diagnostic Imaging
    • X-Ray Machines
    • CT Scanners
    • Ultrasound Systems
    • MRI Machines
    • Others
  • Patient Monitors
    • Pulse Oximeters
    • Multi-Parameter Monitors
    • ECG Devices
    • Other Patient Monitors         
  • Surgical
  • Acute & Intensive Care
  • Cardiovascular
  • Neurology
  • Others

By Application

  • Diagnostic
    • Cardiology
    • Neurology
    • Oncology
    • Orthopedics
    • Physiology
    • Obstetrics/Gynecology (OB/GYN)
    • Others
  • Therapeutic
    • Cardiology
    • Neurology
    • Oncology
    • Orthopedics
    • Physiology
    • Obstetrics/Gynecology (OB/GYN)
    • Others

By End-User

  • Hospitals
  • Diagnostic Centers
  • Ambulatory Care Centers
  • Others
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Author Credits:  Radhika Pawar


  • Report ID: 2899
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing number of low budget healthcare facilities is one of the major factors driving market growth.

The market is anticipated to attain a notable CAGR over the forecast period, i.e., 2021-2029.

Negative perception about refurbished equipment and inappropriate maintenance of quality standards by some companies are estimated to hamper market growth.

Asia Pacific region will provide more business opportunities for market growth on the back of growing patient pool in the region.

The major players of the market are General Electric Company, Avante Health Solutions, Siemens Healthcare GmbH, EVERX, Koninklijke Philips N.V., and others.
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