PUBLISHER: Grand View Research | PRODUCT CODE: 1701373
PUBLISHER: Grand View Research | PRODUCT CODE: 1701373
The global refurbished MRI systems market size is anticipated to reach USD 1,108.3 million by 2030, expanding at a CAGR of 5.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. High cost of new MRI systems, growing prevalence of chronic disorders and increasing demand for healthcare services are the major factors contributing to the market growth. High cost of new MRI equipment has prompted many healthcare facilities to adopt more cost-effective alternatives. Refurbished MRI systems provide advanced solutions, helping healthcare providers to leverage advanced imaging technology without imposing a heavy financial burden.
Continuous advancements in MRI technology result in the regular replacement of older systems with advanced devices. This continuous cycle of upgrades ensures a constant availability of used MRI machines that can be refurbished and offered to end-users that may not have the means to invest in the latest models. Budgetary limitations present a prevalent challenge for numerous healthcare facilities, particularly in smaller clinics and underserved regions. Refurbished MRI systems serve as a valuable solution to address this issue, offering a cost-effective way to fulfill the increasing need for diagnostic imaging services.
Furthermore, more accurate diagnosis and treatment planning has become possible due to improvements in MRI image quality and software advancements in MRI systems. This enhancement results from stronger fields, better coils, and more sophisticated picture reconstruction techniques. Faster scanning methods, such as parallel imaging and compressed sensing, have shortened scan times, enhancing patient comfort during MRI treatments while boosting productivity for healthcare facilities.