Refurbished Medical Imaging Equipment Market Size, Share, Trends, Industry Analysis Report: By Product, End-Use, and Region

Description

List of Tables

The global refurbished medical imaging equipment market size is expected to reach USD 33.78 billion by 2034, according to a new study by Polaris Market Research. The report "Refurbished Medical Imaging Equipment Market Size, Share, Trends, Industry Analysis Report: By Product (X-Ray Machines, MRI Systems, Ultrasound Systems, CT Scanners, and Nuclear Imaging), End-Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Refurbished medical imaging equipment are previously used medical imaging systems that have been thoroughly tested, inspected, and repaired to meet original equipment standards. These systems are a cost-effective alternative to purchasing brand-new equipment. X-ray machines, CT scanners, MRI machines, and ultrasound machines are some common examples of medical imaging equipment that can be refurbished.

The refurbished medical imaging equipment market growth is driven by the increasing demand for cost-effective healthcare solutions, particularly in budget-conscious regions and smaller healthcare facilities. Factors such as rising healthcare costs, the need for advanced diagnostic tools, and a growing focus on sustainability contribute to the adoption of refurbished devices. Key opportunities lie in expanding service offerings, such as fast-turnaround refurbishing and specialized upgrades, as well as entering emerging markets where healthcare infrastructure is rapidly developing.

Advancements in refurbishment technology, rising awareness of environmental concerns, and stricter regulatory standards are a few of the key refurbished medical imaging equipment market trends anticipated to drive market expansion in the coming years. Overall, the market is poised for steady growth as healthcare providers seek affordable, high-quality alternatives to new medical equipment while also contributing to sustainability goals.

Refurbished Medical Imaging Equipment Market Report Highlights

Based on product, the MRI systems segment dominates the refurbished medical imaging equipment market, driven by their high demand in diagnostic procedures and growing adoption in both developed and emerging markets. This segment is also registering the highest growth due to advancements in MRI technology and the cost-effectiveness of refurbished devices.

Hospitals are the leading end-users of refurbished medical imaging equipment, driven by their large-scale diagnostic needs and significant cost-saving potential. Diagnostic imaging centers are witnessing the fastest growth as they seek affordable solutions for specialized imaging services.

North America holds the largest market share due to advanced healthcare infrastructure and a strong preference for refurbished medical equipment. Asia Pacific is the fastest-growing region, driven by increasing healthcare demand, expanding infrastructure, and affordability concerns in developing countries.

A few of the key players in the refurbished medical imaging equipment market include GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Atlantis Worldwide, Block Imaging, Soma Technology, Integrity Medical Systems, Radiology Oncology Systems (ROS), EverX, and Avante Health Solutions.

Polaris Market Research has segmented the refurbished medical imaging equipment market research report on the basis of product, end-use, and region:

By Product Outlook (Revenue-USD Billion, 2020-2034)

X-Ray Machines
MRI Systems
Ultrasound Systems
CT Scanners
Nuclear Imaging

By End-Use Outlook (Revenue-USD Billion, 2020-2034)

Hospitals
Diagnostics Imaging Centers

By Regional Outlook (Revenue-USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1728

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Refurbished Medical Imaging Equipment Market Insights

4.1. Refurbished Medical Imaging Equipment Market - Market Snapshot
4.2. Refurbished Medical Imaging Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Advancements in Refurbishment Technology
  - 4.2.1.2. Growing Adoption in Emerging Markets
  - 4.2.1.3. Focus on Sustainability and Waste Reduction
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Concerns Over Equipment Reliability
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Refurbished Medical Imaging Equipment Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Refurbished Medical Imaging Equipment Market, by Product

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
5.3. X-Ray Machines
- 5.3.1. Global Refurbished Medical Imaging Equipment Market, by X-Ray Machines, by Region, 2020-2034 (USD Billion)
5.4. MRI Systems
- 5.4.1. Global Refurbished Medical Imaging Equipment Market, by MRI Systems, by Region, 2020-2034 (USD Billion)
5.5. Ultrasound Systems
- 5.5.1. Global Refurbished Medical Imaging Equipment Market, by Ultrasound Systems, by Region, 2020-2034 (USD Billion)
5.6. CT Scanners
- 5.6.1. Global Refurbished Medical Imaging Equipment Market, by CT Scanners, by Region, 2020-2034 (USD Billion)
5.7. Nuclear Imaging
- 5.7.1. Global Refurbished Medical Imaging Equipment Market, by Nuclear Imaging, by Region, 2020-2034 (USD Billion)

6. Global Refurbished Medical Imaging Equipment Market, by End Use

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
6.3. Hospitals
- 6.3.1. Global Refurbished Medical Imaging Equipment Market, by Hospitals, by Region, 2020-2034 (USD Billion)
6.4. Diagnostics Imaging Centers
- 6.4.1. Global Refurbished Medical Imaging Equipment Market, by Diagnostics Imaging Centers, by Region, 2020-2034 (USD Billion)

7. Global Refurbished Medical Imaging Equipment Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Refurbished Medical Imaging Equipment Market Assessment, By Geography, 2020-2034 (USD Billion)
7.3. Refurbished Medical Imaging Equipment Market - North America
- 7.3.1. North America: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
- 7.3.2. North America: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.3.3. Refurbished Medical Imaging Equipment Market - U.S.
  - 7.3.3.1. U.S.: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.3.3.2. U.S.: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.3.4. Refurbished Medical Imaging Equipment Market - Canada
  - 7.3.4.1. Canada: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.3.4.2. Canada: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
7.4. Refurbished Medical Imaging Equipment Market - Europe
- 7.4.1. Europe: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
- 7.4.2. Europe: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.4.3. Refurbished Medical Imaging Equipment Market - UK
  - 7.4.3.1. UK: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.3.2. UK: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.4.4. Refurbished Medical Imaging Equipment Market - France
  - 7.4.4.1. France: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.4.2. France: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.4.5. Refurbished Medical Imaging Equipment Market - Germany
  - 7.4.5.1. Germany: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.5.2. Germany: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.4.6. Refurbished Medical Imaging Equipment Market - Italy
  - 7.4.6.1. Italy: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.6.2. Italy: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.4.7. Refurbished Medical Imaging Equipment Market - Spain
  - 7.4.7.1. Spain: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.7.2. Spain: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.4.8. Refurbished Medical Imaging Equipment Market - Netherlands
  - 7.4.8.1. Netherlands: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.8.2. Netherlands: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.4.9. Refurbished Medical Imaging Equipment Market - Russia
  - 7.4.9.1. Russia: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.9.2. Russia: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.4.10. Refurbished Medical Imaging Equipment Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.10.2. Rest of Europe: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
7.5. Refurbished Medical Imaging Equipment Market - Asia Pacific
- 7.5.1. Asia Pacific: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.5.3. Refurbished Medical Imaging Equipment Market - China
  - 7.5.3.1. China: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.3.2. China: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.5.4. Refurbished Medical Imaging Equipment Market - India
  - 7.5.4.1. India: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.4.2. India: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.5.5. Refurbished Medical Imaging Equipment Market - Malaysia
  - 7.5.5.1. Malaysia: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.5.2. Malaysia: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.5.6. Refurbished Medical Imaging Equipment Market - Japan
  - 7.5.6.1. Japan: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.6.2. Japan: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.5.7. Refurbished Medical Imaging Equipment Market - Indonesia
  - 7.5.7.1. Indonesia: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.7.2. Indonesia: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.5.8. Refurbished Medical Imaging Equipment Market - South Korea
  - 7.5.8.1. South Korea: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.8.2. South Korea: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.5.9. Refurbished Medical Imaging Equipment Market - Australia
  - 7.5.9.1. Australia: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.9.2. Australia: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.5.10. Refurbished Medical Imaging Equipment Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
7.6. Refurbished Medical Imaging Equipment Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.6.3. Refurbished Medical Imaging Equipment Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.6.3.2. Saudi Arabia: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.6.4. Refurbished Medical Imaging Equipment Market - UAE
  - 7.6.4.1. UAE: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.6.4.2. UAE: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.6.5. Refurbished Medical Imaging Equipment Market - Israel
  - 7.6.5.1. Israel: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.6.5.2. Israel: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.6.6. Refurbished Medical Imaging Equipment Market - South Africa
  - 7.6.6.1. South Africa: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.6.6.2. South Africa: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.6.7. Refurbished Medical Imaging Equipment Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
7.7. Refurbished Medical Imaging Equipment Market - Latin America
- 7.7.1. Latin America: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.7.3. Refurbished Medical Imaging Equipment Market - Mexico
  - 7.7.3.1. Mexico: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.7.3.2. Mexico: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.7.4. Refurbished Medical Imaging Equipment Market - Brazil
  - 7.7.4.1. Brazil: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.7.4.2. Brazil: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.7.5. Refurbished Medical Imaging Equipment Market - Argentina
  - 7.7.5.1. Argentina: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.7.5.2. Argentina: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)
- 7.7.6. Refurbished Medical Imaging Equipment Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Refurbished Medical Imaging Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.7.6.2. Rest of Latin America: Refurbished Medical Imaging Equipment Market, by End Use, 2020-2034 (USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. GE Healthcare
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. Siemens Healthineer
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. Koninklijke Philips N.V.
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Atlantis Worldwide
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. Block Imaging
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. Soma Technology
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Integrity Medical Systems
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Radiology Oncology Systems (ROS)
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. EverX
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. Avante Health Solutions
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development