Abstract
Summary
Refurbished Medical Equipment are 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. Many firms are also restoring used disposable devices, such as catheters and surgical cutting instruments and accessories. Regardless of the product type, medical device remanufacturing carries an indisputable benefit--reduced health-care costs.
Market Analysis and Insights: Global Refurbished Medical Equipment Market
The global Refurbished Medical Equipment market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Global Refurbished Medical Equipment key players include GE Healthcare, Philips Healthcare, Siemens Healthineers, etc. Global top three manufacturers hold a share over 55%.
North America is the largest market, with a share about 40%, followed by Europe, and Asia-Pacific, both have a share over 40 percent.
In terms of product, Medical Imaging Equipment is the largest segment, with a share about 70%. And in terms of application, the largest application is Hospitals & Clinic, followed by Nursing Homes, etc.
Report Covers:
This report presents an overview of global market for Refurbished Medical Equipment market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Refurbished Medical Equipment, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Refurbished Medical Equipment, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Refurbished Medical Equipment revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Refurbished Medical Equipment market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Refurbished Medical Equipment revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
GE Healthcare
Siemens Healthcare
Philips Healthcare
Ultra Solutions
Agito Medical
Soma Technology
Block Imaging
Whittemore Enterprises
Radiology Oncology Systems
Integrity Medical Systems
TRACO
Segment by Type
Medical Imaging Equipment
Operating Room and Surgical Equipment
Monitoring Equipment
Defibrillators
Cardiovascular and Cardiology Equipment
IV Therapy Systems
Neurology Equipment
Endoscopy Equipment
Others
Segment by Application
Hospital
Clinic
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, 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: Revenue of Refurbished Medical Equipment in global and regional level. 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. 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 Refurbished Medical Equipment companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, 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 revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Refurbished Medical Equipment revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
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. Many firms are also restoring used disposable devices, such as catheters and surgical cutting instruments and accessories. Regardless of the product type, medical device remanufacturing carries an indisputable benefit--reduced health-care costs.
Market Analysis and Insights: Global Refurbished Medical Equipment Market
The global Refurbished Medical Equipment market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Global Refurbished Medical Equipment key players include GE Healthcare, Philips Healthcare, Siemens Healthineers, etc. Global top three manufacturers hold a share over 55%.
North America is the largest market, with a share about 40%, followed by Europe, and Asia-Pacific, both have a share over 40 percent.
In terms of product, Medical Imaging Equipment is the largest segment, with a share about 70%. And in terms of application, the largest application is Hospitals & Clinic, followed by Nursing Homes, etc.
Report Covers:
This report presents an overview of global market for Refurbished Medical Equipment market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Refurbished Medical Equipment, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Refurbished Medical Equipment, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Refurbished Medical Equipment revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Refurbished Medical Equipment market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Refurbished Medical Equipment revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
GE Healthcare
Siemens Healthcare
Philips Healthcare
Ultra Solutions
Agito Medical
Soma Technology
Block Imaging
Whittemore Enterprises
Radiology Oncology Systems
Integrity Medical Systems
TRACO
Segment by Type
Medical Imaging Equipment
Operating Room and Surgical Equipment
Monitoring Equipment
Defibrillators
Cardiovascular and Cardiology Equipment
IV Therapy Systems
Neurology Equipment
Endoscopy Equipment
Others
Segment by Application
Hospital
Clinic
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, 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: Revenue of Refurbished Medical Equipment in global and regional level. 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. 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 Refurbished Medical Equipment companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, 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 revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Refurbished Medical Equipment revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global 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 Monitoring Equipment
1.2.5 Defibrillators
1.2.6 Cardiovascular and Cardiology Equipment
1.2.7 IV Therapy Systems
1.2.8 Neurology Equipment
1.2.9 Endoscopy Equipment
1.2.10 Others
1.3 Market by Application
1.3.1 Global Refurbished Medical Equipment Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Hospital
1.3.3 Clinic
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Refurbished Medical Equipment Market Perspective (2019-2030)
2.2 Global Refurbished Medical Equipment Growth Trends by Region
2.2.1 Refurbished Medical Equipment Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Refurbished Medical Equipment Historic Market Size by Region (2019-2024)
2.2.3 Refurbished Medical Equipment Forecasted Market Size by Region (2025-2030)
2.3 Refurbished Medical Equipment Market Dynamics
2.3.1 Refurbished Medical Equipment Industry Trends
2.3.2 Refurbished Medical Equipment Market Drivers
2.3.3 Refurbished Medical Equipment Market Challenges
2.3.4 Refurbished Medical Equipment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Refurbished Medical Equipment by Players
3.1.1 Global Refurbished Medical Equipment Revenue by Players (2019-2024)
3.1.2 Global Refurbished Medical Equipment Revenue Market Share by Players (2019-2024)
3.2 Global Refurbished Medical Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Refurbished Medical Equipment, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Refurbished Medical Equipment Market Concentration Ratio
3.4.1 Global Refurbished Medical Equipment Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Refurbished Medical Equipment Revenue in 2023
3.5 Global Key Players of Refurbished Medical Equipment Head office and Area Served
3.6 Global Key Players of Refurbished Medical Equipment, Product and Application
3.7 Global Key Players of Refurbished Medical Equipment, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Refurbished Medical Equipment Breakdown Data by Type
4.1 Global Refurbished Medical Equipment Historic Market Size by Type (2019-2024)
4.2 Global Refurbished Medical Equipment Forecasted Market Size by Type (2025-2030)
5 Refurbished Medical Equipment Breakdown Data by Application
5.1 Global Refurbished Medical Equipment Historic Market Size by Application (2019-2024)
5.2 Global Refurbished Medical Equipment Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Refurbished Medical Equipment Market Size (2019-2030)
6.2 North America Refurbished Medical Equipment Market Size by Type
6.2.1 North America Refurbished Medical Equipment Market Size by Type (2019-2024)
6.2.2 North America Refurbished Medical Equipment Market Size by Type (2025-2030)
6.2.3 North America Refurbished Medical Equipment Market Share by Type (2019-2030)
6.3 North America Refurbished Medical Equipment Market Size by Application
6.3.1 North America Refurbished Medical Equipment Market Size by Application (2019-2024)
6.3.2 North America Refurbished Medical Equipment Market Size by Application (2025-2030)
6.3.3 North America Refurbished Medical Equipment Market Share by Application (2019-2030)
6.4 North America Refurbished Medical Equipment Market Size by Country
6.4.1 North America Refurbished Medical Equipment Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Refurbished Medical Equipment Market Size by Country (2019-2024)
6.4.3 North America Refurbished Medical Equipment Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Refurbished Medical Equipment Market Size (2019-2030)
7.2 Europe Refurbished Medical Equipment Market Size by Type
7.2.1 Europe Refurbished Medical Equipment Market Size by Type (2019-2024)
7.2.2 Europe Refurbished Medical Equipment Market Size by Type (2025-2030)
7.2.3 Europe Refurbished Medical Equipment Market Share by Type (2019-2030)
7.3 Europe Refurbished Medical Equipment Market Size by Application
7.3.1 Europe Refurbished Medical Equipment Market Size by Application (2019-2024)
7.3.2 Europe Refurbished Medical Equipment Market Size by Application (2025-2030)
7.3.3 Europe Refurbished Medical Equipment Market Share by Application (2019-2030)
7.4 Europe Refurbished Medical Equipment Market Size by Country
7.4.1 Europe Refurbished Medical Equipment Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Refurbished Medical Equipment Market Size by Country (2019-2024)
7.4.3 Europe Refurbished Medical Equipment Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Refurbished Medical Equipment Market Size (2019-2030)
8.2 China Refurbished Medical Equipment Market Size by Type
8.2.1 China Refurbished Medical Equipment Market Size by Type (2019-2024)
8.2.2 China Refurbished Medical Equipment Market Size by Type (2025-2030)
8.2.3 China Refurbished Medical Equipment Market Share by Type (2019-2030)
8.3 China Refurbished Medical Equipment Market Size by Application
8.3.1 China Refurbished Medical Equipment Market Size by Application (2019-2024)
8.3.2 China Refurbished Medical Equipment Market Size by Application (2025-2030)
8.3.3 China Refurbished Medical Equipment Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Refurbished Medical Equipment Market Size (2019-2030)
9.2 Asia Refurbished Medical Equipment Market Size by Type
9.2.1 Asia Refurbished Medical Equipment Market Size by Type (2019-2024)
9.2.2 Asia Refurbished Medical Equipment Market Size by Type (2025-2030)
9.2.3 Asia Refurbished Medical Equipment Market Share by Type (2019-2030)
9.3 Asia Refurbished Medical Equipment Market Size by Application
9.3.1 Asia Refurbished Medical Equipment Market Size by Application (2019-2024)
9.3.2 Asia Refurbished Medical Equipment Market Size by Application (2025-2030)
9.3.3 Asia Refurbished Medical Equipment Market Share by Application (2019-2030)
9.4 Asia Refurbished Medical Equipment Market Size by Region
9.4.1 Asia Refurbished Medical Equipment Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Refurbished Medical Equipment Market Size by Region (2019-2024)
9.4.3 Asia Refurbished Medical Equipment Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size by Type
10.2.1 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size by Application
10.3.1 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size by Country
10.4.1 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Refurbished Medical Equipment Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 GE Healthcare
11.1.1 GE Healthcare Company Details
11.1.2 GE Healthcare Business Overview
11.1.3 GE Healthcare Refurbished Medical Equipment Introduction
11.1.4 GE Healthcare Revenue in Refurbished Medical Equipment Business (2019-2024)
11.1.5 GE Healthcare Recent Developments
11.2 Siemens Healthcare
11.2.1 Siemens Healthcare Company Details
11.2.2 Siemens Healthcare Business Overview
11.2.3 Siemens Healthcare Refurbished Medical Equipment Introduction
11.2.4 Siemens Healthcare Revenue in Refurbished Medical Equipment Business (2019-2024)
11.2.5 Siemens Healthcare Recent Developments
11.3 Philips Healthcare
11.3.1 Philips Healthcare Company Details
11.3.2 Philips Healthcare Business Overview
11.3.3 Philips Healthcare Refurbished Medical Equipment Introduction
11.3.4 Philips Healthcare Revenue in Refurbished Medical Equipment Business (2019-2024)
11.3.5 Philips Healthcare Recent Developments
11.4 Ultra Solutions
11.4.1 Ultra Solutions Company Details
11.4.2 Ultra Solutions Business Overview
11.4.3 Ultra Solutions Refurbished Medical Equipment Introduction
11.4.4 Ultra Solutions Revenue in Refurbished Medical Equipment Business (2019-2024)
11.4.5 Ultra Solutions Recent Developments
11.5 Agito Medical
11.5.1 Agito Medical Company Details
11.5.2 Agito Medical Business Overview
11.5.3 Agito Medical Refurbished Medical Equipment Introduction
11.5.4 Agito Medical Revenue in Refurbished Medical Equipment Business (2019-2024)
11.5.5 Agito Medical Recent Developments
11.6 Soma Technology
11.6.1 Soma Technology Company Details
11.6.2 Soma Technology Business Overview
11.6.3 Soma Technology Refurbished Medical Equipment Introduction
11.6.4 Soma Technology Revenue in Refurbished Medical Equipment Business (2019-2024)
11.6.5 Soma Technology Recent Developments
11.7 Block Imaging
11.7.1 Block Imaging Company Details
11.7.2 Block Imaging Business Overview
11.7.3 Block Imaging Refurbished Medical Equipment Introduction
11.7.4 Block Imaging Revenue in Refurbished Medical Equipment Business (2019-2024)
11.7.5 Block Imaging Recent Developments
11.8 Whittemore Enterprises
11.8.1 Whittemore Enterprises Company Details
11.8.2 Whittemore Enterprises Business Overview
11.8.3 Whittemore Enterprises Refurbished Medical Equipment Introduction
11.8.4 Whittemore Enterprises Revenue in Refurbished Medical Equipment Business (2019-2024)
11.8.5 Whittemore Enterprises Recent Developments
11.9 Radiology Oncology Systems
11.9.1 Radiology Oncology Systems Company Details
11.9.2 Radiology Oncology Systems Business Overview
11.9.3 Radiology Oncology Systems Refurbished Medical Equipment Introduction
11.9.4 Radiology Oncology Systems Revenue in Refurbished Medical Equipment Business (2019-2024)
11.9.5 Radiology Oncology Systems Recent Developments
11.10 Integrity Medical Systems
11.10.1 Integrity Medical Systems Company Details
11.10.2 Integrity Medical Systems Business Overview
11.10.3 Integrity Medical Systems Refurbished Medical Equipment Introduction
11.10.4 Integrity Medical Systems Revenue in Refurbished Medical Equipment Business (2019-2024)
11.10.5 Integrity Medical Systems Recent Developments
11.11 TRACO
11.11.1 TRACO Company Details
11.11.2 TRACO Business Overview
11.11.3 TRACO Refurbished Medical Equipment Introduction
11.11.4 TRACO Revenue in Refurbished Medical Equipment Business (2019-2024)
11.11.5 TRACO Recent Developments
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