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.
The global market for Refurbished Medical Equipment was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
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 Scope
This report aims to provide a comprehensive presentation of the global market for Refurbished Medical Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Refurbished Medical Equipment.
The Refurbished Medical Equipment market size, estimations, and forecasts are provided in terms of and 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 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 Refurbished Medical Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
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
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
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.
Chapter 2: Revenue of Refurbished Medical Equipment in global and regional level.
Chapter 3: Detailed analysis of Refurbished Medical Equipment company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, revenue for each segment.
Chapter 9: Asia Pacific by Type, by Application and by region, revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Middle East and Africa, by Type, by Application and by country, revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion
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.
The global market for Refurbished Medical Equipment was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
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 Scope
This report aims to provide a comprehensive presentation of the global market for Refurbished Medical Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Refurbished Medical Equipment.
The Refurbished Medical Equipment market size, estimations, and forecasts are provided in terms of and 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 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 Refurbished Medical Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
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
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
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.
Chapter 2: Revenue of Refurbished Medical Equipment in global and regional level.
Chapter 3: Detailed analysis of Refurbished Medical Equipment company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, revenue for each segment.
Chapter 9: Asia Pacific by Type, by Application and by region, revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Middle East and Africa, by Type, by Application and by country, revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 14: Research Findings and Conclusion
Table of Contents
1 Study Coverage
1.1 Refurbished Medical Equipment Product Introduction
1.2 Market 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 Executive Summary
2.1 Global Refurbished Medical Equipment Market Size Estimates and Forecasts
2.2 Refurbished Medical Equipment Market Size by Region: 2023 Versus 2030
2.2.1 Global Refurbished Medical Equipment Revenue by Region: 2019-2024
2.2.2 Global Refurbished Medical Equipment Revenue Forecast by Region (2025-2030)
2.2.3 Global Refurbished Medical Equipment Revenue Market Share by Region (2019-2030)
3 Global Refurbished Medical Equipment by Company
3.1 Global Refurbished Medical Equipment Revenue by Company (2019-2024)
3.2 Global Refurbished Medical Equipment Revenue Share by Company (2019-2024)
3.3 Competitive Landscape
3.3.1 Key Refurbished Medical Equipment Companies around the World: Ranking by Revenue
3.3.2 Global Refurbished Medical Equipment Market Concentration Ratio (CR5 and HHI) & (2019-2024)
3.3.3 Global Refurbished Medical Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.4 Global Refurbished Medical Equipment Companies Headquarters & Product Type
3.4.1 Refurbished Medical Equipment Companies Headquarters
3.4.2 Global Refurbished Medical Equipment Companies Product & Service
3.4.3 Date of International Companies Enter into Refurbished Medical Equipment Market
3.5 Global Refurbished Medical Equipment Mergers & Acquisitions, Expansion Plans
4 Company Profiles
4.1 GE Healthcare
4.1.1 GE Healthcare Company Information
4.1.2 GE Healthcare Description, Business Overview
4.1.3 GE Healthcare Refurbished Medical Equipment Products Offered
4.1.4 GE Healthcare Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.1.5 GE Healthcare Refurbished Medical Equipment Revenue by Product in 2023
4.1.6 GE Healthcare Refurbished Medical Equipment Revenue by Application in 2023
4.1.7 GE Healthcare Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.1.8 GE Healthcare Recent Developments
4.2 Siemens Healthcare
4.2.1 Siemens Healthcare Company Information
4.2.2 Siemens Healthcare Description, Business Overview
4.2.3 Siemens Healthcare Refurbished Medical Equipment Products Offered
4.2.4 Siemens Healthcare Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.2.5 Siemens Healthcare Refurbished Medical Equipment Revenue by Product in 2023
4.2.6 Siemens Healthcare Refurbished Medical Equipment Revenue by Application in 2023
4.2.7 Siemens Healthcare Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.2.8 Siemens Healthcare Recent Developments
4.3 Philips Healthcare
4.3.1 Philips Healthcare Company Information
4.3.2 Philips Healthcare Description, Business Overview
4.3.3 Philips Healthcare Refurbished Medical Equipment Products Offered
4.3.4 Philips Healthcare Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.3.5 Philips Healthcare Refurbished Medical Equipment Revenue by Product in 2023
4.3.6 Philips Healthcare Refurbished Medical Equipment Revenue by Application in 2023
4.3.7 Philips Healthcare Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.3.8 Philips Healthcare Recent Developments
4.4 Ultra Solutions
4.4.1 Ultra Solutions Company Information
4.4.2 Ultra Solutions Description, Business Overview
4.4.3 Ultra Solutions Refurbished Medical Equipment Products Offered
4.4.4 Ultra Solutions Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.4.5 Ultra Solutions Refurbished Medical Equipment Revenue by Product in 2023
4.4.6 Ultra Solutions Refurbished Medical Equipment Revenue by Application in 2023
4.4.7 Ultra Solutions Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.4.8 Ultra Solutions Recent Developments
4.5 Agito Medical
4.5.1 Agito Medical Company Information
4.5.2 Agito Medical Description, Business Overview
4.5.3 Agito Medical Refurbished Medical Equipment Products Offered
4.5.4 Agito Medical Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.5.5 Agito Medical Refurbished Medical Equipment Revenue by Product in 2023
4.5.6 Agito Medical Refurbished Medical Equipment Revenue by Application in 2023
4.5.7 Agito Medical Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.5.8 Agito Medical Recent Developments
4.6 Soma Technology
4.6.1 Soma Technology Company Information
4.6.2 Soma Technology Description, Business Overview
4.6.3 Soma Technology Refurbished Medical Equipment Products Offered
4.6.4 Soma Technology Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.6.5 Soma Technology Refurbished Medical Equipment Revenue by Product in 2023
4.6.6 Soma Technology Refurbished Medical Equipment Revenue by Application in 2023
4.6.7 Soma Technology Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.6.8 Soma Technology Recent Development
4.7 Block Imaging
4.7.1 Block Imaging Company Information
4.7.2 Block Imaging Description, Business Overview
4.7.3 Block Imaging Refurbished Medical Equipment Products Offered
4.7.4 Block Imaging Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.7.5 Block Imaging Refurbished Medical Equipment Revenue by Product in 2023
4.7.6 Block Imaging Refurbished Medical Equipment Revenue by Application in 2023
4.7.7 Block Imaging Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.7.8 Block Imaging Recent Development
4.8 Whittemore Enterprises
4.8.1 Whittemore Enterprises Company Information
4.8.2 Whittemore Enterprises Description, Business Overview
4.8.3 Whittemore Enterprises Refurbished Medical Equipment Products Offered
4.8.4 Whittemore Enterprises Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.8.5 Whittemore Enterprises Refurbished Medical Equipment Revenue by Product in 2023
4.8.6 Whittemore Enterprises Refurbished Medical Equipment Revenue by Application in 2023
4.8.7 Whittemore Enterprises Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.8.8 Whittemore Enterprises Recent Development
4.9 Radiology Oncology Systems
4.9.1 Radiology Oncology Systems Company Information
4.9.2 Radiology Oncology Systems Description, Business Overview
4.9.3 Radiology Oncology Systems Refurbished Medical Equipment Products Offered
4.9.4 Radiology Oncology Systems Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.9.5 Radiology Oncology Systems Refurbished Medical Equipment Revenue by Product in 2023
4.9.6 Radiology Oncology Systems Refurbished Medical Equipment Revenue by Application in 2023
4.9.7 Radiology Oncology Systems Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.9.8 Radiology Oncology Systems Recent Development
4.10 Integrity Medical Systems
4.10.1 Integrity Medical Systems Company Information
4.10.2 Integrity Medical Systems Description, Business Overview
4.10.3 Integrity Medical Systems Refurbished Medical Equipment Products Offered
4.10.4 Integrity Medical Systems Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.10.5 Integrity Medical Systems Refurbished Medical Equipment Revenue by Product in 2023
4.10.6 Integrity Medical Systems Refurbished Medical Equipment Revenue by Application in 2023
4.10.7 Integrity Medical Systems Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.10.8 Integrity Medical Systems Recent Development
4.11 TRACO
4.11.1 TRACO Company Information
4.11.2 TRACO Description, Business Overview
4.11.3 TRACO Refurbished Medical Equipment Products Offered
4.11.4 TRACO Refurbished Medical Equipment Revenue and Gross Margin (2019-2024)
4.11.5 TRACO Refurbished Medical Equipment Revenue by Product in 2023
4.11.6 TRACO Refurbished Medical Equipment Revenue by Application in 2023
4.11.7 TRACO Refurbished Medical Equipment Revenue by Geographic Area in 2023
4.11.8 TRACO Recent Development
5 Breakdown Data by Type
5.1 Global Refurbished Medical Equipment Revenue by Type (2019-2024)
5.2 Global Refurbished Medical Equipment Revenue Forecast by Type (2025-2030)
5.3 Refurbished Medical Equipment Revenue Market Share by Type (2019-2030)
6 Breakdown Data by Application
6.1 Global Refurbished Medical Equipment Revenue by Application (2019-2024)
6.2 Global Refurbished Medical Equipment Revenue Forecast by Application (2025-2030)
6.3 Refurbished Medical Equipment Revenue Market Share by Application (2019-2030)
7 North America
7.1 North America Refurbished Medical Equipment Market Size YoY Growth 2019-2030
7.2 North America Refurbished Medical Equipment Market Facts & Figures by Country (2019-2030)
7.3 North America Refurbished Medical Equipment Revenue by Type (2019-2024)
7.4 North America Refurbished Medical Equipment Revenue by Application (2019-2024)
8 Asia-Pacific
8.1 Asia-Pacific Refurbished Medical Equipment Market Size YoY Growth 2019-2030
8.2 Asia-Pacific Refurbished Medical Equipment Market Facts & Figures by Region (2019-2030)
8.3 Asia-Pacific Refurbished Medical Equipment Revenue by Type (2019-2024)
8.4 Asia-Pacific Refurbished Medical Equipment Revenue by Application (2019-2024)
9 Europe
9.1 Europe Refurbished Medical Equipment Market Size YoY Growth 2019-2030
9.2 Europe Refurbished Medical Equipment Market Facts & Figures by Country (2019-2030)
9.3 Europe Refurbished Medical Equipment Revenue by Type (2019-2024)
9.4 Europe Refurbished Medical Equipment Revenue by Application (2019-2024)
10 Latin America
10.1 Latin America Refurbished Medical Equipment Market Size YoY Growth 2019-2030
10.2 Latin America Refurbished Medical Equipment Market Facts & Figures by Country (2019-2030)
10.3 Latin America Refurbished Medical Equipment Revenue by Type (2019-2024)
10.4 Latin America Refurbished Medical Equipment Revenue by Application (2019-2024)
11 Middle East and Africa
11.1 Middle East and Africa Refurbished Medical Equipment Market Size YoY Growth 2019-2030
11.2 Middle East and Africa Refurbished Medical Equipment Market Facts & Figures by Country (2019-2030)
11.3 Middle East and Africa Refurbished Medical Equipment Revenue by Type (2019-2024)
11.4 Middle East and Africa Refurbished Medical Equipment Revenue by Application (2019-2024)
12 Supply Chain and Sales Channel Analysis
12.1 Refurbished Medical Equipment Supply Chain Analysis
12.2 Refurbished Medical Equipment Key Raw Materials and Upstream Suppliers
12.3 Refurbished Medical Equipment Clients Analysis
12.4 Refurbished Medical Equipment Sales Channel and Sales Model Analysis
12.4.1 Refurbished Medical Equipment Distribution Channel Analysis: Indirect Sales VS Direct Sales
12.4.2 Refurbished Medical Equipment Distribution Channel Analysis: Online Sales VS Offline Sales
12.4.3 Refurbished Medical Equipment Distributors
13 Market Dynamics
13.1 Refurbished Medical Equipment Industry Trends
13.2 Refurbished Medical Equipment Market Drivers
13.3 Refurbished Medical Equipment Market Challenges
13.4 Refurbished Medical Equipment Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer