Refurbished Medical Equipment Market Industry Size, Competition, Trends and Growth Opportunities by Region 2021-2028

The global Refurbished Medical Equipment market is segregated on the basis of Product as Neurology Equipment, Neonatal Intensive-Care Equipment, Intensive Care Systems, Endoscopy Equipment, Intravenous Therapy Systems, Medical Imaging Equipment, Operating Room & Surgical Equipment, Patient Monitors, Cardiovascular & Cardiology Equipment, and Defibrillators.

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Market Research Engine has published a new report titled as “Refurbished Medical Equipment Market Size By Product (Operating Room Equipment & Surgical Equipment, Patient Monitors, Defibrillators, Medical Imaging Equipment, Cardiovascular & Cardiology Equipment X-ray Machines, Neurology Equipment, Endoscopy Equipment, Intensive Care Units, Neonatal Intensive Care Units, IV Therapy Systems), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2020-2025.”

Refurbished medical equipment is defined as a restored medical device rebuilt to a condition that’s like the new equipment. Refurbishment contains reconditioning, repair, installation of certain software/hardware updates without changing the intended use of the first device, and replacement of worn parts. Technology in terms of software, hardware etc is changing at a faster pace, which shortens the interval between the acquisition of superior systems and wiped out of preoccupied devices. In addition, the factors like an increasing number of personal hospitals which purchase refurbished devices due to budget constraints, unfavourable reimbursement scenarios for various medical treatments, and increasing initiatives taken by the leading medical device manufacturers to determine refurbished facilities in developed and developing countries have fuelled the demand for refurbished equipment. Nevertheless, reluctance to get refurbished medical devices due to the shortage of awareness about the advantages of those devices and lack of standardization of policies associated with the sale and use of refurbished medical devices hamper the market growth.

The global Refurbished Medical Equipment market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Refurbished Medical Equipment market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

GE Healthcare, Philips Healthcare, Siemens Healthineers, Agito Medical A/S, Block Imaging International, Inc., DRE Medical, Inc., Radiology Oncology Systems, Inc, Soma Technology, Inc., Everx Pvt Ltd., Integrity Medical Systems, Inc, and others are among the major players in the global Refurbished Medical Equipment market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Refurbished Medical Equipment Market has been segmented as below:

Refurbished Medical Equipment Market, By Product

  • Operating Room Equipment & Surgical Equipment
  • Anesthesia Machines
  • Agent and CO2 Monitors
  • Microscopes
  • Electrosurgical Units
  • Others
  • Patient Monitors
  • Pulse Oximeters
  • Multiparameter Monitors
  • Noninvasive Blood Pressure Monitors
  • Electrocardiography Devices (ECG)
  • Defibrillators
  • AED Defibrillators
  • Other Defibrillators
  • Medical Imaging Equipment
  • X-ray Machines
  • Ultrasound Systems
  • MRI Machines
  • CT Scanners
  • Nuclear Medicine Systems (PET, SPECT, and PET/CT)
  • Others
  • Cardiovascular & Cardiology Equipment X-ray Machines
  • Heart-Lung Machines
  • Coagulation Analyzers
  • Others
  • Neurology Equipment
  • EEG Machines
  • EMG Machines
  • Endoscopy Equipment
  • Intensive Care Units
  • Hardwire Systems
  • Telemetry Systems
  • Neonatal Intensive Care Units
  • Monitors
  • Incubators
  • IV Therapy Systems


Refurbished Medical Equipment Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Refurbished Medical Equipment Market, By Company

  • GE Healthcare
  • Philips Healthcare
  • Siemens Healthineers
  • Agito Medical A/S
  • Block Imaging International, Inc.
  • DRE Medical, Inc.
  • Radiology Oncology Systems, Inc
  • Soma Technology, Inc.
  • Everx Pvt Ltd.
  • Integrity Medical Systems, Inc
  • General Electric Company
  • Siemens AG

The report covers:

  • Global Refurbished Medical Equipment market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global Refurbished Medical Equipment market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Refurbished Medical Equipment market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global Refurbished Medical Equipment market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Refurbished Medical Equipment market share. Major industry players with significant revenue share include GE Healthcare, Philips Healthcare, Siemens Healthineers, Agito Medical A/S, Block Imaging International, Inc., DRE Medical, Inc., Radiology Oncology Systems, Inc, Soma Technology, Inc., Everx Pvt Ltd., Integrity Medical Systems, Inc, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Refurbished Medical Equipment industry trends
  • Find complete analysis on the market status
  • Identify the Refurbished Medical Equipment market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Some of the recent Developments in Refurbished Medical Equipment market are as follows:

GE Healthcare

  • June 09, 2017- Refurbished Parts for GE Diagnostic Imaging Equipment Now Available from GE Healthcare

Radiology Oncology Systems, Inc

  • June 12, 2020 – Radiology Oncology Systems of San Diego declared that is has signed a contract with Digenite Business Solutions of Seattle, to deliver software support for medical linear accelerator systems used to treat cancer patients.


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Table of Contents:

  1. Introduction
    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
    2. Research Methodology
    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
    2.4.1 Secondary Research
    2.4.2 Primary Research
    2.4.3 Models for Estimation
    2.5 Market Size Estimation
    2.5.1 Bottom-Up Approach – Segmental Market Analysis
    2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
    4.1 Introduction
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
    5. Refurbished Medical Equipment Market, By Product
    5.1 Introduction
    5.2 Operating Room Equipment & Surgical Equipment
    5.2.1 Market Overview
    5.2.2 Market Size and Forecast
    5.3 Patient Monitors
    5.3.1 Market Overview
    5.3.2 Market Size and Forecast
    5.4 Defibrillators
    5.4.1 Market Overview
    5.4.2 Market Size and Forecast
    5.5 Medical Imaging Equipment
    5.5.1 Market Overview
    5.5.2 Market Size and Forecast
    5.6 Cardiovascular & Cardiology Equipment X-ray Machines
    5.6.1 Market Overview
    5.6.2 Market Size and Forecast
    5.7 Neurology Equipment
    5.7.1 Market Overview
    5.7.2 Market Size and Forecast
    5.8 Endoscopy Equipment
    5.8.1 Market Overview
    5.8.2 Market Size and Forecast
    5.9 Intensive Care Units
    5.9.1 Market Overview
    5.9.2 Market Size and Forecast
    5.10 Neonatal Intensive Care Units
    5.10.1 Market Overview
    5.10.2 Market Size and Forecast
    5.11 IV Therapy Systems
    5.11.1 Market Overview
    5.11.2 Market Size and Forecast
    6. Refurbished Medical Equipment Market, By Geography
    6.1 Introduction
    6.2 North America
    6.2.1 North America Refurbished Medical Equipment, By Product
    6.3 Europe
    6.3.1 Europe Refurbished Medical Equipment, By Product
    6.4 Asia-Pacific
    6.4.1 Asia-Pacific Refurbished Medical Equipment, By Product
    6.5 Rest of the World
    6.5.1 Rest of the World Refurbished Medical Equipment, By Product
    7. Competitive Insights
    7.1 Key Insights
    7.2 Company Market Share Analysis
    7.3 Strategic Outlook
    7.3.1 Mergers & Acquisitions
    7.3.2 New Product Development
    7.3.3 Portfolio/Production Capacity Expansions
    7.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
    7.3.5 Others
    8. Company Profiles
    (Overview, Key Financials, Recent Developments, Product and Service Offering)
    8.1    GE Healthcare
    8.2    Philips Healthcare
    8.3    Siemens Healthineers
    8.4    Agito Medical A/S
    8.5    Block Imaging International, Inc.
    8.6    DRE Medical, Inc.
    8.7    Radiology Oncology Systems, Inc
    8.8    Soma Technology, Inc.
    8.9    Everx Pvt Ltd.
    8.10    Integrity Medical Systems, Inc
    8.11    General Electric Company
    8.12    Siemens AG


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