According to the latest report by IMARC Group, titled “Pre-Owned Medical Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global pre-owned medical devices market size reached US$ 6.3 Billion in 2022. Pre-owned medical devices are medical equipment or instruments that have been previously owned and utilized by healthcare facilities and medical professionals. They include diagnostic, therapeutic, monitoring, surgical, and imaging devices. They can be retired from a healthcare facility due to upgrades, requirements, and changes in technology.
Global Pre-Owned Medical Devices Market Trends:
The increasing requirement for remote patient monitoring (RPM) solutions to help healthcare providers in freeing up resources for treating critical and existing patients and providing more timely and efficient care represents one of the major factors driving the demand for pre-owned medical devices around the world. Moreover, the surging prevalence of lifestyle diseases and viral infections, and rising aging population, which is more susceptible to these ailments, is augmenting the market growth. In addition, the growing usage of pre-owned medical devices by academic institutions and research facilities for training, experimentation, and educational purposes, which allow students and researchers to gain experience is influencing the market positively. Apart from this, the increasing adoption of pre-owned medical devices in public and private hospitals or clinics in rural areas to make medical equipment more accessible to patients is propelling the growth of the market. Looking forward, the market value is projected to reach US$ 11.8 Billion by 2028, expanding at a CAGR of 10.75% during 2023-2028.
- Based on the source, the market has been segregated into X-ray, mammography machines, CT machines, MRI machines, ultrasound machines, nuclear imaging and medicine devices, and C-arm devices. CT machines currently account for the biggest share in the market.
- Based on the end user, hospitals dominate the market, followed by clinics.
- Region-wise, the market has been segmented into North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, North America enjoys the leading position in the market.
- The competitive landscape of the market has also been examined, with some of the key players being Advanced Ultrasound Systems, Block Imaging International Inc., Canon Medical Systems Corporation (Canon Inc.), EverX Pty Ltd, GE HealthCare Technologies Inc (General Electric Company), Integrity Medical Systems Inc., Koninklijke Philips N.V., Probo Medical LLC, Siemens Healthineers AG (Siemens AG), and Soma Tech Intl.
|Base Year of the Analysis
||X-ray, Mammography Machines, CT Machines, MRI Machines, Ultrasound Machines, Nuclear Imaging and Medicine Devices, C-arm Devices
|End Users Covered
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Advanced Ultrasound Systems, Block Imaging International Inc., Canon Medical Systems Corporation (Canon Inc.), EverX Pty Ltd, GE HealthCare Technologies Inc (General Electric Company), Integrity Medical Systems Inc., Koninklijke Philips N.V., Probo Medical LLC, Siemens Healthineers AG (Siemens AG), Soma Tech Intl, etc.
||10% Free Customization
|Report Price and Purchase Option
||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800