Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Refurbished Medical Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The global refurbished medical equipment market reached a value of US$ 10.8 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 12.3% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Refurbished medical equipment refers to devices that have been restored to a reusable condition without changing their original specifications. The process of refurbishment involves the uninstallation of an old machine and a thorough servicing of all parts, followed by disinfecting, cleaning, painting and replacement of damaged or old components. The device is then sold at a considerably lower price in comparison to a new machine. Owing to these benefits, refurbished equipment finds extensive applicability across hospitals, clinics and other healthcare institutions.

The increasing privatization of the healthcare sector, along with the growing requirement for low-cost medical services, is one of the key factors driving the market growth. Furthermore, factors such as the increasing prevalence of chronic diseases and rising geriatric population are also providing a boost to the market growth. Healthcare centers are increasingly opting for alternatives to procure inexpensive medical equipment to offer a wide variety of affordable treatment services to their patients without compromising on the quality. Additionally, the expanding population base suffering from critical ailments across the globe, such as cancer and cardiovascular diseases (CVDs) is also augmenting the market growth. Also, there is widespread adoption of refurbished equipment by private hospitals in the emerging nations owing to budget constraints. Moreover, the integration of devices with the Internet of Things (IoT) and extensive efforts by both government and non-governmental organizations (NGO) to make quality healthcare facilities accessible to all, are also projected to drive the market further.


Breakup by Product Type:

  • Medical Imaging Systems
    • Computed Tomography Systems
    • MRI Systems
    • X-ray, C-arm & Radiography Equipment
    • Ultrasound Systems
    • Mammography Equipment
    • Nuclear Medicine Devices
    • Others
  • Operating Equipment and Surgical Devices
    • Anesthesia Machines and Agent Monitors
    • Endoscopes and Microscopes
    • Vascular Closure Devices
    • Electrosurgical Units
    • Altherectomy Devices
    • Others
  • Others
    • Patient Monitoring Devices
    • Defibrillators
    • Coagulation Analyzers
    • Neurology Equipment
    • Endoscopy Equipment
    • Others
       

Breakup by Application:

  • Diagnostic Imaging Systems
  • Minimally Invasive Devices
  • Biotechnology Instruments
  • Others
     

Breakup by End-User:

  • Hospitals and Clinics
  • Diagnostic Centres
  • Ambulatory Surgical Centres
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being AGITO Medical, Block Imaging, Everx Pty Ltd, GE Healthcare, Integrity Medical Systems, Radiology Oncology Systems, Radmedical, Siemens Healthineers AG, Soma Technology Inc., etc.

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product Type, Application, End-User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered AGITO Medical, Block Imaging, Everx Pty Ltd, GE Healthcare, Integrity Medical Systems, Radiology Oncology Systems, Radmedical, Siemens Healthineers AG and Soma Technology Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option                                     Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global refurbished medical equipment market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global refurbished medical equipment market?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global refurbished medical equipment market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Refurbished Medical Equipment Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19 
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Medical Imaging Systems
        6.1.1 Market Trends
        6.1.2 Market Breakup by Type
            6.1.2.1 Computed Tomography Systems
            6.1.2.2 MRI Systems
            6.1.2.3 X-ray, C-arm & Radiography Equipment
            6.1.2.4 Ultrasound Systems
            6.1.2.5 Mammography Equipment
            6.1.2.6 Nuclear Medicine Devices
            6.1.2.7 Others
        6.1.3 Market Forecast
    6.2    Operating Equipment and Surgical Devices
        6.2.1 Market Trends
        6.2.2 Major Types
            6.2.2.1 Anesthesia Machines and Agent Monitors
            6.2.2.2 Endoscopes and Microscopes
            6.2.2.3 Vascular Closure Devices
            6.2.2.4 Electrosurgical Units
            6.2.2.5 Altherectomy Devices
            6.2.2.6 Others
        6.2.3 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Major Types
            6.3.2.1 Patient Monitoring Devices
            6.3.2.2 Defibrillators
            6.3.2.3 Coagulation Analyzers
            6.3.2.4 Neurology Equipment
            6.3.2.5 Endoscopy Equipment
            6.3.2.6 Others
        6.3.3 Market Forecast
7    Market Breakup by Application
    7.1    Diagnostic Imaging Systems
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Minimally Invasive Devices
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Biotechnology Instruments
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by End-User
    8.1    Hospitals and Clinics
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Diagnostic Centers
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Ambulatory Surgical Centres
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Indicators
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    AGITO Medical
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
           14.3.1.3 Financials
        14.3.2    Block Imaging
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio 
        14.3.3    Everx Pty Ltd.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
        14.3.4    GE Healthcare
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
        14.3.5    Integrity Medical Systems
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
        14.3.6    Radiology Oncology Systems
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
        14.3.7    Radmedical
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
        14.3.8    Siemens Healthineers AG
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
           14.3.8.3 Financials
        14.3.9    Soma Technology Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           
List of Figures

Figure 1: Global: Refurbished Medical Equipment Market: Major Drivers and Challenges
Figure 2: Global: Refurbished Medical Equipment Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Refurbished Medical Equipment Market: Breakup by Product Type (in %), 2020
Figure 4: Global: Refurbished Medical Equipment Market: Breakup by Application (in %), 2020
Figure 5: Global: Refurbished Medical Equipment Market: Breakup by End-User (in %), 2020
Figure 6: Global: Refurbished Medical Equipment Market: Breakup by Region (in %), 2020
Figure 7: Global: Refurbished Medical Equipment Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: Global: Refurbished Medical Equipment (Medical Imaging Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Refurbished Medical Equipment (Medical Imaging Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Refurbished Medical Equipment (Computed Tomography Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Refurbished Medical Equipment (Computed Tomography Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Refurbished Medical Equipment (MRI Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Refurbished Medical Equipment (MRI Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Refurbished Medical Equipment (X-ray, C-arm & Radiography Equipment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Refurbished Medical Equipment (X-ray, C-arm & Radiography Equipment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Refurbished Medical Equipment (Ultrasound Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Refurbished Medical Equipment (Ultrasound Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Refurbished Medical Equipment (Mammography Equipment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Refurbished Medical Equipment (Mammography Equipment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Refurbished Medical Equipment (Nuclear Medicine Device) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Refurbished Medical Equipment (Nuclear Medicine Device) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Refurbished Medical Equipment (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Refurbished Medical Equipment (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Refurbished Medical Equipment (Operating Equipment and Surgical Devices) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Refurbished Medical Equipment (Operating Equipment and Surgical Devices) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Refurbished Medical Equipment (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Refurbished Medical Equipment (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Refurbished Medical Equipment (Diagnostic Imaging Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Refurbished Medical Equipment (Diagnostic Imaging Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Refurbished Medical Equipment (Minimally Invasive Devices) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Refurbished Medical Equipment (Minimally Invasive Devices) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Refurbished Medical Equipment (Biotechnology Instruments) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Refurbished Medical Equipment (Biotechnology Instruments) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Refurbished Medical Equipment (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Refurbished Medical Equipment (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Refurbished Medical Equipment (Hospitals and Clinics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Refurbished Medical Equipment (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Global: Refurbished Medical Equipment (Diagnostic Centers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Global: Refurbished Medical Equipment (Diagnostic Centers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Global: Refurbished Medical Equipment (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Global: Refurbished Medical Equipment (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Global: Refurbished Medical Equipment (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Global: Refurbished Medical Equipment (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: North America: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: North America: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: United States: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: United States: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Canada: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Canada: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Asia Pacific: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Asia Pacific: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: China: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: China: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Japan: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Japan: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: India: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: India: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: South Korea: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: South Korea: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Australia: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Australia: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Indonesia: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Indonesia: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Others: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Others: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Europe: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Europe: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Germany: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Germany: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: France: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: France: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: United Kingdom: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: United Kingdom: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Italy: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Italy: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Spain: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Spain: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Russia: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Russia: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Others: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Others: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Latin America: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Latin America: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Brazil: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Brazil: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Mexico: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 87: Mexico: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 88: Others: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 89: Others: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 90: Middle East and Africa: Refurbished Medical Equipment Market: Sales Value (in Million US$), 2015 & 2020
Figure 91: Middle East and Africa: Refurbished Medical Equipment Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 92: Global: Refurbished Medical Equipment Industry: SWOT Analysis
Figure 93: Global: Refurbished Medical Equipment Industry: Value Chain Analysis
Figure 94: Global: Refurbished Medical Equipment Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Refurbished Medical Equipment Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Refurbished Medical Equipment Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Global: Refurbished Medical Equipment Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Refurbished Medical Equipment Market Forecast: Breakup by End-User (in Million US$), 2021-2026
Table 5: Global: Refurbished Medical Equipment Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Refurbished Medical Equipment Market: Competitive Structure
Table 7: Global: Refurbished Medical Equipment Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2299

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links