Used and Refurbished Medical Devices Market

Refurbished Medical Equipment is 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

Used and Refurbished Medical Devices Market aims to provide a comprehensive presentation of the global market for Used and Refurbished Medical Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Used and Refurbished Medical Devices. Used and Refurbished Medical Devices Market contains market size and forecasts of Used and Refurbished Medical Devices in global, including the following market information:

Global Used and Refurbished Medical Devices Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Used and Refurbished Medical Devices Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Used and Refurbished Medical Devices companies in 2022 (%)

The global Used and Refurbished Medical Devices market was valued at US$ 8717 million in 2022 and is projected to reach US$ 12400 million by 2029, at a CAGR of 5.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

In the last several years, global market of Used and Refurbished Medical Equipment developed rapidly, with an average growth rate of 8% during 2015 to 2019. Emerging markets including India offer high growth potential for companies engaged in the development and distribution of refurbished medical devices. North America is the largest consumption place, with a consumption market share nearly 48.3% in 2019. Market competition is intense.

We surveyed the Used and Refurbished Medical Devices manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Used and Refurbished Medical Devices Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Used and Refurbished Medical Devices Market Segment Percentages, by Type, 2022 (%)

Medical Imaging Devices

Operating Room and Surgical Devices

Patient Monitors

Cardiovascular and Cardiology Devices

Neurology Devices

Others

Global Used and Refurbished Medical Devices Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Used and Refurbished Medical Devices Market Segment Percentages, by Application, 2022 (%)

Hospitals and Clinic

Nursing Homes

Other

Global Used and Refurbished Medical Devices Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Used and Refurbished Medical Devices Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Used and Refurbished Medical Devices revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Used and Refurbished Medical Devices revenues share in global market, 2022 (%)

Key companies Used and Refurbished Medical Devices sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Used and Refurbished Medical Devices sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

GE Healthcare

Philips Healthcare

Siemens Healthineers

Hitachi

Canon Medical

Block Imaging International

Avante Medical Surgical

Soma Technology

Integrity Medical Systems

Everx Pvt Ltd

Radiology Oncology Systems

Outline of Major Chapters:

Chapter 1: Introduces the definition of Used and Refurbished Medical Devices, market overview.

Chapter 2: Global Used and Refurbished Medical Devices market size in revenue and volume.

Chapter 3: Detailed analysis of Used and Refurbished Medical Devices manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Used and Refurbished Medical Devices in regional level and country 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 of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Used and Refurbished Medical Devices capacity by region & country.

Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.