Refurbished Medical Equipment Market is Likely to Upsurge at USD 21.4 Billion Globally by 2030, Size, Share, Trends, and Opportunity Analysis

Recent study report released by Data Bridge Market research titled “Refurbished Medical Equipment Market” (covering USA, Europe, China, Japan, India, South East Asia, etc) highlights opportunities, risk analysis, and leveraged with strategic and tactical decision-making support. This research report presents key insights on the Global Refurbished Medical Equipment Market along with the latest and updated industry details.

Data Bridge Market Research analyzes that the global refurbished medical equipment market which was USD  10.8 billion in 2022, is expected to reach USD 21.4 billion by 2030, and is expected to undergo a CAGR of 12.4% during the forecast period 2023 to 2030.

“Medical Imaging Equipment” dominates the product segment of the global refurbished medical equipment market owing to the surge in the number of people suffering from chronic obstructive pulmonary disease. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Refurbished medical equipment are the medical devices that are free from any kind of defects as these are restored to their original working condition. Refurbishment is a process of checking the effectiveness, quality and safety of the medical devices before re-using the equipment.

Growth in the public and private investments to strengthen the healthcare industry especially in the developing countries will foster the growth of global refurbished medical device market. Rising prevalence of chronic diseases will further propel growth in the demand for refurbished medical devices. Growing demand for low cost medical devices and ever-rising geriatric population will further create lucrative market growth opportunities.

Some of the major players operating in the global refurbished medical equipment market are:

  • Johnson & Johnson Services, Inc. (US)
  • GENERAL ELECTRIC COMPANY (US)
  • Koninklijke Philips N.V. (Netherland)
  • CANON MEDICAL SYSTEMS CORPORATION (Japan)
  • Siemens Healthcare Private Limited (Germany)
  • Block Imaging (US)

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Global Refurbished Medical Equipment Market Scope

The global refurbished medical equipment market is segmented on the basis of product, application and end users. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Medical imaging equipment
  • X-ray machines
  • Ultrasound systems
  • Mri machines
  • Ct scanners
  • Nuclear imaging systems
  • Other medical imaging equipment
  • Operating room and surgical equipment
  • Anaesthesia machines
  • Operating room tables and lights
  • Surgical displays
  • Electrosurgical units
  • Other operating room and surgical equipment
  • Patient monitors
  • Multi-parameter monitors
  • Electrocardiography devices
  • Pulse oximeters
  • Mobile cardiac telemetry devices
  • Non-invasive blood pressure monitors
  • Foetal monitors
  • Other patient monitors
  • Cardiology equipment
  • Heart-lung machines
  • Defibrillators
  • Other cardiology equipment
  • Urology equipment
  • Dialysis machines
  • Lithotripsy devices
  • Neurology equipment
  • Eeg machines​​​​​​​
  • Emg machines
  • Intensive care equipment
  • Ventilators
  • Infant incubators and warmers
  • Endoscopy equipment
  • Others

Application

  • Diagnostic
  • Cardiology
  • Urology
  • Neurology
  • Orthopaedics
  • Physiology
  • Emergency Medicine
  • Oncology, Obstetrics/Gynaecology (ob/gyn)
  • Other Diagnostic Applications
  • Therapeutic

End Users

  • Hospitals
  • Diagnostic Centres
  • Clinics
  • Others

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Refurbished Medical Equipment Market Landscape

Part 04: Global Refurbished Medical Equipment Market Sizing

Part 05: Global Refurbished Medical Equipment Market by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Reasons to Buy:

  • Review the scope of the Refurbished Medical Equipment Market with recent trends and SWOT analysis.
  • Outline of market dynamics coupled with market growth effects in coming years.
  • Refurbished Medical Equipment Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
  • Regional and country level analysis combining Refurbished Medical Equipment Market and supply forces that are affecting the growth of the market.
  • Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
  • and strategies adopted by the players in the last five years.

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