Global Refurbished Medical Equipment
Market Report
2025
Refurbished Medical Equipment Market is expected to reach at USD 25.78 billion by 2029, at a CAGR of 12.2% during the forecast period 2023-2030
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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Global Refurbished Medical Equipment Market is expected to reach at USD 25.78 billion by 2029, at a CAGR of 12.2% during the forecast period 2023-2030
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Refurbished Medical Equipment Market Sales Revenue 2030 | $ 26.79 Billion |
Global Refurbished Medical Equipment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.49% |
Market Split by Type |
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Market Split by Application |
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Market Split by End-User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Refurbished Medical Equipment industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Refurbished Medical Equipment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Refurbished medical equipment refers to previously used medical devices that have been restored to a like-new condition through repair, replacement of parts, and cleaning. These devices are then resold to healthcare facilities, clinics, and individual users at a lower cost than new equipment.
Summary:
The growing requirement for low-cost medical services by small-scale private hospitals and clinics the increasing prevalence of chronic diseases and the rising geriatric population are the major driving factors for the growth of the Refurbished Medical Equipment Market.
North America accounted for the largest market share in the Global Refurbished Medical Equipment Market.
The growing requirement for low-cost medical services by small-scale private hospitals and clinics is driving the growth of the refurbished medical equipment market. Refurbished medical equipment is sold at a lower cost than brand-new equipment and helps to curb expenses while practicing safe medicine. Thus, it offers reliability, at a lower cost, with stringent quality control, and these benefits associated with refurbished medical equipment drive the growth of the market. Furthermore, the increasing prevalence of chronic diseases and the rising geriatric population globally support market growth.
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News
February 2023
Victori Group, LLC acquired the assets of The Alternative Source Medical
Victori Group, a private equity investment group specializing in healthcare supply chain, liquidation channels, and operations acquired the assets of The Alternative Source Medical located in Vernon Hills, IL. Alternative Source Medical is a medical refurbishment company and this acquisition enhances the operations of the company.
Top Companies Market Share in Refurbished Medical Equipment Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America is a leading region of the Refurbished Medical Equipment Market.
North America holds the major market share in the Global Refurbished Medical Equipment Market owing to the increasing demand for low-cost medical equipment and the presence of a large number of players in this region. Further, a growing focus on lowering the carbon footprint by using refurbished medical equipment is expected to enhance the growth of the market. Moreover, Asia Pacific is anticipated to grow at the fastest rate during the forecast period of analysis.
The current report Scope analyzes Refurbished Medical Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Refurbished Medical Equipment Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Refurbished Medical Equipment Industry growth. Refurbished Medical Equipment market has been segmented with the help of its Type, Application End-User , and others. Refurbished Medical Equipment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Refurbished Medical Equipment market.
Type of Refurbished Medical Equipment analyzed in this report are as follows:
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Refurbished Medical Equipment from 2019 to 2031. This will also help to analyze the demand for Refurbished Medical Equipment across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Refurbished Medical Equipment are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Besides, the report covers a complete manufacturer’s analysis. Additionally, it provides sales channels, analysis findings, and results. The report covers a holistic analysis of external and internal factors affecting the growth of the market. It spots some new entrants within the market. The study thus, suggests a brand-new proposition to embellish the global Refurbished Medical Equipment Market and nurture business as it explains the current global market as well as the future market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Operating Room and Surgical Equipment, Monitoring Equipment, Medical Imaging Equipment, Neurology Equipment, Endoscopy Equipment, Other |
Application | Diagnostics, Therapeutic |
End-User | Hospitals, Diagnostic Centers, Clinics, Ambulatory surgical centers, Others |
List of Competitors | GE Healthcare, Siemens Healthcare, Victori Group, Philips Healthcare, Ultra Solutions, Agito Medical, Soma Technology, Block Imaging, Whittemore Enterprises, Radiology Oncology Systems, Integrity Medical Systems, TRACO |
This chapter will help you gain GLOBAL Market Analysis of Refurbished Medical Equipment. Further deep in this chapter, you will be able to review Global Refurbished Medical Equipment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Refurbished Medical Equipment. Further deep in this chapter, you will be able to review North America Refurbished Medical Equipment Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Refurbished Medical Equipment. Further deep in this chapter, you will be able to review Europe Refurbished Medical Equipment Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Refurbished Medical Equipment. Further deep in this chapter, you will be able to review Asia Pacific Refurbished Medical Equipment Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Refurbished Medical Equipment. Further deep in this chapter, you will be able to review South America Refurbished Medical Equipment Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Refurbished Medical Equipment. Further deep in this chapter, you will be able to review Middle East and Africa Refurbished Medical Equipment Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Refurbished Medical Equipment. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End-User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Refurbished Medical Equipment market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Operating Room and Surgical Equipment have a significant impact on Refurbished Medical Equipment market? |
What are the key factors affecting the Operating Room and Surgical Equipment and Monitoring Equipment of Refurbished Medical Equipment Market? |
What is the CAGR/Growth Rate of Diagnostics during the forecast period? |
By type, which segment accounted for largest share of the global Refurbished Medical Equipment Market? |
Which region is expected to dominate the global Refurbished Medical Equipment Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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