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1. What is the projected Compound Annual Growth Rate (CAGR) of the Refurbished Medical Imaging Devices Market?
The projected CAGR is approximately 7.5%.
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Refurbished Medical Imaging Devices Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities
Refurbished Medical Imaging Devices Market by Product (X-ray machines, Magnetic resonance imaging (MRI) systems, Ultrasound systems, Computed tomography scanners, Nuclear imaging systems, Other products), by End-use (Hospitals, Diagnostic imaging centers, Other end-users), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain, Rest of Europe), by Asia Pacific (China, Japan, India, Australia, South Korea, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Argentina, Rest of Latin America), by Middle East and Africa (Saudi Arabia, South Africa, UAE, Rest of Middle East and Africa) Forecast 2025-2033
Refurbished Medical Imaging Devices Market 2025-2033 Overview: Trends, Competitor Dynamics, and Opportunities
Key Insights
The refurbished medical imaging devices market is experiencing robust growth, driven by increasing demand for cost-effective healthcare solutions and a rising global prevalence of chronic diseases necessitating frequent imaging procedures. A compound annual growth rate (CAGR) of 7.5% from 2019 to 2024 suggests a market size exceeding $5 billion in 2025. This growth is fueled by the affordability of refurbished equipment compared to new systems, making advanced imaging technology accessible to smaller hospitals, clinics, and diagnostic centers, particularly in developing economies. Technological advancements allowing for the refurbishment of older models to meet contemporary standards also contribute significantly. The market segmentation reveals strong demand across various imaging modalities, including X-ray machines, MRI systems, ultrasound systems, and CT scanners. Hospitals and diagnostic imaging centers comprise the largest end-user segments, while the increasing adoption of telemedicine and remote diagnostic services is expected to further expand the market's reach. Geographical distribution indicates strong growth potential in the Asia-Pacific region due to increasing healthcare infrastructure development and rising disposable incomes. While challenges exist, such as concerns about equipment reliability and potential regulatory hurdles, the overall market outlook remains positive, driven by the compelling economic advantages and expanding accessibility of refurbished medical imaging technology.
The market is expected to maintain its growth trajectory throughout the forecast period (2025-2033), influenced by continuous technological enhancements in refurbishment processes and the ongoing need for cost-effective healthcare solutions globally. North America and Europe currently hold a significant market share, but the rapid expansion of healthcare infrastructure in emerging markets, like those in Asia-Pacific and Latin America, presents lucrative growth opportunities for refurbished medical imaging devices. Key players in the market are focused on providing high-quality refurbished equipment with comprehensive service and support packages to address concerns around reliability. Strategic partnerships, acquisitions, and advancements in refurbishment technology will shape the competitive landscape. The market's future success will depend on addressing concerns regarding quality control, establishing robust regulatory frameworks for refurbished devices, and promoting consumer confidence in their safety and efficacy.
Refurbished Medical Imaging Devices Market Concentration & Characteristics
The refurbished medical imaging devices market is moderately concentrated, with a few large players like GE Healthcare, Siemens Healthineers, and Philips holding significant market share. However, numerous smaller companies and specialized vendors also contribute substantially. Innovation in this market focuses on extending the lifespan of existing equipment through advanced refurbishment techniques, including component upgrades and software enhancements. This contrasts with the new equipment market, where innovation centers on technological leaps.
Concentration Areas: North America and Europe currently hold the largest market share, driven by higher healthcare spending and a robust existing installed base of imaging equipment. Asia Pacific is a rapidly growing region.
Characteristics:
- Innovation: Primarily focused on extending the lifespan and functionality of existing equipment.
- Impact of Regulations: Stringent regulatory compliance (e.g., FDA, CE marking) significantly impacts market entry and operational procedures. Compliance costs can represent a considerable portion of the overall refurbishment process.
- Product Substitutes: New equipment represents the primary substitute, though the cost differential significantly favors refurbished units for budget-conscious buyers.
- End-User Concentration: Hospitals constitute the largest segment of end-users, followed by diagnostic imaging centers.
- Level of M&A: The market is witnessing increased mergers and acquisitions activity, reflecting consolidation and a move towards comprehensive service offerings (as exemplified by the Siemens Healthineers/CommonSpirit Health/Block Imaging acquisition).
Refurbished Medical Imaging Devices Market Trends
The refurbished medical imaging devices market is experiencing robust growth, fueled by several key trends. Budget constraints within healthcare systems, particularly in developing nations, are driving demand for cost-effective alternatives to new equipment. The increasing focus on sustainability and responsible waste management also contributes positively to market expansion. Advancements in refurbishment technologies are improving the quality and reliability of refurbished devices, further boosting consumer confidence. Furthermore, the rise of telehealth and remote patient monitoring necessitates efficient and accessible imaging solutions, which refurbished equipment effectively addresses. The trend toward value-based care incentivizes healthcare providers to optimize their spending, leading to a greater preference for cost-effective solutions like refurbished equipment. The ongoing expansion of healthcare infrastructure, especially in emerging economies, represents another significant growth driver. Finally, the growing awareness of the environmental impact of electronic waste is pushing healthcare providers to embrace sustainable practices, including the utilization of refurbished medical equipment. The market is estimated to surpass $5 billion by 2028.
Key Region or Country & Segment to Dominate the Market
The North American market is expected to dominate the refurbished medical imaging devices market due to the high density of healthcare facilities, significant installed base of imaging equipment, and robust regulatory frameworks. Within the product segments, Ultrasound systems are likely to continue their strong performance due to their relative affordability, portability and adaptability to various applications.
Dominant Region: North America (specifically the U.S.)
Dominant Segment (Product): Ultrasound systems
Reasons for Dominance:
- High Adoption Rate: Ultrasound is widely adopted across various healthcare settings due to its versatility and non-invasive nature.
- Cost-Effectiveness: Refurbished ultrasound systems offer substantial cost savings compared to their new counterparts.
- Technological Advancements: Continuous improvements in ultrasound technology lead to refurbished systems offering reasonably up-to-date functionality.
- Easier Maintenance: Compared to MRI or CT, ultrasound equipment is generally easier to maintain and repair, making refurbishment more cost-effective.
- Wide Range of Applications: Ultrasound systems are used in various medical specialties, expanding the potential customer base for refurbished units.
Refurbished Medical Imaging Devices Market Product Insights Report Coverage & Deliverables
This report provides a comprehensive analysis of the refurbished medical imaging devices market, including detailed market sizing, segmentation by product type (X-ray, MRI, CT, Ultrasound, Nuclear Imaging, and others), end-user analysis (hospitals, diagnostic centers, etc.), regional market insights, competitive landscape analysis, and future market projections. The report also includes an in-depth assessment of key market trends, driving factors, challenges, and emerging opportunities. Deliverables include detailed market data, competitive profiles, and actionable insights to support strategic decision-making.
Refurbished Medical Imaging Devices Market Analysis
The global refurbished medical imaging devices market is experiencing significant growth, projected to reach approximately $4.5 billion by 2027. This growth is driven by increasing demand for cost-effective healthcare solutions and a rising focus on sustainable practices within the healthcare industry. The market is fragmented, with several large players competing alongside numerous smaller specialized vendors. Market share distribution reflects a blend of established multinational corporations and smaller niche players catering to specific equipment types or geographical regions. Growth is expected to remain strong over the forecast period, driven by sustained healthcare spending, technological advancements in refurbishment, and an increasing emphasis on the responsible disposal and reuse of medical devices.
Refurbished Medical Imaging Devices Market Regional Insights
- North America:
- U.S.
- Canada
- Europe:
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific:
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa:
- Saudi Arabia
- South Africa
- UAE
- Rest of Middle East and Africa
Driving Forces: What's Propelling the Refurbished Medical Imaging Devices Market
The market is propelled by cost savings for healthcare providers, growing environmental concerns regarding e-waste, increasing demand in developing economies where new equipment is unaffordable, technological advancements improving the quality and reliability of refurbished devices, and a growing focus on sustainability in healthcare.
Challenges and Restraints in Refurbished Medical Imaging Devices Market
Challenges include ensuring the quality and reliability of refurbished devices, complying with stringent regulatory requirements, managing warranty and service expectations, and maintaining a consistent supply chain. Concerns about the longevity and performance of refurbished equipment also represent a restraint.
Emerging Trends in Refurbished Medical Imaging Devices Market
Emerging trends include the rise of certified refurbishment programs, increasing adoption of predictive maintenance technologies, expansion of service contracts and extended warranties for refurbished equipment, and growing integration with telehealth platforms.
Refurbished Medical Imaging Devices Industry News
- May 2023: Siemens Healthineers and CommonSpirit Health acquired Block Imaging.
Leading Players in the Refurbished Medical Imaging Devices Market
- Atlantis Worldwide
- Avante Health Solutions
- Canon Medical Systems Corporation
- Carestream Health
- EverX Pty Ltd
- FUJIFILM Healthcare Corporation
- GE Healthcare
- Hitachi, Ltd
- Hologic, Inc.
- Koninklijke Philips N.V.
- Siemens Healthineers AG
Refurbished Medical Imaging Devices Market Segmentation
-
1. Product
- 1.1. X-ray machines
- 1.2. Magnetic resonance imaging (MRI) systems
- 1.3. Ultrasound systems
- 1.4. Computed tomography scanners
- 1.5. Nuclear imaging systems
- 1.6. Other products
-
2. End-use
- 2.1. Hospitals
- 2.2. Diagnostic imaging centers
- 2.3. Other end-users
Refurbished Medical Imaging Devices Market Segmentation By Geography
-
1. North America
- 1.1. U.S.
- 1.2. Canada
-
2. Europe
- 2.1. Germany
- 2.2. UK
- 2.3. France
- 2.4. Italy
- 2.5. Spain
- 2.6. Rest of Europe
-
3. Asia Pacific
- 3.1. China
- 3.2. Japan
- 3.3. India
- 3.4. Australia
- 3.5. South Korea
- 3.6. Rest of Asia Pacific
-
4. Latin America
- 4.1. Brazil
- 4.2. Mexico
- 4.3. Argentina
- 4.4. Rest of Latin America
-
5. Middle East and Africa
- 5.1. Saudi Arabia
- 5.2. South Africa
- 5.3. UAE
- 5.4. Rest of Middle East and Africa
Refurbished Medical Imaging Devices Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 7.5% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1 High cost of new medical imaging devices
- 3.2.2 Growing use of eco-friendly products to minimize e-waste and promote sustainability
- 3.2.3 Increase in number of diagnostic imaging procedures
- 3.2.4 Rapid advancements in medical imaging technology
- 3.3. Market Restrains
- 3.3.1 Limited availability
- 3.3.2 reduced warranty
- 3.3.3 and potential technical issues
- 3.4. Market Trends
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Refurbished Medical Imaging Devices Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Product
- 5.1.1. X-ray machines
- 5.1.2. Magnetic resonance imaging (MRI) systems
- 5.1.3. Ultrasound systems
- 5.1.4. Computed tomography scanners
- 5.1.5. Nuclear imaging systems
- 5.1.6. Other products
- 5.2. Market Analysis, Insights and Forecast - by End-use
- 5.2.1. Hospitals
- 5.2.2. Diagnostic imaging centers
- 5.2.3. Other end-users
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Latin America
- 5.3.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Product
- 6. North America Refurbished Medical Imaging Devices Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Product
- 6.1.1. X-ray machines
- 6.1.2. Magnetic resonance imaging (MRI) systems
- 6.1.3. Ultrasound systems
- 6.1.4. Computed tomography scanners
- 6.1.5. Nuclear imaging systems
- 6.1.6. Other products
- 6.2. Market Analysis, Insights and Forecast - by End-use
- 6.2.1. Hospitals
- 6.2.2. Diagnostic imaging centers
- 6.2.3. Other end-users
- 6.1. Market Analysis, Insights and Forecast - by Product
- 7. Europe Refurbished Medical Imaging Devices Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Product
- 7.1.1. X-ray machines
- 7.1.2. Magnetic resonance imaging (MRI) systems
- 7.1.3. Ultrasound systems
- 7.1.4. Computed tomography scanners
- 7.1.5. Nuclear imaging systems
- 7.1.6. Other products
- 7.2. Market Analysis, Insights and Forecast - by End-use
- 7.2.1. Hospitals
- 7.2.2. Diagnostic imaging centers
- 7.2.3. Other end-users
- 7.1. Market Analysis, Insights and Forecast - by Product
- 8. Asia Pacific Refurbished Medical Imaging Devices Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Product
- 8.1.1. X-ray machines
- 8.1.2. Magnetic resonance imaging (MRI) systems
- 8.1.3. Ultrasound systems
- 8.1.4. Computed tomography scanners
- 8.1.5. Nuclear imaging systems
- 8.1.6. Other products
- 8.2. Market Analysis, Insights and Forecast - by End-use
- 8.2.1. Hospitals
- 8.2.2. Diagnostic imaging centers
- 8.2.3. Other end-users
- 8.1. Market Analysis, Insights and Forecast - by Product
- 9. Latin America Refurbished Medical Imaging Devices Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Product
- 9.1.1. X-ray machines
- 9.1.2. Magnetic resonance imaging (MRI) systems
- 9.1.3. Ultrasound systems
- 9.1.4. Computed tomography scanners
- 9.1.5. Nuclear imaging systems
- 9.1.6. Other products
- 9.2. Market Analysis, Insights and Forecast - by End-use
- 9.2.1. Hospitals
- 9.2.2. Diagnostic imaging centers
- 9.2.3. Other end-users
- 9.1. Market Analysis, Insights and Forecast - by Product
- 10. Middle East and Africa Refurbished Medical Imaging Devices Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Product
- 10.1.1. X-ray machines
- 10.1.2. Magnetic resonance imaging (MRI) systems
- 10.1.3. Ultrasound systems
- 10.1.4. Computed tomography scanners
- 10.1.5. Nuclear imaging systems
- 10.1.6. Other products
- 10.2. Market Analysis, Insights and Forecast - by End-use
- 10.2.1. Hospitals
- 10.2.2. Diagnostic imaging centers
- 10.2.3. Other end-users
- 10.1. Market Analysis, Insights and Forecast - by Product
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Atlantis Worldwide
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Avante Health Solutions
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Canon Medical Systems Corporation
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Carestream Health
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 EverX Pty Ltd
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 FUJIFILM Healthcare Corporation
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 GE Healthcare
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Hitachi Ltd
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Hologic Inc.
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Koninklijke Philips N.V.
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Siemens Healthineers AG
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.1 Atlantis Worldwide
List of Figures
- Figure 1: Global Refurbished Medical Imaging Devices Market Revenue Breakdown (Billion, %) by Region 2024 & 2032
- Figure 2: North America Refurbished Medical Imaging Devices Market Revenue (Billion), by Product 2024 & 2032
- Figure 3: North America Refurbished Medical Imaging Devices Market Revenue Share (%), by Product 2024 & 2032
- Figure 4: North America Refurbished Medical Imaging Devices Market Revenue (Billion), by End-use 2024 & 2032
- Figure 5: North America Refurbished Medical Imaging Devices Market Revenue Share (%), by End-use 2024 & 2032
- Figure 6: North America Refurbished Medical Imaging Devices Market Revenue (Billion), by Country 2024 & 2032
- Figure 7: North America Refurbished Medical Imaging Devices Market Revenue Share (%), by Country 2024 & 2032
- Figure 8: Europe Refurbished Medical Imaging Devices Market Revenue (Billion), by Product 2024 & 2032
- Figure 9: Europe Refurbished Medical Imaging Devices Market Revenue Share (%), by Product 2024 & 2032
- Figure 10: Europe Refurbished Medical Imaging Devices Market Revenue (Billion), by End-use 2024 & 2032
- Figure 11: Europe Refurbished Medical Imaging Devices Market Revenue Share (%), by End-use 2024 & 2032
- Figure 12: Europe Refurbished Medical Imaging Devices Market Revenue (Billion), by Country 2024 & 2032
- Figure 13: Europe Refurbished Medical Imaging Devices Market Revenue Share (%), by Country 2024 & 2032
- Figure 14: Asia Pacific Refurbished Medical Imaging Devices Market Revenue (Billion), by Product 2024 & 2032
- Figure 15: Asia Pacific Refurbished Medical Imaging Devices Market Revenue Share (%), by Product 2024 & 2032
- Figure 16: Asia Pacific Refurbished Medical Imaging Devices Market Revenue (Billion), by End-use 2024 & 2032
- Figure 17: Asia Pacific Refurbished Medical Imaging Devices Market Revenue Share (%), by End-use 2024 & 2032
- Figure 18: Asia Pacific Refurbished Medical Imaging Devices Market Revenue (Billion), by Country 2024 & 2032
- Figure 19: Asia Pacific Refurbished Medical Imaging Devices Market Revenue Share (%), by Country 2024 & 2032
- Figure 20: Latin America Refurbished Medical Imaging Devices Market Revenue (Billion), by Product 2024 & 2032
- Figure 21: Latin America Refurbished Medical Imaging Devices Market Revenue Share (%), by Product 2024 & 2032
- Figure 22: Latin America Refurbished Medical Imaging Devices Market Revenue (Billion), by End-use 2024 & 2032
- Figure 23: Latin America Refurbished Medical Imaging Devices Market Revenue Share (%), by End-use 2024 & 2032
- Figure 24: Latin America Refurbished Medical Imaging Devices Market Revenue (Billion), by Country 2024 & 2032
- Figure 25: Latin America Refurbished Medical Imaging Devices Market Revenue Share (%), by Country 2024 & 2032
- Figure 26: Middle East and Africa Refurbished Medical Imaging Devices Market Revenue (Billion), by Product 2024 & 2032
- Figure 27: Middle East and Africa Refurbished Medical Imaging Devices Market Revenue Share (%), by Product 2024 & 2032
- Figure 28: Middle East and Africa Refurbished Medical Imaging Devices Market Revenue (Billion), by End-use 2024 & 2032
- Figure 29: Middle East and Africa Refurbished Medical Imaging Devices Market Revenue Share (%), by End-use 2024 & 2032
- Figure 30: Middle East and Africa Refurbished Medical Imaging Devices Market Revenue (Billion), by Country 2024 & 2032
- Figure 31: Middle East and Africa Refurbished Medical Imaging Devices Market Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Region 2019 & 2032
- Table 2: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Product 2019 & 2032
- Table 3: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by End-use 2019 & 2032
- Table 4: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Region 2019 & 2032
- Table 5: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Product 2019 & 2032
- Table 6: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by End-use 2019 & 2032
- Table 7: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 8: U.S. Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 9: Canada Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 10: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Product 2019 & 2032
- Table 11: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by End-use 2019 & 2032
- Table 12: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 13: Germany Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 14: UK Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 15: France Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 16: Italy Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 17: Spain Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 18: Rest of Europe Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 19: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Product 2019 & 2032
- Table 20: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by End-use 2019 & 2032
- Table 21: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 22: China Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 23: Japan Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 24: India Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 25: Australia Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 26: South Korea Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 27: Rest of Asia Pacific Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 28: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Product 2019 & 2032
- Table 29: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by End-use 2019 & 2032
- Table 30: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 31: Brazil Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 32: Mexico Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 33: Argentina Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 34: Rest of Latin America Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 35: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Product 2019 & 2032
- Table 36: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by End-use 2019 & 2032
- Table 37: Global Refurbished Medical Imaging Devices Market Revenue Billion Forecast, by Country 2019 & 2032
- Table 38: Saudi Arabia Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 39: South Africa Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 40: UAE Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
- Table 41: Rest of Middle East and Africa Refurbished Medical Imaging Devices Market Revenue (Billion) Forecast, by Application 2019 & 2032
STEP 1 - Identification of Relevant Samples Size from Population Database
STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
STEP 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
Frequently Asked Questions
2. Which companies are prominent players in the Refurbished Medical Imaging Devices Market?
Key companies in the market include Atlantis Worldwide, Avante Health Solutions, Canon Medical Systems Corporation, Carestream Health, EverX Pty Ltd, FUJIFILM Healthcare Corporation, GE Healthcare, Hitachi, Ltd, Hologic, Inc., Koninklijke Philips N.V., Siemens Healthineers AG.
3. What are the main segments of the Refurbished Medical Imaging Devices Market?
The market segments include Product, End-use.
4. Can you provide details about the market size?
The market size is estimated to be USD 5 Billion as of 2022.
5. What are some drivers contributing to market growth?
High cost of new medical imaging devices. Growing use of eco-friendly products to minimize e-waste and promote sustainability. Increase in number of diagnostic imaging procedures. Rapid advancements in medical imaging technology.
6. What are the notable trends driving market growth?
N/A
7. Are there any restraints impacting market growth?
Limited availability. reduced warranty. and potential technical issues.
8. Can you provide examples of recent developments in the market?
In May 2023, Siemens Healthineers and CommonSpirit Health teamed up to acquire Block Imaging, a firm renowned for its expertise in vending refurbished medical equipment and providing associated services and parts. The collaboration aimed to propel the enhancement and recycling of medical equipment, ultimately amplifying value for consumers and patients while also reducing waste. This acquisition increased the revenue and customer base of the company.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4,850, USD 5,350, and USD 8,350 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Refurbished Medical Imaging Devices Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Refurbished Medical Imaging Devices Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Refurbished Medical Imaging Devices Market?
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