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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Pre-owned medical devices market size was valued at US$ 6124.2 million in 2023. It is expected to reach a value of US$ 12,087.06 million by 2030, at a CAGR of 10.2% from 2024-2030. A healthcare facility may have previously had pre-owned medical equipment, which it has since repurchased or resold after being repaired. A used device is completely refurbished through refurbishment, including aesthetic alterations and end-to-end functioning.
A used medical device resale company offers a broad range of medical supplies and equipment for sale. The equipment is built to meet the performance levels and standards that are currently advised. Through internet dealers, a variety of high-quality brands are offered at competitive prices. Numerous associations, for example, the European Coordination Committee of the Radiological, Electromedical and Healthcare IT Industry (COCIR), Japan Industries Association of Radiological Systems (JIRA) and Medical Imaging and Technology Alliance (MITA) underwrite this meaning of pre-claimed medicinal gadgets. It is generally acknowledged and approved by associations, for example, the COCIR, JIRA, MITA and International Association of Medical Equipment Remarketers and Servicers (IAMERS) that the procedure of renovation drags out the powerful existence of a restorative gadget.
Regularly, for all high-esteem, settled/stationary restorative gadgets, it has been watched that amid the recommended lifetime, numerous basic segments experience fast wear-and-tear; the implanted programming/innovation turns out of date. Well beyond such equipment and programming innovative oldness, getting the parts is rendered troublesome because of numerous elements, for example, conclusion of creation of segments by providers, establishment of such therapeutic gadgets in hard to-achieve geological regions with no circulation scope and different components. Consequently, midlife mediation through renovation is subsequently of hugeness for powerful and ideal utilization of the restorative gadgets.
Study Period
2024-2030Base Year
2023CAGR
10.2%Largest Market
North AmericaFastest Growing Market
N/A
With fast headways in restorative innovation, a few new therapeutic gear is being brought into the market. Alongside this, the idea of reasonable purchasing is building, which one of the essential components is driving the market for repaired therapeutic gadgets in rising economies. The pre-claimed or utilized restorative hardware enhance the economy due an expanded level of patient fulfillment, decrease in electronic and lethal waste, in this way enhancing the general nature of wellbeing. The expanding appropriation of eco-accommodating practices is one of the ongoing patterns prodding this present market's development in the coming years. The increased reception of restored medicinal gadgets decreases e-squander, brings down landfill, and essentially diminishes the weight of discarding waste, accordingly lessening contamination. As it is both a prudent and condition amicable alternative, numerous merchants are actualizing the procedure of remanufacturing and commercialization of renovated gadgets.
North America is expected to be the largest market in Pre-Owned Medical Devices market followed by Europe. The presence of government funded and privately held companies and availability of advanced technology for reprocessing of the medical devices is expected to contribute to the revenue growth of the refurbished medical devices market in above mentioned regions. Based on consumption, Asia-Pacific region is expected to witness the highest demand for Pre-Owned Medical Devices owing to price sensitive customer base and large population commanding demand for affordable medical devices.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 6124.2 million |
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Market Size in 2030 |
US$ 12,087.06 million |
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Market CAGR |
10.2% |
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By Type |
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By End User |
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By Region |
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In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Pre-owned medical devices market size was valued at US$ 6124.2 million in 2022. It is expected to reach a value of US$ 12,087.06 million by 2029.
Asia Pacific is the fastest-growing for market.
| 1.Executive Summary |
| 2.Global Pre-Owned Medical Devices Market Introduction |
| 2.1.Global Pre-Owned Medical Devices Market - Taxonomy |
| 2.2.Global Pre-Owned Medical Devices Market - Definitions |
| 2.2.1.Type |
| 2.2.2.End User |
| 2.2.3.Region |
| 3.Global Pre-Owned Medical Devices Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Pre-Owned Medical Devices Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Pre-Owned Medical Devices Market By Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. X-Ray |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Mammography Machines |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. CT Machines, MRI Machines |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Ultrasound Machines |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Nuclear Imaging |
| 5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Medicine Devices |
| 5.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. C-arm Devices |
| 5.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 5.8. Others |
| 5.8.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.8.3. Market Opportunity Analysis |
| 6.Global Pre-Owned Medical Devices Market By End User, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Hospitals |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Clinics |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Ambulatory Surgical Centres |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Community Healthcare |
| 6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Diagnostic Laboratories |
| 6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Pre-Owned Medical Devices Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Pre-Owned Medical Devices Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.X-Ray |
| 8.1.2.Mammography Machines |
| 8.1.3.CT Machines, MRI Machines |
| 8.1.4.Ultrasound Machines |
| 8.1.5.Nuclear Imaging |
| 8.1.6.Medicine Devices |
| 8.1.7.C-arm Devices |
| 8.1.8.Others |
| 8.2. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Hospitals |
| 8.2.2.Clinics |
| 8.2.3.Ambulatory Surgical Centres |
| 8.2.4.Community Healthcare |
| 8.2.5.Diagnostic Laboratories |
| 8.2.6.Others |
| 8.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Pre-Owned Medical Devices Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.X-Ray |
| 9.1.2.Mammography Machines |
| 9.1.3.CT Machines, MRI Machines |
| 9.1.4.Ultrasound Machines |
| 9.1.5.Nuclear Imaging |
| 9.1.6.Medicine Devices |
| 9.1.7.C-arm Devices |
| 9.1.8.Others |
| 9.2. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Hospitals |
| 9.2.2.Clinics |
| 9.2.3.Ambulatory Surgical Centres |
| 9.2.4.Community Healthcare |
| 9.2.5.Diagnostic Laboratories |
| 9.2.6.Others |
| 9.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10.Asia Pacific (APAC) Pre-Owned Medical Devices Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.X-Ray |
| 10.1.2.Mammography Machines |
| 10.1.3.CT Machines, MRI Machines |
| 10.1.4.Ultrasound Machines |
| 10.1.5.Nuclear Imaging |
| 10.1.6.Medicine Devices |
| 10.1.7.C-arm Devices |
| 10.1.8.Others |
| 10.2. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Hospitals |
| 10.2.2.Clinics |
| 10.2.3.Ambulatory Surgical Centres |
| 10.2.4.Community Healthcare |
| 10.2.5.Diagnostic Laboratories |
| 10.2.6.Others |
| 10.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Pre-Owned Medical Devices Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.X-Ray |
| 11.1.2.Mammography Machines |
| 11.1.3.CT Machines, MRI Machines |
| 11.1.4.Ultrasound Machines |
| 11.1.5.Nuclear Imaging |
| 11.1.6.Medicine Devices |
| 11.1.7.C-arm Devices |
| 11.1.8.Others |
| 11.2. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Hospitals |
| 11.2.2.Clinics |
| 11.2.3.Ambulatory Surgical Centres |
| 11.2.4.Community Healthcare |
| 11.2.5.Diagnostic Laboratories |
| 11.2.6.Others |
| 11.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Pre-Owned Medical Devices Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.X-Ray |
| 12.1.2.Mammography Machines |
| 12.1.3.CT Machines, MRI Machines |
| 12.1.4.Ultrasound Machines |
| 12.1.5.Nuclear Imaging |
| 12.1.6.Medicine Devices |
| 12.1.7.C-arm Devices |
| 12.1.8.Others |
| 12.2. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Hospitals |
| 12.2.2.Clinics |
| 12.2.3.Ambulatory Surgical Centres |
| 12.2.4.Community Healthcare |
| 12.2.5.Diagnostic Laboratories |
| 12.2.6.Others |
| 12.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.GE Healthcare (U.S.) |
| 13.2.2.Koninklijke Philips N.V. (Netherlands) |
| 13.2.3.Siemens AG (Germany) |
| 13.2.4.Block Imaging International, Inc., (U.S.) |
| 13.2.5.Soma Technology, Inc. (U.S.) |
| 13.2.6.DRE Medical, Inc. (U.S.) |
| 13.2.7.Agito Medical A/S (Denmark) |
| 13.2.8.Everx Pvt Ltd. (Australia) |
| 13.2.9.Integrity Medical Systems, Inc. (U.S.) |
| 13.2.10.Radiology Oncology Systems, Inc. (U.S.) |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.