Refurbished Medical Imaging Equipment Market Size Worth USD 33.78 billion by 2034 | CAGR: 7.4%

The global refurbished medical imaging equipment market size is expected to reach USD 33.78 billion by 2034, according to a new study by Polaris Market Research. The report “Refurbished Medical Imaging Equipment Market Size, Share, Trends, Industry Analysis Report: By Product (X-Ray Machines, MRI Systems, Ultrasound Systems, CT Scanners, and Nuclear Imaging), End-Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Refurbished medical imaging equipment are previously used medical imaging systems that have been thoroughly tested, inspected, and repaired to meet original equipment standards. These systems are a cost-effective alternative to purchasing brand-new equipment. X-ray machines, CT scanners, MRI machines, and ultrasound machines are some common examples of medical imaging equipment that can be refurbished.

The refurbished medical imaging equipment market growth is driven by the increasing demand for cost-effective healthcare solutions, particularly in budget-conscious regions and smaller healthcare facilities. Factors such as rising healthcare costs, the need for advanced diagnostic tools, and a growing focus on sustainability contribute to the adoption of refurbished devices. Key opportunities lie in expanding service offerings, such as fast-turnaround refurbishing and specialized upgrades, as well as entering emerging markets where healthcare infrastructure is rapidly developing.

Advancements in refurbishment technology, rising awareness of environmental concerns, and stricter regulatory standards are a few of the key refurbished medical imaging equipment market trends anticipated to drive market expansion in the coming years. Overall, the market is poised for steady growth as healthcare providers seek affordable, high-quality alternatives to new medical equipment while also contributing to sustainability goals.

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Refurbished Medical Imaging Equipment Market Report Highlights

• Based on product, the MRI systems segment dominates the refurbished medical imaging equipment market, driven by their high demand in diagnostic procedures and growing adoption in both developed and emerging markets. This segment is also registering the highest growth due to advancements in MRI technology and the cost-effectiveness of refurbished devices.
• Hospitals are the leading end-users of refurbished medical imaging equipment, driven by their large-scale diagnostic needs and significant cost-saving potential. Diagnostic imaging centers are witnessing the fastest growth as they seek affordable solutions for specialized imaging services.
• North America holds the largest market share due to advanced healthcare infrastructure and a strong preference for refurbished medical equipment. Asia Pacific is the fastest-growing region, driven by increasing healthcare demand, expanding infrastructure, and affordability concerns in developing countries.
• A few of the key players in the refurbished medical imaging equipment market include GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Atlantis Worldwide, Block Imaging, Soma Technology, Integrity Medical Systems, Radiology Oncology Systems (ROS), EverX, and Avante Health Solutions.

Polaris Market Research has segmented the refurbished medical imaging equipment market research report on the basis of product, end-use, and region:

By Product Outlook (Revenue–USD Billion, 2020–2034)

• X-Ray Machines
• MRI Systems
• Ultrasound Systems
• CT Scanners
• Nuclear Imaging

By End-Use Outlook (Revenue–USD Billion, 2020–2034)

• Hospitals
• Diagnostics Imaging Centers

By Regional Outlook (Revenue–USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  •  Japan
  •  India
  •  Malaysia
  •  South Korea
  • Indonesia
  • Australia
  • Vietnam
  •  Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America

Refurbished Medical Imaging Equipment Market Report Scope