Overview


According to FutureWise analysis, the market for refurbished medical equipment in 2023 is US$ 17.01 billion, and is expected to reach US$ 42.17 billion by 2031 at a CAGR of 12%.

FutureWise Market Research has illustrated a report on the Refurbished Medical Equipment Market. The report provides an in-depth anatomy of the market trends affecting its growth. Moreover, it includes intricate insights on profitability graph, market share, SWOT analysis and geographical augmentation of this business. Furthermore, the report provides information on the status of key market players in the competitive landscape analysis of Refurbished Medical Equipment Market.

The Refurbished Medical Equipment market is projected to achieve significant growth by the end of the forecast period as per the research study conducted by FutureWise research analysts. The report explains that this business is predicted to record a remarkable growth rate over the forecast period. This report provides important information regarding the total valuation that this industry holds presently and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

  • GE Healthcare
  • Siemens Healthcare
  • Philips Healthcare
  • Ultra Solutions
  • Agito Medical
  • Soma Technology
  • Block Imaging
  • Whittemore Enterprises
  • Radiology Oncology Systems
  • Integrity Medical Systems

(Note: The list of the major players will be updated with the latest market scenario and trends)

By 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
    • Anesthesia 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
    • 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
  • IV Therapy Systems
  • Other Medical Equipment

By Application

  • Diagnostic
    • Cardiology
    • Urology
    • Neurology
    • Orthopedics
    • Physiology
    • Emergency Medicine
    • Oncology
    • Obstetrics/Gynecology (OB/GYN)
    • Other Diagnostic Applications
  • Therapeutic
    • Cardiology
    • Urology
    • Neurology
    • Orthopedics
    • Physiology
    • Emergency Medicine
    • Oncology
    • Obstetrics/Gynecology (OB/GYN)
    • Other Therapeutic Applications

By End User

  • Hospitals
  • Ambulatory Care Centers
  • Diagnostic Imaging Centers
  • Other End Users

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

  • To provide with an exhaustive analysis on the market by product, by application, by end user and by region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Refurbished Medical Equipment Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Refurbished Medical Equipment Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Refurbished Medical Equipment Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Refurbished Medical Equipment Market, By Product Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Medical Imaging Equipment
         1.1. X-ray Machines
         1.2. Ultrasound Systems
         1.3. MRI Machines
         1.4. CT Scanners
         1.5. Nuclear Imaging Systems
         1.6. Other Medical Imaging Equipment
        2. Operating Room and Surgical Equipment
         2.1. Anesthesia Machines
         2.2. Operating Room Tables and Lights
         2.3. Surgical Displays
         2.4. Electrosurgical Units
         2.5. Other Operating Room and Surgical Equipment
        3. Patient Monitors
         3.1. Multi-parameter Monitors
         3.2. Electrocardiography Devices
         3.3. Pulse Oximeters
         3.4. Mobile Cardiac Telemetry Devices
         3.5. Non-invasive Blood Pressure Monitors
         3.6. Fetal Monitors
         3.7. Other Patient Monitors
        4. Cardiology Equipment
         4.1. Heart-lung Machines
         4.2. Defibrillators
         4.3. Other Cardiology Equipment
        5 . Urology Equipment
         5.1. Dialysis Machines
         5.2. Lithotripsy Devices
        6. Neurology Equipment
         6.1. EEG Machines
         6.2. EMG Machines
        7. Intensive Care Equipment
         7.1 Ventilators
         7.2. Infant Incubators and Warmers
        8. Endoscopy Equipment
        9. IV Therapy Systems
        10. Other Medical Equipment

  • 8.   Refurbished Medical Equipment Market, By Application Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Diagnostic
         1.1. Cardiology
         1.2. Urology
         1.3. Neurology
         1.4. Orthopedics
         1.5. Physiology
         1.6. Emergency Medicine
         1.7. Oncology
         1.8. Obstetrics/Gynecology (OB/GYN)
         1.9. Other Diagnostic Applications
        2. Therapeutic
         2.1. Cardiology
         2.2. Urology
         2.3. Neurology
         2.4. Orthopedics
         2.5. Physiology
         2.6. Emergency Medicine
         2.7. Oncology
         2.8. Obstetrics/Gynecology (OB/GYN)
         2.9. Other Therapeutic Applications

  • 9.   Refurbished Medical Equipment Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals
        2. Ambulatory Surgical Centers
        3. Diagnostic Imaging Centers
        4. Other End Users

  • 10.   North America Refurbished Medical Equipment Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 11.   Latin America Refurbished Medical Equipment Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 12.   Europe Refurbished Medical Equipment Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 13.   Asia Pacific Refurbished Medical Equipment Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 14.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 15.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 16.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. GE Healthcare
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Siemens Healthcare
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Philips Healthcare
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Ultra Solutions
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Agito Medical
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Soma Technology
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. Block Imaging
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Whittemore Enterprises
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Radiology Oncology Systems
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Integrity Medical Systems
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview

  • 17.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the regulations initiated by healthcare administrations
        5. The overall economic slowdown of the developing and developed nations
  • 18.   FutureWise SME Key Takeaway Points for Client
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