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Leading Growth Driver in the Refurbished MRI Systems Market in 2025: The Increasing Demand For Healthcare Services Drives The Refurbished MRI Systems Market Driver's Influence

03-24-2025 08:12 AM CET | Health & Medicine

Press release from: The Business Research Company

Refurbished MRI Systems

Refurbished MRI Systems

What market dynamics are playing a key role in accelerating the growth of the refurbished mri systems market?
The increasing demand for healthcare services is expected to propel the growth of the refurbished MRI systems market. An aging population and the prevalence of chronic diseases are driving the demand for healthcare services. Refurbished MRI systems provide high-quality and cost-effective diagnostic capabilities. For instance, in June 2024, Health Affairs reported that national healthcare expenditure in the U.S. is expected to rise by $249.5 billion from 2023 to 2024, supporting the growth of the refurbished MRI systems market.

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How will the growth rate of the refurbished mri systems market shape industry trends by 2034?
The refurbished MRI systems market has seen strong growth in recent years. It will grow from $0.77 billion in 2024 to $0.85 billion in 2025, reflecting a CAGR of 10.7%. This growth can be attributed to the demand for cost-effective solutions, limitations in healthcare budgets, rising healthcare expenditures, the increasing prevalence of chronic diseases, and the need for advanced diagnostic tools.

The refurbished MRI systems market is projected to grow rapidly, reaching $1.27 billion by 2029 with a CAGR of 10.4%. Growth drivers include the demand for affordable medical devices, awareness of healthcare benefits, the aging population, government healthcare initiatives, and efforts to improve healthcare access. Trends include advancements in refurbishment processes, increased availability of certified pre-owned MRI systems, and a focus on sustainability and eco-friendly practices.

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What trends are poised to drive the future success of the refurbished mri systems market?
Companies in the refurbished MRI systems market are increasingly focusing on high-resolution imaging technologies, such as gradient technology, to enhance their competitive position. Gradient technology in MRI allows for better image clarity by controlling magnetic field variations. For example, in March 2024, Arnica HealthTech, an India-based MRI system provider, introduced the Avanto Refurbished Siemens MRI Machine. This model offers superior image quality, faster scans, and advanced features like diffusion-weighted and perfusion imaging, while also prioritizing patient comfort with a wide bore and noise reduction.

Which primary segments of the refurbished mri systems market are driving growth and industry transformations?
The refurbished mri systems market covered in this report is segmented -

1) By Architecture: Closed System, Open System
2) By Field Strength: Low Field Strength, Mid Field Strength, High Field Strength
3) By End Use: Hospitals, Imaging Centers, Ambulatory Surgical Centers, Other End Users

Subsegments:
1) By Closed System: Superconducting MRI Systems, Permanent Magnet MRI Systems, Resistive Magnet MRI Systems
2) By Open System: Open-High Field MRI Systems, Open-Low Field MRI Systems

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Which geographical regions are pioneering growth in the refurbished mri systems market?
North America was the largest region in the refurbished MRI systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the refurbished MRI systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the influential players reshaping the refurbished mri systems market landscape?
Major companies operating in the refurbished MRI systems market are Hitachi Ltd., Siemens Healthineers, Koninklijke Philips N.V., GE Healthcare, Hologic Inc., Canon Medical Systems Corporation, Shimadzu Corporation, Onex Corporation (Carestream Health), Cameco Corp., Barco N.V., First Source Inc., Oxford Instruments Healthcare, Esaote SpA, Nordion Inc., Block Imaging International Inc., Meridian Leasing, Radio Oncology Systems Inc., Soma Technology Inc., Amber Diagnostics, Innovative Imaging Technologies, Avante Health Solutions, Integrity Medical Systems Inc., LBN Medical, DirectMed Parts & Service LLC, EverX Pty Ltd., Atlantis Worldwide LLC, BMI Biomedical International, TRACO Medical, Tekyard Medical

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What Is Covered In The Refurbished MRI Systems Global Market Report?

•Market Size Forecast: Examine the refurbished mri systems market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the refurbished mri systems market for a structured understanding.
•Key Players Overview: Analyze major players in the refurbished mri systems market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the refurbished mri systems market.
•Segment Contributions: Evaluate how different segments drive overall growth in the refurbished mri systems market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the refurbished mri systems market.
•Industry Challenges: Identify potential risks and obstacles affecting the refurbished mri systems market.
•Competitive Landscape: Review strategic developments in the refurbished mri systems market, including expansions, agreements, and new product launches.

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