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Strategic Forecast for the Refurbished Medical Imaging Devices Industry: Market Outlook 2025-2034

08-11-2025 08:44 AM CET | Health & Medicine

Press release from: The Business Research Company

Refurbished Medical Imaging Devices

Refurbished Medical Imaging Devices

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Refurbished Medical Imaging Devices Market Size Growth Forecast: What to Expect by 2025?
The market size for refurbished medical imaging devices has seen a swift expansion in the past few years. Expected to advance from $6.34 billion in 2024 to $7 billion in 2025, it will demonstrate a compound annual growth rate (CAGR) of 10.4%. Factors like healthcare reimbursement policies, clinical necessities and requests, vendor assistance and services, patient protection and quality of care, alongside vendor dynamics and service quality have all contributed to this growth during the historic period.

How Will the Refurbished Medical Imaging Devices Market Size Evolve and Grow by 2029?
Anticipated to experience substantial expansion in the forthcoming years, the market size of refurbished medical imaging devices is predicted to reach $10.25 billion by 2029 with a compound annual growth rate of 10.0%. The ascension during the forecasted period is ascribed to factors such as the development of healthcare infrastructure, escalating obsolescence, surging demand for diagnostic services, the need for specialized imaging modalities, and replacement cycles. The wholesale market trends within this period are expected to encompass enhanced connectivity and interoperability, portable and point-of-care solutions, emphasis on cost-effectiveness and durability, upgradability and modularity, along with compliance and quality assurance.

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What Drivers Are Propelling the Growth of Refurbished Medical Imaging Devices Market Forward?
Rising diagnostic imaging procedures are anticipated to fuel the expansion of the refurbished medical imaging device market. Diagnostic imaging methods, which aid in the visualization of the body's internal structures for diagnosis, are on the rise due to the uptake of preventative healthcare measures. These measures allow for early detection and treatment of health concerns. Refurbished medical devices are routinely employed for a multitude of diagnostic purposes, such as identifying fractures, evaluating lung conditions, and scrutinizing the abdomen for anomalies. For instance, a report released by the Canadian Agency for Drugs and Technologies in Health in December 2023 stated that the quantity of magnetic resonance imaging (MRI) units across all provinces and one territory experienced a substantial increase of 30.8%, climbing from 308 units in 2021 to 403 units in 2022. Moreover, a survey carried out by Canadian Agency for Drugs and Technologies in Health on 56 privately-operated Canadian imaging facilities revealed that an average of 4,703 MRI scans, a kind of diagnostic imaging procedure, were performed at each private facility in Canada, with numbers ranging from 531 to 12,194 between 2021 and 2022, rising to 5,178, with a range of 569 to 12,389 scans. Therefore, the uptick in diagnostic imaging procedures fuels the refurbished medical imaging device market's growth.

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Which Emerging Trends Are Transforming the Refurbished Medical Imaging Devices Market in 2025?
Leading firms in the refurbished medical imaging devices market are strategically partnering with other companies to strengthen their market position. These partnerships combine the forces of medical equipment suppliers and healthcare facilities to supply refurbished imaging equipment. In a recent example, AA Medical, a US-based sustainable solutions provider, announced in October 2023 strategic alliances with Tekyard, Zantek Medical, and MED-SELL.COM, all US-based specialists in used, refurbished tech and medical equipment. The purpose of these partnerships is to improve AA Medical's skills in healthcare asset management, medical device reprocessing, and disposition. These partnerships will increase AA Medical's product and services reach on a global scale, reinforcing its standing in the pre-owned medical device market. They'll also utilize the disposition solutions of Tekyard, the refurbished biomedical devices of Zantek and the disposition services of MED-SELL.COM.

What Are the Key Segments in the Refurbished Medical Imaging Devices Market?
The refurbished medical imaging devices market covered in this report is segmented -

1) By Product: X-Ray Machines, Magnetic Resonance Imaging (MRI) Systems, Ultrasound Systems, Computed Tomography Scanners, Nuclear Imaging Systems, Other Products
2) By Application: Diagnostic, Therapeutic
3) By End Users: Hospitals, Clinics, Diagnostic Centers, Other End Users

Subsegments:
1) By X-Ray Machines: Analog X-Ray Machines, Digital X-Ray Machines
2) By Magnetic Resonance Imaging (MRI) Systems: Closed MRI Systems, Open MRI Systems
3) By Ultrasound Systems: Portable Ultrasound Systems, Cart-Based Ultrasound Systems
4) By Computed Tomography Scanners: Single Slice CT Scanners, Multi-Slice CT Scanners
5) By Nuclear Imaging Systems: PET Scanners, SPECT Scanners
6) By Other Products: Mammography Machines, C-Arms

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Who Are the Key Players Shaping the Refurbished Medical Imaging Devices Market's Competitive Landscape?
Major companies operating in the refurbished medical imaging devices market are Hitachi Ltd., Toshiba Medical Systems Corporation, Siemens Healthineers AG, Koninklijke Philips N.V., Stryker Corporation, General Electric Healthcare LLC, Hologic Inc., Carestream Health Inc., Canon Medical Systems Corporation, TTG Imaging Solutions Inc., Block Imaging International Inc., Avante Health Solutions LLC, Shared Imaging LLC, DRE Medical Inc., Dunlee, Soma Technology Inc., Amber Diagnostics Inc., Radiology Oncology Systems Inc., EverX Pty Ltd., Nationwide Imaging Services Inc., Atlantis Worldwide LLC, DirectMed Imaging, Integrity Medical Systems Inc.

What Geographic Markets Are Powering Growth in the Refurbished Medical Imaging Devices Market?
North America was the largest region in the refurbished medical imaging devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the refurbished medical imaging devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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