Press release
Refurbished Medical Imaging Equipment Market Growing at 7.64% CAGR, Expected to Reach USD 8.79 Billion by 2033, Reports Strategic Revenue Insights
This reflects a compound annual growth rate (CAGR) of 7.64 percent and underscores growing demand for cost-effective imaging solutions in healthcare settings worldwide.
The market's expansion from USD 4.53 billion in 2024 to USD 8.79 billion by 2033 represents nearly a doubling in value over the forecast period. This trend signals that refurbished imaging equipment once a niche offering is now gaining mainstream acceptance among healthcare providers seeking to optimize capital expenditure while maintaining diagnostic capabilities.
A comprehensive assessment of this rapidly evolving market can be accessed through Strategic Revenue Insights at the link below, focused on Refurbished Medical Imaging Equipment:
https://www.strategicrevenueinsights.com/industry/refurbished-medical-imaging-equipment-market
Several forces drive this growth. Healthcare facilities, particularly in cost-sensitive and resource-constrained regions, prefer refurbished imaging systems as a lower-cost alternative to new equipment. At the same time, advances in refurbishment processes including more rigorous inspection, part replacement, recalibration and quality-assurance testing have increased the reliability and performance of used imaging machines, making them viable substitutes for new systems. Rising incidence of chronic diseases, growing demand for diagnostic imaging (MRI, CT, ultrasound, X-ray), and pressure on healthcare budgets further elevate demand for affordable imaging solutions.
Regional dynamics shape market growth in distinct ways. In developed economies such as the United States which holds a significant market share established healthcare infrastructure and increasing pressure to control costs drive adoption of refurbished imaging equipment. Meanwhile, in emerging economies (particularly in parts of Asia, Latin America, and other cost-sensitive regions), constrained budgets, rising healthcare expenditure, and expanding access to diagnostic services make refurbished imaging equipment especially attractive.
Within the competitive landscape, the refurbished medical imaging equipment market features a wide array of participants. Global conglomerates such as GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Canon Medical Systems Corporation and Hitachi, Ltd. appear alongside specialized refurbishers and resellers like Atlantis Worldwide, Avante Health Solutions, EverX and Carestream Health. This mix of established OEMs and independent players highlights a diversified ecosystem where quality refurbishment, distribution networks, and global reach matter.
Browse the associated report:
https://www.strategicrevenueinsights.com/ja/industry/refurbished-medical-imaging-equipment-market
https://www.strategicrevenueinsights.com/kr/industry/refurbished-medical-imaging-equipment-market
https://www.strategicrevenueinsights.com/da/industry/refurbished-medical-imaging-equipment-market
Segmentation of the market reveals a clear structure by product type, end-user, and application. Key product categories include MRI systems, CT scanners, X-ray machines, ultrasound systems, nuclear imaging systems, and other diagnostic imaging devices. Hospitals represent the primary end-users, given their volume of imaging procedures and capacity to maintain equipment.
Diagnostic imaging centers, clinics, and ambulatory centers constitute growing shares, particularly in regions where cost sensitivity and space constraints make refurbished systems appealing. On the application side, imaging for oncology, cardiology, orthopedics, neurology and general diagnostic purposes drives most demand, reflecting rising burden of chronic and age-related conditions globally.
Looking ahead toward 2033 and beyond, the refurbished medical imaging equipment market appears to offer substantial opportunity. As healthcare providers especially in emerging economies continue to seek cost-effective diagnostic solutions, demand for affordable, high-quality imaging equipment is likely to rise.
Improving refurbishment standards, increasing regulatory acceptance in more markets, and growing awareness of sustainability and circular-economy benefits (via reduced electronic waste) should further support adoption. Providers that invest in robust refurbishment protocols, quality assurance, and after-sales support will likely capture outsized share.
Related Reports:
https://www.strategicrevenueinsights.com/industry/bone-wax-market
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About Strategic Revenue Insights Inc.
Strategic Revenue Insights Inc., a subsidiary of SRI Consulting Group Ltd, empowers organizations worldwide with data driven market intelligence. Headquartered in London, United Kingdom, the firm delivers syndicated research reports, tailored consulting solutions, and actionable insights that equip clients to make confident, future focused strategic decisions. Its team of seasoned analysts continuously tracks markets, identifies emerging trends, and uncovers growth opportunities to support long-term client success. As part of SRI Consulting Group Ltd, Strategic Revenue Insights Inc. is committed to accuracy, clarity, and practical relevance, helping businesses optimize strategies and accelerate revenue growth.
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