- X-Ray
- Mammography Machines
- CT Machines, MRI Machines
- Ultrasound Machines
- Nuclear Imaging
- Medicine Devices
- C-arm Devices
- Others
Pre-Owned Medical Devices Market size was valued at USD 6124.2 million in 2022. It is expected to reach a value of USD 12,087.06 million by 2029, at a CAGR of 10.2% from 2023-2029. A healthcare facility may have previously had pre-owned medical equipment, which it has since repurchased or resold after being repaired. A used device is completely refurbished through refurbishment, including aesthetic alterations and end-to-end functioning. A used medical device resale company offers a broad range of medical supplies and equipment for sale. The equipment is built to meet the performance levels and standards that are currently advised. Through internet dealers, a variety of high-quality brands are offered at competitive prices. Numerous associations, for example, the European Coordination Committee of the Radiological, Electromedical and Healthcare IT Industry (COCIR), Japan Industries Association of Radiological Systems (JIRA) and Medical Imaging and Technology Alliance (MITA) underwrite this meaning of pre-claimed medicinal gadgets. It is generally acknowledged and approved by associations, for example, the COCIR, JIRA, MITA and International Association of Medical Equipment Remarketers and Servicers (IAMERS) that the procedure of renovation drags out the powerful existence of a restorative gadget. Regularly, for all high-esteem, settled/stationary restorative gadgets, it has been watched that amid the recommended lifetime, numerous basic segments experience fast wear-and-tear; the implanted programming/innovation turns out of date. Well beyond such equipment and programming innovative oldness, getting the parts is rendered troublesome because of numerous elements, for example, conclusion of creation of segments by providers, establishment of such therapeutic gadgets in hard to-achieve geological regions with no circulation scope and different components. Consequently, midlife mediation through renovation is subsequently of hugeness for powerful and ideal utilization of the restorative gadgets.
Pre Owned Medical Devices Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
10.2%
Largest Market
North America
Fastest Growing Market
N/A
Pre-Owned Medical Devices Market Dynamics
With fast headways in restorative innovation, a few new therapeutic gear is being brought into the market. Alongside this, the idea of reasonable purchasing is building, which one of the essential components is driving the market for repaired therapeutic gadgets in rising economies. The pre-claimed or utilized restorative hardware enhance the economy due an expanded level of patient fulfillment, decrease in electronic and lethal waste, in this way enhancing the general nature of wellbeing. The expanding appropriation of eco-accommodating practices is one of the ongoing patterns prodding this present market’s development in the coming years. The increased reception of restored medicinal gadgets decreases e-squander, brings down landfill, and essentially diminishes the weight of discarding waste, accordingly lessening contamination. As it is both a prudent and condition amicable alternative, numerous merchants are actualizing the procedure of remanufacturing and commercialization of renovated gadgets.
North America Got Significant Share
Pre-Owned Medical Devices Market Regional Analysis
North America is expected to be the largest market in Pre-Owned Medical Devices market followed by Europe. The presence of government funded and privately held companies and availability of advanced technology for reprocessing of the medical devices is expected to contribute to the revenue growth of the Pre-Owned Medical Devices market in above mentioned regions. Based on consumption, Asia – Pacific region is expected to witness the highest demand for Pre-Owned Medical Devices owing to price sensitive customer base and large population commanding demand for affordable medical devices.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup's details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis
Pre Owned Medical Devices Market Segmentation
By Type
By End User
- Hospitals
- Clinics
- Ambulatory Surgical Centres
- Community Healthcare
- Diagnostic Laboratories
- Others
By Geography
- Latin America,
- North America
- Asia- Pacific
- Middle East & Africa
- Europe
Frequently Asked Questions
2022 is the base year and 2029 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Pre-Owned Medical Devices Market size was valued at USD 6124.2 million in 2022. It is expected to reach a value of USD 12,087.06 million by 2029.
Asia Pacific is the fastest-growing for Pre-Owned Medical Devices Market.
Pre-Owned Medical Devices Market size was valued at USD 6124.2 million in 2022. It is expected to reach a value of USD 12,087.06 million by 2029.
Asia Pacific is the fastest-growing for Pre-Owned Medical Devices Market.
| 1.Executive Summary |
| 2.Global Pre-Owned Medical Devices Market Introduction |
| 2.1.Global Pre-Owned Medical Devices Market - Taxonomy |
| 2.2.Global Pre-Owned Medical Devices Market - Definitions |
| 2.2.1.Type |
| 2.2.2.End User |
| 2.2.3.Region |
| 3.Global Pre-Owned Medical Devices Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Pre-Owned Medical Devices Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Pre-Owned Medical Devices Market By Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. X-Ray |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Mammography Machines |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. CT Machines, MRI Machines |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Ultrasound Machines |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Nuclear Imaging |
| 5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Medicine Devices |
| 5.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. C-arm Devices |
| 5.7.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 5.8. Others |
| 5.8.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.8.3. Market Opportunity Analysis |
| 6.Global Pre-Owned Medical Devices Market By End User, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Hospitals |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Clinics |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Ambulatory Surgical Centres |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Community Healthcare |
| 6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Diagnostic Laboratories |
| 6.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others |
| 6.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Pre-Owned Medical Devices Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Pre-Owned Medical Devices Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.X-Ray |
| 8.1.2.Mammography Machines |
| 8.1.3.CT Machines, MRI Machines |
| 8.1.4.Ultrasound Machines |
| 8.1.5.Nuclear Imaging |
| 8.1.6.Medicine Devices |
| 8.1.7.C-arm Devices |
| 8.1.8.Others |
| 8.2. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Hospitals |
| 8.2.2.Clinics |
| 8.2.3.Ambulatory Surgical Centres |
| 8.2.4.Community Healthcare |
| 8.2.5.Diagnostic Laboratories |
| 8.2.6.Others |
| 8.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Pre-Owned Medical Devices Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.X-Ray |
| 9.1.2.Mammography Machines |
| 9.1.3.CT Machines, MRI Machines |
| 9.1.4.Ultrasound Machines |
| 9.1.5.Nuclear Imaging |
| 9.1.6.Medicine Devices |
| 9.1.7.C-arm Devices |
| 9.1.8.Others |
| 9.2. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Hospitals |
| 9.2.2.Clinics |
| 9.2.3.Ambulatory Surgical Centres |
| 9.2.4.Community Healthcare |
| 9.2.5.Diagnostic Laboratories |
| 9.2.6.Others |
| 9.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10.Asia Pacific (APAC) Pre-Owned Medical Devices Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.X-Ray |
| 10.1.2.Mammography Machines |
| 10.1.3.CT Machines, MRI Machines |
| 10.1.4.Ultrasound Machines |
| 10.1.5.Nuclear Imaging |
| 10.1.6.Medicine Devices |
| 10.1.7.C-arm Devices |
| 10.1.8.Others |
| 10.2. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Hospitals |
| 10.2.2.Clinics |
| 10.2.3.Ambulatory Surgical Centres |
| 10.2.4.Community Healthcare |
| 10.2.5.Diagnostic Laboratories |
| 10.2.6.Others |
| 10.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Pre-Owned Medical Devices Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.X-Ray |
| 11.1.2.Mammography Machines |
| 11.1.3.CT Machines, MRI Machines |
| 11.1.4.Ultrasound Machines |
| 11.1.5.Nuclear Imaging |
| 11.1.6.Medicine Devices |
| 11.1.7.C-arm Devices |
| 11.1.8.Others |
| 11.2. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Hospitals |
| 11.2.2.Clinics |
| 11.2.3.Ambulatory Surgical Centres |
| 11.2.4.Community Healthcare |
| 11.2.5.Diagnostic Laboratories |
| 11.2.6.Others |
| 11.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Pre-Owned Medical Devices Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.X-Ray |
| 12.1.2.Mammography Machines |
| 12.1.3.CT Machines, MRI Machines |
| 12.1.4.Ultrasound Machines |
| 12.1.5.Nuclear Imaging |
| 12.1.6.Medicine Devices |
| 12.1.7.C-arm Devices |
| 12.1.8.Others |
| 12.2. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Hospitals |
| 12.2.2.Clinics |
| 12.2.3.Ambulatory Surgical Centres |
| 12.2.4.Community Healthcare |
| 12.2.5.Diagnostic Laboratories |
| 12.2.6.Others |
| 12.3. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.GE Healthcare (U.S.) |
| 13.2.2.Koninklijke Philips N.V. (Netherlands) |
| 13.2.3.Siemens AG (Germany) |
| 13.2.4.Block Imaging International, Inc., (U.S.) |
| 13.2.5.Soma Technology, Inc. (U.S.) |
| 13.2.6.DRE Medical, Inc. (U.S.) |
| 13.2.7.Agito Medical A/S (Denmark) |
| 13.2.8.Everx Pvt Ltd. (Australia) |
| 13.2.9.Integrity Medical Systems, Inc. (U.S.) |
| 13.2.10.Radiology Oncology Systems, Inc. (U.S.) |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- GE Healthcare (U.S.)
- Koninklijke Philips N.V. (Netherlands)
- Siemens AG (Germany)
- Block Imaging International, Inc., (U.S.)
- Soma Technology, Inc. (U.S.)
- DRE Medical, Inc. (U.S.)
- Agito Medical A/S (Denmark)
- Everx Pvt Ltd. (Australia)
- Integrity Medical Systems, Inc. (U.S.)
- Radiology Oncology Systems, Inc. (U.S.)