Medical Equipment

Refurbished Medical Imaging Devices Market Expansion to $10.01 Billion by 2029: Key Drivers and Trends

December 8, 2025 by Marketing Posting

Uncover key drivers, emerging technologies, and competitive movements shaping the refurbished medical imaging devices market from 2025–2034 with trusted insights from The Business Research Company

What Is The Base Market Size For The Refurbished Medical Imaging Devices Market Today And What Will It Reach By 2029?

The refurbished medical imaging devices market size has experienced robust expansion in recent years. It is projected to increase from $6.34 billion in 2024 to $6.93 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.4%. The historical rise in this market can be attributed to several factors including healthcare reimbursement policies, clinical needs and demands, the provision of vendor support and services, the focus on patient safety and quality of care, and the dynamics and service quality of vendors.

The refurbished medical imaging devices market is projected to experience substantial expansion in the coming years. This market is anticipated to reach a valuation of $10.01 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 9.6%. Several factors are expected to drive this growth during the forecast period, including the expansion of healthcare infrastructure, increasing obsolescence of existing equipment, a rising need for diagnostic services, the demand for specialized imaging modalities, and regular replacement cycles. Key trends anticipated during the same period encompass enhanced connectivity and interoperability, the emergence of portable and point-of-care solutions, a strong emphasis on cost-effectiveness and sustainability, advancements in upgradability and modularity, and stringent compliance and quality assurance measures.

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What Factors Are Boosting The Refurbished Medical Imaging Devices Market?

The expanding volume of diagnostic imaging procedures is anticipated to fuel the future expansion of the refurbished medical imaging device market. Diagnostic imaging procedures encompass diverse medical methods employed to visualize the body’s internal structures for diagnostic reasons. The growing embrace of preventive healthcare initiatives is resulting in more diagnostic imaging procedures, aiding in the prompt identification and management of health issues. Refurbished medical equipment finds frequent application in numerous diagnostic contexts, such as identifying fractures, scanning the chest for pulmonary conditions, and evaluating the abdomen for irregularities. For example, a report released in December 2023 by the Canadian Agency for Drugs and Technologies in Health, a professional non-profit organization based in Canada, indicated a notable 30.8% increase in magnetic resonance imaging (MRI) units across all provinces and one territory, climbing from 308 units in 2021 to 403 units in 2022. Furthermore, a survey of 56 privately owned Canadian imaging facilities by the Canadian Agency for Drugs and Technologies in Health, a Canadian government office, revealed that the average number of magnetic resonance imaging (MRI) scans, which are diagnostic imaging procedures, performed at a single private facility in Canada was 4,703, with individual facility numbers ranging from 531 to 12,194 between 2021 and 2022, subsequently increasing to an average of 5,178, with the range broadening from 569 to 12,389 scans. Consequently, the rising volume of diagnostic imaging procedures is propelling the expansion of the refurbished medical imaging device market.

How Is The Refurbished Medical Imaging Devices Market Categorized By Application, Type, And Region?

The refurbished medical imaging devicesmarket 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

What Key Trends Are Driving Growth In The Refurbished Medical Imaging Devices Market?

Major entities operating within the refurbished medical imaging devices market are concentrating on establishing strategic collaborations to secure a competitive advantage. These refurbished medical imaging device partnerships involve agreements between medical equipment providers and healthcare facilities for the supply of refurbished imaging equipment. For example, in October 2023, AA Medical, a US-based provider of sustainable solutions, announced key strategic partnerships with Tekyard, a US-based company specializing in used, refurbished technology and medical equipment; Zantek Medical, a US-based provider of refurbished and biomed-certified medical; and MED-SELL.COM, a US-based company that buys and sells pre-owned medical equipment. The objective of these alliances is to enhance AA Medical’s capabilities across healthcare asset management, medical device reprocessing, and disposition. These collaborations are expected to expand AA Medical’s product and service offerings globally, strengthening its position in the pre-owned medical device market. The partnerships will leverage the distinct expertise of Tekyard’s disposition solutions, Zantek’s refurbished biomedical devices, and MED-SELL.COM’s disposition services.

Who Are The Global Leaders Steering The Refurbished Medical Imaging Devices Market Forward?

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.

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Which Region Is Projected To Achieve The Fastest Growth In The Refurbished Medical Imaging Devices Market?

North America was the largest region in the refurbished medical imaging devices market in 2024. 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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