Refurbished Medical Imaging Devices Market Growth To $10.83 Billion By 2030: What’s Driving The Expansion?
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Refurbished Medical Imaging Devices Market Size Forecast: How Big Could The Market Get By 2030?
The market for refurbished medical imaging devices has experienced rapid expansion in recent years. This market is projected to expand from $6.93 billion in 2025 to $7.64 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 10.1%. Historically, this expansion has been driven by factors such as increased efforts to contain healthcare costs, greater reuse of diagnostic equipment, the spread of imaging services in developing areas, the presence of certified refurbishment initiatives, and the need for cost-effective diagnostic imaging solutions.
The market for refurbished medical imaging devices is projected to experience substantial expansion over the upcoming years. This market is anticipated to reach $10.83 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.1%. The expansion during the projected period stems from several factors, including increasing capital allocation towards sustainable healthcare infrastructure, a greater need for imaging services in developing economies, the proliferation of outpatient diagnostic facilities, the increasing embrace of high-end refurbished imaging equipment, and enhancements in refurbishment quality benchmarks and guarantees. Key developments foreseen in this timeframe encompass a higher uptake of cost-efficient imaging technologies, a heightened need for reconditioned CT and MRI units, wider acceptance of officially certified refurbished apparatus, the growth of supplementary imaging markets, and a sharpened emphasis on managing the entire lifecycle of equipment.
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Refurbished Medical Imaging Devices Market Opportunity Drivers: What’s Unlocking New Revenue Potential?
The anticipated expansion of the refurbished medical imaging device market is linked to a rising volume of diagnostic imaging procedures. These procedures encompass diverse medical methods employed to visually examine the body’s internal structures for diagnostic reasons. A growing acceptance of preventive healthcare practices contributes to an uptick in diagnostic imaging, which in turn aids in the early discovery and management of health issues. Refurbished medical equipment finds frequent application in numerous diagnostic scenarios, such as identifying fractures, checking the chest for lung ailments, and evaluating the abdomen for anomalies. For example, data from the National Health Service, a UK government body, indicated that in November 2023, England registered 45.0 million imaging tests by March 2023, showing a 2.2% rise from the 44.0 million recorded in the preceding year. Consequently, the expanding utilization of MRI units through reuse is a key impetus for the refurbished medical imaging device market.
Refurbished Medical Imaging Devices Market Segment Analysis: What Are The Core Market Categories?
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 Imaging, Screening And Preventive Imaging
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
Refurbished Medical Imaging Devices Market Innovation Trends Shaping Future Development
Leading firms operating in the refurbished medical imaging devices market are prioritizing the establishment of strategic alliances to enhance their market competitiveness. Such refurbished medical imaging device partnerships typically involve collaborations between medical equipment suppliers and healthcare facilities to furnish refurbished imaging equipment. For instance, in October 2023, AA Medical, a US-based provider of sustainable solutions, announced strategic partnerships with Tekyard, a US-based company specializing in used and refurbished technology and medical equipment; Zantek Medical, a US-based supplier of refurbished and biomed-certified medical devices; and MED-SELL.COM, a US-based company that buys and sells pre-owned medical equipment. The aim of these alliances is to bolster AA Medical’s capabilities in healthcare asset management, medical device reprocessing, and disposition. These collaborations are poised to expand AA Medical’s global product and service offerings, thereby solidifying its position in the pre-owned medical device market. The partnerships will specifically capitalize on Tekyard’s expertise in disposition solutions, Zantek’s refurbished biomedical devices, and MED-SELL.COM’s disposition services.
Refurbished Medical Imaging Devices Market Leading Players And Competitive Positioning
Major companies operating in the refurbished medical imaging devices market are Hitachi Ltd., Toshiba Medical Systems Corporation, Siemens Healthineers AG, Koninklijke Philips N.V., 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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Refurbished Medical Imaging Devices Market Regional Distribution: Which Areas Power Market Growth?
North America was the largest region in the refurbished medical imaging devices market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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