Refurbished Medical Imaging Equipment Market by Product, End-user, and Geography - Forecast and Analysis 2021-2025

The refurbished medical imaging equipment market size has the potential to grow by USD 2.52 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 7.39%. 

This report provides a detailed analysis of the market by product (CT scanners, MRI scanners, general X-ray systems, ultrasound systems, and SPECT/PET scanners), end-user (hospitals and diagnostic centers), geography (Asia, Europe, North America, and ROW), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market's competitive landscape and offers information on several market vendors, including: 

• Atlantis Worldwide LLC
• Block Imaging 
• Canon Inc.
• EverX Pty Ltd.
• General Electric Co.
• Hitachi Ltd.
• Integrity Medical Systems Inc.
• Koninklijke Philips NV
• Radiology Oncology Systems Inc.
• Siemens Healthineers AG

The refurbished medical imaging equipment market is fragmented and the vendors are deploying growth strategies such as strategic partnerships and agreements to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as increasing demand for cost-effective and efficient medical imaging devices to achieve growth opportunities. However, factors such as concerns regarding quality, safety, and efficacy will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the refurbished medical imaging equipment market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This refurbished medical imaging equipment market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. 

Refurbished Medical Imaging Equipment Market: Key Drivers and Trends

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Refurbished Medical Imaging Equipment Market: Segmentation by Geography

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40% of the market's growth will originate from North America during the forecast period. The US is a key market for refurbished medical imaging equipment in North America. However, market growth in North America will be slower than the growth of the market in other regions.

The favorable regulatory policies for refurbished medical imaging devices is one of the prime factors that will facilitate the refurbished medical imaging equipment market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Refurbished Medical Imaging Equipment Market: Segmentation by Product

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CT scanners are estimated to dominate the refurbished medical imaging equipment market during the forecast period, owing to their widespread use in both diagnostic and therapeutic procedures. The demand for CT scanners is increasing with rapidly growing applications in medicine, coupled with new developments such as CT-based thermometry and CT-guided invasive diagnostic and therapeutic procedures. The refurbished medical imaging equipment market share growth by the CT scanners segment will be faster than the MRI scanners, ultrasound systems, and SPECT/PET scanners segments.    

This report provides an accurate prediction of the contribution of all the segments to the growth of the refurbished medical imaging equipment market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

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Refurbished Medical Imaging Equipment Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive refurbished medical imaging equipment market growth during the next five years
• Precise estimation of the refurbished medical imaging equipment market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the refurbished medical imaging equipment industry across Asia, Europe, North America, and ROW
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of refurbished medical imaging equipment market vendors

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