Global Pre-owned Medical Devices Market is estimated to be valued at USD 8.37 Bn in 2025 and is expected to reach USD 17.72 Bn by 2032, growing at a compound annual growth rate (CAGR) of 11.3% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 8.37 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
11.30%
2032 Value Projection:
USD 17.72 Bn
Figure. Pre-owned Medical Devices Market Share (%), By Region 2025
Global pre-owned medical devices market growth can be driven by factors such as growing demand for cost-effective medical devices, increasing preference for refurbished devices among hospitals and diagnostic centers in developing nations, and supportive regulatory framework for marketing of pre-owned medical devices. Moreover, the market players are coming up with innovative business models and trade-in programs to enhance customer convenience and boost sales. However, lack of standardization in refurbishing processes and complexity in lifecycle management of pre-owned devices can hamper the market growth.
Market Dynamics:
Global pre-owned medical devices market growth is driven by factors such as growing budget constraints on healthcare systems that have boosted demand for cost-effective medical solutions. Increasing preference among hospitals and diagnostic centers in developing nations to procure refurbished devices owing to budget limitations and value proposition offered by pre-owned devices can drive the market growth. Moreover, supportive regulatory policies by regional authorities regarding remanufacturing and export of pre-owned devices can offer new opportunities for the market growth. However, presence of counterfeit products and lack of standardization in refurbishing processes can hamper the market growth. Lack of common classification criteria for grading the condition of refurbished devices can hamper the market growth
Key Features of the Study:
This report provides in-depth analysis of the global pre-owned medical devices market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global pre-owned medical devices market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include GE Healthcare, Philips Healthcare, Siemens Healthineers, Hitachi, Canon Medical, Block Imaging International, and Soma Technology
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global pre-owned medical devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pre-owned medical devices market
Detailed Segmentation-
By Type
X-ray
Mammography Machines
CT Machines
MRI Machines
Ultrasound Machines
Nuclear Imaging and Medicine Devices
C-arm Devices
By End User
Hospitals
Clinics
Other End Users
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profiles:
GE Healthcare
Siemens Healthineers
Canon Medical Systems
Koninklijke Philips N.V.
Agfa-Gevaert Group
Block Imaging
Radiology Oncology Systems
EverX Pty Ltd
Integrity Medical Systems, Inc.
Soma Technology
Master Medical Equipment
Hilditch Group
Fair Medical Co. Ltd.
US Med-Equip
Centurion Service Group
TRACO
DIAMEDICA
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By End User
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter's Analysis
4. Global Pre-owned Medical Devices Market - Impact of Coronavirus (COVID-19) Pandemic
Overall Impact
Government Initiatives
COVID-19 Impact on the Market
5. Global Pre-owned Medical Devices Market, By Type, 2020 - 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
X-ray
Product
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Mammography Machines
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
CT Machines
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
MRI Machines
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Ultrasound Machines
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Nuclear Imaging and Medicine Devices
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
C-arm Devices
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Pre-owned Medical Devices Market, By End User, 2020 - 2032, (USD Bn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Hospitals
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Clinics
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Other End Users
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
7. Global Pre-owned Medical Devices Market, By Region, 2020 - 2032, (USD Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021-2032
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Bn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020 - 2032, (USD Bn)