Refurbished Medical Imaging Equipment Market Insights: Size, Share, Trends & Opportunity Landscape

The global refurbished medical imaging equipment market is witnessing substantial growth as healthcare systems worldwide seek cost-effective alternatives to new diagnostic devices. Valued at USD 16.58 billion in 2024, the market is expected to grow to USD 17.77 billion in 2025 and reach USD 33.78 billion by 2034, registering a compound annual growth rate (CAGR) of 7.4% during the forecast period (2025–2034).

Market Overview

Refurbished medical imaging equipment refers to previously owned diagnostic devices such as MRI machines, CT scanners, X-ray systems, and ultrasound units that have been restored to meet original manufacturer specifications. These systems undergo a rigorous process involving inspection, repair, software updates, and quality assurance before being reintroduced to the market.

The high cost of brand-new imaging systems, coupled with growing healthcare demands in low- and middle-income countries, is prompting healthcare providers to turn to refurbished alternatives. These systems offer advanced imaging capabilities at a significantly reduced cost, allowing hospitals, diagnostic centers, and clinics to expand services without compromising on quality.

The refurbished imaging market plays a vital role in bridging the technology gap in underserved regions while promoting sustainable healthcare practices by reducing e-waste and maximizing equipment lifecycle.

Key Market Growth Drivers

Cost Efficiency and Budget Constraints in Healthcare Facilities
The rising cost of healthcare infrastructure, especially in developing countries, has made it difficult for many providers to afford brand-new medical imaging equipment. Refurbished systems offer 30–50% cost savings, making them an attractive solution for expanding diagnostic capacity while staying within budget. This affordability is a key driver of adoption across public hospitals and private clinics alike.
Increasing Demand for Diagnostic Imaging Services
The global burden of chronic diseases such as cancer, cardiovascular disorders, and neurological conditions is fueling demand for diagnostic imaging. As healthcare providers seek to scale up diagnostic capabilities, refurbished equipment provides a faster, budget-friendly way to meet rising patient volumes without delay.
Rising Adoption in Emerging Markets
Countries in Asia-Pacific, Latin America, and Africa are witnessing rapid growth in healthcare infrastructure and demand for advanced diagnostics. However, budgetary constraints and uneven resource allocation are limiting the procurement of new imaging systems. Refurbished equipment offers a viable solution for scaling services in rural and semi-urban areas, thereby improving healthcare accessibility.
Environmental Sustainability and Circular Economy Trends
Growing awareness of environmental sustainability is encouraging healthcare organizations to embrace refurbished medical equipment. By extending the usable life of existing devices, healthcare providers can minimize e-waste and reduce their carbon footprint. Additionally, the practice aligns with broader goals of the circular healthcare economy, promoting resource efficiency and responsible consumption.

Market Challenges

While the market outlook is promising, several challenges must be addressed. A major concern is the lack of standardization and regulation across different regions regarding the refurbishment process. Inadequate oversight can lead to variable product quality, raising safety and performance concerns among end users.

Moreover, limited awareness and reluctance among some healthcare professionals to adopt second-hand equipment persist, especially in premium private hospitals. The perception that refurbished systems are inferior or outdated can hinder adoption despite comparable performance in many cases.

Another challenge is the availability of after-sales service and technical support. Ensuring timely maintenance, spare parts availability, and qualified personnel to manage refurbished systems is essential for sustaining operational efficiency.

Key Companies in the Market

GE Healthcare (GoldSeal program)
Siemens Healthineers
Koninklijke Philips N.V.
Atlantis Worldwide
Block Imaging
Soma Technology
Integrity Medical Systems
Radiology Oncology Systems (ROS)
EverX
Avante Health Solutions

Market Segmentation

Refurbished Medical Imaging Equipment Market, Product Outlook (Revenue - USD Billion, 2020-2034)

X-Ray Machines
MRI Systems
Ultrasound Systems
CT Scanners
Nuclear Imaging

Refurbished Medical Imaging Equipment Market, End-Use Outlook (Revenue - USD Billion, 2020-2034)

Hospitals
Diagnostics Imaging Centers

Refurbished Medical Imaging Equipment Market, Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
- Product Outlook
  - X-Ray Machines
  - MRI Systems
  - Ultrasound Systems
  - CT Scanners
  - Nuclear Imaging
- End-Use Outlook
  - Hospitals
  - Diagnostics Imaging Centers
Europe
- Product Outlook
  - X-Ray Machines
  - MRI Systems
  - Ultrasound Systems
  - CT Scanners
  - Nuclear Imaging
- End-Use Outlook
  - Hospitals
  - Diagnostics Imaging Centers

Explore More:

https://www.polarismarketresearch.com/industry-analysis/refurbished-medical-imaging-equipment-market

Conclusion

The global refurbished medical imaging equipment market is poised for strong growth, fueled by rising demand for diagnostic imaging, cost-effective healthcare solutions, and sustainability initiatives. As emerging economies continue to modernize healthcare infrastructure and seek high-quality diagnostic tools within constrained budgets, refurbished systems are expected to become an essential component of future healthcare delivery. Collaboration between OEMs, governments, and third-party service providers will be key to ensuring quality, trust, and long-term success in this evolving market.

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