Refurbished Medical Imaging Equipment Market Anticipated to Hit USD 33.78 Billion by 2034, Growing at a CAGR of 7.4%
The global refurbished medical imaging equipment market was valued at USD 16.58 billion in 2024 and is expected to grow from USD 17.77 billion in 2025 to USD 33.78 billion by 2034, registering a CAGR of 7.4% during the forecast period. The market’s growth is primarily fueled by the increasing focus on cost-effective solutions, the rising need for affordable healthcare services, and the demand to prolong the usability and efficiency of existing medical imaging systems.
Refurbished Medical Imaging Equipment Market key trends and insights
- Growing Demand for Cost-Effective Imaging Solutions
Healthcare facilities are increasingly adopting refurbished imaging equipment to reduce capital expenditure while maintaining diagnostic capabilities, especially in budget-constrained and rural settings. - Rise in Diagnostic Imaging Procedures
The growing number of diagnostic tests, including CT scans, MRIs, and X-rays, is boosting the demand for affordable imaging systems, particularly refurbished ones that offer reliable performance at lower costs. - Strong Adoption in Emerging Economies
Countries in Asia-Pacific, Latin America, and Africa are experiencing a surge in demand for refurbished medical imaging systems due to limited healthcare budgets and increasing access to advanced diagnostics. - Sustainability and Equipment Lifecycle Extension
Hospitals are opting for refurbished systems to promote sustainability and reduce electronic waste by extending the life cycle of existing imaging equipment through quality refurbishment practices. - Regulatory Support and Certification Standards
Government policies and quality certifications are helping build trust in refurbished devices, ensuring safety, functionality, and compliance with industry standards, thereby encouraging broader market acceptance. - Technological Upgrades and Software Integration
Many refurbished systems are being enhanced with updated software, digital imaging capabilities, and connectivity features, offering near-new performance and compatibility with modern healthcare IT systems.
Market Size & Forecast:
· Market size value in 2025 – USD 17.77 billion
· Revenue forecast in 2034 – USD 33.78 billion
· CAGR – 7.4% from 2025 – 2034
The Refurbished Medical Imaging Equipment Market is witnessing steady growth as healthcare providers seek cost-effective alternatives to new equipment without compromising on performance or diagnostic accuracy. Refurbished systems such as CT scanners, MRI machines, and ultrasound devices are increasingly used in hospitals, diagnostic centers, and outpatient clinics to expand imaging capabilities while reducing capital investment. These solutions are especially valuable in regions with limited healthcare budgets, allowing broader access to high-quality imaging technology.
Moreover, the market is benefiting from growing awareness of electronic waste management, with refurbished devices offering a sustainable option by extending equipment lifespan and minimizing disposal. This aligns with global efforts to reduce medical e-waste and promote environmentally responsible practices. Technological upgrades, regulatory certifications, and increasing demand for advanced imaging tools in emerging economies further support the adoption of refurbished medical imaging systems.
