Pre-owned Medical Devices Market, 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), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jun 2024

Code : CMI4628

Pages :178

Formats :

Excel and PDF

Industry : Medical Devices

Regional Analysis

Pre-owned Medical Devices Market Regional Insights

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North America has established itself as the dominant region in the global pre-owned medical devices market with estimated market share of 40.2 % in 2024. With strong presence of major market players and developed healthcare infrastructure, the U.S. accounts for the largest market share. The country is home to many large medical device companies that actively refurbish and resell used medical equipment. The favorable regulations promote recommercialization activities. Hospitals and clinics widely accept pre-owned devices due to cost savings achieved through refurbished systems.

Asia Pacific is expected to be the fastest growing market. Growing healthcare expenditures and expansion of private healthcare have boosted investments in medical technologies across major countries like India, China and Indonesia. This rising demand encourages greater acceptance of pre-owned devices. The lack of established reverse logistics and weakness in refurbishing capabilities have opened opportunities for international U.S. players to set up local operations.