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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.
Pre-owned Medical Devices Market Report Snapshots
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