• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Japan Refurbished Medical Devices Market

    ID: MRFR/MED/43751-HCR
    200 Pages
    Rahul Gotadki
    October 2025

    Japan Refurbished Medical Devices Market Research Report By Diagnostic Devices (X-ray machines, CT Scanners, Ultrasound Systems, MRI Machines, ECG Systems, Patient Monitors) and By Therapeutic Devices (Heart-Lung Machines, Coagulation Analyzers, Infant Incubators and Warmers, Defibrillators, Infusion Pumps)-Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Japan Refurbished Medical Devices Market Infographic
    Purchase Options

    Japan Refurbished Medical Devices Market Summary

    The Japan Refurbished Medical Devices market is projected to experience substantial growth from 369.9 million USD in 2024 to 920.4 million USD by 2035.

    Key Market Trends & Highlights

    Japan Refurbished Medical Devices Key Trends and Highlights

    • The market is expected to grow from 369.9 million USD in 2024 to 920.4 million USD by 2035.
    • A compound annual growth rate (CAGR) of 8.64 percent is anticipated from 2025 to 2035.
    • The increasing demand for cost-effective healthcare solutions is likely to drive market expansion.
    • Growing adoption of refurbished medical devices due to rising healthcare costs is a major market driver.

    Market Size & Forecast

    2024 Market Size 369.9 (USD Million)
    2035 Market Size 920.4 (USD Million)
    CAGR (2025-2035) 8.64%

    Major Players

    Olympus, Johnson and Johnson, Hitachi, Canon, Fujifilm, Siemens Healthineers, Mizuho Medical, Stryker, Nipro, Philips, Terumo, Toshiba, Medtronic, SHIMADZU

    Japan Refurbished Medical Devices Market Trends

    The market for refurbished medical devices in Japan is expanding significantly due to a number of causes. The growing need for reasonably priced healthcare solutions is one of the main factors propelling the market. Hospitals and clinics in Japan are looking for affordable medical equipment as a result of the country's aging population and growing healthcare expenses.

    As a sign of its dedication to sustainable healthcare practices, the Japanese government is aggressively encouraging the use of recycled medical equipment to improve medical accessibility while lowering costs. The market for reconditioned medical equipment in Japan is growing as more healthcare organizations seek to cut costs without sacrificing quality.

    Maintaining effective healthcare services, particularly in rural regions, requires high-quality equipment at lower costs, which is why the trend toward medical device refurbishment offers a workable option.

    Furthermore, it is now easier to make sure that these gadgets fulfill the required regulatory criteria thanks to the continuous technological improvements that enable more effective refurbishing procedures.

    Purchase decisions have been influenced by healthcare professionals' growing understanding of the advantages of refurbished gadgets in recent years. Because of their sustainability benefits and reduced environmental impact, hospitals are more willing to use refurbished equipment, which is in line with Japan's national push for eco-friendly practices.

    Furthermore, as more businesses join the reconditioned medical equipment market, the competitive environment is changing, spurring innovation and enhancing service provisions. The focus on environmental and economic sustainability is probably going to keep influencing the developments in the Japanese market for reconditioned medical equipment.

    Market Segment Insights

    Japan Refurbished Medical Devices Market Segment Insights

    Japan Refurbished Medical Devices Market Segment Insights

    Refurbished Medical Devices Market Diagnostic Devices Insights

    Refurbished Medical Devices Market Diagnostic Devices Insights

    The Diagnostic Devices segment within the Japan Refurbished Medical Devices Market is witnessing notable growth, driven by rising demand for cost-effective yet efficient medical solutions.

    As the healthcare sector in Japan continues to expand, the importance of refurbished diagnostic devices such as X-ray machines, CT Scanners, and MRI Machines has gained traction due to their affordability and decreased lead times for hospitals.

    These technologies enable healthcare facilities to maintain high standards while managing budgets effectively, making them a significant choice among providers.

    The continued emphasis on non-invasive diagnostic techniques bolsters the appeal of Ultrasound Systems, which remain popular for prenatal care and other applications in medical diagnostics. Furthermore, ECG Systems and Patient Monitors play crucial roles in critical care settings, ensuring that healthcare professionals have timely access to patient data, which is essential for effective treatment.

    Refurbished Medical Devices Market Therapeutic Devices Insights

    Refurbished Medical Devices Market Therapeutic Devices Insights

    The Japan Refurbished Medical Devices Market, particularly within the Therapeutic Devices segment, is marked by a growing demand for effective healthcare solutions amid an aging population and rising healthcare expenditure.

    Essential devices like Heart-Lung Machines and Defibrillators play critical roles in surgical and emergency care, driving the market's interest due to their advanced functionalities and reliability. Coagulation Analyzers are vital for patient management, particularly in surgeries and chronic conditions, ensuring effective monitoring and treatment plans.

    Infant Incubators and Warmers stand out for their importance in neonatal care, underscoring the need for advanced technology to improve survival rates for premature infants. Infusion Pumps continue to be significant, delivering precise medication dosages and improving patient outcomes in various healthcare settings.

    This pivotal segment is expected to witness continued growth, with increasing hospital investments in refurbished devices, as they offer cost-effective solutions while maintaining high-quality standards.

    Get more detailed insights about Japan Refurbished Medical Devices Market Research Report-Forecast to 2035

    Key Players and Competitive Insights

    The Japan Refurbished Medical Devices Market is characterized by a dynamic landscape that reflects the growing need for cost-effective healthcare solutions. With advancements in technology and increasing emphasis on sustainable practices, refurbished medical devices are becoming a popular alternative in the healthcare sector.

    The competitive environment is shaped by several key players who offer a range of products, ensuring compliance with rigorous safety and quality standards. The market is driven by a combination of innovation, stringent regulatory requirements, and an increasing focus on reducing healthcare costs, which incentivizes hospitals and clinics to consider refurbished options.

    Understanding the competitive insights in this market is essential for stakeholders looking to navigate the complexities of purchasing and utilizing refurbished medical equipment in Japan. Olympus has established a strong presence in the Japan Refurbished Medical Devices Market, focusing primarily on providing high-quality endoscopic solutions and other imaging technologies.

    With its reputation for excellence and reliability, Olympus benefits from a strong brand awareness and customer loyalty among healthcare professionals and institutions. The company's strength lies in its extensive experience in the medical devices sector, innovative approaches to refurbishing technology, and rigorous quality assurance processes.

    This allows Olympus to not only meet the needs of the current market but also to maintain a competitive edge by ensuring their refurbished devices are compliant with the latest industry standards. Their commitment to providing reliable and cost-effective solutions positions them favorably within the competitive landscape.

    Johnson and Johnson also hold a significant position in the Japan Refurbished Medical Devices Market, concentrating on a broad range of healthcare products, including surgical instruments and orthopedic devices.

    The company emphasizes its commitment to quality and safety through rigorous refurbishment processes that align with Japanese healthcare regulations. Key products and services offered by Johnson and Johnson in this market include advanced surgical tools and monitoring devices that are vital for enhancing patient care.

    The company has a well-established market presence bolstered by strategic mergers and acquisitions that enhance their technological capabilities and distribution networks within Japan. Their strengths lie in their vast resources, innovative research and development, and a robust supply chain, which enable Johnson and Johnson to deliver high-quality refurbished medical devices efficiently.

    Key Companies in the Japan Refurbished Medical Devices Market market include

    Industry Developments

    Japan's refurbished medical devices market has witnessed significant developments lately, driven by technological advancements and rising demand for cost-effective healthcare solutions. Olympus and Hitachi have increased their focus on sustainability, enhancing their refurbishment processes to cater to the growing market.

    In recent months, Fujifilm has introduced updated refurbished equipment aimed at improving imaging quality, thus expanding its market share among healthcare providers seeking budget-friendly alternatives. Furthermore, in March 2023, Siemens Healthineers announced a strategic partnership with local distributors to penetrate the refurbished devices sector more effectively.

    Mergers and acquisitions have also shaped the landscape, with GE Healthcare acquiring assets from a smaller competitor, escalating its presence in the refurbished market. Additionally, Nipro reported a growth increase in sales of refurbished devices by adopting innovative refurbishment technologies.

    Over the past two years, companies like Canon and Philips have made considerable investments in developing refurbishment facilities to meet Japan's stringent regulatory standards for medical equipment, contributing to a stronger market environment for refurbished devices. These initiatives reflect a push towards both economic and environmental sustainability in Japan’s healthcare system.

    Market Segmentation

    Outlook

    • Heart-Lung Machines
    • Coagulation Analyzers
    • Infant Incubators and Warmers
    • Defibrillators
    • Infusion Pumps

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 331.5(USD Million)
    MARKET SIZE 2024 369.9(USD Million)
    MARKET SIZE 2035 920.38(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 8.64% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Olympus, Johnson and Johnson, Hitachi, Canon, Fujifilm, Siemens Healthineers, Mizuho Medical, Stryker, Nipro, Philips, Terumo, Toshiba, Medtronic, SHIMADZU, GE Healthcare
    SEGMENTS COVERED Diagnostic Devices, Therapeutic Devices
    KEY MARKET OPPORTUNITIES Increasing demand for cost-effective solutions, Rising prevalence of chronic diseases, Expanding healthcare infrastructure, Government support for sustainability, Growing trend of telemedicine integration
    KEY MARKET DYNAMICS Rising healthcare costs, Increased demand for sustainability, Technological advancements in devices, Stringent regulatory requirements, Growing aging population
    COUNTRIES COVERED Japan

    FAQs

    What is the projected market size of the Japan Refurbished Medical Devices Market in 2024?

    The Japan Refurbished Medical Devices Market is expected to be valued at 369.9 million USD in 2024.

    What is the expected market size of the Japan Refurbished Medical Devices Market by 2035?

    By 2035, the market is projected to reach a value of 920.38 million USD.

    What is the expected compound annual growth rate (CAGR) for the Japan Refurbished Medical Devices Market from 2025 to 2035?

    The projected CAGR for the Japan Refurbished Medical Devices Market is 8.64% for the period from 2025 to 2035.

    Which diagnostic device segment has the highest market value in 2024 within the Japan Refurbished Medical Devices Market?

    The X-Ray Machines segment holds the highest market value at 80.0 million USD in 2024.

    What is the future market value of Ultrasound Systems in 2035 within the Japan Refurbished Medical Devices Market?

    The Ultrasound Systems segment is expected to reach a market value of 220.0 million USD by 2035.

    Who are the key players in the Japan Refurbished Medical Devices Market?

    Major players include Olympus, Johnson and Johnson, Hitachi, Canon, and Siemens Healthineers among others.

    What is the market value for CT Scanners in 2024 within the Japan Refurbished Medical Devices Market?

    The market value for CT Scanners in 2024 is estimated to be 70.0 million USD.

    What opportunities are driving growth in the Japan Refurbished Medical Devices Market?

    Key growth drivers include the increasing demand for cost-effective medical solutions and advancements in medical technology.

    What is the anticipated market size for MRI Machines by 2035 in the Japan Refurbished Medical Devices Market?

    The anticipated market size for MRI Machines is expected to reach 180.0 million USD by 2035.

    How does the ECG Systems segment perform in terms of market value in 2024?

    The ECG Systems segment is valued at 54.9 million USD in the year 2024.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials