US Refurbished Medical Devices Market

ID: MRFR/MED/11869-CR

100 Pages

Garvit Vyas

December 2023

US Refurbished Medical Devices Market Research Report Information By Diagnostic Devices (X-Ray Machines, CT Scanners, Ultrasound System, MRI Machines, ECG Systems, And Patient Monitors), By Therapeutic Devices (Heart-Lung Machines, Coagulation Analysers, Infant Incubators and Warmers, Defibrillators, and Infusion Pumps), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2035

US Refurbished Medical Devices Market Infographic

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Summary Download PDF

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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US Refurbished Medical Devices Market Summary

The US refurbished medical devices market is projected to grow from 12.5 USD billion in 2024 to 25 USD billion by 2035.

Key Market Trends & Highlights

US Refurbished Medical Devices Key Trends and Highlights

The market is expected to achieve a compound annual growth rate of 6.5 percent from 2025 to 2035.
By 2035, the market valuation is anticipated to reach 25 USD billion, indicating robust growth potential.
The market is currently valued at 12.5 USD billion in 2024, reflecting a strong foundation for future expansion.
Growing adoption of refurbished medical devices due to cost-effectiveness is a major market driver.

US Refurbished Medical Devices Market

CAGR

6.5%

Market Size & Forecast

2024 Market Size	12.5 (USD Billion)
2035 Market Size	25 (USD Billion)
CAGR (2025 - 2035)	6.5%

Major Players

Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

Key Companies in the US Refurbished Medical Devices Market market include

FAQs

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

The US Refurbished Medical Devices Market is expected to be valued at 2.59 billion USD in 2024.

How much is the US Refurbished Medical Devices Market projected to be worth by 2035?

By 2035, the market is projected to reach a value of 6.77 billion USD.

What is the expected CAGR for the US Refurbished Medical Devices Market from 2025 to 2035?

The expected CAGR for the market from 2025 to 2035 is 9.129 percent.

Which diagnostic device sub-segment holds the largest market share in 2024?

In 2024, the X-Ray Machines sub-segment holds the largest market share, valued at 0.76 billion USD.

What is the market size for CT Scanners in 2024?

The market size for CT Scanners in 2024 is expected to be 0.61 billion USD.

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

Major players in the market include Cure Medical, Johnson and Johnson, Philips Healthcare, and Siemens Healthineers.

What is the anticipated market size for Ultrasound Systems by 2035?

The market size for Ultrasound Systems is anticipated to reach 1.42 billion USD by 2035.

What challenges does the US Refurbished Medical Devices Market face?

Challenges include regulatory hurdles and maintaining quality standards in refurbished devices.

What is the projected market value for MRI Machines in 2035?

The projected market value for MRI Machines by 2035 is 1.2 billion USD.

How much will the ECG Systems market be worth in 2035?

The ECG Systems market is expected to be worth 0.68 billion USD in 2035.

What is the expected market size of the US Refurbished Medical Devices Market in 2024?

The US Refurbished Medical Devices Market is expected to be valued at 2.75 billion USD in 2024.

What will the market size of the US Refurbished Medical Devices Market be by 2035?

By 2035, the US Refurbished Medical Devices Market is projected to grow to 6.5 billion USD.

Which segment of the market holds the largest share, particularly in diagnostic devices?

In terms of diagnostic devices, CT Scanners are expected to dominate the market with a valuation of 0.5 billion USD in 2024.

What is the market value of ECG Systems in the US Refurbished Medical Devices Market for 2024?

The ECG Systems segment is valued at 0.2 billion USD in 2024.

What is the expected growth in market value for MRI Machines from 2024 to 2035?

The market for MRI Machines is projected to grow from 0.7 billion USD in 2024 to 1.8 billion USD by 2035.

What is the projected market size for Ultrasound Systems in 2035?

The Ultrasound Systems segment is expected to reach a valuation of 1.45 billion USD by 2035.

How is the market anticipated to change for X-Ray Machines from 2024 to 2035?

The X-Ray Machines market is forecasted to grow from 0.75 billion USD in 2024 to 1.75 billion USD by 2035.

What current trends are influencing the US Refurbished Medical Devices Market?

Emerging trends include increasing demand for cost-effective healthcare solutions and advancements in refurbishment technologies.

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