Global Pre-Owned Medical Devices Market to Reach USD 17.5 Billion by 2033, Propelled by Increasing Demand for RPM Solutions

November 22, 2024 | Healthcare

According to the latest report by IMARC Group, titled “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), End User (Hospitals, Clinics), and Region 2025-2033,” the global pre-owned medical devices market size reached USD 7.7 Billion in 2024. Pre-owned medical devices are medical equipment or instruments that have been previously owned and utilized by healthcare facilities and medical professionals. They include diagnostic, therapeutic, monitoring, surgical, and imaging devices. They can be retired from a healthcare facility due to upgrades, requirements, and changes in technology.

Global Pre-Owned Medical Devices Market Trends:

The increasing requirement for remote patient monitoring (RPM) solutions to help healthcare providers in freeing up resources for treating critical and existing patients and providing more timely and efficient care represents one of the major factors driving the demand for pre-owned medical devices around the world. Moreover, the surging prevalence of lifestyle diseases and viral infections, and rising aging population, which is more susceptible to these ailments, is augmenting the market growth. In addition, the growing usage of pre-owned medical devices by academic institutions and research facilities for training, experimentation, and educational purposes, which allow students and researchers to gain experience is influencing the market positively. Apart from this, the increasing adoption of pre-owned medical devices in public and private hospitals or clinics in rural areas to make medical equipment more accessible to patients is propelling the growth of the market. Looking forward, the market value is projected to reach USD 17.5 Billion by 2033, expanding at a CAGR of 9.49% during 2025-2033.

Market Summary:

  • Based on the source, the market has been segregated into X-ray, mammography machines, CT machines, MRI machines, ultrasound machines, nuclear imaging and medicine devices, and C-arm devices. CT machines currently account for the biggest share in the market.
  • Based on the end user, hospitals dominate the market, followed by clinics.
  • Region-wise, the market has been segmented into North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, North America enjoys the leading position in the market.
  • The competitive landscape of the market has also been examined, with some of the key players being Advanced Ultrasound Systems, Block Imaging International Inc., Canon Medical Systems Corporation (Canon Inc.), EverX Pty Ltd, GE HealthCare Technologies Inc (General Electric Company), Integrity Medical Systems Inc., Koninklijke Philips N.V., Probo Medical LLC, Siemens Healthineers AG (Siemens AG), and Soma Tech Intl.


Report Scope:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Types Covered X-ray, Mammography Machines, CT Machines, MRI Machines, Ultrasound Machines, Nuclear Imaging and Medicine Devices, C-arm Devices
End Users Covered Hospitals, Clinics
Regions Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Advanced Ultrasound Systems, Block Imaging International Inc., Canon Medical Systems Corporation (Canon Inc.), EverX Pty Ltd, GE HealthCare Technologies Inc (General Electric Company), Integrity Medical Systems Inc., Koninklijke Philips N.V., Probo Medical LLC, Siemens Healthineers AG (Siemens AG), Soma Tech Intl, etc.
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Global Pre-Owned Medical Devices Market to Reach USD 17.5 Billion by 2033, Propelled by Increasing Demand for RPM Solutions
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