The Mexico Diagnostic Imaging Equipment market is segmented by modality (x-ray, MRI, Ultrasound, Computed Tomography, Nuclear Imaging, Fluoroscopy, and Mammography), application (Cardiology, Oncology, Neurology, Orthopedics, and Other Applications), and end-user (hospitals, diagnostic centers, and others). The report offers the value in ( USD million) for the above segments.

Global Diagnostic Imaging Equipment Market was valued at $25.37 Billion in 2023, and is projected to reach $43.30 Billion by 2032, at a CAGR of 6.12%.

The Refurbished Medical Imaging Equipment Market approximate to surpass USD 33.78 billion, with a forecasted CAGR of 7.4% By 2034

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Refurbished Medical Imaging Equipment Market Size 2024-2028

The refurbished medical imaging equipment market size is forecast to increase by USD 6.74 billion at a CAGR of 8.09% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing demand for cost-effective and efficient medical imaging solutions. This trend is particularly prominent in the US market, where healthcare providers are seeking to reduce expenses without compromising patient care. Another key factor fueling market expansion is the growing adoption of eco-friendly practices in the healthcare industry. Refurbished medical imaging equipment offers an attractive alternative to new devices, as it reduces the carbon footprint associated with manufacturing and disposal. The preference for advanced digital X-ray systems is on the rise due to their superior image quality and versatility. However, the market also faces challenges, including the negative perception of end-users towards refurbished equipment. Some stakeholders harbor concerns about the reliability and quality of refurbished devices, which can hinder market penetration. To overcome this hurdle, market participants must focus on enhancing the transparency of their refurbishment processes and providing strong warranties and support services. By addressing these challenges and capitalizing on the market's growth drivers, companies can effectively capitalize on the opportunities presented by the market.

What will be the Size of the Market during the forecast period?

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The market encompasses the sale and maintenance of pre-owned diagnostic tools, primarily in the healthcare sector. With the global burden of chronic diseases on the rise, the demand for cost-effective medical imaging solutions has increased. Refurbishment offers tax benefits for healthcare providers, enabling them to acquire advanced technology while adhering to capital budget constraints. Diagnostic players, IVD and laboratories, surgical and therapeutic facilities, and patient monitoring units increasingly turn to refurbished equipment for cardiology, ecofriendly practices, and chronic condition management.
Outsourcing contracts for maintenance and warranty services further boosts market growth. Regulatory standards ensure quality assurance, while emerging economies' increasing focus on sustainability fuels adoption rates. Despite budget constraints, the market's size and direction remain strong, with medical imaging continuing to play a crucial role in disease diagnosis and treatment.

How is this Refurbished Medical Imaging Equipment Industry segmented?

The refurbished medical imaging equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  X-ray imaging
  Ultrasound systems
  MRI
  CT scanner imaging
  SPECT/ PET scanners


End-user

  Hospitals
  Diagnostic centers


Geography

  North America

    US


  Europe

    Germany
    UK


  Asia
  Rest of World (ROW)

By Product Insights

The X-ray imaging segment is estimated to witness significant growth during the forecast period. X-ray imaging, a non-invasive diagnostic technique, accounts for over 50% of imaging procedures in healthcare settings. These systems are increasingly used in various clinical, scientific, and industrial applications. The demand for refurbished X-ray equipment, such as X-ray machines and C-arms, is growing due to budget constraints and the availability of tax benefits. Refurbished equipment undergoes rigorous quality assurance processes to meet regulatory standards, ensuring patient safety and diagnostic accuracy. Key chronic diseases like cardiovascular diseases and dental conditions significantly contribute to the demand for medical imaging, including X-ray systems.

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The X-ray imaging segment was valued at USD 2.79 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Asia is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American market for refurbished medical imaging equipment is primarily driven by the rise in chronic diseases such as cardiovascular diseases, musculoskeletal disorders, and cancer. Favorable regulatory policies and cost savings from using refurbished equipment are additional factors contributing to its growth. The US dominates this market due to the absence of restrictions on the sale, purchase, and

The Asia Pacific Diagnostics Imaging Equipment Market Report is segmented by Product (MRI, Computed Tomography, Ultrasound, X-Ray, Nuclear Imaging, Fluoroscopy, and Mammography), Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Other Applications), End-User (Hospital, Diagnostic Centers, Others) and Geography (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific). The market size and forecast values are provided in terms of (USD) for all the above segments.

The India Diagnostic Imaging Equipment Market is Segmented by Product Type (MRI, Computed Tomography, Ultrasound, X-Ray, Nuclear Imaging, Other Modalities), Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, Other Applications), End-User (Hospital, Diagnostic Centers, Other End-Users). The Report Offers the Value (in USD Million) for the Above Segments.

Medical imaging equipment market is projected to register a CAGR of 5.3% to reach USD 74,216.80 Million by 2032 according to Polaris Market Research.

In 2021, the global medical imaging equipment market was valued at approximately 38.4 billion U.S. dollars. By 2026, the market was forecast to reach almost 48.6 billion U.S. dollars.

India Diagnostic Imaging Equipment Market Outlook 2031

The India Diagnostic Imaging Equipment Market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 10.3% during 2023–2031. The growth of the market is attributed to the increasing elderly population and rising investment in the healthcare infrastructure.



Diagnostic medical imaging is a technique that visualize physical diagnosis with help of electromagnetic radiation. This imaging equipment is used for the diagnosis of disease and to determine appropriate treatment decisions. Diagnostic imaging is useful for the clinical examination and medical implant, and the visual representation of the function of organs or tissues in the human body.

Diagnostic imaging consists of different radiological imaging equipment, such as MRI, X-ray, ultrasound, and CT scan portable systems. Multiple-use units such as digital fluoroscopy and radiography systems are also used in the hospitals and clinics.



CT scan and MRI systems are the most commonly used diagnostic imaging equipment. These equipment are used for the detection of the medical conditions by reducing the unnecessary invasive exploratory processes and to improvise patient health diagnostic imaging equipment. Diagnostic imaging also includes calculations and recording techniques to produce data that is often represented in graph form.

India Diagnostic Imaging Equipment Market Trends, Drivers, Restraints, and Opportunities

• Increasing incidence of chronic diseases, such as cancer, cardiovascular disord

Medical imaging equipment Market is size is valued at USD 74,216.80 Million by 2032 and CAGR 5.3% Market by Indications by Distribution Channels.

The Medical Imaging Equipment Market size was valued at USD 38.16 USD Billion in 2023 and is projected to reach USD 58.14 USD Billion by 2032, exhibiting a CAGR of 6.2 % during the forecast period.Medical imaging is the activity responsible for making images of the human body for installative or research issues. Through diagnostics, it enables to explore and discover ailments as well as provides detailed information in medical training. Likewise, health service professionals have instant access to the disease condition, thus allowing for a better quality of care to the patients. With the advent of advanced medical imaging technology and equipment, medical professionals are now getting unsurpassed aid for early detection and treatment of disease that were unthinkable few years ago. The Medical Imaging Equipment category features collections of Ultrasound Machines, Mammography Systems, Colposcopes, and X-ray machines. The end users of the different Medical Equipment include radiologists among others, Angiography, Mobile radiography, Fluoroscopy, and Trauma radiography are few. Medical imaging will allow the doctors to be better docs and they will easily able to see the patients bones, organs, tissue structures and blood vessels through non-invasive way. Procedural Medicine, as well as other processes, give the competency to the healthcare workers to diagnose and treat various health conditions precisely. Specifically targeting tumors, discovering blood clots, and guiding doctors with joint problems, these instruments are used to pinpoint disease and injury. These techniques are one of the instruments by which healthcare providers endeavor to make sure that the patients get the best treatments that will ultimately lead to good and favorable outcome. to utilize the robotic assistants in surgeries, including stent or catheter placement; and if fractures and further procedures are required. Key drivers for this market are: Introduction of Technologically Advanced Systems to Propel Market Growth. Potential restraints include: Frequent Product Recalls to Hinder Market Growth. Notable trends are: Increasing Number of Hospitals and ASCs Identified as Significant Market Trend.

The Report Covers the Diagnostic Imaging Market Size and Share and It is Segmented by Modality (MRI, Computed Tomography, Ultrasound, X-Ray, Nuclear Imaging, Fluoroscopy, and Mammography), Application (Cardiology, Oncology, Neurology, Orthopedics, Gastroenterology, Gynecology, and Other Applications), End Users (Hospitals, Diagnostic Centers and Other End Users) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Market Size is Provided in Terms of Value (in USD) During the Projected Period for the Above Segments

The medical imaging equipment services market size was over USD 20.61 million in 2024 and is anticipated to cross USD 36.07 million by 2037, witnessing more than 4.4% CAGR during the forecast period i.e., between 2025-2037. North America industry is anticipated to hold largest revenue share of 36% by 2037, accredited to rising cases of cancer and cardiovascular diseases as well as rising technological innovations in medical imaging equipment in the region.

The Brazil Diagnostic Imaging Equipment Market Report is Segmented by Modality (MRI, Computed Tomography, Ultrasound, X-Ray, Nuclear Imaging, Fluoroscopy, and Mammography), Application (Cardiology, Oncology, Neurology, Orthopedics, and Other Applications), and End User (Hospitals, Diagnostic Centers, and Other End Users). The Report Offers the Value (in USD Million) for the Above Segments.

The size and share of the market is categorized based on Application (Radiology/Oncology, Cardiology, Obstetrics & Gynecology, Mammography/Breast, Emergency Medicine) and Product (2D, 3D&4D, Doppler) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The size and share of the market is categorized based on Type (Original Equipment Manufacturers, Independent Service Providers) and Application (Hospitals, Diagnostic Centers, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The UAE Diagnostic Imaging Equipment Market is estimated to grow at a CAGR of around 3.5% during the forecast period 2024-30. The market has been experiencing substantial growth fueled by the rising prevalence of chronic diseases & advancements in imaging technologies.

The Medical Imaging Equipment Market is projected to grow at 5.6% CAGR, reaching $60.89 Billion by 2029. Where is the industry heading next? Get the sample report now!

Global Medical Imaging Equipment market size 2025 was XX Million. Medical Imaging Equipment Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Medical Imaging Equipment Services Market size was valued at USD 22.42 Billion in 2023 and is projected to reach USD 31.08 Billion by 2031, growing at a CAGR of 4.60% during the forecast period 2024-2031.

Global Medical Imaging Equipment Services Market Drivers

The market drivers for the Medical Imaging Equipment Services Market can be influenced by various factors. These may include:

Technological Advancements: As MRI, CT, and ultrasound technologies continue to advance, there is a growing need for routine maintenance and equipment updates to maintain optimal performance and compliance with current standards.

Growing Prevalence of Chronic problems: As a result of the increased need for routine diagnostic imaging due to the growing prevalence of chronic problems like cancer, cardiovascular disease, and neurological disorders, there is a greater need for imaging equipment services.

Growing Geriatric Population: As the world’s population ages, there is an increasing need for medical imaging since elderly people often need diagnostic tests more frequently, which increases the requirement for equipment upkeep and servicing.

Regulations: Tight guidelines and standards governing the functionality and security of medical imaging equipment necessitate routine upkeep, which propels the market.
Development of Healthcare Infrastructure: As healthcare infrastructure grows, especially in emerging markets, more medical imaging equipment is being installed, which in turn raises the need for related services.
Emphasis on Preventive Maintenance: In order to minimise equipment downtime, increase the longevity of imaging equipment, and guarantee continuous services, healthcare providers are placing a greater emphasis on preventive maintenance, which is propelling the market for these services.
Cost-Effectiveness of Outsourcing: Healthcare facilities can often save money by contracting with specialised third-party vendors for imaging equipment maintenance services, which is fueling the expansion of the service market.
Growth in Diagnostic Imaging Procedures: As a result of improvements in medical technology and higher public awareness of healthcare, there is an increasing need for routine imaging equipment maintenance and calibration.
Insurance and Reimbursement Policies: When diagnostic imaging treatments are covered by favourable insurance and reimbursement policies, more imaging equipment is used, which raises the need for maintenance and repair services.
Vendor Consolidation and Service Expansion: Leading suppliers in the industry are growing their service offerings and streamlining their footprints by providing all-inclusive service packages that encompass a broad spectrum of imaging equipment. This is propelling the market’s expansion.