Refurbished Mri Systems Market Analysis, Size and Forecast 2034
Global Refurbished MRI Systems Market Growth, Size, Trends Analysis- By Architecture, By Field Strength, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Sep-2025 | Report ID: MEDE2560 | Pages: 1 - 273 | Formats*: |
| Category : Medical Devices | |||
Global Refurbished MRI Systems Market Introduction and Overview
According to SPER Market Research, the Global Refurbished MRI Systems Market is estimated to reach USD 1388.81 million by 2034 with a CAGR 5.35%.
The report includes an in-depth analysis of the Global Refurbished MRI Systems Market, including market size and trends, product mix, Applications, and supplier analysis. The global Refurbished MRI Systems Market was valued at USD 824.7 million in 2024 and is expected to grow at a CAGR of over 5.35% from 2025 to 2034. The global demand for refurbished MRI systems is growing due to their cost-effectiveness and increasing need for healthcare services. High prices of new MRI machines and the expanding number of suppliers offering refurbished options are key drivers. These systems are restored to meet original safety and performance standards, making them a reliable choice for hospitals and diagnostic centers. MRI machines are widely used for diagnosing various conditions, offering greater safety than X-rays or CT scans by using magnetic fields and radio waves instead of ionizing radiation. Their clinical effectiveness and safety contribute to market growth alongside broader advances in medical technology.
By Architecture:
Closed MRI systems led the market in revenue share, as they are the traditional choice. However, they are often poorly tolerated by patients with claustrophobia and may cause discomfort or a sense of suffocation. As a result, companies are investing in research to develop advanced open MRI systems that offer greater patient comfort. While open systems are more spacious and better suited for larger patients, they typically produce lower-quality images than closed systems. Still, rising rates of obesity and increased demand for patient-friendly imaging are driving growth in the open MRI segment.
By Field Strength:
The mid-field strength segment led the market in revenue share, as these MRI systems offer a balance of image quality and affordability. They are well-suited for various diagnostic applications, including imaging of the brain, abdomen, and musculoskeletal system, making them ideal for smaller clinics with limited budgets. In contrast, the high-field strength segment is projected to grow most rapidly. These systems capture images faster, benefiting patients who struggle to remain still. High-field MRIs are also better suited for advanced studies like spectroscopy, enabling quicker scans and greater efficiency in clinical environments.
By End Use
Hospitals accounted for the largest revenue share, as refurbished MRI systems offer updated hardware and software, allowing advanced imaging without the cost of new equipment. Rising demand for affordable diagnostic solutions is driving continued market growth. Imaging centers are also expected to grow significantly, fueled by increasing demand for non-invasive diagnostics. Many specialists are opening cost-effective facilities, boosting adoption of refurbished systems. Additionally, government efforts to expand imaging services, especially in rural areas, are expected to further support market expansion during the forecast period.
Regional Insights:
North America led the refurbished MRI market, driven by the rising prevalence of chronic conditions such as cardiovascular diseases, breast cancer, and neurological disorders, which fuel demand for advanced imaging. The region is expected to maintain its leadership due to ongoing technological advancements and strong market presence. Numerous specialized companies in North America refurbish and sell MRI systems, often providing warranties and service agreements to ensure reliability. Meanwhile, Asia Pacific is projected to experience the fastest growth, supported by new regulations aimed at standardizing refurbished equipment. Emerging markets in the region present significant opportunities, particularly as healthcare infrastructure continues to develop.
Market Competitive Landscape:
The Refurbished MRI Systems Market is highly consolidated. Some of the market key players are Avante Health Solutions, CANON MEDICAL SYSTEMS CORPORATION, GE Healthcare, Integrity Medical Systems, Inc., Koninklijke Philips N.V., Radiology Oncology Systems, Siemens Healthineers.
Recent Developments:
In May 2023, Siemens Healthineers partnered with CommonSpirit Health to acquire Block Imaging, a provider of refurbished medical equipment and services, aiming to promote equipment reuse, enhance value for consumers, and reduce waste.
In January 2023, Radon Medical Imaging (Radon) acquired Premier Imaging Medical Systems, a company specializing in the sales and maintenance of new, used, and refurbished imaging and biomedical equipment.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Architecture, By Field Strength, By End Use |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Avante Health Solutions, CANON MEDICAL SYSTEMS CORPORATION, GE Healthcare, Integrity Medical Systems, Inc., Koninklijke Philips N.V., Radiology Oncology Systems, Siemens Healthineers. |
Key Topics Covered in the Report
- Global Refurbished MRI Systems Market Size (FY’2021-FY’2034)
- Overview of Global Refurbished MRI Systems Market
- Segmentation of Global Refurbished MRI Systems Market By Architecture (Closed System, Open System)
- Segmentation of Global Refurbished MRI Systems Market By Field Strength (Low Field Strength, Mid Field Strength, High Field Strength)
- Segmentation of Global Refurbished MRI Systems Market By End Use (Hospitals, Imaging Centers, Ambulatory Surgical Centers, Others)
- Statistical Snap of Global Refurbished MRI Systems Market
- Expansion Analysis of Global Refurbished MRI Systems Market
- Problems and Obstacles in Global Refurbished MRI Systems Market
- Competitive Landscape in the Global Refurbished MRI Systems Market
- Details on Current Investment in Global Refurbished MRI Systems Market
- Competitive Analysis of Global Refurbished MRI Systems Market
- Prominent Players in the Global Refurbished MRI Systems Market
- SWOT Analysis of Global Refurbished MRI Systems Market
- Global Refurbished MRI Systems Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape
5.3.PORTERs Five Forces
5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Refurbished MRI Systems Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Refurbished MRI Systems Market
7.Global Refurbished MRI Systems Market, By Architecture, (USD Million) 2021-2034
7.1.Closed System7.2.Open System
8.Global Refurbished MRI Systems Market, By Field Strength, (USD Million) 2021-2034
8.1.Low Field Strength8.2.Mid Field Strength8.3.High Field Strength
9.Global Refurbished MRI Systems Market, By End Use, (USD Million) 2021-2034
9.1.Hospitals9.2.Imaging Centers9.3.Ambulatory Surgical Centers9.4.Others
10.Global Refurbished MRI Systems Market, (USD Million) 2021-2034
10.1.Global Refurbished MRI Systems Market Size and Market Share
11.Global Refurbished MRI Systems Market, By Region, 2021-2034 (USD Million)
11.1.Asia-Pacific
11.1.1.Australia11.1.2.China11.1.3.India11.1.4.Japan11.1.5.South Korea11.1.6.Rest of Asia-Pacific
11.2.Europe
11.2.1.France11.2.2.Germany11.2.3.Italy11.2.4.Spain11.2.5.United Kingdom11.2.6.Rest of Europe
11.3.Middle East and Africa
11.3.1.Kingdom of Saudi Arabia11.3.2.United Arab Emirates11.3.3.Qatar11.3.4.South Africa11.3.5.Egypt11.3.6.Morocco11.3.7.Nigeria11.3.8.Rest of Middle-East and Africa
11.4.North America
11.4.1.Canada11.4.2.Mexico11.4.3.United States
11.5.Latin America
11.5.1.Argentina11.5.2.Brazil11.5.3.Rest of Latin America
12.Company Profile
12.1.Avante Health Solutions
12.1.1.Company details12.1.2.Financial outlook12.1.3.Product summary12.1.4.Recent developments
12.2.CANON MEDICAL SYSTEMS CORPORATION
12.2.1.Company details12.2.2.Financial outlook12.2.3.Product summary12.2.4.Recent developments
12.3.GE Healthcare
12.3.1.Company details12.3.2.Financial outlook12.3.3.Product summary12.3.4.Recent developments
12.4.Integrity Medical Systems, Inc.
12.4.1.Company details12.4.2.Financial outlook12.4.3.Product summary12.4.4.Recent developments
12.5.Koninklijke Philips N.V.
12.5.1.Company details12.5.2.Financial outlook12.5.3.Product summary12.5.4.Recent developments
12.6.Radiology Oncology Systems
12.6.1.Company details12.6.2.Financial outlook12.6.3.Product summary12.6.4.Recent developments
12.7.Siemens Healthineers
12.7.1.Company details12.7.2.Financial outlook12.7.3.Product summary12.7.4.Recent developments
12.8.Others
13.Conclusion
14.List of Abbreviations
15.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Refurbished Mri Systems Market is projected to reach USD 1388.81 million by 2034, growing at a CAGR of 5.35% during the forecast period.
Refurbished Mri Systems Market size from 2025. The Market is expected to reach USD 1388.81 million by 2034, at a CAGR of 5.35% during the forecast period.
Refurbished Mri Systems Market CAGR of 5.35% during the forecast period.
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Refurbished Mri Systems Market size is USD 1388.81 million from 2025 to 2034.
Refurbished Mri Systems Market covered By Architecture, By Field Strength, By End Use
The North America is anticipated to have the highest Market share in the Refurbished Mri Systems Market.
Avante Health Solutions, CANON MEDICAL SYSTEMS CORPORATION, GE Healthcare, Integrity Medical Systems, Inc., Koninklijke Philips N.V., Radiology Oncology Systems, Siemens Healthineers.
The report includes an in-depth analysis of the Global Refurbished MRI Systems Market, including market size and trends, product mix, Applications, and supplier analysis.
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