Refurbished MRI Systems Market Report 2025

This Refurbished MRI Systems market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The refurbished mri systems market size has grown rapidly in recent years. It will grow from $0.77 billion in 2024 to $0.85 billion in 2025 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to the need for cost-effective solutions, limitations in healthcare budgets, rise in overall healthcare expenditures, increasing prevalence of chronic diseases, and demand for advanced diagnostic tools.

The refurbished mri systems market size is expected to see rapid growth in the next few years. It will grow to $1.27 billion in 2029 at a compound annual growth rate (CAGR) of 10.4%. The growth in the forecast period can be attributed to rising demand for affordable medical devices, increasing awareness about healthcare benefits, expanding aging population demographics, government initiatives to improve healthcare, and efforts to improve healthcare access. Major trends in the forecast period include technological advancements in refurbishment processes, rising availability of certified pre-owned MRI systems, expansion of independent refurbishing companies, enhanced focus on sustainability and eco-friendly practices, and growth in online sales channels and platforms.

The growing demand for healthcare services is expected to drive the growth of the refurbished MRI systems market in the coming years. Healthcare services include a wide range of medical and wellness treatments, such as preventive, diagnostic, therapeutic, and palliative care, aimed at maintaining or improving individuals' health. Several factors contribute to the increasing demand for healthcare services, including an aging population, the rise in chronic diseases, advancements in medical technology, and broader healthcare access. Refurbished MRI systems help address this growing demand by offering affordable, high-quality imaging solutions that improve diagnostic capabilities and make healthcare more accessible. For example, in June 2024, Health Affairs, a US-based academic journal, reported that national healthcare spending in the U.S. is projected to increase from $4.79 trillion in 2023 to $5.04 trillion in 2024, reflecting a rise of approximately $249.5 billion. As a result, the increasing demand for healthcare services is fueling the growth of the refurbished MRI systems market.

Leading companies in the refurbished MRI systems market are increasingly focusing on developing high-resolution imaging technologies, such as gradient technology, to strengthen their competitive edge. Gradient technology in MRI plays a key role in producing detailed images by generating controlled variations in the magnetic field. For example, in March 2024, Arnica HealthTech, an India-based provider of MRI systems, launched the Avanto Refurbished Siemens MRI Machine, which delivers high-quality medical imaging at a more affordable cost. The Avanto model is known for its exceptional image quality and patient-centric design. It features Tim technology for quicker scans, Magnetom gradients for high-resolution imaging, and advanced capabilities like diffusion-weighted and perfusion imaging. Additionally, the machine enhances patient comfort with a wide bore, noise reduction, and mood lighting to create a more relaxing environment.

In May 2023, Siemens Healthineers and CommonSpirit Health jointly acquired Block Imaging to address the growing need for sustainable options and multi-vendor imaging parts and services in the United States. This acquisition strengthens their ability to meet the increasing demand for refurbished medical imaging equipment from hospitals, health systems, and other care facilities. Block Imaging is a renowned provider of refurbished medical imaging equipment based in the US.

Major companies operating in the refurbished mri systems market are Hitachi Ltd., Siemens Healthineers, Koninklijke Philips N.V., GE Healthcare, Hologic Inc., Canon Medical Systems Corporation, Shimadzu Corporation, Onex Corporation (Carestream Health), Cameco Corp., Barco N.V., First Source Inc., Oxford Instruments Healthcare, Esaote SpA, Nordion Inc., Block Imaging International Inc., Meridian Leasing, Radio Oncology Systems Inc., Soma Technology Inc., Amber Diagnostics, Innovative Imaging Technologies, Avante Health Solutions, Integrity Medical Systems Inc., LBN Medical, DirectMed Parts & Service LLC, EverX Pty Ltd., Atlantis Worldwide LLC, BMI Biomedical International, TRACO Medical, Tekyard Medical.

North America was the largest region in the refurbished MRI systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the refurbished mri systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the refurbished mri systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Refurbished magnetic resonance imaging (MRI) systems are previously owned MRI machines that have undergone maintenance and upgrades to ensure optimal functionality. These systems are utilized for diagnostic imaging in medical facilities seeking cost-effective solutions to enhance their imaging capabilities.

The main types of architecture found in refurbished MRI systems are closed systems and open systems. Closed-system MRI scanners encompass machines where the magnet surrounds the patient entirely. They come in various field strengths including low-field strength, mid-field strength, and high-field strength. These systems are utilized by various end users such as hospitals, imaging centers, ambulatory surgical centers, and others.

The refurbished MRI systems market research report is one of a series of new reports that provides refurbished MRI systems market statistics, including refurbished MRI systems industry global market size, regional shares, competitors with a refurbished MRI systems market share, detailed refurbished MRI systems market segments, market trends and opportunities, and any further data you may need to thrive in the refurbished MRI systems industry. This refurbished MRI systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The refurbished MRI systems market consists of sales of extremity MRI systems, mobile MRI Systems, and Tesla MRI Systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.