North America Refurbished Medical Devices Market Report

North America Refurbished Medical Devices Market Size

The North America refurbished medical devices market size was valued at USD 4.35 billion in 2024. The market was worth USD 4.88 billion in 2025 and is estimated to be growing at a CAGR of 12.12% to reach 14.06 billion by 2033.

North America leads the refurbished medical devices market due to the increasing trend of medical tourism and the growing privatization of the healthcare sector in this region. The refurbishment procedure consists of an initial physical check, analysis of all devices parameters, the substitution of non-functioning components and parts, checking & setting of all accessories, peripherals, and units, recording of all alterations made in the device, and sanction by the quality control department. The devices that are generally refurbished are intended to have long-use periods.

Factors such as the utmost reasonable and feasible alternative to costly high-end equipment, decrease in electronic and toxic waste, e-Marketing are enhancing the growth of this market and the increase in the number of the patient population are some of the reasons which are fuelling the market growth. Though, huge taxes imposed on the import of medical devices, lack of standardized refurbishment processes, lack of awareness for refurbished devices, and reluctance towards the purchase of refurbished devices are some of the reasons hindering the growth of this market.

REPORT COVERAGE

REGIONAL ANALYSIS

The patient monitor device segment holds the major share in the market due to the less cost of the product, growing awareness for chronic diseases and technological developments such as innovations of portable patient monitoring devices.

The USA is the leading market for refurbished medical devices due to better healthcare infrastructure.

KEY MARKET PLAYERS

Companies playing a dominant role in North America Refurbished Medical Devices Market include

• Siemens Healthcare Systems
• First Source Inc.
• DMS Topline
• Radio Oncology Systems Inc.
• Johnson & Johnson
• GE Healthcare
• DRE Inc.
• Block Imaging International Inc.
• Integrity Medical Systems Inc.
• Everx Pvt Ltd.
• Philips Healthcare
• Agito Medical A/S
• Soma Technology

MARKET SEGMENTATION

This research report on the global refurbished medical devices market has been segmented and sub-segmented based on product type and region.

By Product Type

• Operating Room Devices & Surgical Devices
• Patient Monitors
• Defibrillators
• Neurology Devices
• Medical Imaging Devices
• Cardiovascular & Cardiology Devices
• IV Therapy Systems
• Endoscopy Devices
• Intensive Care Systems
• Neonatal Intensive-Care Devices
• Other Medical Devices

By Country

• The United States
• Canada
• Rest of North America