[Latest] Global Refurbished Laboratory Equipment Market Size/Share Worth USD 38.6 Billion by 2034 at a 6.1% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Refurbished Laboratory Equipment Market size & share revenue was valued at approximately USD 24.9 Billion in 2024 and is expected to reach USD 26.1 Billion in 2025 and is expected to reach around USD 38.6 Billion by 2034, at a CAGR of 6.1% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Thermo Fisher Scientific Inc, American Laboratory Trading Inc., ARC Scientific LLC, American Instrument Exchange, SpectraLab Scientific Inc., GenTech Scientific., International Equipment Trading Ltd., Copia Scientific Inc, Cambridge Scientific, and others.
Austin, TX, USA, March 06, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Refurbished Laboratory Equipment Market Size, Trends and Insights By Product (Analytical Equipment/Clinical Equipment, Chromatography Systems, Spectroscopy Instruments, Mass Spectrometers, Thermal Analyzers, Immunoassay Analyzers, Blood Gas Analyzers, Coagulation Analyzers, Others (elemental analyzers, particle size analyzers, etc.), General Equipment, Centrifuges, Incubators, Ovens, Autoclaves, Safety cabinets, Others (balances & scales, shakers & stirrers, etc.), Specialty Equipment, DNA Sequencers, PCR Instruments, Flow Cytometers, Microscopes, Bioreactors, Others (microplate readers, x-ray diffraction systems, etc.,), Support Equipment), By End-user (Healthcare Facilities, Pharmaceutical & Biotechnology Companies, Academic & Research Institutions, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034” in its research database.
“According to the latest research study, the demand of global Refurbished Laboratory Equipment Market size & share was valued at approximately USD 24.9 Billion in 2024 and is expected to reach USD 26.1 Billion in 2025 and is expected to reach a value of around USD 38.6 Billion by 2034, at a compound annual growth rate (CAGR) of about 6.1% during the forecast period 2025 to 2034.”
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Refurbished Laboratory Equipment Market Growth Factors and Dynamics
The Refurbished Laboratory Equipment Market offers a plethora of growth prospects, particularly in emerging markets. The demand for cost-effective laboratory solutions is rising as the healthcare and research sectors in countries throughout the Asia Pacific, Latin America, and the Middle East experience accelerated expansion.
This allows suppliers to capitalize on these expanding markets by offering refurbished equipment consistent with local regulatory standards and budget constraints. Furthermore, the healthcare sector increasingly emphasizes the importance of providing high-quality, efficient services within budgetary constraints.
Consequently, there is a growing opportunity for refurbished equipment to bridge the divide between advanced technology and affordability.
Additionally, the increasing prevalence of sustainable practices in various sectors generates a substantial opportunity for refurbished laboratory equipment. The demand for refurbished products, particularly those that adhere to environmental regulations, has increased due to the increasing number of organizations implementing green policies and reducing their carbon footprints.
This is accompanied by a growing preference for circular economy models, which involve product reuse, refurbishment, and resale to extend their lifespan. By providing a selection of high-quality products with a reduced environmental impact, companies specializing in refurbished laboratory equipment can take advantage of this sustainability movement.
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Additionally, the global accessibility of refurbished equipment has been facilitated by the proliferation of online marketplaces and the Internet. A wide variety of refurbished products is now available to buyers from various regions, and the refurbishment process is being improved through advanced technologies like artificial intelligence (AI).
In addition to enhancing the quality of refurbished laboratory equipment, these technological advancements also present an opportunity for growth in new consumer segments, particularly in the fields of medical diagnostics and biotechnology research.
Report Scope
| Feature of the Report | Details |
| Market Size in 2025 | USD 26.1 Billion |
| Projected Market Size in 2034 | USD 38.6 Billion |
| Market Size in 2024 | USD 24.9 Billion |
| CAGR Growth Rate | 6.1% CAGR |
| Base Year | 2024 |
| Forecast Period | 2025-2034 |
| Key Segment | By Product, End-user and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your research requirements. |
(A free sample of the Refurbished Laboratory Equipment report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
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- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Refurbished Laboratory Equipment report has been modified to include the COVID-19 impact study prior to delivery.)
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Refurbished Laboratory Equipment Market Obstacles
Although the market for refurbished laboratory equipment is on the brink of expansion, numerous obstacles remain to overcome. The regulatory obstacles that are associated with the sale and purchase of refurbished medical devices and laboratory equipment are one of the primary concerns.
Healthcare institutions and laboratories are responsible for guaranteeing that refurbished equipment adheres to rigorous safety and performance standards, which may differ considerably among different regions. The guidelines of regulatory bodies in various countries may differ, and suppliers may incur time and expense to comply with these regulations.
Another obstacle is the perception of risk among prospective purchasers. Some purchasers continue to perceive refurbished equipment as a potential liability despite the rigorous testing and certification processes that are implemented by reputable refurbishers.
This is especially true in disciplines such as clinical diagnostics, where equipment reliability is paramount. Suppliers must prioritize transparency by providing detailed information regarding the refurbishment process, warranties, and certifications to mitigate this issue. This will foster trust and confidence in their products.
In summary, the Refurbished Laboratory Equipment Market faces numerous obstacles; however, the growing demand for cost-effective, sustainable, and dependable alternatives to new equipment presents significant opportunities.
The market’s future will be contingent upon removing regulatory obstacles, improving product quality, and educating potential purchasers about refurbished instruments’ advantages.
The Refurbished Laboratory Equipment Market can continue to expand and contribute to the global advancement of scientific research, healthcare, and innovation by overcoming these obstacles. Find out more about the Laboratory Equipment Market to gain a more comprehensive understanding of this expanding market.
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Key questions answered in this report:
- What is the size of the Refurbished Laboratory Equipment market and what is its expected growth rate?
- What are the primary driving factors that push the Refurbished Laboratory Equipment market forward?
- What are the Refurbished Laboratory Equipment Industry's top companies?
- What are the different categories that the Refurbished Laboratory Equipment Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Refurbished Laboratory Equipment market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2025−2034
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Refurbished Laboratory Equipment Market Regional Analysis
North America dominates the global market
Based on region, the global Refurbished Laboratory Equipment market share is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is the largest global market shareholder and is anticipated to demonstrate a compound annual growth rate (CAGR) of 8.3% during the forecast period.
One of the most distinguishing characteristics of North America is the presence of a significant number of reputable businesses that specialize in the fields of pharmaceuticals, biotechnology, and medical equipment. This is one of the continent’s most distinctive features.
Moreover, it is anticipated that pharmaceutical and life sciences enterprises will increase their R&D expenditures, thereby increasing the demand for laboratory apparatus in the region. This rise in demand is expected to continue in the years ahead.
It is also anticipated that the industry’s expansion will be facilitated by the funding for research activities provided by government agencies, which is expected to contribute to its growth. This is another component that is expected to facilitate the company’s growth.
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Browse the full “Refurbished Laboratory Equipment Market Size, Trends and Insights By Product (Analytical Equipment/Clinical Equipment, Chromatography Systems, Spectroscopy Instruments, Mass Spectrometers, Thermal Analyzers, Immunoassay Analyzers, Blood Gas Analyzers, Coagulation Analyzers, Others (elemental analyzers, particle size analyzers, etc.), General Equipment, Centrifuges, Incubators, Ovens, Autoclaves, Safety cabinets, Others (balances & scales, shakers & stirrers, etc.), Specialty Equipment, DNA Sequencers, PCR Instruments, Flow Cytometers, Microscopes, Bioreactors, Others (microplate readers, x-ray diffraction systems, etc.,), Support Equipment), By End-user (Healthcare Facilities, Pharmaceutical & Biotechnology Companies, Academic & Research Institutions, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034” Report at https://www.custommarketinsights.com/report/refurbished-laboratory-equipment-market/
List of the prominent players in the Refurbished Laboratory Equipment Market:
- Thermo Fisher Scientific Inc
- American Laboratory Trading Inc.
- ARC Scientific LLC
- American Instrument Exchange
- SpectraLab Scientific Inc.
- GenTech Scientific.
- International Equipment Trading Ltd.
- Copia Scientific Inc
- Cambridge Scientific
- Others
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The Refurbished Laboratory Equipment Market is segmented as follows:
By Product
- Analytical Equipment/Clinical Equipment
- Chromatography Systems
- Spectroscopy Instruments
- Mass Spectrometers
- Thermal Analyzers
- Immunoassay Analyzers
- Blood Gas Analyzers
- Coagulation Analyzers
- Others (elemental analyzers, particle size analyzers, etc.)
- General Equipment
- Centrifuges
- Incubators
- Ovens
- Autoclaves
- Safety cabinets
- Others (balances & scales, shakers & stirrers, etc.)
- Specialty Equipment
- DNA Sequencers
- PCR Instruments
- Flow Cytometers
- Microscopes
- Bioreactors
- Others (microplate readers, x-ray diffraction systems, etc.,)
- Support Equipment
By End-user
- Healthcare Facilities
- Pharmaceutical & Biotechnology Companies
- Academic & Research Institutions
- Others
Click Here to Get a Free Sample Report of the Global Refurbished Laboratory Equipment Market @ https://www.custommarketinsights.com/report/refurbished-laboratory-equipment-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Refurbished Laboratory Equipment Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Refurbished Laboratory Equipment Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Refurbished Laboratory Equipment Market? What Was the Capacity, Production Value, Cost and PROFIT of the Refurbished Laboratory Equipment Market?
- What Is the Current Market Status of the Refurbished Laboratory Equipment Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Refurbished Laboratory Equipment Market by Considering Applications and Types?
- What Are Projections of the Global Refurbished Laboratory Equipment Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Refurbished Laboratory Equipment Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Refurbished Laboratory Equipment Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Refurbished Laboratory Equipment Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Refurbished Laboratory Equipment Industry?
Click Here to Access a Free Sample Report of the Global Refurbished Laboratory Equipment Market @ https://www.custommarketinsights.com/report/refurbished-laboratory-equipment-market/
Reasons to Purchase Refurbished Laboratory Equipment Market Report
- Refurbished Laboratory Equipment Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Refurbished Laboratory Equipment Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Refurbished Laboratory Equipment Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Refurbished Laboratory Equipment Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Refurbished Laboratory Equipment market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Refurbished Laboratory Equipment market analysis.
- The competitive environment of current and potential participants in the Refurbished Laboratory Equipment market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Refurbished Laboratory Equipment market should find this report useful. The research will be useful to all market participants in the Refurbished Laboratory Equipment industry.
- Managers in the Refurbished Laboratory Equipment sector are interested in publishing up-to-date and projected data about the worldwide Refurbished Laboratory Equipment market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Refurbished Laboratory Equipment products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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