refurbished laboratory equipment Market Report 2025 (Global Edition)

Global refurbished laboratory equipment Market Report 2025 Market Size Split by Product Outlook: (Analytical Equipment/Clinical Equipment, General Equipment, Specialty Equipment, Support Equipment), b...

refurbished laboratory equipment Market Report Description

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Competitive Landscape of the Refurbished Laboratory Equipment Market

In the Refurbished Laboratory Equipment market's competitive landscape, numerous key competitors are driving innovation and growth. The main stakeholders are concentrating on improving their product portfolios via novel refurbishment techniques, competitive pricing tactics, and streamlined distribution networks. The increasing recognition of the advantages of refurbished equipment, including less waste and decreased expenses, has motivated both existing firms and new competitors to strategically position themselves to seize a greater market share.

In January 2023, American Laboratory Trading and Heritage Global Partners held an important auction of laboratory equipment at the Rubius Therapeutics facility in Cambridge. Capital Recovery Group and Federal Equipment Company contributed to the marketing and execution of this initiative.

(Source:https://fedequipblog.fedequip.com/january-2023-auction-of-state-of-the-art-lab-equipment-from-rubius-therapeutics/)

In February 2022, Conquer Scientific was purchased by Purity Scientific LLC, the parent organization of GenTech Scientific. The merger combined two leading entities in the industry, resulting in the establishment of a worldwide leader with a robust service network, distinctive resources, and an outstanding inventory of refurbished analytical equipment.

(Source:https://gentechscientific.com/gentech-scientific-and-conquer-scientific-combine-to-become-global-leader-in-the-used-and-refurbished-scientific-instruments-market/)

In October 2023, GE HealthCare partnered with reLink Medical to provide asset management solutions for healthcare professionals. This relationship encompasses the deposition, refurbishing, recycling, and donation of conventional medical equipment.

(Source:https://investor.gehealthcare.com/news-releases/news-release-details/ge-healthcare-and-relink-medical-collaborate-help-reduce-medical)

Top Companies Market Share in refurbished laboratory equipment Industry: (In no particular order of Rank)

• 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.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Refurbished Laboratory Equipment Market

Which Region Dominates the Refurbished Laboratory Equipment Market in 2025?

According to Cognitive Market Research, North America currently dominates the Refurbished Laboratory Equipment market, and the region is expected to have significant growth during the anticipated period. This is because of the increasing number of grants that are being awarded to educational institutions and commercial groups for the purpose of installing laboratory equipment, which may include analytical equipment, as well as the growing healthcare infrastructure in the area.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the anticipated period, with the greatest compound annual growth rate (CAGR). Because of the growing number of contract research organizations (CROs), the rising number of research and development activities, and the growing presence of significant market players in developing nations like India and China within the area, the region is seeing an increase in the importation of laboratory equipment.

The current report Scope analyzes refurbished laboratory equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America refurbished laboratory equipment

<P>According to Cognitive Market Research, the global Refurbished Laboratory Equipment market size was estimated at USD 25142.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 10057.04 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2025 to 2033.</P> <ul><li>According to Cognitive Market Research, the US had a major share in the Refurbished Laboratory Equipment market with a market size of USD 7935.00 million in 2025 and is anticipated to grow at a CAGR of 4.0% during the projected period. The U.S. market's Budgetary constraints and the increasing cost of new equipment in laboratories.</li> <li>The Canada Refurbished Laboratory Equipment market had a market share of USD 1206.84 million in 2025 and is anticipated to grow at a CAGR of 5.0% during the projected period. Canada prioritizes cost-effectiveness and environmental sustainability.</li> <li>The Mexico Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 4.7% during the projected period, with a market size of USD 915.19 million in 2025.</li></ul>

Europe refurbished laboratory equipment

<p>According to Cognitive Market Research, the global Refurbished Laboratory Equipment market size was estimated at USD 25142.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 7542.78 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2025 to 2033.</P> <ul><li>The United Kingdom Refurbished Laboratory Equipment market had a market share of USD 1267.19 million in 2025 and is anticipated to grow at a CAGR of 5.3% during the projected period. In the UK, Refurbished Laboratory Equipment sales see an upswing due to the Rising demand for sustainable laboratory solutions and affordable options.</li> <li>The France Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 3.7% during the projected period, with a market size of USD 693.94 million in 2025.</li> <li>According to Cognitive Market Research, the German Refurbished Laboratory Equipment market size was valued at USD 1493.47 million in 2025 and is anticipated to grow at a CAGR of 4.7% during the projected period. Germany has made substantial investments in research and development.</li> <li>The Italy Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 3.9% during the projected period, with a market size of USD 648.68 million in 2025.</li> <li>The Russia Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 3.5% during the projected period, with a market size of USD 1169.13 million in 2025.</li> <li>The Spain Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 3.6% during the projected period with a market size of USD 618.51 million in 2025</li> <li>The Luxembourg Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 4.6% during the projected period, with a market size of USD 233.83 million in 2025.</li> <li>The Portugal Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 4.3% during the projected period, with a market size of USD 158.40 million in 2025.</li> <li>The Greece Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 4.8% during the projected period, with a market size of USD 90.51 million in 2025.</li> <li>The Rest of Europe's Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 3.2% during the projected period, with a market size of USD 1169.13 million in 2025.</li></ul>

Asia Pacific refurbished laboratory equipment

<P>According to Cognitive Market Research, the global Refurbished Laboratory Equipment market size was estimated at USD 25142.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 5782.80 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2025 to 2033.</P> <ul><li>According to Cognitive Market Research, the China Refurbished Laboratory Equipment market size was valued at USD 2602.26 million in 2025 and is anticipated to grow at a CAGR of 7.5% during the projected period. Refurbished Laboratory Equipment surged in China due to Expanding healthcare sector and rapid technological advancements.</li> <li>The Japan Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 6.5% during the projected period, with a market size of USD 798.03 million in 2025.</li> <li>The India Refurbished Laboratory Equipment market had a market share of USD 693.94 million in 2025 and is anticipated to grow at a CAGR of 9.8% during the projected period. India's development of pharmaceutical and biotechnology industries.</li> <li>The South Korean Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 7.1% during the projected period, with a market size of USD 578.28 million in 2025.</li> <li>The Australian Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 7.7% during the projected period, with a market size of USD 300.71 million in 2025.</li> <li>The South East Asia Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 9.0% during the projected period, with a market size of USD 399.01 million in 2025.</li> <li>The Rest of Asia Pacific Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 7.8% during the projected period, with a market size of USD 410.58 million in 2025.</li></ul>

South America refurbished laboratory equipment

<P>According to Cognitive Market Research, the global Refurbished Laboratory Equipment market size was estimated at USD 25142.6 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 1257.13 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2033.</P> <ul><li>According to Cognitive Market Research, the Brazil Refurbished Laboratory Equipment market size was valued at USD 538.05 million in 2025 and is anticipated to grow at a CAGR of 6.0% during the projected period. Refurbished Laboratory Equipment flourished in Brazil due to Increasing demand for laboratory solutions that are cost-effective.</li> <li>Argentina's Refurbished Laboratory Equipment market had a market share of USD 211.20 million in 2025 and is anticipated to grow at a CAGR of 6.3% during the projected period. Argentina is placing an increasing emphasis on the adoption of eco-friendly practices and sustainability.</li> <li>Colombia Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 5.2% during the projected period, with a market size of USD 111.88 million in 2025.</li> <li>Peru Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 5.6% during the projected period, with a market size of USD 103.08 million in 2025.</li> <li>Chile Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 5.7% during the projected period, with a market size of USD 90.51 million in 2025.</li> <li>The Rest of Latin America's Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 4.5% during the projected period, with a market size of USD 202.40 million in 2025.</li></ul>

Middle East and Africa refurbished laboratory equipment

<P>According to Cognitive Market Research, the global Refurbished Laboratory Equipment market size was estimated at USD 25142.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 502.85 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2025 to 2033..</P> <ul><li>The GCC Countries Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 6.5% during the projected period, with a market size of USD 215.22 million in 2025. Refurbished Laboratory Equipment sales flourish due to the Expanding healthcare sector and technological advancements.</li> <li>The Egypt Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 6.0% during the projected period, with a market size of USD 52.80 million in 2025.</li> <li>The South Africa Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 6.7% during the projected period, with a market size of USD 79.45 million in 2025. Refurbished Laboratory Equipment sales flourished in South Africa due to Enhancing government support for scientific research and expanding research activities.</li> <li>The Turkey Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 5.2% during the projected period, with a market size of USD 43.25 million in 2025.</li> <li>The Nigeria Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 4.8% during the projected period, with a market size of USD 52.80 million in 2025.</li> <li>The Rest of the MEA Refurbished Laboratory Equipment market is anticipated to see growth at a CAGR of 4.7% during the projected period, with a market size of USD 59.34 million in 2025.</li></ul>

refurbished laboratory equipment Market Analysis

How are Segments Performing in the Global Refurbished Laboratory Equipment Market?

Refurbished Laboratory Equipment Market Product Segment Analysis

According to Cognitive Market Research, Analytical Equipment are likely to dominate the Refurbished Laboratory Equipment Market over the projected period. Analytical tools, including spectrophotometers, chromatographs, and mass spectrometers, are crucial for many laboratory applications, such as research, medicines, and environmental testing. The significant demand for these instruments, along with their considerable expense when new, makes used analytical equipment a favored option for labs seeking to reduce expenses while maintaining quality.

The Support Equipment is the fastest-growing segment in the Refurbished Laboratory Equipment Market. Support equipment include elements such as laboratory furnishings, storage units, and environmental regulation systems. The expansion in this sector is propelled by the rising quantity of labs and research institutions that need these vital supplies for optimal functioning. The cost reductions linked to remanufactured support equipment make it an appealing choice for budget-sensitive labs.

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.)

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of refurbished laboratory equipment Industry. Request a Free Sample PDF!

Refurbished Laboratory Equipment Market End-user Segment Analysis

According to Cognitive Market Research, the Healthcare Facilities segment holds the largest share of the market. In order to support diagnostic and research operations, healthcare institutions, such as hospitals and clinics, have a high need for a variety of laboratory equipment. This is the reason why this is the case. These facilities are able to maintain high-quality standards while successfully managing their budgets thanks to the cost reductions that are connected with reconditioned equipment, which makes it an appealing alternative for them.

In the Refurbished Laboratory Equipment Market, the Pharmaceutical & Biotechnology Companies sector has been expanding at a rapid pace. The need for cutting-edge laboratory equipment is being driven by the growing number of research and development activities in the pharmaceutical and biotechnology industries. These businesses are able to maintain their competitiveness and innovativeness while adhering to budgetary limits because they have access to refurbished equipment, which gives them with access to cutting-edge technology at a cheaper cost.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Manjiri Kanhere

Senior Research Associate at Cognitive Market Research

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Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.

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