PUBLISHER: The Business Research Company | PRODUCT CODE: 1947053
PUBLISHER: The Business Research Company | PRODUCT CODE: 1947053
Refurbished laboratory equipment refers to pre-owned instruments that have been carefully inspected, tested, and restored to ensure complete functionality. These instruments provide dependable performance comparable to new equipment while offering a more affordable solution for obtaining high-quality laboratory tools. The refurbishment process improves durability and extends the equipment's operational lifespan, enhancing overall value for users.
The main categories of refurbished laboratory equipment include analytical instruments, general laboratory equipment, life science equipment, clinical laboratory equipment, and chromatography equipment. Analytical instruments are tools used to measure, analyze, and quantify the chemical, physical, or biological characteristics of samples with precision. The equipment is available in various pricing ranges, including low-cost, mid-range, premium-quality options, and leasing arrangements. It is distributed through multiple channels such as direct sales, online marketplaces, distributor networks, auctions, and third-party resellers, serving end users such as healthcare facilities, pharmaceutical and biotechnology companies, and academic and research institutions.
Tariffs have influenced the refurbished laboratory equipment market by increasing import costs of analytical instruments, chromatography systems, and life science equipment components. This has impacted pricing in North America and Europe, especially for equipment refurbished using Asia-Pacific sourced parts. However, tariffs are supporting regional refurbishment hubs, secondary markets, and sustainable equipment reuse strategies.
The refurbished laboratory equipment market research report is one of a series of new reports from The Business Research Company that provides refurbished laboratory equipment market statistics, including refurbished laboratory equipment industry global market size, regional shares, competitors with a refurbished laboratory equipment market share, detailed refurbished laboratory equipment market segments, market trends and opportunities, and any further data you may need to thrive in the refurbished laboratory equipment industry. This refurbished laboratory equipment 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 laboratory equipment market size has grown strongly in recent years. It will grow from $26.25 billion in 2025 to $28.17 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to high cost of new equipment, budget constraints in labs, growth in academic research, demand for analytical instruments, laboratory expansion in emerging economies.
The refurbished laboratory equipment market size is expected to see strong growth in the next few years. It will grow to $36.96 billion in 2030 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to sustainable procurement policies, refurbished leasing growth, startup biotech expansion, government research funding, circular economy adoption. Major trends in the forecast period include cost-effective laboratory modernization, extended equipment lifecycle usage, certified refurbishment programs, rising demand from emerging labs, warranty-backed used instruments.
The expansion of academic research institutions is expected to drive the growth of the refurbished laboratory equipment market in the coming years. Academic research institutions include universities, colleges, and specialized research organizations that conduct structured studies and experiments to advance scientific understanding. Their growth is supported by increasing government and private funding, which enables the establishment of new centers, attracts skilled researchers, and enhances research capabilities. Refurbished laboratory equipment provides these institutions with cost-effective access to advanced tools for high-quality experiments and hands-on training while promoting sustainability by extending the operational life of instruments. For example, in November 2024, the National Center for Science and Engineering Statistics, a US-based government organization, reported that research and development (R&D) spending by academic institutions increased by 11.2% in fiscal year 2023, marking the highest growth rate in current dollar terms. Total academic R&D expenditures reached $108.8 billion, reflecting a rise of $11.0 billion compared to fiscal year 2022. Therefore, the growth of academic research institutions is contributing to the expansion of the refurbished laboratory equipment market.
Leading companies in the refurbished laboratory equipment market are prioritizing sustainability-driven innovation, such as the introduction of My Green Lab Act-labeled products, to provide laboratories with environmentally responsible instruments and promote circular economy practices through refurbishment and recycling programs. My Green Lab Act-labeled products are laboratory instruments certified for their reduced environmental impact, including lower energy consumption, minimized waste generation, and sustainable design. For instance, in June 2024, Agilent Technologies Inc., a US-based provider of instruments, software, and services, published its annual ESG report emphasizing its dedication to sustainability. The report highlighted a growing portfolio of eco-friendly solutions that help laboratories minimize waste and reduce the use of nonrenewable resources. Agilent's initiatives include energy-efficient instruments, refurbishment programs, and environmentally responsible consumables, supporting laboratories in adopting sustainable practices while maintaining operational efficiency.
In April 2025, Surplus Solutions LLC, a US-based provider of Equipment Lifecycle Management (ELM) services, partnered with Certified Genetool Inc. to offer high-quality refurbished laboratory equipment and technical services globally. This collaboration aims to strengthen equipment lifecycle management by improving refurbishment, maintenance, and technical support for laboratory instruments. Certified Genetool Inc. is a US-based manufacturer and supplier of refurbished, certified, and new laboratory equipment serving the academic, biotechnology, and pharmaceutical sectors.
Major companies operating in the refurbished laboratory equipment market are Copia Scientific LLC, American Instrument Exchange Inc., ARC Scientific LLC, Spectralab Scientific Inc., International Equipment Trading Ltd., EquipNet Inc., LabX Media Group, LabMart Inc., GovDeals Inc., LabWorld Inc., GenTech Scientific Inc., New Life Scientific Inc., Marshall Scientific LLC, Lab Resale LLC, Scientific Equipment Source Inc., Atlantic Lab Equipment, EquipService Inc., LabXchange Inc., Scientific Surplus LLC, Lab Equipment Depot Inc.
North America was the largest region in the refurbished laboratory equipment market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the refurbished laboratory equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the refurbished laboratory equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The refurbished laboratory equipment market consists of sales of centrifuges, microscopes, spectrophotometers, incubators, and freezers. 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.
Refurbished Laboratory Equipment Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses refurbished laboratory equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for refurbished laboratory equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The refurbished laboratory equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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