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Medical Device Reprocessing Market, by Product & Service (Reprocessing Support & Services, Reprocessed Medical Device), Type of Device (Catheters, Laparoscopy Instruments, Biopsy Instruments, Endoscopy Instruments, Cables, Columns, Curves, and Cutters, Other Reprocessed Medical Devices), Application (Cardiology, Gastroenterology, Urology, and Gynecology, Arthroscopy and Orthopedic Surgery, General Surgery and Anesthesia) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022

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Medical Device Reprocessing is the process of cleaning, sterilizing, inspecting, testing, and packaging of expired and used medical devices through which devices remain safe and effective for appropriate clinical application. This study offers the market analysis of Medical Device Reprocessing for different classes as well as sub-classes of medical devices that are utilized for reprocessing. Government strategies for efficiently control prices and rising profit margins are projected to boost the revenue growth of Medical Device Reprocessing in the years to come.

The report on the global Medical device reprocessing market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The low cost of the reprocessed devices is the key factor accountable for the increasing demand of the reprocessed medical devices as it cost around 30% - 40% less in comparison to the new devices due to which the requirement for such devices is high in certain regions. Largest customer segment of Medical Device Reprocessing are hospitals with the growing no. of hospitals and escalating pressure on the government hospitals for operating under limited budget.
  • Also, long-term price efficacy, increasing adoption of the reprocessed medical devices is observing considerable growth in various hospitals. Strategic associations among manufacturers, reprocessing companies and end users are anticipated to propel revenue growth of Medical Device Reprocessing market in the next coming years.
  • However the strict laws for regulation of reprocessed medical devices and certain technology based restraints in the countries which have low income is hindering the growth of medical devices reprocessing market over the forecast period.

Regionally, the global market for needles is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Among these, North America is projected to be the market leader in the global market of medical devices reprocessing followed by Western Europe. Availability of enhanced technology for reprocessing and sanitization of the medical devices is estimated to boost the revenue growth of the global market for reprocessed medical devices in these regions. On the basis of consumption, Asia – Pacific region is likely to witness greatest demand for reprocessed medical devices due to cost sensitive consumer base as well as large population is controlling the demand for affordable medical devices.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s medical device reprocessing market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the medical device reprocessing market by the following segments:

  • Medical Device Reprocessing Market, by Product & Service
    • Reprocessing Support & Services
    • Reprocessed Medical Device
  • Medical Device Reprocessing Market, by Type of Device
    • Catheters
    • Laparoscopy Instruments
    • Biopsy Instruments
    • Endoscopy Instruments
    • Cables, Columns, Curves, and Cutters
    • Other Reprocessed Medical Devices
  • Medical Device Reprocessing Market, by Application
    • Cardiology
    • Gastroenterology, Urology, and Gynecology
    • Arthroscopy and Orthopedic Surgery
    • General Surgery and Anesthesia

KEY MARKET PLAYERS

Key players in the medical device reprocessing market include:

  • Stryker Corporation 
  • Vanguard AG 
  • Johnson & Johnson (J&J) (Sterilmed, Inc.) 
  • Medtronic PLC 
  • Medline Renewal 
  • Steripro Canada Inc. 
  • Pioneer Medical Devices AG 
  • Vascular Solutions, Inc. 
  • Hygia Health Services, Inc. 
  • Renu Medical, Inc. 
  • Suretek Medical 

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • REST OF THE WORLD
    • Latin America
    • Middle East & Africa

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Medical Supplies Market, by Type (Diagnostic, Dialysis, Wound Care, Inhalation, Infection Control, Infusion, Intubation, PPE), Application (Anesthesia, Radiology, Sterilization) & End User (Hospital, Clinic, Nursing Home) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022


  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. MEDICAL DEVICE REPROCESSING MARKET, BY PRODUCT & SERVICE
    1. Segment Share
    2. By Product & Service
      1. Reprocessing Support & Services
      2. Reprocessed Medical Device
  6. MEDICAL DEVICE REPROCESSING MARKET, BY TYPE OF DEVICE
    1. Segment Share
    2. By Type of Device
      1. Catheters
      2. Laparoscopy Instruments
      3. Biopsy Instruments
      4. Endoscopy Instruments
      5. Cables, Columns, Curves, and Cutters
      6. Other Reprocessed Medical Devices
  7. MEDICAL DEVICE REPROCESSING MARKET, BY APPLICATION
    1. Segment Share
    2. By Application
      1. Cardiology
      2. Gastroenterology, Urology, and Gynecology
      3. Arthroscopy and Orthopedic Surgery
      4. General Surgery and Anesthesia
  8. MEDICAL DEVICE REPROCESSING MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Product & Service
      3. By Type of Device
      4. By Application
    3. Europe
      1. By Regions
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Product & Service
      3. By Type of Device
      4. By Application
    4. Asia-Pacific
      1. By Regions
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Product & Service
      3. By Type of Device
      4. By Application
    5. Rest of the World
      1. By Regions
        1. Latin America
        2. Middle East & Africa
      2. By Product & Service
      3. By Type of Device
      4. By Application
  9. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  10. KEY MARKET PLAYERS
    1. Stryker Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. Vanguard AG
      1. Overview
      2. Key Strategies
      3. Key Developments 
    3. Johnson & Johnson (J&J) (Sterilmed, Inc.)
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. Medtronic PLC 
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Medline Renewal
      1. Overview
      2. Key Strategies
      3. Key Developments 
    6. Steripro Canada Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments 
    7. Pioneer Medical Devices AG
      1. Overview
      2. Key Strategies
      3. Key Developments 
    8. Vascular Solutions, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments 
    9. Hygia Health Services, Inc. 
      1. Overview
      2. Key Strategies
      3. Key Developments
    10. Renu Medical, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments 
    11. Suretek Medical 
      1. Overview
      2. Key Strategies
      3. Key Developments
  11. SCALAR 360 DEGREE MARKET PERSPECTIVE
  12. APPENDIX
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