[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Global Reprocessed Medical Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

November 2017 | 220 pages | ID: G681D3BB3C0EN
Precision Business Insights (PBI)

US$ 4,400.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Global Reprocessed Medical Devices Market:

Global reprocessed medical devices market estimated to be valued US$ XX Mn in 2017 and poised to grow at CAGR of XX% over 2017-2023. Market for reprocessed medical devices is projected to reach US$ XX Mn by 2023.

Reprocessing is an important part in life cycle of medical device in both developed and emerging economies globally. Reprocessing of medical devices is a process of disinfecting, cleaning, testing, sterilizing, packaging, labelling and remanufacturing of used, undamaged & expired medical devices to make it ready for the patient use at reduced and affordable cost. It’s been observed that the reprocessing of medical devices in the emerging countries is directed at decreasing hospital supply costs, which sometimes compromises with safety of the patients. Reprocessed medical devices are the devices which are refurbished and reuse again. The reprocessing of medical devices should follow an authentic process which furnish it fit for the use. In order to reprocess the device factors like life cycle, efficacy, and the potential risk to patient and components used for the manufacture of devices are taken into the consideration.

The global reprocessed medical devices market is anticipated to show sturdy growth during the forecast period owing to significance on reducing the medical waste, rise in the demand of the reprocessed medical devices that are expected to rise the growth of market. Reprocessed medical devices market is propelling by the low-cost, safety for the medical applications and others are likely to boost the demand for the reprocessed medical devices around the globe. Moreover, Government initiatives in collaboration with several private healthcare organizations to promote reprocessed medical devices are driving the demand of reprocessed medical devices across the globe. However, the presence of the negative perceptions related to the quality of reprocessed medical devices and less adoption of the reprocessed medical devices due to the infection are the some of the factors that are likely to hamper the growth of the reprocessed medical device market across the globe.

The global reprocessed medical device market is segmented on the basis of product type, application, end-user, and regions

Based on product type, the global reprocessed medical device segmented as:
  • Cardiovascular Medical Devices
  • Cardiac Stabilization and Positioning Devices
  • Blood Pressure Cuffs/Tourniquet Cuffs
  • Electrophysiology Cables
  • Deep Vein Compression Sleeves (DVT)
  • Diagnostic Electrophysiology Catheters
  • Laparoscopic Medical Devices
  • Harmonic Scalpels
  • Endoscopic Trocars and Components
  • General Surgery Medical Devices
  • Infusion Pressure Bags
  • Balloon Inflation Devices
  • Orthopaedic/ Arthroscopic Medical Devices
  • External Fixation Devices
  • Gastroenterology Medical Devices
  • Biopsy Forceps
Based on end-user, the global reprocessed medical device segmented as:
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres
  • Community Healthcare
  • Diagnostic Laboratories
  • Others
Medical device reprocessing became one of the most important supply chain cost reduction strategies in the US hospitals due to reprocessing of devices for the hospitals to maintain the patient care quality while saving substantial costs. Reprocessed medical device industry is a mixture of unorganized and organized players. Dominance of the unorganized players has led to the reduction in device cost over the past few years. This factor is projected to spike the consumption of reprocessed medical devices by physicians, creating a winning situation for the market players. Reprocessed medical device market is driving the effort to keep the high-quality standards and expand the value from medical devices. Hospitals are largest consumer segments of the reprocessed medical devices. The rate of adoption of the reprocessed medical devices is showing remarkable increase among hospitals operating under limited budgets and the long-term cost efficacy. For example, as per to the AMDR (Association of Medical Device Reprocessors) in U.S., nearly there are 3,000 hospitals with medical device reprocessing programs.

Based on the geographical regions, the global reprocessed medical devices market segmented into five key regions: Europe, North America, Latin America Asia-Pacific, and Middle East & Africa. North America is anticipated to be largest market in terms of the reprocessed medical devices production and followed by Europe. The presence of government-funded & privately held waste management and recycling companies, availability of the advancements in the technology for the reprocessing and sanitization of the medical devices is contributing the growth of the reprocessed medical devices market. Based on the consumption, Asia–Pacific region is anticipated to exhibit highest demand for the reprocessed medical devices due to the price sensitive customer base and large pool of population driving demand for affordable medical devices.

Some players in the global reprocessed medical devices market are Medline ReNewal (U.S.), Johnson & Johnson (U.S.), Stryker Corporation (U.S.), Vanguard AG (Germany), SteriPro Canada, Inc.(Canada), Pioneer Medical Devices AG (Germany), HYGIA Health Services, Inc. (U.S.), Vascular Solutions, Inc. (U.S.), ReNu Medical, Inc. (U.S.), Centurion Medical Products Corporation (U.S.). and SureTek Medical (U.S.)

In April 2017, The European Union passed a comprehensive new EU wide Medical Device Regulation (MDR). For SUD (Single Used Devices) reprocesses, this is a major development as Europe now has in place a “manufacturer” regulatory path for reprocessed SUDs

In November 2011, Ethicon Endo-Surgery, Inc. medical devices company acquired SterilMed, Inc. US-based reprocessing & remanufacturing company of single-use medical devices

REPORT OUTLINE:
  • The report provides granular level information about the market size, regional market share and forecast from 2017-2023
  • The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
  • The Report Outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
1. EXECUTIVE SUMMARY

2. GLOBAL REPROCESSED MEDICAL DEVICES MARKET INTRODUCTION

2.1. Global Reprocessed Medical Devices Market– Taxonomy
2.2. Global Reprocessed Medical Devices Market–Definitions
  2.2.1. Product Type
  2.2.2. End User

3. GLOBAL REPROCESSED MEDICAL DEVICES MARKET DYNAMICS

3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Reprocessed Medical Devices Market Dynamics – Factors Impact Analysis
3.6. Global Reprocessed Medical Devices Market– Regulations
  3.6.1. U.S
  3.6.2. Europe
  3.6.3. Japan

4. GLOBAL REPROCESSED MEDICAL DEVICES MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 – 2023

4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Oppurtunity Analysis

5. GLOBAL REPROCESSED MEDICAL DEVICES MARKET, BY PRODUCT TYPE, 2012 - 2016 AND FORECAST, 2017 - 2023

5.1. Cardiovascular Medical Devices
  5.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  5.1.3. Market Opportunity Analysis
5.2. Laparoscopic Medical Devices
  5.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  5.2.3. Market Opportunity Analysis
5.3. Orthopedic/ Arthroscopic Medical Devices
  5.3.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  5.3.3. Market Opportunity Analysis

6. GLOBAL REPROCESSED MEDICAL DEVICES MARKET FORECAST, BY END USER, 2012 - 2016 AND FORECAST, 2017 - 2023

6.1. Hospitals
  6.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  6.1.3. Market Opportunity Analysis
6.2. Clinics
  6.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  6.2.3. Market Opportunity Analysis
6.3. Ambulatory Surgical Centres
  6.3.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  6.3.3. Market Opportunity Analysis
6.4. Community Healthcare
  6.4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  6.4.3. Market Opportunity Analysis
6.5. Diagnostic Laboratories
  6.5.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  6.5.3. Market Opportunity Analysis
6.6. Others
  6.6.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  6.6.3. Market Opportunity Analysis

7. GLOBAL REPROCESSED MEDICAL DEVICES MARKET FORECAST, BY REGION, 2012 - 2016 AND FORECAST, 2017 - 2023

7.1. North America
  7.1.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  7.1.3. Market Opportunity Analysis
7.2. Europe
  7.2.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
  7.3.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  7.3.3. Market Opportunity Analysis
7.4. Latin America
  7.4.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
  7.5.1. Market Analysis, 2012 – 2016 and Forecast, 2017 – 2023 (Revenue, USD Mn)
  7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  7.5.3. Market Opportunity Analysis
7.6. Global Reprocessed Medical Devices Market- Opportunity Analysis Index - By Product Type, By End User, and Region, 2017 – 2023

8. NORTH AMERICA REPROCESSED MEDICAL DEVICES MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 - 2023

  8.1.1. Product Type Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    8.1.1.1. Cardiovascular Medical Devices
      8.1.1.1.1. Cardiac Stabilization and Positioning Devices
      8.1.1.1.2. Blood Pressure Cuffs/Tourniquet Cuffs
      8.1.1.1.3. Electrophysiology Cables
      8.1.1.1.4. Deep Vein Compression Sleeves (DVT)
      8.1.1.1.5. Diagnostic Electrophysiology Catheters
    8.1.1.2. Laparoscopic Medical Devices
      8.1.1.2.1. Harmonic Scalpels
      8.1.1.2.2. Endoscopic Trocars and Components
      8.1.1.2.3. General Surgery Medical Devices
      8.1.1.2.4. Infusion Pressure Bags
      8.1.1.2.5. Balloon Inflation Devices
    8.1.1.3. Orthopedic/ Arthroscopic Medical Devices
      8.1.1.3.1. External Fixation Devices
      8.1.1.3.2. Gastroenterology Medical Devices
      8.1.1.3.3. Biopsy Forceps
  8.1.2. End User Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    8.1.2.1. Hospitals
    8.1.2.2. Clinics
    8.1.2.3. Ambulatory Surgical Centres
    8.1.2.4. Community Healthcare
    8.1.2.5. Diagnostic Laboratories
    8.1.2.6. Others
  8.1.3. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
    8.1.3.1. U.S.
    8.1.3.2. Canada
  8.1.4. North America Reprocessed Medical Devices Market- Opportunity Analysis Index - By Product Type, By Surgery, By End User, and Country, 2017 – 2023
  8.1.5. North America Reprocessed Medical Devices Market Dynamics – Trends

9. EUROPE REPROCESSED MEDICAL DEVICES MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 - 2023

  9.1.1. Product Type Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    9.1.1.1. Cardiovascular Medical Devices
      9.1.1.1.1. Cardiac Stabilization and Positioning Devices
      9.1.1.1.2. Blood Pressure Cuffs/Tourniquet Cuffs
      9.1.1.1.3. Electrophysiology Cables
      9.1.1.1.4. Deep Vein Compression Sleeves (DVT)
      9.1.1.1.5. Diagnostic Electrophysiology Catheters
    9.1.1.2. Laparoscopic Medical Devices
      9.1.1.2.1. Harmonic Scalpels
      9.1.1.2.2. Endoscopic Trocars and Components
      9.1.1.2.3. General Surgery Medical Devices
      9.1.1.2.4. Infusion Pressure Bags
      9.1.1.2.5. Balloon Inflation Devices
    9.1.1.3. Orthopedic/ Arthroscopic Medical Devices
      9.1.1.3.1. External Fixation Devices
      9.1.1.3.2. Gastroenterology Medical Devices
      9.1.1.3.3. Biopsy Forceps
  9.1.2. End User Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    9.1.2.1. Hospitals
    9.1.2.2. Clinics
    9.1.2.3. Ambulatory Surgical Centres
    9.1.2.4. Community Healthcare
    9.1.2.5. Diagnostic Laboratories
    9.1.2.6. Others
  9.1.3. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    9.1.3.1. Germany
    9.1.3.2. UK
    9.1.3.3. France
    9.1.3.4. Spain
    9.1.3.5. Italy
    9.1.3.6. Russia
    9.1.3.7. Poland
    9.1.3.8. Rest of Europe
  9.1.4. Europe Reprocessed Medical Devices Market- Opportunity Analysis Index - By Product Type, By End User, and Country, 2017 – 2023
  9.1.5. Europe Reprocessed Medical Devices Market Dynamics – Trends

10. ASIA-PACIFIC REPROCESSED MEDICAL DEVICES MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 - 2023

  10.1.1. Product Type Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    10.1.1.1. Cardiovascular Medical Devices
      10.1.1.1.1. Cardiac Stabilization and Positioning Devices
      10.1.1.1.2. Blood Pressure Cuffs/Tourniquet Cuffs
      10.1.1.1.3. Electrophysiology Cables
      10.1.1.1.4. Deep Vein Compression Sleeves (DVT)
      10.1.1.1.5. Diagnostic Electrophysiology Catheters
    10.1.1.2. Laparoscopic Medical Devices
      10.1.1.2.1. Harmonic Scalpels
      10.1.1.2.2. Endoscopic Trocars and Components
      10.1.1.2.3. General Surgery Medical Devices
      10.1.1.2.4. Infusion Pressure Bags
      10.1.1.2.5. Balloon Inflation Devices
    10.1.1.3. Orthopedic/ Arthroscopic Medical Devices
      10.1.1.3.1. External Fixation Devices
      10.1.1.3.2. Gastroenterology Medical Devices
      10.1.1.3.3. Biopsy Forceps
  10.1.2. End User Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    10.1.2.1. Hospitals
    10.1.2.2. Clinics
    10.1.2.3. Ambulatory Surgical Centres
    10.1.2.4. Community Healthcare
    10.1.2.5. Diagnostic Laboratories
    10.1.2.6. Others
  10.1.3. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn),
Y-o-Y Growth (%), and Market Share (%)
    10.1.3.1. Japan
    10.1.3.2. China
    10.1.3.3. India
    10.1.3.4. ASEAN
    10.1.3.5. Australia & New Zealand
    10.1.3.6. Rest of Asia-Pacific
  10.1.4. Asia-Pacific Reprocessed Medical Devices Market- Opportunity Analysis Index - By Product Type, By End User, and Country, 2017 – 2023
  10.1.5. Asia-Pacific Reprocessed Medical Devices Market Dynamics – Trends

11. LATIN AMERICA REPROCESSED MEDICAL DEVICES MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 - 2023

  11.1.1. Product Type Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    11.1.1.1. Cardiovascular Medical Devices
      11.1.1.1.1. Cardiac Stabilization and Positioning Devices
      11.1.1.1.2. Blood Pressure Cuffs/Tourniquet Cuffs
      11.1.1.1.3. Electrophysiology Cables
      11.1.1.1.4. Deep Vein Compression Sleeves (DVT)
      11.1.1.1.5. Diagnostic Electrophysiology Catheters
    11.1.1.2. Laparoscopic Medical Devices
      11.1.1.2.1. Harmonic Scalpels
      11.1.1.2.2. Endoscopic Trocars and Components
      11.1.1.2.3. General Surgery Medical Devices
      11.1.1.2.4. Infusion Pressure Bags
      11.1.1.2.5. Balloon Inflation Devices
    11.1.1.3. Orthopedic/ Arthroscopic Medical Devices
      11.1.1.3.1. External Fixation Devices
      11.1.1.3.2. Gastroenterology Medical Devices
      11.1.1.3.3. Biopsy Forceps
  11.1.2. End User Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    11.1.2.1. Hospitals
    11.1.2.2. Clinics
    11.1.2.3. Ambulatory Surgical Centres
    11.1.2.4. Community Healthcare
    11.1.2.5. Diagnostic Laboratories
    11.1.2.6. Others
  11.1.3. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    11.1.3.1. Brazil
    11.1.3.2. Mexico
    11.1.3.3. Argentina
    11.1.3.4. Venezuela
    11.1.3.5. Rest of Latin America
  11.1.4. Latin America Reprocessed Medical Devices Market- Opportunity Analysis Index - By Product Type, By End User, and Country, 2017 – 2023
  11.1.5. Latin America Reprocessed Medical Devices Market Dynamics – Trends

12. MIDDLE EAST & AFRICA REPROCESSED MEDICAL DEVICES MARKET ANALYSIS, 2012 - 2016 AND FORECAST, 2017 - 2023

  12.1.1. Product Type Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    12.1.1.1. Cardiovascular Medical Devices
      12.1.1.1.1. Cardiac Stabilization and Positioning Devices
      12.1.1.1.2. Blood Pressure Cuffs/Tourniquet Cuffs
      12.1.1.1.3. Electrophysiology Cables
      12.1.1.1.4. Deep Vein Compression Sleeves (DVT)
      12.1.1.1.5. Diagnostic Electrophysiology Catheters
    12.1.1.2. Laparoscopic Medical Devices
      12.1.1.2.1. Harmonic Scalpels
      12.1.1.2.2. Endoscopic Trocars and Components
      12.1.1.2.3. General Surgery Medical Devices
      12.1.1.2.4. Infusion Pressure Bags
      12.1.1.2.5. Balloon Inflation Devices
    12.1.1.3. Orthopedic/ Arthroscopic Medical Devices
      12.1.1.3.1. External Fixation Devices
      12.1.1.3.2. Gastroenterology Medical Devices
      12.1.1.3.3. Biopsy Forceps
  12.1.2. End User Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    12.1.2.1. Hospitals
    12.1.2.2. Clinics
    12.1.2.3. Ambulatory Surgical Centres
    12.1.2.4. Community Healthcare
    12.1.2.5. Diagnostic Laboratories
    12.1.2.6. Others
  12.1.3. Country Analysis (2012 – 2016) and Forecast (2017 – 2023) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    12.1.3.1. Gulf Cooperation Council (GCC) Countries
    12.1.3.2. Israel
    12.1.3.3. South Africa
    12.1.3.4. Rest of MEA
  12.1.4. MEA Reprocessed Medical Devices Market- Opportunity Analysis Index - By Product Type, By Surgery, By End User, and Country, 2017 – 2023
  12.1.5. MEA Reprocessed Medical Devices Market Dynamics – Trends

13. COMPETITION LANDSCAPE

13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
  13.2.1. Medline ReNewal (U.S.)
  13.2.2. Johnson & Johnson (U.S.)
  13.2.3. Stryker Corporation (U.S.)
  13.2.4. Vanguard AG (Germany)
  13.2.5. SteriPro Canada, Inc.(Canada)
  13.2.6. Pioneer Medical Devices AG (Germany)
  13.2.7. HYGIA Health Services, Inc. (U.S.)
  13.2.8. Vascular Solutions, Inc. (U.S.)
  13.2.9. ReNu Medical, Inc. (U.S.)
  13.2.10. Centurion Medical Products Corporation (U.S.)
  13.2.11. SureTek Medical (U.S.)

14. RESEARCH METHODOLOGY

15. KEY ASSUMPTIONS AND ACRONYMS


More Publications