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Global Medical Device Reprocessing Market Size, Share & Industry Trends Analysis Report By Type (Reprocessing Support & Services and Reprocessed Medical Devices), By Device Category, By Application, By Regional Outlook and Forecast, 2022 - 2028

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    Report

  • 230 Pages
  • August 2022
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5659021
Description Jump to:
The Global Medical Device Reprocessing Market size is expected to reach $4 billion by 2028, rising at a market growth of 13.7% CAGR during the forecast period.

Cleaning, sterilizing, refurbishing, repairing, disinfecting, as well as reconditioning discarded medical devices in order to make prepare them for reuse is known as medical device reprocessing. In the healthcare business, medical devices are utilized in a number of processes, including diagnosis, monitoring, treatment, and enhancing the health and wellbeing of monitored individuals. The treatment of medical devices or their components and parts in the market for medical device reprocessing includes making them reusable.



Pre-soaking, automatic washing, manual cleaning, and disinfection are among the procedures used in the reprocessing of medical devices. Medical instruments that can be reused include stethoscopes, forceps, and endoscopes. Reprocessing may involve point-of-use treatment, packaging, cleaning, high-level disinfection, and sterilization, among other procedures, depending on the categorization of the device.

Sterilization and disinfection are crucial for preventing the transmission of infectious germs to patients through medical devices and instruments. The risk of infection is decreased and patient outcomes are enhanced in a healthcare facility by adhering to industry standards and best practices for medical device reprocessing. In addition to the Instructions for Use provided by the device's manufacturer and the rules and procedures of the healthcare facility, industry governing bodies also provide guidelines for the reprocessing of medical devices.

A sample system for classifying medical equipment into reprocessing criticality categories based on use risk is the Spaulding classification. It can be used to assist determine how much processing an instrument requires. Reprocessing used medical equipment properly is a crucial step in ensuring the safety of patients. Reprocessing is done to make sure that equipment is clean and safe for the following patient by removing tissue, blood, and other biological debris as well as by inactivating infectious bacteria.

COVID-19 Impact Analysis

Hospitals produce a lot of waste per bed each day, and the beginning of COVID-19 has raised this volume even more by boosting the demand for single-use medical equipment. The public, patients, healthcare staff, and waste management personnel are all at risk for health issues as a result of improper management of disposing of medical waste. By reprocessing the discarded single-use medical equipment, many medical device reprocessing service providers are implementing sustainability solutions to help manage this problem. hence enhancing waste reduction and increasing product longevity. Hence, the COVID-19 pandemic spurred the growth of the COVID-19 pandemic.

Market Growth Factors

Helps Is Addressing The Issue Of Increasing Medical Waste

Activities related to healthcare produce a considerable amount of waste that could have a negative impact on the health of people as well as sanitary staff. The majority of this waste is not any riskier than standard home waste. Some forms of medical waste, however, pose a higher risk to health. It includes infectious waste, of which sharps trash, body part waste, pharmaceutical or chemical waste, radioactive and cytotoxic waste, and broken thermometers are included. In addition, hazardous biological waste is produced in part by medical waste. The generation and disposal of medical waste is a crucial issue, particularly in nations with a high population along with inadequate sanitation.

Substantially Saves Cost For Hospitals And Other Healthcare Facilities

Tools and devices used in hospitals and other healthcare facilities are very expensive. As the number of patients needing various surgeries is increasing, affording these devices can become a significant challenge for hospitals. However, hospital sterilizing practices had to evolve as plastic materials became more prevalent. They developed in complexity and emphasized security. Nowadays, reprocessing is considered a third-party procedure. Hospitals should expect cost reductions from reprocessing companies, which also offer to contribute to their financial success.

Market Restraining Factors

Rising Number Of Complexities In Medical Devices

The challenges of performing adequate cleaning, disinfection, and sterilization have grown as medical devices have gotten more complicated over time. The sterilization, disinfection, and cleaning of medical devices involve numerous stakeholders, including regulatory organizations, such as the FDA, CDC, state departments of public health, medical device makers, re-processors, standards-setting bodies, and test labs. The burden of ensuring that reprocessing methods are effective and adhered to falls on the numerous stakeholders involved in this issue.

Type Outlook

Based on Type, the Medical Device Reprocessing Market is bifurcated into Reprocessing Support & Services and Reprocessed medical devices. In 2021, the reprocessing support & services segment held the biggest revenue share of the medical device reprocessing market. The significantly increasing growth of the market is primarily attributed to the expanding demand for ways to cut down on medical waste. In addition, the growth of the segment is also owing to an increasing number of businesses and organizations offering reprocessing services and support.



Device Category Outlook

On the basis of Device Category, the Medical Device Reprocessing Market is segregated into Critical Devices, Semi- Critical Devices, and Non- Critical Devices. In 2021, the semi-critical devices segment recorded a substantial revenue share of the medical device reprocessing market. The growth of the segment is rising as a result of the increasing significance of such devices all over the world. During a process, semi-critical equipment may come into contact with mucous membranes or skin that is not intact.

Application Outlook

By Application, the Medical Device Reprocessing Market is segmented into Cardiology, Gastroenterology, Gynecology, Arthroscopy & Orthopedic Surgery, General Surgery and Anesthesia, and Other Applications. In 2021, the gastroenterology segment garnered a significant revenue share of the medical device reprocessing market. The rising growth of the segment is majorly attributed to the rapidly changing lifestyle of people all over the world. Due to unhealthy eating patterns along with a sedentary lifestyle of people, the demand for gastroenterology treatment is inclining all over the world.

Regional Outlook

Region-Wise, the Medical Device Reprocessing Market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2021, North America held the largest revenue share of the medical device reprocessing market. The regional market is expanding as a result of factors, like the growing demand to lower healthcare expenses in the US and the existence of top service providers of medical device reprocessing in the US area. Moreover, the growth of the market in the region can also be linked to the expanding economy, the rise in chronic disease prevalence, and the growing demand for hospital cost savings.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stryker Corporation, Johnson & Johnson, Medline Industries, Inc. (Centurion Medical Products Corporation), Medtronic PLC, Steris Healthcare, Arjo Group (ReNu Medical, Inc.), Cardinal Health, Inc. (Sustainable Technologies), Avante Health Solutions, Konoike Group, and Vanguard AG.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Reprocessing Support & Services
  • Reprocessed Medical Devices

By Device Category

  • Critical Devices
  • Semi- Critical Devices
  • Non- Critical Devices

By Application

  • Cardiology
  • Gynecology
  • General Surgery & Anesthesia
  • Gastroenterology
  • Arthroscopy & Orthopedic Surgery
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Australia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Stryker Corporation
  • Johnson & Johnson
  • Medline Industries, Inc. (Centurion Medical Products Corporation)
  • Medtronic PLC
  • Steris Healthcare
  • Arjo Group (ReNu Medical, Inc.)
  • Cardinal Health, Inc. (Sustainable Technologies)
  • Avante Health Solutions
  • Konoike Group
  • Vanguard AG

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Medical Device Reprocessing Market, by Type
1.4.2 Global Medical Device Reprocessing Market, by Device Category
1.4.3 Global Medical Device Reprocessing Market, by Application
1.4.4 Global Medical Device Reprocessing Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Medical Device Reprocessing Market by Type
3.1 Global Reprocessing Support & Services Market by Region
3.2 Global Reprocessed Medical Devices Market by Region
Chapter 4. Global Medical Device Reprocessing Market by Device Category
4.1 Global Critical Devices Market by Region
4.2 Global Semi- Critical Devices Market by Region
4.3 Global Non- Critical Devices Market by Region
Chapter 5. Global Medical Device Reprocessing Market by Application
5.1 Global Cardiology Market by Region
5.2 Global Gynecology Market by Region
5.3 Global General Surgery & Anesthesia Market by Region
5.4 Global Gastroenterology Market by Region
5.5 Global Arthroscopy & Orthopedic Surgery Market by Region
5.6 Global Others Market by Region
Chapter 6. Global Medical Device Reprocessing Market by Region
6.1 North America Medical Device Reprocessing Market
6.1.1 North America Medical Device Reprocessing Market by Type
6.1.1.1 North America Reprocessing Support & Services Market by Country
6.1.1.2 North America Reprocessed Medical Devices Market by Country
6.1.2 North America Medical Device Reprocessing Market by Device Category
6.1.2.1 North America Critical Devices Market by Country
6.1.2.2 North America Semi- Critical Devices Market by Country
6.1.2.3 North America Non- Critical Devices Market by Country
6.1.3 North America Medical Device Reprocessing Market by Application
6.1.3.1 North America Cardiology Market by Country
6.1.3.2 North America Gynecology Market by Country
6.1.3.3 North America General Surgery & Anesthesia Market by Country
6.1.3.4 North America Gastroenterology Market by Country
6.1.3.5 North America Arthroscopy & Orthopedic Surgery Market by Country
6.1.3.6 North America Others Market by Country
6.1.4 North America Medical Device Reprocessing Market by Country
6.1.4.1 US Medical Device Reprocessing Market
6.1.4.1.1 US Medical Device Reprocessing Market by Type
6.1.4.1.2 US Medical Device Reprocessing Market by Device Category
6.1.4.1.3 US Medical Device Reprocessing Market by Application
6.1.4.2 Canada Medical Device Reprocessing Market
6.1.4.2.1 Canada Medical Device Reprocessing Market by Type
6.1.4.2.2 Canada Medical Device Reprocessing Market by Device Category
6.1.4.2.3 Canada Medical Device Reprocessing Market by Application
6.1.4.3 Mexico Medical Device Reprocessing Market
6.1.4.3.1 Mexico Medical Device Reprocessing Market by Type
6.1.4.3.2 Mexico Medical Device Reprocessing Market by Device Category
6.1.4.3.3 Mexico Medical Device Reprocessing Market by Application
6.1.4.4 Rest of North America Medical Device Reprocessing Market
6.1.4.4.1 Rest of North America Medical Device Reprocessing Market by Type
6.1.4.4.2 Rest of North America Medical Device Reprocessing Market by Device Category
6.1.4.4.3 Rest of North America Medical Device Reprocessing Market by Application
6.2 Europe Medical Device Reprocessing Market
6.2.1 Europe Medical Device Reprocessing Market by Type
6.2.1.1 Europe Reprocessing Support & Services Market by Country
6.2.1.2 Europe Reprocessed Medical Devices Market by Country
6.2.2 Europe Medical Device Reprocessing Market by Device Category
6.2.2.1 Europe Critical Devices Market by Country
6.2.2.2 Europe Semi- Critical Devices Market by Country
6.2.2.3 Europe Non- Critical Devices Market by Country
6.2.3 Europe Medical Device Reprocessing Market by Application
6.2.3.1 Europe Cardiology Market by Country
6.2.3.2 Europe Gynecology Market by Country
6.2.3.3 Europe General Surgery & Anesthesia Market by Country
6.2.3.4 Europe Gastroenterology Market by Country
6.2.3.5 Europe Arthroscopy & Orthopedic Surgery Market by Country
6.2.3.6 Europe Others Market by Country
6.2.4 Europe Medical Device Reprocessing Market by Country
6.2.4.1 Germany Medical Device Reprocessing Market
6.2.4.1.1 Germany Medical Device Reprocessing Market by Type
6.2.4.1.2 Germany Medical Device Reprocessing Market by Device Category
6.2.4.1.3 Germany Medical Device Reprocessing Market by Application
6.2.4.2 UK Medical Device Reprocessing Market
6.2.4.2.1 UK Medical Device Reprocessing Market by Type
6.2.4.2.2 UK Medical Device Reprocessing Market by Device Category
6.2.4.2.3 UK Medical Device Reprocessing Market by Application
6.2.4.3 France Medical Device Reprocessing Market
6.2.4.3.1 France Medical Device Reprocessing Market by Type
6.2.4.3.2 France Medical Device Reprocessing Market by Device Category
6.2.4.3.3 France Medical Device Reprocessing Market by Application
6.2.4.4 Russia Medical Device Reprocessing Market
6.2.4.4.1 Russia Medical Device Reprocessing Market by Type
6.2.4.4.2 Russia Medical Device Reprocessing Market by Device Category
6.2.4.4.3 Russia Medical Device Reprocessing Market by Application
6.2.4.5 Spain Medical Device Reprocessing Market
6.2.4.5.1 Spain Medical Device Reprocessing Market by Type
6.2.4.5.2 Spain Medical Device Reprocessing Market by Device Category
6.2.4.5.3 Spain Medical Device Reprocessing Market by Application
6.2.4.6 Italy Medical Device Reprocessing Market
6.2.4.6.1 Italy Medical Device Reprocessing Market by Type
6.2.4.6.2 Italy Medical Device Reprocessing Market by Device Category
6.2.4.6.3 Italy Medical Device Reprocessing Market by Application
6.2.4.7 Rest of Europe Medical Device Reprocessing Market
6.2.4.7.1 Rest of Europe Medical Device Reprocessing Market by Type
6.2.4.7.2 Rest of Europe Medical Device Reprocessing Market by Device Category
6.2.4.7.3 Rest of Europe Medical Device Reprocessing Market by Application
6.3 Asia Pacific Medical Device Reprocessing Market
6.3.1 Asia Pacific Medical Device Reprocessing Market by Type
6.3.1.1 Asia Pacific Reprocessing Support & Services Market by Country
6.3.1.2 Asia Pacific Reprocessed Medical Devices Market by Country
6.3.2 Asia Pacific Medical Device Reprocessing Market by Device Category
6.3.2.1 Asia Pacific Critical Devices Market by Country
6.3.2.2 Asia Pacific Semi- Critical Devices Market by Country
6.3.2.3 Asia Pacific Non- Critical Devices Market by Country
6.3.3 Asia Pacific Medical Device Reprocessing Market by Application
6.3.3.1 Asia Pacific Cardiology Market by Country
6.3.3.2 Asia Pacific Gynecology Market by Country
6.3.3.3 Asia Pacific General Surgery & Anesthesia Market by Country
6.3.3.4 Asia Pacific Gastroenterology Market by Country
6.3.3.5 Asia Pacific Arthroscopy & Orthopedic Surgery Market by Country
6.3.3.6 Asia Pacific Others Market by Country
6.3.4 Asia Pacific Medical Device Reprocessing Market by Country
6.3.4.1 China Medical Device Reprocessing Market
6.3.4.1.1 China Medical Device Reprocessing Market by Type
6.3.4.1.2 China Medical Device Reprocessing Market by Device Category
6.3.4.1.3 China Medical Device Reprocessing Market by Application
6.3.4.2 Japan Medical Device Reprocessing Market
6.3.4.2.1 Japan Medical Device Reprocessing Market by Type
6.3.4.2.2 Japan Medical Device Reprocessing Market by Device Category
6.3.4.2.3 Japan Medical Device Reprocessing Market by Application
6.3.4.3 India Medical Device Reprocessing Market
6.3.4.3.1 India Medical Device Reprocessing Market by Type
6.3.4.3.2 India Medical Device Reprocessing Market by Device Category
6.3.4.3.3 India Medical Device Reprocessing Market by Application
6.3.4.4 Australia Medical Device Reprocessing Market
6.3.4.4.1 Australia Medical Device Reprocessing Market by Type
6.3.4.4.2 Australia Medical Device Reprocessing Market by Device Category
6.3.4.4.3 Australia Medical Device Reprocessing Market by Application
6.3.4.5 South Korea Medical Device Reprocessing Market
6.3.4.5.1 South Korea Medical Device Reprocessing Market by Type
6.3.4.5.2 South Korea Medical Device Reprocessing Market by Device Category
6.3.4.5.3 South Korea Medical Device Reprocessing Market by Application
6.3.4.6 Singapore Medical Device Reprocessing Market
6.3.4.6.1 Singapore Medical Device Reprocessing Market by Type
6.3.4.6.2 Singapore Medical Device Reprocessing Market by Device Category
6.3.4.6.3 Singapore Medical Device Reprocessing Market by Application
6.3.4.7 Rest of Asia Pacific Medical Device Reprocessing Market
6.3.4.7.1 Rest of Asia Pacific Medical Device Reprocessing Market by Type
6.3.4.7.2 Rest of Asia Pacific Medical Device Reprocessing Market by Device Category
6.3.4.7.3 Rest of Asia Pacific Medical Device Reprocessing Market by Application
6.4 LAMEA Medical Device Reprocessing Market
6.4.1 LAMEA Medical Device Reprocessing Market by Type
6.4.1.1 LAMEA Reprocessing Support & Services Market by Country
6.4.1.2 LAMEA Reprocessed Medical Devices Market by Country
6.4.2 LAMEA Medical Device Reprocessing Market by Device Category
6.4.2.1 LAMEA Critical Devices Market by Country
6.4.2.2 LAMEA Semi- Critical Devices Market by Country
6.4.2.3 LAMEA Non- Critical Devices Market by Country
6.4.3 LAMEA Medical Device Reprocessing Market by Application
6.4.3.1 LAMEA Cardiology Market by Country
6.4.3.2 LAMEA Gynecology Market by Country
6.4.3.3 LAMEA General Surgery & Anesthesia Market by Country
6.4.3.4 LAMEA Gastroenterology Market by Country
6.4.3.5 LAMEA Arthroscopy & Orthopedic Surgery Market by Country
6.4.3.6 LAMEA Others Market by Country
6.4.4 LAMEA Medical Device Reprocessing Market by Country
6.4.4.1 Brazil Medical Device Reprocessing Market
6.4.4.1.1 Brazil Medical Device Reprocessing Market by Type
6.4.4.1.2 Brazil Medical Device Reprocessing Market by Device Category
6.4.4.1.3 Brazil Medical Device Reprocessing Market by Application
6.4.4.2 Argentina Medical Device Reprocessing Market
6.4.4.2.1 Argentina Medical Device Reprocessing Market by Type
6.4.4.2.2 Argentina Medical Device Reprocessing Market by Device Category
6.4.4.2.3 Argentina Medical Device Reprocessing Market by Application
6.4.4.3 UAE Medical Device Reprocessing Market
6.4.4.3.1 UAE Medical Device Reprocessing Market by Type
6.4.4.3.2 UAE Medical Device Reprocessing Market by Device Category
6.4.4.3.3 UAE Medical Device Reprocessing Market by Application
6.4.4.4 Saudi Arabia Medical Device Reprocessing Market
6.4.4.4.1 Saudi Arabia Medical Device Reprocessing Market by Type
6.4.4.4.2 Saudi Arabia Medical Device Reprocessing Market by Device Category
6.4.4.4.3 Saudi Arabia Medical Device Reprocessing Market by Application
6.4.4.5 South Africa Medical Device Reprocessing Market
6.4.4.5.1 South Africa Medical Device Reprocessing Market by Type
6.4.4.5.2 South Africa Medical Device Reprocessing Market by Device Category
6.4.4.5.3 South Africa Medical Device Reprocessing Market by Application
6.4.4.6 Nigeria Medical Device Reprocessing Market
6.4.4.6.1 Nigeria Medical Device Reprocessing Market by Type
6.4.4.6.2 Nigeria Medical Device Reprocessing Market by Device Category
6.4.4.6.3 Nigeria Medical Device Reprocessing Market by Application
6.4.4.7 Rest of LAMEA Medical Device Reprocessing Market
6.4.4.7.1 Rest of LAMEA Medical Device Reprocessing Market by Type
6.4.4.7.2 Rest of LAMEA Medical Device Reprocessing Market by Device Category
6.4.4.7.3 Rest of LAMEA Medical Device Reprocessing Market by Application
Chapter 7. Company Profiles
7.1 Medtronic PLC
7.1.1 Company overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Stryker Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Geographical Expansions:
7.2.5.2 Acquisitions and Mergers:
7.3 Arjo AB (ReNu Medical, Inc.)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.4 Steris PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Acquisition and Mergers:
7.5 KONOIKE Group (KONOIKE Medical Co., Ltd.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental Analysis
7.6 Cardinal Health, Inc. (Sustainable Technologies)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.7 Johnson & Johnson
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental &Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 Vanguard AG
7.8.1 Company Overview
7.9 Medline Industries, Inc.
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.10. Avante Health Solutions
7.10.1 Company Overview

Companies Mentioned

  • Stryker Corporation
  • Johnson & Johnson
  • Medline Industries, Inc. (Centurion Medical Products Corporation)
  • Medtronic PLC
  • Steris Healthcare
  • Arjo Group (ReNu Medical, Inc.)
  • Cardinal Health, Inc. (Sustainable Technologies)
  • Avante Health Solutions
  • Konoike Group
  • Vanguard AG

Methodology

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