Market Overview:
The global reprocessed single-use devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for reprocessed single-use devices due to their cost-effectiveness and rising awareness about the benefits of using these devices. In addition, the increasing number of surgical procedures is also contributing to the growth of this market. Based on type, surgical saw blades are expected to account for the largest share in terms of revenue in 2018, followed by surgical drills and laparoscopy scissors. The large share of this segment can be attributed to its widespread use in various types of surgeries. Based on application, hospitals are expected to account for the largest share in terms of revenue in 2018, followed by clinics and ambulatory surgical centers (ASCs).
Product Definition:
A reprocessed single-use device is a medical device that has been used and then cleaned, disinfected, and sterilized for reuse. Reprocessing can reduce the cost of using medical devices and may help to conserve supplies.
Surgical Saw Blades:
Surgical saw blades are used in various surgical procedures. It is a thin, stiff, and double-edged blade that is used to cut bones during surgeries. The growing demand for single-use devices in the healthcare industry has led to an increase in the usage of these blades as they provide high accuracy while cutting through bone and other tissues with minimal blood loss.
The global Surgical Saw Blades market was valued at USD 537 million in 2016.
Surgical Drills:
Surgical drills are used to create larger punctures and openings in the device or product during its manufacturing process. These devices are mainly used in medical devices, which require a large number of holes to be drilled before they can be sterilized. Surgical drills can also be utilized for creating larger opening in products that have already been manufactured but need repair/modification done to it.
Application Insights:
The others application segment held the largest share of 66.7% in 2017. The other applications include diagnostic centers, hospitals and clinics, and ambulatory surgical centers. Hospitals accounted for the highest share in terms of revenue as well as volume in 2017 owing to a large number of procedures being performed there compared to other types of healthcare facilities such as clinics or ASCs.
In addition, hospitals are considered ideal settings for many surgeries due to advanced equipment availability along with highly skilled personnel present during medical emergencies or traumatic injuries requiring emergency care services at-the-scene (ATSC).
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for minimally invasive surgeries are some factors driving the market growth in this region. Moreover, growing preference for single-use devices over reusable ones is also expected to drive their demand in North America during the forecast period.
Asia Pacific is anticipated to be one of the fastest growing regions owing to rising medical tourism and improving healthcare infrastructure due to government initiatives such as “Hospital Improvement Program†(HIP) initiated by China's Ministry of Health (MoH). In addition, an increase in disposable income levels and awareness about advanced treatment options are also expected to drive regional market growth during the forecast period.
Growth Factors:
- Increasing demand for reprocessed single-use devices from hospitals and clinics owing to the benefits associated with it such as cost savings, improved patient safety, and reduced environmental impact.
- Proliferation of private reprocessing companies that offer comprehensive services for reprocessing a wide range of single-use medical devices. This is expected to increase the availability of reprocessed devices and drive their uptake among healthcare providers.
- Growing awareness about the benefits of using reprocessed single-use devices among healthcare professionals and patients alike is likely to boost market growth in the coming years.
- Stringent regulatory framework governing medical device manufacturing and use is likely to create opportunities for players operating in the reprocessed single-use device market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Reprocessed Single-Use Devices Market Research Report
By Type
Surgical Saw Blades, Surgical Drills, Laparoscopy Scissors, Orthodontic Braces, Electrophysiology Catheters, Endotracheal Tubes, Balloon Angioplasty Catheters, Biopsy Forceps
By Application
Hospitals, Clinics, Ambulatory Surgical Centers, Others
By Companies
Centurion Medical Products, Hygia Health Services, ReNu Medical, SterilMed, Stryker Sustainability Solutions, SureTek Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Reprocessed Single-Use Devices Market Report Segments:
The global Reprocessed Single-Use Devices market is segmented on the basis of:
Types
Surgical Saw Blades, Surgical Drills, Laparoscopy Scissors, Orthodontic Braces, Electrophysiology Catheters, Endotracheal Tubes, Balloon Angioplasty Catheters, Biopsy Forceps
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Ambulatory Surgical Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Centurion Medical Products
- Hygia Health Services
- ReNu Medical
- SterilMed
- Stryker Sustainability Solutions
- SureTek Medical
Highlights of The Reprocessed Single-Use Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Surgical Saw Blades
- Surgical Drills
- Laparoscopy Scissors
- Orthodontic Braces
- Electrophysiology Catheters
- Endotracheal Tubes
- Balloon Angioplasty Catheters
- Biopsy Forceps
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Reprocessed Single-Use Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Reprocessed single-use devices are products that have been used once and then recycled. These products can include plastic water bottles, food packaging, and other materials.
Some of the key players operating in the reprocessed single-use devices market are Centurion Medical Products, Hygia Health Services, ReNu Medical, SterilMed, Stryker Sustainability Solutions, SureTek Medical.
The reprocessed single-use devices market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Reprocessed Single-Use Devices Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Reprocessed Single-Use Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Reprocessed Single-Use Devices Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Reprocessed Single-Use Devices Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Reprocessed Single-Use Devices Market Size & Forecast, 2020-2028 4.5.1 Reprocessed Single-Use Devices Market Size and Y-o-Y Growth 4.5.2 Reprocessed Single-Use Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Surgical Saw Blades
5.2.2 Surgical Drills
5.2.3 Laparoscopy Scissors
5.2.4 Orthodontic Braces
5.2.5 Electrophysiology Catheters
5.2.6 Endotracheal Tubes
5.2.7 Balloon Angioplasty Catheters
5.2.8 Biopsy Forceps
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Reprocessed Single-Use Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Reprocessed Single-Use Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Surgical Saw Blades
9.6.2 Surgical Drills
9.6.3 Laparoscopy Scissors
9.6.4 Orthodontic Braces
9.6.5 Electrophysiology Catheters
9.6.6 Endotracheal Tubes
9.6.7 Balloon Angioplasty Catheters
9.6.8 Biopsy Forceps
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Surgical Saw Blades
10.6.2 Surgical Drills
10.6.3 Laparoscopy Scissors
10.6.4 Orthodontic Braces
10.6.5 Electrophysiology Catheters
10.6.6 Endotracheal Tubes
10.6.7 Balloon Angioplasty Catheters
10.6.8 Biopsy Forceps
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Surgical Saw Blades
11.6.2 Surgical Drills
11.6.3 Laparoscopy Scissors
11.6.4 Orthodontic Braces
11.6.5 Electrophysiology Catheters
11.6.6 Endotracheal Tubes
11.6.7 Balloon Angioplasty Catheters
11.6.8 Biopsy Forceps
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Surgical Saw Blades
12.6.2 Surgical Drills
12.6.3 Laparoscopy Scissors
12.6.4 Orthodontic Braces
12.6.5 Electrophysiology Catheters
12.6.6 Endotracheal Tubes
12.6.7 Balloon Angioplasty Catheters
12.6.8 Biopsy Forceps
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Surgical Saw Blades
13.6.2 Surgical Drills
13.6.3 Laparoscopy Scissors
13.6.4 Orthodontic Braces
13.6.5 Electrophysiology Catheters
13.6.6 Endotracheal Tubes
13.6.7 Balloon Angioplasty Catheters
13.6.8 Biopsy Forceps
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Reprocessed Single-Use Devices Market: Competitive Dashboard
14.2 Global Reprocessed Single-Use Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Centurion Medical Products
14.3.2 Hygia Health Services
14.3.3 ReNu Medical
14.3.4 SterilMed
14.3.5 Stryker Sustainability Solutions
14.3.6 SureTek Medical