The global medical device reprocessing market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing number of hospitals and healthcare facilities across the globe, which in turn leads to an increase in demand for medical devices. Moreover, with the rising awareness about infection control and safety standards among patients and healthcare professionals, there has been a significant increase in demand for reprocessed medical devices.
The global medical device reprocessing market by type includes catheter, endoscope, laparoscopic instruments, biopsy and pulse oximeter. The catheter segment accounted for the largest share of this market in 2018 owing to its wide range of applications such as cardiology (e.g., coronary angiography), gastroenterology (e.g., colonoscopy) and anesthesia (e.g., epidural). The endoscope segment accounted for the second-largest share due to its wide range of applications such as cardiology (e.g., cardiac catheterization), gastroenterology (e.g., colonoscopy) and orthopedic surgery (e.g., arthroscopy).
Some Of The Growth Factors Of This Market:
- The medical device reprocessing market is expected to reach USD 3,890 million by 2025 from USD 2,906 million in 2017.
- Increasing prevalence of chronic diseases and rising healthcare expenditure are the major factors driving the growth of this market.
- Increasing number of hospitals and clinics are also driving the growth of this market 5.Growing awareness about safety and efficacy of devices.
Industry Growth Insights published a new data on “Medical Device Reprocessing Market”. The research report is titled “Medical Device Reprocessing Market research by Types (Catheter, Endoscope, Laparoscopic Instruments, Biopsy, Pulse Oximeter), By Applications (Cardiology, Gastroenterology, Arthroscopy, Orthopedic, Anesthesia, Other), By Players/Companies Stryker Corporation, Johnson & Johnson, Vanguard, Medline ReNewal, Medtronic, SteriPro Canada, Pioneer Medical Devices, Vascular Solutions, HYGIA Health Services, ReNu Medical, SureTek Medical, Centurion Medical Products Corporation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Device Reprocessing Market Research Report
By Type
Catheter, Endoscope, Laparoscopic Instruments, Biopsy, Pulse Oximeter
By Application
Cardiology, Gastroenterology, Arthroscopy, Orthopedic, Anesthesia, Other
By Companies
Stryker Corporation, Johnson & Johnson, Vanguard, Medline ReNewal, Medtronic, SteriPro Canada, Pioneer Medical Devices, Vascular Solutions, HYGIA Health Services, ReNu Medical, SureTek Medical, Centurion Medical Products Corporation
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Medical Device Reprocessing Market Report Segments:
The global Medical Device Reprocessing market is segmented on the basis of:
Types
Catheter, Endoscope, Laparoscopic Instruments, Biopsy, Pulse Oximeter
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
Cardiology, Gastroenterology, Arthroscopy, Orthopedic, Anesthesia, Other
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:
- Stryker Corporation
- Johnson & Johnson
- Vanguard
- Medline ReNewal
- Medtronic
- SteriPro Canada
- Pioneer Medical Devices
- Vascular Solutions
- HYGIA Health Services
- ReNu Medical
- SureTek Medical
- Centurion Medical Products Corporation
Highlights of The Medical Device Reprocessing 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:
- Catheter
- Endoscope
- Laparoscopic Instruments
- Biopsy
- Pulse Oximeter
- By Application:
- Cardiology
- Gastroenterology
- Arthroscopy
- Orthopedic
- Anesthesia
- Other
- 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 Medical Device Reprocessing 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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- Correctly Positioning New Products
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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?
Medical device reprocessing is the process of recovering and recycling used medical devices. This can include removing components that are no longer needed, cleaning and sanitizing the devices, and packaging them for shipment to a recycler.
Some of the major companies in the medical device reprocessing market are Stryker Corporation, Johnson & Johnson, Vanguard, Medline ReNewal, Medtronic, SteriPro Canada, Pioneer Medical Devices, Vascular Solutions, HYGIA Health Services, ReNu Medical, SureTek Medical, Centurion Medical Products Corporation.
The medical device reprocessing market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Device Reprocessing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Device Reprocessing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Device Reprocessing Market - Supply Chain
4.5. Global Medical Device Reprocessing Market Forecast
4.5.1. Medical Device Reprocessing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Device Reprocessing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Device Reprocessing Market Absolute $ Opportunity
5. Global Medical Device Reprocessing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Device Reprocessing Market Size and Volume Forecast by Type
5.3.1. Catheter
5.3.2. Endoscope
5.3.3. Laparoscopic Instruments
5.3.4. Biopsy
5.3.5. Pulse Oximeter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Device Reprocessing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Device Reprocessing Market Size and Volume Forecast by Application
6.3.1. Cardiology
6.3.2. Gastroenterology
6.3.3. Arthroscopy
6.3.4. Orthopedic
6.3.5. Anesthesia
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Device Reprocessing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Device Reprocessing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Device Reprocessing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Device Reprocessing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Device Reprocessing Demand Share Forecast, 2019-2029
9. North America Medical Device Reprocessing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Device Reprocessing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Device Reprocessing Market Size and Volume Forecast by Application
9.4.1. Cardiology
9.4.2. Gastroenterology
9.4.3. Arthroscopy
9.4.4. Orthopedic
9.4.5. Anesthesia
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Device Reprocessing Market Size and Volume Forecast by Type
9.7.1. Catheter
9.7.2. Endoscope
9.7.3. Laparoscopic Instruments
9.7.4. Biopsy
9.7.5. Pulse Oximeter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Device Reprocessing Demand Share Forecast, 2019-2029
10. Latin America Medical Device Reprocessing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Device Reprocessing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Device Reprocessing Market Size and Volume Forecast by Application
10.4.1. Cardiology
10.4.2. Gastroenterology
10.4.3. Arthroscopy
10.4.4. Orthopedic
10.4.5. Anesthesia
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Device Reprocessing Market Size and Volume Forecast by Type
10.7.1. Catheter
10.7.2. Endoscope
10.7.3. Laparoscopic Instruments
10.7.4. Biopsy
10.7.5. Pulse Oximeter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Device Reprocessing Demand Share Forecast, 2019-2029
11. Europe Medical Device Reprocessing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Device Reprocessing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Device Reprocessing Market Size and Volume Forecast by Application
11.4.1. Cardiology
11.4.2. Gastroenterology
11.4.3. Arthroscopy
11.4.4. Orthopedic
11.4.5. Anesthesia
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Device Reprocessing Market Size and Volume Forecast by Type
11.7.1. Catheter
11.7.2. Endoscope
11.7.3. Laparoscopic Instruments
11.7.4. Biopsy
11.7.5. Pulse Oximeter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Device Reprocessing Demand Share, 2019-2029
12. Asia Pacific Medical Device Reprocessing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Device Reprocessing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Device Reprocessing Market Size and Volume Forecast by Application
12.4.1. Cardiology
12.4.2. Gastroenterology
12.4.3. Arthroscopy
12.4.4. Orthopedic
12.4.5. Anesthesia
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Device Reprocessing Market Size and Volume Forecast by Type
12.7.1. Catheter
12.7.2. Endoscope
12.7.3. Laparoscopic Instruments
12.7.4. Biopsy
12.7.5. Pulse Oximeter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Device Reprocessing Demand Share, 2019-2029
13. Middle East & Africa Medical Device Reprocessing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Device Reprocessing Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Device Reprocessing Market Size and Volume Forecast by Application
13.4.1. Cardiology
13.4.2. Gastroenterology
13.4.3. Arthroscopy
13.4.4. Orthopedic
13.4.5. Anesthesia
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Device Reprocessing Market Size and Volume Forecast by Type
13.7.1. Catheter
13.7.2. Endoscope
13.7.3. Laparoscopic Instruments
13.7.4. Biopsy
13.7.5. Pulse Oximeter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Device Reprocessing Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Medical Device Reprocessing Market: Market Share Analysis
14.2. Medical Device Reprocessing Distributors and Customers
14.3. Medical Device Reprocessing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stryker Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Johnson & Johnson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vanguard
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Medline ReNewal
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Medtronic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SteriPro Canada
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pioneer Medical Devices
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vascular Solutions
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HYGIA Health Services
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ReNu Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SureTek Medical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Centurion Medical Products Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
