Reprocessed Medical Devices Market (Cardiovascular Medical Devices, Laparoscopic Medical Devices, Orthopedic/ Arthroscopic Medical Devices Gastroenterology Medical Devices and General Surgery Medical Devices) 2015 – 2021

Reprocessed Medical Devices Market (Cardiovascular Medical Devices, Laparoscopic Medical Devices, Orthopedic/ Arthroscopic Medical Devices Gastroenterology Medical Devices and General Surgery Medical Devices) 2015 – 2021

Reprocessed Medical Devices Market (Cardiovascular Medical Devices, Laparoscopic Medical Devices, Orthopedic/ Arthroscopic Medical Devices Gastroenterology Medical Devices and General Surgery Medical Devices) 2015 – 2021

Comments Off on Reprocessed Medical Devices Market (Cardiovascular Medical Devices, Laparoscopic Medical Devices, Orthopedic/ Arthroscopic Medical Devices Gastroenterology Medical Devices and General Surgery Medical Devices) 2015 – 2021

According to the report, the global reprocessed medical devices market was valued at approximately USD 1.42billion in 2015 and is expected to reach approximately USD 4.02 billion by 2021, growing at a CAGR of around 19.7% between 2016 and 2021.The medical devices that can reprocess and reused on multiple patients are called as reusable medical devices. medical devices reprocessing refers to the process of remanufacturing, cleaning, testing, sterilizing and packaging of used and expired medical devices to be put in service again.

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According to the report, the global reprocessed medical devices market was valued at approximately USD 1.42billion in 2015 and is expected to reach approximately USD 4.02 billion by 2021, growing at a CAGR of around 19.7% between 2016 and 2021.

Reprocessed medical devices are devices that can be reprocessed and reused on multiple patients. Reprocessing of the medical devices is the process of disinfection, cleaning, remanufacturing, testing, packaging & labeling, and sterilization of medical equipment.The reprocessing of medical devices has taken the health care sector by storm in recent years.

Global reprocessed medical devices market is expected to exhibit strong growth in the near future on account of increasing significance and need for medical waste disposal. Moreover, a presence of favorable government regulations is expected to boost the market growth in the near future.Increasing investment of industry players in the form of manufacturing facility set up in Asia Pacific is further expected to present with a higher degree of growth in the years to come. However, reluctance in adopting reprocessed medical devices may pose a threat to the market growth in the years to come. Nonetheless, reduced product pricing of reprocessed devices is anticipated to open up new growth opportunities in the near future.

Global Reprocessed Medical Devices Market

The reprocessed medical device market is segmented on the basis of different types such as cardiovascular medical devices, laparoscopic medical devices, orthopedic/ arthroscopic medical devices, gastroenterology medical devices and general surgery medical devices. The cardiovascular was the largest segment and it held more than 55% share of the overall market due to its increasing incorporation in cardiac surgeries, such as diagnostics electrophysiology catheters, and blood pressure cuffs, in a wide range of diagnostic, blood pressure monitoring, and surgical applications in 2015. Laparoscopy was another leading segment on account of the increasing demand for minimally invasive techniques.

On the basis of end-use, reprocessed medical devices market can be segmented into the hospital and home healthcare.The hospital was the leading segment reprocessed medical devices market in 2015 and is expected to continue its dominance in the coming years. This growth is mainly attributed to increasing outsourcing activities for reprocessing to third-party vendors. For instance, according to the study published in PubMed, in the year 2007, the National Institutes of Health, more than 42% of hospitals in the U.S. outsourced reprocessing to third-party reprocessing organizations. Home healthcare is expected to experienced significant growth within the forecast period.

North America dominated the reprocessed medical devices market and accounted for the significant share of the global market in 2015. This growth is mainly due to the high rate of adoption and regulatory policies and government incentives. In terms of revenue, Europe was the second largest market for reprocessed medical devices and is expected to experience substantial growth in the near future. The reprocessed medical devices market in Asia Pacific region is expected to exhibit strong growth owing to rising government support and presence of untapped opportunities in emerging economies. Latin America and the Middle East & Africa are also expected to experience significant growth of reprocessed medical devices market during the forecast period.

Some of the key players in the reprocessed medical devices market such as Stryker Sustainability, SterilMed, Inc., ReNu Medical, Inc., MidWest Reprocessing Center, Vanguard AG, SureTek Medical, Medline ReNewal, Hygia Health Services, Inc., and Centurion Medical Products Corp.

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[wptab name=’Table of content’]

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global reprocessed medical devices market, 2015 – 2021 (USD Billion)
    • 2.2. Global reprocessed medical devices market : Snapshot
  • Chapter 3. Reprocessed medical devices – Market Dynamics
    • 3.1. Introduction
    • 3.2. Market drivers
      • 3.2.1. Global reprocessed medical devices market drivers: Impact analysis
      • 3.2.2. Cost-effectiveness of reprocessed devices
    • 3.3. Market restraints
      • 3.3.1. Global reprocessed medical devices market restraints: Impact analysis
      • 3.3.2. Unwillingness in adopting reprocessed medical devices
    • 3.4. Opportunities
      • 3.4.1. Emerging markets in the developing countries
    • 3.5. Porter’s five forces analysis
      • 3.5.1. Bargaining power of suppliers
      • 3.5.2. Bargaining power of buyers
      • 3.5.3. Threat from new entrants
      • 3.5.4. Threat from new substitutes
      • 3.5.5. Degree of competition
    • 3.6. Market attractiveness analysis
      • 3.6.1. Market attractiveness analysis, by type segment
      • 3.6.2. Market attractiveness analysis, by end-use segment
      • 3.6.3. Market attractiveness analysis, by regional segment
  • Chapter 4. Global Reprocessed Medical Devices Market – Competitive Landscape
    • 4.1. Company market share, 2015 (Subject To Data Availability)
      • 4.1.1. Global reprocessed medical devices market: company market share, 2015
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Type Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Type and Regional Expansion
    • 4.3. Product Portfolio
  • Chapter 5. Global Reprocessed Medical Devices Market – Type Analysis
    • 5.1. Global reprocessed medical devices market: Type overview
      • 5.1.1. Global reprocessed medical devices market revenue share, by end-use, 2015 – 2021
    • 5.2. Cardiovascular Medical Devices
      • 5.2.1. Global reprocessed medical devices market for cardiovascular medical devices, 2015 – 2021 (USD Billion)
    • 5.3. Laparoscopic Medical Devices
      • 5.3.1. Global reprocessed medical devices market for laparoscopic medical devices, 2015 – 2021 (USD Billion)
    • 5.4. Orthopedic/ Arthroscopic Medical Devices
      • 5.4.1. Global reprocessed medical devices market for orthopedic/ arthroscopic medical devices, 2015 – 2021 (USD Billion)
    • 5.5. Gastroenterology Medical Devices
      • 5.5.1. Global reprocessed medical devices market for gastroenterology medical devices, 2015 – 2021 (USD Billion)
    • 5.6. General Surgery Medical Devices
      • 5.6.1. Global reprocessed medical devices market for general surgery medical devices, 2015 – 2021 (USD Billion)
  • Chapter 6. Global Reprocessed Medical Devices Market – End-use Analysis
    • 6.1. Global reprocessed medical devices market: End-use overview
      • 6.1.1. Global reprocessed medical devices market revenue share, by end-use, 2015 – 2021
    • 6.2. Hospitals
      • 6.2.1. Global reprocessed medical devices market for hospitals, 2015 – 2021 (USD Billion)
    • 6.3. Home Healthcare
      • 6.3.1. Global reprocessed medical devices market for home healthcare, 2015 – 2021 (USD Billion)
  • Chapter 7. Global Reprocessed Medical Devices Market – Regional Segment Analysis
    • 7.1. Global reprocessed medical devices market: Regional overview
      • 7.1.1. Global reprocessed medical devices market revenue share, by region, 2015 – 2021
    • 7.2. North America
      • 7.2.1. North America reprocessed medical devices market revenue, by type, 2015 – 2021 (USD Billion)
      • 7.2.2. North America reprocessed medical devices market revenue, by end-use, 2015 – 2021 (USD Billion)
      • 7.2.3. U.S.
        • 7.2.3.1. U.S. reprocessed medical devices market revenue, by type, 2015 – 2021 (USD Billion)
        • 7.2.3.2. U.S. reprocessed medical devices market revenue, by end-use, 2015 – 2021 (USD Billion)
    • 7.3. Europe
      • 7.3.1. Europe reprocessed medical devices market revenue, by type 2015 – 2021 (USD Billion)
      • 7.3.2. Europe reprocessed medical devices market revenue, by end-use, 2015 – 2021 (USD Billion)
      • 7.3.3. Germany
        • 7.3.3.1. Germany reprocessed medical devices market revenue, by type, 2015 – 2021, (USD Billion)
        • 7.3.3.2. Germany reprocessed medical devices market revenue, by end-use, 2015 – 2021, (USD Billion)
      • 7.3.4. France
        • 7.3.4.1. France reprocessed medical devices market revenue, by type, 2015 – 2021, (USD Billion)
        • 7.3.4.2. France reprocessed medical devices market revenue, by end-use, 2015 – 2021, (USD Billion)
      • 7.3.5. UK
        • 7.3.5.1. UK reprocessed medical devices market revenue, by type, 2015 – 2021 (USD Billion)
        • 7.3.5.2. UK reprocessed medical devices market revenue, by end-use, 2015 – 2021 (USD Billion)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific reprocessed medical devices market revenue, by type, 2015 – 2021, (USD Billion)
      • 7.4.2. Asia Pacific reprocessed medical devices market revenue, by end-use, 2015 – 2021, (USD Billion)
      • 7.4.3. China
        • 7.4.3.1. China reprocessed medical devices market revenue, by type, 2015 – 2021 (USD Billion)
        • 7.4.3.2. China reprocessed medical devices market revenue, by end-use, 2015 – 2021 (USD Billion)
      • 7.4.4. Japan
        • 7.4.4.1. Japan reprocessed medical devices market revenue, by type, 2015 – 2021 (USD Billion)
        • 7.4.4.2. Japan reprocessed medical devices market revenue, by end-use, 2015 – 2021 (USD Billion)
      • 7.4.5. India
        • 7.4.5.1. India reprocessed medical devices market revenue, by type, 2015 – 2021 (USD Billion)
        • 7.4.5.2. India reprocessed medical devices market revenue, by end-use, 2015 – 2021 (USD Billion)
    • 7.5. Latin America
      • 7.5.1. Latin America reprocessed medical devices market revenue, by type, 2015 – 2021 (USD Billion)
      • 7.5.2. Latin America reprocessed medical devices market revenue, by end-use, 2015 – 2021 (USD Billion)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil reprocessed medical devices market revenue, by type, 2015 – 2021 (USD Billion)
        • 7.5.3.2. Brazil reprocessed medical devices market revenue, by end-use, 2015 – 2021 (USD Billion)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa reprocessed medical devices market revenue, by type, 2015 – 2021 (USD Billion)
      • 7.6.2. Middle East and Africa reprocessed medical devices market revenue, by end-use, 2015 – 2021 (USD Billion)
  • Chapter 8. Company Profile
    • 8.1. Medline ReNewal
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. MidWest Reprocessing Center (MRC)
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. ReNu Medical, Inc.
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Hygia Health Services, Inc
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. SterilMed, Inc.
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Stryker Sustainability Solutions, Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Agito Medical A/S
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. VANGUARD AG
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Block Imaging International, Inc.
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
    • 8.10. Siemens Healthcare
      • 8.10.1. Overview
      • 8.10.2. Financials
      • 8.10.3. Product portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent developments

List of Figures

1. Market research process
2. Market research methodology
3. Global reprocessed medical devices market revenue, 2015 – 2021(USD Billion)
4. Porter’s five forces analysis
5. Reprocessed medical devices : Market attractiveness analysis, by type segment
6. Reprocessed medical devices: Market attractiveness analysis, by end-use segment
7. Reprocessed medical devices: Market attractiveness analysis, by regional segment
8. Company market share analysis, 2015
9. Global reprocessed medical devices market revenue share by type, 2015 – 2021
10. Global reprocessed medical devices market for cardiovascular medical devices, 2015 – 2021, (USD Billion)
11. Global reprocessed medical devices market for laparoscopic medical devices, 2015 – 2021, (USD Billion)
12. Global reprocessed medical devices market for orthopedic/ arthroscopic medical devices, 2015 – 2021, (USD Billion)
13. Global reprocessed medical devices market for gastroenterology medical device, 2015 – 2021, (USD Billion)
14. Global reprocessed medical devices market revenue share by end-use, 2015 – 2021
15. Global reprocessed medical devices market for hospital, 2015 – 2021, (USD Billion)
16. Global reprocessed medical devices market for home healthcare, 2015 – 2021, (USD Billion)


List of Tables

1. Reprocessed medical devices  market: Market snapshot
2. Drivers of global reprocessed medical devices  market: Impact analysis
3. Restraints of global reprocessed medical devices  market: Impact analysis
4. North America reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
5. North America reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)
6. U.S. reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
7. U.S. reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)
8. Germany reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
9. Germany reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)
10. France reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
11. France reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)
12. UK reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
13. UK reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)
14. Asia Pacific reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
15. Asia Pacific reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)
16. China reprocessed medical devices market revenue, by type 2015 – 2021(USD Billion)
17. China reprocessed medical devices market revenue, by end-use 2015 – 2021(USD Billion)
18. Japan reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
19. Japan reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)
20. India reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
21. India reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)
22. Latin America reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
23. Latin America reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)
24. Brazil reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
25. Brazil reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)
26. Middle East and Africa reprocessed medical devices market revenue, by type, 2015 – 2021(USD Billion)
27. Middle East and Africa reprocessed medical devices market revenue, by end-use, 2015 – 2021(USD Billion)

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