Medical Device Reprocessing Market
Medical Device Reprocessing Market Analysis By Product & Service (Reprocessing Support & Services, Reprocessing Medical Devices), By Device (Catheters, Laparoscopy Instruments, Biopsy Instruments, Endoscopy Instruments), By Application & Regions - Global Market Insights 2021 to 2031
Analysis of Medical Device Reprocessing market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Medical Device Reprocessing Market Outlook
The global medical device reprocessing market was valued at US$ 1.4 Billion in 2020, and is expected to accelerate at a CAGR of 16% to top US$ 3 Billion by 2031. Demand for reprocessing support and services to surge at a CAGR of 15% across the assessment period of 2021 to 2031.
Report Attributes |
Details |
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Forecast Period |
2021-2031 |
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Historical Data Available for |
2016-2020 |
| Key Market Segments Covered |
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Key Companies Profiled
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Revenue Analysis of Medical Device Reprocessing from 2016 to 2020 Vs Demand Outlook for 2021 to 2031
As per Fact.MR – a market research and competitive intelligence provider, the global medical device reprocessing market expanded 1.75X over the past 5 years to reach a valuation of US$ 1.4 Bn in 2020.
Key factors driving growth of this market include low prices of reprocessed devices as compared to new ones and pressure to reduce the volume of medical waste generated.
Reprocessed medical devices offer reliable patient care, with additional savings in hospital expenditure as well as advantages to environment. As several hospitals globally find ways to reduce healthcare expenditure, there are several third-party firms, distributors as well as product manufacturers, providing reprocessing programs suited for some medical devices. This network is strengthening in developing economies as they provide more opportunities for reprocessed medical devices businesses due to high unmet needs.
Cost of reprocessed devices can be nearly half that of new devices, and, as such, opting for reprocessed devices can result in huge cost savings. The healthcare industry is anticipated to save billions of dollars yearly through reprocessing.
Hence, demand for medical device reprocessing has fairly increased over the past few years and is expected to maintain the upward trend across the assessment period surging at a CAGR of 16%.
How Will Patient Preference Towards Reprocessed Medical Devices Create Growth Opportunities for Market Players?
Increasing number of hospitals with well-equipped medical devices and surgical equipment, especially in developed countries, will boost market expansion.
Availability of advanced healthcare infrastructure along with presence of skilled professionals in hospital settings will further augment the overall market revenue. Also, rising demand for reprocessed medical devices for conducting cost-efficient medical procedures to benefit patients with low-income will propel market growth.
Many patients with low-income prefer reprocessed medical devices over single use devices as this reduces overall hospital expenditure to almost half the original amount.
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Which Region is Expected to Offer the Most Lucrative Opportunities to Medical Device Reprocessing Service Providers?
North America holds 42% share of the global market for medical device reprocessing.
Rising preference among healthcare professionals regarding improvised reprocessed medical devices is boosting market growth. Surging cases of cancer and other chronic disorders in the region is expected to raise demand for reprocessed medical devices.
The European region is also expected to witness high demand for reprocessed medical devices during the forecast period. This is on the back of rising prevalence of chronic diseases, increasing geriatric population, rising healthcare expenditure, increasing number of surgical procedures, and growing awareness about the usage of reprocessed medical devices.
Country-wise Analysis
Will FDA Regulations for Medical Device Reprocessing in the U.S. Aid Regional Market Growth?
In the U.S., the market for medical device reprocessing reached a valuation of US$ 323 Mn in 2020. The U.S. Food and Drug Administration (FDA) requires third-party reprocessors to meet the same standards as originally manufactured single-use devices.
Reprocessing is a common practice in the U.S. where hospitals prefer to reprocess single-use devices. Around 45% of hospitals have agreements with third-party reprocessing companies in the U.S. for reprocessing of medical devices. Thus, making treatment of chronic diseases more affordable for the low-income patients.
How is Changing Regulatory Scenario Favouring Medical Device Reprocessing in Different Economies?
Reprocessing practices are regulated by various regional regulatory authorities. Changing regulatory scenario favouring medical device reprocessing in a number of countries such as France and Japan is expected to propel growth of this market.
For example, till 2016, outsourcing of medical device reprocessing was prohibited in France; however, the European Union (EU) Regulations (Article 17), released on April 5, 2017, mandated the use of third-party reprocessing services by all French hospitals. These regulations are expected to be implemented in France for 2021 and beyond.
Similarly, Japan does not currently have any regulations for the reprocessing of single-use medical devices. Therefore, regulatory authorities, such as the Ministry of Health, Labor and Welfare (MHLW) (Japan), in collaboration with the FDA (U.S.), are focusing on generating new medical device reprocessing guidelines for Japan. This will favour and regulate the reprocessing of medical devices in the country.
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Category-wise Analysis
Why are Reprocessed Medical Devices Extensively used in Cardiovascular Surgeries?
Revenue from cardiovascular reprocessed medical devices accounts for more than 52% market share. Introduction of cardiovascular reprocessed medical devices at low-cost have resulted in high adoption across the globe.
Also, the surging geriatric population base that is susceptible to cardiovascular disorders will fuel product demand. Low-income groups are inclined towards reprocessed medical devices given their affordable cost, which, in turn, is acting as an accelerant for market growth.
How Has COVID-19 Impacted Demand for Medical Device Reprocessing?
With the outbreak of COVID-19, physicians and patients became more concerned about their safety, hence, raising concerns about the reuse of medical devices. This negatively impacted demand for reprocessed medical devices.
To overcome these safety concerns, reassuring steps such as sterilization and microbial testing of reprocessed medical devices were made mandatory by various regulatory authorities.
Competitive Landscape
Major companies are focusing on strategies such as investments in research & development, new market initiatives, expansion of production sites and facilities, new product launches, product approvals, and patents.
- In May 2019, Medtronic announced U.S. FDA approval and launch of the Select Site C304-HIS deflectable catheter system. This system is used in processes involving His-bundle pacing (HBP). This strategic move helped the company in generating extra revenue and strengthened its position in the industry.
- In April 2019, 3M announced that it added 3M extended wear medical transfer adhesive, 4075 to its line-up of advanced adhesives for medical devices. This has enabled the company expand its product portfolio.
- In September 2018, Vanguard announced the acquisition of Pioneer Medical Devices AG to enhance reprocessing services for medical devices. This strategy assisted the company in enhancing its product portfolio in global market.
Key Segments Covered in Medical Device Reprocessing Industry Research
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By Product & Service
- Reprocessing Support & Services
- Reprocessing Medical Devices
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By Device
- Catheters
- Laparoscopy Instruments
- Biopsy Instruments
- Endoscopy Instruments
- Cables, Columns, Curves and Cutters
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By Application
- Cardiology
- Gastroenterology, Urology, and Gynaecology
- Arthroscopy and Orthopaedic Surgery
- General Surgery and Anaesthesia
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By Regions
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
Table of Content
1. Global Medical Device Reprocessing Market - Executive Summary 1.1. Global Market Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and recommendation 2. Global Medical Device Reprocessing Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Introduction and Definition 3. Market Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact on Medical Device Reprocessing 3.1.2. COVID-19 Crisis and Impact on Medical Device Reprocessing Prices 3.1.3. COVID-19 Impact Benchmark with Previous Crisis 3.1.3.1. Change in Medical Device Reprocessing Demand 3.1.3.2. Before and After COVID-19 Crisis (Projected) 3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual) 3.1.3.4. Change in Demand post Recovery Period (After Each Crisis) 3.1.4. Impact on Market and Value (US$ Mn) 3.1.4.1. Likely Loss of Value in 2020 3.1.4.2. Mid-term and Long Term Forecast 3.1.4.3. Quarter by Quarter Demand and Recovery Assessment 3.1.5. Anticipated Demand and Value Recovery Curve 3.1.5.1. Likelihood of U-Shape Recovery 3.1.5.2. Likelihood of L-Shape Recovery 3.1.6. Recovery Period Assessment by Key Countries 3.1.7. Recovery Assessment by Key Market Segments 3.1.8. Action Points and Recommendation for Suppliers 3.1.9. Impact on Trade Balance 3.2. Key Trends Impacting the Market 3.3. Formulation and Device Development Trends 4. Market Background and foundation Data Points 4.1. Manufacturing Sector Reached here in Leaps and Bounds 4.2. Need of the Hour for Industries 4.3. Manufacturing Sector at Fore-Front of Technology Adoption 4.4. Industry Wise Industry 4.0 4.5. Medical Device Reprocessing – Strategic Priorities 4.6. Device life Cycle Stage 4.7. Importance of Technology 4.8. Medical Device Reprocessing: Hype Cycle 4.9. 5 Reasons to Implement Medical Device Reprocessing 4.10. Medical Device Reprocessing Device 4.11. A Concluding Gap in Industrial Digitization 4.12. 5G – Future of Communications Platform 4.13. 5G vs 4G Comparison 4.14. Use Cases of Medical Device Reprocessing in Manufacturing 4.15. Forecast Factors: Relevance and Impact 4.16. Investment Feasibility Matrix 4.17. PESTLE Analysis 4.18. Porter’s Five Forces Analysis 4.19. Market Dynamics 4.19.1. Drivers 4.19.2. Restraints 4.19.3. Opportunity Analysis 4.19.4. Trend 5. Global Medical Device Reprocessing Market Demand (US$ Mn) Analysis 2016-2020 and Forecast, 2021-2031 5.1. Historical Market Value (US$ Mn) Analysis, 2016-2020 5.2. Current and Future Market Value (US$ Mn) Projections, 2021-2031 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Global Medical Device Reprocessing Market Analysis 2016-2020 and Forecast 2021-2031, By Device 6.1. Introduction / Key Findings 6.2. Historical Market Value (US$ Mn) Analysis By Device, 2016-2020 6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Device, 2021-2031 6.3.1. Catheters 6.3.2. Laparoscopy Instruments 6.3.3. Biopsy Instruments 6.3.4. Endoscopy Instruments 6.3.5. Cables, Columns, Curves and Cutters 6.4. Market Attractiveness Analysis By Device 7. Global Medical Device Reprocessing Market Analysis 2016-2020 and Forecast 2021-2031, by Product & Service 7.1. Introduction / Key Findings 7.2. Historical Market Value (US$ Mn) Analysis By Product & Service , 2016-2020 7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Product & Service, 2021-2031 7.3.1. Reprocessing Support & Services 7.3.2. Reprocessing Medical Devices 7.4. Market Attractiveness Analysis By Product & Service 8. Global Medical Device Reprocessing Market Analysis 2016-2020 and Forecast 2021-2031, by Application 8.1. Introduction / Key Findings 8.2. Historical Market Value (US$ Mn) Analysis By Application, 2016-2020 8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Application, 2021-2031 8.3.1. Cardiology 8.3.2. Gastroenterology, Urology, and Gynaecology 8.3.3. Arthroscopy and Orthopaedic Surgery 8.3.4. General Surgery and Anaesthesia 8.4. Market Attractiveness Analysis By Application 9. Global Medical Device Reprocessing Market Analysis 2016-2020 and Forecast 2021-2031, by Region 9.1. Introduction / Key Findings 9.2. Historical Market Value (US$ Mn) Analysis By Region, 2016-2020 9.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2031 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. East Asia 9.3.5. South Asia & Oceania 9.3.6. Middle East and Africa (MEA) 9.4. Market Attractiveness Analysis By Region 10. North America Medical Device Reprocessing Market Analysis 2016-2020 and Forecast 2021-2031 10.1. Introduction / Key Findings 10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2016-2020 10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2021-2031 10.3.1. By Country 10.3.1.1. U.S. 10.3.1.2. Canada 10.3.2. By Device 10.3.3. By Product & Service 10.4. Market Attractiveness Analysis 10.4.1. By Country 10.4.2. By Device 10.4.3. By Product & Service 11. Latin America Medical Device Reprocessing Market Analysis 2016-2020 and Forecast 2021-2031 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2016-2020 11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2031 11.3.1. By Country 11.3.1.1. Brazil 11.3.1.2. Mexico 11.3.1.3. Rest of Latin America 11.3.2. By Device 11.3.3. By Product & Service 11.3.4. By Application 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Device 11.4.3. By Product & Service 11.4.4. By Application 12. Europe Medical Device Reprocessing Market Analysis 2016-2020 and Forecast 2021-2031 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2016-2020 12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2031 12.3.1. By Country 12.3.1.1. Germany 12.3.1.2. France 12.3.1.3. Italy 12.3.1.4. Spain 12.3.1.5. UK 12.3.1.6. BENELUX 12.3.1.7. Russia 12.3.1.8. Rest of Europe 12.3.2. By Device 12.3.3. By Product & Service 12.3.4. By Application 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Device 12.4.3. By Product & Service 12.4.4. By Application 13. East Asia Medical Device Reprocessing Market Analysis 2016-2020 and Forecast 2021-2031 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2016-2020 13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2031 13.3.1. By Country 13.3.1.1. China 13.3.1.2. Japan 13.3.1.3. South Korea 13.3.2. By Device 13.3.3. By Product & Service 13.3.4. By Application 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Device 13.4.3. By Product & Service 13.4.4. By Application 14. South Asia & Oceania Medical Device Reprocessing Market Analysis 2016-2020 and Forecast 2021-2031 14.1. Introduction / Key Findings 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2016-2020 14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2031 14.3.1. By Country 14.3.1.1. India 14.3.1.2. Thailand 14.3.1.3. Malaysia 14.3.1.4. Singapore 14.3.1.5. Vietnam 14.3.1.6. ANZ 14.3.1.7. Rest of South Asia & Oceania 14.3.2. By Device 14.3.3. By Product & Service 14.3.4. By Application 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Device 14.4.3. By Product & Service 14.4.4. By Application 15. Middle East and Africa Medical Device Reprocessing Market Analysis 2016-2020 and Forecast 2021-2031 15.1. Introduction / Key Findings 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2016-2020 15.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2021-2031 15.3.1. By Country 15.3.1.1. GCC Countries 15.3.1.2. South Africa 15.3.1.3. Israel 15.3.1.4. Rest of Middle East and Africa (MEA) 15.3.2. By Device 15.3.3. By Product & Service 15.3.4. By Application 15.4. Market Attractiveness Analysis 15.4.1. By Country 15.4.2. By Device 15.4.3. By Product & Service 15.4.4. By Application 16. Market Structure Analysis 16.1. Market Analysis by Tier of Companies 16.2. Market Concentration 16.3. Market Share Analysis of Top Players 16.4. Market Presence Analysis 17. Competition Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Competition Deep Dive 17.4. Stryker Corporation 17.4.1. Company Overview 17.4.2. Device overview 17.4.3. SWOT Analysis 17.4.4. Key Developments 17.5. Johnson & Johnso 17.5.1. Company Overview 17.5.2. Device overview 17.5.3. SWOT Analysis 17.5.4. Key Developments 17.6. Vanguard AG 17.6.1. Company Overview 17.6.2. Device overview 17.6.3. SWOT Analysis 17.6.4. Key Developments 17.7. Medline ReNewal 17.7.1. Company Overview 17.7.2. Device overview 17.7.3. SWOT Analysis 17.7.4. Key Developments 17.8. Medtronic plc, SteriPro 17.8.1. Company Overview 17.8.2. Device overview 17.8.3. SWOT Analysis 17.8.4. Key Developments 17.9. Pioneer Medical Devices AG 17.9.1. Company Overview 17.9.2. Device overview 17.9.3. SWOT Analysis 17.9.4. Key Developments 17.10. Vascular Solutions 17.10.1. Company Overview 17.10.2. Device overview 17.10.3. SWOT Analysis 17.10.4. Key Developments 17.11. HYGIA Health Services 17.11.1. Company Overview 17.11.2. Device overview 17.11.3. SWOT Analysis 17.11.4. Key Developments 17.12. ReNu Medical, SureTek Medical 17.12.1. Company Overview 17.12.2. Device overview 17.12.3. SWOT Analysis 17.12.4. Key Developments 17.13. Centurion Medical Products Corporation 17.13.1. Company Overview 17.13.2. Device overview 17.13.3. SWOT Analysis 17.13.4. Key Developments 18. Assumptions And Acronyms Used 19. Research Methodology
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List Of Table
Table 1: Global Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2016-2020
Table 2: Global Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2021-2031
Table 3: Global Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Device, 2021-2031
Table 4: Global Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2016-2020
Table 5: Global Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2021-2031
Table 6: Global Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Product & Service, 2021-2031
Table 7: Global Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2016-2020
Table 8: Global Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2021-2031
Table 9: Global Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Application, 2021-2031
Table 10: Global Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Region, 2016-2020
Table 11: Global Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Region, 2021-2031
Table 12: Global Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Region, 2021-2031
Table 13: North America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2016-2020
Table 14: North America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2021-2031
Table 15: North America Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2031
Table 16: North America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2016-2020
Table 17: North America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2021-2031
Table 18: North America Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Device, 2021-2031
Table 19: North America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2016-2020
Table 20: North America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2021-2031
Table 21: North America Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Product & Service, 2021-2031
Table 22: North America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2016-2020
Table 23: North America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2021-2031
Table 24: North America Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Application, 2021-2031
Table 25: Latin America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2016-2020
Table 26: Latin America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2021-2031
Table 27: Latin America Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2031
Table 28: Latin America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2016-2020
Table 29: Latin America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2021-2031
Table 30: Latin America Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Device, 2021-2031
Table 31: Latin America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2016-2020
Table 32: Latin America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2021-2031
Table 33: Latin America Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Product & Service, 2021-2031
Table 34: Latin America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2016-2020
Table 35: Latin America Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2021-2031
Table 36: Latin America Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Application, 2021-2031
Table 37: Europe Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2016-2020
Table 38: Europe Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2021-2031
Table 39: Europe Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2031
Table 40: Europe Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2016-2020
Table 41: Europe Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2021-2031
Table 42: Europe Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Device, 2021-2031
Table 43: Europe Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2016-2020
Table 44: Europe Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2021-2031
Table 45: Europe Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Product & Service, 2021-2031
Table 46: Europe Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2016-2020
Table 47: Europe Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2021-2031
Table 48: Europe Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Application, 2021-2031
Table 49: East Asia Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2016-2020
Table 50: East Asia Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2021-2031
Table 51: East Asia Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2031
Table 52: East Asia Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2016-2020
Table 53: East Asia Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2021-2031
Table 54: East Asia Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Device, 2021-2031
Table 55: East Asia Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2016-2020
Table 56: East Asia Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2021-2031
Table 57: East Asia Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Product & Service, 2021-2031
Table 58: East Asia Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2016-2020
Table 59: East Asia Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2021-2031
Table 60: East Asia Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Application, 2021-2031
Table 61: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2016-2020
Table 62: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2021-2031
Table 63: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2031
Table 64: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2016-2020
Table 65: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2021-2031
Table 66: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Device, 2021-2031
Table 67: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2016-2020
Table 68: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2021-2031
Table 69: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Product & Service, 2021-2031
Table 70: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2016-2020
Table 71: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2021-2031
Table 72: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Application, 2021-2031
Table 73: MEA Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2016-2020
Table 74: MEA Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Country, 2021-2031
Table 75: MEA Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Country, 2021-2031
Table 76: MEA Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2016-2020
Table 77: MEA Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Device, 2021-2031
Table 78: MEA Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Device, 2021-2031
Table 79: MEA Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2016-2020
Table 80: MEA Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Product & Service, 2021-2031
Table 81: MEA Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Product & Service, 2021-2031
Table 82: MEA Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2016-2020
Table 83: MEA Medical Device Reprocessing Market Value (US$ Mn) Analysis, by Application, 2021-2031
Table 84: MEA Medical Device Reprocessing Market Value (US$ Mn) Opportunity Analysis, by Application, 2021-2031
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List Of Figures
Figure 1: Global Medical Device Reprocessing Market Value (US$ Mn) Historical Analysis, 2016-2020
Figure 2: Global Medical Device Reprocessing Market Value (US$ Mn) Forecast and Analysis, 2021-2031
Figure 3: Global Medical Device Reprocessing Market Value Y-o-Y Growth and Forecast, 2016-2031
Figure 4: Global Medical Device Reprocessing Market Incremental $ Opportunity, 2021-2031
Figure 5: Global Medical Device Reprocessing Market Share and BPS Analysis by Device, 2021 & 2031
Figure 6: Global Medical Device Reprocessing Market Y-o-Y Growth Projections by Device, 2021-2031
Figure 7: Global Medical Device Reprocessing Market Attractiveness Analysis by Device, 2021-2031
Figure 8: Global Medical Device Reprocessing Market Share and BPS Analysis by Product & Service, 2021 & 2031
Figure 9: Global Medical Device Reprocessing Market Y-o-Y Growth Projections by Product & Service, 2021-2031
Figure 10: Global Medical Device Reprocessing Market Attractiveness Analysis by Product & Service, 2021-2031
Figure 11: Global Medical Device Reprocessing Market Share and BPS Analysis by Application, 2021 & 2031
Figure 12: Global Medical Device Reprocessing Market Y-o-Y Growth Projections by Application, 2021-2031
Figure 13: Global Medical Device Reprocessing Market Attractiveness Analysis by Application, 2021-2031
Figure 14: Global Medical Device Reprocessing Market Share and BPS Analysis by Region, 2021 & 2031
Figure 15: Global Medical Device Reprocessing Market Y-o-Y Growth Projections by Region, 2021-2031
Figure 16: Global Medical Device Reprocessing Market Attractiveness Analysis by Region, 2021-2031
Figure 17: North America Medical Device Reprocessing Market Value (US$ Mn) Historical Analysis, 2016-2020
Figure 18: North America Medical Device Reprocessing Market Value (US$ Mn) Forecast and Analysis, 2021-2031
Figure 19: North America Medical Device Reprocessing Market Value Y-o-Y Growth and Forecast, 2016-2031
Figure 20: North America Medical Device Reprocessing Market Incremental $ Opportunity, 2021-2031
Figure 21: North America Medical Device Reprocessing Market Share Analysis by Country, 2021 & 2031
Figure 22: North America Medical Device Reprocessing Market Y-o-Y Growth Projection by Country, 2021-2031
Figure 23: North America Medical Device Reprocessing Market Attractiveness Analysis by Country, 2021-2031
Figure 24: North America Medical Device Reprocessing Market Share and BPS Analysis by Device, 2021 & 2031
Figure 25: North America Medical Device Reprocessing Market Y-o-Y Growth Projections by Device, 2021-2031
Figure 26: North America Medical Device Reprocessing Market Attractiveness Analysis by Device, 2021-2031
Figure 27: North America Medical Device Reprocessing Market Share and BPS Analysis by Product & Service, 2021 & 2031
Figure 28: North America Medical Device Reprocessing Market Y-o-Y Growth Projections by Product & Service, 2021-2031
Figure 29: North America Medical Device Reprocessing Market Attractiveness Analysis by Product & Service, 2021-2031
Figure 30: North America Medical Device Reprocessing Market Share and BPS Analysis by Application, 2021 & 2031
Figure 31: North America Medical Device Reprocessing Market Y-o-Y Growth Projections by Application, 2021-2031
Figure 32: North America Medical Device Reprocessing Market Attractiveness Analysis by Application, 2021-2031
Figure 33: Latin America Medical Device Reprocessing Market Value (US$ Mn) Historical Analysis, 2016-2020
Figure 34: Latin America Medical Device Reprocessing Market Value (US$ Mn) Forecast and Analysis, 2021-2031
Figure 35: Latin America Medical Device Reprocessing Market Value Y-o-Y Growth and Forecast, 2016-2031
Figure 36: Latin America Medical Device Reprocessing Market Incremental $ Opportunity, 2021-2031
Figure 37: Latin America Medical Device Reprocessing Market Share Analysis by Country, 2021 & 2031
Figure 38: Latin America Medical Device Reprocessing Market Y-o-Y Growth Projection by Country, 2021-2031
Figure 39: Latin America Medical Device Reprocessing Market Attractiveness Analysis by Country, 2021-2031
Figure 40: Latin America Medical Device Reprocessing Market Share and BPS Analysis by Device, 2021 & 2031
Figure 41: Latin America Medical Device Reprocessing Market Y-o-Y Growth Projections by Device, 2021-2031
Figure 42: Latin America Medical Device Reprocessing Market Attractiveness Analysis by Device, 2021-2031
Figure 43: Latin America Medical Device Reprocessing Market Share and BPS Analysis by Product & Service, 2021 & 2031
Figure 44: Latin America Medical Device Reprocessing Market Y-o-Y Growth Projections by Product & Service, 2021-2031
Figure 45: Latin America Medical Device Reprocessing Market Attractiveness Analysis by Product & Service, 2021-2031
Figure 46: Latin America Medical Device Reprocessing Market Share and BPS Analysis by Application, 2021 & 2031
Figure 47: Latin America Medical Device Reprocessing Market Y-o-Y Growth Projections by Application, 2021-2031
Figure 48: Latin America Medical Device Reprocessing Market Attractiveness Analysis by Application, 2021-2031
Figure 49: Europe Medical Device Reprocessing Market Value (US$ Mn) Historical Analysis, 2016-2020
Figure 50: Europe Medical Device Reprocessing Market Value (US$ Mn) Forecast and Analysis, 2021-2031
Figure 51: Europe Medical Device Reprocessing Market Value Y-o-Y Growth and Forecast, 2016-2031
Figure 52: Europe Medical Device Reprocessing Market Incremental $ Opportunity, 2021-2031
Figure 53: Europe Medical Device Reprocessing Market Share Analysis by Country, 2021 & 2031
Figure 54: Europe Medical Device Reprocessing Market Y-o-Y Growth Projection by Country, 2021-2031
Figure 55: Europe Medical Device Reprocessing Market Attractiveness Analysis by Country, 2021-2031
Figure 56: Europe Medical Device Reprocessing Market Share and BPS Analysis by Device, 2021 & 2031
Figure 57: Europe Medical Device Reprocessing Market Y-o-Y Growth Projections by Device, 2021-2031
Figure 58: Europe Medical Device Reprocessing Market Attractiveness Analysis by Device, 2021-2031
Figure 59: Europe Medical Device Reprocessing Market Share and BPS Analysis by Product & Service, 2021 & 2031
Figure 60: Europe Medical Device Reprocessing Market Y-o-Y Growth Projections by Product & Service, 2021-2031
Figure 61: Europe Medical Device Reprocessing Market Attractiveness Analysis by Product & Service, 2021-2031
Figure 62: Europe Medical Device Reprocessing Market Share and BPS Analysis by Application, 2021 & 2031
Figure 63: Europe Medical Device Reprocessing Market Y-o-Y Growth Projections by Application, 2021-2031
Figure 64: Europe Medical Device Reprocessing Market Attractiveness Analysis by Application, 2021-2031
Figure 65: East Asia Medical Device Reprocessing Market Value (US$ Mn) Historical Analysis, 2016-2020
Figure 66: East Asia Medical Device Reprocessing Market Value (US$ Mn) Forecast and Analysis, 2021-2031
Figure 67: East Asia Medical Device Reprocessing Market Value Y-o-Y Growth and Forecast, 2016-2031
Figure 68: East Asia Medical Device Reprocessing Market Incremental $ Opportunity, 2021-2031
Figure 69: East Asia Medical Device Reprocessing Market Share Analysis by Country, 2021 & 2031
Figure 70: East Asia Medical Device Reprocessing Market Y-o-Y Growth Projection by Country, 2021-2031
Figure 71: East Asia Medical Device Reprocessing Market Attractiveness Analysis by Country, 2021-2031
Figure 72: East Asia Medical Device Reprocessing Market Share and BPS Analysis by Device, 2021 & 2031
Figure 73: East Asia Medical Device Reprocessing Market Y-o-Y Growth Projections by Device, 2021-2031
Figure 74: East Asia Medical Device Reprocessing Market Attractiveness Analysis by Device, 2021-2031
Figure 75: East Asia Medical Device Reprocessing Market Share and BPS Analysis by Product & Service, 2021 & 2031
Figure 76: East Asia Medical Device Reprocessing Market Y-o-Y Growth Projections by Product & Service, 2021-2031
Figure 77: East Asia Medical Device Reprocessing Market Attractiveness Analysis by Product & Service, 2021-2031
Figure 78: East Asia Medical Device Reprocessing Market Share and BPS Analysis by Application, 2021 & 2031
Figure 79: East Asia Medical Device Reprocessing Market Y-o-Y Growth Projections by Application, 2021-2031
Figure 80: East Asia Medical Device Reprocessing Market Attractiveness Analysis by Application, 2021-2031
Figure 81: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Historical Analysis, 2016-2020
Figure 82: South Asia & Oceania Medical Device Reprocessing Market Value (US$ Mn) Forecast and Analysis, 2021-2031
Figure 83: South Asia & Oceania Medical Device Reprocessing Market Value Y-o-Y Growth and Forecast, 2016-2031
Figure 84: South Asia & Oceania Medical Device Reprocessing Market Incremental $ Opportunity, 2021-2031
Figure 85: South Asia & Oceania Medical Device Reprocessing Market Share Analysis by Country, 2021 & 2031
Figure 86: South Asia & Oceania Medical Device Reprocessing Market Y-o-Y Growth Projection by Country, 2021-2031
Figure 87: South Asia & Oceania Medical Device Reprocessing Market Attractiveness Analysis by Country, 2021-2031
Figure 88: South Asia & Oceania Medical Device Reprocessing Market Share and BPS Analysis by Device, 2021 & 2031
Figure 89: South Asia & Oceania Medical Device Reprocessing Market Y-o-Y Growth Projections by Device, 2021-2031
Figure 90: South Asia & Oceania Medical Device Reprocessing Market Attractiveness Analysis by Device, 2021-2031
Figure 91: South Asia & Oceania Medical Device Reprocessing Market Share and BPS Analysis by Product & Service, 2021 & 2031
Figure 92: South Asia & Oceania Medical Device Reprocessing Market Y-o-Y Growth Projections by Product & Service, 2021-2031
Figure 93: South Asia & Oceania Medical Device Reprocessing Market Attractiveness Analysis by Product & Service, 2021-2031
Figure 94: South Asia & Oceania Medical Device Reprocessing Market Share and BPS Analysis by Application, 2021 & 2031
Figure 95: South Asia & Oceania Medical Device Reprocessing Market Y-o-Y Growth Projections by Application, 2021-2031
Figure 96: South Asia & Oceania Medical Device Reprocessing Market Attractiveness Analysis by Application, 2021-2031
Figure 97: MEA Medical Device Reprocessing Market Value (US$ Mn) Historical Analysis, 2016-2020
Figure 98: MEA Medical Device Reprocessing Market Value (US$ Mn) Forecast and Analysis, 2021-2031
Figure 99: MEA Medical Device Reprocessing Market Value Y-o-Y Growth and Forecast, 2016-2031
Figure 100: MEA Medical Device Reprocessing Market Incremental $ Opportunity, 2021-2031
Figure 101: MEA Medical Device Reprocessing Market Share Analysis by Country, 2021 & 2031
Figure 102: MEA Medical Device Reprocessing Market Y-o-Y Growth Projection by Country, 2021-2031
Figure 103: MEA Medical Device Reprocessing Market Attractiveness Analysis by Country, 2021-2031
Figure 104: MEA Medical Device Reprocessing Market Share and BPS Analysis by Device, 2021 & 2031
Figure 105: MEA Medical Device Reprocessing Market Y-o-Y Growth Projections by Device, 2021-2031
Figure 106: MEA Medical Device Reprocessing Market Attractiveness Analysis by Device, 2021-2031
Figure 107: MEA Medical Device Reprocessing Market Share and BPS Analysis by Product & Service, 2021 & 2031
Figure 108: MEA Medical Device Reprocessing Market Y-o-Y Growth Projections by Product & Service, 2021-2031
Figure 109: MEA Medical Device Reprocessing Market Attractiveness Analysis by Product & Service, 2021-2031
Figure 110: MEA Medical Device Reprocessing Market Share and BPS Analysis by Application, 2021 & 2031
Figure 111: MEA Medical Device Reprocessing Market Y-o-Y Growth Projections by Application, 2021-2031
Figure 112: MEA Medical Device Reprocessing Market Attractiveness Analysis by Application, 2021-2031
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- FAQs -
What is the current global market valuation of medical device reprocessing?
The global medical device reprocessing market is currently worth more than US$ 1.4 Billion .
What is the expected growth rate of the market for medical device reprocessing over the next 10 years?
The market for medical device reprocessing is expected to accelerate at a CAGR of 16% across the forecast period.
Which are the key factors driving demand for medical device reprocessing?
Trend of adoption of low-priced reprocessed medical devices and elevated efforts for reducing regulated medical waste (RMW) are driving market growth.
Which are the top companies providing medical device reprocessing?
Major players in the industry are Stryker Corporation, Johnson & Johnson, Vanguard AG, Medline ReNewal, Medtronic plc, SteriPro Inc., and Pioneer Medical Devices AG.
Which region is generating highest revenue from medical device reprocessing?
North America holds 42% of the global revenue share in this market.
Which application of reprocessed medical devices accounts for a high market share?
Cardiovascular reprocessed medical devices account for around 52% of the total market share.
Medical Device Reprocessing Market