Image

Global Single Use Medical Devices Reprocessing Market – Industry Trends and Forecast to 2031

Healthcare

Image

Global Single Use Medical Devices Reprocessing Market – Industry Trends and Forecast to 2031

  • Healthcare
  • Upcoming Report
  • Feb 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Single Use Medical Devices Reprocessing Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 3,751.87 USD Million
Diagram Market Size (Forecast Year) USD 12,643.64 USD Million
Diagram CAGR %

Major Markets Players

  • Johnson & Johnson Services
  • Stryker
  • SureTek Medical
  • Medline Industries
  • Vanguard AG

Global Single Use Medical Devices Reprocessing Market, By Product Type (Class I Devices and Class II Devices), Price Range (High Range and Low/Economy Range), Application (General Surgery, Anesthesia, Arthroscopy and Orthopaedic Surgery, Cardiology, Gastroenterology, Urology, Gynaecology and Others), Type (In-House and Outsource), End User (Hospitals, Ambulatory Surgical Centers, Others), Distribution Channel (B2B and B2C) – Industry Trends and Forecast to 2031.

Single Use Medical Devices Reprocessing Market

Single Use Medical Devices Reprocessing Market Analysis and Size

The single-use medical devices reprocessing market encompasses both high-range and low/economy-range price segments. High-range devices often involve sophisticated reprocessing technologies and rigorous quality standards, catering to advanced medical needs. In contrast, low/economy-range devices provide cost-effective solutions, addressing basic medical requirements while maintaining regulatory compliance and safety standards.

Data Bridge Market Research analyses that the global single use medical devices reprocessing market, which was USD 3,751.87 million in 2023, is expected to reach USD 12,643.64 million by 2031, at a CAGR of 16.4% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Single Use Medical Devices Reprocessing Market Scope and Segmentation  

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Class I Devices and Class II Devices), Price Range (High Range and Low/Economy Range), Application (General Surgery, Anesthesia, Arthroscopy and Orthopaedic Surgery, Cardiology, Gastroenterology, Urology, Gynaecology and Others), Type (In-House and Outsource), End User (Hospitals, Ambulatory Surgical Centers, Others), Distribution Channel (B2B and B2C)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Johnson & Johnson Services, Inc. (U.S.), Stryker (U.S.), SureTek Medical (U.S.), Medline Industries, Inc. (U.S.), Vanguard AG (U.S.), NEScientific, Inc. (U.S.), INNOVATIVE HEALTH (U.S.), ReNu Medical (U.S.), Arjo (Sweden), Jade Life Sciences Private Limited (India)

Market Opportunities

  • Customization Drives Client Satisfaction in Reprocessing
  • Market Expansion Driven by Increased Acceptance

Market Definition

Single-use medical devices reprocessing refers to the regulated process of cleaning, disinfecting, and sterilizing devices intended for one-time use. This practice allows certain medical devices to undergo a validated cleaning and sterilization procedure, ensuring their safe and effective reuse while adhering to stringent regulatory standards and infection control protocols.

Global Single Use Medical Devices Reprocessing Market Dynamics

Drivers

  • Rising Awareness Among Healthcare Practitioners

The single-use medical devices reprocessing market experiences a surge due to growing awareness among healthcare professionals. Understanding the economic advantages, environmental sustainability, and stringent safety standards associated with reprocessing, healthcare practitioners increasingly recognize it as a viable and responsible practice. This awareness contributes to the broader acceptance of reprocessed devices, fostering a paradigm shift towards more sustainable and cost-effective solutions in the healthcare industry.

  • Supply Chain Resilience Through Reprocessing

Reprocessing in the single-use medical devices reprocessing market becomes a pivotal strategy for maintaining a robust supply chain. Throguh curbing dependency on continuous new device procurement, it fortifies healthcare facilities against supply chain disruptions. This approach, emphasizing reuse of single-use devices, not only enhances adaptability but also promotes sustainability. The market recognizes reprocessing as an essential element in establishing a resilient and responsive supply chain within the healthcare industry.

Opportunities

  • Customization Drives Client Satisfaction in Reprocessing

Customization demand in the single-use medical devices reprocessing market is a significant driver of client satisfaction. Adapting reprocessing solutions to meet specific healthcare facility needs addresses unique requirements, ensuring optimal efficiency and safety. This tailored approach not only enhances overall client satisfaction but also fosters loyalty by providing bespoke solutions. The ability to customize reprocessing services positions providers as responsive partners, meeting the diverse demands within the healthcare industry.

  • Market Expansion Driven by Increased Acceptance

The growing acceptance of reprocessed devices in the single-use medical devices reprocessing market signifies a broadening market potential and the emergence of new revenue streams for service providers. As healthcare facilities increasingly recognize the economic and sustainable advantages of reprocessing, it propels market growth. The broadened market not only caters to various healthcare settings but also provides service providers with chances to enter previously unexplored segments, promoting industry development and profitability.

Restraints/Challenges

  • Educational Barriers Impede Reprocessing Adoption

Educational barriers in the single-use medical devices reprocessing market affect the market growth rate by hindering the seamless adoption of reprocessing practices. The lack of comprehensive education on reprocessing procedures among healthcare professionals may lead to scepticism and reluctance in incorporating reprocessed devices. This hesitancy affects the market growth rate as healthcare facilities may delay or avoid transitioning to reprocessing; impeding the realization of the market's full potential.

  • Risk Associated with Incomplete Elimination of Contaminants

The restraint of the risk of contamination in the single-use medical devices reprocessing market hampers market growth by instigating concerns over infection control. The potential risk associated with incomplete elimination of contaminants during reprocessing raises doubts about the safety of reused devices. This concern impacts the market growth rate, as healthcare facilities may hesitate to adopt reprocessed devices, fearing compromised patient safety and hindering the broader acceptance of reprocessing practices within the industry.

This global single use medical devices reprocessing market  report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on global single use medical devices reprocessing market  medical coding market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In February 2023, Northeast Scientific Inc. obtained FDA 510(k) clearance to reprocess the Philips IVUS Eagle Eye Platinum RX Digital catheter. This regulatory approval enables the company to introduce a cost-effective solution for catheter reprocessing. The launch is expected to yield substantial savings for Office-Based Labs and Hospital Cath Labs throughout the U.S.
  • In June 2022, the Association of Medical Device Reprocessors (AMDR) introduced 'Global Regulatory Standards for 'Single-Use' Medical Device Reprocessing and Remanufacturing.' This groundbreaking initiative serves as the inaugural roadmap, guiding Notified Bodies, Ministries of Health, and regulatory authorities worldwide to establish consistent standards, unlocking the benefits of medical device reprocessing for hospitals and health systems globally

Global Single Use Medical Devices Reprocessing Market Scope

The global single use medical devices reprocessing market is segmented on the basis of product type, price range, application, type, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Class I Devices
  • Laparoscopic Graspers
  •  Scalpels
  •  Tourniquet Cuffs
  • Class II Devices
  • Pulse Oximeter Sensors
  •  Sequential Compression Sleeves
  •  Catheters
  • Guidewires

Price Range

  • High Range
  • Low/Economy Range

 Application

  • General Surgery
  • Anesthesia
  • Arthroscopy and Orthopaedic Surgery
  • Cardiology
  • Gastroenterology
  • Urology
  • Gynaecology
  • Others

 Type

  • In-House
  • Outsource

End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

 Distribution Channel

  • B2B
  • B2C

Global Single Use Medical Devices Reprocessing Market Regional Analysis/Insights

The global single use medical devices reprocessing market  is analysed and market size insights and trends are provided by product type, price range, application, type, end user and distribution channel as referenced above.

The countries covered in the global single use medical devices reprocessing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

In Europe, Germany dominates the market, driven by the increased frequency of epidemic and pandemic events. Major companies such as Stryker, Scientific Inc., and ReNu Medical fuel this growth. These companies focus on developing testing methods that prioritize high accuracy and minimal turnaround time, contributing to the region's prominence.

North America is expected to dominate the market, driven by increased investments in developing innovative testing methods. The U.S., specifically, leads in North America due to a surge in epidemic and pandemic events and the presence of advanced healthcare infrastructure. These factors position the region at the forefront of market dominance and innovation in testing methodologies.

Asia-Pacific is expected to dominate the market with increasing investments. China leads in the region, propelled by government support and growing funding for reprocessed device development. The strategic backing positions China at the forefront of market dominance, emphasizing the significance of governmental initiatives and financial backing in fostering growth in the Asia-Pacific market.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The global single use medical devices reprocessing market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for global single use medical devices reprocessing market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the global single use medical devices reprocessing market. The data is available for historic period 2016-2021.

Competitive Landscape and Global Single Use Medical Devices Reprocessing Market Share Analysis

The global single use medical devices reprocessing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global single use medical devices reprocessing market.

Some of the major players operating in the global single use medical devices reprocessing market are:

  • Johnson & Johnson Services, Inc. (U.S.)
  • Stryker (U.S.)
  • SureTek Medical (U.S.)
  • Medline Industries, Inc. (U.S.)
  • Vanguard AG (U.S.)
  • NEScientific, Inc. (U.S.)
  • INNOVATIVE HEALTH (U.S.)
  • ReNu Medical (U.S.)
  • Arjo (Sweden)
  • Jade Life Sciences Private Limited (India)


SKU-

Please fill in the below form for detailed Table of Content

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Table

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for detailed List of Figure

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The single use medical devices reprocessing market size will be worth USD 12,643.64 million by 2031.
The growth rate of the single use medical devices reprocessing market is 16.4% by 2031.
Rising awareness among healthcare practitioners & supply chain resilience through reprocessing are the growth drivers of the single use medical devices reprocessing market.
Product type, price range, application, type, end user and distribution channel are the factors on which the single use medical devices reprocessing market research is based.
Major companies in the single use medical devices reprocessing market are Johnson & Johnson Services, Inc. (U.S.), Stryker (U.S.), SureTek Medical (U.S.), Medline Industries, Inc. (U.S.), Vanguard AG (U.S.), NEScientific, Inc. (U.S.), INNOVATIVE HEALTH (U.S.), ReNu Medical (U.S.), Arjo (Sweden), Jade Life Sciences Private Limited (India)
Free Sample Report

CHOOSE LICENCE TYPE

  • 7000.00
  • 4800.00
  • 3000.00
  • 8000.00
  • 12000.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials