Reprocessed Medical Devices Market: By Product Type, By End-user and Geography  

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Reprocessed Medical Devices Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Cardiovascular Medical Devices, Laparoscopic Medical Devices, Orthopaedic/ Arthroscopic Medical Devices), By End-user (Hospitals, Clinics, Ambulatory Surgical Centres, Community Healthcare, Diagnostic Laboratories, Others) and Region  

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Reprocessed Medical Devices Market size was valued at US$ 2,482.6 million in 2023 and is poised to grow at a significant CAGR of 13.9% from 2024-2030. The global market provides a detailed overview and that can be segmented by product type and by end user. By product type, the global market has been segmented into Cardiovascular Medical Devices, Laparoscopic Medical Devices, and Orthopaedic/ Arthroscopic Medical Devices. The Cardiovascular Medical Devices segment is likely to be the largest and fastest-growing segment in terms of type in 2021 and is expected to maintain the trend in the forecasted years according to precision business insights. It is attributed to the increasing prevalence of cardiac diseases and higher demand for diagnostic and cardiac procedures.

The increasing adaption rate of advanced medical devices and reduced cost associate with these devices and maintenance of the devices will further drive the global market in the forecasted years. Based on end user, the global market is segmented into Hospitals, Clinics, Ambulatory Surgical Centres, Community Healthcare, Diagnostic Laboratories, and Others. The Hospitals segment accounts for the largest share in 2021 and is anticipated to register a significant CAGR in the upcoming years. It is due to the large number of patient base in the hospital segment, the presence of in-house reprocessing units and rising number of collaborations with third-party. Reprocessing is basically recycling of medical devices.

Key Developments

  • In April 2017, The European Union passed a comprehensive new EU wide Medical Device Regulation (MDR).  For SUD (Single Used Devices) reprocesses, this is a major development as Europe now has in place a manufacturer regulatory path for reprocessed SUDs.
  • In November 2011, Ethicon Endo-Surgery, Inc. medical devices company acquired SterilMed, Inc. US-based reprocessing & remanufacturing company of single-use medical devices

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Global Reprocessed Medical Devices Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

13.9%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Reprocessed Medical Device Market Dynamics

Growing demand for cost effective medical devices and increasing prevalence of diseases are anticipated to propel the market growth over the forecast years.

Global Reprocessed Medical Devices Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 2,482.6 million

Market CAGR

13.9%

By Product Type

  • Cardiovascular Medical Devices
  • Laparoscopic Medical Devices
  • Orthopaedic/ Arthroscopic Medical Devices

By End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres
  • Community Healthcare
  • Diagnostic Laboratories
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Key Features of the Report

  • The reprocessed medical devices market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

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Frequently Asked Questions

The Reprocessed medical devices market size was valued at US$ 2,482.6 million in 2022.

Increase In Livestock Feed Production

The Reprocessed medical devices market key players are Medline ReNewal (U.S.), Johnson & Johnson Services Inc., (U.S.), Stryker Corporation (U.S.), Vanguard AG (Germany), SteriPro Canada, Inc. (Canada), Pioneer Medical Devices AG (Germany), HYGIA Health Services, Inc. (U.S.), Vascular Solutions, Inc. (U.S.), ReNu Medical, Inc. (U.S.), Centurion Medical Products Corporation (U.S.), SureTek Medical (U.S.)

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Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1.Executive Summary
2.Global Reprocessed Medical Devices Market Introduction 
2.1.Global Reprocessed Medical Devices Market  - Taxonomy
2.2.Global Reprocessed Medical Devices Market  - Definitions
2.2.1.Product Type
2.2.2.End User
2.2.3.Region
3.Global Reprocessed Medical Devices Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Reprocessed Medical Devices Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Reprocessed Medical Devices Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Cardiovascular Medical Devices
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Laparoscopic Medical Devices
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Orthopaedic/ Arthroscopic Medical Devices
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6.Global Reprocessed Medical Devices Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Hospitals
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Clinics
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Ambulatory Surgical Centres
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Community Healthcare
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Diagnostic Laboratories
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Reprocessed Medical Devices Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Reprocessed Medical Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Cardiovascular Medical Devices
8.1.2.Laparoscopic Medical Devices
8.1.3.Orthopaedic/ Arthroscopic Medical Devices
8.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Hospitals
8.2.2.Clinics
8.2.3.Ambulatory Surgical Centres
8.2.4.Community Healthcare
8.2.5.Diagnostic Laboratories
8.2.6.Others
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Reprocessed Medical Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Cardiovascular Medical Devices
9.1.2.Laparoscopic Medical Devices
9.1.3.Orthopaedic/ Arthroscopic Medical Devices
9.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Hospitals
9.2.2.Clinics
9.2.3.Ambulatory Surgical Centres
9.2.4.Community Healthcare
9.2.5.Diagnostic Laboratories
9.2.6.Others
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Reprocessed Medical Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Cardiovascular Medical Devices
10.1.2.Laparoscopic Medical Devices
10.1.3.Orthopaedic/ Arthroscopic Medical Devices
10.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Hospitals
10.2.2.Clinics
10.2.3.Ambulatory Surgical Centres
10.2.4.Community Healthcare
10.2.5.Diagnostic Laboratories
10.2.6.Others
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Reprocessed Medical Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Cardiovascular Medical Devices
11.1.2.Laparoscopic Medical Devices
11.1.3.Orthopaedic/ Arthroscopic Medical Devices
11.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Hospitals
11.2.2.Clinics
11.2.3.Ambulatory Surgical Centres
11.2.4.Community Healthcare
11.2.5.Diagnostic Laboratories
11.2.6.Others
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Reprocessed Medical Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Cardiovascular Medical Devices
12.1.2.Laparoscopic Medical Devices
12.1.3.Orthopaedic/ Arthroscopic Medical Devices
12.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Hospitals
12.2.2.Clinics
12.2.3.Ambulatory Surgical Centres
12.2.4.Community Healthcare
12.2.5.Diagnostic Laboratories
12.2.6.Others
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Medline ReNewal
13.2.2.Johnson & Johnson Services Inc.,
13.2.3.Stryker Corporation
13.2.4.Vanguard AG
13.2.5.SteriPro Canada, Inc.
13.2.6.Pioneer Medical Devices AG
13.2.7.HYGIA Health Services, Inc.
13.2.8.Vascular Solutions, Inc.
13.2.9.ReNu Medical, Inc.
13.2.10.Centurion Medical Products Corporation
13.2.11.SureTek Medical
14. Research Methodology 
15. Appendix and Abbreviations 

Key Market Players

  • Medline ReNewal
  • Johnson & Johnson Services Inc.,
  • Stryker Corporation
  • Vanguard AG
  • SteriPro Canada, Inc.
  • Pioneer Medical Devices AG
  • HYGIA Health Services, Inc.
  • Vascular Solutions, Inc.
  • ReNu Medical, Inc.
  • Centurion Medical Products Corporation
  • SureTek Medical

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