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Medical Device Reprocessing Market by Product (Reprocessed Device (Catheter, Endoscope, Laparoscopic Instruments, Biopsy, Pulse Oximeter), Service), Application (Cardiology, Gastroenterology, Arthroscopy, Orthopedic, Anesthesia) - Global Forecast to 2022

Medical Device Reprocessing Market by Product (Reprocessed Device (Catheter, Endoscope, Laparoscopic Instruments, Biopsy, Pulse Oximeter), Service), Application (Cardiology, Gastroenterology, Arthroscopy, Orthopedic, Anesthesia) - Global Forecast to 2022

The global medical device reprocessing market is estimated to grow at a CAGR of 16.3% from 2017 to 2022, to reach USD 1,754.0 million by 2022. The key factors driving the growth of this market include the low prices of reprocessed devices as compared to new ones and the pressure to reduce the volume of medical waste generated. However, the risk of transmission of surgical site infections associated with the use of reprocessed devices may hinder the growth of the market to a certain extent during the forecast period.

The reprocessing support and services segment is expected to grow at the highest CAGR
On the basis of product and service, the medical device reprocessing market is segmented into reprocessing support & service and reprocessed medical devices. The reprocessing support and services segment is expected to witness the highest growth during the forecast period. The growth of this segment is mainly due to the growing preference of third-party reprocessing of medical devices by hospitals, clinics, surgical centers, clinical pathologies, and other healthcare organizations, over in-house reprocessing practices.

The catheters segment to dominate the global medical device reprocessing market during the forecast period
Based on the type of medical device, the medical device reprocessing market is further classified into catheters; laparoscopic instruments; biopsy instruments; endoscopy instruments; cables, columns, curves, and cutters; and other reprocessed medical devices. The catheters segment is expected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increased utilization of reprocessed cardiology catheters, electrophysiology catheters, and diagnostic catheters in recent years.

The cardiology segment is projected to grow at the highest CAGR during the forecast period.
Based on application, the medical device reprocessing market is further segmented into cardiology; gastroenterology, urology, and gynecology; arthroscopy and orthopedic surgery; and general surgery and anesthesia. During the forecast period, the cardiology segment is expected to grow at the highest CAGR. This growth is mainly due to the increased utilization of reprocessed medical devices during cardiology procedures, growing prevalence of cardiovascular diseases, increasing number of cardiology procedures across the globe, and rising utilization of reprocessed cardiac catheters.

Europe to witness the highest growth during the forecast period (2017-2022)
North America held the largest share of the global medical device reprocessing market in 2016, while Europe is expected to witness the highest growth during 2017 to 2022. Growing healthcare expenditure, rising geriatric population, increasing number of surgical procedures associated with growing prevalence of chronic diseases, and rising awareness about the utilization of reprocessed medical devices are the key factors responsible for the growth of this market in the European region.

Break of primary participants was as mentioned below:
• By Company Type – Tier 1–45%, Tier 2–40% and Tier 3–15%
• By Designation – C-level–41%, Director Level–30%, Others–29%
• By Region – North America–38%, Europe–31%, Asia-Pacific–19%, RoW–12%

Some of the major market players in the medical device reprocessing market are Stryker Corporation (U.S.), Johnson & Johnson (U.S.), Vanguard AG (Germany), Medline ReNewal (U.S.), Medtronic plc (Ireland), SteriPro Canada, Inc., Pioneer Medical Devices AG (Germany), Vascular Solutions, Inc. (U.S.), HYGIA Health Services, Inc. (U.S.), ReNu Medical, Inc. (U.S.), SureTek Medical (U.S.), and Centurion Medical Products Corporation (U.S.).

Research Coverage:
The report analyzes the medical device reprocessing market and aims at estimating market size and future growth potential of this market based on various segments such as product and service, type of medical device, application, and region. The report also includes an in-depth regulatory analysis for various regions across the globe and competitive analysis of the key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.

Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies.

This report provides insights on the following pointers:
• Market Penetration: Comprehensive information on product and service portfolios offered by the top players in the global medical device reprocessing market. The report analyzes the global medical device reprocessing market by product and service, type of medical device, application, and region.
• Service Enhancement/Innovation: Detailed insights on upcoming trends and new service launches in the global medical device reprocessing market.
• Market Development: Comprehensive information on the lucrative emerging markets by product and service, type of medical device, application, and region.
• Market Diversification: Exhaustive information about new services or service enhancements, growing geographies, recent developments, and investments in the global medical device reprocessing market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, products, services, and capabilities of reprocessing of medical devices of leading players in the global market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH APPROACH
      • SECONDARY SOURCES
      • PRIMARY SOURCES
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • MARKET SHARE ESTIMATION
    • ASSUMPTIONS FOR THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • GLOBAL MEDICAL DEVICE REPROCESSING MARKET OVERVIEW
    • GLOBAL MEDICAL DEVICE REPROCESSING MARKET, BY TYPE OF DEVICE, 2017 VS, 2022
    • MEDICAL DEVICE REPROCESSING MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
    • MEDICAL DEVICE REPROCESSING MARKET: GEOGRAPHIC MIX
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table PRICE COMPARISON: NEW DEVICE VERSUS REPROCESSED DEVICE
        • Table LOW PRICES OF REPROCESSED MEDICAL DEVICES TO DRIVE MARKET GROWTH
      • RESTRAINTS
        • Table REPROCESSED MEDICAL DEVICES MARKET: KEY RESTRAINTS
      • OPPORTUNITIES
        • Table REGULATORY CHANGES PROVIDE SIGNIFICANT GROWTH OPPORTUNITIES
      • KEY CHALLENGES
        • Table NEED TO COMPLY WITH REGULATORY PROCEDURES FOR MEDICAL DEVICE REPROCESSING, A MAJOR MARKET CHALLENGE
  • REGULATORY ANALYSIS
    • INTRODUCTION
      • Table INDICATIVE LIST OF REGULATORY AUTHORITIES GOVERNING MEDICAL DEVICE REPROCESSING
      • NORTH AMERICA
        • Table CANADA: REPROCESSING POLICIES OF SINGLE-USE MEDICAL DEVICES
      • EUROPE
      • ASIA-PACIFIC (APAC)
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  • GLOBAL MEDICAL DEVICE REPROCESSING MARKET BY PRODUCT & SERVICE
    • INTRODUCTION
      • Table GLOBAL MEDICAL DEVICE REPROCESSING MARKET, BY PRODUCT AND SERVICE, 2015-2022 (USD MILLION)
    • REPROCESSING SUPPORT AND SERVICES
      • Table GLOBAL REPROCESSING SUPPORT AND SERVICES MARKET SIZE, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
    • REPROCESSED MEDICAL DEVICES
      • Table PLAYERS OFFERING REPROCESSED MEDICAL DEVICES
      • Table GLOBAL REPROCESSED MEDICAL DEVICES MARKET SIZE, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
  • GLOBAL MEDICAL DEVICE REPROCESSING MARKET, BY TYPE OF MEDICAL DEVICE
    • INTRODUCTION
      • Table GLOBAL MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF MEDICAL DEVICE, 2015-2022 (USD MILLION)
    • CATHETERS
      • Table GLOBAL REPROCESSED CATHETERS MARKET SIZE, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
    • LAPAROSCOPY INSTRUMENTS
      • Table GLOBAL REPROCESSED LAPAROSCOPY INSTRUMENTS MARKET SIZE, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
    • CABLES, COLUMNS, CURVES, AND CUTTERS
      • Table GLOBAL REPROCESSED CABLES, COLUMNS, CURVES, AND CUTTERS MARKET SIZE, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
    • BIOPSY INSTRUMENTS
      • Table GLOBAL REPROCESSED BIOPSY INSTRUMENTS MARKET SIZE, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
    • ENDOSCOPY INSTRUMENTS
      • Table GLOBAL REPROCESSED ENDOSCOPY INSTRUMENTS MARKET SIZE, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
    • OTHER REPROCESSED MEDICAL DEVICES
      • Table GLOBAL OTHER REPROCESSED MEDICAL DEVICES MARKET SIZE, BY COUNTRY/REGION, 2015-2022, (USD MILLION)
  • GLOBAL MEDICAL DEVICE REPROCESSING MARKET BY APPLICATION
    • INTRODUCTION
      • Table GLOBAL MEDICAL DEVICE REPROCESSING MARKET, BY APPLICATION, 2015-2022 (USD MILLION)
    • CARDIOLOGY
      • Table GLOBAL MEDICAL DEVICE REPROCESSING MARKET SIZE FOR CARDIOLOGY, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
    • GASTROENTEROLOGY, UROLOGY, AND GYNECOLOGY
      • Table PREVALENCE OF GYNECOLOGIC CONDITIONS, 2014-2015
      • Table GLOBAL MEDICAL DEVICE REPROCESSING MARKET SIZE FOR GASTROENTEROLOGY, UROLOGY, AND GYNECOLOGY, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
    • ARTHROSCOPY AND ORTHOPEDIC SURGERY
      • Table GLOBAL MEDICAL DEVICE REPROCESSING MARKET SIZE FOR ARTHROSCOPY AND ORTHOPEDIC SURGERY, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
    • GENERAL SURGERY AND ANESTHESIA
      • Table GLOBAL MEDICAL DEVICE REPROCESSING MARKET SIZE FOR GENERAL SURGERY AND ANESTHESIA, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
  • GLOBAL MEDICAL DEVICE REPROCESSING MARKET, BY REGION
    • INTRODUCTION
      • Table GLOBAL MEDICAL DEVICE REPROCESSING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table GLOBAL MEDICAL DEVICE REPROCESSING MARKET SIZE, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • U.S.
        • Table U.S.: NUMBER OF PATIENT VISITS (THOUSANDS) (2011 - 2013)
        • Table U.S.: NUMBER OF REPORTED SURGICAL PROCEDURES (2014)
        • Table U.S.: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
        • Table U.S.: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
        • Table U.S.: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • CANADA
        • Table CANADA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
        • Table CANADA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
        • Table CANADA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY COUNTRY/REGION, 2015-2022 (USD MILLION)
      • Table EUROPE: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
      • Table EUROPE: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
      • Table EUROPE: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • GERMANY
        • Table GERMANY: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
        • Table GERMANY: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
        • Table GERMANY: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • U.K.
        • Table U.K.: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
        • Table U.K.: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
        • Table U.K.: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • FRANCE
        • Table FRANCE: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
        • Table FRANCE: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
        • Table FRANCE: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
        • Table REST OF EUROPE: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
        • Table REST OF EUROPE: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table ASIA-PACIFIC: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
      • Table ASIA-PACIFIC: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
      • Table ASIA-PACIFIC: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • AUSTRALIA
        • Table AUSTRALIA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
        • Table AUSTRALIA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
        • Table AUSTRALIA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • JAPAN
        • Table JAPAN: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
        • Table JAPAN: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
        • Table JAPAN: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
    • REST OF THE WORLD (ROW)
      • Table ROW: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table ROW: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
      • Table ROW: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
      • Table ROW: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • LATIN AMERICA
        • Table BRAZIL: NUMBER OF HEART VALVE SURGERIES
        • Table LATIN AMERICA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
        • Table LATIN AMERICA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
        • Table LATIN AMERICA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
      • MIDDLE EAST AND AFRICA
        • Table MIDDLE EAST AND AFRICA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY PRODUCT & SERVICE, 2015-2022 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY TYPE OF DEVICE, 2015-2022 (USD MILLION)
        • Table MIDDLE EAST AND AFRICA: MEDICAL DEVICE REPROCESSING MARKET SIZE, BY APPLICATION, 2015-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • VENDOR DIVE OVERVIEW
      • VANGUARDS
      • INNOVATORS
      • EMERGING
      • DYNAMIC
    • COMPETITIVE BENCHMARKING
      • PRODUCT PORTFOLIO OF MAJOR PLAYERS IN THE MEDICAL DEVICE REPROCESSING MARKET
      • BUSINESS STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE MEDICAL DEVICE REPROCESSING MARKET
    • MARKET SHARE ANALYSIS
  • COMPANY PROFILES
    • STRYKER CORPORATION
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
    • VANGUARD AG
      • OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • JOHNSON & JOHNSON (J&J) (STERILMED, INC.)
      • OVERVIEW
      • PRODUCT AND SERVICE OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
    • MEDTRONIC PLC
      • OVERVIEW
      • PRODUCT AND SERVICE OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • MEDLINE RENEWAL
      • OVERVIEW
      • PRODUCT AND SERVICE OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • STERIPRO CANADA INC.
      • OVERVIEW
      • PRODUCT AND SERVICE OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • PIONEER MEDICAL DEVICES AG
      • OVERVIEW
      • PRODUCT AND SERVICE OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
    • VASCULAR SOLUTIONS, INC.
      • OVERVIEW
      • PRODUCT AND SERVICE OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
    • HYGIA HEALTH SERVICES, INC.
      • OVERVIEW
      • PRODUCT AND SERVICE OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • RENU MEDICAL, INC.
      • OVERVIEW
      • PRODUCT AND SERVICE OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
    • SURETEK MEDICAL
      • OVERVIEW
      • PRODUCT AND SERVICE OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
    • CENTURION MEDICAL PRODUCTS CORPORATION
      • OVERVIEW
      • PRODUCT AND SERVICE OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORT
    • AUTHOR DETAILS

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