Reprocessed Medical Devices Market, by Technique (Laparoscopic Devices, Gastroenterology, General Surgery, Orthopedic Devices, and Cardiovascular Devices),by Application (Cardiology, Gynecology, Gastroenterology, and Anesthesia), by End User (Hospitals, C

Reprocessed Medical Devices Market, by Technique (Laparoscopic Devices, Gastroenterology, General Surgery, Orthopedic Devices, and Cardiovascular Devices),by Application (Cardiology, Gynecology, Gastroenterology, and Anesthesia), by End User (Hospitals, Clinics, Home Healthcare, Diagnostic Centers, Ambulatory Surgical Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Increasing hospital expenditures on medical devices and high amount of medical wastage produced in day to day practices is a major burden globally. To address this problem, medical devices industry and healthcare providers are focused on reprocessing medical devices as an alternative solution to address both the challenges. Increasing reprocessed medical devices are attributed to various factors such as hospital cost savings, low cost availability of reprocessed devices, and environmental benefits by reducing medical wastages.

Reusable medical devices get dirty and contaminated with bacteria when they are used on patients. Reusable devices go through reprocessing, a thorough, multi-step process to clean and then disinfect or sterilize them, to eliminate any danger of infection from a contaminated device. The actions necessary to make sure that Reusable medical devices (RMD) is secure for its intended usage are referred to as reprocessing. Cleaning, inspection, assembly, functional testing, disinfection, packaging, labelling, sterilization, and storage are all steps in the multi-step process of reprocessing.

Market Dynamics

Increasing awareness about the adverse environmental effects like increase in soil pollution, increase in amount of carbon dioxide release, of dumping medical wastes in landfills are expected to drive growth of market over the forecast period. The widespread use of plastics and other non-biodegradable artificial polymers in medical devices are expected to fuel growth of the global reprocessed medical devices market, as adoption of biodegradable materials in medical devices has still not been widely incorporated. For instance, according to data published in February 2018, by the World Health Organization (WHO), stated that every year an estimated 16 billion injections are administered worldwide, but not all of the needles and syringes are properly disposed off afterwards.

Key features of the study:

• This report provides in-depth analysis of the global reprocessed medical devices market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global reprocessed medical devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Stryker Corporation, Johnson & Johnson, Vanguard AG), Medline ReNewal , SteriPro Canada, Inc., Pioneer Medical Devices AG, Vascular Solutions, Inc., HYGIA Health Services, Inc., ReNu Medical, Inc., SureTek Medical, and Centurion Medical Products Corporation
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global reprocessed medical devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global reprocessed medical devices market

Detailed Segmentation:

• Global Reprocessed Medical Devices Market, By Technique:
• Laparoscopic Devices
• Gastroenterology
• General Surgery
• Orthopedic Devices
• Cardiovascular Devices
• Others
• Global Reprocessed Medical Devices Market, By Application:
• Cardiology
• Gynecology
• Gastroenterology
• Anesthesia
• Global Reprocessed Medical Devices Market, By End User:
• Hospitals
• Clinics
• Home Healthcare
• Diagnostic Centers
• Ambulatory Surgical Centers
• Others
• Global Reprocessed Medical Devices Market, By Region:
• North America
• By Country
• U.S.
• Canada
• Latin America
• By Country
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Europe
• By Country
• Germany
• U.K.
• France
• Italy
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• By Country
• China
• India
• Japan
• Australia
• South Korea
• ASEAN
• Rest of Asia Pacific
• Middle East
• By Country
• GCC
• Israel
• Rest of Middle East
• Africa
• By Region/Country
• South Africa
• Central Africa
• North Africa
• Company Profiles
• Stryker Corporation
• Company Highlights
• Products Portfolio
• Key Highlights
• Financial Performance
• Strategies
• Johnson & Johnson
• Vanguard AG)
• Medline ReNewal
• SteriPro Canada, Inc.
• Pioneer Medical Devices AG
• Vascular Solutions, Inc.
• HYGIA Health Services, Inc.
• ReNu Medical, Inc.
• SureTek Medical
• Centurion Medical Products Corporation

“*” marked represents similar segmentation in other categories in the respective section.