Global Medical Instrument Offsite Reprocessing Service Supply, Demand and Key Producers, 2024-2030

Global Medical Instrument Offsite Reprocessing Service Supply, Demand and Key Producers, 2024-2030

The global Medical Instrument Offsite Reprocessing Service market size is expected to reach $ 4956.1 million by 2030, rising at a market growth of 7.2% CAGR during the forecast period (2024-2030).

According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.

The Sterile Processing Department (SPD) is a highly critical department at a healthcare facility. The SPD is responsible for cleaning, decontaminating, sterilizing, and preparing surgical instruments for the Operating Room (OR). Many SPDs face daily challenges, from influxes in surgical case volumes and staffing shortages to processing more complex surgical instrument trays. Healthcare facilities are considering consolidating reprocessing within a health system or out to a third-party provider to standardize and streamline sterile processing processes. Offsite Reprocessing Centers (ORCs) are standalone facilities where healthcare facilities can send their soiled surgical instrument trays to be processed for cleaning and/or sterilization. Instruments are transported to an ORC via a temperature and humidity-controlled truck, where technicians will process surgical instruments based on manufacturers' Instructions for Use (IFUs). Once instruments are fully processed, sterile processing technicians will prepare and pack them to be transported back to the healthcare facility, procedure ready.

This report studies the global Medical Instrument Offsite Reprocessing Service demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Medical Instrument Offsite Reprocessing Service, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Medical Instrument Offsite Reprocessing Service that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Medical Instrument Offsite Reprocessing Service total market, 2019-2030, (USD Million)

Global Medical Instrument Offsite Reprocessing Service total market by region & country, CAGR, 2019-2030, (USD Million)

U.S. VS China: Medical Instrument Offsite Reprocessing Service total market, key domestic companies and share, (USD Million)

Global Medical Instrument Offsite Reprocessing Service revenue by player and market share 2019-2024, (USD Million)

Global Medical Instrument Offsite Reprocessing Service total market by Type, CAGR, 2019-2030, (USD Million)

Global Medical Instrument Offsite Reprocessing Service total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major players in the global Medical Instrument Offsite Reprocessing Service market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include STERIS, Belimed, 3M, Getinge AB, J&J Medical Devices, Fortive Corporation, Veinon, Cantel Medical and Cretex Companies, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Medical Instrument Offsite Reprocessing Service market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Medical Instrument Offsite Reprocessing Service Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Medical Instrument Offsite Reprocessing Service Market, Segmentation by Type
Reusable Device Reprocessing
Single-use Device Reprocessing
Reprocessing under FDA Emergency Use Authorization (EUA)

Global Medical Instrument Offsite Reprocessing Service Market, Segmentation by Application
Hospital
Ambulatory Surgery Center
Others

Companies Profiled:
STERIS
Belimed
3M
Getinge AB
J&J Medical Devices
Fortive Corporation
Veinon
Cantel Medical
Cretex Companies
E-BEAM Services
MEDISTRI SA
Sterigenics U.S.
Cosmed Group
Life Science Outsourcing
Noxilizer
Sterilmed
Stryker
Matachana

Key Questions Answered

1. How big is the global Medical Instrument Offsite Reprocessing Service market?

2. What is the demand of the global Medical Instrument Offsite Reprocessing Service market?

3. What is the year over year growth of the global Medical Instrument Offsite Reprocessing Service market?

4. What is the total value of the global Medical Instrument Offsite Reprocessing Service market?

5. Who are the major players in the global Medical Instrument Offsite Reprocessing Service market?