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The global single-use medical device reprocessing market size reached US$ 616.41 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,376.67 Million by 2027, exhibiting a growth rate (CAGR) of 13.80% during 2022-2027.
Reprocessing is a multistep and detailed process for cleaning and subsequently disinfecting or sterilizing single-use medical devices that leads to the safe use of a medical device. Single-use medical devices are reprocessed by cleaning the visible and non-visible materials, disinfecting the device, quality inspecting, sterilizing to meet the reusage parameters, and repacking the equipment. Non-critical devices are cleaned and disinfected at a low- or intermediate level if shared between patients, and semi-critical devices must be cleaned, sterilized, and disinfected at a high level. In contrast, critical device reprocessing must start with a thorough cleaning, followed by numerous sterilization procedures, including steam sterilization, vaporized hydrogen peroxide sterilization, and liquid chemical sterilization. The reprocessing can be done via third-party processing or in-hospital processing. Lately, reprocessing has gained traction for its ability to save medical expenditure.
The market is majorly driven by the augmenting cost pressures due to the rising price of original medical equipment. This can be attributed to the increasing penetration for single-use medical devices in small and mid-sized hospitals. In addition to this, favorable regulatory standards undertaken by government bodies of several countries fostering the adoption of reprocessed medical devices is creating lucrative opportunities for the major market players to extend their geographic presence. A considerable expansion in the number of healthcare facilities is also resulting in the escalating demand for advanced reprocessing technology, thereby pushing medical device OEMs towards outsourcing services. Apart from this, the widespread incidences of chronic disorders, along with the increasing number of surgical procedures, are providing an impetus to the market. Some of the other factors contributing to the market growth include the rising trend of sustainable development, continual technological advancements in equipment manufacturing and refurbishing, the growing geriatric population and extensive research and development (R&D) activities.
IMARC Group provides an analysis of the key trends in each sub-segment of the global single-use medical device reprocessing market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on device type, application and end user.
Breakup by Device Type:
Breakup by Application:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Arjo Inc., Innovative Health, Johnson & Johnson, Medline Industries LP, NEScientific Inc., Steripro Canada, Stryker Corporation, SureTek Medical and Vanguard AG.
|Base Year of the Analysis||2021|
|Segment Coverage||Device Type, Application, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Arjo Inc., Innovative Health, Johnson & Johnson, Medline Industries LP, NEScientific Inc., Steripro Canada, Stryker Corporation, SureTek Medical and Vanguard AG.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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