New

Medical Device Reprocessing Market

2021

Medical Device Reprocessing Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product and Service (Reprocessed Medical Devices, Reprocessing Support and Services); Medical Device (Laparoscopy Instruments, Catheters, Biopsy Instruments, Endoscopy Instrument, Columns and Cutters, Cables); Application (Cardiology, General Study, Orthopedic, Gastroenterology, Urology, Others) and Geography

| Report Code: TIPRE00002859 | No. of Pages: 150 | Category: Healthcare IT | Status: Upcoming

Market Insights

Medical Device Reprocessing Market 2028 By Product and Service, Medical Device, Application and Geography | The Insight Partners

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MARKET OVERVIEW



Reusable medical devices allow healthcare professionals to treat several patients with the same device. Though the concept is interesting, reusable devices are frequently prone to severe contamination from biological debris. Microbes are able to evade the disinfection procedure, resulting in serious healthcare-associated infections (HAIs). As a result, the device must be "reprocessed," which involves a multistage process to disinfect it. Cleaning, disinfecting, inspecting, and sterilising the devices are the steps followed in medical device reprocessing. The reprocessed device can be used in patients again. Reprocessing reduces the 40-60% cost of original device.

MARKET SCOPE



The "Global Medical Device Reprocessing Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the medical device reprocessing market with detailed market segmentation by product and service, medical device, application. The report provides key statistics on the market status of the leading medical device reprocessing market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION



  • Based on product and service the market is segmented as, reprocessed medical devices, reprocessing support and services.
  • Based on medical device the market is segmented as, laparoscopy instruments, catheters, biopsy instruments, endoscopy instrument, columns and cutters and cables.
  • Based on application the market is segmented as, cardiology, general study, orthopedic, urology and others.

MARKET DYNAMICS


Drivers:



  • Growing demand for use of reprocessed medical devices because of their lower cost.
  • Rising need to reduce medical waste is also expected to spur the market growth.
  • Technological advancements in healthcare sector is also expected to boost usage of reprocessed medical devices.

Restraints:



  • However, the issues such as chances of contaminations, risk of infection at surgical sites are likely to restrain market growth.

REGIONAL FRAMEWORK



The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The medical device reprocessing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the medical device reprocessing market in these regions.

IMPACT OF COVID-19ON MEDICAL DEVICE REPROCESSING MARKET



COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS



The report covers key developments in the medical device reprocessing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from medical device reprocessing market are anticipated to lucrative growth opportunities in the future with the rising demand for medical device reprocessing in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the medical device reprocessing market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  • 3M
  • STERIS
  • Medical Devices Business Services, Inc(Johnson and Johnson)
  • Medline Industries, Inc
  • Medtronic
  • ReNu Medical
  • SteriPro
  • Stryker
  • INNOVATIVE HEALTH
  • AGITO Medical
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Medical Device Reprocessing Market - By Product and Service
1.3.2 Medical Device Reprocessing Market - By Medical Device
1.3.3 Medical Device Reprocessing Market - By Application
1.3.4 Medical Device Reprocessing Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. MEDICAL DEVICE REPROCESSING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. MEDICAL DEVICE REPROCESSING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. MEDICAL DEVICE REPROCESSING MARKET - GLOBAL MARKET ANALYSIS
6.1. MEDICAL DEVICE REPROCESSING - GLOBAL MARKET OVERVIEW
6.2. MEDICAL DEVICE REPROCESSING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. MEDICAL DEVICE REPROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT AND SERVICE
7.1. OVERVIEW
7.2. PRODUCT AND SERVICE MARKET FORECASTS AND ANALYSIS
7.3. REPROCESSED MEDICAL DEVICES
7.3.1. Overview
7.3.2. Reprocessed Medical Devices Market Forecast and Analysis
7.4. REPROCESSING SUPPORT AND SERVICES
7.4.1. Overview
7.4.2. Reprocessing Support and Services Market Forecast and Analysis
8. MEDICAL DEVICE REPROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - MEDICAL DEVICE
8.1. OVERVIEW
8.2. MEDICAL DEVICE MARKET FORECASTS AND ANALYSIS
8.3. LAPAROSCOPY INSTRUMENTS
8.3.1. Overview
8.3.2. Laparoscopy Instruments Market Forecast and Analysis
8.4. CATHETERS
8.4.1. Overview
8.4.2. Catheters Market Forecast and Analysis
8.5. BIOPSY INSTRUMENTS
8.5.1. Overview
8.5.2. Biopsy Instruments Market Forecast and Analysis
8.6. ENDOSCOPY INSTRUMENT
8.6.1. Overview
8.6.2. Endoscopy Instrument Market Forecast and Analysis
8.7. COLUMNS AND CUTTERS
8.7.1. Overview
8.7.2. Columns and Cutters Market Forecast and Analysis
8.8. CABLES
8.8.1. Overview
8.8.2. Cables Market Forecast and Analysis
9. MEDICAL DEVICE REPROCESSING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. CARDIOLOGY
9.3.1. Overview
9.3.2. Cardiology Market Forecast and Analysis
9.4. GENERAL STUDY
9.4.1. Overview
9.4.2. General Study Market Forecast and Analysis
9.5. ORTHOPEDIC
9.5.1. Overview
9.5.2. Orthopedic Market Forecast and Analysis
9.6. GASTROENTEROLOGY
9.6.1. Overview
9.6.2. Gastroenterology Market Forecast and Analysis
9.7. UROLOGY
9.7.1. Overview
9.7.2. Urology Market Forecast and Analysis
9.8. OTHERS
9.8.1. Overview
9.8.2. Others Market Forecast and Analysis

10. MEDICAL DEVICE REPROCESSING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Medical Device Reprocessing Market Overview
10.1.2 North America Medical Device Reprocessing Market Forecasts and Analysis
10.1.3 North America Medical Device Reprocessing Market Forecasts and Analysis - By Product and Service
10.1.4 North America Medical Device Reprocessing Market Forecasts and Analysis - By Medical Device
10.1.5 North America Medical Device Reprocessing Market Forecasts and Analysis - By Application
10.1.6 North America Medical Device Reprocessing Market Forecasts and Analysis - By Countries
10.1.6.1 United States Medical Device Reprocessing Market
10.1.6.1.1 United States Medical Device Reprocessing Market by Product and Service
10.1.6.1.2 United States Medical Device Reprocessing Market by Medical Device
10.1.6.1.3 United States Medical Device Reprocessing Market by Application
10.1.6.2 Canada Medical Device Reprocessing Market
10.1.6.2.1 Canada Medical Device Reprocessing Market by Product and Service
10.1.6.2.2 Canada Medical Device Reprocessing Market by Medical Device
10.1.6.2.3 Canada Medical Device Reprocessing Market by Application
10.1.6.3 Mexico Medical Device Reprocessing Market
10.1.6.3.1 Mexico Medical Device Reprocessing Market by Product and Service
10.1.6.3.2 Mexico Medical Device Reprocessing Market by Medical Device
10.1.6.3.3 Mexico Medical Device Reprocessing Market by Application
10.2. EUROPE
10.2.1 Europe Medical Device Reprocessing Market Overview
10.2.2 Europe Medical Device Reprocessing Market Forecasts and Analysis
10.2.3 Europe Medical Device Reprocessing Market Forecasts and Analysis - By Product and Service
10.2.4 Europe Medical Device Reprocessing Market Forecasts and Analysis - By Medical Device
10.2.5 Europe Medical Device Reprocessing Market Forecasts and Analysis - By Application
10.2.6 Europe Medical Device Reprocessing Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Medical Device Reprocessing Market
10.2.6.1.1 Germany Medical Device Reprocessing Market by Product and Service
10.2.6.1.2 Germany Medical Device Reprocessing Market by Medical Device
10.2.6.1.3 Germany Medical Device Reprocessing Market by Application
10.2.6.2 France Medical Device Reprocessing Market
10.2.6.2.1 France Medical Device Reprocessing Market by Product and Service
10.2.6.2.2 France Medical Device Reprocessing Market by Medical Device
10.2.6.2.3 France Medical Device Reprocessing Market by Application
10.2.6.3 Italy Medical Device Reprocessing Market
10.2.6.3.1 Italy Medical Device Reprocessing Market by Product and Service
10.2.6.3.2 Italy Medical Device Reprocessing Market by Medical Device
10.2.6.3.3 Italy Medical Device Reprocessing Market by Application
10.2.6.4 Spain Medical Device Reprocessing Market
10.2.6.4.1 Spain Medical Device Reprocessing Market by Product and Service
10.2.6.4.2 Spain Medical Device Reprocessing Market by Medical Device
10.2.6.4.3 Spain Medical Device Reprocessing Market by Application
10.2.6.5 United Kingdom Medical Device Reprocessing Market
10.2.6.5.1 United Kingdom Medical Device Reprocessing Market by Product and Service
10.2.6.5.2 United Kingdom Medical Device Reprocessing Market by Medical Device
10.2.6.5.3 United Kingdom Medical Device Reprocessing Market by Application
10.2.6.6 Rest of Europe Medical Device Reprocessing Market
10.2.6.6.1 Rest of Europe Medical Device Reprocessing Market by Product and Service
10.2.6.6.2 Rest of Europe Medical Device Reprocessing Market by Medical Device
10.2.6.6.3 Rest of Europe Medical Device Reprocessing Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Medical Device Reprocessing Market Overview
10.3.2 Asia-Pacific Medical Device Reprocessing Market Forecasts and Analysis
10.3.3 Asia-Pacific Medical Device Reprocessing Market Forecasts and Analysis - By Product and Service
10.3.4 Asia-Pacific Medical Device Reprocessing Market Forecasts and Analysis - By Medical Device
10.3.5 Asia-Pacific Medical Device Reprocessing Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Medical Device Reprocessing Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Medical Device Reprocessing Market
10.3.6.1.1 Australia Medical Device Reprocessing Market by Product and Service
10.3.6.1.2 Australia Medical Device Reprocessing Market by Medical Device
10.3.6.1.3 Australia Medical Device Reprocessing Market by Application
10.3.6.2 China Medical Device Reprocessing Market
10.3.6.2.1 China Medical Device Reprocessing Market by Product and Service
10.3.6.2.2 China Medical Device Reprocessing Market by Medical Device
10.3.6.2.3 China Medical Device Reprocessing Market by Application
10.3.6.3 India Medical Device Reprocessing Market
10.3.6.3.1 India Medical Device Reprocessing Market by Product and Service
10.3.6.3.2 India Medical Device Reprocessing Market by Medical Device
10.3.6.3.3 India Medical Device Reprocessing Market by Application
10.3.6.4 Japan Medical Device Reprocessing Market
10.3.6.4.1 Japan Medical Device Reprocessing Market by Product and Service
10.3.6.4.2 Japan Medical Device Reprocessing Market by Medical Device
10.3.6.4.3 Japan Medical Device Reprocessing Market by Application
10.3.6.5 South Korea Medical Device Reprocessing Market
10.3.6.5.1 South Korea Medical Device Reprocessing Market by Product and Service
10.3.6.5.2 South Korea Medical Device Reprocessing Market by Medical Device
10.3.6.5.3 South Korea Medical Device Reprocessing Market by Application
10.3.6.6 Rest of Asia-Pacific Medical Device Reprocessing Market
10.3.6.6.1 Rest of Asia-Pacific Medical Device Reprocessing Market by Product and Service
10.3.6.6.2 Rest of Asia-Pacific Medical Device Reprocessing Market by Medical Device
10.3.6.6.3 Rest of Asia-Pacific Medical Device Reprocessing Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Medical Device Reprocessing Market Overview
10.4.2 Middle East and Africa Medical Device Reprocessing Market Forecasts and Analysis
10.4.3 Middle East and Africa Medical Device Reprocessing Market Forecasts and Analysis - By Product and Service
10.4.4 Middle East and Africa Medical Device Reprocessing Market Forecasts and Analysis - By Medical Device
10.4.5 Middle East and Africa Medical Device Reprocessing Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Medical Device Reprocessing Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Medical Device Reprocessing Market
10.4.6.1.1 South Africa Medical Device Reprocessing Market by Product and Service
10.4.6.1.2 South Africa Medical Device Reprocessing Market by Medical Device
10.4.6.1.3 South Africa Medical Device Reprocessing Market by Application
10.4.6.2 Saudi Arabia Medical Device Reprocessing Market
10.4.6.2.1 Saudi Arabia Medical Device Reprocessing Market by Product and Service
10.4.6.2.2 Saudi Arabia Medical Device Reprocessing Market by Medical Device
10.4.6.2.3 Saudi Arabia Medical Device Reprocessing Market by Application
10.4.6.3 U.A.E Medical Device Reprocessing Market
10.4.6.3.1 U.A.E Medical Device Reprocessing Market by Product and Service
10.4.6.3.2 U.A.E Medical Device Reprocessing Market by Medical Device
10.4.6.3.3 U.A.E Medical Device Reprocessing Market by Application
10.4.6.4 Rest of Middle East and Africa Medical Device Reprocessing Market
10.4.6.4.1 Rest of Middle East and Africa Medical Device Reprocessing Market by Product and Service
10.4.6.4.2 Rest of Middle East and Africa Medical Device Reprocessing Market by Medical Device
10.4.6.4.3 Rest of Middle East and Africa Medical Device Reprocessing Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Medical Device Reprocessing Market Overview
10.5.2 South and Central America Medical Device Reprocessing Market Forecasts and Analysis
10.5.3 South and Central America Medical Device Reprocessing Market Forecasts and Analysis - By Product and Service
10.5.4 South and Central America Medical Device Reprocessing Market Forecasts and Analysis - By Medical Device
10.5.5 South and Central America Medical Device Reprocessing Market Forecasts and Analysis - By Application
10.5.6 South and Central America Medical Device Reprocessing Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Medical Device Reprocessing Market
10.5.6.1.1 Brazil Medical Device Reprocessing Market by Product and Service
10.5.6.1.2 Brazil Medical Device Reprocessing Market by Medical Device
10.5.6.1.3 Brazil Medical Device Reprocessing Market by Application
10.5.6.2 Argentina Medical Device Reprocessing Market
10.5.6.2.1 Argentina Medical Device Reprocessing Market by Product and Service
10.5.6.2.2 Argentina Medical Device Reprocessing Market by Medical Device
10.5.6.2.3 Argentina Medical Device Reprocessing Market by Application
10.5.6.3 Rest of South and Central America Medical Device Reprocessing Market
10.5.6.3.1 Rest of South and Central America Medical Device Reprocessing Market by Product and Service
10.5.6.3.2 Rest of South and Central America Medical Device Reprocessing Market by Medical Device
10.5.6.3.3 Rest of South and Central America Medical Device Reprocessing Market by Application

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. MEDICAL DEVICE REPROCESSING MARKET, KEY COMPANY PROFILES
12.1. 3M
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. STERIS
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. MEDICAL DEVICES BUSINESS SERVICES, INC( JOHNSON AND JOHNSON)
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. MEDLINE INDUSTRIES, INC
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MEDTRONIC
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. RENU MEDICAL
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. STERIPRO
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. STRYKER
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. INNOVATIVE HEALTH
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. AGITO MEDICAL
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. 3M
2. STERIS
3. Medical Devices Business Services, Inc(Johnson and Johnson)
4. Medline Industries, Inc
5. Medtronic
6. ReNu Medical
7. SteriPro
8. Stryker
9. INNOVATIVE HEALTH
10. AGITO Medical
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