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Reprocessed Medical Devices Market Size & Share, by Type (Cardiovascular, Laparoscopic, General Surgery, Orthopedic/Arthroscopic, Gastroenterology Medical Devices); End-User (Hospitals, Nursing Homes, Small Clinics) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 165
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Reprocessed Medical Devices Market size was over USD 3.12 billion in 2024 and is poised to exceed USD 22.97 billion by 2037, witnessing over 16.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of reprocessed medical devices is evaluated at USD 3.56 billion.

The growth of the market over the forecast period can be attributed primarily to the growing need for effective and affordable medical devices, along with the increasing need to lower the generation of medical wastes in healthcare settings. Further, increasing prevalence of different type of diseases and therefore the need for surgical instruments to treat such diseases, followed by the rising need from the newly developed healthcare settings for such affordable devices, inclination of healthcare professional towards the use of single-use reprocessed devices (SUDs), and the need amongst the healthcare settings to lower the cost of their regulated medical wastes (RMWs) are some of the additional factors anticipated to drive the market growth.

The U.S. Food and Drug Administration (FDA) have laid a set of six criteria guidance and procedures for reprocessing of the medical devices and have also defined a list of reusable medical devices for reprocessing, some of which includes endoscopes, surgical forceps, and stethoscopes among others. The medical device reprocessing companies strictly need to adhere to the six criteria laid by the FDA.

Growth Drivers

  • Growing Need Amongst Healthcare Operators to Lower Their Cost on Medical Wastes
  • Rising Concern for the Environment

Challenges

  • Stringent Procedures of the Regulatory Authorities for Reprocessing of Medical Devices
  • Risks of Infections in the Surgical Site

Reprocessed Medical Devices Market: Key Insights

Report Attribute Details

Base Year

2024

Forecast Year

2025-2037

CAGR

16.6%

Base Year Market Size (2024)

USD 3.12 billion

Forecast Year Market Size (2037)

USD 22.97 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Reprocessed Medical Devices Segmentation

The market is segmented by end-user into hospitals, nursing homes, and small clinics. Among these segments, the hospitals segment is projected to grab the highest share of the market by the end of 2021. The growth of the segment can be attributed to the growing need amongst hospitals to lower their medical wastes and the need to lower their cost of procuring different devices used for surgeries and other medical purposes. Moreover, growing concern for single-use medical wastes generated by hospitals, and the stringent regulatory norms of the government of nations to lower the medical wastes are some of the additional factors anticipated to drive the growth of the segment in the coming years. 

Our in-depth analysis of the global market includes the following segments

By Type
  • Cardiovascular
  • Laparoscopic
  • General Surgery
  • Orthopedic/Arthroscopic
  • Gastroenterology Medical Devices

By End-User
  • Hospitals
  • Nursing Homes
  • Small Clinics
Vishnu Nair
Vishnu Nair
Head - Global Business Development

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Reprocessed Medical Devices Industry - Regional Synopsis

North America Market Statistics

North America industry is set to account for largest revenue share by 2037, attributed to increasing awareness amongst the end-users to curtail the waste generated from them, along with growing concern for the environment backed by rising landfills from medical wastes, and favorable government initiatives that promote reprocessing of medical equipment.

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Companies Dominating the Reprocessed Medical Devices Landscape

    • MEDICON eG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Developments
      • Regional Presence
      • SWOT Analysis
    • Elite-Medical LLC
    • Pelion Surgical
    • Moria SA
    • Aesculap, Inc.
    • Millennium Surgical Corp.
    • gSource, LLC
    • Sklar Surgical Instruments
    • Stryker Corporation
    • Integra LifeSciences Corporation
  • Report ID: 165
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT
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Frequently Asked Questions (FAQ)

In the year 2025, the industry size of reprocessed medical devices is evaluated at USD 3.56 billion.

Reprocessed Medical Devices Market size was over USD 3.12 billion in 2024 and is poised to exceed USD 22.97 billion by 2037, witnessing over 16.6% CAGR during the forecast period i.e., between 2025-2037.

North America industry is set to account for largest revenue share by 2037, attributed to increasing awareness amongst the end-users to curtail the waste generated from them, along with growing concern for the environment backed by rising landfills from medical wastes, and favorable government initiatives that promote reprocessing of medical equipment.

The major players in the market are MEDICOM eG, Elite-Medical LLC, Pelion Surgical, Moria SA, Aesculap, Inc., Millennium Surgical Corp., gSource, LLC, and others.

Reprocessed Medical Device Market Report Scope

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