Market – Overview

The Global Reprocessed Medical Device Market is expected to reach a CAGR of 11.86% during the forecast period (2022-2029).

Cleaning, remanufacturing, disinfection, testing, packing and naming, and sterilization are all phases in the process of reprocessing a used medical device so that it is used again. It provides financial benefits to the medical care facility, such as purchasing disposable tools or devices during a single patient procedure.

 

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Market Dynamics

Innovation in next-generation reusable medical devices are expected to drive market growth.

Various stakeholders work together to reduce the risk of exposure to improperly recycled medical equipment. It includes the FDA, health care facilities in charge of cleaning, sterilizing, or disinfecting the devices, and manufacturers in charge of giving proper reprocessing instructions that are both user-friendly and effective. For instance, these design features include Non-interchangeable connectors for critical connections(tubes used with endoscopes for direct patient connection that cannot be interchanged with tubing used for waste drainage), smooth surfaces, including smooth inner surfaces of the long, narrow interior channels (lumens), Clear identification of connecting accessories, such as drainage tubing and designs that address how fluid flows through the device, and areas of debris build-up within devices. Moreover, the FDA collaborates with standard-setting organizations like the Association for Advancement of Medical Instrumentation and ASTM International to produce a set of best practices. Manufacturers will be given instructions for designing devices that are adequately reprocessed, as well as effective test techniques and criteria for verifying reprocessing methods for reusable medical devices. These are some of the factors the market is expected to drive in the forecast period.

 

Market Segmentation

By Product & Service

  • Reprocessing Support & Services
  • Reprocessed Medical Device

By Device type

  • Laparoscopy Instruments
  • Biopsy Instruments
  • Endoscopy Instruments
  • Others

 

Competitive Landscape

Major key players in the reprocessed medical device market are Stryker Corporation, Medline Industries Inc., Sterilmed Inc. (Johnson & Johnson), Vanguard AG, Medtronic plc, SteriPro Canada, Inc., ReNu Medical, Inc., Block Imaging and AGITO Medical.

 

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