Reprocessed Medical Devices Sector: Growth Drivers and Challenges
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
|
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 |
|
Browse key industry insights with market data tables & charts from the report:
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.
