Reprocessed Medical Device Market Trends

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

Reprocessed Medical Device Market Trends

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

Regionally, the global reprocessed medical devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Among these regions, the market in North America is projected to hold the largest market share by the end of 2029. The growth of the market in the region can be attributed to the increasing awareness amongst the end-users to curtail the waste generated from them, along with the growing concern for the environment backed by the rising landfills from medical wastes, and the favorable government initiatives that promote reprocessing of medical equipment.

The global reprocessed medical devices market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

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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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


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

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.
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