Reprocessed Medical Devices Market By Type (Catheters, Endoscopy Instruments, Laparoscopy Instruments, Cables, Columns, Curves, and Cutters, Biopsy Instruments, and Others), By End User (Hospitals, Clinics, and Ambulatory Surgical Centers), Industry Trends, Estimation & Forecast, 2023-2030

Market Definition

Reprocessing is a detailed multistep process for cleaning, sterilizing, disinfecting, reconditioning, repairing, and refurbishing of medical devices. Reprocessing of medical devices is a vital process for protecting patient safety. Reprocessing are of three types including in-house reprocessing, third-party reprocessing, and non-compliant reprocessing. Reprocessed medical devices are used for cost reduction and lower the medical waste generated.

The Reprocessed Medical Devices market was valued at 3.4 billion US$ in 2022 and is projected to reach 13.4 billion US$ by 2030, at a CAGR of 18.9% during the forecast period.

Market Dynamics

Increasing Regulatory approval for Reprocessed Medical Devices is driving the global reprocessed medical devices market. For instance, Northeast Scientific Inc. has received the U.S. Food and Drug Administration clearance for reprocessing the “.014 Digital IVUS catheter”. 014P digital IVUS catheter evaluates vascular morphology in blood vessels and provides cross-sectional imaging of vessels. The company has reprocessed over 650,000 devices. Additionally, Innovative Health, the single-use cardiology medical device reprocessing company, has received the Food and Drug Administration (FDA) for reprocessing the PENTARAY Nav eco High-Density mapping catheter represents both a technological and healthcare cost reduction milestone. Further, the pressure to reduce the volume of medical waste are key driving factors of the market. In U.S. hospitals, more than 5.9 million tons of medical waste is produced. To overcome the medical waste, the government bodies and companies are reprocessing medical waste to new medical devices.

According to the United States Government Accountability Office, the facilities using reprocessed devices saved around $200,000 to $1 million annually, on average. However, product recall of reprocessed medical devices might hamper market growth. For instance, Sterilmed, Inc. has recalled its Sterilmed Reprocessed Agilis Steerable Introducer Sheath due to improper seal of the sheath hub. Improper seals can cause blood to leak through the hub, cause the cap to fall off during the procedure, and can create a difference in pressure that allows air into the circulatory system. Moreover, favorable regulatory adoption of medical device reprocessing would provide lucrative opportunities for the market in the coming years.

Market Segmentation
The global reprocessed medical devices market is mainly classified based on type and end-user. Type is further segmented into Catheters, Endoscopy Instruments, Laparoscopy Instruments, Cables, Columns, Curves, and Cutters, Biopsy Instruments, and Others. By the end-user, the market is divided into Hospitals, Clinics, and Ambulatory Surgical Centers.

Catheters showed significant growth in 2019, owing to the commercialization of reprocessed medical devices, strategic partnership between companies to develop and commercialize reprocessed medical devices, and regulatory approval of reprocessed catheters devices. For instance, Innovative Health has received the U.S. Food and Drug Administration approval to reprocess four catheter brands, two from Medtronic and one each from Abbott’s St. Jude Medical and Johnson & Johnson’s Biosense Webster division. The devices are used to map cardiac tissues during ablation procedures.

Regional Analysis

Based on geography, the global reprocessed medical devices market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

North America was dominating the global reprocessed medical devices market in 2019, due to the growing medical device reprocessing industry in the U.S has emerged from hospitals’ drive to manage costs. According to the Association of Medical Device Reprocessors, in the U.S some hospitals save more than $1 million a year through FDA-cleared reprocessing of medical devices, and millions of pounds of medical waste. Moreover, the strategic acquisition between companies to expand their business in the reprocessed medical devices industry. For instance, Stryker’s has acquired Hygia Health Services. Hygia focuses exclusively on reprocessing patient care single-use devices (SUDs) in the U.S. The acquisition has allowed Stryker to better serve customers as a premier provider of sustainability solutions in the global healthcare market. Stryker helped nearly 3,000 SUD reprocessing customers saved $326 million in supply costs and drew 13.4 million pounds of waste from landfills in 2017.

Competitive landscape

Key players operating in the reprocessed medical devices industry include Stryker Corporation, Medtronic PLC, Johnson & Johnson, Medline Renewal, Vanguard AG, Steripro Canada Inc., Renu Medical, Inc., Vascular Solutions, Inc., Pioneer Medical Devices AG, Suretek Medical.

The commercialization of regulatory approved reprocessed medical devices, increasing R&D activities regarding reprocessed medical devices, strategic acquisition, and the collaboration between companies to expand their business for reprocessed medical devices are some of the strategies adopted by the major companies. For instance, on September 21, 2018, Innovative Health and Medline ReNewal has extended their collaboration on a single-use device reprocessing program for hospitals. The two companies will continue to provide a growing portfolio of medical device reprocessing clearances. The extended collaboration helped both the companies to improve medical device reprocessing programs.

Reprocessed Medical Devices Market Key Segments:

By Type
• Catheters
• Endoscopy Instruments
• Laparoscopy Instruments
• Cables, Columns, Curves, and Cutters
• Biopsy Instruments
• Others

By End User
• Hospitals
• Clinics
• Ambulatory Surgical Centers

Key Global Reprocessed Medical Devices Industry Players
• Stryker Corporation
• Medtronic PLC
• Johnson & Johnson
• Medline Renewal
• Vanguard AG
• Steripro Canada Inc.
• Renu Medical, Inc.
• Vascular Solutions, Inc.
• Pioneer Medical Devices AG
• Suretek Medical

Table of Content

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Reprocessed Medical Devices Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Increasing Regulatory approval for Reprocessed Medical Devices
3.3.2. The pressure to Reduce Volume of Medical Waste
3.4. Restraints
3.4.1. Product Recall
3.5. Opportunity
3.5.1. Favorable Regulatory Adoption of Medical Device Reprocessing
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Catheters
4.2.1. Market Size & Forecast
4.3. Endoscopy Instruments
4.3.1. Market Size & Forecast
4.4. Laparoscopy Instruments
4.4.1. Market Size & Forecast
4.5. Cables, Columns, Curves, and Cutters
4.5.1. Market Size & Forecast
4.6. Biopsy Instruments
4.6.1. Market Size & Forecast
4.7. Others
4.7.1. Market Size & Forecast

5. End User Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Hospitals
5.2.1. Market Size & Forecast
5.3. Clinics
5.3.1. Market Size & Forecast
5.4. Ambulatory Surgical Centers
5.4.1. Market Size & Forecast

6. Reprocessed Medical Devices Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Reprocessed Medical Devices Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Type
6.2.3. North America Market Size & Forecast, By End User
6.2.4. U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Reprocessed Medical Devices Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Type
6.3.3. Europe Market Size & Forecast, By End User
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Spain
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific Reprocessed Medical Devices Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Type
6.4.3. Asia-Pacific Market Size & Forecast, By End User
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Reprocessed Medical Devices Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Type
6.5.3. South America Market Size & Forecast, By End User
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Reprocessed Medical Devices Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Type
6.6.3. Middle East & Africa Market Size & Forecast, By End User
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast

7. Company Profile
7.1. Stryker Corporation
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. Stryker Corporation Product Category, Application, and Specification
7.1.3. Stryker Corporation Financial Performance (2016-2018)
7.1.4. Main Business/Business Overview
7.2. Medtronic PLC
7.3. Johnson & Johnson
7.4. Medline Renewal
7.5. Vanguard AG
7.6. Steripro Canada Inc.
7.7. Renu Medical, Inc.
7.8. Vascular Solutions, Inc.
7.9. Pioneer Medical Devices AG
7.10. Suretek Medical