Reprocessed Medical Devices Market

Reprocessed Medical Devices Market: Asia Pacific
Industry Analysis and Opportunity Assessment, 2017–
2027
April 2017
Report Id : REP-AP-3211
Status : Apr-2017
Category : Healthcare, Pharmaceuticals & Medical Devices
©2015 Future Market Insights, All Rights Reserved
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Research Methodology (1/2)
Systematic Research Approach
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Market profiling
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Developing list of respondents
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In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
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(manufacturers), distributors, retailers
and industry experts
Data collection
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Data validation
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method, wherein secondary, primary
and PMR analysis contribute to the final
data
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Data analysis
Insights
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Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
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information in the required format
(PDF)
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Reprocessed Medical Devices Market
Japan, China & Southeast Asian Countries dominating Asia-Pacific’s Reprocessed Medical Devices
Market
Future Market Insights’ recent report on the reprocessed medical devices market in Asia-Pacific region
projects that in 2017 and beyond, Japan, China and Southeast Asia will collectively account for more than
60% share of overall market revenues. The report estimates that reprocessed medical devices market in
Asia-Pacific is presently valued at US$ 236.9 Mn. In a ten-year forecast period, the market is being
projected to expand at 15.7% CAGR and bring in a little over US$ 1 Bn by the end of 2027.
In the report, titled “Reprocessed Medical Devices Market: Asia-Pacific Industry Analysis and
Opportunity Assessment, 2017-2027,” Future Market Insights has compiled several factors that are
impacting the dynamics of Asia-Pacific’s reprocessed medical devices market. Rising focus of government
authorities towards dumping of medical waste or biowaste is slated to promote the reprocessing of
medical devices. Manufacturers of medical devices are continuously striving to control their product costs
for recording greater sales. Reprocessed medical devices, thus, become the most feasible option for both,
manufacturers and end-users (hospitals). Availability of reprocessed medical devices at low prices,
coupled with assurance of qualitative production, has also prompted the market’s growth to a
considerable extent.
Cardiology Devices Getting Reprocessed at Higher Rate
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Reprocessed Medical Devices Market
The report reveals that in 2016, more than US$ 100 Mn worth of reprocessed medical devices turned out
to be used in the field of cardiology. Demand for reprocessed cardiology devices is expected to continue
surging in the years to come, registering the highest revenue CAGR of 18.4%. Reprocessing will also gain
traction among laparoscopic tools & devices, revenues from which are predicted to reach US$ 111 Mn by
2027-end. Meanwhile, orthopaedic or arthroscopic devices, gastroenterology devices, ENT devices and
other such medical devices will be showcasing a comparatively steady growth in terms of revenues.
Key highlights from the research findings are as follows:
 By the end of 2027, one of every two reprocessed medical devices sold in Asia-Pacific will be classified
under semi-critical medical devices. This indicates that demand for reprocessing is higher for semicritical medical devices, as opposed to critical or non-critical medical devices.
 The most prominent method of reprocessing medical devices, observed across Asia-Pacific, is likely to
be third-party reprocessing. Third parties assisting drugmakers in reprocessing businesses is serving as
a consolidator for Asia-Pacific’s reprocessed medical devices market.
 The report has identified hospitals as the largest end-user of reprocessed medical devices in AsiaPacific. Similarly, diagnostic centres and ASCs will also contribute significantly, by exhibiting revenues
growth at more than 11% CAGR.
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Reprocessed Medical Devices Market
Furthermore, the report has profiled leading reprocessed medical device manufacturers partaking in the
Asia-Pacific region. Companies such as Stryker Sustainability, Medline ReNewal, Hygia Health Services,
Inc., CLEANPART HEALTHCARE, ReNu Medical, Inc., SureTek Medical, and NEScientific.
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Table of Content
Table Of Content
1. Executive Summary
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. U.S. Reprocessed Medical Devices Market Overview
3.1. Market Value Analysis and Forecast, 2012–2027
3.2. Y-o-Y Growth Projections 2017-2027
3.3. Value Chain Analysis
4. Market Dynamics
4.1. Macro-economic Factors
4.2. Drivers
4.2.1. Supply Side
4.2.2. Demand Side
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Table of Content
4.3. Restraints
4.4. Opportunity
4.5. Forecast Factors – Relevance and Impact
4.6. Regulatory Scenario
4.7. Porter’s Five Force Analysis
4.8. Health expenditure by Country
5. Asia-Pacific Reprocessed Medical Devices Analysis and Forecasts, By Devices
5.1. Introduction
5.2. Basis Point Share (BPS) Analysis By Devices Type
5.3. Y-o-Y Growth Projections By Devices Type
5.4. Market Value Forecast By Devices, 2017–2027
5.4.1. Gastroenterology Devices
5.4.2. Cardiology Devices
5.4.3. Laparoscopy Devices
5.4.4. Orthopedic/ Arthroscopic Devices
5.4.5. ENT Devices
5.4.6.
Others
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Market Insights, All Rights Reserved
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Table of Content
5.5. Market Attractiveness By Devices
6. Asia-Pacific Reprocessed Medical Devices Analysis and Forecasts, By Classification
6.1. Introduction
6.2. Basis Point Share (BPS) Analysis By Classification
6.3. Y-o-Y Growth Projections By Classification
6.4. Market Value Forecast By Classification, 2017–2027
6.4.1. Critical
6.4.2. Semi-critical
6.5. Market Attractiveness By Classification
7. Asia-Pacific Reprocessed Medical Devices Analysis and Forecasts, By Reprocessing Methods
7.1. Introduction
7.2. Basis Point Share (BPS) Analysis By Reprocessing Methods
7.3. Y-o-Y Growth Projections By Reprocessing Methods
7.4. Market Value Forecast By Reprocessing Methods, 2017–2027
7.4.1. In-house
7.4.2. Third Party Assisted
7.4.3. Non-compliant Reprocessors
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Table of Content
7.5. Market Attractiveness By Reprocessing Methods
8. Asia-Pacific Reprocessed Medical Devices Analysis and Forecasts, By End User
8.1. Introduction
8.2. Basis Point Share (BPS) Analysis By End User
8.3. Y-o-Y Growth Projections By End User
8.4. Market Value Forecast By End User, 2017–2027
8.4.1. Hospitals
8.4.2. Diagnostic Centers
8.4.3. Ambulatory Surgical Centers
8.5. Market Attractiveness By End User
9. Asia Pacific Reprocessed Medical Devices Market – Trends
10. Australia Reprocessed Medical Devices Analysis and Forecast
10.1.Introduction
10.1.1. Basis Point Share (BPS) Analysis By Device
10.1.2. Y-o-Y Growth Projections By Device
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Table of Content
10.2.Market Value Forecast By Devices, 2017–2027
10.2.1. Gastroenterology Devices
10.2.2. Cardiology Devices
10.2.3. Laparoscopy Devices
10.2.4. Orthopedic/ Arthroscopic Devices
10.2.5. ENT Devices
10.2.6. Others
10.3.Market Value Forecast By Classification, 2017–2027
10.3.1. Critical
10.3.2. Semi-critical
10.3.3. Non-critical
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