Market Research Report Search Engine Added "Reprocessed Medical Devices Market (Type of Devices: Cardiovascular, General Surgery, Laparoscopic, Orthopedic and Gastroenterology Devices) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" to its database.

1. Reprocessed Medical Devices Market Outlook, Competitive
analysis, Worldwide Strategy and Forecasts By 2020
Report Description
Reprocessing has always been an important part of the
medical device life cycle, in both developed and emerging
nations across the world. Reprocessing of medical devices is a

2. method of cleaning, disinfecting, testing, remanufacturing,
sterilizing and packaging as well as labeling of a used,
expired and undamaged medical device to make it patient
ready at a much-reduced cost. It has been observed that
reprocessing of medical devices in emerging nations is solely
aimed at reducing hospital supply costs, which often
compromises with the safety of patients. Various research
publications related to the medical devices market suggest
that until a decade back, medical device reprocessing was
mostly performed by hospital staff within a hospital setting,
and without any proper regulations and guidelines. However,
with the introduction of FDA reprocessing guidelines, medical
device reprocessing is being adopted gradually across the
globe. Hence, at present, most hospitals and healthcare

3. facilities outsource medical device reprocessing to qualified
third party service providers.
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Primary factors driving the growth of the reprocessed medical
devices market are high cost savings from reprocessed devices
and growing pressure to reduce medical waste combined with
increasing adoption rate of these devices. According to the
Association of Medical Device Reprocessors (AMDR), a typical
hospital could save approximately USD 500,000 to USD 2
million a year by using reprocessed medical devices.
Furthermore, increasing pressure to reduce expenditures

4. among healthcare facilities is likely to fuel the growth of the
overall market. However, low awareness and negative
perception about the product quality might impede the
growth of the overall reprocessed medical devices market.
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The reprocessed medical devices market has been primarily
segmented based on the type of devices that are most
commonly reprocessed. Based on types of devices, the market
has been segmented into cardiovascular devices, general
surgery devices, laparoscopic devices, orthopedic devices and
gastroenterology devices. Cardiovascular devices have been

5. further categorized into blood pressure cuffs/tourniquet cuffs,
cardiac stabilization devices, Deep Vein Thrombosis (DVT)
compression sleeves, diagnostic electrophysiology catheters
and EP cables. General surgery devices have been segmented
into balloon inflation devices and infusion pressure bags.
Laparoscopic devices have been further classified into
endoscopic trocars and components as well as harmonic
scalpels. Likewise, external fixation devices have been
considered under orthopedic devices and biopsy forceps under
gastroenterology devices. The cardiovascular medical devices
segment is expected to witness the highest growth rate during
the forecast period. This growth can be attributed to the
reduced pricing of the products, high usage and growing
pressure to reduce healthcare expenditure among hospital

6. authorities. Additionally, increased focus on protecting the
environment by reducing medical waste being dumped in
landfills is significantly contributing to the growth of the
segment.
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North America is the largest market for reprocessed medical
devices due to increasing adoption rate and encouraging
regulatory policies. Moreover, reduced pricing and improved
quality of reprocessed medical devices are some of the
additional factors driving the growth of the market. However,
negative perceptions about the safety of such equipment and

7. relatively lesser collection of medical devices for reprocessing
are some of the factors that might impede the growth of the
market. Europe is expected to show an appreciable growth
rate due to multiple factors such as growing demand for
reprocessed medical devices and awareness about the
potential savings in healthcare costs. Moreover, rising
pressure to keep healthcare budgets under control is expected
to fuel the growth of the reprocessed medical devices market
in the region.
Centurion Medical Products Corporation, Hygia Health
Services, Inc., Medline ReNewal, MidWest Reprocessing
Center, ReNu Medical, Inc., SterilMed, Inc., Stryker
Sustainability Solutions, Inc., SureTek Medical and Vanguard

8. AG are major companies operating in the reprocessed medical
devices market.
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