Reprocessing and Reuse of Single Use Medical Devices Market

Reprocessing and Reuse of Single-Use Medical Devices Market Size (2023 to 2028) 

The worldwide reprocessing and reuse of single-use medical devices market was valued at USD 760.8 million in 2023 and is anticipated to reach nearly USD 1640.1 million by 2028, with a rise in CAGR of 12.98% from 2023 to 2028.   

MARKET DRIVERS: 

The growing focus on reducing medical waste is one of the major factors propelling the growth of the reprocessing and reuse of single-use medical devices market. To reduce medical waste, healthcare facilities have been increasingly focusing on implementing various approaches, including minimizing the use of materials, reuse of instruments and reprocessing and reuse of single-use medical devices. In 2022, approximately 19 million pounds of medical waste were reduced due to reprocessed single-use medical devices.  

The cost-effectiveness and environmental sustainability further contribute to the market growth. These devices significantly reduce healthcare costs. Medical devices can be expensive and reprocessing such devices allows the healthcare sector to be financially stable while maintaining a high standard of care. Reusing such devices saves costs associated with purchasing new devices and this helps the healthcare system to optimize resource allocation. Reprocessing and reusing these devices can reduce medical waste, further benefiting the environment and community.  

The growing regulatory pressure to reduce the volume of medical waste propels the market growth. Regulatory policies in various countries implement stricter environmental regulations to reduce the impact of healthcare-related waste on the environment. Many healthcare facilities have set targets to reduce the volume of medical waste they generate. Reprocessing single-use medical devices aligns with waste reduction and helps healthcare organizations to meet their sustainability objective. 

Factors such as cost-saving through reprocessing of single-use medical devices, rising burden of chronic diseases, growing geriatric population, launch of new activities, adoption of key strategies including merger and acquisition, and increasing product approval further fuel the growth rate of the reprocessing and reuse of single-use medical devices market.

MARKET RESTRAINTS: 

Reprocessing and reuse of single-use medical devices are emerging in demand in the market. Still, concerns about the risk of infection and injury associated with the reuse of single-use medical devices are major obstacles hindering the market growth. The repeated usage of reprocessed devices involve a significant risk of arising cross-infection due to inadequate reprocessing of medical devices with complex design; the mechanical breakdown of reuse of single-used devices could lead to serious health consequences and also causes the death of the patient. Also the reprocessing can involve multiple cycles of cleaning, sterilization which may impact the structural integrity and functionality of devices, this concern leading to potential treatment complication, hence this factor majorly hampering the overall growth of the market.  

Report coverage: 

This research report on the global reprocessing and reuse of single-use medical devices market has been segmented and sub-segmented based on the following categories. 

Reprocessing and Reuse of Single-Use Medical Devices Market – By Product Type: 

• Class I  
  • Tourniquet Cuffs 
  • Pulse Oximeters Sensors 
  • Sequential Compression Sleeves 
• Class II  
  • Endoscope 
  • Diagnostic Ultrasound Catheter 
  • Laparoscope 
  • Trocar 

Based on product type, the class II segment is expected to dominate the global market during the forecast period. The advancements in reprocessing technologies and the potential for significant cost savings in more complex devices primarily drive the growth of the Class II segment in the global market. The development of advanced reprocessing methods ensuring safety and efficacy, economic pressures in healthcare systems driving adoption of reprocessing and rising awareness of environmental impact and waste reduction further fuel the growth rate of the Class II segment in the worldwide market.  

The class I segment is expected to hold a considerable global market share during the forecast period. The regulatory support for reprocessing fewer complex devices, rising emphasis on sustainable healthcare practices and increasing demand for cost-effective solutions in healthcare settings contributes to the growth of the Class I segment in the global market. 

Reprocessing and Reuse of Single-Use Medical Devices Market – By Application: 

• Cardiology 
• Gastroenterology 
• Orthopedic 
• General Surgery 

Based on application, the cardiology segment is expected to hold the largest global market share during the forecast period. The growing prevalence of cardiovascular diseases results in an increasing number of surgeries that often involve the use of expensive single-use devices such as guide wires and catheters. Reprocessing such devices can result in significant cost-saving for healthcare facilities and enable them to allocate resources more effectively. Reprocessing of cardiology devices offers broader sustainability to healthcare facilities by reducing the volume of medical waste generated from single-use devices. Factors such as high usage rates, cost-intensive nature, and advancements in reprocessing technologies primarily drive the growth of the cardiology segment in the global market. High demand for cardiac interventions and procedures, potential for substantial cost reduction in cardiology device reprocessing and rapid adoption of validated reprocessing methods and quality assurance protocols are further propelling the segmental growth. 

The orthopedic segment is also expected to hold a substantial share of the global market during the forecast period. The rising prevalence of orthopedic diseases needs appropriate orthopedic surgeries. In 2022, globally, 22.6 million orthopedic surgeries were performed. The complexity of orthopedic procedures, rising healthcare costs and the need for sustainable practices making reprocessing an attractive option fuel the growth rate of the orthopedic segment. The growing number of orthopedic surgeries and implant procedures, the potential for significant cost savings in reprocessing orthopedic devices and technological advancements ensuring proper sterilization and safety further drive the growth of the orthopedic segment.  

Reprocessing and Reuse of Single-Use Medical Devices Market – By End-User: 

• Hospitals/Clinics 
• Ambulatory Surgical Centers 
• Others 

Based on end-users, the hospital segment is expected to occupy the major share of the global market during the forecast period. The increasing geriatric population, the rising prevalence of cardiovascular disease, and orthopedic diseases need effective treatment; hence more patients opt for surgeries and the increasing number of surgeries need efficient medical devices drive the growth of the hospital segment in the global market.  

The ambulatory surgical centers segment is predicted to account for a notable share of the worldwide market during the forecast period owing to the rising demand for surgeries and growing prevalence of certain disorders. 

Reprocessing and Reuse of Single-Use Medical Devices Market – By Region: 

• North America 
• Europe 
• Asia-Pacific 
• Latin America 
• Middle East and Africa 

The North America region is anticipated to account for the largest share of the global market during the forecast period. The presence of well-developed healthcare facilities such as hospitals and homecare facilities that adopt the reprocessing and reuse of single-use medical devices is one of the key factors driving the growth of the North American market. The growing prevalence of cardiovascular diseases and related surgical procedures fuels the demand for reprocessing devices and drives the North American market growth. Approximately 45.5% of the population of the North American region suffers from CVDs. The growing number of product launches and the growing demand for reprocessed medical devices further drive the North American market growth. The U.S. is anticipated to hold the largest share of the North American market during the forecast period.  

Europe is a prominent regional market for reprocessing and reusing single-use medical devices. It is expected to account for a substantial global market share during the forecast period. The European region shows a strong emphasis on environmental sustainability and reducing medical waste, The European countries establish regulations and guidelines for the reprocessing of medical devices, and these regulations provide a framework to support safe and effective reprocessing of devices. The growing healthcare expenditure led to advances in reprocessing technologies to improve the ability to clean and sterilize the functionality of reprocessed devices, making them more viable and reliable is propelling the market growth in this region. Stricter hospital budgets pushing for cost-saving measures, rising emphasis on circular economy and reduction of medical waste, rapid adoption of reprocessed devices to address medical equipment shortages and increasing number of collaborations between hospitals and reprocessing service providers further boost the growth rate of the European market. 

APAC region is also expected to grow at the fastest CAGR during the forecast period. A rapidly growing population and aging growing in APAC countries accelerate the demand for healthcare services, which is one of the major factors driving the APAC market growth. The growing number of improvements in the healthcare infrastructure, increasing number of surgical procedures, government initiatives for healthcare cost containment, rising focus on green healthcare and sustainable practices, growing medical tourism and increasing adoption of reprocessed devices to bridge medical equipment shortages further propel the growth of the APAC market.  

Latin America and the Middle East and Africa are also expected to show lucrative growth and grow at a significant CAGR during the forecast period. 

KEY MARKET PLAYERS: 

Stryker Corporation, Medline Industries, Inc., Suretek Medical, Renu Medical Inc., Johnson & Johnson, Northeast Scientific Inc., Medtronic Plc, Steripro Canada, Vanguard AG, Innovative Health, Verathon Inc., and Hogy Medical Co., Ltd. are some of the prominent companies in the reprocessing and reuse of single-use medical devices market. 

RECENT DEVELOPMENTS IN THE MARKET: 

• In January 2022, the INTELLAMAP ORION High-resolution Mapping Catheter from Boston Scientific may now be reprocessed by Innovative Health LLC. The catheter is frequently used in atrial fibrillation catheter ablation operations. 
• In June 2022, the Association of Medical Device Reprocessors introduced "Global Regulatory Standards for 'Single-Use' Medical Device Reprocessing and Remanufacturing," the first road map to assist Notified Bodies, Ministries of Health, and regulatory authorities of medical devices to unlock these advantages for hospitals and health systems globally.