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Reprocessed medical devices are products that undergo reprocessing procedures and are used again. Reprocessing is a validated process used for a medical device that has been either used or is contaminated.  Reprocessing of medical devices involves cleaning, disinfection, and sterilization.

Asia Pacific reprocessed medical devices market is estimated to be valued at US$ 376.2 million in 2021 and is expected to exhibit a CAGR of 15.3 % over the forecast period (2021-2028).

Recent Developments:

On May 31, 2021, PENTAX Medical (a division of HOYA Group) and Jiangsu Vedkang Medical Science and Technology Co., Ltd have established a joint venture- PENTAX Medical Therapeutics (Jiangsu) Co., Ltd. to develop single-use therapeutics products in the field of flexible medical endoscopy.

In October 2020, Olympus Corporation announced that it has launched the OERElite Automatic Endoscope Reprocessor (AER). It is designed to use AcecideC (a peracetic acid-based disinfectant) to clean and disinfect up to two endoscopes simultaneously in 28 minutes.

In April 2020, Cleanpart GmbH introduced a quality management system for medical devices according to DIN EN ISO 13485:2016.

Figure 1. Asia Pacific Reprocessed Medical Devices Market Value (US$ Mn), by Country, 2020

Asia Pacific Medical Devices  | Coherent Market Insights

Japan held dominant position in Asia Pacific reprocessed medical devices market in 2020, accounting for 30.5% share in terms of volume, followed by China and South East Asia, respectively. The growth of the market is driven by growing adoption, and high unmet medical needs are expected to boost the market growth in Japan.

Asia Pacific Reprocessed Medical Devices Market: Drivers

Increasing focus on reducing medical waste is expected to propel growth of Asia Pacific reprocessed medical devices market over the forecast period. For instance, according to the National Bureau of Statistics of China, Over 2 million tons of medical waste were produced in China in 2018.

Moreover, use of reprocessed medical devices leads to significant savings in the healthcare sector, which is expected to boost demand for such devices, thereby aiding in growth of the market. For instance, according to Association of Medical Device Reprocessors, reprocessing medical devices originally labeled for single use saved hospitals and surgery centers nearly US$ 500 million in 2018.

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Asia Pacific Reprocessed Medical Devices Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2021: US$ 376.2 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 15.3% 2028 Value Projection: US$ 1,235.5 Mn
Geographies covered:
  • Australia
  • New Zealand
  • China
  • India
  • South East Asia
  • Japan
  • Rest of Asia Pacific
Segments covered:
  • By Technique: Laparoscopic Devices, Gastroenterology, General Surgery, Orthopedic Devices, Cardiovascular Devices
Companies covered:

Stryker Sustainability Solutions, Inc., Medline ReNewal, Hygia Health Services, Inc., Cleanpart GmbH, ReNu Medical, Inc., SureTek Medical, and NEScientific

Growth Drivers:
  • Increasing focus on reducing medical waste 
  • Increasing use of reprocessed medical devices 
Restraints & Challenges:
  • Risk of cross contamination and hospital acquired infections 
  • Material alteration during exposure of device to extreme environment 

Asia Pacific Reprocessed Medical Devices Market: Opportunities

Reduced product pricing of reprocessed medical devices is expected to offer lucrative growth opportunities for players in the market. Consumers in economies such as India, China, Indonesia, and Malaysia are very price conscious. In these countries, reprocessed medical devices are sold at approximately half the price of a new device. Therefore, products with less price and appropriate regulatory approval would be adopted faster in the region.

Moreover, strengthening distribution network is also expected to aid in growth of the market. Increasing population and high unmet medical needs are expected to boost the market growth in Asia Pacific. Market players, therefore, need to focus on enhancing their distribution network to remain competitive in the market.

Market Trends:

Major medical device manufacturers are focused on investment in reprocessed medical devices. For instance, in April 2019, NEScientific Inc. and ReNu Medical, Inc. joined The Association of Medical Device Reprocessors. Similarly, in November 2018, Cardinal Health also joined the association.

Sterile processing is expected to aid in growth of the market. Investment in staffing for central sterile departments staff is expected to reduce medical waste in the healthcare sector. Central sterile professionals can maximize their single use device reprocessing leading to significant saving.

Figure 2. Asia Pacific Reprocessed Medical Devices Market Share, By Technique, 2020

Asia Pacific Medical Devices  | Coherent Market Insights

Key Takeaways of the Graph:

Cardiovascular Devices held dominant position by Technique in the market and accounted for 56.8% share in the Asia Pacific reprocessed medical devices market in 2020. The segment is expected to reach US$ 863.9 million in 2028. Growth of the segment is driven by higher adoption of cardiovascular devices, increasing prevalence of cardiovascular diseases, and aging population prone to cardiac diseases. For instance, as per National Crime Records Bureau (NRCB), India, deaths due to heart attacks has been increased by 53% in 5 years in
India from 2014 to 2019.

Asia Pacific Reprocessed Medical Devices Market: Restraints

Risk of cross contamination and hospital acquired infections is expected to hinder growth of Asia Pacific reprocessed medical devices market. Absence of stringent regulations for reprocessed medical devices in developing countries may result in increased cases of contamination and infections due to the use of these devices.

Moreover, material alteration during exposure of device to extreme environment is also expected to limit growth of the market. Exposure to certain chemical agents such as decontamination agents and chemical sterilants during reprocessing procedures can damage medical devices. Residues from contamination agent materials or chemicals, if absorbed, can create chemical burns or cause sensitization in patients.

Asia Pacific Reprocessed Medical Devices Market: Competitive Landscape

Major players operating in Asia Pacific reprocessed medical devices market include, Stryker Sustainability Solutions, Inc., Medline ReNewal, Hygia Health Services, Inc., Cleanpart GmbH, ReNu Medical, Inc., SureTek Medical, and NEScientific.

Asia Pacific Reprocessed Medical Devices Market: Key Developments

Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in 2018, Stryker Corporation acquired the U.S.-based Hygia Health Services Inc., a company focused into reprocessing patient care single-use devices.

Similarly, in 2018, the U.S.-based Arjo acquired ReNu Medical Inc, a company that specializes in green reprocessing for single use non-invasive medical devices.

Many hospitals, long involved in providing healthcare services for a wide range of patients, are now beginning to explore the idea of using medical devices that are developed from previously used or reprocessed medical devices. Such an approach is becoming increasingly important with the escalating amounts of waste, which is growing at an alarming rate. In response to this growing issue and to provide for an environment that is more supportive of healthcare services, several large hospitals, nursing care facilities, and other health care organizations have formed a coordinating committee to research and recommend methods of addressing the issue of disposing of medical devices that are no longer required for treatment or that are obsolete.

The primary driving force behind the push for greater focus on the process of reprocessing medical devices is a desire to reduce the amount of solid waste that is generated by hospitals. The additional concern about waste is compounded by the fact that solid wastes in some cases can pose a threat to the environment. These issues are currently being addressed by the efforts of the majority of these large hospitals to focus on the collection, handling, and reprocessing of all types of medical devices. In addition to efforts within the healthcare sector to implement improved waste management practices, there is also a significant amount of interest within the public and private sectors in acquiring these reusable medical devices and recycling them. As a result, many facilities and hospitals have already taken the initiative to implement programs that involve both reprocessing and reuse.

Market Dynamics:

Increasing focus on reducing emissions associated with medical device use is expected to propel growth of Asia Pacific reprocessed medical devices market. For instance, in January 2021, researchers from Fraunhofer Institute for Environmental, Safety, and Energy Technology UMSICHT, a division of Fraunhofer-Gesellschaft, reported that using a reprocessed medical catheter as an alternative to a newly-manufactured catheter led to 50.4% decline in the global warming impact.

Key features of the study:

  • This report provides in-depth analysis of Asia Pacific reprocessed medical devices market and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in Asia Pacific reprocessed medical devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Stryker Sustainability Solutions, Inc., Medline ReNewal, Hygia Health Services, Inc., Cleanpart GmbH, ReNu Medical, Inc., SureTek Medical, and NEScientific
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • Asia Pacific reprocessed medical devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing Asia Pacific reprocessed medical devices market

Detailed Segmentation:

  • Asia Pacific Reprocessed Medical Devices Market, By Techniques:
    • Laparoscopic Devices
    • Gastroenterology
    • General Surgery
    • Orthopedic Devices
    • Cardiovascular Devices
  • Asia Pacific Reprocessed Medical Devices Market, By Country:
    • Australia
    • New Zealand
    • China
    • India
    • South East Asia
    • Japan
    • Rest of Asia-Pacific
  • Company Profiles
    • Stryker Sustainability Solutions, Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
    • Medline ReNewal
    • Hygia Health Services, Inc.
    • Cleanpart GmbH
    • ReNu Medical, Inc.
    • SureTek Medical
    • NEScientific

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Technique
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Developments
    • Technological Advancement
    • Regulatory Scenario
  4. Asia Pacific Reprocessed Medical Devices Market, By Device Type, 2017 – 2028 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018–2028
      • Segment Trends
    • Laparoscopic Devices
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
      • Segment Trends
    • Gastroenterology
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
      • Segment Trends
    • General Surgery
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
      • Segment Trends
    • Orthopedic Devices
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
      • Segment Trends
    • Cardiovascular Devices
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
      • Segment Trends
  5. Asia Pacific Reprocessed Medical Devices Market, By Country, 2017 – 2028 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2021 and 2028 (%)
      • Y-o-Y Growth Analysis, 2018–2028
      • Segment Trends
        • Australia
        • New Zealand
        • China
        • India
        • South East Asia
        • Japan
        • Rest of Asia-Pacific
  6. Competitive Landscape
    • Company Profiles
      • Stryker Sustainability Solutions, Inc.
        • Company Overview
        • Device Type Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Medline ReNewal
        • Company Overview
        • Device Type Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Hygia Health Services, Inc.
        • Company Overview
        • Device Type Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • Cleanpart GmbH
        • Company Overview
        • Device Type Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • ReNu Medical, Inc.
        • Company Overview
        • Device Type Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • SureTek Medical
        • Company Overview
        • Device Type Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
      • NEScientific
        • Company Overview
        • Device Type Portfolio
        • Key Developments
        • Financial Performance
        • Strategies
  7. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 31 market data tables and 24 figures on “Reprocessed Medical Devices Market – Asia Pacific forecast to 2027.

FAQgrowicon

Frequently Asked Questions

Increasing focus on reducing medical waste and use of reprocessed medical devices are the factors boosting demand for processed medical devices in Asia Pacific.
Risk of cross contamination and hospital acquired infections and material alteration during exposure of device to extreme environment are key factors hampering the growth of the market.
Reduced product pricing of reprocessed medical devices and strengthening distribution network are key opportunities to growth of the market.
Japan held dominant position in the market in 2020.
The market is witnessing significant investment in reprocessed medical devices and sterile processing.
Major players operating in market include, Stryker Sustainability Solutions, Inc., Medline ReNewal, Hygia Health Services, Inc., Cleanpart GmbH, ReNu Medical, Inc., SureTek Medical, and NEScientific.
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