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
About
Future Market Insights
Future Market Insights (FMI) is a premier provider of syndicated research reports, custom
research reports, and consulting services. We deliver a complete packaged solution, which
combines current market intelligence, statistical anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive framework, and future market trends.
We provide research services at a global as well as regional level; key regions include GCC,
ASEAN, and BRIC.
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,
Technology, Healthcare, and Retail.
We have a global presence with delivery centers across India specializing in providing global
research reports and country research reports. FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning
from every corner of the world to distill it to one thing – the perfect solution for our client.
Research Capabilities




Customized
Research
Syndicated
Research
Investment
Research
Social Media
Research
Customized Research
Syndicated Research
Investment Research
Social Media Research
Sector Coverage




Automotive and Transportation
Electronics, Semiconductor, and ICT
Retail and Consumer Products
Industrial Automation and Equipment




Chemicals & Materials
Food and Beverages
Services and Utilities
Energy, Mining, Oil, and Gas
Subscription Information
For detailed subscription information please contact
Hari. T (Sr. Manager - Global Business Development)
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268
Email: [email protected]
©2015 Future Market Insights, All Rights Reserved
2
Research Methodology (1/2)
Systematic Research Approach
1
Market profiling
2
Formulating discussion guide
3
Developing list of respondents
4
In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
interviews
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
Data collection
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data validation
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
data
5
6
Data analysis
Insights
7
Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
(PDF)
Data
Collection




Research &
Intelligence
Data Filter
& Analysis
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Actionable
Insights
A
Primary
Research






B
SOLUTION





Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
Primary Research #




Linkedin
Zoominfo
Salesforce
Avention
Business
Solution
Desk
Research
C
Key industry experts
Channel study
Developments
Market dynamics
Products
Conclusions
Company
Analysis
Secondary Research #




Company websites
Company annual
reports
White papers
Financial reports
Paid Publications#




Factiva
GBI
Genios
Meltwater
# includes sources of databases
©2015 Future Market Insights, All Rights Reserved
3
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
Request For Report Sample: http://www.futuremarketinsights.com/reports/sample/rep-ap-3211
©2015 Future Market Insights, All Rights Reserved
4
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.
©2015 Future Market Insights, All Rights Reserved
5
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.
Click here to
Order a free sample
©2015 Future Market Insights, All Rights Reserved
6
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
©2015 Future Market Insights, All Rights Reserved
7
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
©2015
Future
Market Insights, All Rights Reserved
8
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
©2015 Future Market Insights, All Rights Reserved
9
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
©2015 Future Market Insights, All Rights Reserved
10
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
Click here to
Order a free sample
©2015 Future Market Insights, All Rights Reserved
11
To know more about us, please visit our website:
www.futuremarketinsights.com
For sales queries or new topics email us on:
[email protected]
For media queries, contact the press office at
[email protected]
For other queries contact:
Hari. T (Sr. Manager - Global Business Development)
Future Market Insights: 3rd Floor,
207 Regent Street, London W1B 3HH
T: +44 20 7692 8790 | D: +44 20 3287 4268
Email: [email protected]
Thank You
Future Market Insights Global & Consulting Private Limited (FMI)
©2015 Future Market Insights, All Rights Reserved
12