REPROCESSING AND REUSE OF SINGLE USE MEDICAL DEVICES MARKET ANALYSIS

Reprocessing and Reuse of Single Use Medical Devices Market, by Product Type (Class I (Tourniquet Cuffs, Pulse Oximeters Sensors, Sequential Compression Sleeves, and Others), and Class II (Endoscope, Diagnostic Ultrasound Catheter, Laparoscope, Trocar, and Others)), by Application (Cardiology, Gastroenterology, Orthopedic, General Surgery, and Others), by End User (Hospitals/Clinics, Ambulatory Surgical Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published In : Feb 2022
Code : CMI4900
Pages :215
Formats :
Excel and PDF
Industry : Medical Devices

Market Challenges And Opportunities

Restraints & Challenges:

Concerns about the risk of infection and injury associated with the reuse of single use medical devices

Global Reprocessing and Reuse of Single Use Medical Devices Market – Restraints

Concerns about the risk of infection and injury associated with the reuse of single use medical devices are expected to hinder the marker growth over the forecast period. Following are the risks associated with the reuse of single use medical devices (SUDs).

There are increasing concerns about the risk of hospital-acquired infections (HAI) associated with the reuse of SUDs
Using the reprocessed devices involves significant risk of cross-infection due to inadequate reprocessing of medical devices with complex designs
The infections or mechanical breakdown of reuse SUDs could lead to serious health consequences or death of the patient

Growth Drivers:

Increasing focus on reducing medical waste
Cost savings associated with reprocessing single use medical devices

Cost Savings Associated with Reprocessing Single Use Medical Devices

Minimally invasive technology based on single use devices (SUDs) is largely being used in modern medicine. Many SUDs used to perform surgical procedures are expensive to purchase and store, and typically require large inventories than multiple-use devices. Thus, reprocessing and reuse of SUDs become common in many health care facilities in order to reduce the cost. According to the Association of Medical Device Reprocessors (AMDR), the savings of hospitals and the surgical center partners due to third party reprocessing of SUD has increased from US$ 20 million in 1999 to US$ 471 million by 2018, in the U.S, Canada, and Europe.