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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.<br><br>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.
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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 solutionfor our client. Research Capabilities Sector Coverage Customized Research Syndicated Research Investment Research Social Media Research 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 Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights # 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 semi- critical 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 Asia- Pacific. 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 ©2015 Future Market Insights, All Rights Reserved 5.4.6. Others 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: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com 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: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You ©2015 Future Market Insights, All Rights Reserved 12