Single-Use Medical Device Reprocessing Market Global Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026
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The concept of sterilising, repackaging, testing, and manufacturing a used product is known as single-use medical device reprocessing. The term "single-use device" has no clear definition and is entirely based on end-user perception. Single-use device reprocessing is acceptable if the device is properly sterilised while retaining its physical and technological functionality. There are two methods for reprocessing single-use medical devices: third-party processing and in-hospital processing. Third-party processing is thought to be a better option because regulatory authorities can impose strict regulations for validation and quality assurance.
Growing recycling and reusability demands due to factors such as rising public awareness and campaigns from various non-governmental organisations (NGO) working in favour of reducing medical waste and increasing recycling measures will also drive the growth of the single-use medical device reprocessing market during the forecast period. Whereas concerns such as potential material alteration during reprocessing and cross infection with reprocessed devices, as well as a general perception among healthcare providers about the quality of reprocessed single use medical devices, will impede the growth of the studied market.
A lack of regulatory standards in Asia Pacific, Europe, and South America is a barrier to the growth of the single-use medical device reprocessing market. The European Union has not mandated reprocessing guidelines. Individual countries such as Spain, England, and France oppose reprocessing. In Asia Pacific, the reuse of single-use medical devices is common, but there are no regulations in place. There are no government regulations governing single-use medical device reprocessing in countries such as India, Japan, and South Korea.
The key players in the single-use medical device reprocessing market are Stryker Corporation, Medline ReNewal, Centurion Medical Products Corporation, Midwest Reprocessing Center, SterilMed Inc., Vanguard AG and Hygia Health Services Inc, among others.
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