The Middle East & Africa single-use medical devices reprocessing market has been estimated to register a CAGR of 5.5% during the forecast period of 2018–2023. Single-use device (SUD) reprocessing includes cleaning, disinfection, and sterilization. It helps hospitals to maintain patient care quality, while saving substantial amounts of money. Low-barriers to entry and rising adoption of SUDs by hospitals is expected to help dominate this market in the Gulf countries (GCC region).
Rising Significance of Medical Waste Minimization
The rising significance of medical waste minimization through the reprocessing of single-use devices is the primary factor driving this market. According to an article published in 2015 in Zawya, Thomson Reuters, the reprocessing could cut nearly 150 tons of medical waste that GGC countries send to landfill every day. There is increased demand by hospitals for advanced methods of reprocessing medical equipment to reduce waste and cut equipment costs. According to EcoMENA, the United Arab Emirates generates an estimated 21.5 tons of medical waste, Saudi Arabia generates nearly 80 tons per day and Kuwait around 12 tons. Meile is among the recent companies to showcase its reprocessing products in Arab health exhibition. Thus, it is expected that the rising awareness among the hospital would help to grow the SUDs reprocessing market.
Other major factors responsible are the significance of cost saving in healthcare facilities and positive effects on environmental sustainability.
Lack of Regulatory Framework
The lack of regulatory framework in the Middle East & African countries hampers the growth of this market. These countries often suffer from the lack of political priority to these issues surrounding the reuse of medical products. It has been observed that Saudi Arabia is in the process of implementing regulatory policy but prohibits the use the re-use of the single-use products. Thus, the above factors impede the growth of reprocessed SUDs market in this region. Another factor impeding this market is the preconceived notion regarding the quality of the devices.
GCC Countries to Dominate the Market
The GCC countries are expected to dominate the market share in this region. The re-use of the SUDs is common throughout the Arab countries, particularly for cardiac catheters. There is a rising demand for class I devices in the GCC countries and companies are increasingly shifting toward the use of reprocessed single-use devices, despite very little evidence of regulatory frameworks.
The major players include Centurion Medical Products, Hygia, Johnson & Johnson, Medline Industries, Inc., NEScientific, Inc., ReNu Medical, Stryker, and VanGaurd AG, among others.
Reasons to Purchase the Report
- Follow the current and future of the Middle East & Africa single-use medical devices reprocessing market in the developed and emerging markets.
- Examining the various perspectives of the market with the help of Porter’s Five Forces Analysis
- Identify the segment that is expected to dominate the market.
- Identify the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares, and strategies employed by the major market players.
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1.1 Market Definition
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Products and Services
5.2.5 Competitive Rivalry within the Industry
6. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
6.1.1 Rising Significance of Medical Waste Minimization
6.1.2 Reprocessing Single-use Devices Results in Environment Sustainability
6.1.3 Healthcare Facilities Achieve Significant Cost Saving through Reprocessing Single-use Devices
6.2.1 Lack of Regulatory Framework
6.2.2 Preconceived Notion Regarding the Quality of Reprocessed Single-use Medical Devices (SUDs)
6.4 Key Challenges
7. Market Segmentation
7.1 By Devices Type
7.1.1 Class I Devices
188.8.131.52 Sequential Compression Sleeves
184.108.40.206 Tourniquet Cuffs
220.127.116.11 Pulse Oximeter Sensors
7.1.2 Class II Devices
18.104.22.168 Cautery Electrodes
22.214.171.124 Laparoscopic Graspers
126.96.36.199 Orthopedic Blades
188.8.131.52 Drill Bits
184.108.40.206 External Fixation Clamps
220.127.116.11 Electrophysiological Cardiac Catheters
7.2 By Geography
7.2.2 South Africa
7.2.3 Rest of Middle East & Africa
8. Competitive Landscape
8.1 Mergers & Acquisition Analysis
8.2 Agreements, Collaborations, and Partnerships
8.3 New Products Launches
9. Key Players
9.1 Centurion Medical Products
9.3 Johnson & Johnson
9.4 Medline Industries, Inc.
9.5 NEScientific, Inc.
9.6 ReNu Medical
9.8 VanGaurd AG
*List not Exhaustive
10. Future of the Market