According to Goldstein Research, global medical device reprocessing market is expected to reach USD 5.12 billion by 2025, growing at a CAGR of 15% over the forecast period 2017-2025. Reprocessing is a regulated activity for re-manufacturing of medical devices as per same standards as originally manufactured single-use devices, which are conducted by third party or hospitals. Nearly 45% of hospitals had made agreements with third-party reprocessing companies which increased to 70% in 2008 after the U.S. economic recession. The mounting growth in the medical device reprocessing market has led to propelling demand in the reprocessed medical devices market. Further global medical device market has reached a market size of USD 380.0 billion in 2016 which is growing at a CAGR of 4.3% during the forecast period, is certainly inducing the growth of medical device reprocessing market.
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On the basis of our in-depth analysis, Global Medical Device Reprocessing Market can be segmented as follows:
By Device Type
General Surgery Devices
Others (Ultrasound catheters, saw blade, etc)
By Product Type
By End User
North America Medical Device Reprocessing Market Analysis, 2017-2025
Europe Medical Device Reprocessing Market Analysis, 2017-2025
Middle East And Africa Medical Device Reprocessing Market Analysis, 2017-2025
Latin America Medical Device Reprocessing Market Analysis, 2017-2025
Asia Pacific Medical Device Reprocessing Market Analysis, 2017-2025
“Global Medical Device Reprocessing Market Outlook 2025” includes a comprehensive overview of the global medical device reprocessing market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by device type, product type, end-user, and geography.
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The Global Medical Device Reprocessing Market Report highlights the competitive outlook of major global players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The comprehensive analysis of medical device reprocessing market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.
Global Medical Device Reprocessing Market report encompasses the following key players:
Centurion Medical Products Corporation, Hygia Health Services, Inc., Medline ReNewal, MidWest Reprocessing Center, ReNu Medical, Inc., Ethicon, Inc. (Johnson & Johnson), Stryker Sustainability Solutions, Inc., SureTek Medical and Vanguard AG.
Further, Global Medical Device Reprocessing Market Report encompasses the key factors driving the growth of the market, opportunities in the market and the factors posing threats & challenges to the market. The medical device reprocessing Market Outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.
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