Global Reprocessed Medical Devices Market – Industry Analysis and Forecast (2018 – 2024)
Reprocessed Medical Devices Market will reach up to USD 1.64 Billion is expected to grow at CAGR of around 15.6% by 2024.
Medical device reprocessing is the disinfection, cleaning, remanufacturing, testinlabelinging and labeling, and sterilization of medical devices and reuse them. But cleaning of medical devices should follow certain standards so that it can be used without any risk associated with reuse of medical devices. Increasing geriatric population, changing lifestyle leads to an increase in chronic disease that demands more surgeries. Use of reprocessed medical devices in surgeries will reduce the cost as well as medical waste. These cost savings can be used in research for the better purpose. The aforementioned factors will fuel the reprocessed medical devices.
North America will dominate the Reprocessed Medical Devices Market with maximum share in reprocessed devices followed by Europe. Maximum share in the North America region is due to increasing chronic diseases, technological advancement in the healthcare industry, certain standards followed in cleaning, disinfecting medical devices as per FDA reprocessing guidelines.
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Asia Pacific region is anticipated as the fastest growing Reprocessed Medical Devices Market as a result of continued growth in the advancement of technology in the healthcare industry and increasing private hospitals. Hospitals, ambulatory surgical centers, Specialty Clinics are major users of reprocessed devices.
Cardiovascular Devices like Blood Pressure Cuffs, Electrophysiology Cables, Pulse Oximeter Sensors; Laparoscopic Devices; general surgery devices like Reamers, Scissor Tips, Suture Passers are reprocessed and used in surgeries to reduce cost and medical waste. Also use of reprocessed devices with adequate cleaning, disinfecting is not risky and is harmless.
Increasing pressure of reducing medical waste and using of medical devices economically will fuel the Reprocessed Medical Devices Market. Increase in the number of surgeries will demand reprocessed devices.
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Market Segmentation
Global Reprocessed Medical Devices Market, By Product:
• Cardiovascular
o Blood Pressure Cuffs
o Positioning Devices
o Cardiac Stabilization Devices
o Diagnostic Electrophysiology Catheters
o Electrophysiology Cables
o Deep Vein Thrombosis Compression Sleeves
• Laparoscopic
o Harmonic Scalpels
o Endoscopic Trocars
• Gastroenterology
o Biopsy Forceps
o Others
• General Surgery Devices
o Balloon Inflation Devices
o Pressure Bags
• Orthopedic Devices
Global Reprocessed Medical Devices Market, By End Use:
• Home Healthcare
• Hospitals
• Others
Global Reprocessed Medical Devices Market, By Application:
• Cardiology
• Gastroenterology
• Arthroscopy
• Orthopedic
• Anesthesia
• Other
Key Players analyzed in the Report:
• VANGUARD AG
• Stryker Sustainability Solutions
• Philips Healthcare
• Medisiss
• Sterilmed
• Hygia Health Services Inc.
• Centurion Medical Products Corporation
• Agito Medical A/S
• EverX Pvt Ltd
• Soma Technology, Inc.
• Siemens Healthcare
• Block Imaging International
• DRE
• Radiology Oncology Systems
• GE Healthcare
• Suretek Medical
• Integrity Medical Systems
• ReNu
• Midwest Reprocessing Center
The above data will be provided for following regions/countries from 2013-2024 (USD Million)
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Italy
• Asia Pacific
o China
o India
o Japan
o Australia
• Latin America
o Argentina
o Brazil
o Mexico
• Middle East and Africa
o South Africa
o Saudi Arabia
MAJOR TOC OF THE REPORT
Chapter One: Reprocessed Medical Devices Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Reprocessed Medical Devices Market Competition, by Players
Chapter Four: Global Reprocessed Medical Devices Market Size by Regions
Chapter Five: North America Reprocessed Medical Devices Revenue by Countries
Chapter Six: Europe Reprocessed Medical Devices Revenue by Countries
Chapter Seven: Asia-Pacific Reprocessed Medical Devices Revenue by Countries
Chapter Eight: South America Reprocessed Medical Devices Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Reprocessed Medical Devices by Countries
Chapter Ten: Global Reprocessed Medical Devices Market Segment by Type
Chapter Eleven: Global Reprocessed Medical Devices Market Segment by Application
Chapter Twelve: Global Reprocessed Medical Devices Market Size Forecast (2019-2026)
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