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Medical Device Reprocessing Market 2027: Smart Technologies Are Changing Healthcare Industry with Top Leading players 3M, Humphrey Products Corporation, Medi-Q Group, Medline Industries, ReNu Medical, Sterilmed, SteriPro, Stryker, SureTek Medical

Press release   •   Feb 04, 2019 20:18 IST

Medical Device Reprocessing Market

Medical device reprocessing is an important aspect in the supply chain, which helps in the cost reduction strategies in hospitals. Reprocessing of medical devices helps healthcare providers to maintain patient care efficiently as well as save considerable amount of money. In recent days, the technique of reprocessing is been adopted widely in hospitals and surgical centers in major economies. Benefits such as, cost efficiency and reduction in the generation of medical wastes is anticipated to fuel the demand for the market during the forecast period. In addition, the rising emphasis on regulatory measures to ensure patient's safety is expected to offer considerable growth opportunities in the medical device reprocessing market in the coming years.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global medical device reprocessing market based on type and device. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical device reprocessing market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

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The global medical device reprocessing market is segmented on the basis of type and device. Based type, the market is segmented as, standalone and portable. Whereas, on the basis of device, the market is categorized as, cardiovascular devices, general surgery devices, gastroenterology devices, laparoscopic devices, orthopedic devices, and other devices.

Key Benefits-

  • To track and analyze competitive developments, such as product launches, agreements, partnerships, collaborations, and acquisitions in the global Medical Device Reprocessing market.
  • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

The List of Companies

1. 3M
2. Humphrey Products Corporation
3. Medi-Q Group
4. Medline Industries, Inc.
5. ReNu Medical
6. Sterilmed, Inc.
7. SteriPro
8. Stryker
9. SureTek Medical
10. VANGUARD AG

The research report evaluates the Medical Device Reprocessing Market in an all-inclusive manner by explaining the prime characteristics of the market that is likely to have a quantifiable influence on its progressive scenarios over the forecast period.

North America is expected to contribute to the largest share in the medical device reprocessing market in the coming years, owing to the presence of better healthcare facilities and increasing number of surgical procedures in the US and Canada. The region of Asia Pacific is expected to offer sustainable growth opportunities in the market during the forecast period, due to the presence of regulatory policies for patient safety as well as cost efficiency.

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