Global Medical Device Reprocessing Market to Grow at a CAGR of 15% (2017-2025)

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.

Browse Full Report:
https://www.goldsteinresearch.com/report/medical-device-reprocessing-market

Market Segmentation
On the basis of our in-depth analysis, Global Medical Device Reprocessing Market can be segmented as follows:

By Device Type
• Cardiovascular Devices
• Laparoscopic Devices
• Gastroenterology Devices
• General Surgery Devices
• Orthopedic Devices
• Others (Ultrasound catheters, saw blade, etc)

By Product Type
• Portable
• Standalone

By End User
• Hospitals
• Homecare Settings
• Specialty Centers
• Medical Laboratories

By Region
• 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.

Download Exclusive Sample Report:
https://www.goldsteinresearch.com/request-sample/medical-device-reprocessing-market

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.

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of Global and regional variations along with competitors’ overview. Our analysts working on reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: +1-437-886-1181
UK: +44-203-318-6627
sales@goldsteinresearch.com
www.goldsteinresearch.com

This release was published on openPR.