openPR Logo
Press release

Reprocessed Medical Devices Market Higher Growth Rate & Forecast 2018 – 2026 | Stryker Corporation, Johnson & Johnson, Vanguard AG), Medline ReNewal , SteriPro Canada, Pioneer Medical Devices AG, Vascular Solutions

05-25-2019 02:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Reprocessed Medical Devices

Reprocessed Medical Devices

Reprocessed medical devices are single-use medical devices, which are recycled by disinfection, cleaning, remanufacturing, testing, packaging and labeling, and sterilization and various other steps to make a used medical devices back in service again. All reprocessed devices are originally labeled as single- use medical devices and need to meet the requirements of the U.S. Food and Drug Administration such as, cleaning, sterility and functionality prior to use. Research publication related to medical devices market suggested that firstly medical devices reprocessing was mostly performed by hospital staffs within hospital setting without any proper guidelines.

Download The PDF Brochure: www.coherentmarketinsights.com/insight/request-pdf/234

Market Dynamics
Rise in incidence of cardiovascular disease due to increase in the prevalence of high blood pressure and diabetes worldwide is expected to favor the demand for reprocessed medical devices around the globe. As cardiovascular devices such as blood pressure cuffs, cardiac stabilization and positioning devices, catheters or general surgery devices can be reprocessed.
In year 2015, according to World Health Organization (W.H.O) estimated that around 17.7 million people died due to cardiovascular disease worldwide. Furthermore, the majority of deaths are occurred in emerging economies due to high prevalence rate and lack of healthcare services in rural areas.

Cost effectiveness, equivalent performance to the original devices, warranty and availability of sources driving growth of reprocessed medical devices market
The USITC statistics indicate that the production of reprocessed devices increased by 12% during 2009-2011. This is mainly attributed to production capacity expansion by a large number of medical device remanufacturers during this period. The 2008-2009 recession was the supportive factor behind this growth, as during this period various patients lost their medical insurance and it affected the reimbursement of devices, which in turn led to uptake of cost-effective devices.

The cardiovascular medical devices segment is expected to retain its dominance over the forecast period, owing to reduction in product prize, increasing pressure to reduce expenditure of healthcare among hospital authorities, and increasing focus on protection of environment by reducing medical waste dumping.

Over 90% of potentially infectious medical waste was incinerated before 1997. In August 1997, the U.S. Environmental Protection Agency (EPA) promulgated regulations creating stringent emission standards for medical waste incinerators due to significant concerns over detrimental air quality affecting human health. EPA’s Office of Air Quality Planning and Standards continues to review and revise the Hospital Medical Infectious Waste Incinerator (HMIWI) standards as required most recently in May of 2013.

Some major key players in the global reprocessed medical devices market include Stryker Corporation, Johnson & Johnson, Vanguard AG), Medline ReNewal , SteriPro Canada, Inc., Pioneer Medical Devices AG, Vascular Solutions, Inc., HYGIA Health Services, Inc., ReNu Medical, Inc., SureTek Medical, Centurion Medical Products Corporation and Vanguard AG.

Request A Sample Copy of This Research Report: www.coherentmarketinsights.com/insight/request-sample/234

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Mr.Shah
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Reprocessed Medical Devices Market Higher Growth Rate & Forecast 2018 – 2026 | Stryker Corporation, Johnson & Johnson, Vanguard AG), Medline ReNewal , SteriPro Canada, Pioneer Medical Devices AG, Vascular Solutions here

News-ID: 1753330 • Views: 873

More Releases from Coherent Market Insights

𝐏𝐫𝐨𝐯𝐢𝐧𝐠 𝐭𝐡𝐞 𝐯𝐚𝐥𝐮𝐞 𝐨𝐟 𝐂𝐥 …
Climate Change Consulting Market report plays very noteworthy role to achieve business growth and success in this competitive market place for industry. Best practice models and research methodologies are implemented in this report to give comprehensive market analysis with accurate market segmentation and insights. This market research report provides important and meaningful market insights for the business by taking into consideration various factors. It provides market data for several segments
𝑷𝒓𝒆𝒅𝒊𝒄𝒕𝒊𝒗𝒆 𝑴𝒂𝒊𝒏𝒕𝒆𝒏𝒂𝒏 …
A new market report titled Global Predictive Maintenance Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2026, developed and published gives a brief and detailed knowledge about key players, market situation and circumstances that are covered deeply in this report. The report will offer significant estimates for the period between 2018 and 2026. The industrial chain supporting the market is analyzed in detail covering accurate information about aspects
𝗩𝗶𝗴𝗼𝗿𝗼𝘂𝘀 𝗚𝗿𝗼𝘄𝘁𝗵 𝗢𝗳 𝗦𝘂𝗽 …
Supply Chain Risk Management Market 2018 report contains a focused socio-economic, political, and environmental analysis of the factors affecting the Supply Chain Risk Management industry. The report contains an analysis of the technologies involved in production, application and much more. Supply chain risks management (SCRM) is an effort taken by organizations to identify, monitor, detect, and mitigate threats to supply chain continuity and profitability. Threats to supply chain include, volatility, material
Ferric Hydroxide Market Industry Analysis 2019 | ZeniMac Exim, Reade, DuPont, an …
An informative study on the Ferric Hydroxide market from 2019-2026 has lately released for the database of Coherent Market Insights that helps by making business conclusions and shape the future of the organizations. Individual analysis of top regions and countries like North America, Europe, Asia-Pacific, South America, Asia-Pacific, Middle East & Africa and Latin America and the rest of the world is conducted. Industry overview, product definitions, and growth status

All 5 Releases


More Releases for Medical

Affordable Medical Cover Plans
Taking great care of health is important, but it does not assure a healthy life. Even after taking all the precautions, people can still get unwell due to various reasons. Unfortunately, medical treatment is not always affordable for everyone. Losing loved ones due to lack of money is the worst nightmare for any person. Luckily, now you can cover your whole family for medical treatment by purchasing affordable medical covers
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Global Medical Aesthetics Market
The Global Medical Aesthetics Market is expected to reach USD 26.53 billion by 2024 from USD 10.12 billion in 2016, at a CAGR of 12.8% in the forecast period 2017 to 2024. “Global Medical Aesthetics Market”, By Product Type (Aesthetic Laser Devices, Energy Devices, Skin Tightening & Body Contouring Devices, Aesthetic Implants, Facial Aesthetic Devices), Applications (Anti-Aging & Wrinkles, Facial & Skin Rejuvenation, Vascular Lesions, Body Shaping & Cellulite, Breast
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and
Medibmls-Medical Encyclopedia
The Medibmls Medical Encyclopedia contains public health information for patients and others about medical laboratory tests and general healthcare. This medical encyclopedia is developed to provide patients and others with background information about laboratory tests and health as part of the healthcare sector. Please visit us at: Medical Encyclopedia-Medibmls - https://medibmls.org/ Diseases - https://medibmls.org/diseases/ Laboratory Tests - https://medibmls.org/laboratory-tests/ Medibmls is a medical encyclopedia containing health information for patients and others about clinical laboratory tests and
Medical Electrodes Market
Medical electrodes are devices used to transfer energy of ionic currents into electrical current in the body. The currents passed into the body is amplified and has proved to be useful in diagnosing various diseases. Medical electrodes are noninvasive and comprises a metal, electrode conducting plate and lead. Medical electrodes progress with quantification of internal ionic currents results in diagnosis of nervous, cardiac, ocular and muscular disorders. The electrode works