Medical Device Reprocessing Global Market Report 2024 Market Size, Insights, Outlook, Overview And Market Research Report 2024-2033

"The new report published by The Business Research Company, titled Medical Device Reprocessing Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the medical device reprocessing market size has grown rapidly in recent years. It will grow from $2.09 billion in 2023 to $2.41 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The medical device reprocessing market size is expected to see rapid growth in the next few years. It will grow to $4.28 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%.

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Surge In Surgical Procedures Fuels Growth Of Medical Device Reprocessing Market
An increase in surgical procedures is expected to propel the growth of the medical device reprocessing market going forward. Surgical procedures refer to medical treatment that involves making an incision and using tools to cure or repair disease in a living body. Reprocessing involves removing blood, tissue, and other biological waste from equipment and inactivating infectious microorganisms to ensure that it is clean and safe for the patient who will use it next. For instance, in 2022, according to the British Heart Foundation, a UK-based a cardiovascular research charity, points that in UK surgical procedures, transcatheter aortic valve replacement (TAVR) or transcatheter aortic valve implantation (TAVI), increased from 5676 in 2019/20 to 6328 in 2020/21. Therefore, an increase in surgical procedures is driving the growth of the medical device reprocessing market.

Technology Advancements In The Medical Device Reprocessing Market
Technological advancements are a key trend gaining popularity in the medical device reprocessing market. Major companies operating in the medical device reprocessing market are adopting new technologies to sustain their position in the market. For instance, in June 2022, Getinge, a Sweden-based medical technology company, launched an updated version of the endoscope washer-disinfector, an ED-Flow automated endoscope reprocessor. Customers of Getinge's endoscope reprocessing unit will benefit from the facility's higher level of digital connectivity and data management, increasing uptime and productivity. It uses traceability software, T-DOC, with ED-Flow. ED-Flow efficiently handles flexible endoscope leak testing, cleaning, and high-level disinfection with practical, trustworthy outcomes.

The medical device reprocessing market covered in this report is segmented -

1) By Type: Reprocessing support and Services, Reprocessing Medical Devices
2) By Device Category: Critical Devices, Semi-Critical Devices, Non-Critical Devices
3) By Application: Cardiology, Gastroenterology, Gynecology, Orthopedic, General Surgery, Other Applications
4) By End-Use: Hospital, Ambulatory Service Centers, Home Healthcare

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Major companies operating in the medical device reprocessing market report are Cardinal Health, Johnson & Johnson Services Inc., Abbott, Medtronic PLC, Danaher, Hill-Rom Holdings Inc., Fresenius Medical Care, Medline Industries Inc., Stryker Corporation, GE Healthcare, Boston Scientific, Fujifilm Medical Systems, Zimmer Biomet, Olympus Corporation, Intuitive Surgical, Hologic, STERIS Healthcare, Getinge AB, Teleflex Inc., Centurion Medical Inc., Vanguard AG, SteriPro, Medivators Inc., Hygia Healthcare LLC, Innovative Health, LUMITOS AG, SureTek Medical, 3M Health Care, ArjoHuntleigh, Northeast Scientific

Contents of the report:
1. Executive Summary
2. Medical Device Reprocessing Market Report Structure
3. Medical Device Reprocessing Market Trends And Strategies
4. Medical Device Reprocessing Market - Macro Economic Scenario
5. Medical Device Reprocessing Market Size And Growth
…..
27. Medical Device Reprocessing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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