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Medical Device Reprocessing Market - Analysis, Size, Opportunities and Forecast, 2023

09-23-2017 12:35 AM CET | Health & Medicine

Press release from: P&S Market Research - Medical Devices

Medical Device Reprocessing Market - Analysis, Size,

Medical device reprocessing is the process of cleaning, disinfecting, remanufacturing and testing, packaging, labelling, and sterilizing of already used medical devices. Medical devices reprocessing facilitates in reusing medical devices and treating multiple patients. Medical devices get contaminated with the repeated use on the patient; therefore, these are reprocessed to avoid the risk of infection. Inadequate reprocessing can also result into tissue irritation, health care associated infections, and threat to the patient safety. Global medical device reprocessing market is expected to grow significantly during the forecasted period (2017 – 2023).

Explore Report at: https://www.psmarketresearch.com/market-analysis/medical-device-reprocessing-market

The global medical device reprocessing market is highly regulated by the regulators such as U.S. Food and Drug Administration (USFDA), European Medicines Agency (EMA), China Food and Drug Administration (CFDA) and Japan Pharmaceutical Manufacturers Association (JPMA).

Medical device reprocessing market finds its application in cardiology, gastroenterology, urology and gynecology, arthroscopy and orthopedic surgery, general surgery and anesthesia. Cardiology was the largest application area of medical device reprocessing in 2016, due to the high prevalence of cardiovascular diseases and wide range of approved devices by the USFDA. Additionally, medical device reprocessing offers several advantages to the healthcare providers and patients by reducing the treatment cost of cardiovascular disease.

The risk of surgical site infections, and stringent regulations for medical device reprocessing practices act as major barriers for the growth of the global medical device reprocessing market. The medical devices when used for treatment and surgeries get soiled and infected with microorganisms. The soiled and infected medical devices can increase the risk of infections; therefore, the medical devices are reprocessed at regular time interval. However, inadequate cleaning may lead to retention of biological debris, tissue, and blood in some reprocessed medical devices. The debris may cause the microorganism to survive even after the reprocessing which may lead to the spread of harmful diseases and infections.

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Some of the other key players in the global medical device reprocessing market are Stryker Corporation, Vanguard AG, Medtronic plc, Pioneer Medical Devices AG, HYGIA Health Services, Inc., SureTek Medical, Centurion Medical Products Corporation, Vascular Solutions, Inc., SteriPro Canada, Inc., and Johnson & Johnson.

About P&S Market Research

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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