Pune, India -- (SBWIRE) -- 04/26/2018 -- Global Medical Device Reprocessing Market is expected to grow at a CAGR of 14.90% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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This report consists of below pages:

- No of pages: 350
- No of Figures: 50
- No of Tables: 250

Definition: Global Medical Device Reprocessing Market

This market report defines the market trends and forecast the upcoming opportunities and threats of the pharmaceutical packaging equipment market in the next 8 years. Medical device reprocessing is the process of cleaning, remanufacturing and disinfection of the medical devices so that those devices can be reused or to be put in service again. The reprocessed devices are biopsy, catheter, endoscope and pulse oximeter.

Major Market Drivers and Restraints:

Increasing pressure to reduce medical waste due to environmental concerns
Low prices of reprocessed devices as compared to new ones
Increasing number of surgical procedures
Growing prevalence of chronic diseases
Changing regulatory scenario for medical devices.
Due to the use of reprocessed devices there is a risk of surgical site infections

Segmentation: Global Medical Device Reprocessing Market

The global medical device reprocessing market is segmented based on product type, application, end user, and geography.

Based on product type the global medical device reprocessing market is segmented into reprocessed device and service. Reprocessed device is further segmented into catheter, endoscope, laparoscopic instruments, biopsy and pulse oximeter.

On the basis of application, the global medical device reprocessing market is classified into cardiology, gastroenterology, arthroscopy, orthopedic, general surgery, and anesthesia.

On the basis of end user, the global medical device reprocessing market is segmented into hospitals, clinics, ambulatory surgical centers, community healthcare, diagnostic laboratories and others.

Based on geography, the global pharmaceutical packaging equipment market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and, Brazil among others. In 2017, North America is expected to dominate the market.

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Major Market Competitors/Players: Global Medical Device Reprocessing Market

Some of the major players operating in the global medical device reprocessing market are Stryker Corporation, Johnson & Johnson, VANGUARD AG, Medline ReNewal, Medtronic plc, SteriPro, Pioneer Medical Devices, VASCULAR SOLUTIONS, INC., HYGIA Health Services, ReNu Medical, SureTek Medical, Centurion Medical Products, Agito Medical A/S, Innovative Health Llc., Nescientific Inc., Rene Medical Inc., ReNu Medical Inc., Synergy Health plc, GE Healthcare, Midwest Reprocessing Centre, Siemens Healthcare GmbH, Soma Technology, Inc., Steril Med Inc., among others.

Research Methodology: Global Medical Device Reprocessing Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.

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