Medical Device Reprocessing Market : Indicates Impressive Growth Rate In Gastroenterology and Arthroscopy Industry

Medical Device Reprocessing Market by Product (Reprocessed Device (Catheter, Endoscope, Laparoscopic Instruments, Biopsy, Pulse Oximeter), Service), Application (Cardiology, Gastroenterology, Arthroscopy, Orthopedic, Anesthesia) – Global Forecast to 2022″,

Browse in-depth TOC on “Medical Device Reprocessing Market”“Medical Device Reprocessing Market”

75  tables

24 figures

145 pages

Download PDF Brochure:Download PDF Brochure:http://www.marketsandmarkets.com/pdfdownload.asp?id=583



The key factors driving the growth of this market include the low prices of reprocessed medical devices as compared to new devices and the pressure to reduce the volume of regulated medical waste (RMW) generated by various healthcare organizations. However, the risk of transmission of surgical site infections associated with the use of reprocessed medical devices may hinder the growth of this market to a certain extent.

By product and service, the reprocessing support and services segment accounted for the largest share of the market in 2016

On the basis of product and service, the Medical Device Reprocessing Market is broadly segmented into reprocessing support & services and reprocessed medical device. In 2016, reprocessing support and services accounted for the largest share of this market and expected to grow at the highest CAGR during the forecast period. This is primarily attributed to the growing preference for third-party reprocessing of medical devices, as opposed to in-house reprocessing, due to its cost-saving potential and reductions in medical waste generation.

By type of medical device, catheters held the largest market share in 2016

Based on type of medical device, the Medical Device Reprocessing Market is further categorized into catheters; laparoscopy instruments; biopsy instruments; endoscopy instruments; cable, columns, curves, and cutters; and other reprocessed medical devices. In 2016, the catheters segment accounted for the largest share of the Medical Device Reprocessing Market and is expected to grow at the highest CAGR during the forecast period. The highest growth of this segment is mainly attributed to the increased utilization of reprocessed cardiology, electrophysiology, and diagnostic catheters in recent years.

By application, the cardiology segment held the largest market share in 2016

Based on application, the market is segmented into cardiology; gastroenterology, urology, and gynecology; arthroscopy and orthopedic surgery; and general surgery and anesthesia. In 2016, the cardiology segment accounted for the largest share and is expected to grow at the highest CAGR during the forecast period. Growing geriatric population coupled with the increasing prevalence of cardiovascular disorders and increasing adoption of reprocessed cardiology and electrophysiology catheters in hospitals and other healthcare facilities are the major factors driving the growth of this segment.

Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=583

North America dominated the market in 2016

North America accounted for the largest share of the Medical Device Reprocessing Market in 2016, followed by Europe and Latin America. Factors such as its well-established healthcare industry, low price of reprocessed medical devices, the pressure to reduce the volume of regulated medical waste, rising prevalence of non-communicable and chronic diseases, and increasing volume of surgical procedures are contributing to the large share of North America. The rising prevalence of chronic diseases, increasing geriatric population, rising healthcare expenditure, increasing number of surgical procedures, and growing awareness about the usage of reprocessed medical devices are majorly contributing to the growth of the European Medical Device Reprocessing Market, which holds the second-largest market share.

Medical Device Reprocessing Market

Browse Related Reports:

MEDICAL DEVICE CLEANING MARKET

http://www.marketsandmarkets.com/Market-Reports/medical-device-cleaning-market-39633818.html

REFURBISHED MEDICAL EQUIPMENT MARKET

http://www.marketsandmarkets.com/Market-Reports/refurbished-medical-devices-market-770.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Rohan

MarketsandMarkets™

701 Pike Street

Suite 2175, Seattle,

WA 98101, United States

Tel: +1-888-600-6441

Email: sales@marketsandmarkets.com

Cards you may also be interested in
Donate for Child Education | Online Donation for Children
saidham
1
0
0
Wikipedia Is More Reliable Than You Think!
fadewblogs
6
0
2
Some Experts Advice From Optometrist Near Lisle To Take Care Of Your Lenses
theTosee2020
1
0
0
Medulloblastoma Drug Market Production, Sales and Consumption Status and acurate Research Report and Forecast 2028
poojashuukla93
1
0
0
Top 10 Smartphones of 2021
fadewblogs
4
0
1
Looking for a sclerotherapy treatment in California`s Newport Beach, Irvine, Orange County, Santa Ana, and Costa Mesa? Corona Del Mar-based Coastal Vein Care is a top-rated sclerotherapy treatment clinic. sclerotherapy treatment in california sclerotherapy treatment in newport beach sclerotherapy treatment in Irvine sclerotherapy treatment in Corona Del Mar sclerotherapy treatment in Orange County sclerotherapy treatment in Santa Ana sclerotherapy treatment in Costa Mesa
coastalveincare
1
0
0
Buy xanax online usa at overnight free home delivery
onlinehealthsus
1
0
0
Protein Engineering : Future, Trends, And Scope
Nilkanth
2
0
0
Best Fake Amazon Review Checker | Commerce.AI
Commerceai
2
0
0
Particle Therapy Market worth USD 1,349 million by 2023 : Technological advancements in the field of Heavy Ion Therapy
sasha12kapoor
1
0
0
Without Conviction Animal-Cruelty Case To End: Animal Treatment
Nilkanth
2
0
0
5 Myths About Laser Hair Removal We Are Tired Of Hearing
clinicdermatech
2
0
0
Injection Trays Market by Competitive Landscape, SWOT Analysis, Opportunities and Challenges, Growth by 2021-2028
poojashuukla93
1
0
0
The Future of Healthcare Supply Chain Management Market
Nilkanth
1
0
0
India Plant Protein Market Experienced A Positive Growth In CAGR
consumerintel
1
0
0
Conheça a SS3 Tecnologia, uma empresa focada em Tecnologia da Informação e estruturas de redes
MktSS3
18
5
0
How Many Hours Sleep With Zopiclone 10mg?
sampatrick12
2
0
0
Oito erros que as empresas cometem ao lidar com informações
analuiza19
17
4
0
Significant Impact of COVID-19 on PPE Kits in Healthcare Industry
prakash7793
1
0
0
[October-2021]New Braindump2go CAS-003 PDF and VCE Dumps[Q801-Q810]
Dessieslife
2
0
0
4.7 Star App Store Review!
Cpl.dev***uke
The Communities are great you rarely see anyone get in to an argument :)
king***ing
Love Love LOVE
Download

Select Collections