Global Medical Device Reprocessing Market, By Type of Medical Device

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

(EMAILWIRE.COM, February 14, 2019 ) According to the new market research report “Medical Device Reprocessing Market by Product (Reprocessed Dev ice (Catheter, Endoscope, Laparoscopic Instruments, Biopsy, Pulse Oximeter), Service), Application (Cardiology, Gastroenterology, Arthroscopy, Orthopedic, Anesthesia) - Global Forecast to 2022", published by MarketsandMarkets™, The medical device reprocessing market is expected to reach USD 1,754 Million by 2022 from an estimated USD 823.5 Million in 2017, at a CAGR of 16.3%.

Early buyers will receive 10% customization on reports @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=583

The global medical device reprocessing market is projected to reach USD 1,754.0 million by 2022 from USD 823.5 million in 2017, at a CAGR of 16.3% during the forecast period. The medical device reprocessing market is emerging and fragmented in nature with various regional and national players. In 2016, Stryker Corporation (U.S.) and Johnson & Johnson (U.S.) dominated the medical device reprocessing market and accounted for approximately 80% to 85% share of the North American medical device reprocessing market.

Stryker Corporation (U.S.) dominated the global medical device reprocessing market in 2016. The company offers a comprehensive range of standards and services for reprocessing of various medical devices used in different application areas. It offers its services and reprocessed medical devices through the Sustainability Business segment; also known as Stryker’s Sustainability Solutions (SSS). To maintain its leading position and increase its customer base in the medical device reprocessing market, the company mainly focuses on strategic partnerships with hospitals and other healthcare organizations. Currently, the company has partnered with around 3,000 hospitals in the U.S. for reprocessing of medical devices.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=583

The report analyzes the medical device reprocessing market by product & service, type of medical device, application, and region. On the basis of product & service, the reprocessing support and services segment accounted for the largest share in 2016, owing to the increased adoption of third-party reprocessing services over in-house reprocessing services by hospitals, clinics, surgical centers, clinical pathologies, and other healthcare organizations.

Some of the other players competing in this market are Vanguard AG (Germany), Medline ReNewal (U.S.), Medtronic plc (Ireland), SteriPro Canada, Inc., Pioneer Medical Devices AG (Germany), Vascular Solutions, Inc. (U.S.), HYGIA Health Services, Inc. (U.S.), ReNu Medical, Inc. (U.S.), SureTek Medical (U.S.), and Centurion Medical Products Corporation (U.S.).

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 7500 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’s flagship competitive intelligence and market research platform, "Knowledge Store" 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. Shelly Singh

MarketsandMarkets™ INC.
630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com
Resaerch Insight: https://www.marketsandmarkets.com/ResearchInsight/reprocessed-refurbished-medical-devices-market.asp

Visit Our Website: https://www.marketsandmarkets.com