Reprocessed Medical Devices Market – (Device Type – Cardiovascular Medical Devices, Orthopedic Medical Devices, Gastroenterology Medical Devices, General Surgery Medical Devices, and Laparoscopic Surgery Medical Devices): Market Growth, Future Prospects and Competitive Analysis, 2016-2022, the market was valued at USD 1,079.1 Mn in 2015, and is expected to reach USD 2,461.4 Mn by 2022, expanding at a CAGR of 10.6% from 2016 to 2022.
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Market Insights:
Increasing pressure to reduce medical waste on medical organization due to environmental concerns are the major factors driving the global reprocessed medical devices market. North America held the largest regional market, accounting for the market share of over 50% in 2015, and is expected to dominate the global reprocessed medical devices market during the forecast period of 2016 to 2022. Rising pressure of managing hospital expenditure among hospital authorities and reduced pricing and improved quality of reprocessed medical devices are the factors driving the reprocessed medical devices market in the region. Asia Pacific is expected to grow at a highest growth rate during the focus period, due to developing healthcare infrastructure, and reduction in the cost of the medical device which is driving the market in Asia Pacific.
Among the device types, cardiovascular medical devices are the dominating segment in terms of revenue due to its rising incorporation in the cardiac surgeries which is rising worldwide. Devices such as cardiac positioning and stabilization devices, electrophysiology catheters and blood pressure cuffs are the widely used reprocessed medical devices. The electrophysiology catheters held the largest share in the cardiovascular medical device segment. Laparoscopy segment held the second largest share of the market due to the rising demand for minimally invasive techniques, thus presenting opportunities for more reprocessing approvals, spearheading the growth for the laparoscopic segment during the forecast period.
Increasing pressure to reduce medical waste on medical organization due to environmental concerns are the major factors driving the global reprocessed medical devices market. North America held the largest regional market, accounting for the market share of over 50% in 2015, and is expected to dominate the global reprocessed medical devices market during the forecast period of 2016 to 2022. Rising pressure of managing hospital expenditure among hospital authorities and reduced pricing and improved quality of reprocessed medical devices are the factors driving the reprocessed medical devices market in the region. Asia Pacific is expected to grow at a highest growth rate during the focus period, due to developing healthcare infrastructure, and reduction in the cost of the medical device which is driving the market in Asia Pacific.
Among the device types, cardiovascular medical devices are the dominating segment in terms of revenue due to its rising incorporation in the cardiac surgeries which is rising worldwide. Devices such as cardiac positioning and stabilization devices, electrophysiology catheters and blood pressure cuffs are the widely used reprocessed medical devices. The electrophysiology catheters held the largest share in the cardiovascular medical device segment. Laparoscopy segment held the second largest share of the market due to the rising demand for minimally invasive techniques, thus presenting opportunities for more reprocessing approvals, spearheading the growth for the laparoscopic segment during the forecast period.
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Chapter 1 Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Methodology
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Methodology
Chapter 2 Executive Summary
2.1 Global Reprocessed Medical Devices Market Portaiture
2.2 Global Reprocessed Medical Devices Market, by Device, 2015 (USD Mn)
2.3 Reprocessed Medical Devices Market Share, by Geography, 2015 (Value %)
2.1 Global Reprocessed Medical Devices Market Portaiture
2.2 Global Reprocessed Medical Devices Market, by Device, 2015 (USD Mn)
2.3 Reprocessed Medical Devices Market Share, by Geography, 2015 (Value %)
Chapter 3 Reprocessed Medical Devices: Market Dynamics and Outlook
3.1 Introduction, Facts and Figures
3.3 Market Dynamics
3.3.1 Drivers
3.3.1.2 Management of Hospital Expenditure
3.3.1.3 Reduction in Medical Waste
3.3.2 Challenges
3.3.2.1 Risk of Transferring of Infectious Diseases
3.3.3 Opportunities
3.3.3.1 Rising Demand of Reprocessed Medical Devices in Emerging Countries
3.4 Attractive Investment Proposition
3.5 Competitive Analysis
3.5.1 Market Share Analysis By Key Players, 2015 (Value %)
3.1 Introduction, Facts and Figures
3.3 Market Dynamics
3.3.1 Drivers
3.3.1.2 Management of Hospital Expenditure
3.3.1.3 Reduction in Medical Waste
3.3.2 Challenges
3.3.2.1 Risk of Transferring of Infectious Diseases
3.3.3 Opportunities
3.3.3.1 Rising Demand of Reprocessed Medical Devices in Emerging Countries
3.4 Attractive Investment Proposition
3.5 Competitive Analysis
3.5.1 Market Share Analysis By Key Players, 2015 (Value %)
Chapter 4 Global Reprocessed Medical Devices Market, by Device
4.1 Preface
4.2 Cardiovascular Medical Devices
4.2.1. Blood Pressure Cuffs/Tourniquet Cuffs
4.2.2. Cardiac Stabilization and Positioning Devices
4.2.3. Diagnostic Electrophysiology (EP) catheters
4.2.4. Electrophysiology Cables
4.2.5. Pulse Oximeter Sensors
4.2.6. Compression Devices
4.3 Orthopedic Medical Devices
4.2.1. External Fixation Components
4.4 Gastroenterology Medical Devices
4.2.1. Biopsy Forceps
4.3 General Surgery Medical Devices
4.2.1. Balloon Inflation Devices
4.2.2. Infusion Pressure Bags
4.4 Laparoscopic Surgery Medical Devices
4.4.1 Endoscopic Trocars And Components
4.4.2 Harmonic Scalpels
4.1 Preface
4.2 Cardiovascular Medical Devices
4.2.1. Blood Pressure Cuffs/Tourniquet Cuffs
4.2.2. Cardiac Stabilization and Positioning Devices
4.2.3. Diagnostic Electrophysiology (EP) catheters
4.2.4. Electrophysiology Cables
4.2.5. Pulse Oximeter Sensors
4.2.6. Compression Devices
4.3 Orthopedic Medical Devices
4.2.1. External Fixation Components
4.4 Gastroenterology Medical Devices
4.2.1. Biopsy Forceps
4.3 General Surgery Medical Devices
4.2.1. Balloon Inflation Devices
4.2.2. Infusion Pressure Bags
4.4 Laparoscopic Surgery Medical Devices
4.4.1 Endoscopic Trocars And Components
4.4.2 Harmonic Scalpels
Chapter 5 Global Reprocessed Medical Devices Market, By Geography
5.1 Overview
5.2 North America
5.2.1. U.S.
5.2.2. Canada
5.3 Europe
5.2.1. U.K.
5.2.2. Germany
5.2.3. Rest of Europe
5.4 Asia Pacific
5.2.1. Japan
5.2.2. China
5.2.3. Rest of Asia Pacific
5.4 Latin America
5.5 Middle East and Africa
5.1 Overview
5.2 North America
5.2.1. U.S.
5.2.2. Canada
5.3 Europe
5.2.1. U.K.
5.2.2. Germany
5.2.3. Rest of Europe
5.4 Asia Pacific
5.2.1. Japan
5.2.2. China
5.2.3. Rest of Asia Pacific
5.4 Latin America
5.5 Middle East and Africa
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Chapter 6 Company Profiles
6.1 Centurion Medical Products Corporation
6.1.1 Business Description
6.1.2 Financial Health and Budget Allocation
6.1.3 Product Portfolio
6.1.4 News Coverage
6.2 Hygia Health Services, Inc.
6.2.1 Business Description
6.2.2 Financial Health and Budget Allocation
6.2.3 Product Portfolio
6.2.4 News Coverage
6.3 Medline ReNewal
6.3.1 Business Description
6.3.2 Financial Health and Budget Allocation
6.3.3 Product Portfolio
6.3.4 News Coverage
6.4 MidWest Reprocessing Center
6.4.1 Business Description
6.4.2 Financial Health and Budget Allocation
6.4.3 Product Portfolio
6.4.4 News Coverage
6.5 ReNu Medical, Inc.
6.1 Centurion Medical Products Corporation
6.1.1 Business Description
6.1.2 Financial Health and Budget Allocation
6.1.3 Product Portfolio
6.1.4 News Coverage
6.2 Hygia Health Services, Inc.
6.2.1 Business Description
6.2.2 Financial Health and Budget Allocation
6.2.3 Product Portfolio
6.2.4 News Coverage
6.3 Medline ReNewal
6.3.1 Business Description
6.3.2 Financial Health and Budget Allocation
6.3.3 Product Portfolio
6.3.4 News Coverage
6.4 MidWest Reprocessing Center
6.4.1 Business Description
6.4.2 Financial Health and Budget Allocation
6.4.3 Product Portfolio
6.4.4 News Coverage
6.5 ReNu Medical, Inc.
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