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Reprocessed Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019
Published Date 28-August-2014
125 Page Report
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Press Release Reprocessed Medical Devices Market in 2019: Transparency Market Research
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REPORT DESCRIPTION
Reprocessed Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019 Medical device reprocessing refers to the practice of cleaning, disinfecting, remanufacturing, testing, sterilizing, packaging, and labeling of used and expired medical devices for clinical application once again. The Association of Medical Device Reprocessors has found that reprocessed medical devices used across 3,000 hospitals in the U.S. have helped eliminate nearly 13,000 tons of medical waste so far. It also states that since a reprocessed medical device costs half the price of an original device, hospitals could save up to US$2 billion to US$3 billion on medical expenditure. As a result, the global reprocessed medical devices market has witnessed significant growth in recent years and is expected to thrive in the future. Browse the Reprocessed Medical Devices Market Research Report with complete TOC at http://www.transparencymarketresearch.com/reprocessed-medical-devices.html Drivers, inhibitors, and opportunities Adoption of reprocessed medical devices allows for high cost savings. There has been escalating pressure from hospital authorities to not just reduce healthcare expenditure but also medical waste. As a result, demand for reprocessed medical devices has increased and more and more hospitals have switched to medical devices reprocessing. Furthermore, strong distribution network in developing markets and lower product pricing is expected to fuel the growth of the reprocessed medical devices market. In contrast, lack of uniform guidelines and regulations and reluctance in adopting reprocessed medical devices owing to negative perceptions based on safety is estimated to restrain the growth of the market. Get Free Sample Report at http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=2064 Analysis of product types of reprocessed medical devices Reprocessed medical devices are used in a wide range of disciplines such as general surgery, cardiology, orthopedics, laparoscopy, and gastroenterology. Reprocessed cardiovascular medical devices include compression sleeves (DVT), cardiac stabilization and positioning devices, electrophysiology cables, blood pressure cuffs/tourniquet cuffs, and diagnostic electrophysiology catheters. Laparoscopic devices include harmonic scalpels and endoscopic trocars and components. Other types of reprocessed medical devices include external fixation devices (orthopedics), biopsy forceps (gastroenterology), and infusion pressure bags and balloon inflation devices (general surgery). Among these, reprocessed cardiovascular devices are projected to dominate the market between 2014 and 2020, growing at a 16% CAGR. Browse More Medical Devices Related Research Report at http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html North America – leader of the global reprocessed medical devices market
Geographically, the worldwide market for reprocessed medical devices was dominated by North America, accounting for more than 80% of the total industry share in 2013. Favorable regulatory policies and growing acceptance and adoption rate of reprocessed medical devices drives the North American market. Europe, on the other hand, is expected to register the fastest growth among other regional markets, recording a CAGR over 15% during the forecast period. Factors that have contributed to the growth of this region include increasing demand for reprocessed medical devices, need for savings in the healthcare industry, and introduction of favorable regulations with regards to medical device reprocessing. The reprocessed medical devices market in developing countries and emerging economies in Asia, Latin America, and the Middle East are also estimated to witness remarkable growth during the forecast period owing to weaker financial standing and growing efforts towards healthcare cost optimization. Reprocessed medical devices market: Areas of segmentation The market for reprocessed medical devices is highly fragmented with various segments and subsegments. On the basis of type, reprocessed medical devices can be categorized as cardiovascular medical devices, gastroenterology medical devices, laparoscopic medical devices, general surgery medical devices, and orthopedic/ arthroscopic medical devices. Geographically, the global reprocessed medical devices market can be divided into North America, Europe, Asia-Pacific, and Rest of the World. Prominent players of the reprocessed medical devices market The global reprocessed medical devices market is extremely consolidated in nature, with the top three players accounting for over 90% of the total industry share. Some of the leading participants of the reprocessed medical devices market are SterilMed, Inc., Centurion Medical Products Corporation, ReNu Medical, Inc., Vanguard AG, Medline ReNewal, Stryker Sustainability Solutions, Inc., MidWest Reprocessing Center (MRC), Hygia Health Services, Inc., and SureTek Medical. Of these, Stryker Sustainability Solutions, Inc. dominates the worldwide reprocessed medical devices market in 2013, single-handedly accounting for more than 60% of the total market share. Based on figures provided by a leading market intelligence firm, the global reprocessed medical devices market was worth US$0.78 billion in 2013, and registering a 19.3% CAGR from 2014 to 2020, is projected to be worth US$2.58 billion by 2020.
TABLE OF CONTENT Chapter 1 Introduction 1.1 Report Description 1.2 Market Segmentation 1.3 Research Methodology 1.4 Assumptions
Chapter 2 Executive Summary 2.1 Market Snapshot: Global Reprocessed Medical Devices Market
2.2 Comparative Analysis: Global Reprocessed Medical Devices Market, by Geography, 2013 & 2020 (Value %)
Chapter 3 Global Reprocessed Medical Devices Market Overview 3.1 Market Dynamics and Overview 3.1.1 Market Drivers 3.1.1.1 High cost savings from reprocessed devices expected to boost market growth 3.1.1.2 Growing pressure to reduce medical waste is likely to propel the growth of the market 3.1.1.3 Increasing adoption rate of reprocessed devices driving overall market growth 3.1.1.4 Escalating pressure to reduce hospital costs likely to fuel the growth of the market 3.1.2 Market Restraints 3.1.2.1 Lack of appropriate regulatory guidelines impede the growth of the market 3.1.2.2 Negative perception about the product quality might hinder market growth 3.1.2.3 Reluctance in adopting reprocessed medical devices restricts market growth 3.1.3 Market Opportunities 3.1.3.1 Strengthening distribution network in emerging markets 3.1.3.2 Reduced product pricing of reprocessed devices 3.2 Porter’s Five Forces Analysis 3.2.1 Bargaining Power of Suppliers 3.2.2 Bargaining Power of Buyers 3.2.3 Threat of Substitutes 3.2.4 Threat of New Entrants 3.2.5 Competitive Rivalry 3.3 Value Chain Analysis of Reprocessed Medical Devices Market
3.4 The Science of Medical Device Reprocessing 3.5 Event Impact Analysis (Historical Trends and Future Outlook), 2012 – 2020 3.6 Market Attractiveness Analysis: Global Reprocessed Medical Devices Market, by Geography 3.7 Market Share Analysis: Global Reprocessed Medical Devices Market, by Key Players, 2013 (Value %)
Browse the Reprocessed Medical Devices Market Research Report with complete TOC at http://www.transparencymarketresearch.com/reprocessed-medical-devices.html
Chapter 4 Global Reprocessed Medical Devices Market, by Type of Devices 4.1 Overview 4.1.1 Global Reprocessed Medical Devices Market Revenue, by Type of Devices, 2012 – 2020 (USD Million) 4.1.2 Global Reprocessed Medical Devices Market Volume, by Type of Devices, 2012 – 2020 (Million) 4.1.3 Global Total Medical Devices Market Revenue, by Type of Devices, 2012 – 2020 (USD Million) 4.2 Reprocessed Cardiovascular Medical Devices 4.2.1 Global Reprocessed Cardiovascular Medical Devices Market Revenue, 2012 – 2020 (USD Million) 4.2.2 Global Reprocessed Cardiovascular Medical Devices Market Volume, 2012 – 2020 (Million) 4.2.3 Global Total Cardiovascular Medical Devices Market Revenue, 2012 – 2020 (USD Million) 4.2.4 Blood Pressure Cuffs/Tourniquet Cuffs 4.2.4.1 Global reprocessed blood pressure cuffs/tourniquet cuffs market revenue, 2012 – 2020 (USD Million) 4.2.4.2 Global reprocessed blood pressure cuffs/tourniquet cuffs market volume, 2012 – 2020 (Million) 4.2.4.3 Global total blood pressure cuffs/tourniquet cuffs market revenue, 2012 – 2020 (USD Million)
4.2.5 Cardiac Stabilization and Positioning Devices 4.2.5.1 Global reprocessed cardiac stabilization and positioning devices market revenue, 2012 – 2020 (USD Million)
Browse the Reprocessed Medical Devices Market Research Report with complete TOC at http://www.transparencymarketresearch.com/reprocessed-medical-devices.html
4.2.5.2 Global reprocessed cardiac stabilization and positioning devices market volume, 2012 – 2020 (Million) 4.2.5.3 Global total cardiac stabilization and positioning devices market revenue, 2012 – 2020 (USD Million) 4.2.6 Compression Sleeves (DVT) 4.2.6.1 Global reprocessed compression sleeves (DVT) market revenue, 2012 – 2020 (USD Million) 4.2.6.2 Global reprocessed compression sleeves (DVT) market volume, 2012 – 2020 (Million) 4.2.6.3 Global total compression sleeves (DVT) market revenue, 2012 – 2020 (USD Million) 4.2.7 Diagnostic Electrophysiology Catheters 4.2.7.1 Global reprocessed diagnostic electrophysiology catheters market revenue, 2012 – 2020 (USD Million) 4.2.7.2 Global reprocessed diagnostic electrophysiology catheters market volume, 2012 – 2020 (Million) 4.2.7.3 Global total diagnostic electrophysiology catheters market revenue, 2012 – 2020 (USD Million) 4.2.8 Electrophysiology Cables 4.2.8.1 Global reprocessed electrophysiology cables market revenue, 2012 – 2020 (USD Million)
4.2.8.2 Global reprocessed electrophysiology cables market volume, 2012 – 2020 (Million) 4.2.8.3 Global total electrophysiology cables market revenue, 2012 – 2020 (USD Million)
Browse the Reprocessed Medical Devices Market Research Report with complete TOC at http://www.transparencymarketresearch.com/reprocessed-medical-devices.html
4.3 Reprocessed Laparoscopic Medical Devices 4.3.1 Global Reprocessed Laparoscopic Medical Devices Market Revenue, 2012 – 2020 (USD Million) 4.3.2 Global Reprocessed Laparoscopic Medical Devices Market Volume, 2012 – 2020 (Million) 4.3.3 Global Total Laparoscopic Medical Devices Market Revenue, 2012 – 2020 (USD Million) 4.3.4 Endoscopic Trocars and Components 4.3.4.1 Global reprocessed endoscopic trocars and components market revenue, 2012 – 2020 (USD Million) 4.3.4.2 Global reprocessed endoscopic trocars and components market volume, 2012 – 2020 (Million) 4.3.4.3 Global total endoscopic trocars and components market revenue, 2012 – 2020 (USD Million) 4.3.5 Harmonic Scalpels 4.3.5.1 Global reprocessed harmonic scalpels market revenue, 2012 – 2020 (USD Million) 4.3.5.2 Global reprocessed harmonic scalpels market volume, 2012 – 2020 (Million) 4.3.5.3 Global total harmonic scalpels market revenue, 2012 – 2020 (USD Million) 4.4 Reprocessed Orthopedic/ Arthroscopic Medical Devices 4.4.1 Global Reprocessed Orthopedic/ Arthroscopic Medical Devices Market Revenue, 2012 – 2020 (USD Million) 4.4.2 Global Total Orthopedic/ Arthroscopic Medical Devices Market Revenue, 2012 – 2020 (USD Million)
4.4.3 External Fixation Devices 4.4.3.1 Global reprocessed external fixation devices market revenue, 2012 – 2020 (USD Million) 4.4.3.2 Global reprocessed external fixation devices market volume, 2012 – 2020 (Million) 4.4.3.3 Global total external fixation devices market revenue, 2012 – 2020 (USD Million) 4.5 Reprocessed Gastroenterology Medical Devices 4.5.1 Global Reprocessed Gastroenterology Medical Devices Market Revenue, 2012 – 2020 (USD Million) 4.5.2 Global Total Gastroenterology Medical Devices Market Revenue, 2012 – 2020 (USD Million) 4.5.3 Biopsy Forceps 4.5.3.1 Global Reprocessed Biopsy Forceps Market Revenue, 2012 – 2020 (USD Million) 4.5.3.2 Global reprocessed biopsy forceps market volume, 2012 – 2020 (Million) 4.5.3.3 Global total biopsy forceps market revenue, 2012 – 2020 (USD Million) 4.6 Reprocessed General Surgery Medical Devices 4.6.1 Global Reprocessed General Surgery Medical Devices Market Revenue, 2012 – 2020 (USD Million) 4.6.2 Global Reprocessed General Surgery Medical Devices Market Volume, 2012 – 2020 (Million) 4.6.3 Global Total General Surgery Medical Devices Market Revenue, 2012 – 2020 (USD Million) 4.6.4 Balloon Inflation Devices 4.6.4.1 Global reprocessed balloon inflation devices market revenue, 2012 – 2020 (USD Million) 4.6.4.2 Global reprocessed balloon inflation devices market volume, 2012 – 2020 (Million) 4.6.4.3 Global total balloon inflation devices market revenue, 2012 – 2020 (USD Million)
4.6.5 Infusion Pressure Bags 4.6.5.1 Global reprocessed infusion pressure bags market revenue, 2012 – 2020 (USD Million) 4.6.5.2 Global reprocessed infusion pressure bags market volume, 2012 – 2020 (Million) 4.6.5.3 Global total infusion pressure bags market revenue, 2012 – 2020 (USD Million)
Browse the Reprocessed Medical Devices Market Research Report with complete TOC at http://www.transparencymarketresearch.com/reprocessed-medical-devices.html
Chapter 5 Global Reprocessed Medical Devices Market, by Geography 5.1 Overview 5.1.1 Global Reprocessed Medical Devices Market Revenue, by Geography, 2012 – 2020 (USD Million) 5.2 North America 5.2.1 North America Reprocessed Medical Devices Market Revenue, 2012 – 2020 (USD Million) 5.2.2 United States 5.2.2.1 U.S. Reprocessed Medical Devices Market Revenue, by Type of Devices, 2012 – 2020 (USD Million) 5.2.2.2 U.S. Reprocessed Medical Devices Market Volume, 2012 – 2020 (Million) 5.3 Europe 5.3.1 Europe Reprocessed Medical Devices Market Revenue, 2012 – 2020 (USD Million) 5.4 Asia Pacific 5.4.1 Asia Pacific Reprocessed Medical Devices Market Revenue, 2012 – 2020 (USD Million) 5.5 Rest of the World (RoW) 5.5.1 RoW Reprocessed Medical Devices Market Revenue, 2012 – 2020 (USD Million)
Chapter 6 Recommendations 6.1 Market Strategy for Success 6.2 Barriers to be Considered
Chapter 7 Company Profiles 7.1 Centurion Medical Products Corporation 7.1.1 Company Overview 7.1.2 Financial Overview 7.1.3 Product Portfolio 7.1.4 Business Strategies 7.1.5 Recent Developments 7.2 Hygia Health Services, Inc. 7.2.1 Company Overview 7.2.2 Financial Overview 7.2.3 Product Portfolio 7.2.4 Business Strategies 7.2.5 Recent Developments 7.3 Medline ReNewal 7.3.1 Company Overview 7.3.2 Financial Overview 7.3.3 Product Portfolio 7.3.4 Business Strategies 7.3.5 Recent Developments 7.4 MidWest Reprocessing Center (MRC)
7.4.1 Company Overview 7.4.2 Financial Overview 7.4.3 Product Portfolio 7.4.4 Business Strategies 7.5 ReNu Medical, Inc. 7.5.1 Company Overview 7.5.2 Financial Overview 7.5.3 Product Portfolio 7.5.4 Business Strategies 7.6 SterilMed, Inc. 7.6.1 Company Overview 7.6.2 Financial Overview 7.6.3 Product Portfolio 7.6.4 Business Strategies 7.6.5 Recent Developments
Browse the Reprocessed Medical Devices Market Research Report with complete TOC at http://www.transparencymarketresearch.com/reprocessed-medical-devices.html
7.7 Stryker Sustainability Solutions, Inc. 7.7.1 Company Overview 7.7.2 Financial Overview 7.7.3 Product Portfolio 7.7.4 Business Strategies 7.7.5 Recent Developments 7.8 SureTek Medical
7.8.1 Company Overview 7.8.2 Financial Overview 7.8.3 Product Portfolio 7.8.4 Business Strategies 7.9 VANGUARD AG 7.9.1 Company Overview 7.9.2 Financial Overview 7.9.3 Product Portfolio 7.9.4 Business Strategies About Us
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