© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Reprocessed Medical Devices Market share to surpass $3 Bn by 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Global Market Insights, Inc. says, Global Medical Devices Market size is set to exceed over USD 1.0 billion in 2016 and is expected to witness more than 14% CAGR from 2017 to  Reprocessed medical devices market is anticipated to witness robust progress over the forecast timeframe. Rising number of cardiac surgeries coupled with numerous blood pressure monitoring applications are foremost factors driving industry growth.  Cardiovascular reprocessed segment is growing substantially due to increasing prevalence of cardiac diseases that lead to cardiac surgical procedures.  Hospitals held substantial revenue share due to rising number of surgical procedures coupled with increasing adoption rate of reprocessed medical devices by hospitals.  Major Players of Medical Devices Market is GE Healthcare, Centurion Medical Products, Mediline ReNewal, Steril Med (Ethicon Endo-Surgery), etc. Key Insights from Reprocessed Medical Devices Market

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  U.S market accounted for largest revenue share in 2016, and will grow significantly during forecast period. Growth is attributable to increasing prevalence of chronic diseases, rising records of MIS performed annually, and augmented consumer awareness levels for MIS.  Ambulatory surgical centers (ASC) segment will grow significantly as a result of, increasing number of surgical procedures in outpatient settings such as, ASC’s coupled with increased adoption of reprocessed medical devices in ASC’s.  Reprocessed medical devices industry is extremely competitive and major factor accountable for increasing demand of reprocessed medical devices is the related low price. Reprocessing encourages industry competition, decreases medical waste generated from operating rooms as well as reduces waste clearance costs. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Reprocessed Medical Devices Market, By Product, 2013 – 2024 (USD Million)

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