The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Medical Device Reprocessing Global Market Report 2023, the medical device reprocessing market is expected to show significant growth in the forecast period.

Key insights from the medical device reprocessing market forecast include:

1. Market Size
   The global medical device reprocessing market is projected to increase from $1.82 billion in 2022 to $2.09 billion in 2023, with a 15.4% CAGR. By 2027, the market is anticipated to achieve $3.67 billion, growing at a 15.1% CAGR.
2. Major Driver
   The growth of the medical device reprocessing market is expected to be driven by an increase in surgical procedures. Surgical procedures involve incisions and tools to treat or repair diseases in the body. Reprocessing ensures equipment is clean and safe for the next patient by removing biological waste and inactivating microorganisms. For instance, in the UK, surgical procedures like transcatheter aortic valve replacement (TAVR) or transcatheter aortic valve implantation (TAVI) increased from 5676 in 2019/20 to 6328 in 2020/21, as reported by the British Heart Foundation. Hence, the rising number of surgical procedures fuels the medical device reprocessing market’s growth.

View More On The Medical Device Reprocessing Market Report 2023 – https://www.thebusinessresearchcompany.com/report/medical-device-reprocessing-global-market-report

3. Key Trend
   Technological advancements are a prominent trend in the medical device reprocessing market. Major companies in this market are embracing new technologies to maintain their market position. For example, in June 2022, Sweden’s Getinge, a medical technology company, unveiled an enhanced version of the ED-Flow automated endoscope reprocessor, an endoscope washer-disinfector. This updated facility offers improved digital connectivity and data management, enhancing uptime and productivity for customers. It incorporates T-DOC traceability software, efficiently managing flexible endoscope leak testing, cleaning, and high-level disinfection, ensuring reliable outcomes
4. Largest Region
   North America was the largest region in the medical device reprocessing market in 2022.
5. Major Players
   Major players in the medical device reprocessing market are Cardinal Health, Johnson & Johnson Services Inc., Abbott, Medtronic PLC, Danaher, Hill-Rom Holdings Inc., Fresenius Medical Care, Medline Industries Inc., Stryker Corporation, GE Healthcare, Boston Scientific, Fujifilm Medical Systems, Zimmer Biomet, Olympus Corporation, Intuitive Surgical, Hologic, STERIS Healthcare, Getinge AB, Teleflex Inc., Centurion Medical Inc., Vanguard AG, SteriPro, Medivators Inc., Hygia Healthcare LLC, Innovative Health, LUMITOS AG, SureTek Medical, 3M Health Care, ArjoHuntleigh, and Northeast Scientific.

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Key Medical Device Reprocessing Market Segments
The global medical device reprocessing market is segmented –
1) By Type: Reprocessing support and Services, Reprocessing Medical Devices
2) By Device Category: Critical Devices, Semi-Critical Devices, Non-Critical Devices
3) By Application: Cardiology, Gastroenterology, Gynecology, Orthopedic, General Surgery, Other Applications
4) By End-Use: Hospital, Ambulatory Service Centers, Home Healthcare

The Medical Device Reprocessing Global Market Report 2023  provides an in-depth analysis on the medical device reprocessing market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the medical device reprocessing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Medical And Diagnostic Laboratory Services Global Market Report 2023
Medical Equipment Global Market Report 2023
Medical Device Outsourcing Global Market Report 2023

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