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Reprocessed Medical Devices Market Revenue, Opportunity, Segment and Key Trends 2017-2027

Reprocessed medical devices are those devices are those devices that are refurbished and put to reuse again. The reprocessing of medical devices involves disinfection, cleaning, remanufacturing, testing, sterilization, packaging and labelling of the devices in order to put to service again. The reprocessing of any medical device must follow a validated process which renders it fit for use. In order to reprocess the device factors like the efficacy, life cycle, potential risk to the patient and components used to manufacture the device are taken into consideration. With the increasing healthcare cost and high price of medical devices then demand for reprocessed medical devices is expected to witness high growth over the forecast period.

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Reprocessed Medical Devices Market Revenue, Opportunity, Segment and Key Trends 2017-2027

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  1. Reprocessed Medical Devices Market: Global Industry Analysis and Opportunity Assessment 2017-2027 January 2017 Report Id : REP-GB-2611 Status : Ongoing Category : Healthcare, Pharmaceuticals & Medical Devices ©2015 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3

  4. Reprocessed Medical Devices Market Reprocessed medical devices are those devices are those devices that are refurbished and put to reuse again. The reprocessing of medical devices involves disinfection, cleaning, remanufacturing, testing, sterilization, packaging and labelling of the devices in order to put to service again. The reprocessing of any medical device must follow a validated process which renders it fit for use. In order to reprocess the device factors like the efficacy, life cycle, potential risk to the patient and components used to manufacture the device are taken into consideration. With the increasing healthcare cost and high price of medical devices then demand for reprocessed medical devices is expected to witness high growth over the forecast period. Reprocessed Medical Devices Market: Drivers & Restraints The low price of the reprocessed devices is major factor responsible for the rising demand of the reprocessed medical devices, reprocessed medical devices cost nearly 30% - 40% less as compared to the new devices owing to which the demand for such devices is high in price sensitive low and middle income countries. Hospitals are largest consumer segment of the reprocessed medical devices, with increasing number of hospitals and increasing pressure on the government hospitals to operate under limited budget and long term cost efficacy, adoption rate of the reprocessed medical devices is witnessing significant increase among the hospitals. Strategic collaborations between manufacturers, end users and reprocessing companies is expected to boost revenue growth of the reprocessed medical devices market over the forecast period. Moreover several large hospitals are focusing on establishing in – house or outsourced reprocessing programs which in turn are expected to propel revenue growth. For instance, in the U.S. there are nearly 3,000 hospitals with medical device reprocessing program. However the stringent laws for regulating the reprocessing of medical devices and technological restraints in the low income countries for reprocessing of the medical devices along with economic slowdown and tighter healthcare budgets are expected to hamper revenue growth of the reprocessed medical devices market over the forecast period. ©2015 Future Market Insights, All Rights Reserved 4

  5. Reprocessed Medical Devices Market Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-2611 Reprocessed Medical Devices Market: Overview The global reprocessed medical devices market is expected to witness robust growth over the forecast period owing to emphasis on reduction of medical waste, globally. Moreover starting of reprocessing programs among large multispecialty hospitals is expected to push market growth over the forecast period. Government strategies to effectively control costs and increase profit margins is expected to propel revenue growth of the reprocessed medical devices market over the forecast period. Reprocessed Medical Devices Market: Region – wise outlook Regionally, global reprocessed medical devices market is divided in seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA) North America is expected to be the largest marker in terms of production of reprocessed medical devices followed by Western Europe. The presence of government funded and privately held waste management and recycling companies and availability of advance technology for sanitization and reprocessing of the medical devices is expected to contribute to the revenue growth of the reprocessed medical devices market in these regions. Based on consumption, Asia – Pacific region is expected to witness highest demand for reprocessed medical devices owing to price sensitive customer base and large population commanding demand for affordable medical devices. ©2015 Future Market Insights, All Rights Reserved 5

  6. Reprocessed Medical Devices Market Latin America and MEA regions are also expected to witness high growth in the global reprocessed medical devices market owing to growing distribution network and strategic collaborations of the manufacturers in these regions. Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-2611 North America is expected to be the largest marker in terms of production of reprocessed medical devices followed by Western Europe. The presence of government funded and privately held waste management and recycling companies and availability of advance technology for sanitization and reprocessing of the medical devices is expected to contribute to the revenue growth of the reprocessed medical devices market in these regions. Based on consumption, Asia – Pacific region is expected to witness highest demand for reprocessed medical devices owing to price sensitive customer base and large population commanding demand for affordable medical devices. Latin America and MEA regions are also expected to witness high growth in the global reprocessed medical devices market owing to growing distribution network and strategic collaborations of the manufacturers in these regions. Reprocessed Medical Devices Market: Market Participants Some players in the global reprocessed medical devices market are Medline Industries, Inc., Stryker Sustainability Solutions, Integrity Medical Systems, Inc., Centurion Medical Products Corporation, Koninklijke Philips N.V., GE Healthcare, Siemens AG, and others. ©2015 Future Market Insights, All Rights Reserved 6

  7. Reprocessed Medical Devices Market Browse Full Report@ http://www.futuremarketinsights.com/reports/reprocessed-medical-devices- market Click here to Order a free sample ©2015 Future Market Insights, All Rights Reserved 7

  8. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You ©2015 Future Market Insights, All Rights Reserved 8

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