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21.10.2021 16:06

Global Industry Analysts Predicts the World Medical Device Reprocessing Market to Reach $2.7 Billion by 2026

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SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Medical Device Reprocessing - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

World Medical Device Reprocessing Market

FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 10663
Companies: 46 - Players covered include Centurion Medical Products; Johnson & Johnson (Sterilmed Inc.); Medline Renewal; Medtronic PLC; Pioneer Medical Devices AG; Renu Medical, Inc.; Steripro Canada; Stryker Corporation; SureTek Medical; Vanguard AG; Vascular Solutions, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Application (Cardiology, Gastroenterology, Urology, & Gynecology, Arthroscopy & Orthopedic Surgery, General Surgery & Anesthesia); Product & Service (Reprocessing Support & Services, Reprocessed Medical Device)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Medical Device Reprocessing Market to Reach $2.7 Billion by 2026
Amid the COVID-19 crisis, the global market for Medical Device Reprocessing estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$2.7 Billion by 2026, growing at a CAGR of 15.8% over the analysis period. Reprocessing Support & Services, one of the segments analyzed in the report, is projected to record a 15.4% CAGR and reach US$1.9 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Reprocessed Medical Device segment is readjusted to a revised 16.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $381.2 Million in 2021, While China is Forecast to Reach $464.7 Million by 2026
The Medical Device Reprocessing market in the U.S. is estimated at US$381.2 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$464.7 Million by the year 2026 trailing a CAGR of 15.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.1% and 13.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.6% CAGR. More

MarketGlass Platform
Our MarketGlass Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include - enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.

Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our just released mobile application on iOS or Android

About Global Industry Analysts, Inc. & StrategyR
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.

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