Global Reprocessed Medical Devices Market is valued at USD 2832.7 Million in 2020 and is expected to reach USD 8350.3 Million by 2027 with a CAGR of 16.7% over the forecast period.
Global Reprocessed Medical Devices Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027- Increasing number of hospitals with well-equipped medical devices & surgical equipment, rising Food and Drug Administration (FDA) approvals for reprocessed cardiovascular products, rising preference of healthcare professionals towards single-use reprocessed devices (SUDc) are contributing to the growth Global Reprocessed Medical Devices Market.
Key Players for Global Reprocessed Medical Devices Market Report:
- GE Healthcare
- Medline Industries
- Renu Medical (Arjo)
- Soma Technology
- Stryker
- Teleflex Incorporated
- Medtronic
- Innovative Health
- Vanguard AG
- Ethicon
- SureTek Medical
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Global Reprocessed Medical Devices Market Segmentation:
By Product & Service:
- Reprocessing Support & Services
- Reprocessed Medical Device
By Type of Medical Device:
- Catheters
- Laparoscopy Instruments
- Biopsy Instruments
- Endoscopy Instruments
- Cables
- Columns
By Application:
- Cardiology
- Gastroenterology
- Urology
- Orthopedic Surgery
- General Surgery
The regions covered in the global reprocessed medical devices market report are North America, Europe, Asia-Pacific, and the Rest of the World. On the basis of reprocessed medical devices market is subdivided into the U.S., Mexico, Canada, the U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
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News On The Global Reprocessed Medical Devices Market:
The first comprehensive LCA Shows Reprocessed Medical Devices Cut GHG Emissions in Half
January 25th, 2021; Hospitals could cut outflows related to some medical device use in half by selecting rather for directed, reprocessed “single-use” clinical gadgets. The LCA assessed the utilization of a reprocessed electrophysiology catheter contrasted and the use of unique catheters for 16 distinct environmental effect classifications and tracked down that the utilization of reprocessed devices was predominant in 13 classes. By avoiding the utilization of virgin materials, reprocessing can diminish the environmental effects of resource utilization and emissions, like lessening abiotic resource use and the global warming impact (GWI).
North America is Expected to Dominate Global Reprocessed Medical Devices Market:
North America is expected to dominate the growth of the global reprocessed medical devices market due to the rising prevalence of chronic diseases, increasing awareness and adoption rate of reprocessed single-use medical devices, and the presence of key players in this region. For instance; according to the National Cancer Institute, new cases of cancer in the U.S. are 442.4 per 100,000 men and women annually. As per the Association for the Advancement of Medical Instrumentation (AAMI), laparoscopic instruments must be washed independently, depending upon the kind of instruments. In September 2018, Vanguard reported the acquisition of Pioneer Medical Devices AG to improve reprocessing administrations for medical devices. This procedure helped the organization in improving its product portfolio in the worldwide market.
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Scope of Global Reprocessed Medical Devices Market Report:
Medical device reprocessing is the cycle of cleaning, remanufacturing, disinfection, testing, bundling and naming, and sterilization among the different steps of a used medical device to be placed in help once more. To guarantee staff and patient safety just as stay agreeable, reprocessing medical devices is a fundamental practice when the instrument or device is reusable. Reprocessing devices offer economic advantages for the medical service facility, as the option is buying disposable instruments or devices for use during just a solitary patient technique.
The COVID-19 pandemic has affected the growth of the global reprocessed medical devices market. During the COVID-19 pandemic, tough guidelines are laid on the utilization of reprocessed medical devices attributable to the high chances of COVID-19 contamination spread. Also, with the rising focus of medical care suppliers to treat COVID-19-infected people, some medical therapy procedures that include the utilization of reprocessed medical devices have been deferred in the course of recent months.
On Special Requirement the Global Reprocessed Medical Devices Market. The report is also available for the below Regions and Countries:
North America
- US.
- Canada
Europe
- Germany
- France
- UK.
- Italy
- Spain
- Sweden
- Netherland
- Turkey
- Switzerland
- Belgium
- Rest of Europe
Asia-Pacific
- South Korea
- Japan
- China
- India
- Australia
- Philippines
- Singapore
- Malaysia
- Thailand
- Indonesia
- Rest Of APAC
Latin America
- Mexico
- Colombia
- Brazil
- Argentina
- Peru
- Rest of South America
Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest Of MEA
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