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Reprocessed Medical Devices Market Trends

  • Report ID: GMI477
  • Published Date: Jul 2023
  • Report Format: PDF

Reprocessed Medical Devices Market Trends

The affordable costs of reprocessed medical devices coupled with the strengthening network of distributors in emerging economies will support the market growth. Several innovations in reprocessing technologies and techniques have improved the safety, efficacy, and quality of reprocessed devices. Advanced sterilization methods and rigorous testing protocols are also ensuring that reprocessed devices meet or exceed regulatory standards, further instilling confidence in healthcare professionals and patients. Moreover, rising advancements are expanding the range of medical devices that can be reprocessed, including complex instruments and single-use devices. The jump in such technological breakthroughs for not only enhancing the patient safety but also contributing to cost savings will surge the product demand.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Reprocessed medical devices industry share reached over USD 2 billion in 2022 and is poised to witness 16.9% CAGR from 2023 to 2032 owing to the favorable regulatory landscape associated with sustainable waste disposal methods.

Reprocessed cardiovascular medical devices market generated USD 1.1 billion in revenue in 2022 and is estimated to expand at notable CAGR from 2023-2032 driven by the rising prevalence of cardiovascular diseases.

North America reprocessed medical devices industry size was more than USD 979 million in 2022 and is expected to grow at notable CAGR from 2023-2032 owing to the rising need to reduce healthcare expenses.

Some top reprocessed medical device companies are Soma Technology, Inc., GE Healthcare, Teleflex Incorporated, Soma Technology, Inc., Renu Medical, Inc (Arjo), Ethicon Inc, Vanguard AG, SureTek Medical, Medline Industries, Inc, Medtronic, and Innovative Health, among others.

Reprocessed Medical Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 499
  • Countries covered: 30
  • Pages: 220
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