Middle East & Africa Single-use Medical Device Reprocessing Market to Perceive Exponential Growth at CAGR 5.5% BY 2023 Driven By CENTURION MEDICAL PRODUCTS, HYGIA, JOHNSON & JOHNSON, MEDLINE INDUSTRIES, NESCIENTIFIC, RENU MEDICAL, STRYKER

The Middle East & Africa single-use medical devices reprocessing market has been estimated to register a CAGR of 5.5% during the forecast period of 2018-2023. Single-use device (SUD) reprocessing includes cleaning, disinfection, and sterilization. It helps hospitals to maintain patient care quality, while saving substantial amounts of money. Low-barriers to entry and rising adoption of SUDs by hospitals is expected to help dominate this market in the Gulf countries (GCC region).

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/17027
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Rising Significance of Medical Waste Minimization
The rising significance of medical waste minimization through the reprocessing of single-use devices is the primary factor driving this market. According to an article published in 2015 in Zawya, Thomson Reuters, the reprocessing could cut nearly 150 tons of medical waste that GGC countries send to landfill every day. There is increased demand by hospitals for advanced methods of reprocessing medical equipment to reduce waste and cut equipment costs. According to EcoMENA, the United Arab Emirates generates an estimated 21.5 tons of medical waste, Saudi Arabia generates nearly 80 tons per day and Kuwait around 12 tons. Meile is among the recent companies to showcase its reprocessing products in Arab health exhibition. Thus, it is expected that the rising awareness among the hospital would help to grow the SUDs reprocessing market.
Other major factors responsible are the significance of cost saving in healthcare facilities and positive effects on environmental sustainability.

Major players-
CENTURION MEDICAL PRODUCTS, HYGIA, JOHNSON & JOHNSON, MEDLINE INDUSTRIES, INC., NESCIENTIFIC, INC., RENU MEDICAL, STRYKER, AND VANGAURD AG, amongst others.

Get Quality Discount @ https://marketprognosis.com/discount-request/17027
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Lack of Regulatory Framework
The lack of regulatory framework in the Middle East & African countries hampers the growth of this market. These countries often suffer from the lack of political priority to these issues surrounding the reuse of medical products. It has been observed that Saudi Arabia is in the process of implementing regulatory policy but prohibits the use the re-use of the single-use products. Thus, the above factors impede the growth of reprocessed SUDs market in this region. Another factor impeding this market is the preconceived notion regarding the quality of the devices.

GCC Countries to Dominate the Market
The GCC countries are expected to dominate the market share in this region. The re-use of the SUDs is common throughout the Arab countries, particularly for cardiac catheters. There is a rising demand for class I devices in the GCC countries and companies are increasingly shifting toward the use of reprocessed single-use devices, despite very little evidence of regulatory frameworks.

Browse Report @ https://marketprognosis.com/enquiry/17027
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMarkPvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.