Global Reprocessed Medical Devices Market to Surpass US$ 5.4 Billion by 2025

Global Reprocessed Medical Devices Market are single-use medical devices, which are recycled by disinfection, cleaning, remanufacturing, testing, packaging and labeling, and sterilization and various other steps to make a used medical devices back in service again. All reprocessed devices are originally labeled as single- use medical devices and need to meet the requirements of the U.S. Food and Drug Administration such as, cleaning, sterility and functionality prior to use.Now mostly hospital outsource the single-used medical devices to get reprocessed by third party. Whereas, continuously increase in amount of medical waste and lack of proper disposal mechanism brings reprocessed medical devices into the market. And hence the reprocessed medical devices annually, around 95% are recycled rather than dumping it into landfills.

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Rise in incidence of cardiovascular disease due to increase in the prevalence of high blood pressure and diabetes worldwide is expected to favor the demand for reprocessed medical devices around the globe. As cardiovascular devices such as blood pressure cuffs, cardiac stabilization and positioning devices, catheters or general surgery devices can be reprocessed.

Also, due to rising demand for minimally invasive treatment laparoscopy is the other factor leading to growth of reprocessed medical devices market in developed as well as developing regions. Where laparoscopic devices such as endoscopic trocars, components and harmonic scalpels.

According to Centers for Disease Control and Prevention in year 2015 number of adults diagnosed by ulcers in the U.S. that was 6.1% of adult diagnosed with ulcers.

The report segments the global reprocessed medical devices market on basis of technique and geography. On the basis of technique, the market is categorized into laparoscopic devices, gastroenterology, general surgery, orthopedic devices and cardiovascular devices.

Global Reprocessed Medical Devices Market, By Technique:

Laparoscopic Devices,Gastroenterology,General Surgery,Orthopedic Devices,Cardiovascular Devices,.

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Key features of the study:

This report provides in-depth analysis of the reprocessed devices market and provides market size (US$ Mn) and Cumulative Annual Growth Rate (CAGR) (%) for the forecast period (2017–2025)

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, pipeline products, regional outlook, and competitive strategy adopted by the leading players

The global reprocessed medical devices market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, medical devices companies, new entrants, and financial analysts

Some of the major companies in the reprocessed medical devices market are Stryker Corporation, Johnson & Johnson, Vanguard AG), Medline ReNewal , SteriPro Canada, Inc., Pioneer Medical Devices AG, Vascular Solutions, Inc., HYGIA Health Services, Inc., ReNu Medical, Inc., SureTek Medical, Centurion Medical Products Corporation and Vanguard AG.

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