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Reprocessed Medical Devices Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2025

Author : Ronak Bora | Published Date : 2020-09-11 

Reprocessed Medical Devices Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Rising number of chronic diseases like cancer and cardiovascular diseases worldwide will upsurge reprocessed medical devices market share. Growing prevalence of these long-standing diseases can be seen in many countries. As per the American Health Association statistical report, in 2017, nearly 92 million American adults either had cardiovascular disease or symptoms of stroke.

Reprocessed devices happen to be ecofriendly in nature, reduce expenditure cost of hospitals and offer reliable healthcare solutions. The cost-effectiveness of reprocessed medical devices will act as another positive impact of the product. By reducing the expenses of buying new healthcare devices, it plays a pivotal role in medical waste management system.

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Increasing heart related diseases will trigger demand for various medical devices and equipment such as non-invasive devices and blood pressure cuffs. And according to new study, global reprocessed medical device market size is expected to reach US$3 billion by 2025 in terms of annual valuation.

With rising incidence of arthritis and osteoporosis across the globe, especially among the elderly population, the need for reprocessed orthopedic and arthroscopic devices has increased in recent years. Orthopedic/arthroscopic product segment accounted for 12% revenue share of overall reprocessed medical devices industry in 2018.

Meanwhile, reprocessed laparoscopic devices are poised to witness a notable demand in the future, with increasing number of patients suffering from surgical site infections.

From a geographical point of view, India reprocessed medical devices industry size is estimated to witness one of the fastest growth rates, reaching US$125 million by 2025. The reginal demand for reprocessed medical equipment can be associated with a large patient population suffering from numerous chronic diseases.

With increased disposable income levels, the demand for high-quality patient care has also increased. Favorable regulations pertaining to medical waste management should complement the reginal outlook.

Risks associated with use of reprocessed medical equipment in surgical applications may limit the product demand slightly. However, with appropriate use of reusable medical devices, the healthcare industry can save billions of dollars annually while limiting biomedical waste generation.

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/reprocessed-medical-devices-market

Partial Chapter of the Table of Content 

Chapter 4. Reprocessed medical devices Market, By Product

4.1. Key segment trends

4.2. Cardiovascular medical devices

4.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.2.2. Blood pressure cuffs/tourniquet cuffs Market size, by region, 2014-2025 (USD Million)

4.2.3. Electrophysiology cables Market size, by region, 2014-2025 (USD Million)

4.2.4. Cardiac stabilization and positioning devices Market size, by region, 2014-2025 (USD Million)

4.2.5. Diagnostic electrophysiology catheters Market size, by region, 2014-2025 (USD Million)

4.2.6. Deep vein compression sleeves (DVT) Market size, by region, 2014-2025 (USD Million)

4.3. Gastroenterology and urology

4.3.1. Market size, by region, 2014 – 2025 (USD Million)

4.3.2. Gastroenterology biopsy devices Market size, by region, 2014-2025 (USD Million)

4.3.3. Urology biopsy devices Market size, by region, 2014-2025 (USD Million)

4.4. Orthopedic/arthroscopic

4.4.1. Market size, by region, 2014 – 2025 (USD Million)

4.5. Laparoscopic

4.5.1. Market size, by region, 2014 – 2025 (USD Million)

4.5.2. Harmonic scalpels Market size, by region, 2014-2025 (USD Million)

4.5.3. Endoscopic trocars and components Market size, by region, 2014-2025 (USD Million)

4.6. General surgery equipment

4.6.1. Market size, by region, 2014 – 2025 (USD Million)

4.6.2. Infusion pressure bags Market size, by region, 2014-2025 (USD Million)

4.6.3. Balloon inflation devices Market size, by region, 2014-2025 (USD Million)

Chapter 5. Reprocessed Medical Devices Market, By End-use

5.1. Key segment trends

5.2. Ambulatory surgical centers

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.3. Hospitals

5.3.1. Market size, by region, 2014-2025 (USD Million)

5.4. Clinics

5.4.1. Market size, by region, 2014-2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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