Reprocessed Medical Devices Market to Cross the $3 Billion Mark By 2024: Fractovia Reprocessed Medical Devices Market 2018-2024: This research reviews the overall reprocessed medical devices industry, which according to a report by Global Market Insights, Inc., is growing at more than 14% CAGR during 2017 and 2024 to hit the $3bn revenue mark. Growth Drivers: • • •
Favorable regulatory landscape regarding sustainable waste disposal methods. Affordable costs coupled with the strengthening network of distributors in emerging economies. Growing use of reprocessed products in numerous cardiac surgeries and blood pressure monitoring applications.
Segmentations covered under Reprocessed Medical Devices Market Report based on Product: 1. Based on Product: Cardiovascular medical devices (Blood pressure cuffs/tourniquet cuffs, Electrophysiology cables, Cardiac stabilization and positioning devices, Diagnostic electrophysiology catheters, & Deep vein compression sleeves), Gastroenterology and urology (Gastroenterology biopsy devices, & Urology biopsy devices), Orthopedic/arthroscopic (External fixation devices), Laparoscopic (Harmonic scalpels, & Endoscopic trocars and components), & General surgery equipment (Infusion pressure bags & Balloon inflation devices) 2. Based on End-Use: Ambulatory surgical centers, Hospitals, & Clinics Key Data Points from Reprocessed Medical Devices Market Analysis: Rising prevalence of chronic diseases that further lead to upsurge in surgical procedures drives reprocessed medical devices market size during the forecast timeframe.
1|Page