Reprocessed Medical Devices Market Size To Hit USD 5.0 Billion By 2022 : Grand View Research Inc.
San Francisco, 5 July 2019: The Report Reprocessed Medical Devices Market Size, Share & Trends Analysis Report By Product (Cardiovascular, Laparoscopic, Gastroenterology, General Surgery, Orthopedic), By End-use, And Segment Forecasts, 2012 – 2022 The global reprocessed medical devices market is expected to reach USD 5.0 billion by 2022, according to a new study by Grand View Research, Inc. The increasing generation of medical waste coupled with the lack of centralized support for waste disposal in the healthcare industry is expected to drive the demand for reprocessed medical devices market. Additionally, the long-term cost-efficiency associated with these devices as compared to that of the original device is the high impact rendering driver of the industry. According to the Association of Medical Device Reprocessors (AMDR),hospitals witness up to 50% cost saving on every purchase of the reprocessed medical device, thereby spending only a limited...