The latest research study "Single-use Medical Device Reprocessing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that The global single-use medical device reprocessing market size reached US$ 713.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,543.0 Million by 2028, exhibiting a growth rate (CAGR) of 12.94% during 2023-2028. Single-use medical device reprocessing represents detailed procedures for cleaning and disinfecting or sterilizing single-use medical devices, which include orthopedic blades, cardiac catheters, compression sleeves, pulse oximeter sensors, etc., to meet the re-usage parameters. They can be performed either by third-party processing firms or in-hospital processing units. Single-use medical device reprocessing methods ensure sustainability as they provide reliable and low-cost solutions to decrease the financial and environmental burden of providing quality care. Consequently, they find extensive applications in hospitals and ambulatory surgical centers across the globe. Request a free sample brochure: https://www.imarcgroup.com/single-use-medical-device-reprocessing-market/requestsample Single-use Medical Device Reprocessing Market Trends and Drivers: The escalating cost pressure in healthcare establishments, on account of the inflating price of original medical equipment, is among the key factors driving the single-use medical device reprocessing market. Apart from the increasing penetration of single-use medical devices in mid-sized and small hospitals is acting as another significant growth-inducing factor. Moreover, the launch of several favorable regulatory standards by government bodies across countries aimed at encouraging the adoption of reprocessed medical devices and promoting lucrative opportunities for the leading market players to extend their geographic presence is also positively influencing the global market. In addition to this, the shifting preferences toward advanced reprocessing technologies, owing to the expanding healthcare facilities and the growing incidences of chronic disorders leading to an increased number of surgical procedures, are further stimulating the market growth. Besides this, the emerging trend of sustainable development, the elevating technological advancements in medical equipment manufacturing and refurbishing, and the rising expenditure in research and development (R&D) activities are expected to catalyze the single-use medical device reprocessing market over the forecasted period. Click here to view detailed information with table of content: https://www.imarcgroup.com/single-use-medical-device-reprocessing-market Single-use Medical Device Reprocessing Market Report Segmentation: List of Major Key Players: Arjo Inc., Innovative Health, Johnson & Johnson, Medline Industries LP, NEScientific Inc., Steripro Canada, Stryker Corporation, SureTek Medical and Vanguard AG. The report has been segmented the market into following categories: Breakup by Device Type:
- Class I Devices
- Laparoscopic Graspers
- Scalpels
- Tourniquet Cuffs
- Other Class I Devices
- Class II Devices
- Pulse Oximeter Sensors
- Sequential Compression Sleeves
- Catheters and Guidewires
- Other Class II Devices
- General Surgery
- Anesthesia
- Arthroscopy and Orthopaedic Surgery
- Cardiology
- Gastroenterology
- Gynaecology
- Urology
- Others
- Hospitals
- Ambulatory Surgical Centers
- Others
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa