Reprocessed Medical Device Market Key Players Forecast To 2028

January 11, 2023 1 Min read Views 98 BUSINESS

The global reprocessed medical devices market was valued at USD 823.7 Million in 2021 and is anticipated to grow at USD 1,756 Million by 2028 recording a CAGR of 16.6% during the forecast period 2022-2028. The medical gadget life cycle includes reprocessing. Cleaning, sterilising, testing, remanufacturing, disinfecting, packing, and labelling a used, expired, and undamaged medical device to make it patient-ready at a significantly lower cost is known as reprocessing of medical devices. It is a technique or treatment that is performed on medical devices before they are reused. The market is being propelled forward by rising hospital spending on medical gadgets and a high level of medical waste.

Tags: Reprocessed Medical Device Market
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