Global Reprocessed Medical Devices Market – Rising Medical Waste and Demand to Reduce Healthcare Expenses to Benefit the Market Globally

Global Reprocessed Medical Devices Market – Rising Medical Waste and Demand to Reduce Healthcare Expenses to Benefit the Market Globally

Transparency Market Research

Cardiovascular Devices Take the Lead

The global reprocessed medical devices market is expected to exhibit an exceptional 19.3% CAGR by revenue over the period between 2014 and 2020. The market had a revenue-wise valuation of US$898.7 mn in 2015. In terms of volume, the global market is expected to rise to 56.04 mn by 2020. The segment of cardiovascular devices saw the most traction, with 13.69 mn devices reprocessed and/or sold globally in 2015. In terms of revenue as well, the segment of reprocessed cardiovascular devices held the dominant position, with a valuation of US$599.3 mn in the same year. Geography-wise, North America emerged as the clear leader in the global reprocessed medical devices market as of 2015.

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By | 2017-09-06T17:17:52+00:00 August 26th, 2016|Uncategorized|Comments Off on Global Reprocessed Medical Devices Market – Rising Medical Waste and Demand to Reduce Healthcare Expenses to Benefit the Market Globally