Coherent Market Insights is reporting that the reprocessed medical devices market is expected to surpass $5.4 billion worldwide, by the year 2025. The report attributes the growth to an increase in cardiovascular disease due to increase in the prevalence of high blood pressure and diabetes worldwide which in turn will increase the demand for reprocessed medical devices around the globe. Cardiovascular devices such as blood pressure cuffs, cardiac stabilization and positioning devices, catheters or general surgery devices can be reprocessed.
The rising demand for minimally invasive treatment laparoscopy is another factor leading to growth of the reprocessed medical devices market. Examples of laparoscopic reprocessed devices include endoscopic trocars, components and harmonic scalpels. Read More.