AnalystView Market Insights predicts global reprocessed medical device market to grow at 17.4 percent and reach $5.6 billion by 2025.
“The global reprocessed medical devices market is expected to grow at the growth rate of 17.4% to reach USD 5.6 billion by 2025. ….”
“According to the Medical Waste Management Association, reprocessing of medical equipment decrease the production cost by more than 50%. Thereby, rising demand for cost-effective medical devices coupled with favorable government initiatives augments the industry growth significantly…..”