Reprocessed Medical Devices Market Projected to Register 14.9% CAGR Through 2024
Transparency Market Research quotes the Association of Medical Device Reprocessors (AMDR) in estimate that the average hospital could save anywhere between US$500,000 and US$2 million per year by opting for reprocessed medical devices instead of new ones. “The global reprocessed medical devices market approximated US$0.78 billion in 2013 and will expand to touch US$2.58 billion by 2020, translating into an appreciable CAGR of 19.3%.”