1. © Coherent market Insights. All Rights Reserved REPROCESSED MEDICAL DEVICES MARKET Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024 © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Reprocessed or refurbished medical devices are devices that have been previously used and by performing certain validated processes such as disinfection and sterilization, are readied for use again. Reprocessing involves three steps that are point of use processing, thorough cleaning, and disinfection or sterilization. After performing these tasks the device is tested, if necessary remanufacturing is also performed and then packaging and labelling is carried out. These devices usually cost a fraction of the original new device and thus, are widely preferred in cost- sensitive regions such as India and China. Request Sample Copy of the Business Report: https://www.coherentmarketinsights.com/insight/request-sample/234 https://www.coherentmarketinsights.com/insight/request-sample/234 As per the stats of Association of Medical Device Reprocessors (AMDR), around 2 million tons of waste generated by U.S. hospitals each year and millions of waste include functional medical devices which are used only single time and the medical waste is the major source causes to production of carcinogens, therefore the increasing medical waste is harmful for the environment also. The rising healthcare cost and the low cost of reprocessed devices are major factors observed behind the market growth, as hospitals try to reduce the expenditure without compromising on quality and performance of medical devices Reprocessed Medical Devices Market Overview

3. © Coherent market Insights. All Rights Reserved Reprocessed medical devices market taxonomy: Global Market, by Product Type Non-invasive Devices Orthopedic Devices Diagnostic Imaging Devices Surgical Devices Cardiac Equipment Opened but Unused Devices Global Market, by Geography North America Europe APAC Latin America Middle East Africa Request a Customization: https://www.coherentmarketinsights.com/insight/request-customization/234 https://www.coherentmarketinsights.com/insight/request-customization/234 REPORT DESCRIPTION

4. © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Cost effectiveness, equivalent performance to the original devices, warranty and availability of sources driving growth of reprocessed medical devices market As per stats of the United States International Trade Commission (USITC), U.S is the largest market and it accounted more than 35% of the global market in the year 2011. Original equipment manufacturers (OEMs) holds major share in sales of reprocessed medical devices market in the U.S. This is mainly attributed to their robust sales and distribution network. However, some foreign countries account for a significant percentage of their sales. For example, the market in countries such as Italy, India, Brazil, South Korea, Japan, Spain, and Portugal account for 45 percent of GE Healthcare’s sales of reprocessed medical devices. Also, for the U.S., Europe is the major supplier region for reprocessed devices, followed by Canada and Mexico. Also, the USITC stats indicate that the production of reprocessed devices increased by 12% during 2009-2011. This is mainly attributed to production capacity expansion by a large number of medical device remanufacturers during this period. The 2008-2009 recession was the supportive factor behind this growth, as during this period various patients lost their medical insurance and it affected the reimbursement of devices, which in turn led to uptake of cost-effective devices. Get Exclusive Discount on this CMI Report: https://www.coherentmarketinsights.com/insight/request-discount/234 https://www.coherentmarketinsights.com/insight/request-discount/234

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6. © Coherent market Insights. All Rights Reserved  Global Leading Equipment and System Manufacturers  Component Providers and System Integrators  Distributors, Retailors and Value Added Resellers  Healthcare IT Solutions Developers  Marketing Consultancies and the Advertising Industry  Private and Government organization  Outsourcing Companies  Universities and Business Schools. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGYCLINICAL DIAGNOSTICHEALTHCARE IT PHARMACEUTICALMEDICAL IMAGINGMEDICAL DEVICES OUR CLIENTS

7. © Coherent market Insights. All Rights Reserved Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. ABOUT US RESEARCH SOLUTIONS GLOBAL REPORTS FEASIBILITY STUDIES TECHNOLOGY SNIPPETS EXCEL FORECAST DATABASE COMPETITIVE ASSESSMENT SURVEY RESEARCH CUSTOMIZED SOLUTIONS CONSULT PROJECTS COUNTRY ANALYSIS KEY STATS Insights Published Per Year Consulting Projects Till Date Clients Worldwide Per Year Analysts and Contract Consultants 100+ 150+ 125+ 110+

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