Aerial Work Platforms Are Used In Many Different Industries Like Maintenance, Transportation, Storage, Warehousing, Construction And More

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Aerial Work Platforms Aerial work platform is a machine that can lift workers to elevated heights, helping with construction, maintenance, and repairs. Known by various names including boom lift, man lift, and access platform, these machines can help workers reach hard-to-reach locations on the job site. They are typically used to perform tasks such as painting, cleaning, or hanging items, and can be moved around the work area with ease. An aerial work platform is the equipment used for performing tasks at high elevations. It is an essential piece of equipment to get the job done in a safe and effective manner. It helps people perform tasks that would be impossible without it. Aerial lifts come in a variety of models, sizes, and features. Some have special equipment to make them easy to transport and maneuver. They also have features such as compressed air connectors, electrical outlets, under-bridge units, and more. The global Aerial Work Platform Market was valued at US$ 9,045.0 Mn
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Global Single-Use Medical Device Reprocessing Market Is Anticipated To Witness High Demand Owing To Rising Prevalence Of Chronic Diseases And Rising Geriatric Population

Single-Use Medical Device Reprocessing Market

Just like reusing plastic baggies and re-use disposable forks, hospitals often reprocess single-use devices. This practice has gained traction in many countries as it reduces waste, saves money, and improves patient safety. In the US, the FDA regulates which devices can be reprocessed by third-party reprocessors (such as catheters, needles, and syringes) and requires that reprocessors meet high standards of safety and efficacy.


The global Single-Use Medical Device Reprocessing Market size reached US$ 713.8 Million in 2022.


Reprocessing involves the disinfection, cleaning, remanufacturing, testing, packaging, labeling, and sterilization of medical devices before they are used again. The reprocessing of a single-use medical device requires large amounts of water, detergents and chemical disinfectants, specialized cleaning equipment, steam production, and electricity. This has a negative impact on the environment and raises concerns about the safety of reprocessed devices.


Along with the environmental issues, hospitals also face ethical concerns with their device reprocessing policies. Patients may feel that hospitals are practicing 'hidden rationing' by not informing them of the fact that their medical device will be reused and they might question hospital policies on how safe reprocessed devices are.


Market Dynamics:


Growing partnerships among key players are expected to augment the growth of the global single-use medical device reprocessing market over the forecast period. For instance, Medline Industries, Inc. and OU Medicine Inc., declared their USD 235.00 million partnership in December 2020. This partnership has selected Medline as its exclusive distributor for medical products. Moreover, increasing handling risks are anticipated to restrain the growth of the global single-use medical device reprocessing market over the forecast period.


Impact of COVID-19:


The pandemic was first identified in 2019 in China. It had a huge impact on the global economy. The pandemic also had a significant impact on several businesses globally, and it also ruptured the global economy. Manufacturing activities in many regions were hated owing to the strict lockdowns. These restrictions also hampered transportation.


The healthcare sector was the most affected, as the number of COVID-19 cases was increasing on a daily basis. This caused a shortage of drugs, medical equipment, and skilled professionals. This led to an increase in demand for single-use medical device reprocessing. Thus, the pandemic had a positive impact on the growth of the global single-use medical device reprocessing market.


Key Takeaways:


The global Single-Use Medical Device Reprocessing Market is anticipated to witness significant growth, exhibiting a CAGR of 15.5 % over the forecast period, due to increasing product approvals. For instance, Innovative Health LLC gained Clarence for reprocessing Boston Scientific’s INTELLAMAP ORION High-resolution Mapping Catheter in January 2022. This catheter is mostly used for catheter ablation procedures.


The increasing incidence of road accidents that can cause injuries is expected to drive the global Medical Tapes Market Growth over the forecast period.


North America is anticipated to witness high growth in the global single-use medical device reprocessing market over the forecast period, due to the growing cost of reusable medical devices and the increasing prevalence of cardiovascular diseases.


Key players active in the global Single-Use Medical Device Reprocessing Market are Innovative Health, Medline Industries Inc., Stryker Corporation, ReNu Medical, SteriPro, NEScientific Inc., Suretek Medical, Hogy Medical Co., Ltd., Steripro Canada, Innovative Health, Northeast Scientific Inc., and Medtronic Plc.

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