JERSEY CITY, NJ, December 16, 2021 / PRNewswire / – Verified Market Research recently published a report, “Endoscope Reprocessing Market“By end user (hospitals, outpatient centers), by product (high level disinfectants and test strips, detergents and wipes, automated endoscope reprocessors) and by geography. According to verified market research, the size of the global reprocessing market endoscopes was assessed at $ 1.50 billion in 2020 and should reach $ 2.75 billion by 2028, with a CAGR of 7.9% from 2021 to 2028.
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202 – Pages
126 – Tables
37 – Figures
Overview of the Global Endoscope Reprocessing Market
The growth of the global endoscope reprocessing market is driven by the increasing incidence of endoscopy related infections. Hospitals are investing heavily in endoscopy instruments. The increasing prevalence of diseases requiring endoscopy procedures further enhances the growth of the global endoscope reprocessing market. Governments are also allocating funds, grants, which might propel the growth of the Endoscope Reprocessing market in their respective countries.
The growing preference for endoscopic procedures, the high risk of infections associated with endoscopes, the increase in the elderly population and the consequent increase in endoscopic procedures, as well as the growing importance of informative reprocessing procedures by healthcare facilities in the market throughout the forecast period, help to strengthen the market growth. In addition, the increasing demand for surgeries with faster recovery, as well as less post-operative infections, less scarring, less pain, better bleeding control as well as improved accuracy are expected to increase the demands many endoscopy devices.
In addition, with increased vigilance and development of per capita income, with the increasing number of clinics and hospitals as well as the large patient population, the need for better quality health services has improved in these countries. In addition, many technologically advanced countries are planning to invest heavily in research and development, the manufacture of new drugs and medical devices in these countries is driving the medical device markets, hence the growth of the medical device industry in economic development opens up market opportunities.
Partnerships, collaborations and agreements
- In december 2020, Cantel Medical and Censis Technologies have entered into a partnership to develop a differentiated software solution for endoscope reprocessing.
- In October 2019, Cantel completed the acquisition of Hu-Friedy.
- In april 2018, Cantel Medical has announced that it has received 510 (k) clearance for its new automated endoscope preprocessor.
The main market players are Advanced Sterilization Products (A Johnson & Johnson Company), Cantel Medical, Laboratories Anios (A subsidiary of Ecolab Inc.), Olympus, Wassenburg Medical (A member of Hoya), Custom Ultrasonics, Steris, Steelco, GetingÃ©, Endo-Technik W. Griesat, BES Decon (a division of BES Rehab Ltd), ARC Healthcare Solutions, Metrex Research.
Verified market research segmented the global endoscope reprocessing market on the basis of end user, product, and geography.
- Endoscope Reprocessing Market, By End User
- Ambulatory centers
- Endoscope Reprocessing Market, By Product
- High level disinfectants and test strips
- Detergents and wipes
- Automated endoscope reprocessors
- Single-basin automated endoscope reprocessors
- Dual Basin Automated Endoscope Reprocessors
- Endoscope drying, storage and transport systems
- Endoscope tracking systems
- Endoscope Reprocessing Market By Geography
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- Latin America
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