Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 2964.71 Million | USD 7,019.28 Million | CAGR at 10.05% | 2023 |
According to the report published by Zion Market Research, the global Endoscope Reprocessing Market size was valued at USD 2964.71 Million in 2023 and is predicted to reach USD 7,019.28 Million by the end of 2032. The market is expected to grow with a CAGR of 10.05% during the forecast period. The report analyzes the global Endoscope Reprocessing Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Endoscope Reprocessing Market industry.
The endoscope reprocessing includes the sterilization, cleaning, and disinfection of medical equipment. The endoscope reprocessing includes several steps like storage, drawing, cleaning, secondary rinsing, disinfection, and rinsing.
The growing preference for endoscopic procedures along with the increasing risks of endoscope-associated infections is one of the major factors driving the growth of the global endoscope reprocessing market. Endoscope-associated infections are caused due to the utilization of contaminated endoscopes. Improperly reprocessed endoscopes cause several bacterial infections. The endoscope-associated infections lead to bronchoscopes, colonoscopes, and gastro scopes-associated outbreaks. The Pseudomonas aeruginosa and Klebsiella pneumoniae are the major outbreaks in endoscopy owing to their persistence in biofilms.
Also, the heavy tear and wear along with the damage path, including biopsy channels are prone to biofilm formation. The growing geriatric population all across the globe along with the growing adoption rate of endoscopic procedures is likely to propel the growth of the global endoscope reprocessing market during the forecast period. Moreover, there is a significant shift in the emphasis on enhancing the reprocessing guidelines by healthcare authorities all across the globe. The outbreak of Covid-19 will positively shape the trajectory of the global endoscope reprocessing market. Proper reprocessing of the endoscopes is the major issue in otolaryngology and pulmonology to avoid the risk of coronavirus infection.
The growing investments in endoscopic instruments by hospitals will also escalate the growth of the global endoscope reprocessing market. Furthermore, the growing utilization of endoscopic devices both in the diagnosis and treatment of diseases is likely to boost demand for proper endoscope reprocessing. However, the growing technological advancements in the field of medical science are likely to launch more advanced techniques for endoscope reprocessing in the forthcoming years.
The global endoscope reprocessing market can be segmented into end-user, product, and region.
By end-user, the market can be segmented into ambulatory surgical centers & clinics and hospitals. The hospital segment accounts for the largest share in the global endoscope reprocessing market due to the growing funding from the government & prominent market leaders. The growing government initiatives to boost healthcare infrastructure all across the globe will further propel the growth of the segment. However, the growing number of endoscopic surgeries in hospitals is likely to significantly escalate the growth of the segment in the forthcoming years.
By product, the market can be segmented into endoscope tracking solutions, endoscope drying storage & transport systems, automated endoscope reprocessors, detergent & wipes, high-level disinfectants & test strips. The high-level disinfectant & test strips segment holds the largest share in the global endoscope reprocessing market due to the growing incidences of endoscopic associated outbreaks with inadequate disinfecting for cleaning. Also, the growing strict guidelines regarding endoscope reprocessing will further fuel the growth of the segment.
Report Attributes | Report Details |
---|---|
Report Name | Endoscope Reprocessing Market Research Report |
Market Size in 2023 | USD 2964.71 Million |
Market Forecast in 2032 | USD 7,019.28 Million |
Growth Rate | CAGR of 10.05% |
Number of Pages | 185 |
Key Companies Covered | Medical Devices Group Srl, SHINVA MEDICAL INSTRUMENT CO. LTD, Medonica Co. LTD, Summit Imaging, Inc., ATMS, Tuttnauer, Borer Chemie AG, Micro-Scientific, LLC, MEDALKAN, Richard Wolf GmbH, Metrex Research, LLC., ARC Healthcare Solutions, BES Healthcare Ltd, Steelco S.p.A., Custom Ultrasonics, Endo-Technik W. Griesat, Belimed AG, CONMED Corporation, Wassenburg Medical, Getinge AB, STERIS, Ecolab, Olympus Corporation, Advanced Sterilization Products, and Cantel Medical. |
Segments Covered | By End-user, By Product and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America accounts for the largest share in the global endoscope reprocessing market due to the growing incidences of endoscope-associated outbreaks in the region. The presence of robust healthcare infrastructure in the region will further accentuate the growth of the regional market. Furthermore, the presence of favorable reimbursement policies in the region will also encourage the people to adopt endoscopic surgeries, which in turn will promulgate the growth of the regional market.
Asia Pacific is expected to witness a significant growth rate in the forthcoming years due to the increasing disposable income of the people along with growing initiatives from the government to avoid the endoscope reprocessing outbreaks in the region.
Some of the significant players in the global endoscope reprocessing market are:
By End-user
By Product
Global Endoscope Reprocessing Market: Regional Segment Analysis
FrequentlyAsked Questions
The growing preference for endoscopic procedures along with the increasing risks of endoscope-associated infections is one of the major factors driving the growth of the global endoscope reprocessing market. Endoscope-associated infections are caused due to the utilization of contaminated endoscopes. Improperly reprocessed endoscopes cause several bacterial infections.
Some of the significant players in the global endoscope reprocessing market are Medical Devices Group Srl, SHINVA MEDICAL INSTRUMENT CO. LTD, Medonica Co. LTD, Summit Imaging, Inc., ATMS, Tuttnauer, Borer Chemie AG, Micro-Scientific, LLC, MEDALKAN, Richard Wolf GmbH, Metrex Research, LLC.
North America accounts for the largest share in the global endoscope reprocessing market due to the growing incidences of endoscope-associated outbreaks in the region. The presence of robust healthcare infrastructure in the region will further accentuate the growth of the regional market.
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