Latest Trends - Endoscope Reprocessing Market (2017 to 2022) - Growth Factors, Business Developments, Segmentation and Technologies

Report analyzes endoscope reprocessing market & aims at estimating market size & growth potential of this market based on various segments such as product, end user, & region. Report also includes competitive analysis of key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.

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The global endoscope reprocessing market is estimated to grow at a CAGR of 8.6% from 2017 to 2022, to reach USD 2.15 billion by 2022 in 2022 from USD 1.42 billion in 2017. Factors such as high risk of infections associated with improper sterilization of endoscopes, increasing investments, funds, and grants by government bodies across the globe, rising number of hospitals and growing hospital investments in endoscopy instruments.

Factors such as high cost of endoscopy procedures & reprocessing equipment and limited reimbursements in developing countries, and concerns regarding the safety of reprocessed instruments is increasing the preference for single-use instruments are expected to restrain the growth of endoscope reprocessing market.

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Geographically, North America is estimated to account for largest share of endoscope reprocessing market, followed by Europe. In the US, the market is driven by the favorable reimbursement scenario, rising incidence of cancer, increasing investments by hospitals to purchase new endoscopic equipment, and increasing incidence of endoscope-related infections.

Key Target Audience Covered in this report Endoscopes and related devices manufacturing companies, Suppliers and distributors of endoscopy devices, Hospitals, diagnostic centers, and medical colleges, Independent surgeons and private offices of physicians, Ambulatory surgery centers, Teaching hospitals and academic medical centers (AMCs), Government bodies/municipal corporations, Regulatory bodies, Business research and consulting service providers, Venture capitalists and Market research and consulting firms.

Various players in endoscope reprocessing market include Advanced Sterilization Products (ASP) (US), Cantel Medical (US), Laboratories Anios (France), Olympus (Japan), Wassenburg Medical (The Netherlands), Custom Ultrasonics (US), STERIS (US), Steelco (Italy), Getinge (Sweden), ENDO-TECHNIK (Germany), BES Decon (UK), ARC Healthcare Solutions (Canada), and Metrex Research (US) among others.

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The report analyzes endoscope reprocessing market by product, end user and region. On the basis of products, the market is segmented into high-level disinfectants and test strips; detergents and wipes; endoscope tracking systems; endoscope drying, storage, and transport systems; automated endoscope reprocessors (AERs); and other products (brushes and flushing aids, leak testers, hookups, and sponges).

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