Endoscope Reprocessing Market 2020 Future Outlook | Top Players - Cantel Medical, Laboratoires Anios, Olympus Corporation, HOYA Corporation, STERIS plc., Steelco SpA, Getinge AB

The primary sources employed while generating this Endoscope Reprocessing Market report include the industry experts from the industry comprising the management corporation, processing organizations, analytical service suppliers of the industry’s value chain. All primary sources are interviewed to accumulate the data and validate qualitative & quantitative information and conclude future prospects. Secondary research consists of key data about the industry value chain, the complete pool of major players, and application areas. The Endoscope Reprocessing Market report assist in market segmentation according to industry latest & upcoming trends to the bottom-most level, topographical markets and key advancement from both market and technology aligned perspectives.

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Market Analysis: Global Endoscope Reprocessing Market 

Global Endoscope Reprocessing Market is expected to rise from its initial estimated value of USD 1.57 billion in 2018 to an estimated value of USD 2.97 billion by 2026, registering a CAGR of 8.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing numbers of endoscopy procedures and therefore requiring the need for endoscope reprocessing.

Key Market Competitors: Global Endoscope Reprocessing Market 

Few of the major competitors currently working in the endoscope reprocessing market are Advanced Sterilization Products Division Ethicon US LLC., Cantel Medical, Laboratoires Anios, Olympus Corporation, HOYA Corporation, Custom Ultrasonics inc., STERIS plc., Steelco SpA, Getinge AB, ENDO-TECHNIK W. Griesat GmbH, BES Rehab Ltd, ARC Group of Companies Inc., SciCan Inc., SHINVA MEDICAL INSTRUMENT CO. LTD., ARC Group of Companies Inc., MATACHANA GROUP, CHOYANG, DGM Infection Control Systems, MMM Group, Belimed, and Metrex Research LLC.

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Market Definition: Global Endoscope Reprocessing Market

Endoscope reprocessing is the act of sterilizing, disinfecting and cleaning of endoscopic equipment. This reprocessing of equipment is carried out so that the reuse of this equipment doesn’t result in transferring of any microbes or infection from patients. Reprocessing involves three major prevention of infection acts, namely; cleaning, disinfection, sterilization. After the reprocessing is carried out and is complete, the equipment is ready for re-use.

According to iData Research, there were around 75 million of endoscopy procedures performed in United States in 2017, this number means that the requirement of endoscope reprocessing is on high demand so as to prevent the transferring of any microbes or decrease any chances of causing infections.

Segmentation: Global Endoscope Reprocessing Market 

Endoscope Reprocessing Market : By Product

High-Level Disinfectants & Test Strips
Detergents & Wipes
Automated Endoscope Reprocessors (AERs)
Endoscope Tracking Systems
Others

Endoscope Reprocessing Market : By End-User

Hospitals
Ambulatory Surgical Centers
Others
Clinics

Endoscope Reprocessing Market : By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Key Developments in the Market:

In July 2017, The Accreditation Association for Ambulatory Health Care (AAAHC) released a new apparatus to enable better flexible endoscope reprocessing according to the instructions and checklists.

In June 2018, Association for Professionals in Infection Control and Epidemiology took place in Minneapolis, United States from June 13-15 discussing the latest industry methods and practices for the prevention of infections.

Endoscope Reprocessing Market Drivers:

Increased number of endoscopy procedures and risks related with the transferring of infections due to the lack of proper cleaning is expected to drive the market growth

Increased amounts of investments from government and private enterprises in the advancements of endoscopy instruments and procedures is expected to drive the market growth

Endoscope Reprocessing Market Restraints:

High cost of endoscopy procedures and reprocessing of these equipment is expected to restrain the market growth

Absence of technically skilled professionals required for the usage of these procedures is expected to restrain the market growth

Customization of the Report:

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Reasons to Purchase this Report:

Current and future of global endoscope reprocessing market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

Endoscope Reprocessing Market analysis report offers strategic & tactical support to clients for making well-informed business decisions. DBMR team provides customization of this market report according to the business needs. Contact sales team, who will assure to get a report that suits the necessities. The report carefully examines the global Endoscope Reprocessing Market, with a focus on most of the major players and their business strategies, geographical scope, market segments, product landscape and price, and cost structure. Such market report is made available for industries, individuals, and organizations across the globe, and offerings are delivered in the shortest possible turnaround time.

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