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Endoscopy Infection control Market Was Valued at USD 895.9 million in 2021, the growth is attributed to the Increased Prevalence of gastrointestinal disorders
According to Precision Business Insights (PBI) latest report The Global Endoscopy Infection control market is expected to be worth USD 1,040.1 million in 2022, growing at a 16.6% CAGR from 2022 to 2028. Global Endoscopy Infection Control Market segmented into following types: By Product Type (Enzymatic Detergents, Bite Blocks, Transport Pads, Endoscopic Procedure Kits, Endoscopic Gowns, Valves, and Valve Kits, Indicator Solutions, Others), By End User (Hospitals and Clinics, Ambulatory Surgical Centers, Others), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) Forecast to 2028. Key player's profiles in the Endoscopy Infection control market report are 3m Company, Belimed Ag., Ecolab Inc, Fortive Corporation (Advanced Sterilization Products)., Genitge Ab., Matachana Group, Miele Group. (Steelco), Mmm Group, Sotera Health Inc., Steris Plc (Cantel Medical Corporation). Increasing awareness pertaining to endoscopic procedures and the availability of various types of endoscopes is driving the demand and supply of these devices. Moreover, the demand for endoscopes is high because they are minimally invasive devices, have better ergonomics, safety, and efficacy. Furthermore, increasing focus of manufacturers on offering training for optimal use advanced flexible endoscopes will impel the market growth. Moreover, increasing elderly population is identified to be prone to medical conditions that require endoscopic procedures, such as endometriosis, intestinal perforation, pelvic abscess, gall stones, and liver abscess. According to a study by Population Reference Bureau, the number of people aged 65 years or above in the U.S. was estimated at 52.0 million in 2018 and is expected to cross 95 million by 2060. This is projected to boost the demand for endoscopic procedures over the forecast period.View Detailed Report Description at https://precisionbusinessinsights.com/market-reports/endoscopy-infection-control-market/
Endoscopy Gowns Dominate the Endoscopy Infection control Market
Based on the type of the global endoscopy infection control market is segmented into enzymatic detergents, bite blocks, transport pads, endoscopic procedure kits, endoscopic gowns, valves, and valve kits, indicator solutions, others. In Which Endoscopy Gowns segment is dominating the market due to increased public awareness of personal hygiene, an increase in the number of surgeries, an increase in the adoption of medical woven products, gowns, growls are the major factors driving the infection control market's growth.
Asia-Pacific Leads Endoscopy Infection Control Market
The Asia Pacific accounted to have a prominent share in the global endoscopy infection control market and the market is anticipated to rise at a significant CAGR over the forecast years owing to several endoscopy equipment manufacturers setting up their facilities in the Asia Pacific, Middle East, and Latin America. For instance, Key players such as Stryker and KARL STORZ have already set up their manufacturing and R&D facilities in these countries. In addition, market saturation in developed regions, such as North America and Europe, will further compel manufacturers to focus on emerging markets in the coming years.
Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
Global Endoscopy Infection control market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In July 2016, Olympus opened its Thai Training and Education Center (T-TEC) in Thailand. This training center is dedicated to delivering endoscopy and surgical training to medical practitioners in the Southeast Asian region.
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The endoscopy infection control market detailed segmentation:
Based on the Product Type, the market is segmented into the following:
• Enzymatic Detergents, Bite Blocks
• Transport Pads
• Endoscopic Procedure Kits
• Endoscopic Gowns
• Valves
• Valve Kits
• Indicator Solutions
• Others
Based on the, By End User, the market is segmented into the following:
• Hospitals and Clinics
• Ambulatory Surgical Centers
• Others
Based on Geography, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• MEA
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About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
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