Press release
Endoscopy Market to grow with USD 6.0 billion by 2031 CAGR during 2021 to 2031
According to a new market research report published by Global Insight Services " endoscope reprocessing Market is expected to reach USD 6.0 billion by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.The medical equipment is cleaned, sterilized, and disinfected as part of the endoscope reprocessing procedure. The endoscope reprocessing process includes a number of processes, including cleaning, drying, disinfection, secondary raising, and storing. The market for disinfection technologies is expanding, which is fueling the expansion of endoscope reprocessing. Due to a focus on strict cleaning requirements and growing demands for sterilized and disinfected medical devices in hospitals and clinics, the endoscope reprocessing industry is booming.
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Major Players in the Global Endoscope Reprocessing Market
The key players studied in the global endoscope reprocessing market are Cantel Medical (US), Advanced Sterilization Products (ASP) (US), Olympus Corporation (Japan), Ecolab (US), STERIS (Ireland), Getinge AB (Sweden), Wassenburg Medical (Netherlands), CONMED Corporation (US), Belimed AG (Switzerland), Endo-Technik W. Griesat (Germany), Custom Ultrasonics (US), Steelco S.p.A. (Italy), BES Healthcare Ltd (UK), ARC Healthcare Solutions (Canada), Metrex Research, LLC. (Canada)
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Market Trends and Drivers
Endoscopy is being utilized more frequently for the diagnosis and treatment of a number of serious conditions, including cancer, orthopedic, neurological, and acid reflux problem (GERD). 457 960 new cases of cancer were detected in the UK in 2020, while GLOBOCAN 2021 predicts that by 2040, there will be 27.5 million cases worldwide (an increase of 61.7 percent). As a result, there will be a considerable increase in the frequency of cancer surgeries; for example, about 80% of cancer cases will probably need surgery (Source: Lancet Commission on Global Surgery). The increasing prevalence of target diseases, such as cancer, neurodegenerative, infectious, immunological, metabolic, and cardiovascular diseases, is therefore anticipated to increase the need for endoscopic procedures, which in turn would drive the growth of the endoscopy equipment market in the future.
Reasons to buy Endoscopy Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
• How is the market structured and what the key drivers and trends of this industry?
• How is the market segmented and what is the size of each segment?
• Which segments and geographies provide best growth opportunities?
• What's the competitive landscape and positioning of players in this market?
• What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm
headquartered in Delaware, US. We are committed to providing our clients
with highest quality data, analysis, and tools to meet all their market research
needs. With GIS, you can be assured of the quality of the deliverables, robust
and transparent research methodology, and superior service.
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