Press release
Global Automated Endoscope Reprocessors Market Revenue To Hit Nearly $725.3 Million By 2030
The global automated endoscope reprocessors industry size was nearly $432.1 million in 2021 and is set to increase to about $725.3 million by 2030 with a CAGR of nearly 6.0% between 2022 and 2030.Automated endoscope reprocessors is medical equipment that are extensively utilized in healthcare settings for sterilizing endoscopes such as duodenoscopes and related accessories. Reportedly, the duodenoscopes are sterilized each time before they get in contact with the patient. Furthermore, automated endoscope reprocessors help in killing microbes at high intensity and thus make them safer for re-use. The medical devices are categorized under class II equipment.
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Growth of the global automated endoscope reprocessors market over the forecast timeline can be attributed to the rise in the rate of hospital-acquired infections. Apart from this, a prominent increase in multiple infection outbreaks owing to faulty endoscopic reprocessing manually as a result of human-made errors in cleansing endoscopes will boost global industry trends. In addition, a surge in the number of gastrointestinal ailments in various parts of the world will create huge demand for automated endoscope reprocessors. Furthermore, the rise in demand for portable automated endoscope reprocessors due to user convenience will prop up the scope of the global market growth. Apparently, the preference of patients for lesser stay at hospitals will contribute notably towards the revenue of the global market.
However, the complex design and huge costs of automated endoscope reprocessors have posed a threat to the expansion of the global automated endoscope reprocessors market. In addition, this equipment is difficult to clean and sanitize and this factor can hinder the growth of the global market. Nevertheless, an increase in the number of emergency surgeries is set to create new growth opportunities for the global industry.
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The global automated endoscope reprocessors market is divided into product type, modality, end-user, and region.
On the basis of product type, the global automated endoscope reprocessors industry is sectored into single basin automated endoscope reprocessors and dual basin automated endoscope reprocessors. Furthermore, the dual basin automated endoscope reprocessors segment is expected to dominate the growth of the segment over the anticipated period. The growth of this segment from 2022 to 2030 can be attributed to the ability of dual basin automated endoscope reprocessors in consecutive monitoring endoscopy channels for the blockade. Apart from this, the automated endoscope reprocessor can help in disinfecting the endoscope.
Based on the end-user, the global automated endoscope reprocessors market is segmented into ambulatory surgical centers, clinics, and hospitals. Furthermore, the hospitals segment is slated to lead the segmental surge in the next eight years. The growth of the segment over the forecast period can be attributed to the massive demand for advanced automated endoscope reprocessors in hospitals owing to strict government guidelines pertaining to disinfection of endoscope equipment for avoding infection to patients.
In terms of modality, the global automated endoscope reprocessors market is divided into standalone automated endoscope reprocessors and bench top automated endoscope reprocessors. In addition, the standalone automated endoscope reprocessors segment is predicted to lead the segmental growth over the assessment timespan. The expansion of the segment over the projected timeline is credited to large-scale demand for standalone automated endoscope reprocessors owing to a surge in the incidences of infectious ailments and the need for user-friendly equipment.
North America is projected to dominate the growth of the global automated endoscope reprocessors industry over the forecast timeframe subject to the growing presence of giant players in the sub-continent. Apart from this, low costs and a rise in the efficiency rate will boost regional market trends.
This review is based on a report by Zion Market Research, titled "Automated Endoscope Reprocessors Market By Product Type (Single Basin Automated Endoscope Reprocessors and Dual Basin Automated Endoscope Reprocessors), By Modality (Standalone Automated Endoscope Reprocessors and Bench top Automated Endoscope Reprocessors), By End User (Ambulatory Surgical Centers, Hospitals, and Clinics), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 - 2030."- Report at https://www.zionmarketresearch.com/report/automated-endoscope-reprocessors-market
Recent Developments:
In November 2022, PENTAX Medical, a key Canadian healthcare player in diagnostic and therapeutic endoscopy, introduced a novel Performance Endoscopic Ultrasound tool. The strategic move will contribute majorly to the business portfolio of the firm and will augment the growth of the global automated endoscope reprocessors market.
In October 2020, Olympus introduced OER-Elite endoscope reprocessor, a next-gen automated endoscope reprocessor. For the record, the new product acquires a high proportion of disinfection with the use of Acecide-C®. In addition, the new product also provides a cleaning cycle through the combined use of ultrasonic cleaning and EndoQuick alkaline detergent. The initiative will expand the product line of the firm and boost the industry growth in the years ahead.
Key participants profiled in the global automated endoscope reprocessors industry include:
Cantel Medical Corp.
Custom Ultrasonics Inc.
Steelco S.p.A.
STERIS Plc.
Hoya Corporation
Getinge AB
Olympus Corporation
Laboratory Anios
Advanced Sterilization Products Services Inc
Metull Zug AG
Johnson & Johnson.
The global automated endoscope reprocessors market is segmented as follows:
By Product Type
Single Basin Automated Endoscope Reprocessors
Dual Basin Automated Endoscope Reprocessors
By Modality
Standalone Automated Endoscope Reprocessors
Bench top Automated Endoscope Reprocessors
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By End User
Ambulatory Surgical Centers
Hospitals
Clinics
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Key Offerings:
Market Size & Forecast by Revenue | 2022-2030
Market Dynamics - Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
Market Segmentation - A detailed analysis By Product Type, By Modality, By End User And By Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
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