Press release
Valuation Of Endoscope Reprocessing Is Expected To Grow At US$ 6.0 Billion By 2031 | Ecolab, STERIS, Steelco S.p.A.
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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.
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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.
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Market Segments
By Product
High Level Disinfectants and Test Strips
Detergents & Wipes
Automated Endoscope Reprocessors
Endoscope Drying, Storage, & Transport Systems
Endoscope Tracking Solutions
Others
By End User
Hospitals
Ambulatory Surgical Centers & Clinics
Others
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), Richard Wolf GmbH (Germany), MEDALKAN (Greece), Micro-Scientific, LLC (US), Borer Chemie AG (Switzerland), Tuttnauer (Netherlands), ATMS (Canada), Summit Imaging, Inc. (US), Medonica Co. LTD (South Korea), SHINVA MEDICAL INSTRUMENT CO. LTD (China), and Medical Devices Group Srl (Italy) among others.
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