Press release
Global Endoscope Reprocessing Market Poised for Expansion - Key Trends & Forecast | Cantel Medical, Ecolab Inc, STERIS plc., Olympus Corporation, Getinge AB
The Global Endoscope Reprocessing Market reached US$ 2.3 billion in 2022 and is expected to reach US$ 4.5 billion by 2030 growing with a CAGR of 9.2% during the forecast period 2024-2031).Endoscope Reprocessing Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Endoscope reprocessing is the thorough cleaning, disinfection, and sterilization of endoscopes to prevent infections and ensure patient safety. It involves multiple steps, including pre-cleaning, high-level disinfection, and drying, following strict guidelines to maintain hygiene in medical procedures.
List of the Key Players in the Endoscope Reprocessing Market:
Cantel Medical, Ecolab Inc, STERIS plc., Olympus Corporation, Getinge AB, Belimed AG , CONMED Corporation, Laboratoires Anios, SciCan Inc., HOYA Corporation
Industry Development:
On June 13, 2023, Olympus launched the Olympus ETD, an advanced endoscope reprocessing system available in two versions-ETD Basic and ETD Premium. Designed for enhanced cleaning and disinfection, the system improves efficiency and sustainability in infection prevention.
On January 9, 2023, AA Medical, a provider of sustainable medical device solutions, completed a collaboration with Certified Endoscopy Products, a Chicago-based company specializing in endoscopic instrument reprocessing.
Growth Forecast Projected:
The Global Endoscope Reprocessing Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Endoscope Reprocessing Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Endoscope Reprocessing Market:
By Product: High-Level Disinfectants and Test Strips, Detergents and Wipes, Automated Endoscope Reprocessors, Endoscope Drying, Storage, and Transport Systems, Others
By End User: Hospitals, Ambulatory Surgery Centers, Other
Regional Analysis for Endoscope Reprocessing Market:
The regional analysis of the Endoscope Reprocessing Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Endoscope Reprocessing market?
➠ Who are the leading manufacturers in the global Endoscope Reprocessing industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Endoscope Reprocessing industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Endoscope Reprocessing market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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