Press release
Drying & storage Cabinet for Endoscopes Market Set to Witness Y-o-Y Growth by 2025
The drying and storage cabinet size for endoscope includes cabinets with capability for 8, 12 or 16 endoscope. Endoscopy procedure is growing with the growth of technology in healthcare industry. There are various manufacturers that provides high quality product in this market. Based on the type of product, the device is segmented to single door cabinet, double door cabinet and multiple door cabinet. The ongoing advancement in healthcare technology, increasing prevalence of diseases has increased the use of endoscopes hence, increasing the global drying and storage cabinets market.
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The global market for drying & storage cabinet market is expected to be driven by the advancement in technology of imaging technology. The key drivers of the market are the increasing cases prevalence of infectious disease, cancer and other diseases. Moreover, the increasing research activities for drug development, growing research on cancer and increasing collaboration between research organizations, pharmaceutical and biopharmaceuticals companies is also acting as a fuel to the drying & storage cabinet market and is expected to drive the market within the forecast period of 2016-2026. However, the increased contamination cases and the high cost of the device can be the restraint for the growth of this market.
The drying & storage cabinet market is classified on the basis of product, size, end user and geography.
Based on product, the global drying & storage cabinet market is segmented into the following:
Single Door Cabinet
Double Door Cabinet
Multiple Door Cabinet
Based on Size, the global drying & storage cabinet market is segmented into the following:
8 Endoscope
12 Endoscope
16 Endoscope
Others
By end user, the global drying & storage cabinet market is segmented into the following:
Hospitals
Ambulatory Surgical Centers
Clinics
Others
The number of companies developing methods for diagnosis and therapeutic purposes has significantly changed in recent years. The increasing investment by the pharmaceutical and biotechnology companies towards research and development for endoscopy image advancement is expected to drive the market. Based on the product type single door cabinet, double door cabinet and multiple door cabinet. Based on the size of endoscope capacity the drying & storage cabinet market is segmented to 8 Endoscope, 12 Endoscope, 16 Endoscope and Others.
By end user, the global drying & storage cabinet market has been segmented into Hospitals, Ambulatory Surgical Centers, Clinics and others. Drying & storage cabinets are used in almost every healthcare facility providing service of endoscopy.
By regional presence, drying & storage cabinet market is segmented into five key regions viz. North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. North America will continue to dominate the drying & storage cabinet market due to high availability of devices and better economic conditions. Europe is expected to hold second largest market share in global drying & storage cabinet market. The growing government initiatives to support focus towards better healthcare and increasing number of biotechnology and biopharmaceutical companies in APAC is also driving the market of drying & storage cabinet in APAC.
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Some of the major players in global drying & storage cabinet market includes Stanley Healthcare, Mixta, WuXi AppTec, ELMED medical system, DGM Pharma-Apparate Handel, Choyang Medical Industry, Inc., Arc Healthcare Solutions, Medivators and others.
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