Endoscope Detergents And Disinfectants Market Projected to Grow at Steady Rate through ( 2017-2027)
Endoscope Detergents and Disinfectants Market: Drivers and Restraints
The key contributor to the growth of global endoscope detergents and disinfectants market is increasing caseload of indications requiring surgical procedures, which further necessitates the use of endoscope. Increasing use of flexible endoscopes will also boost the market. Post-surgical adverse events and deaths associated to infected endoscopes have drastically impacted the market growth. For instance, endoscopes of Olympus Medical have been recalled on a large scale due to such events and the company had to pay for the legal settlements with patients. Adequate cleaning, disinfection and/or sterilization of endoscopes has been a challenge for hospital/clinical facilities despite the availability of recommended guidelines, which may impede the market growth. Moreover, the healthcare policies such as Medicaid and Medicare has kept the costs associated with Healthcare-associated Infections (HAIs), including SSIs out of coverage, thus patients have to pay out of pocket, a major factor restricting the growth of the market.
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Endoscope Detergents and Disinfectants Market: Segmentation
Global Endoscope Detergents and Disinfectants Market has been segmented on the basis of chemical properties, application, end user and region.
Based on chemical properties, the global endoscope detergents and disinfectants Market is segmented into:
Based on the potency, the global endoscope detergents and disinfectants Market is segmented into:
Based on the end user, the global endoscope detergents and disinfectants Market is segmented into:
Endoscope Detergents and Disinfectants Market: Overview
Global Endoscope Detergents and Disinfectants market is highly fragmented with the presence of multiple players. According to the Centers for Disease Control and Prevention, over 10,000,000 gastrointestinal endoscopic procedures are performed annually in the United States. Also, 274,098 Surgical Site Infections (SSIs) are reported annually in the USA, 2% cases require surgery to treat the patients costing around USD 60,000 per patient. Europe witnesses over 12,000,000 endoscopic gastrointestinal procedures annually. Endoscopic procedures have become necessity of the daily routine in hospitals, but their cleaning, disinfection and reprocessing remains a challenge.
Endoscope Detergents and Disinfectants Market: Region-wise Outlook
Geographically, Endoscope Detergents and Disinfectants Market is segmented into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, Japan, Middle East and Africa. North America is currently dominating the market capturing the lion’s share followed by Europe. Demand of safe and effective surgical procedures have been rising in the USA over last few years with over 15 million endoscopy procedures performed annually. Asia will also witness the rapid growth in the market due to increasing use of endoscopes.
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Endoscope Detergents and Disinfectants Market: Key Players
The key players in the global Endoscope Detergents and Disinfectants Market include MEDIVATORS Inc., STERIS plc., Borer Chemie AG, Cantel Medical, Getinge AB, Olympus Corporation, Vesimin Health, MDD Company GmbH, Georg Pauldrach, SIRMAXO CHEMICALS PVT.LTD and Serim Research Corporation.
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