Endoscope Reprocessing Market Report 2023: Market Size, Drivers, And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The global endoscope reprocessing market is expected to grow from $2.15 billion in 2022 to $2.38 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The endoscope reprocessing market size is expected to grow to $3.56 billion in 2027 at a CAGR of 10.6%.
North America held the largest endoscope reprocessing market share.
Endoscope Reprocessing Market Driver
The rising cancer incidence is projected to drive the expansion of the endoscope reprocessing market in the future. Cancer is a disease that happens when a few of the body’s cells proliferate uncontrollably and spread to other parts of the body. Cancer can form virtually anywhere in the human body’s millions of cells. Endoscope reprocessing is used to clean, disinfect, and sterilise endoscopes. Chronic diseases are caused by an increasing population and exposure to the virus. According to the American Cancer Society, a US-based voluntary health group dedicated to cancer eradication, in January 2021, 1.8 million new cancer cases were diagnosed in the year 2020, and 606,520 cancer deaths in the country; similarly, in 2021, 1.9 million new cancer cases were diagnosed, and 608,570 cancer deaths in the country. As a result, the rising cancer incidence is propelling the endoscope reprocessing market forward.
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Prominent Endoscope Reprocessing Market Trend
The primary trend gaining traction in the endoscope reprocessing market is technological advancement. To meet client demand, major endoscope reprocessing firms are focusing on developing new and sophisticated products. Steelco spa, a US-based infection control solution provider firm, for example, debuted EW 1 S MAXI, the most advanced automated endoscope reprocessor currently available on the market, in September 2021, setting new standards for endoscope reprocessing. The advances have been implemented into the EW 1 S MAXI, which was developed in partnership with leading decontamination experts to increase the safety, effectiveness, and usability of endoscope reprocessing procedures. The most recent EW 1 S MAXI design incorporates a technologically improved evolution that allows the Oral corticosteroids (OCS) to be automatically attached to the chamber without the need for operator participation. This is a unique and outstanding advancement in reducing operator time and action for a lean and error-free operation.
Endoscope Reprocessing Market Prominent Players
Major players in the endoscope reprocessing market are Custom Ultrasonics, Advanced Sterilization Products Inc., Olympus Corporation, Wassenburg Medical BV, Steris Corporation, Getinge AB, ARC Healthcare Solutions, BES Healthcare Ltd., Medonica Company Ltd., Borer Chemie AG, Metrex Research LLC, Matachana Group, HOYA Corporation, Laboratories Anios, CONMED Corporation, Endo-Technik W. Griesat, Steelco S.p.A, Ecolab Inc., and Belimed AG.
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Key Endoscope Reprocessing Market Segments
The global endoscope reprocessing market is segmented –
1) By Type: Flexible, Rigid
2) By Product: High-Level Disinfectants and Test Strips, Other Products
3)By End-User: Hospitals, Ambulatory Surgical Centers and Clinics, Other End-Users
The Endoscope Reprocessing Global Market Report 2023 provides a comprehensive overview on the endoscope reprocessing market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the endoscope reprocessing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
View More Related Reports –
Rigid Endoscope Global Market Report 2023
Endoscopy Devices And Equipment Global Market Report 2023
Operating Room Equipment Global Market Report 2023
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