What is Endoscope Reprocessing Market?
Endoscope reprocessing devices are important devices that are often used in healthcare to reprocess endoscopes such as duodenoscopes and endoscope accessories in order to decontaminate them between uses. AERs are designed to kill microorganisms in or on reusable endoscopes by exposing their outer surfaces and inner channels to chemical solutions. VREs are Class II devices that have been released through the Premarket Notification [510 (k)] path. One of the most important steps in reprocessing endoscopes is manual cleaning with sponges, detergents, and brushes. Our product portfolio is designed to degrade floors and protect the integrity of sensitive devices. The endoscope reprocessing device has received great attention from clinicians, especially in gastroenterology. The increasing demand for safe endoscope procedures in global health systems is a key factor that increases the need for automated endoscope reprocessing. A multitude of advantages of automated reprocessing compared to manual cleaning in hospitals fuel the dynamic growth of the global market for automated endoscope reprocessing devices. Demand is also supported by the emergence of devices and platforms that can reprocess multiple endoscopes. The global market for automated reprocessing devices for endoscopes also has lucrative paths as the demand for large-volume endoscopy devices increases in several developing countries.
The market study is being classified by Type (High-level Disinfectants and Test Strips, Detergents and Wipes, Automated Endoscope Reprocessors (AERs), Endoscope Drying, Storage, and Transport Systems, Endoscope Tracking Systems and Other Products (brushes and flushing aids, leak testers, hookups, and sponges)), by Application (Hospitals, Ambulatory Surgery Centers and Other End Users) and major geographies with country level break-up.
Johnson & Johnson (United States), Cantel Medical (United States), Ecolab (United States), Olympus Corporation (Japan), Hoya Corporation (Japan), Custom Ultrasonics (United States), Steris (United States), Steelco (Italy), Getinge (Sweden), Endo-Technik W.Griesat (Germany), BES Rehab (United Kingdom), ARC Healthcare Solutions (Canada) and Metrex Research (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Endoscope Reprocessing market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Endoscope Reprocessing market by Type, Application and Region.
On the basis of geography, the market of Endoscope Reprocessing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Aging Population
- Risk of Infections Associated With Improper Sterilization of Endoscopes
- Increasing Investments, Funds, and Grants by Government Bodies across the Globe
- Rising Prevalence of Diseases That Require Endoscopy Procedures
Market Trend
- Rising Number of Hospitals and Growing Hospital Investments in Endoscopy Instruments
- Increasing Out-Of-Pocket Healthcare Expenditure across the Globe
- Growing Concerns about Patient Safety among Clinicians
Restraints
- High Cost of Endoscopy Procedures
- Reprocessing Equipment and Limited Reimbursements
Opportunities
- Development of Novel Automated Endoscope Reprocessors
- Growth in the Healthcare Sector in Emerging Economies
Challenges
- Concerns Regarding the Safety of Reprocessed Instruments
Key Target Audience
Providers of Endoscope Reprocessing, End-Users, Potential Investors, Market Research Firms and Others
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