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Global Endoscope Reprocessing Market was valued at USD 1.38 Billion in 2016 and is expected to grow at a CAGR of 8.6% over the forecast period 2020-2026.
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Endoscope Reprocessing Market Size, Growth | Industry Report, 2026 • Global Endoscope Reprocessing Market was valued at USD 1.38 Billion in 2016 and is expected to grow at a CAGR of 8.6% over the forecast period 2020-2026. Key growth drivers include high risk of infections associated with improper sterilization of endoscopes, and rising prevalence of diseases that require endoscopy procedures. • Market Trends, Drivers, Restraints and Opportunity: • Growing prevalence of respiratory diseases and growing use of endoscopic devices is likely to enhance the market growth in the forecast period. In addition, surge in cases of rectal cancer is triggering the market development in the following years • Advantages such as faster recovery, minimally invasive surgeries and increased accuracy is expected to contribute in creating a high demand for endoscopy in the near future • Increasing use of endoscopy devices are subsequent to developing a niche market further resulting in a high demand for endoscopy reprocessing products • Increase in investments and rise in patient influx is playing a pivotal role in creating immense opportunities in the following years • On contrary, significant costs of treatment and lack of awareness in various countries is creating challenges in the global market
Scope of the Report: The report on global endoscope reprocessing market includes an assessment of the market size, share, trends, segments, regional markets and competitive scenarios. Segment overview and dynamics have been included in the report. Request for Free Sample: https://dataintelo.com/request-sample/?reportId=8413
Endoscope Reprocessing Market Segment Share Insights: High adoption of endoscopy in hospitals to encourage growth in the coming years By end-use, the market can be segmented as ambulatory, hospitals and surgical centers. Hospitals are anticipated to gain a significant traction in the forthcoming years owing to the rapid adoption and increase in demand. Availability of healthcare infrastructure across developed markets is playing a crucial role in the growth of segment. Surgical centers are likely to emerge in the forthcoming years attributing to significant contribution in the forecast period. Automated Endoscope Reprocessors to lead in the global market By product, the market can be segmented as automated endoscope reprocessors, endoscope tracking systems, endoscope drying, and storage & transportation systems. Automated endoscope reprocessors have gained a huge momentum in the recent years attributing to surge in use in healthcare settings. Change in trend of sanitization procedures and decontamination is pivotal for segment’s development.
North America to maintain a steady foothold in the global endoscopy reprocessing market By region, the endoscope reprocessing market can be segmented as North America, South America, Europe, Asia Pacific, Middle-East and Africa. North America maintains a high dominance throughout the forecast span owing to availability of medical infrastructure and rise in treatment of endoscopy in the recent years. Demand for minimally invasive surgeries is gaining a significant momentum in the following years which in turn impels in the growth of regional market. Asia Pacific is a growing market for endoscopy attributing to availability of healthcare consumers and growing emphasis on quality treatment. Rise in spending capacity and presence of key players stimulates the market growth in the forecast span. Competitive Landscape: Some of the key players in the endoscope reprocessing market are Advanced Sterilization Products, Ecolab Inc., Endo-Technik W, Getinge AB, Metrex Research LLC, Olympus Corporation, and Wassenburg Medical. Mergers & acquisitions, trends and analysis pertaining to strategic collaboration among partners and mutual agreements and partnerships are some of the growth strategies identified. The key players are adopting innovative methods for product launch to strengthen their geographical presence.
Segments Covered in the Report • The global endoscope reprocessing market can be segmented based on end-use, product, and region. • By End-Use: • Ambulatory • Hospitals • Surgery Centers • By Product Type: • Automated Endoscope Reprocessors • Endoscope Tracking Systems • Endoscope Drying • Storage & Transport Systems • Detergents & Wipes
By Region: • North America • LAMEA • Europe • Asia Pacific • Middle-East • Africa • Discover More @ https://dataintelo.com/