1 / 14

Automated Endoscope Reprocessors Market

Read here the market research report published by CMI team.

PriyaCmi
Download Presentation

Automated Endoscope Reprocessors Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. AUTOMATED ENDOSCOPE REPROCESSORS MARKET ANALYSIS Automated Endoscope Reprocessors Market, By Product Type (Single Basin AER, Dual Basin AER), By Modality (Standalone AER, Bench top AER), By End User (Hospitals, Ambulatory Surgical Centers, Clinics), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

  3.  Market: Drivers • Shift towards value-based healthcare model is expected to propel growth of the global automated endoscope reprocessors market over the forecast period. Automated endoscope reprocessors play a critical role in healthcare set up, as they are used in everyday healthcare practice and for all age groups. Government and regulatory bodies of various countries are adopting various cost-containment measures to reduce the healthcare burden, especially in developed economies. It is driven by various measures taken by governments, medical device providers, insurance payers and manufacturers, which include outcome-based pricing, profit and risk sharing, price control and competitive tendering. • Moreover, increasing number of infection rate and hospital-acquired infections (HAIs) is also expected to aid in growth of the market. Automated endoscope reprocessors help reduce incidence of infections (endogenous or exogenous) and thus, demand for the same is expected to gain traction over the forecast period. • Single Basin AER held dominant position in the global automated endoscope reprocessors market in 2019, accounting for 50.02% share in terms of value, followed by Dual Basin AER.

  4. Figure 1. Global Automated Endoscope Reprocessors Market Share (%), by Value, by Product Type, 2019

  5. Market Restraints • Risks of infection after endoscopic reprocessing procedures is expected to hinder growth of the global automated endoscope reprocessors market. E-coli microscopic organisms can be passed among patients by means of unclean endoscopes, which can bring about an intense disease episode. Automated endoscope reprocessors market is experiencing many issues related to infection control, adaptable endoscopes may turn out to be intensely debased with blood, emissions, and microorganisms amid utilize. These instruments are hard to clean and sanitize and simple to harm in view of their mind boggling plan, with thin lumens and numerous inside channels. • Moreover, development of custom ultrasonics automated endoscope reprocessors result into significant negative impact on patient safety. Contaminations may pass starting with one patient then onto the next because of absence of accomplishment in totally annihilating microbes and past disease from reusable endoscopes. Such scenario is also expected to hinder the market growth.

  6. Market Opportunities Increasing number of emergency surgeries is expected to offer lucrative growth opportunities for players in the global automated endoscope reprocessors market. For instance, according to Australian Institute of Health and Welfare’s Hospitals at a glance 2017–18 report updated in August 2019, admissions for emergency surgery increased between 2016-2017 and 2017-2018 by 2.9% in public hospitals and by 5.1% in private hospitals in Australia. Moreover, shift towards advanced automated endoscope reprocessors compared to conventional systems is also expected to aid in growth of the market. Over the last few years, companies have been focusing on development of newer automated endoscope reprocessors to target a range of end consumers including hospitals and specialty clinics.

  7. Figure 2. Global Automated Endoscope Reprocessors Market Value (US$ Mn), and Y-o-Y Growth (%), 2019-2027

  8. Market Trends Approval and launch of new devices is expected to propel growth of the global automated endoscope reprocessors market. For instance, in April 2018, The U.S. Food and Drug Administration announced that Custom Ultrasonics completed validation testing of its System Plus automated endoscope reprocessors, and that the devices are cleared for the reprocessing of certain duodenoscopes. Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in October 2019, Cantel Medical Corp. acquired Hu-Friedy Mfg. Co LLC, a manufacturer of instruments and instrument reprocessing workflow systems.

  9. Competitive Landscape • Major players operating in the global automated endoscope reprocessors market include, STERIS Plc., Olympus Corporation, Laboratory Anios, Hoya Corporation, Getinge AB, Metull Zug AG, SteelcoS.p.A., Cantel Medical Corp., Advanced Sterilization Products, Custom Ultrasonics, and Johnson & Johnson. • Key Developments • Major players in the market are focused on approval of new products to expand their product portfolio. For instance, in April 2019, Advanced Sterilization Products received 510(k) clearance from the U.S. Food and Drug Administration for the ASP AEROFLEX Automatic Endoscope Reprocessor. • Major players in the market are also focused on launching new products to expand their product portfolio. For instance, in October 2018, Olympus Corporation launched its OER-Mini tabletop endoscope reprocessor for ENT

  10. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Buy Now Reference: https://www.coherentmarketinsights.com/market-insight/automated-endoscope-reprocessors-market-4046

  11. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  12. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  13. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/

More Related