The endoscope reprocessing global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Endoscope Reprocessing Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The endoscope reprocessing market size has grown rapidly in recent years. It will grow from $2.44 billion in 2023 to $2.72 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to stringent regulatory compliance, increased use of endoscopy, awareness in infection control measures, focus on patient safety concerns, increased aging population.
The endoscope reprocessing market size is expected to see rapid growth in the next few years. It will grow to $4.23 billion in 2028 at a compound annual growth rate (CAGR) of 11.7%. The growth in the forecast period can be attributed to increasing artificial intelligence (ai) integration, global pandemics, increasing environmental sustainability, increasing telemedicine and remote procedures, shift towards value-based healthcare. Major trends in the forecast period include automation and robotics, data-driven compliance, single-use endoscopes, modular endoscope designs, infection control innovations.
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Scope Of Endoscope Reprocessing Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Endoscope Reprocessing Market Overview
Market Drivers –
The rising incidence of cancer is expected to propel the growth of the endoscope reprocessing market going forward. Cancer is a condition that occurs when a few of the body’s cells grow out of control and spread to other bodily regions. In the millions of cells that make up the human body, cancer can develop practically anywhere. Endoscope reprocessing is used for cleaning, disinfection, and sterilization. The growing population and exposure to the infection lead to chronic diseases. For example, in January 2021, according to the American Cancer Society, a US-based voluntary health group dedicated to eradicating cancer, 1.8 million new cancer cases were diagnosed in the year 2020, and 606,520 cancer deaths in the United States, also in 2021, as 1.9 million new cancer cases diagnosed and 608,570 cancer deaths in the country. Therefore, the rising incidence of cancer is driving the growth of the endoscope reprocessing market.
The endoscope reprocessing market covered in this report 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
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Regional Insights –
North America was the largest region in the endoscope reprocessing market in 2023. The regions covered in the endoscope reprocessing market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the endoscope reprocessing market include Custom Ultrasonics Inc., 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 SA, HOYA Corporation, Laboratories Anios, CONMED Corporation, Endo-Technik W. Griesat GmbH, Steelco S.p.A, Ecolab Inc., Belimed AG, Cantel Medical Corp., Richard Wolf GmbH, MEDALKAN, Micro-Scientific LLC, Tuttnauer USA Co. Ltd., Automated Teller Machine, Summit Imaging Inc., Shinva Medical Instrument Co. Ltd., Medical Devices Group Srl, Cantel (UK) Limited, SciCan Inc.
Table of Contents
1. Executive Summary
2. Endoscope Reprocessing Market Report Structure
3. Endoscope Reprocessing Market Trends And Strategies
4. Endoscope Reprocessing Market – Macro Economic Scenario
5. Endoscope Reprocessing Market Size And Growth
…..
27. Endoscope Reprocessing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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