Endoscope Reprocessing Devices Market Size, Share, Growth Statistics 2022
The global endoscope reprocessing devices market size was valued at USD 1.51 billion in 2021 and is poised to grow at a significant CAGR of 7.8% during the forecast period 2022-28. It also includes market size and projection estimations for each of the five major regions from 2022 to 2028. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the endoscope reprocessing devices market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global endoscope reprocessing devices market segmentation:
1) By Product: Pasteurizers, Ultrasonic washers, Washer Disinfectors, Automated Endoscopic Re processors
2) By Modality: Bench Top Endoscopic Re processors, Standalone Endoscopic Re processors
3) By End User: Specialty Clinics, Hospitals, Ambulatory Surgical Centers
Growing demand for noninvasive surgery techniques is projected to bolster the Global endoscope reprocessing devices market:
Hospitals make heavy investments in endoscopy instruments. Global endoscope reprocessing devices market is fuelling due to the increase in the incidences of endoscopy-related infections. Another major factor anticipated to fuel the global market at considerable rate is growing demand for noninvasive surgery techniques globally. Increase in the prevalence of disorders which require doing endoscopic operations is also bolstering the expansion of global reprocessing market. Moreover, increasing risk of infections and increasing use of endoscopy because of the contamination of endoscopic devices is projected to boost the growth of market over the upcoming years. Governments also contribute greatly in grants and subsidies which can boost endoscope reprocessing market in their individual countries. In addition, growing consciousness in sterilization of the medical devices for secure use, strengthening of rules and prevalence of contaminated and chronic diseases are anticipated to impel the global endoscope reprocessing market. But, the prices of devices and strict rules anticipated hindering the growth of market over the forthcoming years.
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North America accounted for major share in the Endoscope Reprocessing Devices Market:
North America market got significant share in the endoscope reprocessing devices market and is classified into different regions such as North America, Latin America, Europe, Asia Pacific, Middle East and Africa on the basis of regional analysis. Among these regions, North America anticipated to witness prominent growth due to the factors including prevalence of chronic illnesses, well-established healthcare infrastructure and growing demand for non-invasive surgeries. Asia Pacific is anticipated to witness profitable growth opportunity due to the growing consciousness about secure use of endoscopic devices and developing healthcare infrastructure. Moreover, increase in the risk of contamination of endoscope on multi-patient use and increase in communicable illnesses are anticipated to fuel market growth over the forthcoming years. Europe endoscope reprocessing devices market is estimated to witness significant growth rate over the forthcoming years due to the increase in the public & government spending on healthcare, collaborations by the key players with the regional and local key players and increase in the prevalence of diseases.
The global endoscope reprocessing devices market key players are STERIS AB, Soluscope (Ecolab Inc.), Cilag GmbH International (Johnson & Johnson), and Getinge AB, ENDO-TECHNIK W.Griesat GmbH, MEDIVATORS Inc. (Cantel Medical Corporation) and Steelco S.p.A. These players focus on adopting the key strategies.
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