The global endoscope reprocessing market is estimated to grow at a CAGR of nearly 7.5% during the forecast period (2021-2027). Emerging economies in the Asia-Pacific region such as India, China, Brazil, and Russia among others offer lucrative investment prospects for international infection control companies who are looking to relocate their operations across these countries. Public pressure to enhance hospital care quality, the rising burden of hospital-acquired infections (HAIs), the advent of multidrug-resistant bacteria, government focus on reprocessing of medical devices, and expansion of facilities by players are some key factors driving the market growth in these countries. For instance, in September 2018, Ecolab established the Greater China Healthcare Innovation and Customer Experience Center in Shanghai. Furthermore, the company established new headquarters in Singapore in October 2017, expanding its footprint across the APAC region.
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Healthcare facilities are focusing on a reliable, high-quality system for reprocessing endoscopes which reduces infection risks. The rising number of endoscopy procedures, as well as clinicians’ growing concerns about patient safety, the development of novel automated endoscope reprocessors, and the rising ageing population, are further contributing to the growth of the market. Moreover, rising demand for procedures that result in a quick recovery, fewer post-surgery infections, less discomfort, minimal scarring, better bleeding control, and higher precision is expected to drive the demand for endoscopic instruments. To grow their product range, major industry participants are focusing on launching their new product range. For instance, in April 2019, Advanced Sterilization Products’ ASP AEROFLEX automatic endoscope reprocessor was approved by the US FDA. The increasing availability of endoscopic reprocessing devices is expected to offer an opportunity for market growth.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Endoscope Reprocessing Market – Segmentation
By Product
- Detergents and Wipes
- High-Level Disinfectant and Test Strips
- Endoscope Tracking Solutions
- Automated Endoscope Reprocessors
o By Type
? Single-Basin
? Double-Basin
o By Portability
? Standalone
? Portable
By End-User
- Hospitals and Clinics
- Ambulatory Surgical Centers
Global Endoscope Reprocessing Market – Segmentation by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global endoscope reprocessing market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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